SHE:000156 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	9,400	9,341	9,656	9,311	8,384	7,490
Other Revenue	53.13	53.13	50.4	75.53	99.5	88.05
Revenue	9,453	9,395	9,707	9,386	8,484	7,578
Revenue Growth (YoY)	0.70%	-3.22%	3.42%	10.64%	11.96%	8.43%
Cost of Revenue	6,717	6,538	6,788	6,456	5,759	5,111
Gross Profit	2,736	2,857	2,919	2,930	2,725	2,467
Selling, General & Admin	1,842	1,873	1,786	1,814	1,702	1,593
Research & Development	608.78	644.73	600.8	506.01	371.63	190.64
Other Operating Expenses	-1.23	6.66	-28.13	4.77	1.47	1.42
Operating Expenses	2,589	2,668	2,475	2,426	2,157	1,837
Operating Income	146.77	188.21	444.83	503.98	567.49	629.95
Interest Expense	-48.34	-47.7	-57.42	-33.85	-19.34	-
Interest & Investment Income	282.19	331.58	304.98	233.91	256.49	299.32
Currency Exchange Gain (Loss)	-	-	-	-	0.04	-0.12
Other Non Operating Income (Expenses)	-27.83	-15.56	4.61	-16.29	4.11	-10.66
EBT Excluding Unusual Items	352.79	456.54	697	687.75	808.79	918.48
Gain (Loss) on Sale of Investments	50.04	2.69	-8.2	-2.42	-1.72	-59.78
Gain (Loss) on Sale of Assets	1.55	2.53	0.05	0.04	-0.03	7.64
Asset Writedown	-4.1	-15.92	-40.39	-26.84	-20.27	-25.92
Other Unusual Items	95.5	95.5	70.48	148.16	142.82	101.94
Pretax Income	495.77	541.33	718.94	806.69	929.58	942.36
Income Tax Expense	-44.35	-0.49	15.25	-0.53	2.82	-9.35
Earnings From Continuing Operations	540.12	541.82	703.69	807.22	926.76	951.71
Minority Interest in Earnings	-8.83	-7.82	-14.69	-14.62	-19.96	-108.05
Net Income	531.3	534	689	792.6	906.79	843.67
Net Income to Common	531.3	534	689	792.6	906.79	843.67
Net Income Growth	4.23%	-22.50%	-13.07%	-12.59%	7.48%	8.05%
Shares Outstanding (Basic)	1,841	1,841	1,862	1,843	1,851	1,507
Shares Outstanding (Diluted)	1,841	1,841	1,862	1,843	1,851	1,507
Shares Change (YoY)	-1.16%	-1.12%	1.03%	-0.40%	22.84%	0.33%
EPS (Basic)	0.29	0.29	0.37	0.43	0.49	0.56
EPS (Diluted)	0.29	0.29	0.37	0.43	0.49	0.56
EPS Growth	5.45%	-21.62%	-13.95%	-12.25%	-12.50%	7.69%
Free Cash Flow	561.25	704.08	324.36	42.91	823.79	350.33
Free Cash Flow Per Share	0.30	0.38	0.17	0.02	0.45	0.23
Dividend Per Share	0.180	0.180	0.220	0.220	0.200	0.170
Dividend Growth	-18.18%	-18.18%	-	10.00%	17.65%	-73.02%
Gross Margin	28.95%	30.41%	30.08%	31.22%	32.12%	32.55%
Operating Margin	1.55%	2.00%	4.58%	5.37%	6.69%	8.31%
Profit Margin	5.62%	5.68%	7.10%	8.44%	10.69%	11.13%
Free Cash Flow Margin	5.94%	7.49%	3.34%	0.46%	9.71%	4.62%
EBITDA	953.15	1,025	1,323	1,346	1,365	1,387
EBITDA Margin	10.08%	10.91%	13.63%	14.34%	16.09%	18.30%
D&A For EBITDA	806.39	837.03	877.89	842.13	797.66	756.66
EBIT	146.77	188.21	444.83	503.98	567.49	629.95
EBIT Margin	1.55%	2.00%	4.58%	5.37%	6.69%	8.31%
Effective Tax Rate	-	-	2.12%	-	0.30%	-
Revenue as Reported	9,453	9,395	9,707	9,386	8,484	7,578

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