SHE:000975 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	16,505	13,580	8,095	8,373	9,037	7,903
Other Revenue	5.01	5.01	10.88	8.36	3.18	3.16
Revenue	16,510	13,585	8,106	8,382	9,040	7,906
Revenue Growth (YoY)	26.20%	67.60%	-3.29%	-7.29%	14.35%	53.54%
Cost of Revenue	11,330	9,533	5,518	6,306	6,775	5,749
Gross Profit	5,180	4,052	2,587	2,075	2,266	2,156
Selling, General & Admin	436.89	402.59	358.16	305.93	267.55	253.03
Research & Development	153.89	119.57	6.27	-	-	-
Other Operating Expenses	379.81	283.38	211.11	181.65	178.95	195
Operating Expenses	975.68	804.44	575.66	487.57	448.04	449.22
Operating Income	4,205	3,248	2,012	1,588	1,818	1,707
Interest Expense	-78.35	-50.74	-44.81	-60.36	-70.82	-42.19
Interest & Investment Income	34.23	36.11	138.84	123.99	98.48	89.95
Currency Exchange Gain (Loss)	-7.54	-7.54	-5.55	9.99	0.69	-1.64
Other Non Operating Income (Expenses)	15.19	-0.51	-1.53	-68.82	-6.49	14.96
EBT Excluding Unusual Items	4,168	3,225	2,099	1,593	1,839	1,768
Gain (Loss) on Sale of Investments	63.09	-47.17	-7.22	12.27	20.54	-8.79
Gain (Loss) on Sale of Assets	-3.41	0.12	0.17	0.57	-1.74	-1.89
Asset Writedown	-4.66	-4.66	-4.45	-1.55	-18.03	-2.69
Other Unusual Items	-15.1	0.18	-1.32	5.27	4.42	6.09
Pretax Income	4,208	3,174	2,086	1,609	1,845	1,761
Income Tax Expense	994.01	743.5	517.45	365.05	422.91	394.95
Earnings From Continuing Operations	3,214	2,430	1,568	1,244	1,422	1,366
Minority Interest in Earnings	-308.88	-256.99	-143.97	-120.7	-148.37	-123.67
Net Income	2,905	2,173	1,424	1,123	1,273	1,242
Net Income to Common	2,905	2,173	1,424	1,123	1,273	1,242
Net Income Growth	42.88%	52.57%	26.79%	-11.78%	2.49%	43.77%
Shares Outstanding (Basic)	2,776	2,777	2,777	2,776	2,777	2,776
Shares Outstanding (Diluted)	2,776	2,777	2,777	2,776	2,777	2,776
Shares Change (YoY)	-0.03%	-0.01%	0.02%	-0.00%	0.01%	0.75%
EPS (Basic)	1.05	0.78	0.51	0.40	0.46	0.45
EPS (Diluted)	1.05	0.78	0.51	0.40	0.46	0.45
EPS Growth	42.93%	52.58%	26.77%	-11.77%	2.48%	42.70%
Free Cash Flow	3,549	3,183	1,565	1,380	1,324	1,823
Free Cash Flow Per Share	1.28	1.15	0.56	0.50	0.48	0.66
Dividend Per Share	0.365	0.365	0.280	0.280	0.250	0.250
Dividend Growth	30.36%	30.36%	-	12.00%	-	74.95%
Gross Margin	31.38%	29.83%	31.92%	24.76%	25.06%	27.28%
Operating Margin	25.47%	23.91%	24.82%	18.94%	20.11%	21.59%
Profit Margin	17.60%	16.00%	17.57%	13.40%	14.09%	15.72%
Free Cash Flow Margin	21.50%	23.43%	19.31%	16.47%	14.65%	23.06%
EBITDA	4,567	3,856	2,947	2,760	2,623	2,369
EBITDA Margin	27.66%	28.38%	36.36%	32.93%	29.02%	29.96%
D&A For EBITDA	361.82	607.76	935.69	1,172	805.52	661.24
EBIT	4,205	3,248	2,012	1,588	1,818	1,707
EBIT Margin	25.47%	23.91%	24.82%	18.94%	20.11%	21.59%
Effective Tax Rate	23.62%	23.43%	24.81%	22.69%	22.93%	22.43%
Revenue as Reported	16,510	13,585	8,106	8,382	9,040	7,906

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