SHE:000887 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	18,482	18,422	16,834	14,566	12,469	11,303
Other Revenue	432.11	432.11	410.73	346.91	332.09	245.67
Revenue	18,914	18,854	17,244	14,913	12,801	11,548
Revenue Growth (YoY)	-0.27%	9.33%	15.63%	16.50%	10.85%	-1.35%
Cost of Revenue	14,336	14,579	13,548	11,879	10,044	9,022
Gross Profit	4,578	4,275	3,696	3,034	2,758	2,526
Selling, General & Admin	1,512	1,486	1,415	1,260	1,186	1,259
Research & Development	921.56	845.15	782.77	661.03	572.61	505.64
Other Operating Expenses	45.86	39.4	63.29	68.65	95.51	-12.89
Operating Expenses	2,486	2,388	2,299	2,042	1,852	1,785
Operating Income	2,091	1,887	1,397	992.27	905.7	740.69
Interest Expense	-197	-253.7	-234.35	-126.13	-176.78	-178.91
Interest & Investment Income	154.24	165.31	200.32	160.72	291.95	133.33
Currency Exchange Gain (Loss)	3.13	3.13	43.47	18.59	42.45	-57.23
Other Non Operating Income (Expenses)	-68.63	-12.28	-7.51	-12.85	-30.54	-26.92
EBT Excluding Unusual Items	1,983	1,790	1,399	1,033	1,033	610.97
Merger & Restructuring Charges	-	-	-	-	-	-14.65
Impairment of Goodwill	-94.51	-94.51	-36.55	-40.06	-3.44	-5.6
Gain (Loss) on Sale of Investments	-11.01	-154.11	-44.27	10.26	53.69	42.63
Gain (Loss) on Sale of Assets	2.5	-2.95	2.04	89.04	15.8	-7.58
Asset Writedown	-79.97	-53.53	-15.5	-17.15	-3.74	-24.59
Other Unusual Items	57.19	57.19	63.75	38.04	55.71	28.73
Pretax Income	1,857	1,542	1,369	1,113	1,151	629.9
Income Tax Expense	362.16	293.71	255.86	162.01	202.99	133.36
Earnings From Continuing Operations	1,495	1,248	1,113	950.7	947.81	496.54
Minority Interest in Earnings	11.93	3.51	18.51	18.21	1.71	-3.99
Net Income	1,507	1,252	1,131	968.91	949.53	492.55
Net Income to Common	1,507	1,252	1,131	968.91	949.53	492.55
Net Income Growth	15.25%	10.63%	16.78%	2.04%	92.78%	-18.18%
Shares Outstanding (Basic)	1,322	1,318	1,316	1,309	1,217	1,231
Shares Outstanding (Diluted)	1,322	1,318	1,316	1,309	1,266	1,231
Shares Change (YoY)	0.02%	0.15%	0.48%	3.42%	2.81%	0.23%
EPS (Basic)	1.14	0.95	0.86	0.74	0.78	0.40
EPS (Diluted)	1.14	0.95	0.86	0.74	0.75	0.40
EPS Growth	15.23%	10.46%	16.22%	-1.33%	87.50%	-18.37%
Free Cash Flow	972.14	1,070	410.98	-411.96	65.44	694.1
Free Cash Flow Per Share	0.74	0.81	0.31	-0.32	0.05	0.56
Dividend Per Share	0.200	0.150	0.200	0.200	0.200	0.200
Dividend Growth	-	-25.00%	-	-	-	-
Gross Margin	24.20%	22.67%	21.43%	20.35%	21.54%	21.87%
Operating Margin	11.06%	10.01%	8.10%	6.65%	7.07%	6.41%
Profit Margin	7.97%	6.64%	6.56%	6.50%	7.42%	4.26%
Free Cash Flow Margin	5.14%	5.67%	2.38%	-2.76%	0.51%	6.01%
EBITDA	2,761	2,554	2,059	1,657	1,579	1,365
EBITDA Margin	14.60%	13.54%	11.94%	11.11%	12.33%	11.82%
D&A For EBITDA	670.27	666.34	661.1	665.15	673.29	624.76
EBIT	2,091	1,887	1,397	992.27	905.7	740.69
EBIT Margin	11.06%	10.01%	8.10%	6.65%	7.07%	6.41%
Effective Tax Rate	19.50%	19.05%	18.69%	14.56%	17.64%	21.17%
Revenue as Reported	18,914	18,854	17,244	14,913	12,801	11,548

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