SHE:000657 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	15,887	14,380	13,371	12,850	11,898	9,526
Other Revenue	362.61	362.61	304.63	230	195.34	393.68
Revenue	16,249	14,743	13,675	13,080	12,094	9,919
Revenue Growth (YoY)	5.68%	7.80%	4.55%	8.16%	21.92%	12.55%
Cost of Revenue	12,658	11,574	10,841	10,882	9,940	8,252
Gross Profit	3,591	3,169	2,835	2,198	2,154	1,668
Selling, General & Admin	1,233	1,177	1,119	980.47	850.8	816.92
Research & Development	756.99	694.04	608.74	415	412.08	366.81
Other Operating Expenses	186.69	156.9	17.88	82.01	76.35	63.64
Operating Expenses	2,178	2,045	1,753	1,483	1,339	1,281
Operating Income	1,413	1,124	1,082	715.02	814.69	386.45
Interest Expense	-104.46	-103.16	-103.03	-94.51	-105.2	-104.44
Interest & Investment Income	10.99	9.42	7.03	3.87	3.83	8.41
Currency Exchange Gain (Loss)	11.35	11.35	41.86	63.16	-9.55	-24.58
Other Non Operating Income (Expenses)	0.73	-0.8	4.61	-8.6	-8.58	4.08
EBT Excluding Unusual Items	1,332	1,041	1,032	678.95	695.2	269.92
Gain (Loss) on Sale of Investments	-18.26	-4.08	-20.86	-28.98	-3.79	-
Gain (Loss) on Sale of Assets	4.79	2.38	116.27	-1.26	-4.36	2.2
Asset Writedown	-81.64	-13.26	-118.2	-0.89	-13.05	-9.88
Other Unusual Items	150.4	150.4	7.88	85.28	51.03	74.73
Pretax Income	1,387	1,176	1,017	733.1	725.04	336.97
Income Tax Expense	193.86	143.09	107.7	72.31	86.46	40.48
Earnings From Continuing Operations	1,193	1,033	909.77	660.79	638.58	296.49
Minority Interest in Earnings	-123.26	-93.67	-110.02	-126.18	-110.99	-75.38
Net Income	1,070	939.45	799.75	534.61	527.58	221.11
Net Income to Common	1,070	939.45	799.75	534.61	527.58	221.11
Net Income Growth	-10.79%	17.47%	49.60%	1.33%	138.60%	78.30%
Shares Outstanding (Basic)	2,195	2,088	2,051	1,407	1,429	1,250
Shares Outstanding (Diluted)	2,195	2,088	2,051	1,407	1,429	1,250
Shares Change (YoY)	-14.10%	1.80%	45.76%	-1.55%	14.33%	8.55%
EPS (Basic)	0.49	0.45	0.39	0.38	0.37	0.18
EPS (Diluted)	0.49	0.45	0.39	0.38	0.37	0.18
EPS Growth	3.86%	15.38%	2.63%	2.93%	108.71%	64.25%
Free Cash Flow	104.97	45.55	152.07	184.55	371.31	-738.56
Free Cash Flow Per Share	0.05	0.02	0.07	0.13	0.26	-0.59
Dividend Per Share	0.160	0.160	0.250	0.100	-	-
Dividend Growth	23.08%	-36.00%	150.00%	-	-	-
Gross Margin	22.10%	21.50%	20.73%	16.80%	17.81%	16.81%
Operating Margin	8.70%	7.62%	7.91%	5.47%	6.74%	3.90%
Profit Margin	6.59%	6.37%	5.85%	4.09%	4.36%	2.23%
Free Cash Flow Margin	0.65%	0.31%	1.11%	1.41%	3.07%	-7.45%
EBITDA	2,188	1,826	1,687	1,164	1,274	827.12
EBITDA Margin	13.47%	12.39%	12.33%	8.90%	10.53%	8.34%
D&A For EBITDA	775.2	702.21	604.88	449.47	458.81	440.67
EBIT	1,413	1,124	1,082	715.02	814.69	386.45
EBIT Margin	8.70%	7.62%	7.91%	5.47%	6.74%	3.90%
Effective Tax Rate	13.98%	12.17%	10.59%	9.86%	11.92%	12.01%
Revenue as Reported	16,249	14,743	13,675	13,080	12,094	9,919
Advertising Expenses	-	26.96	16.07	17.78	15.62	13.18

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