SHE:000060 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	Jan '21 Jan 1, 2021
Operating Revenue	64,567	59,450	65,366	55,239	44,140	30,083
Other Revenue	400.58	400.58	266.7	185.14	349.34	156.85
Revenue	64,968	59,851	65,633	55,424	44,489	30,240
Revenue Growth (YoY)	15.66%	-8.81%	18.42%	24.58%	47.12%	32.56%
Cost of Revenue	61,411	56,251	62,480	52,619	41,828	28,257
Gross Profit	3,557	3,600	3,152	2,806	2,661	1,983
Selling, General & Admin	954.45	928.74	790.03	666.08	675.12	635.3
Research & Development	495.8	503.01	434.43	385.48	355.24	314.37
Other Operating Expenses	357.34	328.96	283.24	258.29	261.76	177.29
Operating Expenses	1,810	1,764	1,487	1,304	1,306	1,137
Operating Income	1,747	1,836	1,665	1,502	1,355	845.89
Interest Expense	-557.91	-578.2	-613.22	-245.06	-182.44	-189.71
Interest & Investment Income	165.45	246.77	191.15	115.45	356.8	230.37
Currency Exchange Gain (Loss)	50.88	50.88	-39.53	123.47	10.5	18.94
Other Non Operating Income (Expenses)	-65.13	-50.71	-19.14	-14.7	-16.34	-11.54
EBT Excluding Unusual Items	1,340	1,504	1,184	1,481	1,523	893.96
Gain (Loss) on Sale of Investments	110.46	47.57	-25.52	-130.71	-46.57	-69.66
Gain (Loss) on Sale of Assets	2.86	3.05	6.04	-0.63	6.61	2.99
Asset Writedown	-15.06	-9.79	-29.39	-20.89	-27.11	-5.31
Other Unusual Items	54.59	54.92	57.37	50.36	32.6	425.58
Pretax Income	1,496	1,603	1,193	1,379	1,489	1,248
Income Tax Expense	269.38	281.75	152.89	143.72	267.85	147.72
Earnings From Continuing Operations	1,226	1,321	1,040	1,235	1,221	1,100
Minority Interest in Earnings	-102.9	-238.94	-352.18	-23.07	-49.43	-104.75
Net Income	1,123	1,082	687.76	1,212	1,172	995.1
Net Income to Common	1,123	1,082	687.76	1,212	1,172	995.1
Net Income Growth	45.64%	57.30%	-43.27%	3.46%	17.75%	16.78%
Shares Outstanding (Basic)	3,748	3,737	3,821	3,674	3,551	3,554
Shares Outstanding (Diluted)	4,012	4,007	3,821	4,330	4,340	3,827
Shares Change (YoY)	4.21%	4.87%	-11.75%	-0.23%	13.38%	7.80%
EPS (Basic)	0.30	0.29	0.18	0.33	0.33	0.28
EPS (Diluted)	0.28	0.27	0.18	0.28	0.27	0.26
EPS Growth	39.76%	50.00%	-35.71%	3.70%	3.85%	8.33%
Free Cash Flow	-11.91	-1,391	-838.8	-2,295	-2,882	-1,060
Free Cash Flow Per Share	-0.00	-0.35	-0.22	-0.53	-0.66	-0.28
Dividend Per Share	0.087	0.087	0.056	0.100	0.095	0.084
Dividend Growth	55.36%	55.36%	-44.00%	5.56%	12.78%	16.66%
Gross Margin	5.48%	6.01%	4.80%	5.06%	5.98%	6.56%
Operating Margin	2.69%	3.07%	2.54%	2.71%	3.04%	2.80%
Profit Margin	1.73%	1.81%	1.05%	2.19%	2.63%	3.29%
Free Cash Flow Margin	-0.02%	-2.32%	-1.28%	-4.14%	-6.48%	-3.51%
EBITDA	3,254	3,257	2,973	2,285	2,113	1,537
EBITDA Margin	5.01%	5.44%	4.53%	4.12%	4.75%	5.08%
D&A For EBITDA	1,507	1,421	1,308	783.29	758.17	690.65
EBIT	1,747	1,836	1,665	1,502	1,355	845.89
EBIT Margin	2.69%	3.07%	2.54%	2.71%	3.04%	2.80%
Effective Tax Rate	18.01%	17.58%	12.82%	10.42%	17.99%	11.84%
Revenue as Reported	64,984	59,862	65,647	55,437	44,500	30,253
Advertising Expenses	-	1.87	1.28	0.74	0.85	0.99

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.