SHE:000680 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	13,150	12,909	10,127	8,945	8,070	6,313
Other Revenue	1,310	1,310	1,238	1,052	1,101	785.09
Revenue	14,460	14,219	11,364	9,998	9,171	7,098
Revenue Growth (YoY)	2.69%	25.12%	13.67%	9.02%	29.20%	10.85%
Cost of Revenue	11,509	11,480	9,246	8,600	7,859	6,170
Gross Profit	2,951	2,738	2,118	1,397	1,312	927.99
Selling, General & Admin	1,083	1,027	827.54	731.11	746.58	549.39
Research & Development	494.36	541.86	558.39	398.41	368.52	251.57
Other Operating Expenses	14.29	-57	-49.76	10.21	3.88	16.9
Operating Expenses	1,726	1,646	1,364	1,204	1,153	828.57
Operating Income	1,225	1,092	753.85	193.56	159.19	99.42
Interest Expense	-81.65	-67.37	-73.15	-28.55	-56.56	-81.07
Interest & Investment Income	137.27	135.89	105.96	375.93	108.95	120.33
Currency Exchange Gain (Loss)	39.14	39.14	1.62	59.92	-23.7	-49.65
Other Non Operating Income (Expenses)	-15.32	-27.6	-15.34	1.75	-15.51	-2.91
EBT Excluding Unusual Items	1,304	1,172	772.95	602.62	172.36	86.12
Impairment of Goodwill	-	-	-	-	-1.55	-
Gain (Loss) on Sale of Investments	-6.41	-5.57	1.51	-0.07	0.24	-
Gain (Loss) on Sale of Assets	0.15	-2.51	7.36	66.88	-32.72	0.38
Asset Writedown	-47.42	-0.36	-7.07	-8.83	-0.63	-0.54
Other Unusual Items	51.58	37.06	50.24	47.4	24.16	19.19
Pretax Income	1,302	1,201	825	708	161.86	105.16
Income Tax Expense	85.32	96.54	38.62	71.73	-2.2	-0.08
Earnings From Continuing Operations	1,217	1,105	786.38	636.28	164.06	105.24
Minority Interest in Earnings	-1.12	-2.26	-3.08	-4.54	-1.47	-4.49
Net Income	1,216	1,102	783.3	631.74	162.59	100.75
Net Income to Common	1,216	1,102	783.3	631.74	162.59	100.75
Net Income Growth	20.90%	40.72%	23.99%	288.55%	61.37%	77.87%
Shares Outstanding (Basic)	1,499	1,500	1,501	1,502	1,415	1,241
Shares Outstanding (Diluted)	1,499	1,500	1,501	1,502	1,415	1,241
Shares Change (YoY)	-0.14%	-0.04%	-0.03%	6.12%	14.04%	0.11%
EPS (Basic)	0.81	0.73	0.52	0.42	0.11	0.08
EPS (Diluted)	0.81	0.73	0.52	0.42	0.11	0.08
EPS Growth	21.07%	40.78%	24.03%	266.14%	41.50%	77.68%
Free Cash Flow	275.49	465.66	308.7	279.8	357.6	572.32
Free Cash Flow Per Share	0.18	0.31	0.21	0.19	0.25	0.46
Dividend Per Share	0.060	0.090	0.150	0.076	0.025	-
Dividend Growth	-66.67%	-40.00%	97.37%	204.00%	-	-
Gross Margin	20.41%	19.26%	18.64%	13.98%	14.31%	13.07%
Operating Margin	8.47%	7.68%	6.63%	1.94%	1.74%	1.40%
Profit Margin	8.41%	7.75%	6.89%	6.32%	1.77%	1.42%
Free Cash Flow Margin	1.91%	3.28%	2.72%	2.80%	3.90%	8.06%
EBITDA	1,480	1,342	995.79	377.98	360.15	287.67
EBITDA Margin	10.24%	9.44%	8.76%	3.78%	3.93%	4.05%
D&A For EBITDA	255.46	249.66	241.93	184.42	200.97	188.25
EBIT	1,225	1,092	753.85	193.56	159.19	99.42
EBIT Margin	8.47%	7.68%	6.63%	1.94%	1.74%	1.40%
Effective Tax Rate	6.55%	8.04%	4.68%	10.13%	-	-
Revenue as Reported	14,460	14,219	11,364	9,998	-	-
Advertising Expenses	-	59.26	30.73	16.88	13.51	27.06

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