SHE:002080 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	28,096	23,206	25,189	25,196	19,856	18,472
Other Revenue	777.55	777.55	703.59	617.95	439.51	392.87
Revenue	28,874	23,984	25,893	25,814	20,295	18,865
Revenue Growth (YoY)	18.38%	-7.37%	0.30%	27.19%	7.58%	38.81%
Cost of Revenue	23,596	19,981	19,913	19,823	14,267	13,868
Gross Profit	5,278	4,002	5,980	5,991	6,028	4,997
Selling, General & Admin	1,602	1,606	1,590	1,487	1,259	1,168
Research & Development	1,409	1,271	1,302	1,209	961.49	972.62
Other Operating Expenses	746.55	232.45	221.1	-162.78	115.79	120.22
Operating Expenses	3,869	3,180	3,140	2,550	2,337	2,282
Operating Income	1,409	822.25	2,840	3,442	3,691	2,715
Interest Expense	-361.23	-396.4	-404.35	-501.1	-459.03	-426.84
Interest & Investment Income	119.47	110.01	61.46	171.33	72.23	27.67
Currency Exchange Gain (Loss)	18.01	18.01	28.96	93.17	-36.43	-49.13
Other Non Operating Income (Expenses)	-29.89	-26.14	-56.44	-21.77	4.11	-42.16
EBT Excluding Unusual Items	1,155	527.73	2,469	3,183	3,272	2,225
Gain (Loss) on Sale of Investments	9.35	-0.82	-14.26	13.22	-	8.78
Gain (Loss) on Sale of Assets	-2.58	-3.52	62.35	1,078	680.95	92.72
Asset Writedown	-23.09	-15.35	-21.89	-139.09	-82.5	-180.83
Legal Settlements	-	-	-	-	-8	-
Other Unusual Items	1,124	678.39	535.23	14.41	251.28	173.61
Pretax Income	2,298	1,221	3,037	4,153	4,124	2,324
Income Tax Expense	192.52	96.63	321.71	323.35	648.52	380.51
Earnings From Continuing Operations	2,105	1,124	2,715	3,830	3,475	1,944
Net Income to Company	2,105	1,124	2,715	3,830	3,475	1,944
Minority Interest in Earnings	-341.9	-232.45	-491.67	-255.38	-101.74	95.74
Net Income	1,763	891.87	2,223	3,574	3,373	2,040
Net Income to Common	1,763	891.87	2,223	3,574	3,373	2,040
Net Income Growth	56.78%	-59.89%	-37.80%	5.96%	65.40%	47.80%
Shares Outstanding (Basic)	1,678	1,678	1,678	1,678	1,678	1,678
Shares Outstanding (Diluted)	1,678	1,678	1,678	1,678	1,678	1,678
Shares Change (YoY)	-0.02%	-0.01%	-0.00%	0.00%	0.00%	-0.01%
EPS (Basic)	1.05	0.53	1.32	2.13	2.01	1.22
EPS (Diluted)	1.05	0.53	1.32	2.13	2.01	1.22
EPS Growth	56.80%	-59.88%	-37.80%	5.96%	65.39%	47.80%
Free Cash Flow	2,507	-961.7	-2,943	-1,632	1,869	560.37
Free Cash Flow Per Share	1.49	-0.57	-1.75	-0.97	1.11	0.33
Dividend Per Share	0.225	0.225	0.560	0.660	0.635	0.400
Dividend Growth	-59.82%	-59.82%	-15.15%	3.94%	58.75%	53.85%
Gross Margin	18.28%	16.69%	23.10%	23.21%	29.70%	26.49%
Operating Margin	4.88%	3.43%	10.97%	13.33%	18.19%	14.39%
Profit Margin	6.11%	3.72%	8.59%	13.85%	16.62%	10.81%
Free Cash Flow Margin	8.68%	-4.01%	-11.37%	-6.32%	9.21%	2.97%
EBITDA	3,570	2,812	4,601	5,014	4,925	3,848
EBITDA Margin	12.37%	11.73%	17.77%	19.42%	24.27%	20.40%
D&A For EBITDA	2,161	1,990	1,762	1,572	1,235	1,133
EBIT	1,409	822.25	2,840	3,442	3,691	2,715
EBIT Margin	4.88%	3.43%	10.97%	13.33%	18.19%	14.39%
Effective Tax Rate	8.38%	7.91%	10.59%	7.79%	15.73%	16.37%
Revenue as Reported	28,874	23,984	25,893	25,814	20,295	18,865
Advertising Expenses	-	13.3	8.7	2.83	4.09	4.65

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