SHE:301468 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	457.29	457.4	601.86	573.75	618.23	550.1
Other Revenue	2.91	2.91	1.9	1.18	0.68	0.38
Revenue	460.2	460.31	603.76	574.93	618.91	550.48
Revenue Growth (YoY)	-6.88%	-23.76%	5.01%	-7.11%	12.43%	25.29%
Cost of Revenue	350.91	333.58	391.62	395.81	381.79	322.02
Gross Profit	109.29	126.73	212.14	179.12	237.12	228.45
Selling, General & Admin	55.05	44.05	30.74	19.99	34.91	29.38
Research & Development	21.07	19.93	27.82	24.94	24.42	18.67
Other Operating Expenses	2.16	4	2.73	5.22	4.13	4.38
Operating Expenses	88.95	81.39	74.55	55.34	69.96	58.79
Operating Income	20.34	45.35	137.59	123.78	167.16	169.66
Interest Expense	-0.4	-	-0.01	-0.21	-0.88	-1.6
Interest & Investment Income	18.11	25.96	10.51	4.56	4.18	1.73
Currency Exchange Gain (Loss)	1.29	1.29	0.33	5.22	8.07	-5.29
Other Non Operating Income (Expenses)	5.97	0.75	-2.07	-0.14	-0.65	-0.39
EBT Excluding Unusual Items	45.31	73.35	146.35	133.21	177.88	164.12
Gain (Loss) on Sale of Investments	10.56	7.19	4.36	0.31	0.4	0.54
Gain (Loss) on Sale of Assets	0.21	0.01	0	-	-	-
Asset Writedown	-3.8	-0.01	-0.01	-0.02	-0.1	-0.14
Other Unusual Items	-0.52	-0.52	0.11	1.14	1.39	2.42
Pretax Income	51.76	80.02	150.82	134.65	179.57	166.94
Income Tax Expense	6.96	10.6	19.78	13.68	25.51	24.43
Net Income	44.8	69.42	131.04	120.96	154.07	142.51
Net Income to Common	44.8	69.42	131.04	120.96	154.07	142.51
Net Income Growth	-49.27%	-47.02%	8.33%	-21.49%	8.11%	104.12%
Shares Outstanding (Basic)	129	131	113	99	99	96
Shares Outstanding (Diluted)	129	131	113	99	99	96
Shares Change (YoY)	-2.30%	15.95%	13.93%	0.40%	2.56%	13.09%
EPS (Basic)	0.35	0.53	1.16	1.22	1.56	1.48
EPS (Diluted)	0.35	0.53	1.16	1.22	1.56	1.48
EPS Growth	-48.08%	-54.31%	-4.92%	-21.80%	5.41%	80.49%
Free Cash Flow	-286.92	-109.87	63.92	8.04	116.28	10.35
Free Cash Flow Per Share	-2.22	-0.84	0.57	0.08	1.18	0.11
Dividend Per Share	0.260	0.260	0.500	-	-	0.405
Dividend Growth	-48.00%	-48.00%	-	-	-	-
Gross Margin	23.75%	27.53%	35.14%	31.16%	38.31%	41.50%
Operating Margin	4.42%	9.85%	22.79%	21.53%	27.01%	30.82%
Profit Margin	9.74%	15.08%	21.70%	21.04%	24.89%	25.89%
Free Cash Flow Margin	-62.35%	-23.87%	10.59%	1.40%	18.79%	1.88%
EBITDA	42.45	67.51	159.83	141.77	181.96	179.88
EBITDA Margin	9.22%	14.67%	26.47%	24.66%	29.40%	32.68%
D&A For EBITDA	22.11	22.16	22.23	17.99	14.81	10.22
EBIT	20.34	45.35	137.59	123.78	167.16	169.66
EBIT Margin	4.42%	9.85%	22.79%	21.53%	27.01%	30.82%
Effective Tax Rate	13.44%	13.25%	13.11%	10.16%	14.20%	14.63%
Revenue as Reported	460.2	460.31	603.76	574.93	-	-

Source: S&P Global Market Intelligence. Standard template. Financial Sources.