SHE:001696 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	12,529	10,251	7,911	7,905	9,108	7,553
Other Revenue	211.68	255.38	239.79	246.4	257.21	295.04
Revenue	12,741	10,506	8,151	8,151	9,365	7,848
Revenue Growth (YoY)	31.63%	28.89%	0.00%	-12.96%	19.33%	35.15%
Cost of Revenue	10,938	8,997	6,871	7,032	8,147	6,424
Gross Profit	1,803	1,509	1,280	1,119	1,218	1,424
Selling, General & Admin	586.78	531.42	450.72	432.92	413.33	503.85
Research & Development	347.42	314.78	312.36	290.66	211.52	194.22
Other Operating Expenses	22.29	7.64	-1.22	33.14	28.46	-86
Operating Expenses	977.25	893.42	785.51	733.14	665.53	629.74
Operating Income	825.42	616	494.82	386.14	552.87	793.87
Interest Expense	-94.82	-110.68	-85.34	-93.61	-100.26	-85.58
Interest & Investment Income	132.66	43.12	41.59	14.68	131.63	84.48
Currency Exchange Gain (Loss)	75.92	75.92	35.48	129.82	-44.21	-87.39
Other Non Operating Income (Expenses)	13.06	-9.26	-46.65	-29.76	-31.74	-21.81
EBT Excluding Unusual Items	952.23	615.1	439.89	407.27	508.29	683.57
Impairment of Goodwill	-	-	-31.3	-	-	-
Gain (Loss) on Sale of Investments	-13.25	-40.39	17.38	-15.94	-18.58	27.71
Gain (Loss) on Sale of Assets	13.2	-0.9	1.57	0.1	-0.39	-0.14
Asset Writedown	-14.33	-10.81	-4.48	-8.76	-2.79	-8.71
Other Unusual Items	85.18	43.92	0.69	46.72	53.33	0.34
Pretax Income	1,023	606.92	423.75	429.4	539.86	702.76
Income Tax Expense	169.67	110.68	52.06	23.45	26.84	70.61
Earnings From Continuing Operations	853.37	496.24	371.69	405.95	513.02	632.15
Minority Interest in Earnings	-25.5	-34.89	-9.7	-15.62	-37.96	-44.88
Net Income	827.87	461.35	361.99	390.33	475.07	587.27
Net Income to Common	827.87	461.35	361.99	390.33	475.07	587.27
Net Income Growth	117.96%	27.45%	-7.26%	-17.84%	-19.11%	39.17%
Shares Outstanding (Basic)	1,145	1,145	1,145	1,145	1,145	1,145
Shares Outstanding (Diluted)	1,145	1,145	1,145	1,145	1,145	1,145
Shares Change (YoY)	-0.03%	-0.01%	0.01%	-0.00%	0.00%	-0.01%
EPS (Basic)	0.72	0.40	0.32	0.34	0.41	0.51
EPS (Diluted)	0.72	0.40	0.32	0.34	0.41	0.51
EPS Growth	118.03%	27.46%	-7.27%	-17.84%	-19.11%	39.19%
Free Cash Flow	307.64	-11.9	164.42	1,070	305.47	523.27
Free Cash Flow Per Share	0.27	-0.01	0.14	0.94	0.27	0.46
Dividend Per Share	0.200	0.200	0.250	0.250	0.250	0.300
Dividend Growth	-20.00%	-20.00%	-	-	-16.67%	-
Gross Margin	14.15%	14.37%	15.71%	13.73%	13.01%	18.14%
Operating Margin	6.48%	5.86%	6.07%	4.74%	5.90%	10.12%
Profit Margin	6.50%	4.39%	4.44%	4.79%	5.07%	7.48%
Free Cash Flow Margin	2.42%	-0.11%	2.02%	13.13%	3.26%	6.67%
EBITDA	1,017	804.99	680.75	522.76	676.07	901.7
EBITDA Margin	7.98%	7.66%	8.35%	6.41%	7.22%	11.49%
D&A For EBITDA	191.29	188.99	185.93	136.62	123.21	107.83
EBIT	825.42	616	494.82	386.14	552.87	793.87
EBIT Margin	6.48%	5.86%	6.07%	4.74%	5.90%	10.12%
Effective Tax Rate	16.59%	18.24%	12.29%	5.46%	4.97%	10.05%
Revenue as Reported	12,741	10,506	8,151	8,151	9,365	7,848
Advertising Expenses	-	30.53	22.36	10.71	18.21	16.15

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