SHE:000551 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	3,830	4,063	4,192	4,084	3,605	3,144
Other Revenue	128.79	128.79	131.28	95.99	90.89	69.75
Revenue	3,959	4,192	4,323	4,180	3,696	3,213
Revenue Growth (YoY)	-11.58%	-3.03%	3.42%	13.10%	15.03%	-0.74%
Cost of Revenue	2,987	3,245	3,417	3,346	2,925	2,545
Gross Profit	971.6	946.61	905.96	834.05	771.04	668.11
Selling, General & Admin	357.31	344.15	372.06	334.63	302.82	262.12
Research & Development	208.63	215.49	237.36	212.08	192.49	161.43
Other Operating Expenses	20.4	15.8	26.99	35.46	33.72	32.36
Operating Expenses	623.25	596.14	655.34	607.85	553.5	464.76
Operating Income	348.35	350.47	250.62	226.2	217.54	203.35
Interest Expense	-13.46	-18.59	-22.22	-25.3	-24.94	-23.85
Interest & Investment Income	58.84	65.95	52.55	39.34	28.64	25.83
Currency Exchange Gain (Loss)	4.58	4.58	11.42	25.2	-13.61	-16.97
Other Non Operating Income (Expenses)	10.06	-0.81	-13.93	-11.82	-27.19	-4.64
EBT Excluding Unusual Items	408.38	401.6	278.44	253.62	180.44	183.72
Impairment of Goodwill	-20.11	-20.11	-20.18	-	-	-
Gain (Loss) on Sale of Investments	0.18	-0.23	-0.19	-0.09	-	-
Gain (Loss) on Sale of Assets	5.33	7.38	0.69	-0.52	-0.23	-0.18
Asset Writedown	5.96	-0.75	-1.09	-0.45	-0.17	-0.12
Other Unusual Items	33.88	34.32	38.56	37.69	28.45	42.7
Pretax Income	433.61	422.22	296.23	290.24	208.49	226.12
Income Tax Expense	56.97	42.15	26.02	17.73	11.67	22.56
Earnings From Continuing Operations	376.64	380.07	270.2	272.51	196.82	203.56
Minority Interest in Earnings	-119.14	-129.44	-114.91	-108.58	-87.56	-86.89
Net Income	257.5	250.63	155.3	163.93	109.26	116.67
Net Income to Common	257.5	250.63	155.3	163.93	109.26	116.67
Net Income Growth	11.99%	61.39%	-5.27%	50.03%	-6.35%	3.34%
Shares Outstanding (Basic)	483	481	485	480	480	483
Shares Outstanding (Diluted)	483	482	486	481	480	483
Shares Change (YoY)	-0.77%	-0.83%	1.05%	0.23%	-0.55%	-0.25%
EPS (Basic)	0.53	0.52	0.32	0.34	0.23	0.24
EPS (Diluted)	0.53	0.52	0.32	0.34	0.23	0.24
EPS Growth	12.86%	62.74%	-6.25%	49.69%	-5.83%	3.60%
Free Cash Flow	340.09	352.78	143.09	366.78	155.62	80.82
Free Cash Flow Per Share	0.70	0.73	0.29	0.76	0.32	0.17
Dividend Per Share	0.083	0.083	0.058	0.058	-	0.083
Dividend Growth	42.88%	42.88%	-	-	-	-
Gross Margin	24.54%	22.58%	20.96%	19.95%	20.86%	20.79%
Operating Margin	8.80%	8.36%	5.80%	5.41%	5.89%	6.33%
Profit Margin	6.50%	5.98%	3.59%	3.92%	2.96%	3.63%
Free Cash Flow Margin	8.59%	8.42%	3.31%	8.77%	4.21%	2.51%
EBITDA	455.14	457.59	358.17	333.14	314.52	299.19
EBITDA Margin	11.50%	10.92%	8.29%	7.97%	8.51%	9.31%
D&A For EBITDA	106.79	107.11	107.55	106.94	96.98	95.84
EBIT	348.35	350.47	250.62	226.2	217.54	203.35
EBIT Margin	8.80%	8.36%	5.80%	5.41%	5.89%	6.33%
Effective Tax Rate	13.14%	9.98%	8.79%	6.11%	5.60%	9.98%
Revenue as Reported	3,959	4,192	4,323	4,180	3,696	3,213
Advertising Expenses	-	2.17	2.44	3.14	3.24	2.65

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