SHE:000672 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	5,209	5,426	6,380	7,110	8,304	6,413
Other Revenue	22.6	22.6	16.75	24.84	10.54	19.75
Revenue	5,231	5,448	6,397	7,135	8,315	6,432
Revenue Growth (YoY)	-1.95%	-14.83%	-10.34%	-14.19%	29.26%	-13.22%
Cost of Revenue	3,763	4,036	4,681	4,736	4,692	3,306
Gross Profit	1,468	1,413	1,716	2,399	3,623	3,126
Selling, General & Admin	579.57	648.78	798.56	718.72	611.59	512.23
Research & Development	99.52	125.89	147.64	202.68	180.66	72.06
Other Operating Expenses	0.34	-16.38	-2.48	22.79	40.32	-13.2
Operating Expenses	804.06	763.71	944.44	941.54	830.78	578.89
Operating Income	664	649.07	771.77	1,457	2,792	2,547
Interest Expense	-258.9	-185.28	-156.08	-114.86	-119.39	-67.31
Interest & Investment Income	185.27	135.87	160.5	162.37	231.16	272.7
Currency Exchange Gain (Loss)	7.74	7.74	-3.59	11.47	-6.73	-38.01
Other Non Operating Income (Expenses)	54.49	-8.67	-6.89	-13.04	-6.79	-3.68
EBT Excluding Unusual Items	652.61	598.74	765.71	1,503	2,890	2,711
Merger & Restructuring Charges	-	-	-	-	-50.89	-
Impairment of Goodwill	-	-	-3.16	-1.81	-1.59	-1
Gain (Loss) on Sale of Investments	202.05	145.56	158.8	-263.7	-91.54	-13.51
Gain (Loss) on Sale of Assets	59.39	-0.15	0.14	0.05	2.04	6.36
Asset Writedown	1.71	-0.43	-1.31	-0.45	-0.28	-0.26
Other Unusual Items	22.27	12.68	12.28	5.63	24.92	16.21
Pretax Income	938.03	756.41	932.46	1,243	2,773	2,718
Income Tax Expense	172.71	164.45	231.08	283.84	521.2	671.72
Earnings From Continuing Operations	765.32	591.95	701.38	959.24	2,252	2,047
Minority Interest in Earnings	-14.29	35.5	42.91	-10.37	-76.55	-20.87
Net Income	751.03	627.45	744.29	948.87	2,175	2,026
Net Income to Common	751.03	627.45	744.29	948.87	2,175	2,026
Net Income Growth	67.58%	-15.70%	-21.56%	-56.38%	7.37%	-13.11%
Shares Outstanding (Basic)	959	948	953	958	958	957
Shares Outstanding (Diluted)	959	948	953	958	962	961
Shares Change (YoY)	1.46%	-0.52%	-0.60%	-0.43%	0.16%	0.63%
EPS (Basic)	0.78	0.66	0.78	0.99	2.27	2.12
EPS (Diluted)	0.78	0.66	0.78	0.99	2.26	2.11
EPS Growth	65.18%	-15.26%	-21.09%	-56.19%	7.20%	-13.65%
Free Cash Flow	959.1	793.87	201.66	-89.18	1,724	1,155
Free Cash Flow Per Share	1.00	0.84	0.21	-0.09	1.79	1.20
Dividend Per Share	0.630	0.630	0.400	0.350	0.667	0.708
Dividend Growth	57.50%	57.50%	14.29%	-47.50%	-5.87%	-5.56%
Gross Margin	28.06%	25.93%	26.83%	33.62%	43.57%	48.60%
Operating Margin	12.69%	11.91%	12.06%	20.43%	33.58%	39.60%
Profit Margin	14.36%	11.52%	11.63%	13.30%	26.16%	31.50%
Free Cash Flow Margin	18.33%	14.57%	3.15%	-1.25%	20.74%	17.95%
EBITDA	1,353	1,308	1,390	1,979	3,332	2,984
EBITDA Margin	25.86%	24.00%	21.73%	27.74%	40.08%	46.39%
D&A For EBITDA	688.93	658.67	618.31	521.73	540.12	437.08
EBIT	664	649.07	771.77	1,457	2,792	2,547
EBIT Margin	12.69%	11.91%	12.06%	20.43%	33.58%	39.60%
Effective Tax Rate	18.41%	21.74%	24.78%	22.83%	18.80%	24.71%
Revenue as Reported	5,231	5,448	6,397	7,135	8,315	6,432
Advertising Expenses	-	-	-	1.32	0.87	-

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