SHE:000628 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	5,973	7,108	8,004	6,565	6,612	5,482
Other Revenue	19.53	19.53	4.47	5.78	-	51.13
Revenue	5,993	7,127	8,008	6,571	6,612	5,533
Revenue Growth (YoY)	-26.55%	-11.00%	21.88%	-0.62%	19.50%	67.12%
Cost of Revenue	5,451	6,515	7,379	6,013	6,078	4,962
Gross Profit	541.87	612.62	628.89	557.88	533.87	570.76
Selling, General & Admin	233.85	237.25	251.46	207.16	210.88	189.11
Research & Development	25.52	49.53	40.03	23.53	12.3	6.94
Other Operating Expenses	16.54	31.66	19.06	24.65	22.27	19.28
Operating Expenses	287.89	308.29	269.99	346.97	310.75	242.12
Operating Income	253.99	304.33	358.9	210.92	223.12	328.63
Interest Expense	-72.06	-83.04	-88.84	-72.81	-55.06	-47.82
Interest & Investment Income	32.45	13.09	271.54	98.68	71.42	65.03
Currency Exchange Gain (Loss)	0.19	0.19	-0.27	-	-	-
Other Non Operating Income (Expenses)	-0.6	-0.95	2.34	-2.7	-8.13	-11.98
EBT Excluding Unusual Items	213.97	233.62	543.68	234.08	231.34	333.86
Impairment of Goodwill	-105.36	-105.36	-3.02	-	-	-
Gain (Loss) on Sale of Investments	6.13	5.95	5.04	23.88	4.54	8.37
Gain (Loss) on Sale of Assets	0.37	16.91	0.02	0.03	0.02	1.75
Asset Writedown	-15.83	0.01	-0.05	-0	-0.02	-0.29
Other Unusual Items	4.19	4.19	9.42	3.44	-1.03	4.09
Pretax Income	103.47	155.31	555.09	261.42	234.83	347.78
Income Tax Expense	105.91	124.39	223.74	69.55	61.71	80.36
Earnings From Continuing Operations	-2.44	30.92	331.36	191.87	173.13	267.41
Minority Interest in Earnings	38.63	30.45	34.58	7.2	-9.78	-26.58
Net Income	36.19	61.37	365.94	199.07	163.35	240.84
Net Income to Common	36.19	61.37	365.94	199.07	163.35	240.84
Net Income Growth	-84.44%	-83.23%	83.82%	21.87%	-32.17%	130.33%
Shares Outstanding (Basic)	353	352	352	352	352	315
Shares Outstanding (Diluted)	353	352	352	352	352	315
Shares Change (YoY)	0.15%	0.02%	-0.04%	0.08%	11.82%	1.17%
EPS (Basic)	0.10	0.17	1.04	0.56	0.46	0.77
EPS (Diluted)	0.10	0.17	1.04	0.56	0.46	0.77
EPS Growth	-84.49%	-83.25%	83.89%	21.77%	-39.35%	127.68%
Free Cash Flow	418.01	-736.72	-827.19	83.09	395.44	147.46
Free Cash Flow Per Share	1.19	-2.09	-2.35	0.24	1.12	0.47
Dividend Per Share	0.055	0.055	0.152	0.025	0.030	0.117
Dividend Growth	-63.82%	-63.82%	508.00%	-16.67%	-74.36%	-
Gross Margin	9.04%	8.60%	7.85%	8.49%	8.08%	10.32%
Operating Margin	4.24%	4.27%	4.48%	3.21%	3.38%	5.94%
Profit Margin	0.60%	0.86%	4.57%	3.03%	2.47%	4.35%
Free Cash Flow Margin	6.98%	-10.34%	-10.33%	1.26%	5.98%	2.67%
EBITDA	323.83	365.85	409.34	249.81	250.08	351.78
EBITDA Margin	5.40%	5.13%	5.11%	3.80%	3.78%	6.36%
D&A For EBITDA	69.84	61.52	50.44	38.89	26.96	23.14
EBIT	253.99	304.33	358.9	210.92	223.12	328.63
EBIT Margin	4.24%	4.27%	4.48%	3.21%	3.37%	5.94%
Effective Tax Rate	102.36%	80.09%	40.31%	26.61%	26.28%	23.11%
Revenue as Reported	5,993	7,127	8,008	6,571	6,612	5,533
Advertising Expenses	-	0.65	2.22	-	-	-

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