SHE:002406 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	1,341	1,220	1,262	1,034	1,823	1,991
Other Revenue	56.22	56.22	45.16	40.15	182.24	174.01
Revenue	1,398	1,277	1,307	1,074	2,006	2,165
Revenue Growth (YoY)	4.84%	-2.34%	21.67%	-46.44%	-7.37%	23.44%
Cost of Revenue	1,052	1,001	1,043	822.33	1,487	1,540
Gross Profit	345.78	275.11	264.54	251.96	518.32	625.81
Selling, General & Admin	115.88	108.13	99.32	129.67	157.37	152.02
Research & Development	78.26	66.95	73.51	59.59	103.06	108.97
Other Operating Expenses	23.2	2.63	13.2	16.2	19.88	16.32
Operating Expenses	227.38	181.55	193.74	198.75	276.73	278.27
Operating Income	118.39	93.56	70.81	53.2	241.6	347.54
Interest Expense	-0.11	-0.11	-21.96	-27.52	-26.52	-35.96
Interest & Investment Income	22.52	19.47	31.47	21.66	25.36	40.58
Currency Exchange Gain (Loss)	3.15	3.15	1.16	2.48	-0.6	-0.29
Other Non Operating Income (Expenses)	-0.97	-0.18	-0.19	-0.27	-0.04	-0.12
EBT Excluding Unusual Items	142.99	115.88	81.28	49.55	239.8	351.75
Gain (Loss) on Sale of Investments	8.95	13.24	13.21	17.47	13.46	1.42
Gain (Loss) on Sale of Assets	-0.17	1.26	4.88	0.03	-0.27	1.56
Asset Writedown	-4.6	-1.06	-0.02	-0.38	-0	-4.73
Other Unusual Items	11.81	10.55	8.57	9.1	14.18	20.74
Pretax Income	158.97	139.87	107.92	75.78	267.17	370.74
Income Tax Expense	28.12	21.85	13.95	2.96	32.24	46.31
Earnings From Continuing Operations	130.85	118.02	93.97	72.82	234.93	324.43
Minority Interest in Earnings	-3.37	0.32	0.13	-	-	0.04
Net Income	127.47	118.34	94.1	72.82	234.93	324.47
Net Income to Common	127.47	118.34	94.1	72.82	234.93	324.47
Net Income Growth	7.78%	25.76%	29.21%	-69.00%	-27.60%	19.04%
Shares Outstanding (Basic)	751	740	672	607	618	579
Shares Outstanding (Diluted)	751	740	672	662	712	612
Shares Change (YoY)	0.69%	10.04%	1.52%	-7.00%	16.28%	5.56%
EPS (Basic)	0.17	0.16	0.14	0.12	0.38	0.56
EPS (Diluted)	0.17	0.16	0.14	0.11	0.33	0.53
EPS Growth	7.03%	14.29%	27.27%	-66.67%	-37.74%	12.77%
Free Cash Flow	44.55	66.18	-106.08	240.22	152.13	136.54
Free Cash Flow Per Share	0.06	0.09	-0.16	0.36	0.21	0.22
Dividend Per Share	0.150	0.150	0.100	0.100	0.080	0.250
Dividend Growth	50.00%	50.00%	-	25.00%	-68.00%	-
Gross Margin	24.74%	21.55%	20.24%	23.45%	25.84%	28.90%
Operating Margin	8.47%	7.33%	5.42%	4.95%	12.05%	16.05%
Profit Margin	9.12%	9.27%	7.20%	6.78%	11.71%	14.99%
Free Cash Flow Margin	3.19%	5.18%	-8.12%	22.36%	7.58%	6.31%
EBITDA	264.36	228.02	189.94	169.47	350.97	458.21
EBITDA Margin	18.92%	17.86%	14.53%	15.78%	17.50%	21.16%
D&A For EBITDA	145.97	134.47	119.13	116.26	109.38	110.67
EBIT	118.39	93.56	70.81	53.2	241.6	347.54
EBIT Margin	8.47%	7.33%	5.42%	4.95%	12.05%	16.05%
Effective Tax Rate	17.69%	15.62%	12.93%	3.90%	12.07%	12.49%
Revenue as Reported	1,398	1,277	1,307	1,074	2,006	2,165
Advertising Expenses	-	0.45	0.5	1.58	1.39	1.6

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