SHE:002252 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	7,950	8,174	7,962	6,566	4,285	2,761
Other Revenue	2.85	2.85	1.57	1.32	3.01	0.99
Revenue	7,953	8,176	7,964	6,567	4,288	2,762
Revenue Growth (YoY)	-4.67%	2.67%	21.27%	53.16%	55.26%	6.84%
Cost of Revenue	4,954	4,872	4,735	3,678	2,069	1,059
Gross Profit	3,000	3,304	3,229	2,889	2,219	1,702
Selling, General & Admin	864	867.79	712.75	706.48	616.64	528.98
Research & Development	209.7	250.9	173.74	145.71	129.02	129.69
Other Operating Expenses	76.52	48.65	31.49	32.81	23.05	20.36
Operating Expenses	1,205	1,211	912.68	900.18	756.75	682.58
Operating Income	1,794	2,093	2,316	1,989	1,462	1,020
Interest Expense	-23.5	-0.22	-0.12	-0.26	-0.47	-0.38
Interest & Investment Income	429.77	634.16	135.38	510.69	466.09	599.35
Currency Exchange Gain (Loss)	-85.01	-85.01	-43.34	-56.55	11.28	-9.95
Other Non Operating Income (Expenses)	136.55	-0.08	-0.42	-1.42	-1.91	-0.69
EBT Excluding Unusual Items	2,252	2,642	2,408	2,441	1,937	1,608
Impairment of Goodwill	-	-	-	-197.02	-361.19	-129.68
Gain (Loss) on Sale of Investments	-	-	-196.89	18.38	-42.76	-17.58
Gain (Loss) on Sale of Assets	-0.27	-1.61	-0.01	0.23	-1.35	0.97
Asset Writedown	-44.05	-13.23	-4.31	-2.47	-9.26	-2.79
Other Unusual Items	-27.56	-7.08	-2.52	13.11	16.54	18.35
Pretax Income	2,180	2,620	2,204	2,274	1,539	1,477
Income Tax Expense	354.57	426.31	426.65	400.61	250.09	158.64
Earnings From Continuing Operations	1,826	2,194	1,777	1,873	1,289	1,319
Minority Interest in Earnings	0.63	-0.5	2.04	7.09	5.56	5.12
Net Income	1,826	2,193	1,779	1,880	1,295	1,324
Net Income to Common	1,826	2,193	1,779	1,880	1,295	1,324
Net Income Growth	-0.19%	23.25%	-5.35%	45.24%	-2.21%	117.75%
Shares Outstanding (Basic)	6,639	6,646	6,591	6,741	6,741	6,403
Shares Outstanding (Diluted)	6,639	6,646	6,591	6,741	6,741	6,403
Shares Change (YoY)	1.73%	0.84%	-2.23%	-	5.28%	26.40%
EPS (Basic)	0.28	0.33	0.27	0.28	0.19	0.21
EPS (Diluted)	0.28	0.33	0.27	0.28	0.19	0.21
EPS Growth	-1.88%	22.22%	-3.19%	46.80%	-8.09%	72.28%
Free Cash Flow	-598.72	-889.2	1,827	1,500	1,089	917.09
Free Cash Flow Per Share	-0.09	-0.13	0.28	0.22	0.16	0.14
Dividend Per Share	0.048	0.070	0.030	0.030	0.028	0.025
Dividend Growth	-27.91%	133.33%	-	7.14%	12.00%	150.00%
Gross Margin	37.72%	40.41%	40.54%	43.99%	51.75%	61.64%
Operating Margin	22.56%	25.60%	29.09%	30.29%	34.10%	36.92%
Profit Margin	22.96%	26.82%	22.34%	28.63%	30.19%	47.93%
Free Cash Flow Margin	-7.53%	-10.88%	22.94%	22.84%	25.41%	33.21%
EBITDA	2,023	2,293	2,477	2,169	1,616	1,172
EBITDA Margin	25.44%	28.04%	31.10%	33.03%	37.69%	42.45%
D&A For EBITDA	228.95	199.57	160.39	180.33	154.07	152.76
EBIT	1,794	2,093	2,316	1,989	1,462	1,020
EBIT Margin	22.56%	25.60%	29.09%	30.29%	34.10%	36.92%
Effective Tax Rate	16.26%	16.27%	19.36%	17.62%	16.25%	10.74%
Revenue as Reported	7,953	8,176	7,964	6,567	4,288	2,762
Advertising Expenses	-	193.47	143.4	193.23	169.52	98.94

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