SHE:002195 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	640.42	656.95	556.58	655.89	924.04	1,223
Other Revenue	4.63	4.63	8.59	11.45	8.37	2.34
Revenue	645.05	661.58	565.17	667.35	932.41	1,226
Revenue Growth (YoY)	4.48%	17.06%	-15.31%	-28.43%	-23.93%	-49.78%
Cost of Revenue	497.48	440.1	261.91	268.82	412.92	610.53
Gross Profit	147.58	221.48	303.25	398.53	519.49	615.27
Selling, General & Admin	297.33	283.46	167.61	166.75	220.76	215.55
Research & Development	330.65	238.75	89	101.43	134.21	163.8
Other Operating Expenses	9.16	3.53	3.16	2.3	-3.22	-8.45
Operating Expenses	646.01	524.55	260.49	268.75	342.93	363.23
Operating Income	-498.43	-303.07	42.76	129.77	176.56	252.04
Interest Expense	-2.07	-2.9	-5.79	-17.99	-19.95	-23.93
Interest & Investment Income	526.96	151.02	334.09	226.5	226.27	239.57
Currency Exchange Gain (Loss)	-3.03	-3.03	23.6	19.42	-10.73	-9.47
Other Non Operating Income (Expenses)	2.91	10.03	19.56	36.05	-37.77	-50.03
EBT Excluding Unusual Items	26.34	-147.94	414.22	393.76	334.39	408.18
Impairment of Goodwill	-	-	-	-161.02	-	-1,286
Gain (Loss) on Sale of Investments	30.39	43.53	-19.18	18.05	126.53	-10
Gain (Loss) on Sale of Assets	-4.6	-4.46	13.09	0.09	2.45	0.02
Asset Writedown	-0	-0	-	-0.01	-0.1	-0.55
Legal Settlements	5.53	5.53	-1.17	-1.89	-4.55	-5.9
Other Unusual Items	29.06	16.72	3.88	12.49	14.9	32.9
Pretax Income	86.72	-86.61	410.85	261.47	473.62	-861.32
Income Tax Expense	36.92	-30.75	79.16	49.4	76.13	51.68
Earnings From Continuing Operations	49.79	-55.86	331.68	212.07	397.49	-913
Minority Interest in Earnings	122.88	88.33	0.08	-0.13	-0.15	-0.15
Net Income	172.67	32.46	331.76	211.95	397.35	-913.16
Net Income to Common	172.67	32.46	331.76	211.95	397.35	-913.16
Net Income Growth	283.57%	-90.22%	56.53%	-46.66%	-	-
Shares Outstanding (Basic)	5,708	5,678	5,593	5,593	5,676	5,707
Shares Outstanding (Diluted)	5,708	5,678	5,593	5,593	5,676	5,707
Shares Change (YoY)	1.39%	1.52%	-	-1.47%	-0.54%	-2.26%
EPS (Basic)	0.03	0.01	0.06	0.04	0.07	-0.16
EPS (Diluted)	0.03	0.01	0.06	0.04	0.07	-0.16
EPS Growth	352.02%	-90.17%	53.06%	-45.87%	-	-
Free Cash Flow	-327.44	-270.18	428.47	709.84	110.63	795.55
Free Cash Flow Per Share	-0.06	-0.05	0.08	0.13	0.02	0.14
Dividend Per Share	-	-	0.010	0.020	0.020	-
Dividend Growth	-	-	-50.00%	-	-	-
Gross Margin	22.88%	33.48%	53.66%	59.72%	55.71%	50.19%
Operating Margin	-77.27%	-45.81%	7.57%	19.45%	18.94%	20.56%
Profit Margin	26.77%	4.91%	58.70%	31.76%	42.61%	-74.50%
Free Cash Flow Margin	-50.76%	-40.84%	75.81%	106.37%	11.87%	64.90%
EBITDA	-470.94	-282.6	53.87	143.52	196.15	272.37
EBITDA Margin	-73.01%	-42.71%	9.53%	21.51%	21.04%	22.22%
D&A For EBITDA	27.49	20.47	11.11	13.75	19.59	20.34
EBIT	-498.43	-303.07	42.76	129.77	176.56	252.04
EBIT Margin	-77.27%	-45.81%	7.57%	19.45%	18.94%	20.56%
Effective Tax Rate	42.58%	-	19.27%	18.89%	16.07%	-
Revenue as Reported	645.05	661.58	565.17	667.35	932.41	1,226
Advertising Expenses	-	1.04	4.34	1.56	1.55	-

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