SHE:000065 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	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	14,789	19,080	21,400	13,376	13,016	12,810
Other Revenue	84.04	-	88.19	57.75	34.14	40.62
Revenue	14,873	19,080	21,488	13,433	13,050	12,851
Revenue Growth (YoY)	-29.10%	-11.21%	59.96%	2.94%	1.55%	16.19%
Cost of Revenue	12,715	16,634	19,270	11,607	11,655	11,564
Gross Profit	2,159	2,446	2,218	1,826	1,395	1,287
Selling, General & Admin	912.26	866.74	801.19	660.62	594.85	555.51
Research & Development	71.59	67.22	66.4	20.23	16.08	14.94
Other Operating Expenses	21.82	1.87	21.95	17.43	15.69	14.19
Operating Expenses	1,328	935.83	1,137	870.15	588.83	546.62
Operating Income	830.76	1,510	1,081	956.01	805.81	739.92
Interest Expense	-178.64	-	-227.88	-184.08	-169.19	-121.97
Interest & Investment Income	269.84	-	193.7	160.94	287.58	217.57
Currency Exchange Gain (Loss)	149.34	-	219.68	396.24	-146.68	3.02
Other Non Operating Income (Expenses)	-188.67	-255.83	-144.77	-206.15	-50.33	-64.96
EBT Excluding Unusual Items	882.63	1,255	1,122	1,123	727.19	773.59
Gain (Loss) on Sale of Investments	-30.98	-5.16	-34.24	-178.19	75.69	107.48
Gain (Loss) on Sale of Assets	-0.1	-0.09	1.9	0.24	0.1	0.42
Asset Writedown	18.89	-87.85	-0.06	-0.76	-0.47	-0.71
Legal Settlements	-	-	-	-2.1	-1.36	-
Other Unusual Items	19.81	-	24.89	23.37	5.89	22.3
Pretax Income	890.25	1,162	1,114	965.53	807.04	903.07
Income Tax Expense	168.88	135.58	160.34	162.03	129.99	118.93
Earnings From Continuing Operations	721.37	1,026	953.69	803.5	677.05	784.14
Minority Interest in Earnings	55.27	23.59	-35.63	-167.34	-53.35	-32.76
Net Income	776.64	1,050	918.06	636.16	623.71	751.38
Net Income to Common	776.64	1,050	918.06	636.16	623.71	751.38
Net Income Growth	-21.16%	14.32%	44.31%	2.00%	-16.99%	6.39%
Shares Outstanding (Basic)	1,045	1,000	1,002	955	859	767
Shares Outstanding (Diluted)	1,101	1,039	1,071	1,024	930	835
Shares Change (YoY)	3.45%	-2.95%	4.61%	10.03%	11.43%	7.57%
EPS (Basic)	0.74	1.05	0.92	0.67	0.73	0.98
EPS (Diluted)	0.73	1.01	0.88	0.65	0.70	0.90
EPS Growth	-22.99%	14.61%	35.86%	-7.11%	-22.41%	-1.10%
Free Cash Flow	1,763	469.1	514.9	419.26	798.49	-2,056
Free Cash Flow Per Share	1.60	0.45	0.48	0.41	0.86	-2.46
Dividend Per Share	0.148	0.148	0.092	0.063	0.062	0.097
Dividend Growth	60.76%	60.76%	44.91%	1.96%	-36.05%	5.84%
Gross Margin	14.52%	12.82%	10.32%	13.59%	10.69%	10.01%
Operating Margin	5.59%	7.92%	5.03%	7.12%	6.17%	5.76%
Profit Margin	5.22%	5.50%	4.27%	4.74%	4.78%	5.85%
Free Cash Flow Margin	11.85%	2.46%	2.40%	3.12%	6.12%	-16.00%
EBITDA	1,203	1,833	1,330	1,191	942.7	878.61
EBITDA Margin	8.09%	9.61%	6.19%	8.86%	7.22%	6.84%
D&A For EBITDA	372.22	322.77	249.28	234.7	136.89	138.7
EBIT	830.76	1,510	1,081	956.01	805.81	739.92
EBIT Margin	5.58%	7.92%	5.03%	7.12%	6.17%	5.76%
Effective Tax Rate	18.97%	11.67%	14.39%	16.78%	16.11%	13.17%
Revenue as Reported	14,873	-	21,488	13,433	13,050	12,851
Advertising Expenses	-	-	5.73	4.66	3.94	3.69

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