SHE:002349 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	2016 - 2020
Period Ending	Mar '25 Mar 31, 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	2016 - 2020
Operating Revenue	1,385	1,388	1,496	1,550	1,336	1,256	Upgrade
Other Revenue	13.63	13.63	15.41	22.58	21.41	25.31	Upgrade
Revenue	1,398	1,402	1,512	1,573	1,358	1,281	Upgrade
Revenue Growth (YoY)	-4.38%	-7.25%	-3.90%	15.85%	5.97%	10.71%	Upgrade
Cost of Revenue	714.07	719.73	781.18	847.06	739.21	695.09	Upgrade
Gross Profit	684.42	682.36	730.58	726	618.66	586.27	Upgrade
Selling, General & Admin	374.17	366.72	346.78	401.01	352.64	302.35	Upgrade
Research & Development	55.18	61.79	64.62	86.98	74.76	52.05	Upgrade
Other Operating Expenses	20.84	17.48	17.77	22.39	20.17	19.71	Upgrade
Operating Expenses	453.64	449.36	431.89	514.64	462.16	372.54	Upgrade
Operating Income	230.78	233	298.69	211.36	156.51	213.73	Upgrade
Interest Expense	-0.84	-1.34	-2.57	-6.79	-12.94	-19.65	Upgrade
Interest & Investment Income	43.78	48.38	23.87	39.71	14.16	23.27	Upgrade
Currency Exchange Gain (Loss)	2.34	2.34	2.35	6.86	-1.48	-6.19	Upgrade
Other Non Operating Income (Expenses)	-1.26	-0.3	0.43	-1.24	1.45	-1.58	Upgrade
EBT Excluding Unusual Items	274.8	282.09	322.76	249.9	157.7	209.58	Upgrade
Impairment of Goodwill	-	-	-	-	-	-5.56	Upgrade
Gain (Loss) on Sale of Investments	1.73	3.82	6.83	4.99	31.44	-3.52	Upgrade
Gain (Loss) on Sale of Assets	-0.18	-0.2	-0.09	-0.06	-0.58	3.36	Upgrade
Asset Writedown	-6.21	-2.13	-4.52	-16.96	-16.7	-148.15	Upgrade
Other Unusual Items	10.81	9.75	4.71	12.34	7.03	8.04	Upgrade
Pretax Income	280.96	293.32	329.7	250.21	178.89	63.74	Upgrade
Income Tax Expense	43.96	45.85	53.23	37.92	38.93	35.82	Upgrade
Earnings From Continuing Operations	237	247.47	276.47	212.29	139.96	27.93	Upgrade
Minority Interest in Earnings	-33.21	-34.81	-28.77	-0.06	20.74	83.07	Upgrade
Net Income	203.79	212.65	247.7	212.23	160.7	110.99	Upgrade
Net Income to Common	203.79	212.65	247.7	212.23	160.7	110.99	Upgrade
Net Income Growth	-11.82%	-14.15%	16.71%	32.06%	44.79%	-	Upgrade
Shares Outstanding (Basic)	814	814	814	814	814	814	Upgrade
Shares Outstanding (Diluted)	814	814	814	814	814	814	Upgrade
Shares Change (YoY)	-0.01%	-0.01%	0.02%	-0.00%	-0.03%	0.03%	Upgrade
EPS (Basic)	0.25	0.26	0.30	0.26	0.20	0.14	Upgrade
EPS (Diluted)	0.25	0.26	0.30	0.26	0.20	0.14	Upgrade
EPS Growth	-11.81%	-14.13%	16.69%	32.07%	44.83%	-	Upgrade
Free Cash Flow	319.53	280.1	262.93	296.8	225.02	209.75	Upgrade
Free Cash Flow Per Share	0.39	0.34	0.32	0.36	0.28	0.26	Upgrade
Dividend Per Share	0.080	0.080	0.092	0.080	0.060	0.041	Upgrade
Dividend Growth	-13.04%	-13.04%	15.00%	33.33%	46.34%	-	Upgrade
Gross Margin	48.94%	48.67%	48.33%	46.15%	45.56%	45.75%	Upgrade
Operating Margin	16.50%	16.62%	19.76%	13.44%	11.53%	16.68%	Upgrade
Profit Margin	14.57%	15.17%	16.38%	13.49%	11.83%	8.66%	Upgrade
Free Cash Flow Margin	22.85%	19.98%	17.39%	18.87%	16.57%	16.37%	Upgrade
EBITDA	303.4	307.95	382.89	319.43	257.8	297.72	Upgrade
EBITDA Margin	21.70%	21.96%	25.33%	20.31%	18.99%	23.23%	Upgrade
D&A For EBITDA	72.63	74.94	84.21	108.07	101.29	83.99	Upgrade
EBIT	230.78	233	298.69	211.36	156.51	213.73	Upgrade
EBIT Margin	16.50%	16.62%	19.76%	13.44%	11.53%	16.68%	Upgrade
Effective Tax Rate	15.65%	15.63%	16.14%	15.16%	21.76%	56.19%	Upgrade
Revenue as Reported	1,398	1,402	1,512	1,573	1,358	1,281	Upgrade
Advertising Expenses	-	13.69	13.65	7.27	11.6	17.18	Upgrade

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