SHE:000968 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	2,066	2,253	2,362	2,480	1,968	1,433
Other Revenue	13.16	13.16	19.8	21.93	10.03	7.71
Revenue	2,080	2,266	2,381	2,502	1,978	1,441
Revenue Growth (YoY)	-13.94%	-4.85%	-4.81%	26.50%	37.24%	-23.63%
Cost of Revenue	1,412	1,497	1,551	1,576	1,303	1,072
Gross Profit	667.76	768.47	829.99	926.13	674.82	368.54
Selling, General & Admin	203.12	199.03	196.49	314.15	153.32	150.9
Research & Development	83.25	90.4	93.36	87.34	82.6	61.99
Other Operating Expenses	-147.38	-83.28	-185.63	-225.68	-45.01	-61.47
Operating Expenses	152.65	203.63	110.22	191.44	200.06	160.58
Operating Income	515.11	564.84	719.77	734.69	474.76	207.96
Interest Expense	-113.79	-128.68	-153.65	-114.42	-114.23	-106.99
Interest & Investment Income	6.48	14	30.88	47.47	24.12	16.51
Other Non Operating Income (Expenses)	4.96	0.02	-1.27	-1.39	-0.52	-6.82
EBT Excluding Unusual Items	412.77	450.19	595.73	666.35	384.13	110.67
Gain (Loss) on Sale of Assets	-0.89	-0.44	-	-	-	-
Asset Writedown	0.87	0.72	-0.01	-0.36	-8.59	-0.99
Other Unusual Items	25.24	25.24	33.81	23.29	24.08	48.13
Pretax Income	438	475.71	629.53	689.28	399.61	157.8
Income Tax Expense	42.79	41.53	97.54	140.24	111.56	59.44
Earnings From Continuing Operations	395.21	434.18	531.99	549.04	288.06	98.36
Minority Interest in Earnings	5.55	0.25	8.22	14.18	17.08	26.51
Net Income	400.76	434.43	540.21	563.22	305.14	124.87
Net Income to Common	400.76	434.43	540.21	563.22	305.14	124.87
Net Income Growth	-4.55%	-19.58%	-4.09%	84.58%	144.36%	-77.60%
Shares Outstanding (Basic)	953	965	965	971	954	961
Shares Outstanding (Diluted)	953	965	965	971	954	961
Shares Change (YoY)	-2.23%	0.08%	-0.66%	1.84%	-0.73%	-0.05%
EPS (Basic)	0.42	0.45	0.56	0.58	0.32	0.13
EPS (Diluted)	0.42	0.45	0.56	0.58	0.32	0.13
EPS Growth	-2.37%	-19.64%	-3.45%	81.25%	146.15%	-77.59%
Free Cash Flow	563.68	410.81	354.62	16.26	-111.19	-224.35
Free Cash Flow Per Share	0.59	0.43	0.37	0.02	-0.12	-0.23
Dividend Per Share	0.030	0.030	0.170	0.060	0.050	0.050
Dividend Growth	-82.35%	-82.35%	183.33%	20.00%	-	-50.00%
Gross Margin	32.11%	33.91%	34.85%	37.02%	34.12%	25.58%
Operating Margin	24.77%	24.93%	30.22%	29.37%	24.01%	14.43%
Profit Margin	19.27%	19.17%	22.68%	22.51%	15.43%	8.67%
Free Cash Flow Margin	27.11%	18.13%	14.89%	0.65%	-5.62%	-15.57%
EBITDA	1,067	1,103	1,240	1,221	881.9	555.33
EBITDA Margin	51.33%	48.70%	52.07%	48.82%	44.59%	38.54%
D&A For EBITDA	552.24	538.57	520.33	486.67	407.14	347.37
EBIT	515.11	564.84	719.77	734.69	474.76	207.96
EBIT Margin	24.77%	24.93%	30.22%	29.37%	24.01%	14.43%
Effective Tax Rate	9.77%	8.73%	15.49%	20.35%	27.92%	37.67%
Revenue as Reported	2,080	2,266	2,381	2,502	1,978	1,441

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