SHE:002249 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	12,301	11,964	11,152	10,775	9,771	7,556
Other Revenue	149.31	149.31	136.03	154.67	246.04	220.3
Revenue	12,450	12,113	11,288	10,930	10,017	7,776
Revenue Growth (YoY)	6.99%	7.31%	3.28%	9.11%	28.82%	-4.54%
Cost of Revenue	9,656	9,468	9,078	8,991	8,264	6,144
Gross Profit	2,794	2,646	2,210	1,939	1,753	1,633
Selling, General & Admin	1,268	1,209	1,061	1,081	1,053	968.74
Research & Development	589.72	528.54	488.08	421.84	356.16	339.62
Other Operating Expenses	8.06	-7.73	-2.55	25.97	19.94	8.68
Operating Expenses	1,829	1,725	1,542	1,462	1,485	1,397
Operating Income	964.96	920.43	667.78	476.57	267.89	236.09
Interest Expense	-16.14	-25.11	-24.89	-33.86	-19.31	-39.46
Interest & Investment Income	290.61	246.95	162.84	76.48	109.09	8.14
Currency Exchange Gain (Loss)	8.22	8.22	32.26	77.22	-18.9	-34.36
Other Non Operating Income (Expenses)	36.47	-21.18	-24.27	-13.35	-12.04	-7.11
EBT Excluding Unusual Items	1,284	1,129	813.73	583.06	326.73	163.31
Impairment of Goodwill	-	-	-	-35.07	-	-83.41
Gain (Loss) on Sale of Investments	70.6	-26.67	11.12	-3.58	-2.03	12.94
Gain (Loss) on Sale of Assets	1.64	1.33	-6.53	5.32	-0.52	8.15
Asset Writedown	-67.17	-67.94	-34.59	-78.99	-44.49	-38.08
Legal Settlements	-	-	-	-24.31	-0.24	-20.32
Other Unusual Items	15.08	15.08	-1.03	121.28	84.16	77.29
Pretax Income	1,304	1,051	782.7	567.71	363.6	119.88
Income Tax Expense	193.1	139.13	108.15	142.87	94.6	40.46
Earnings From Continuing Operations	1,111	911.99	674.54	424.84	269	79.42
Minority Interest in Earnings	-49.62	-24.44	-44.28	2.25	-18.62	24.04
Net Income	1,062	887.55	630.26	427.09	250.39	103.46
Net Income to Common	1,062	887.55	630.26	427.09	250.39	103.46
Net Income Growth	38.13%	40.82%	47.57%	70.57%	142.01%	92.96%
Shares Outstanding (Basic)	2,412	2,399	2,424	2,373	2,276	2,587
Shares Outstanding (Diluted)	2,412	2,399	2,424	2,373	2,276	2,587
Shares Change (YoY)	0.29%	-1.04%	2.16%	4.24%	-12.00%	-3.52%
EPS (Basic)	0.44	0.37	0.26	0.18	0.11	0.04
EPS (Diluted)	0.44	0.37	0.26	0.18	0.11	0.04
EPS Growth	37.74%	42.31%	44.44%	63.64%	175.00%	100.00%
Free Cash Flow	1,334	2,035	1,462	1,209	476.25	429.85
Free Cash Flow Per Share	0.55	0.85	0.60	0.51	0.21	0.17
Dividend Per Share	0.230	0.190	0.210	0.160	0.170	0.090
Dividend Growth	21.05%	-9.52%	31.25%	-5.88%	88.89%	-
Gross Margin	22.44%	21.84%	19.58%	17.74%	17.50%	21.00%
Operating Margin	7.75%	7.60%	5.92%	4.36%	2.67%	3.04%
Profit Margin	8.53%	7.33%	5.58%	3.91%	2.50%	1.33%
Free Cash Flow Margin	10.72%	16.79%	12.96%	11.06%	4.75%	5.53%
EBITDA	1,296	1,249	992.76	865.44	704.58	650.76
EBITDA Margin	10.41%	10.31%	8.79%	7.92%	7.03%	8.37%
D&A For EBITDA	330.73	328.27	324.98	388.86	436.69	414.67
EBIT	964.96	920.43	667.78	476.57	267.89	236.09
EBIT Margin	7.75%	7.60%	5.92%	4.36%	2.67%	3.04%
Effective Tax Rate	14.80%	13.24%	13.82%	25.17%	26.02%	33.75%
Revenue as Reported	12,450	12,113	11,288	10,930	10,017	7,776
Advertising Expenses	-	8.24	5.55	4.42	3.34	2.16

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