SHE:000651 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021	Jan '21 Jan 1, 2021
Operating Revenue	160,173	169,715	174,565	153,166	144,841	130,430
Other Revenue	19,448	19,448	29,414	35,823	43,028	37,771
Revenue	179,621	189,164	203,979	188,988	187,869	168,201
Revenue Growth (YoY)	-8.21%	-7.26%	7.93%	0.60%	11.69%	-15.12%
Cost of Revenue	127,807	133,638	146,028	140,378	142,695	124,333
Gross Profit	51,815	55,526	57,951	48,610	45,174	43,869
Selling, General & Admin	14,180	15,816	21,349	16,559	15,638	16,652
Research & Development	7,173	6,904	6,762	6,281	6,297	6,053
Other Operating Expenses	1,216	991.6	1,971	1,594	1,051	941.25
Operating Expenses	22,118	23,996	30,930	24,981	23,193	23,692
Operating Income	29,697	31,530	27,021	23,629	21,981	20,177
Interest Expense	-2,135	-2,537	-3,089	-2,919	-2,275	-1,393
Interest & Investment Income	7,228	7,434	7,446	5,896	6,550	6,717
Currency Exchange Gain (Loss)	-250.08	-250.08	373	500.02	-99.2	-598.7
Other Non Operating Income (Expenses)	580.31	-65.28	-69.07	-98.02	-125.8	-78.9
EBT Excluding Unusual Items	35,121	36,111	31,682	27,008	26,030	24,824
Impairment of Goodwill	-266.7	-266.7	-206.86	-246.57	-107.05	-124.02
Gain (Loss) on Sale of Investments	-326.55	-273.98	437.58	-343.58	-58.13	200.15
Gain (Loss) on Sale of Assets	67.19	16.97	382.92	0.61	6.21	2.95
Asset Writedown	-153.33	-635.25	-240.09	-49.84	-16.02	-7.92
Other Unusual Items	1,944	1,944	759.97	848.4	947.98	1,414
Pretax Income	36,385	36,896	32,816	27,217	26,803	26,309
Income Tax Expense	3,652	4,525	5,097	4,206	3,971	4,030
Earnings From Continuing Operations	32,733	32,371	27,719	23,011	22,832	22,279
Net Income to Company	32,733	32,371	27,719	23,011	22,832	22,279
Minority Interest in Earnings	-1,048	-186.5	1,298	1,495	231.84	-104.13
Net Income	31,685	32,185	29,017	24,507	23,064	22,175
Net Income to Common	31,685	32,185	29,017	24,507	23,064	22,175
Net Income Growth	2.59%	10.91%	18.41%	6.26%	4.01%	-10.21%
Shares Outstanding (Basic)	5,552	5,521	5,559	5,532	5,709	5,984
Shares Outstanding (Diluted)	5,552	5,521	5,559	5,532	5,709	5,984
Shares Change (YoY)	1.17%	-0.69%	0.49%	-3.10%	-4.59%	-0.42%
EPS (Basic)	5.71	5.83	5.22	4.43	4.04	3.71
EPS (Diluted)	5.71	5.83	5.22	4.43	4.04	3.71
EPS Growth	1.40%	11.69%	17.83%	9.65%	9.02%	-9.83%
Free Cash Flow	60,490	26,069	50,973	22,632	-3,833	14,710
Free Cash Flow Per Share	10.89	4.72	9.17	4.09	-0.67	2.46
Dividend Per Share	3.000	3.000	2.380	2.000	3.000	4.000
Dividend Growth	-11.24%	26.05%	19.00%	-33.33%	-25.00%	233.33%
Gross Margin	28.85%	29.35%	28.41%	25.72%	24.05%	26.08%
Operating Margin	16.53%	16.67%	13.25%	12.50%	11.70%	12.00%
Profit Margin	17.64%	17.01%	14.23%	12.97%	12.28%	13.18%
Free Cash Flow Margin	33.68%	13.78%	24.99%	11.97%	-2.04%	8.74%
EBITDA	34,741	36,676	32,304	28,599	25,625	23,765
EBITDA Margin	19.34%	19.39%	15.84%	15.13%	13.64%	14.13%
D&A For EBITDA	5,044	5,147	5,283	4,970	3,644	3,589
EBIT	29,697	31,530	27,021	23,629	21,981	20,177
EBIT Margin	16.53%	16.67%	13.25%	12.50%	11.70%	12.00%
Effective Tax Rate	10.04%	12.26%	15.53%	15.45%	14.82%	15.32%
Revenue as Reported	180,276	190,038	205,018	190,151	189,654	170,497

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