SHE:002088 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	2,747	3,513	3,490	3,572	3,149	2,313
Other Revenue	18.36	18.36	28.49	12.23	15.29	13.08
Revenue	2,765	3,532	3,519	3,585	3,164	2,326
Revenue Growth (YoY)	-21.00%	0.38%	-1.85%	13.30%	36.04%	8.32%
Cost of Revenue	2,004	2,456	2,428	2,453	2,069	1,486
Gross Profit	760.49	1,076	1,091	1,132	1,094	839.34
Selling, General & Admin	344.84	385.4	408.03	347.83	339.14	285.79
Research & Development	60.09	74.07	120.87	125.7	133.86	103.01
Other Operating Expenses	26	0.77	-5.67	9.73	19.51	26.28
Operating Expenses	481.93	494.85	542.52	504.69	502.96	423.16
Operating Income	278.55	581.39	548	627.1	591.37	416.18
Interest Expense	-1.07	-1.2	-1.18	-6.12	-5.07	-0.31
Interest & Investment Income	3.95	6.19	9.83	32.27	4.9	19.94
Currency Exchange Gain (Loss)	2.18	2.18	-1.7	19.5	-3.3	-4.91
Other Non Operating Income (Expenses)	1.54	-1.05	-1.37	-4.7	14.21	-2.45
EBT Excluding Unusual Items	285.16	587.51	553.57	668.06	602.09	428.45
Gain (Loss) on Sale of Assets	-0.75	-0	-0.23	0.59	-1.85	-0.16
Asset Writedown	-5.25	-5.55	-0.08	-24.16	-0.05	-1.97
Other Unusual Items	0.49	-3.1	2.16	14.78	2.24	-0.21
Pretax Income	279.64	578.86	555.43	659.27	602.43	426.11
Income Tax Expense	37.82	98.74	65.26	75.11	68.25	55.84
Earnings From Continuing Operations	241.82	480.12	490.17	584.16	534.18	370.27
Minority Interest in Earnings	-	-	1.87	-0.51	-	-
Net Income	241.82	480.12	492.04	583.65	534.18	370.27
Net Income to Common	241.82	480.12	492.04	583.65	534.18	370.27
Net Income Growth	-48.56%	-2.42%	-15.70%	9.26%	44.27%	8.82%
Shares Outstanding (Basic)	518	511	507	503	504	500
Shares Outstanding (Diluted)	518	511	507	503	504	500
Shares Change (YoY)	1.09%	0.69%	0.82%	-0.16%	0.71%	0.83%
EPS (Basic)	0.47	0.94	0.97	1.16	1.06	0.74
EPS (Diluted)	0.47	0.94	0.97	1.16	1.06	0.74
EPS Growth	-49.11%	-3.09%	-16.38%	9.43%	43.24%	7.92%
Free Cash Flow	193.96	483.32	193.34	501.71	449.78	402.04
Free Cash Flow Per Share	0.38	0.95	0.38	1.00	0.89	0.80
Dividend Per Share	0.800	0.800	0.800	0.800	0.700	0.857
Dividend Growth	-	-	-	14.29%	-18.33%	299.95%
Gross Margin	27.50%	30.47%	30.99%	31.57%	34.59%	36.09%
Operating Margin	10.07%	16.46%	15.57%	17.49%	18.69%	17.89%
Profit Margin	8.75%	13.59%	13.98%	16.28%	16.88%	15.92%
Free Cash Flow Margin	7.02%	13.69%	5.50%	14.00%	14.22%	17.29%
EBITDA	372.13	677.28	646.97	746.64	699.13	522.42
EBITDA Margin	13.46%	19.18%	18.39%	20.83%	22.10%	22.46%
D&A For EBITDA	93.58	95.89	98.97	119.54	107.76	106.24
EBIT	278.55	581.39	548	627.1	591.37	416.18
EBIT Margin	10.07%	16.46%	15.57%	17.49%	18.69%	17.89%
Effective Tax Rate	13.52%	17.06%	11.75%	11.39%	11.33%	13.10%
Revenue as Reported	2,765	3,532	3,519	3,585	3,164	2,326
Advertising Expenses	-	1.67	1.08	0.79	1.69	3.05

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