SHE:002082 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	1,370	1,427	1,531	1,770	1,923	13,678
Other Revenue	16.11	16.11	10.51	16.46	7.86	23.67
Revenue	1,387	1,443	1,542	1,786	1,931	13,702
Revenue Growth (YoY)	-13.26%	-6.39%	-13.69%	-7.47%	-85.91%	-17.91%
Cost of Revenue	897.71	847.18	918.18	852.57	999.27	12,364
Gross Profit	488.87	596.19	623.76	933.85	931.33	1,338
Selling, General & Admin	365.01	443.02	458.13	579.71	571.77	672.45
Research & Development	66.88	59.87	53.98	59.1	76.2	184.89
Other Operating Expenses	45.29	19.42	17.89	23.48	20.43	22.7
Operating Expenses	474.65	521.42	553.57	701.27	720.65	899.44
Operating Income	14.21	74.77	70.19	232.58	210.69	438.07
Interest Expense	-37.39	-38.5	-46.48	-33.2	-35.6	-56.68
Interest & Investment Income	18.74	18.97	5.19	10.75	235.76	18.47
Currency Exchange Gain (Loss)	-0.05	-0.05	-4.53	-0.82	-0.93	1.81
Other Non Operating Income (Expenses)	2.62	-1.84	-1.41	-0.74	-1.27	-8.69
EBT Excluding Unusual Items	-1.87	53.35	22.96	208.58	408.65	392.98
Impairment of Goodwill	-	-	-	-67.78	-19.27	-74.4
Gain (Loss) on Sale of Investments	3.88	2.94	-1.83	-0.56	-2.39	-
Gain (Loss) on Sale of Assets	-10.88	15.74	0.12	-0.95	-1.21	-0.31
Asset Writedown	-23.14	-21.75	-2.88	-22.5	-28.09	-1.97
Other Unusual Items	56.05	8.68	11.56	-16.66	3.46	31.45
Pretax Income	24.04	58.95	29.93	100.13	361.14	347.76
Income Tax Expense	13.76	13.71	3.6	26.43	199.98	55.54
Earnings From Continuing Operations	10.29	45.25	26.33	73.71	161.16	292.21
Minority Interest in Earnings	3.92	10.19	22.88	19.55	5.35	-7.28
Net Income	14.2	55.44	49.21	93.26	166.51	284.94
Net Income to Common	14.2	55.44	49.21	93.26	166.51	284.94
Net Income Growth	-86.06%	12.67%	-47.23%	-43.99%	-41.56%	-3.26%
Shares Outstanding (Basic)	488	616	615	622	617	606
Shares Outstanding (Diluted)	488	616	615	622	617	606
Shares Change (YoY)	-21.16%	0.15%	-1.06%	0.82%	1.73%	21.45%
EPS (Basic)	0.03	0.09	0.08	0.15	0.27	0.47
EPS (Diluted)	0.03	0.09	0.08	0.15	0.27	0.47
EPS Growth	-82.32%	12.50%	-46.67%	-44.44%	-42.55%	-20.34%
Free Cash Flow	-258.26	23.11	-201.59	-406.88	-263.42	-408.24
Free Cash Flow Per Share	-0.53	0.04	-0.33	-0.65	-0.43	-0.67
Dividend Per Share	-	-	0.080	0.120	-	0.200
Dividend Growth	-	-	-33.33%	-	-	33.33%
Gross Margin	35.26%	41.30%	40.45%	52.28%	48.24%	9.76%
Operating Margin	1.03%	5.18%	4.55%	13.02%	10.91%	3.20%
Profit Margin	1.02%	3.84%	3.19%	5.22%	8.63%	2.08%
Free Cash Flow Margin	-18.63%	1.60%	-13.07%	-22.78%	-13.64%	-2.98%
EBITDA	111.26	170.42	163.98	337.3	305.12	545.18
EBITDA Margin	8.02%	11.81%	10.63%	18.88%	15.80%	3.98%
D&A For EBITDA	97.04	95.65	93.79	104.72	94.43	107.11
EBIT	14.21	74.77	70.19	232.58	210.69	438.07
EBIT Margin	1.03%	5.18%	4.55%	13.02%	10.91%	3.20%
Effective Tax Rate	57.22%	23.25%	12.04%	26.39%	55.37%	15.97%
Revenue as Reported	1,387	1,443	1,542	1,786	1,931	13,702
Advertising Expenses	-	1.49	3.73	1.32	4.86	3.81

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