SHE:002027 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
Revenue	12,607	12,262	11,904	9,425	14,836	12,097
Revenue Growth (YoY)	0.94%	3.01%	26.30%	-36.47%	22.64%	-0.32%
Cost of Revenue	3,852	4,137	4,109	3,797	4,817	4,447
Gross Profit	8,755	8,125	7,794	5,628	10,020	7,650
Selling, General & Admin	2,914	2,769	2,646	2,388	3,161	2,835
Research & Development	51.26	50.2	61.86	68.96	89.31	102.54
Other Operating Expenses	618.6	245.03	235.86	178.34	79.55	63.44
Operating Expenses	3,644	3,204	2,893	3,006	3,489	3,360
Operating Income	5,111	4,922	4,901	2,622	6,531	4,290
Interest Expense	-117.1	-135.84	-129.26	-115.4	-107	-45.92
Interest & Investment Income	730.52	863.54	615.71	783.88	547.56	487.26
Currency Exchange Gain (Loss)	0.24	0.24	1.12	-0.89	-0.92	-2.87
Other Non Operating Income (Expenses)	-5.68	-4.75	-3.65	-3.2	-2.97	2.2
EBT Excluding Unusual Items	5,719	5,645	5,385	3,286	6,968	4,731
Impairment of Goodwill	-	-	-33.06	-	-	-
Gain (Loss) on Sale of Investments	-43.25	-96.8	-4.34	-493.61	186.55	47
Gain (Loss) on Sale of Assets	1.86	4.08	-3.29	-0.88	4.99	1.03
Asset Writedown	-1.89	-0.34	-9.05	-0.35	-1.16	-8.89
Other Unusual Items	751.5	486.46	457.67	708.19	574.96	277.38
Pretax Income	6,428	6,038	5,793	3,500	7,733	5,047
Income Tax Expense	1,033	966.61	993.46	660.4	1,621	1,046
Earnings From Continuing Operations	5,394	5,072	4,800	2,839	6,112	4,001
Minority Interest in Earnings	33.74	83.79	27.49	-49.25	-48.47	2.94
Net Income	5,428	5,155	4,827	2,790	6,063	4,004
Net Income to Common	5,428	5,155	4,827	2,790	6,063	4,004
Net Income Growth	4.52%	6.80%	73.02%	-53.99%	51.43%	113.51%
Shares Outstanding (Basic)	14,443	14,441	14,444	14,441	14,443	14,433
Shares Outstanding (Diluted)	14,443	14,441	14,444	14,441	14,443	14,433
Shares Change (YoY)	0.01%	-0.02%	0.02%	-0.01%	0.07%	-0.25%
EPS (Basic)	0.38	0.36	0.33	0.19	0.42	0.28
EPS (Diluted)	0.38	0.36	0.33	0.19	0.42	0.28
EPS Growth	4.51%	6.82%	72.98%	-53.98%	51.33%	114.04%
Free Cash Flow	7,125	6,323	7,405	6,604	9,340	5,162
Free Cash Flow Per Share	0.49	0.44	0.51	0.46	0.65	0.36
Dividend Per Share	0.380	0.330	0.330	0.420	0.338	0.115
Dividend Growth	-11.63%	-	-21.43%	24.26%	193.91%	64.29%
Gross Margin	69.45%	66.26%	65.48%	59.71%	67.53%	63.24%
Operating Margin	40.54%	40.14%	41.17%	27.82%	44.02%	35.47%
Profit Margin	43.05%	42.04%	40.55%	29.60%	40.87%	33.10%
Free Cash Flow Margin	56.52%	51.57%	62.20%	70.07%	62.96%	42.67%
EBITDA	5,174	5,102	5,239	3,024	7,010	4,791
EBITDA Margin	41.04%	41.61%	44.01%	32.09%	47.25%	39.60%
D&A For EBITDA	62.5	180.58	338.03	402.14	479.18	500.76
EBIT	5,111	4,922	4,901	2,622	6,531	4,290
EBIT Margin	40.54%	40.14%	41.17%	27.82%	44.02%	35.47%
Effective Tax Rate	16.08%	16.01%	17.15%	18.87%	20.96%	20.73%
Revenue as Reported	12,607	12,262	11,904	9,425	14,836	12,097
Advertising Expenses	-	49.6	48.68	45.11	43.42	49.81

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