SHE:002138 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	2015 - 2019
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	2015 - 2019
Operating Revenue	6,689	5,852	5,003	4,203	4,514	3,451	Upgrade
Other Revenue	45.22	45.22	37.25	35.03	62.91	25.23	Upgrade
Revenue	6,734	5,897	5,040	4,238	4,577	3,477	Upgrade
Revenue Growth (YoY)	21.12%	16.99%	18.93%	-7.41%	31.66%	29.09%	Upgrade
Cost of Revenue	4,325	3,771	3,325	2,921	2,999	2,259	Upgrade
Gross Profit	2,409	2,126	1,716	1,318	1,578	1,218	Upgrade
Selling, General & Admin	434.95	407.03	388.05	343.15	294.55	248.2	Upgrade
Research & Development	615.09	504.75	383.76	352.32	344.29	244.17	Upgrade
Other Operating Expenses	51.86	42.32	49.52	47.41	39.89	32.59	Upgrade
Operating Expenses	1,120	970.32	838.2	753.47	686.35	539.68	Upgrade
Operating Income	1,289	1,155	877.51	564.16	891.59	677.95	Upgrade
Interest Expense	-91.49	-97.7	-86.93	-83.66	-52.97	-37.51	Upgrade
Interest & Investment Income	6.31	3.28	3.62	3.79	3.2	2.54	Upgrade
Currency Exchange Gain (Loss)	7.99	7.99	12.37	30.74	-4.42	-13.7	Upgrade
Other Non Operating Income (Expenses)	10.05	-0.95	-1.97	-1.87	-3.22	-7.81	Upgrade
EBT Excluding Unusual Items	1,222	1,068	804.59	513.16	834.19	621.46	Upgrade
Impairment of Goodwill	-38.64	-38.64	-19.54	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	-1.28	-5.54	-4.51	-12.82	-5.41	-3.26	Upgrade
Gain (Loss) on Sale of Assets	-5.39	0.06	5.93	0.11	0.07	-4.41	Upgrade
Asset Writedown	1.69	-7.03	-6.11	-3.82	-5.41	-5.14	Upgrade
Other Unusual Items	66.24	66.48	59.39	80.62	115.81	77.9	Upgrade
Pretax Income	1,244	1,083	839.76	577.26	939.24	686.54	Upgrade
Income Tax Expense	124.3	132.96	99.73	52.45	89.33	89.43	Upgrade
Earnings From Continuing Operations	1,120	950.29	740.03	524.81	849.91	597.11	Upgrade
Minority Interest in Earnings	-143.03	-118.21	-99.5	-91.97	-65.28	-8.63	Upgrade
Net Income	977.09	832.08	640.53	432.84	784.63	588.49	Upgrade
Net Income to Common	977.09	832.08	640.53	432.84	784.63	588.49	Upgrade
Net Income Growth	24.13%	29.91%	47.98%	-44.84%	33.33%	46.50%	Upgrade
Shares Outstanding (Basic)	789	792	791	802	801	795	Upgrade
Shares Outstanding (Diluted)	789	792	791	802	801	795	Upgrade
Shares Change (YoY)	0.27%	0.21%	-1.34%	0.11%	0.68%	-1.01%	Upgrade
EPS (Basic)	1.24	1.05	0.81	0.54	0.98	0.74	Upgrade
EPS (Diluted)	1.24	1.05	0.81	0.54	0.98	0.74	Upgrade
EPS Growth	23.79%	29.63%	50.00%	-44.90%	32.43%	48.00%	Upgrade
Free Cash Flow	847.54	612.27	43.66	-303.65	-314.1	-347.05	Upgrade
Free Cash Flow Per Share	1.07	0.77	0.06	-0.38	-0.39	-0.44	Upgrade
Dividend Per Share	0.600	0.600	0.300	0.200	0.300	0.200	Upgrade
Dividend Growth	100.00%	100.00%	50.00%	-33.33%	50.00%	-	Upgrade
Gross Margin	35.78%	36.05%	34.04%	31.09%	34.47%	35.02%	Upgrade
Operating Margin	19.14%	19.59%	17.41%	13.31%	19.48%	19.50%	Upgrade
Profit Margin	14.51%	14.11%	12.71%	10.21%	17.14%	16.93%	Upgrade
Free Cash Flow Margin	12.59%	10.38%	0.87%	-7.17%	-6.86%	-9.98%	Upgrade
EBITDA	1,874	1,715	1,403	1,045	1,300	1,027	Upgrade
EBITDA Margin	27.82%	29.08%	27.83%	24.66%	28.40%	29.54%	Upgrade
D&A For EBITDA	584.59	559.26	525.5	480.83	408.27	349.04	Upgrade
EBIT	1,289	1,155	877.51	564.16	891.59	677.95	Upgrade
EBIT Margin	19.14%	19.59%	17.41%	13.31%	19.48%	19.50%	Upgrade
Effective Tax Rate	9.99%	12.27%	11.88%	9.09%	9.51%	13.03%	Upgrade
Revenue as Reported	6,734	5,897	5,040	4,238	4,577	3,477	Upgrade

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