SHE:002008 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	17,237	14,653	13,996	14,847	16,206	11,800
Other Revenue	117.82	117.82	94.8	113.96	126.79	142.84
Revenue	17,355	14,771	14,091	14,961	16,332	11,942
Revenue Growth (YoY)	17.01%	4.83%	-5.82%	-8.39%	36.76%	24.89%
Cost of Revenue	11,993	10,275	9,664	9,817	10,264	7,359
Gross Profit	5,362	4,496	4,427	5,144	6,068	4,584
Selling, General & Admin	2,623	2,345	2,265	2,486	2,462	2,089
Research & Development	1,940	1,800	1,767	1,608	1,394	1,218
Other Operating Expenses	-160.03	-210.89	-244.34	-141.98	-103.86	-104.86
Operating Expenses	4,579	4,079	3,963	4,078	3,876	3,306
Operating Income	783.1	416.89	464.23	1,066	2,192	1,278
Interest Expense	-125.67	-138.2	-241.21	-227.3	-167.04	-104.97
Interest & Investment Income	278.73	1,291	339.48	238.71	84.86	31.88
Currency Exchange Gain (Loss)	51.86	51.86	37.78	222.33	-68.27	-201.71
Other Non Operating Income (Expenses)	-56.39	-8.83	-5.36	-14.76	13.81	-31.68
EBT Excluding Unusual Items	931.63	1,613	594.93	1,285	2,056	971.39
Impairment of Goodwill	-116.02	-116.02	-38.65	-19.77	-	-5.08
Gain (Loss) on Sale of Investments	356.3	146.77	82.21	-70.33	-6.01	-93.77
Gain (Loss) on Sale of Assets	20.52	6.87	1.78	4.67	0.62	-0.41
Asset Writedown	14.02	-1.09	-1.35	-1.05	-4.79	-2.41
Other Unusual Items	186.67	186.67	185.09	118.82	261.29	196.32
Pretax Income	1,393	1,836	824	1,317	2,307	1,066
Income Tax Expense	168.57	83.74	-87.12	30.91	226.61	72.54
Earnings From Continuing Operations	1,225	1,752	911.12	1,287	2,080	993.5
Minority Interest in Earnings	-93.37	-58.46	-90.9	-72.07	-85.66	-14.58
Net Income	1,131	1,694	820.22	1,215	1,994	978.92
Net Income to Common	1,131	1,694	820.22	1,215	1,994	978.92
Net Income Growth	-29.75%	106.52%	-32.46%	-39.11%	103.74%	52.43%
Shares Outstanding (Basic)	1,030	1,046	1,052	1,056	1,050	1,053
Shares Outstanding (Diluted)	1,030	1,046	1,052	1,056	1,061	1,053
Shares Change (YoY)	-1.24%	-0.56%	-0.43%	-0.45%	0.79%	-0.02%
EPS (Basic)	1.10	1.62	0.78	1.15	1.90	0.93
EPS (Diluted)	1.10	1.62	0.78	1.15	1.88	0.93
EPS Growth	-28.87%	107.69%	-32.17%	-38.83%	102.15%	52.46%
Free Cash Flow	-520.26	-268.37	-111.03	-319.19	577.64	970.76
Free Cash Flow Per Share	-0.51	-0.26	-0.11	-0.30	0.54	0.92
Dividend Per Share	0.350	0.350	0.200	0.200	0.400	0.200
Dividend Growth	75.00%	75.00%	-	-50.00%	100.00%	-
Gross Margin	30.89%	30.44%	31.42%	34.38%	37.16%	38.38%
Operating Margin	4.51%	2.82%	3.29%	7.13%	13.42%	10.70%
Profit Margin	6.52%	11.47%	5.82%	8.12%	12.21%	8.20%
Free Cash Flow Margin	-3.00%	-1.82%	-0.79%	-2.13%	3.54%	8.13%
EBITDA	1,085	735.06	804.72	1,387	2,454	1,501
EBITDA Margin	6.25%	4.98%	5.71%	9.27%	15.02%	12.57%
D&A For EBITDA	301.43	318.17	340.49	321.01	261.28	223.39
EBIT	783.1	416.89	464.23	1,066	2,192	1,278
EBIT Margin	4.51%	2.82%	3.29%	7.13%	13.42%	10.70%
Effective Tax Rate	12.10%	4.56%	-	2.35%	9.82%	6.80%
Revenue as Reported	17,355	14,771	14,091	14,961	-	11,942
Advertising Expenses	-	40.56	72.32	69.05	45.37	30.42

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