SHE:002393 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	1,316	1,332	1,145	1,141	1,087	1,138
Other Revenue	4.01	4.01	7.7	6.05	4.67	2.71
Revenue	1,320	1,336	1,153	1,147	1,092	1,141
Revenue Growth (YoY)	4.30%	15.88%	0.56%	5.00%	-4.29%	-29.37%
Cost of Revenue	590.41	624.04	487.97	510.51	473.95	456.5
Gross Profit	729.25	712.11	665.06	636.08	618	684.34
Selling, General & Admin	505.93	494.08	424.61	448.45	466.29	547.43
Research & Development	118.54	122.1	102.48	102.26	100.82	73.3
Other Operating Expenses	18.42	20.19	19.64	24.1	22.33	23.25
Operating Expenses	642.57	636.39	546.47	575.03	589.34	644.05
Operating Income	86.68	75.72	118.6	61.05	28.66	40.29
Interest Expense	-2.88	-2.66	-0.75	-0.88	-0.32	-0.53
Interest & Investment Income	395.79	147.31	76.03	91.93	106.85	44.65
Currency Exchange Gain (Loss)	0.01	0.01	0.01	0.11	-0.06	-0.07
Other Non Operating Income (Expenses)	-14.1	-0.7	2.23	-2.16	-0.18	-0.62
EBT Excluding Unusual Items	465.51	219.69	196.12	150.05	134.95	83.73
Merger & Restructuring Charges	-6.31	-6.31	-4.99	-	-	-
Gain (Loss) on Sale of Investments	3.99	2.9	0.62	0.28	-	-
Gain (Loss) on Sale of Assets	0.19	-0.1	238.7	-34.82	-	-
Asset Writedown	-16.77	-0.56	-15.27	-1.2	-1.61	-60.24
Other Unusual Items	0.33	0.33	5.02	4.05	3.78	7.44
Pretax Income	446.94	215.95	420.21	118.36	137.12	30.93
Income Tax Expense	55.02	29.99	58.39	24.76	15.01	22.32
Earnings From Continuing Operations	391.91	185.96	361.83	93.61	122.11	8.62
Minority Interest in Earnings	-5.89	-1.43	-	-	-	-
Net Income	386.02	184.53	361.83	93.61	122.11	8.62
Net Income to Common	386.02	184.53	361.83	93.61	122.11	8.62
Net Income Growth	104.88%	-49.00%	286.54%	-23.34%	1317.31%	-95.42%
Shares Outstanding (Basic)	257	256	258	257	255	241
Shares Outstanding (Diluted)	257	256	258	257	255	241
Shares Change (YoY)	-0.19%	-0.83%	0.58%	0.71%	5.72%	-5.63%
EPS (Basic)	1.50	0.72	1.40	0.36	0.48	0.04
EPS (Diluted)	1.50	0.72	1.40	0.36	0.48	0.04
EPS Growth	105.27%	-48.57%	284.30%	-23.88%	1240.62%	-95.15%
Free Cash Flow	80.93	34.51	138.29	290.47	108.1	-24.29
Free Cash Flow Per Share	0.32	0.14	0.54	1.13	0.42	-0.10
Dividend Per Share	0.650	0.350	0.429	0.214	0.214	0.071
Dividend Growth	51.66%	-18.34%	100.00%	-	200.14%	-66.68%
Gross Margin	55.26%	53.30%	57.68%	55.48%	56.60%	59.99%
Operating Margin	6.57%	5.67%	10.29%	5.32%	2.62%	3.53%
Profit Margin	29.25%	13.81%	31.38%	8.16%	11.18%	0.76%
Free Cash Flow Margin	6.13%	2.58%	11.99%	25.33%	9.90%	-2.13%
EBITDA	171.54	152.69	185.03	126.25	87.94	103.77
EBITDA Margin	13.00%	11.43%	16.05%	11.01%	8.05%	9.10%
D&A For EBITDA	84.86	76.96	66.43	65.2	59.28	63.48
EBIT	86.68	75.72	118.6	61.05	28.66	40.29
EBIT Margin	6.57%	5.67%	10.29%	5.32%	2.62%	3.53%
Effective Tax Rate	12.31%	13.89%	13.89%	20.92%	10.95%	72.15%
Revenue as Reported	1,320	1,336	1,153	1,147	1,092	1,141
Advertising Expenses	-	266.99	253.43	264.36	283.37	351.53

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