SHE:002085 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	15,844	15,799	15,749	15,951	11,873	10,296
Other Revenue	465.25	465.25	457.44	431.1	562.9	403.3
Revenue	16,310	16,264	16,207	16,382	12,436	10,699
Revenue Growth (YoY)	2.07%	0.35%	-1.07%	31.73%	16.23%	-15.32%
Cost of Revenue	13,646	13,602	12,937	13,384	10,445	8,547
Gross Profit	2,663	2,662	3,270	2,998	1,991	2,152
Selling, General & Admin	892.54	902.54	998.79	933.63	845.22	792.09
Research & Development	482.52	461.11	495.7	499.38	412.85	337.45
Other Operating Expenses	24.1	19.98	42.88	58.22	51.58	55.72
Operating Expenses	1,571	1,557	1,561	1,501	1,325	1,192
Operating Income	1,092	1,106	1,709	1,497	666.88	960.44
Interest Expense	-183.85	-210.51	-265.26	-303.78	-278.11	-245.82
Interest & Investment Income	31.26	39.75	28.43	12.44	33.9	34.62
Currency Exchange Gain (Loss)	97.36	97.36	-5.87	22.81	22.26	-49.78
Other Non Operating Income (Expenses)	-54.52	-11.99	-5.16	-7.71	-10.01	-8.12
EBT Excluding Unusual Items	982.51	1,020	1,461	1,221	434.92	691.33
Impairment of Goodwill	-59.46	-59.46	-279	-39.25	-	-
Gain (Loss) on Sale of Investments	-10.44	-13.02	2.72	-7.32	-1.82	2.25
Gain (Loss) on Sale of Assets	1.83	2.89	2.87	2.57	0.13	0.5
Asset Writedown	-0.38	-	-	-0.45	-31.83	-2.69
Legal Settlements	-	-	-	-	70.34	-
Other Unusual Items	268.37	131.27	105.35	77.77	93.27	102.52
Pretax Income	1,182	1,082	1,293	1,254	605.05	829.02
Income Tax Expense	168.97	241.75	259.42	222.49	73.2	64.15
Earnings From Continuing Operations	1,013	840.35	1,034	1,032	531.85	764.88
Minority Interest in Earnings	-194.61	-187.03	-306.97	-222.7	-198.49	-199.06
Net Income	818.86	653.31	727	809.03	333.36	565.82
Net Income to Common	818.86	653.31	727	809.03	333.36	565.82
Net Income Growth	8.58%	-10.14%	-10.14%	142.69%	-41.08%	-36.83%
Shares Outstanding (Basic)	2,085	2,042	2,077	2,074	2,084	2,096
Shares Outstanding (Diluted)	2,085	2,042	2,077	2,074	2,084	2,096
Shares Change (YoY)	-0.52%	-1.71%	0.13%	-0.43%	-0.58%	-4.08%
EPS (Basic)	0.39	0.32	0.35	0.39	0.16	0.27
EPS (Diluted)	0.39	0.32	0.35	0.39	0.16	0.27
EPS Growth	9.14%	-8.57%	-10.26%	143.75%	-40.74%	-34.15%
Free Cash Flow	426.03	567.67	1,500	980.37	322.24	1,265
Free Cash Flow Per Share	0.20	0.28	0.72	0.47	0.15	0.60
Dividend Per Share	0.200	0.100	0.150	0.100	-	0.300
Dividend Growth	33.33%	-33.33%	50.00%	-	-	-
Gross Margin	16.33%	16.37%	20.18%	18.30%	16.01%	20.12%
Operating Margin	6.70%	6.80%	10.55%	9.14%	5.36%	8.98%
Profit Margin	5.02%	4.02%	4.49%	4.94%	2.68%	5.29%
Free Cash Flow Margin	2.61%	3.49%	9.26%	5.98%	2.59%	11.82%
EBITDA	1,435	1,569	2,332	2,146	1,325	1,624
EBITDA Margin	8.80%	9.64%	14.39%	13.10%	10.66%	15.18%
D&A For EBITDA	343.15	462.94	622.68	649.32	658.46	663.48
EBIT	1,092	1,106	1,709	1,497	666.88	960.44
EBIT Margin	6.70%	6.80%	10.55%	9.14%	5.36%	8.98%
Effective Tax Rate	14.29%	22.34%	20.06%	17.74%	12.10%	7.74%
Revenue as Reported	16,310	16,264	16,207	16,382	12,436	10,699

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