SHE:000811 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	6,422	6,543	7,218	5,509	5,065	3,804
Other Revenue	92.02	92.02	276.89	592.23	318.64	239.4
Revenue	6,514	6,635	7,495	6,102	5,383	4,044
Revenue Growth (YoY)	-5.24%	-11.48%	22.84%	13.34%	33.14%	5.83%
Cost of Revenue	4,673	4,814	5,625	4,744	4,220	2,987
Gross Profit	1,840	1,821	1,870	1,358	1,164	1,057
Selling, General & Admin	963.55	976.88	973.54	807.92	673.44	680.16
Research & Development	256.28	255.21	285.48	225.79	188.65	169.87
Other Operating Expenses	13.44	-19.29	19.99	28.11	25.14	32.58
Operating Expenses	1,255	1,270	1,322	1,106	906.01	885.16
Operating Income	585.21	550.76	547.45	251.86	257.74	171.42
Interest Expense	-27.05	-32.57	-36.86	-38.44	-38.73	-42.43
Interest & Investment Income	145	159.34	190.73	181.87	99.71	94.5
Currency Exchange Gain (Loss)	14.4	14.4	4.47	47.45	-6.4	-20.96
Other Non Operating Income (Expenses)	-7.74	-5.75	-2.39	-10.06	-13.97	-5.96
EBT Excluding Unusual Items	709.83	686.19	703.4	432.68	298.35	196.57
Impairment of Goodwill	-2.53	-2.53	-	-	-	-
Gain (Loss) on Sale of Investments	26.89	29.99	7.8	-10.88	10.15	6.22
Gain (Loss) on Sale of Assets	0.12	-0.12	-0.42	0.84	-0.71	7.24
Asset Writedown	-0.49	-0.02	-0	-0.27	-0.8	-0.21
Other Unusual Items	59.56	59.56	26.23	40.01	39.83	53.54
Pretax Income	793.38	773.06	737.01	462.38	346.82	263.36
Income Tax Expense	144.88	105.61	62.62	39.69	32.76	30.93
Earnings From Continuing Operations	648.51	667.45	674.39	422.69	314.06	232.43
Minority Interest in Earnings	-66.29	-39.36	-14.9	3.12	-13.21	-9.92
Net Income	582.21	628.09	659.49	425.82	300.85	222.51
Net Income to Common	582.21	628.09	659.49	425.82	300.85	222.51
Net Income Growth	2.88%	-4.76%	54.88%	41.54%	35.20%	-51.10%
Shares Outstanding (Basic)	1,017	996	974	971	978	964
Shares Outstanding (Diluted)	1,017	996	974	971	978	964
Shares Change (YoY)	6.83%	2.20%	0.33%	-0.68%	1.41%	10.83%
EPS (Basic)	0.57	0.63	0.68	0.44	0.31	0.23
EPS (Diluted)	0.57	0.63	0.68	0.44	0.31	0.23
EPS Growth	-3.69%	-6.81%	54.37%	42.51%	33.32%	-55.88%
Free Cash Flow	661.45	602.19	155.31	348.96	255.6	341.6
Free Cash Flow Per Share	0.65	0.60	0.16	0.36	0.26	0.35
Dividend Per Share	0.115	0.192	0.077	0.154	0.154	0.038
Dividend Growth	-24.97%	150.06%	-50.00%	-	299.48%	-
Gross Margin	28.25%	27.44%	24.95%	22.25%	21.62%	26.13%
Operating Margin	8.98%	8.30%	7.30%	4.13%	4.79%	4.24%
Profit Margin	8.94%	9.47%	8.80%	6.98%	5.59%	5.50%
Free Cash Flow Margin	10.15%	9.08%	2.07%	5.72%	4.75%	8.45%
EBITDA	725.13	690.54	687.06	385.03	396.58	271.2
EBITDA Margin	11.13%	10.41%	9.17%	6.31%	7.37%	6.71%
D&A For EBITDA	139.92	139.78	139.61	133.18	138.85	99.78
EBIT	585.21	550.76	547.45	251.86	257.74	171.42
EBIT Margin	8.98%	8.30%	7.30%	4.13%	4.79%	4.24%
Effective Tax Rate	18.26%	13.66%	8.50%	8.58%	9.45%	11.74%
Revenue as Reported	6,514	6,635	7,495	6,102	5,383	-
Advertising Expenses	-	14.71	14.59	11.64	13.6	12.16

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