SHE:002061 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	46,389	45,624	45,613	46,246	45,503	36,153
Other Revenue	2,148	2,148	433.14	338.17	555.26	-
Revenue	48,537	47,772	46,046	46,584	46,058	36,153
Revenue Growth (YoY)	3.31%	3.75%	-1.16%	1.14%	27.40%	32.88%
Cost of Revenue	44,748	44,003	42,345	42,801	42,116	33,309
Gross Profit	3,790	3,769	3,701	3,783	3,942	2,845
Selling, General & Admin	774.11	721.56	683.54	688.78	715.41	525.54
Research & Development	1,242	1,168	1,046	1,070	1,159	793.62
Other Operating Expenses	170.83	174.51	125.86	127.33	109.93	47.14
Operating Expenses	2,343	2,199	1,970	2,035	2,153	1,425
Operating Income	1,446	1,569	1,731	1,749	1,789	1,419
Interest Expense	-431.84	-441.07	-385.62	-504.71	-321.77	-218.14
Interest & Investment Income	397.29	439.38	453.6	757.23	178.74	103.15
Currency Exchange Gain (Loss)	-13.08	-13.08	-0.86	5.98	-18.47	-
Other Non Operating Income (Expenses)	-37.1	-39.13	-37.08	-35.65	-18.03	0.84
EBT Excluding Unusual Items	1,362	1,516	1,761	1,971	1,610	1,305
Gain (Loss) on Sale of Investments	-	-	-	-4.17	4.25	-0.08
Gain (Loss) on Sale of Assets	351.79	350.86	53.89	138.04	-5.83	1.08
Asset Writedown	26.96	0.39	0.57	-1.38	-186.85	-10.02
Other Unusual Items	17.94	17.94	11.23	19.77	21.28	-
Pretax Income	1,758	1,885	1,827	2,124	1,442	1,296
Income Tax Expense	452.23	478.67	360.44	407.64	411.27	315.59
Earnings From Continuing Operations	1,306	1,406	1,466	1,716	1,031	980.64
Earnings From Discontinued Operations	-	-	-	-	-	68.27
Net Income to Company	1,306	1,406	1,466	1,716	1,031	1,049
Minority Interest in Earnings	-120.41	-96.02	-118.7	-162.11	-62.68	-51.49
Net Income	1,186	1,310	1,348	1,554	968.44	997.41
Net Income to Common	1,186	1,310	1,348	1,554	968.44	997.41
Net Income Growth	-16.98%	-2.78%	-13.28%	60.45%	-2.90%	38.06%
Shares Outstanding (Basic)	2,639	2,620	2,591	2,339	1,937	1,913
Shares Outstanding (Diluted)	2,639	2,620	2,591	2,339	2,421	2,252
Shares Change (YoY)	1.62%	1.10%	10.79%	-3.39%	7.51%	18.02%
EPS (Basic)	0.45	0.50	0.52	0.66	0.50	0.52
EPS (Diluted)	0.45	0.50	0.52	0.66	0.40	0.44
EPS Growth	-18.31%	-3.85%	-21.72%	66.07%	-9.69%	16.98%
Free Cash Flow	2,914	672.21	-370.55	150.06	-763.17	1,315
Free Cash Flow Per Share	1.10	0.26	-0.14	0.06	-0.32	0.58
Dividend Per Share	0.125	0.125	0.125	0.121	0.143	0.086
Dividend Growth	-	-	2.96%	-15.04%	66.74%	-
Gross Margin	7.81%	7.89%	8.04%	8.12%	8.56%	7.87%
Operating Margin	2.98%	3.28%	3.76%	3.75%	3.88%	3.93%
Profit Margin	2.44%	2.74%	2.93%	3.34%	2.10%	2.76%
Free Cash Flow Margin	6.00%	1.41%	-0.80%	0.32%	-1.66%	3.64%
EBITDA	1,906	2,027	2,185	2,161	2,378	1,996
EBITDA Margin	3.93%	4.24%	4.75%	4.64%	5.16%	5.52%
D&A For EBITDA	459.5	457.18	454.07	412.43	588.83	576.62
EBIT	1,446	1,569	1,731	1,749	1,789	1,419
EBIT Margin	2.98%	3.28%	3.76%	3.75%	3.88%	3.93%
Effective Tax Rate	25.72%	25.40%	19.73%	19.20%	28.51%	24.35%
Revenue as Reported	48,537	47,772	46,046	46,584	46,058	36,738

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