SHE:000906 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	225,268	201,856	203,038	193,575	178,233	108,901
Other Revenue	45.45	45.45	26.87	29.7	37.19	75.88
Revenue	225,313	201,901	203,065	193,605	178,270	108,977
Revenue Growth (YoY)	13.53%	-0.57%	4.89%	8.60%	63.59%	48.34%
Cost of Revenue	223,400	199,772	199,907	190,907	175,507	106,814
Gross Profit	1,913	2,129	3,157	2,697	2,763	2,162
Selling, General & Admin	1,074	1,077	1,045	1,095	904.89	698.78
Research & Development	21.01	15.9	23.86	30.75	0.92	0.02
Other Operating Expenses	283.22	211.63	189.89	153.04	122.41	84.35
Operating Expenses	1,311	1,334	1,356	1,342	1,175	819.6
Operating Income	601.67	795.3	1,801	1,355	1,588	1,343
Interest Expense	-327.66	-419.08	-339.94	-351.06	-589.64	-625.89
Interest & Investment Income	507.74	398.5	53.66	778.59	279.9	163.45
Currency Exchange Gain (Loss)	-58.3	-58.3	-59.65	-134.7	45.88	55.44
Other Non Operating Income (Expenses)	-317.65	-395.58	-148.47	-101.4	-97.01	-69.37
EBT Excluding Unusual Items	405.8	320.84	1,307	1,546	1,227	866.15
Gain (Loss) on Sale of Investments	44.42	120.14	-158.72	45.64	-40.03	-110.77
Gain (Loss) on Sale of Assets	5.79	-0.34	0.92	1.6	1.45	0.07
Asset Writedown	-6.79	-0.56	-0.16	-0.14	-0.08	-0.1
Other Unusual Items	361.65	361.65	322.3	126.66	97.97	67.02
Pretax Income	810.87	801.73	1,471	1,720	1,286	822.37
Income Tax Expense	238.12	184.69	356.07	436.41	281.66	198.91
Earnings From Continuing Operations	572.75	617.05	1,115	1,284	1,005	623.47
Minority Interest in Earnings	-375.87	-248.19	-431.96	-281.89	-185.64	-68.32
Net Income	196.88	368.86	682.91	1,002	819.14	555.14
Net Income to Common	196.88	368.86	682.91	1,002	819.14	555.14
Net Income Growth	-62.32%	-45.99%	-31.83%	22.30%	47.55%	3.52%
Shares Outstanding (Basic)	836	820	759	721	700	721
Shares Outstanding (Diluted)	836	820	759	737	725	730
Shares Change (YoY)	4.18%	8.03%	3.01%	1.62%	-0.76%	-0.57%
EPS (Basic)	0.24	0.45	0.90	1.39	1.17	0.77
EPS (Diluted)	0.24	0.45	0.90	1.36	1.13	0.76
EPS Growth	-63.84%	-50.00%	-33.82%	20.35%	48.68%	4.11%
Free Cash Flow	574.91	-1,158	-1,967	-4,420	2,217	892.09
Free Cash Flow Per Share	0.69	-1.41	-2.59	-6.00	3.06	1.22
Dividend Per Share	0.200	0.200	0.350	0.500	0.410	0.300
Dividend Growth	-42.86%	-42.86%	-30.00%	21.95%	36.67%	19.96%
Gross Margin	0.85%	1.05%	1.55%	1.39%	1.55%	1.98%
Operating Margin	0.27%	0.39%	0.89%	0.70%	0.89%	1.23%
Profit Margin	0.09%	0.18%	0.34%	0.52%	0.46%	0.51%
Free Cash Flow Margin	0.26%	-0.57%	-0.97%	-2.28%	1.24%	0.82%
EBITDA	657.89	882.56	1,930	1,420	1,647	1,393
EBITDA Margin	0.29%	0.44%	0.95%	0.73%	0.92%	1.28%
D&A For EBITDA	56.22	87.25	128.62	65.01	59.42	50.29
EBIT	601.67	795.3	1,801	1,355	1,588	1,343
EBIT Margin	0.27%	0.39%	0.89%	0.70%	0.89%	1.23%
Effective Tax Rate	29.37%	23.04%	24.21%	25.37%	21.89%	24.19%
Revenue as Reported	225,313	201,901	203,065	-	-	108,977
Advertising Expenses	-	-	-	-	-	9.2

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