SHE:002293 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	4,698	4,514	5,251	5,256	5,708	4,880
Other Revenue	44.96	44.96	64.29	57.41	52.12	30.62
Revenue	4,743	4,559	5,315	5,314	5,760	4,911
Revenue Growth (YoY)	-0.38%	-14.22%	0.03%	-7.75%	17.30%	1.04%
Cost of Revenue	2,499	2,467	2,961	3,070	3,294	2,879
Gross Profit	2,245	2,092	2,355	2,244	2,466	2,032
Selling, General & Admin	1,625	1,512	1,634	1,504	1,529	1,262
Research & Development	72.6	85.82	102.45	103.88	118.71	94.03
Other Operating Expenses	60.65	23.2	37.94	36.45	35.72	40.37
Operating Expenses	1,804	1,668	1,770	1,654	1,692	1,398
Operating Income	441.24	424.15	584.28	590.33	774.88	633.93
Interest Expense	-23	-27.03	-29.15	-18.44	-15	-6.15
Interest & Investment Income	53.25	62.21	70.08	66.07	68.58	71.75
Currency Exchange Gain (Loss)	0.46	0.46	2.54	-1.21	-0.6	-0.16
Other Non Operating Income (Expenses)	-2.25	-6.31	-4.93	-3.78	-6.1	-3.49
EBT Excluding Unusual Items	469.7	453.49	622.82	632.97	821.76	695.88
Impairment of Goodwill	-1.95	-1.95	-1.92	-1.89	-1.75	-26.72
Gain (Loss) on Sale of Investments	-0.08	-0.59	-4.04	1.36	3.26	0.1
Gain (Loss) on Sale of Assets	11.36	10.96	1.18	0.33	-0.41	0
Asset Writedown	29.93	-2.48	-2.39	-3.8	-1.61	-1.77
Other Unusual Items	54.55	17.92	57.97	38.08	32.56	37.25
Pretax Income	563.51	477.35	673.63	667.04	853.8	704.74
Income Tax Expense	54.51	46.97	102.72	86.28	135.22	111.77
Earnings From Continuing Operations	509	430.38	570.9	580.76	718.58	592.97
Minority Interest in Earnings	2.39	2.47	1.54	0.02	-5.36	-7.98
Net Income	511.39	432.85	572.44	580.78	713.21	584.99
Net Income to Common	511.39	432.85	572.44	580.78	713.21	584.99
Net Income Growth	22.36%	-24.39%	-1.44%	-18.57%	21.92%	7.13%
Shares Outstanding (Basic)	829	831	837	838	830	828
Shares Outstanding (Diluted)	829	831	837	838	835	829
Shares Change (YoY)	-0.91%	-0.75%	-0.14%	0.45%	0.72%	-0.45%
EPS (Basic)	0.62	0.52	0.68	0.69	0.86	0.71
EPS (Diluted)	0.62	0.52	0.68	0.69	0.85	0.71
EPS Growth	23.49%	-23.81%	-1.30%	-18.93%	21.05%	7.61%
Free Cash Flow	742.94	516.71	691.07	219.31	579.35	488.91
Free Cash Flow Per Share	0.90	0.62	0.82	0.26	0.69	0.59
Dividend Per Share	0.600	0.600	0.400	0.600	1.200	0.600
Dividend Growth	-	50.00%	-33.33%	-50.00%	100.00%	20.00%
Gross Margin	47.33%	45.88%	44.30%	42.23%	42.82%	41.38%
Operating Margin	9.30%	9.30%	10.99%	11.11%	13.45%	12.91%
Profit Margin	10.78%	9.49%	10.77%	10.93%	12.38%	11.91%
Free Cash Flow Margin	15.66%	11.33%	13.00%	4.13%	10.06%	9.96%
EBITDA	499.21	486.99	653.62	661.42	843.3	694.03
EBITDA Margin	10.52%	10.68%	12.30%	12.45%	14.64%	14.13%
D&A For EBITDA	57.97	62.84	69.34	71.09	68.42	60.1
EBIT	441.24	424.15	584.28	590.33	774.88	633.93
EBIT Margin	9.30%	9.30%	10.99%	11.11%	13.45%	12.91%
Effective Tax Rate	9.67%	9.84%	15.25%	12.93%	15.84%	15.86%
Revenue as Reported	4,743	4,559	5,315	5,314	5,760	4,911
Advertising Expenses	-	204.68	290.46	247.03	280.63	224.32

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