SHE:301557 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	1,152	1,042	862.51	732.85	607.57	841.01
Other Revenue	7.84	7.84	8.8	6.95	12.03	16.11
Revenue	1,160	1,050	871.31	739.8	619.6	857.13
Revenue Growth (YoY)	33.13%	20.53%	17.78%	19.40%	-27.71%	177.94%
Cost of Revenue	886.15	783.13	656.6	551.22	470.96	591.1
Gross Profit	273.86	267.04	214.71	188.58	148.64	266.03
Selling, General & Admin	95.46	78.43	61.49	47.74	46.82	108.32
Research & Development	35.22	29.31	26.94	26.36	18.28	17.14
Other Operating Expenses	4.75	6.34	3.08	5.15	5.46	6.78
Operating Expenses	153.45	127.91	103.69	79.74	69.3	151.15
Operating Income	120.41	139.13	111.02	108.84	79.34	114.88
Interest Expense	-10.8	-8.24	-5.5	-2.76	-5.77	-6.12
Interest & Investment Income	0.33	0.46	0.5	0.26	0.3	0.14
Currency Exchange Gain (Loss)	-	-	-0	-	-	-
Other Non Operating Income (Expenses)	3.08	2.47	0.17	-0.29	-0.18	-1.94
EBT Excluding Unusual Items	113.02	133.83	106.19	106.05	73.69	106.96
Gain (Loss) on Sale of Investments	-4.98	-6.85	-6.17	-3.94	-2.26	-1.96
Gain (Loss) on Sale of Assets	-0.26	-0.57	-0.7	0.03	0.28	33.19
Asset Writedown	-1.05	-0.6	-0.13	-0.16	-0.03	-0.38
Other Unusual Items	1.94	1.94	0.49	6.98	5.48	0.7
Pretax Income	108.66	127.75	99.68	108.96	77.16	138.5
Income Tax Expense	17.62	22.52	17.08	21.42	15.34	34.81
Earnings From Continuing Operations	91.04	105.23	82.6	87.54	61.82	103.69
Minority Interest in Earnings	-	-	-	-	-	0.5
Net Income	91.04	105.23	82.6	87.54	61.82	104.19
Net Income to Common	91.04	105.23	82.6	87.54	61.82	104.19
Net Income Growth	10.21%	27.39%	-5.64%	41.60%	-40.66%	109.83%
Shares Outstanding (Basic)	40	33	33	33	33	30
Shares Outstanding (Diluted)	40	33	33	33	33	30
Shares Change (YoY)	19.55%	0.07%	-0.33%	0.68%	10.38%	164.78%
EPS (Basic)	2.30	3.17	2.49	2.63	1.87	3.48
EPS (Diluted)	2.30	3.17	2.49	2.63	1.87	3.48
EPS Growth	-7.81%	27.31%	-5.32%	40.64%	-46.24%	-20.75%
Free Cash Flow	-94.65	-52.04	-44.64	3.72	-89.87	-109.07
Free Cash Flow Per Share	-2.39	-1.57	-1.35	0.11	-2.72	-3.64
Dividend Per Share	1.100	1.100	-	-	-	-
Gross Margin	23.61%	25.43%	24.64%	25.49%	23.99%	31.04%
Operating Margin	10.38%	13.25%	12.74%	14.71%	12.80%	13.40%
Profit Margin	7.85%	10.02%	9.48%	11.83%	9.98%	12.16%
Free Cash Flow Margin	-8.16%	-4.96%	-5.12%	0.50%	-14.50%	-12.72%
EBITDA	149.28	162.67	127.45	135.13	102.56	123.44
EBITDA Margin	12.87%	15.49%	14.63%	18.27%	16.55%	14.40%
D&A For EBITDA	28.87	23.54	16.42	26.29	23.22	8.57
EBIT	120.41	139.13	111.02	108.84	79.34	114.88
EBIT Margin	10.38%	13.25%	12.74%	14.71%	12.80%	13.40%
Effective Tax Rate	16.22%	17.63%	17.13%	19.66%	19.88%	25.14%
Revenue as Reported	1,160	1,050	871.31	-	-	857.13

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