SHE:000700 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	6,896	7,038	8,549	7,502	7,215	5,988
Other Revenue	98.4	98.4	172.82	161.97	175.2	136.42
Revenue	6,994	7,136	8,722	7,664	7,390	6,124
Revenue Growth (YoY)	-10.92%	-18.18%	13.80%	3.70%	20.66%	11.57%
Cost of Revenue	5,764	5,939	7,270	6,346	6,150	5,088
Gross Profit	1,230	1,198	1,451	1,317	1,240	1,037
Selling, General & Admin	664.32	741.06	714.78	678.99	772.45	719.08
Research & Development	221.31	224.9	244.49	213.51	274.98	210.92
Other Operating Expenses	21.88	18.62	16.54	45.55	50.64	52.12
Operating Expenses	954.41	1,026	1,005	966.63	1,109	1,008
Operating Income	275.81	171.39	446.61	350.76	131.2	29.05
Interest Expense	-75.34	-108.49	-141.95	-159.36	-157.45	-155.31
Interest & Investment Income	239.41	275.44	245.86	261.56	4.15	225.09
Currency Exchange Gain (Loss)	165.96	165.96	-59.37	-9.03	-0.76	-27.13
Other Non Operating Income (Expenses)	-205.1	-4.38	-11.32	-5.98	-4.17	-4.35
EBT Excluding Unusual Items	400.74	499.93	479.83	437.93	-27.03	67.35
Gain (Loss) on Sale of Investments	76.72	133.96	-28.11	74.81	-110.74	-59.51
Gain (Loss) on Sale of Assets	6.15	-4.09	-2.65	2.82	-54.13	0.78
Asset Writedown	7.99	-1.81	-	-	-14.2	-
Other Unusual Items	12.37	13.71	10.55	23.57	40.52	30.35
Pretax Income	503.97	641.7	459.63	539.14	-165.58	38.97
Income Tax Expense	43.25	18.21	6.15	36.3	30.78	22.37
Earnings From Continuing Operations	460.72	623.5	453.48	502.84	-196.36	16.61
Minority Interest in Earnings	1.58	2.82	-4.37	-4.83	0.52	2.85
Net Income	462.3	626.32	449.1	498.01	-195.83	19.46
Net Income to Common	462.3	626.32	449.1	498.01	-195.83	19.46
Net Income Growth	-19.62%	39.46%	-9.82%	-	-	-78.16%
Shares Outstanding (Basic)	917	918	918	917	915	927
Shares Outstanding (Diluted)	917	918	918	926	915	927
Shares Change (YoY)	-0.16%	-0.01%	-0.78%	1.15%	-1.24%	12.30%
EPS (Basic)	0.50	0.68	0.49	0.54	-0.21	0.02
EPS (Diluted)	0.50	0.68	0.49	0.54	-0.21	0.02
EPS Growth	-19.50%	39.47%	-9.11%	-	-	-80.56%
Free Cash Flow	580.45	904.6	744.49	579.8	63.82	-266.59
Free Cash Flow Per Share	0.63	0.98	0.81	0.63	0.07	-0.29
Dividend Per Share	0.327	0.326	0.217	-	-	0.218
Dividend Growth	0.24%	50.23%	-	-	-	67.69%
Gross Margin	17.59%	16.78%	16.64%	17.19%	16.78%	16.93%
Operating Margin	3.94%	2.40%	5.12%	4.58%	1.77%	0.47%
Profit Margin	6.61%	8.78%	5.15%	6.50%	-2.65%	0.32%
Free Cash Flow Margin	8.30%	12.68%	8.54%	7.57%	0.86%	-4.35%
EBITDA	644.46	551.44	841.88	692.19	487.93	399.48
EBITDA Margin	9.21%	7.73%	9.65%	9.03%	6.60%	6.52%
D&A For EBITDA	368.64	380.05	395.26	341.44	356.74	370.42
EBIT	275.81	171.39	446.61	350.76	131.2	29.05
EBIT Margin	3.94%	2.40%	5.12%	4.58%	1.77%	0.47%
Effective Tax Rate	8.58%	2.84%	1.34%	6.73%	-	57.39%
Revenue as Reported	6,994	7,136	8,722	7,664	7,390	6,124
Advertising Expenses	-	2.12	1.31	1.48	0.66	0.31

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