SHE:002049 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	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	6,081	5,440	7,528	7,092	5,299	3,247
Other Revenue	71.54	71.54	47.57	28.22	42.9	22.97
Revenue	6,153	5,511	7,576	7,120	5,342	3,270
Revenue Growth (YoY)	-0.58%	-27.26%	6.41%	33.28%	63.35%	-4.67%
Cost of Revenue	2,781	2,499	3,020	2,636	2,178	1,584
Gross Profit	3,371	3,012	4,556	4,484	3,164	1,686
Selling, General & Admin	737.44	630.85	615.56	509.24	463.26	321
Research & Development	1,218	1,224	1,451	1,211	632.2	346.88
Other Operating Expenses	38.13	12.33	-6.22	72.04	50.34	28.76
Operating Expenses	2,037	1,957	2,067	1,779	1,142	716.28
Operating Income	1,335	1,056	2,489	2,705	2,022	969.89
Interest Expense	-63.57	-64.6	-69.75	-69.3	-55.37	-30.73
Interest & Investment Income	77.51	110.6	167.96	143.72	104.52	16.8
Currency Exchange Gain (Loss)	7.14	7.14	3.55	11.81	3.34	14.54
Other Non Operating Income (Expenses)	-9.67	-2.7	-2.74	-1.59	-1.84	-1.17
EBT Excluding Unusual Items	1,346	1,106	2,588	2,789	2,073	969.34
Gain (Loss) on Sale of Investments	-2.05	39.17	17.42	-10.08	9.43	-91.64
Gain (Loss) on Sale of Assets	0.72	0.41	0.19	0.56	3.71	0.66
Asset Writedown	60.61	-0.09	-0.07	-0	-0	-0.81
Other Unusual Items	137.65	136.22	115.27	101.72	90.09	58.99
Pretax Income	1,543	1,282	2,721	2,881	2,176	936.53
Income Tax Expense	111.22	96.32	186.67	241.03	191.9	134.96
Earnings From Continuing Operations	1,432	1,185	2,535	2,640	1,984	801.57
Minority Interest in Earnings	0.53	-6.1	-2.15	-8.52	-30.21	4.85
Net Income	1,432	1,179	2,532	2,632	1,954	806.42
Net Income to Common	1,432	1,179	2,532	2,632	1,954	806.42
Net Income Growth	-5.27%	-53.43%	-3.78%	34.71%	142.28%	98.74%
Shares Outstanding (Basic)	843	843	846	850	850	850
Shares Outstanding (Diluted)	843	843	847	852	850	850
Shares Change (YoY)	-0.07%	-0.43%	-0.57%	0.25%	-0.00%	-
EPS (Basic)	1.70	1.40	2.99	3.10	2.30	0.95
EPS (Diluted)	1.70	1.40	2.99	3.09	2.30	0.95
EPS Growth	-5.19%	-53.23%	-3.23%	34.38%	142.29%	98.74%
Free Cash Flow	402.98	1,151	1,518	1,419	768.93	-383.44
Free Cash Flow Per Share	0.48	1.36	1.79	1.67	0.91	-0.45
Dividend Per Share	0.210	0.210	0.675	-	0.232	0.096
Dividend Growth	-68.88%	-68.88%	-	-	140.77%	98.35%
Gross Margin	54.80%	54.66%	60.14%	62.98%	59.23%	51.56%
Operating Margin	21.69%	19.15%	32.86%	37.99%	37.85%	29.66%
Profit Margin	23.28%	21.40%	33.43%	36.96%	36.57%	24.66%
Free Cash Flow Margin	6.55%	20.88%	20.04%	19.93%	14.39%	-11.72%
EBITDA	1,532	1,258	2,698	3,008	2,197	1,162
EBITDA Margin	24.91%	22.83%	35.61%	42.25%	41.13%	35.54%
D&A For EBITDA	197.86	202.48	208.63	303.5	175.33	192.41
EBIT	1,335	1,056	2,489	2,705	2,022	969.89
EBIT Margin	21.69%	19.15%	32.86%	37.99%	37.85%	29.66%
Effective Tax Rate	7.21%	7.51%	6.86%	8.37%	8.82%	14.41%
Revenue as Reported	6,153	5,511	7,576	7,120	5,342	3,270

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