SHE:000933 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	40,575	37,884	37,146	42,036	34,067	18,445
Other Revenue	488.26	488.26	478.91	667.83	425.59	364.37
Revenue	41,064	38,373	37,625	42,704	34,493	18,809
Revenue Growth (YoY)	10.06%	1.99%	-11.89%	23.80%	83.38%	7.25%
Cost of Revenue	32,716	30,263	27,712	29,353	22,195	14,812
Gross Profit	8,347	8,109	9,913	13,351	12,298	3,998
Selling, General & Admin	1,027	1,210	1,156	1,087	1,436	949.15
Research & Development	402.39	448.01	429.03	183.78	145.4	135.09
Other Operating Expenses	431.13	444.3	469.02	709.86	690.14	344.82
Operating Expenses	1,878	2,106	2,063	1,984	2,261	1,430
Operating Income	6,469	6,004	7,850	11,367	10,038	2,568
Interest Expense	-319.26	-455.48	-516.96	-956.35	-1,416	-1,544
Interest & Investment Income	936.16	1,091	830.37	476.78	526.17	215.77
Currency Exchange Gain (Loss)	9.74	9.74	7.08	32.59	-6.26	-12.69
Other Non Operating Income (Expenses)	-132.94	-92.67	-62.79	-14.09	-135.44	-78.72
EBT Excluding Unusual Items	6,963	6,556	8,108	10,906	9,006	1,148
Gain (Loss) on Sale of Investments	-	-	-	-	-	-177.55
Gain (Loss) on Sale of Assets	-3.88	30.15	-96.23	-301.41	-325.29	90.75
Asset Writedown	-56.21	-59.67	23.66	-10.25	-2,844	-426.36
Legal Settlements	-1.97	-1.97	-2.03	-2.13	3.6	-6.66
Other Unusual Items	-112.14	-112.14	122.66	67.54	-754.88	143.73
Pretax Income	6,789	6,413	8,156	10,660	5,085	772.27
Income Tax Expense	1,848	1,615	1,428	2,077	2,028	520.4
Earnings From Continuing Operations	4,941	4,798	6,728	8,583	3,057	251.86
Net Income to Company	4,941	4,798	6,728	8,583	3,057	251.86
Minority Interest in Earnings	-682.91	-491.13	-822.85	-1,005	180.03	106.46
Net Income	4,258	4,307	5,905	7,578	3,237	358.32
Net Income to Common	4,258	4,307	5,905	7,578	3,237	358.32
Net Income Growth	-20.28%	-27.07%	-22.07%	134.10%	803.35%	-73.27%
Shares Outstanding (Basic)	2,203	2,223	2,226	2,231	2,231	1,901
Shares Outstanding (Diluted)	2,204	2,229	2,235	2,242	2,232	1,901
Shares Change (YoY)	-1.61%	-0.27%	-0.29%	0.41%	17.47%	-
EPS (Basic)	1.93	1.94	2.65	3.40	1.45	0.19
EPS (Diluted)	1.93	1.93	2.64	3.38	1.45	0.19
EPS Growth	-18.99%	-26.89%	-21.89%	133.10%	669.06%	-73.07%
Free Cash Flow	7,256	6,390	10,205	13,757	9,385	-1,871
Free Cash Flow Per Share	3.29	2.87	4.57	6.14	4.20	-0.98
Dividend Per Share	0.500	0.800	0.800	1.000	0.450	0.100
Dividend Growth	-54.55%	-	-20.00%	122.22%	350.00%	-
Gross Margin	20.33%	21.13%	26.35%	31.26%	35.66%	21.25%
Operating Margin	15.75%	15.65%	20.86%	26.62%	29.10%	13.65%
Profit Margin	10.37%	11.22%	15.70%	17.75%	9.38%	1.91%
Free Cash Flow Margin	17.67%	16.65%	27.12%	32.21%	27.21%	-9.95%
EBITDA	8,020	7,546	9,382	12,652	11,282	3,769
EBITDA Margin	19.53%	19.67%	24.93%	29.63%	32.71%	20.04%
D&A For EBITDA	1,551	1,543	1,532	1,285	1,245	1,201
EBIT	6,469	6,004	7,850	11,367	10,038	2,568
EBIT Margin	15.75%	15.65%	20.86%	26.62%	29.10%	13.65%
Effective Tax Rate	27.22%	25.18%	17.50%	19.48%	39.89%	67.39%
Revenue as Reported	41,064	38,373	37,625	42,704	34,493	18,809

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