SHE:000900 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	7,050	7,607	7,851	15,794	15,696	13,998
Other Revenue	573.36	588.17	615.92	579.47	402.74	311.57
Revenue	7,624	8,195	8,467	16,374	16,099	14,309
Revenue Growth (YoY)	-7.05%	-3.21%	-48.29%	1.71%	12.51%	13.95%
Cost of Revenue	5,402	5,903	5,947	14,049	14,229	12,482
Gross Profit	2,222	2,293	2,520	2,324	1,870	1,827
Selling, General & Admin	460.02	479	510.74	491.86	642.2	650.81
Research & Development	22.86	26.36	26.48	13.12	10.91	10.1
Other Operating Expenses	22.29	22.8	5.89	-7.2	12.79	3.82
Operating Expenses	513.85	555.02	582.2	504.83	667.27	669.88
Operating Income	1,708	1,738	1,938	1,820	1,203	1,158
Interest Expense	-994.77	-1,143	-1,296	-1,420	-1,117	-1,067
Interest & Investment Income	84.49	298.52	125.57	185.1	863.04	584.87
Currency Exchange Gain (Loss)	1.58	1.58	5.84	1.26	2.21	-4.83
Other Non Operating Income (Expenses)	-11.69	-8.8	-12.19	-11.18	-2.3	-33.36
EBT Excluding Unusual Items	787.6	886.19	761.15	574.51	949.06	636.96
Impairment of Goodwill	-	-	-0.48	-	-	-
Gain (Loss) on Sale of Investments	76.27	-85.92	38.58	34.57	-155.48	67.9
Gain (Loss) on Sale of Assets	1.4	6.24	1.34	0.09	0.02	0.76
Asset Writedown	-267.56	-212.77	-10.7	-10.46	-0.21	-0.26
Other Unusual Items	10.04	10.04	12.48	3.65	14.57	12.65
Pretax Income	607.75	603.78	802.36	602.36	807.95	718.02
Income Tax Expense	233.39	260.82	214.82	145.69	210.47	157.2
Earnings From Continuing Operations	374.36	342.96	587.54	456.68	597.49	560.82
Minority Interest in Earnings	-6.31	-2.14	-44.84	-23.95	26.56	-35.93
Net Income	368.05	340.82	542.69	432.72	624.05	524.89
Net Income to Common	368.05	340.82	542.69	432.72	624.05	524.89
Net Income Growth	-30.39%	-37.20%	25.41%	-30.66%	18.89%	-46.23%
Shares Outstanding (Basic)	1,739	1,781	1,705	1,599	1,522	1,500
Shares Outstanding (Diluted)	1,739	1,781	1,705	1,599	1,522	1,500
Shares Change (YoY)	3.62%	4.44%	6.66%	5.02%	1.49%	-1.68%
EPS (Basic)	0.21	0.19	0.32	0.27	0.41	0.35
EPS (Diluted)	0.21	0.19	0.32	0.27	0.41	0.35
EPS Growth	-32.82%	-39.87%	17.58%	-33.98%	17.14%	-45.31%
Free Cash Flow	2,970	2,239	1,586	2,754	3,120	-871.1
Free Cash Flow Per Share	1.71	1.26	0.93	1.72	2.05	-0.58
Dividend Per Share	0.150	0.150	0.150	0.100	0.160	0.160
Dividend Growth	-	-	50.00%	-37.50%	-	-
Gross Margin	29.14%	27.98%	29.76%	14.20%	11.62%	12.77%
Operating Margin	22.40%	21.20%	22.89%	11.11%	7.47%	8.09%
Profit Margin	4.83%	4.16%	6.41%	2.64%	3.88%	3.67%
Free Cash Flow Margin	38.95%	27.32%	18.74%	16.82%	19.38%	-6.09%
EBITDA	2,857	2,843	2,984	2,721	1,885	1,967
EBITDA Margin	37.48%	34.69%	35.25%	16.61%	11.71%	13.75%
D&A For EBITDA	1,149	1,105	1,047	901.02	681.97	809.71
EBIT	1,708	1,738	1,938	1,820	1,203	1,158
EBIT Margin	22.40%	21.20%	22.89%	11.11%	7.47%	8.09%
Effective Tax Rate	38.40%	43.20%	26.77%	24.19%	26.05%	21.89%
Revenue as Reported	7,624	8,195	8,467	-	16,099	14,309

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