SHE:000829 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	80,174	83,988	94,794	76,397	70,961	59,737
Other Revenue	50.06	50.06	31.26	29.96	38.84	46.79
Revenue	80,224	84,038	94,825	76,427	71,000	59,784
Revenue Growth (YoY)	-15.47%	-11.38%	24.07%	7.64%	18.76%	12.92%
Cost of Revenue	77,623	81,612	92,207	73,770	68,676	58,082
Gross Profit	2,601	2,426	2,618	2,657	2,323	1,702
Selling, General & Admin	1,930	1,666	1,731	1,737	1,489	1,243
Research & Development	82.31	76.82	78.28	74.04	86.72	82.93
Other Operating Expenses	88.12	95.35	78.54	38.87	46.42	48.07
Operating Expenses	2,122	1,846	1,880	1,919	1,630	1,344
Operating Income	479.04	579.79	737.99	737.85	693.1	358.36
Interest Expense	-467.53	-622.88	-656.4	-567.75	-349.95	-247.38
Interest & Investment Income	40.44	66.8	83.24	57.71	37.95	168.27
Currency Exchange Gain (Loss)	5.25	5.25	16.12	29.78	-7.87	-26.72
Other Non Operating Income (Expenses)	-85.08	-38.86	-42.38	-53.76	-32.91	18.04
EBT Excluding Unusual Items	-27.89	-9.9	138.56	203.83	340.33	270.57
Impairment of Goodwill	-	-	-	-	-45.99	-57.55
Gain (Loss) on Sale of Investments	22.49	93.71	-41.91	-6.49	-7.06	-
Gain (Loss) on Sale of Assets	0.05	0.09	-0.12	0.28	-0.06	-
Asset Writedown	-31.33	-0.18	-0.38	-0.15	-0.12	-0.29
Other Unusual Items	87.57	49.42	64.76	0.91	19.13	-4.89
Pretax Income	50.89	133.14	160.92	198.39	306.22	207.84
Income Tax Expense	66.35	74.78	57.67	74.8	109.01	24.98
Earnings From Continuing Operations	-15.46	58.37	103.25	123.59	197.2	182.86
Minority Interest in Earnings	-31.25	-27.18	-19.59	-12.67	9.62	3.24
Net Income	-46.71	31.18	83.66	110.92	206.82	186.09
Net Income to Common	-46.71	31.18	83.66	110.92	206.82	186.09
Net Income Growth	-	-62.72%	-24.58%	-46.37%	11.14%	267.14%
Shares Outstanding (Basic)	1,025	1,026	1,025	1,025	1,034	1,034
Shares Outstanding (Diluted)	1,025	1,026	1,025	1,025	1,034	1,034
Shares Change (YoY)	-0.02%	0.06%	0.01%	-0.87%	0.03%	1.98%
EPS (Basic)	-0.05	0.03	0.08	0.11	0.20	0.18
EPS (Diluted)	-0.05	0.03	0.08	0.11	0.20	0.18
EPS Growth	-	-62.74%	-24.58%	-45.90%	11.11%	260.00%
Free Cash Flow	-330.56	-640.01	3,516	-4,319	-4,314	1,301
Free Cash Flow Per Share	-0.32	-0.62	3.43	-4.21	-4.17	1.26
Dividend Per Share	0.010	0.010	0.025	0.032	0.061	0.055
Dividend Growth	-60.00%	-60.00%	-21.88%	-47.54%	10.91%	83.33%
Gross Margin	3.24%	2.89%	2.76%	3.48%	3.27%	2.85%
Operating Margin	0.60%	0.69%	0.78%	0.97%	0.98%	0.60%
Profit Margin	-0.06%	0.04%	0.09%	0.14%	0.29%	0.31%
Free Cash Flow Margin	-0.41%	-0.76%	3.71%	-5.65%	-6.08%	2.18%
EBITDA	491.36	618.29	811.41	823.09	779.87	444.83
EBITDA Margin	0.61%	0.74%	0.86%	1.08%	1.10%	0.74%
D&A For EBITDA	12.32	38.5	73.42	85.24	86.78	86.47
EBIT	479.04	579.79	737.99	737.85	693.1	358.36
EBIT Margin	0.60%	0.69%	0.78%	0.97%	0.98%	0.60%
Effective Tax Rate	130.38%	56.16%	35.84%	37.70%	35.60%	12.02%
Revenue as Reported	80,224	84,038	94,825	76,427	71,000	59,784
Advertising Expenses	-	287.84	347.06	446.43	272.51	162

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