SHE:000786 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	25,235	25,693	22,295	20,031	20,966	16,762
Other Revenue	127.69	127.69	130.88	124.07	125.67	85.86
Revenue	25,363	25,821	22,426	20,155	21,091	16,848
Revenue Growth (YoY)	-1.47%	15.14%	11.27%	-4.44%	25.18%	26.46%
Cost of Revenue	18,027	18,121	15,736	14,296	14,397	11,191
Gross Profit	7,336	7,700	6,690	5,858	6,695	5,657
Selling, General & Admin	2,720	2,556	1,754	1,791	1,783	1,433
Research & Development	1,041	1,058	951.51	862.37	874.6	677.1
Other Operating Expenses	158.24	124.01	122.95	178.4	220.11	184.6
Operating Expenses	3,981	3,740	2,848	2,908	2,882	2,334
Operating Income	3,355	3,960	3,842	2,951	3,813	3,323
Interest Expense	-53.25	-92.3	-90.08	-110.28	-96.55	-93.94
Interest & Investment Income	49.2	82.46	80.77	38.31	17.64	41.95
Currency Exchange Gain (Loss)	0.38	0.38	-1.07	-5.07	2.41	9.29
Other Non Operating Income (Expenses)	37.35	7.84	-12.01	-27.1	-44.99	-43.88
EBT Excluding Unusual Items	3,389	3,959	3,820	2,846	3,691	3,237
Impairment of Goodwill	-32.2	-32.2	-6.49	-51.35	-	-
Gain (Loss) on Sale of Investments	-27.65	-34.64	-4.33	-5.06	-4.45	-18.4
Gain (Loss) on Sale of Assets	3.59	3.78	0.21	477.52	3.16	-1.12
Asset Writedown	-10.02	-14.51	-85.15	-42.45	-28.58	-7.35
Other Unusual Items	71.05	69.13	44.35	71.5	135.3	133
Pretax Income	3,394	3,950	3,768	3,297	3,797	3,343
Income Tax Expense	210.67	224.18	213.78	144.82	242.28	317.26
Earnings From Continuing Operations	3,183	3,726	3,555	3,152	3,554	3,026
Minority Interest in Earnings	-94.86	-79.06	-30.71	-7.3	-41.71	-164.15
Net Income	3,088	3,647	3,524	3,144	3,513	2,861
Net Income to Common	3,088	3,647	3,524	3,144	3,513	2,861
Net Income Growth	-21.08%	3.49%	12.07%	-10.48%	22.76%	548.64%
Shares Outstanding (Basic)	1,689	1,689	1,689	1,690	1,690	1,689
Shares Outstanding (Diluted)	1,689	1,689	1,689	1,690	1,690	1,689
Shares Change (YoY)	0.03%	-0.01%	-0.02%	0.00%	0.03%	-0.06%
EPS (Basic)	1.83	2.16	2.09	1.86	2.08	1.69
EPS (Diluted)	1.83	2.16	2.09	1.86	2.08	1.69
EPS Growth	-21.10%	3.50%	12.09%	-10.49%	22.73%	549.04%
Free Cash Flow	2,690	3,940	3,572	2,224	2,203	467.96
Free Cash Flow Per Share	1.59	2.33	2.11	1.32	1.30	0.28
Dividend Per Share	0.865	0.865	0.835	0.655	0.655	0.550
Dividend Growth	3.59%	3.59%	27.48%	-	19.09%	570.73%
Gross Margin	28.92%	29.82%	29.83%	29.07%	31.74%	33.58%
Operating Margin	13.23%	15.34%	17.13%	14.64%	18.08%	19.73%
Profit Margin	12.18%	14.12%	15.71%	15.60%	16.66%	16.98%
Free Cash Flow Margin	10.61%	15.26%	15.93%	11.03%	10.45%	2.78%
EBITDA	4,521	4,982	4,671	3,725	4,520	3,911
EBITDA Margin	17.83%	19.29%	20.83%	18.48%	21.43%	23.21%
D&A For EBITDA	1,166	1,021	828.65	774.07	706.89	588.07
EBIT	3,355	3,960	3,842	2,951	3,813	3,323
EBIT Margin	13.23%	15.34%	17.13%	14.64%	18.08%	19.73%
Effective Tax Rate	6.21%	5.67%	5.67%	4.39%	6.38%	9.49%
Revenue as Reported	25,363	25,821	22,426	20,155	21,091	16,848
Advertising Expenses	-	208.64	113.8	92.62	113.39	83.13

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