SHE:002287 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	2,387	2,336	2,040	2,040	1,766	1,480
Other Revenue	2.19	2.19	5.55	4.63	4.06	4.58
Revenue	2,389	2,338	2,045	2,045	1,770	1,485
Revenue Growth (YoY)	5.22%	14.32%	0.02%	15.49%	19.22%	5.87%
Cost of Revenue	418.9	419.55	324.7	325.52	269.7	217.36
Gross Profit	1,970	1,918	1,720	1,719	1,501	1,268
Selling, General & Admin	1,315	1,280	1,162	1,107	986.35	828.33
Research & Development	74.61	66.73	58.63	55.09	70.82	60.32
Other Operating Expenses	100.01	34.76	32.26	29.47	28.58	25.68
Operating Expenses	1,490	1,382	1,253	1,192	1,084	915.16
Operating Income	480.41	536.7	467.52	527.71	416.45	352.54
Interest Expense	-56.42	-57.79	-63.07	-56.42	-53.43	-22.31
Interest & Investment Income	-	4.19	41.92	16.96	340.33	58.1
Currency Exchange Gain (Loss)	-0.01	-0.01	-0.03	-0.02	-0.02	-0.11
Other Non Operating Income (Expenses)	9.16	-0.02	-1.16	-3.56	-2.46	-0.98
EBT Excluding Unusual Items	433.14	483.08	445.19	484.68	700.88	387.24
Impairment of Goodwill	-	-	-	-	-15.77	-
Gain (Loss) on Sale of Investments	90.79	100.32	37.07	-37.08	20.69	-
Gain (Loss) on Sale of Assets	3.07	-	0.32	0	-0.07	-0.35
Asset Writedown	0.25	-0.58	-0.3	-1.22	-0.35	-0.04
Other Unusual Items	149.8	63.43	162.14	72.82	82.54	58.11
Pretax Income	677.05	646.24	644.41	519.2	787.91	444.96
Income Tax Expense	66.49	64.87	65.24	49.56	77.09	40.78
Earnings From Continuing Operations	610.56	581.37	579.18	469.64	710.83	404.18
Minority Interest in Earnings	1.86	0.91	2.02	2.9	5.05	-0.22
Net Income	612.42	582.28	581.2	472.54	715.88	403.96
Net Income to Common	612.42	582.28	581.2	472.54	715.88	403.96
Net Income Growth	3.09%	0.19%	22.99%	-33.99%	77.21%	10.90%
Shares Outstanding (Basic)	534	530	530	530	529	529
Shares Outstanding (Diluted)	534	530	530	530	529	529
Shares Change (YoY)	0.77%	0.03%	-0.05%	0.21%	0.12%	0.03%
EPS (Basic)	1.15	1.10	1.10	0.89	1.35	0.76
EPS (Diluted)	1.15	1.10	1.10	0.89	1.35	0.76
EPS Growth	2.30%	0.15%	23.05%	-34.13%	77.01%	10.87%
Free Cash Flow	568.66	201.31	458.59	13.29	909.35	-101.7
Free Cash Flow Per Share	1.06	0.38	0.86	0.03	1.72	-0.19
Dividend Per Share	0.600	0.380	0.480	0.390	0.590	0.340
Dividend Growth	25.00%	-20.83%	23.08%	-33.90%	73.53%	-2.86%
Gross Margin	82.47%	82.06%	84.12%	84.08%	84.77%	85.36%
Operating Margin	20.11%	22.96%	22.86%	25.81%	23.52%	23.74%
Profit Margin	25.63%	24.91%	28.42%	23.11%	40.43%	27.20%
Free Cash Flow Margin	23.80%	8.61%	22.42%	0.65%	51.36%	-6.85%
EBITDA	605.33	644.7	552.96	604.13	476.77	396.33
EBITDA Margin	25.34%	27.57%	27.04%	29.54%	26.93%	26.69%
D&A For EBITDA	124.92	108	85.43	76.42	60.32	43.79
EBIT	480.41	536.7	467.52	527.71	416.45	352.54
EBIT Margin	20.11%	22.96%	22.86%	25.81%	23.52%	23.74%
Effective Tax Rate	9.82%	10.04%	10.12%	9.54%	9.78%	9.17%
Revenue as Reported	2,389	2,338	2,045	2,045	1,770	1,485

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