SHE:000526 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	3,068	2,702	2,158	1,742	2,494	2,408
Other Revenue	83.86	83.86	54.14	55.59	35.41	21.71
Revenue	3,152	2,786	2,213	1,798	2,529	2,430
Revenue Growth (YoY)	18.22%	25.90%	23.09%	-28.93%	4.10%	-18.79%
Cost of Revenue	2,092	1,825	1,406	1,294	1,867	1,802
Gross Profit	1,060	961.25	806.83	503.36	662.07	627.42
Selling, General & Admin	670.51	625.75	510.23	373.81	552.22	542.85
Research & Development	31.98	34.95	26.99	23.52	50.48	47.35
Other Operating Expenses	10.9	10.29	9.73	8.49	9.02	-70.59
Operating Expenses	715.33	670.69	537.98	404.99	634.53	522.53
Operating Income	344.82	290.56	268.85	98.36	27.54	104.89
Interest Expense	-22.66	-24.41	-41.53	-51.87	-60.17	-70.56
Interest & Investment Income	23.93	12.65	12.82	13.73	19.94	78.95
Currency Exchange Gain (Loss)	0.43	0.43	0.43	2.09	-0.74	-4.74
Other Non Operating Income (Expenses)	-56.86	-53.55	-32.1	-28.77	-52.55	-29.89
EBT Excluding Unusual Items	289.65	225.67	208.47	33.54	-65.98	78.65
Impairment of Goodwill	-	-	-	-	-452.91	-
Gain (Loss) on Sale of Investments	6.4	5.37	-3.08	-2.59	-9.87	-4.55
Gain (Loss) on Sale of Assets	3.51	7.21	3.25	15.19	12.77	0.11
Asset Writedown	-3.82	-3.82	-0.93	-5.52	-8.37	-3.55
Other Unusual Items	4.5	4.5	13.04	13.1	13.6	7.26
Pretax Income	300.24	238.93	220.76	53.72	-510.75	77.92
Income Tax Expense	70.31	62.69	68.45	42.69	28.05	35.15
Earnings From Continuing Operations	229.93	176.24	152.3	11.03	-538.81	42.78
Minority Interest in Earnings	5.14	3.44	1.48	2.51	2.79	0.91
Net Income	235.07	179.69	153.78	13.55	-536.02	43.69
Net Income to Common	235.07	179.69	153.78	13.55	-536.02	43.69
Net Income Growth	10.63%	16.84%	1035.24%	-	-	215.09%
Shares Outstanding (Basic)	119	118	118	118	114	96
Shares Outstanding (Diluted)	122	120	118	118	114	96
Shares Change (YoY)	4.00%	1.96%	-0.03%	3.17%	18.70%	-0.03%
EPS (Basic)	1.98	1.52	1.31	0.12	-4.70	0.45
EPS (Diluted)	1.93	1.50	1.31	0.12	-4.70	0.45
EPS Growth	6.38%	14.60%	1035.57%	-	-	215.20%
Free Cash Flow	594.23	532.72	477.86	138.13	-252.1	44.89
Free Cash Flow Per Share	4.88	4.44	4.06	1.17	-2.21	0.47
Gross Margin	33.63%	34.51%	36.46%	28.00%	26.17%	25.82%
Operating Margin	10.94%	10.43%	12.15%	5.47%	1.09%	4.32%
Profit Margin	7.46%	6.45%	6.95%	0.75%	-21.19%	1.80%
Free Cash Flow Margin	18.85%	19.12%	21.60%	7.68%	-9.97%	1.85%
EBITDA	380.16	329.07	311.58	144.14	81.02	157.27
EBITDA Margin	12.06%	11.81%	14.08%	8.02%	3.20%	6.47%
D&A For EBITDA	35.34	38.51	42.73	45.78	53.48	52.38
EBIT	344.82	290.56	268.85	98.36	27.54	104.89
EBIT Margin	10.94%	10.43%	12.15%	5.47%	1.09%	4.32%
Effective Tax Rate	23.42%	26.24%	31.01%	79.47%	-	45.10%
Revenue as Reported	3,152	2,786	2,213	1,798	2,529	2,430

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