SHE:000422 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	15,806	16,450	16,580	19,653	18,203	13,781
Other Revenue	513.48	513.48	465.49	1,059	341.28	-
Revenue	16,319	16,964	17,046	20,713	18,544	13,781
Revenue Growth (YoY)	-29.51%	-0.48%	-17.70%	11.69%	34.56%	-2.77%
Cost of Revenue	15,049	14,676	14,934	16,845	14,029	12,247
Gross Profit	1,271	2,287	2,112	3,867	4,515	1,534
Selling, General & Admin	811.36	749.39	581.93	544.31	521.05	472
Research & Development	592.82	813.47	736.52	735.34	710.64	326.18
Other Operating Expenses	83.79	44.29	30.15	112.63	113.44	79.25
Operating Expenses	957.27	1,613	1,341	1,401	1,338	885.21
Operating Income	313.31	674.11	770.82	2,467	3,177	648.94
Interest Expense	-330.05	-227.27	-242.05	-334.41	-500.72	-744.56
Interest & Investment Income	406.48	428.38	470.77	660.26	146.77	299.7
Currency Exchange Gain (Loss)	44.95	44.95	36.47	33.58	-4.91	-12
Other Non Operating Income (Expenses)	242.14	-7.49	-9.16	84.26	-96.78	-63.02
EBT Excluding Unusual Items	676.82	912.67	1,027	2,910	2,721	129.06
Gain (Loss) on Sale of Investments	-42.67	-	5.15	54.68	-29.22	-16.23
Gain (Loss) on Sale of Assets	-153.48	46.75	9.86	9.05	14.03	6.19
Asset Writedown	-174.09	-132.28	-160.38	-100.3	-583	-10.2
Legal Settlements	-0.23	-0.23	-0.52	-2.43	-12.51	-46.93
Other Unusual Items	173.92	173.92	86.8	97.73	133.38	270.76
Pretax Income	480.27	1,001	967.75	2,969	2,244	332.65
Income Tax Expense	160.06	107.12	163.23	239.59	164.57	23.61
Earnings From Continuing Operations	320.2	893.72	804.52	2,729	2,079	309.03
Earnings From Discontinued Operations	-	-	-	-	-	-94.96
Net Income to Company	320.2	893.72	804.52	2,729	2,079	214.08
Minority Interest in Earnings	77.57	-241.18	-352.38	-565.1	-510.22	-98.28
Net Income	397.77	652.54	452.14	2,164	1,569	115.79
Net Income to Common	397.77	652.54	452.14	2,164	1,569	115.79
Net Income Growth	-64.78%	44.32%	-79.11%	37.95%	1255.01%	-29.56%
Shares Outstanding (Basic)	1,084	1,068	964	898	898	898
Shares Outstanding (Diluted)	1,084	1,068	964	898	898	898
Shares Change (YoY)	2.10%	10.77%	7.42%	-0.00%	0.03%	-49.77%
EPS (Basic)	0.37	0.61	0.47	2.41	1.75	0.13
EPS (Diluted)	0.37	0.61	0.47	2.41	1.75	0.13
EPS Growth	-65.50%	30.29%	-80.55%	37.95%	1254.65%	40.22%
Free Cash Flow	-3,469	-3,896	-126.19	1,621	2,689	635.03
Free Cash Flow Per Share	-3.20	-3.65	-0.13	1.80	3.00	0.71
Dividend Per Share	0.200	0.200	0.320	0.100	-	-
Dividend Growth	-37.50%	-37.50%	220.00%	-	-	-
Gross Margin	7.79%	13.48%	12.39%	18.67%	24.35%	11.13%
Operating Margin	1.92%	3.97%	4.52%	11.91%	17.13%	4.71%
Profit Margin	2.44%	3.85%	2.65%	10.45%	8.46%	0.84%
Free Cash Flow Margin	-21.25%	-22.97%	-0.74%	7.83%	14.50%	4.61%
EBITDA	1,619	1,899	1,889	3,564	4,281	1,723
EBITDA Margin	9.92%	11.20%	11.08%	17.21%	23.08%	12.50%
D&A For EBITDA	1,306	1,225	1,118	1,097	1,104	1,074
EBIT	313.31	674.11	770.82	2,467	3,177	648.94
EBIT Margin	1.92%	3.97%	4.52%	11.91%	17.13%	4.71%
Effective Tax Rate	33.33%	10.70%	16.87%	8.07%	7.33%	7.10%
Revenue as Reported	16,319	16,964	17,046	20,713	18,544	13,805
Advertising Expenses	-	1.08	0.64	4.26	0.64	0.98

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