SHE:002183 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	71,439	77,616	94,422	85,398	70,208	68,120
Other Revenue	-	-	-	0	44.09	135.78
Revenue	71,439	77,616	94,422	85,398	70,252	68,256
Revenue Growth (YoY)	-15.54%	-17.80%	10.57%	21.56%	2.92%	-5.23%
Cost of Revenue	68,376	74,297	90,572	81,448	65,769	64,428
Gross Profit	3,062	3,320	3,850	3,950	4,482	3,828
Selling, General & Admin	1,970	2,128	2,322	2,293	2,528	2,452
Research & Development	28.69	30.17	26.91	20.17	12.53	15.16
Other Operating Expenses	226.76	123.44	115.27	97.12	88.51	87.69
Operating Expenses	2,363	2,408	2,619	2,562	2,915	2,654
Operating Income	699.49	912.1	1,231	1,388	1,568	1,174
Interest Expense	-1,023	-1,152	-1,368	-1,323	-1,454	-1,660
Interest & Investment Income	494.54	386.28	543.48	543.79	527.57	483.68
Currency Exchange Gain (Loss)	72.29	72.29	-87.67	-249.32	37.61	105.44
Other Non Operating Income (Expenses)	-281.84	-222.21	-151.04	-125.7	-117.7	-131.59
EBT Excluding Unusual Items	-38.93	-3.08	167.96	234.44	561.59	-28.34
Impairment of Goodwill	-0.04	-0.04	-	-1.37	-0.23	-3.07
Gain (Loss) on Sale of Investments	10.06	23.8	-95.78	43.02	-69.89	125.87
Gain (Loss) on Sale of Assets	5.38	11.54	1.09	0.16	-1.41	-0.38
Asset Writedown	5.37	-3.01	-1.36	-	-	-
Legal Settlements	-	-	-0.4	-14.76	-0.1	-4.61
Other Unusual Items	65.71	36.5	89.83	33.92	49.07	10.7
Pretax Income	47.54	65.7	161.34	295.41	539.03	100.17
Income Tax Expense	16.07	17.69	27.68	58.71	92.62	15.67
Earnings From Continuing Operations	31.48	48.01	133.66	236.71	446.42	84.5
Minority Interest in Earnings	48.31	57.85	7.33	19.39	60.04	38.94
Net Income	79.78	105.86	140.99	256.09	506.46	123.44
Net Income to Common	79.78	105.86	140.99	256.09	506.46	123.44
Net Income Growth	-7.64%	-24.92%	-44.95%	-49.44%	310.29%	36.94%
Shares Outstanding (Basic)	2,988	2,646	2,820	2,561	2,302	2,057
Shares Outstanding (Diluted)	2,988	2,646	2,820	2,561	2,302	2,057
Shares Change (YoY)	1.49%	-6.14%	10.11%	11.24%	11.90%	-8.71%
EPS (Basic)	0.03	0.04	0.05	0.10	0.22	0.06
EPS (Diluted)	0.03	0.04	0.05	0.10	0.22	0.06
EPS Growth	-8.99%	-20.00%	-50.00%	-54.55%	266.67%	50.00%
Free Cash Flow	409.85	7.82	-537.69	-112.43	1,134	1,842
Free Cash Flow Per Share	0.14	0.00	-0.19	-0.04	0.49	0.90
Dividend Per Share	0.010	0.010	0.012	0.020	0.040	0.020
Dividend Growth	-16.67%	-16.67%	-40.00%	-50.00%	100.00%	100.00%
Gross Margin	4.29%	4.28%	4.08%	4.63%	6.38%	5.61%
Operating Margin	0.98%	1.18%	1.30%	1.63%	2.23%	1.72%
Profit Margin	0.11%	0.14%	0.15%	0.30%	0.72%	0.18%
Free Cash Flow Margin	0.57%	0.01%	-0.57%	-0.13%	1.61%	2.70%
EBITDA	790.66	1,025	1,372	1,548	1,720	1,327
EBITDA Margin	1.11%	1.32%	1.45%	1.81%	2.45%	1.94%
D&A For EBITDA	91.17	112.41	140.73	159.53	151.91	152.77
EBIT	699.49	912.1	1,231	1,388	1,568	1,174
EBIT Margin	0.98%	1.18%	1.30%	1.63%	2.23%	1.72%
Effective Tax Rate	33.79%	26.92%	17.16%	19.87%	17.18%	15.64%
Revenue as Reported	71,439	77,616	94,422	85,398	70,252	68,256
Advertising Expenses	-	5.21	-	-	-	-

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