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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Operating Revenue	13,242	12,909	10,127	8,945	8,070	6,313	Upgrade
Other Revenue	1,182	1,310	1,238	1,052	1,101	785.09	Upgrade
Revenue	14,424	14,219	11,364	9,998	9,171	7,098	Upgrade
Revenue Growth (YoY)	8.46%	25.12%	13.67%	9.02%	29.20%	10.85%	Upgrade
Cost of Revenue	11,587	11,480	9,246	8,600	7,859	6,170	Upgrade
Gross Profit	2,837	2,738	2,118	1,397	1,312	927.99	Upgrade
Selling, General & Admin	1,089	1,027	827.54	731.11	746.58	549.39	Upgrade
Research & Development	507.58	541.86	558.39	398.41	368.52	251.57	Upgrade
Other Operating Expenses	-19.88	-57	-49.76	10.21	3.88	16.9	Upgrade
Operating Expenses	1,718	1,646	1,364	1,204	1,153	828.57	Upgrade
Operating Income	1,118	1,092	753.85	193.56	159.19	99.42	Upgrade
Interest Expense	-79.85	-67.37	-73.15	-28.55	-56.56	-81.07	Upgrade
Interest & Investment Income	137.3	135.89	105.96	375.93	108.95	120.33	Upgrade
Currency Exchange Gain (Loss)	40.66	39.14	1.62	59.92	-23.7	-49.65	Upgrade
Other Non Operating Income (Expenses)	-24.65	-27.6	-15.34	1.75	-15.51	-2.91	Upgrade
EBT Excluding Unusual Items	1,192	1,172	772.95	602.62	172.36	86.12	Upgrade
Impairment of Goodwill	-	-	-	-	-1.55	-	Upgrade
Gain (Loss) on Sale of Investments	-4.63	-5.57	1.51	-0.07	0.24	-	Upgrade
Gain (Loss) on Sale of Assets	-1.14	-2.51	7.36	66.88	-32.72	0.38	Upgrade
Asset Writedown	0.53	-0.36	-7.07	-8.83	-0.63	-0.54	Upgrade
Other Unusual Items	45.89	37.06	50.24	47.4	24.16	19.19	Upgrade
Pretax Income	1,232	1,201	825	708	161.86	105.16	Upgrade
Income Tax Expense	82.87	96.54	38.62	71.73	-2.2	-0.08	Upgrade
Earnings From Continuing Operations	1,150	1,105	786.38	636.28	164.06	105.24	Upgrade
Minority Interest in Earnings	-1.38	-2.26	-3.08	-4.54	-1.47	-4.49	Upgrade
Net Income	1,148	1,102	783.3	631.74	162.59	100.75	Upgrade
Net Income to Common	1,148	1,102	783.3	631.74	162.59	100.75	Upgrade
Net Income Growth	14.41%	40.72%	23.99%	288.55%	61.37%	77.87%	Upgrade
Shares Outstanding (Basic)	1,500	1,500	1,501	1,502	1,415	1,241	Upgrade
Shares Outstanding (Diluted)	1,500	1,500	1,501	1,502	1,415	1,241	Upgrade
Shares Change (YoY)	-0.05%	-0.04%	-0.03%	6.12%	14.04%	0.11%	Upgrade
EPS (Basic)	0.77	0.73	0.52	0.42	0.11	0.08	Upgrade
EPS (Diluted)	0.77	0.73	0.52	0.42	0.11	0.08	Upgrade
EPS Growth	14.47%	40.78%	24.03%	266.14%	41.50%	77.68%	Upgrade
Free Cash Flow	417.97	465.66	308.7	279.8	357.6	572.32	Upgrade
Free Cash Flow Per Share	0.28	0.31	0.21	0.19	0.25	0.46	Upgrade
Dividend Per Share	0.125	0.090	0.150	0.076	0.025	-	Upgrade
Dividend Growth	-16.67%	-40.00%	97.37%	204.00%	-	-	Upgrade
Gross Margin	19.67%	19.26%	18.64%	13.98%	14.31%	13.07%	Upgrade
Operating Margin	7.75%	7.68%	6.63%	1.94%	1.74%	1.40%	Upgrade
Profit Margin	7.96%	7.75%	6.89%	6.32%	1.77%	1.42%	Upgrade
Free Cash Flow Margin	2.90%	3.28%	2.72%	2.80%	3.90%	8.06%	Upgrade
EBITDA	1,400	1,342	995.79	377.98	360.15	287.67	Upgrade
EBITDA Margin	9.71%	9.44%	8.76%	3.78%	3.93%	4.05%	Upgrade
D&A For EBITDA	281.77	249.66	241.93	184.42	200.97	188.25	Upgrade
EBIT	1,118	1,092	753.85	193.56	159.19	99.42	Upgrade
EBIT Margin	7.75%	7.68%	6.63%	1.94%	1.74%	1.40%	Upgrade
Effective Tax Rate	6.72%	8.04%	4.68%	10.13%	-	-	Upgrade
Revenue as Reported	14,424	14,219	11,364	9,998	-	-	Upgrade
Advertising Expenses	-	59.26	30.73	16.88	13.51	27.06	Upgrade

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