SHE:002443 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	4,210	4,439	5,554	5,889	6,813	4,938
Other Revenue	177.79	177.79	189.35	199.9	230.11	172.21
Revenue	4,388	4,617	5,743	6,089	7,043	5,110
Revenue Growth (YoY)	-8.64%	-19.61%	-5.68%	-13.55%	37.84%	1.20%
Cost of Revenue	3,915	4,112	5,054	5,432	6,201	4,367
Gross Profit	472.71	505.49	689.06	657.41	842.04	743.01
Selling, General & Admin	148.55	147.08	146.37	134.84	147.42	136.82
Research & Development	134.83	151.58	182.22	208.32	226.03	161.22
Other Operating Expenses	-15.79	-30.24	-20.64	4.12	8.49	17.47
Operating Expenses	269.89	265.71	328.23	360.26	375	327.22
Operating Income	202.83	239.78	360.84	297.15	467.04	415.8
Interest Expense	-3.37	-2.5	-4.98	-15.56	-16.33	-10.6
Interest & Investment Income	20.78	21.41	12.03	8.27	4.3	7.94
Currency Exchange Gain (Loss)	0.1	0.1	-0.05	0.19	-0.86	-0.33
Other Non Operating Income (Expenses)	0.27	-0.79	0.16	-1.28	-0.17	-0.28
EBT Excluding Unusual Items	220.6	258	368	288.77	453.97	412.52
Gain (Loss) on Sale of Investments	-	-	-1.32	-2.06	-2.06	-
Gain (Loss) on Sale of Assets	-0.33	-0.18	-0.21	-0.1	-0.74	268.96
Asset Writedown	5.56	-	-2.89	-0.78	-	-
Other Unusual Items	4.46	4.51	7.03	9.44	18.06	23.36
Pretax Income	230.29	262.33	370.61	295.28	469.23	704.84
Income Tax Expense	33	30.52	52.15	31.24	56.37	96.03
Earnings From Continuing Operations	197.29	231.81	318.46	264.03	412.86	608.8
Net Income to Company	197.29	231.81	318.46	264.03	412.86	608.8
Minority Interest in Earnings	-25.11	-30.43	-34.68	-28.61	-27.31	-24.72
Net Income	172.18	201.39	283.78	235.42	385.55	584.09
Net Income to Common	172.18	201.39	283.78	235.42	385.55	584.09
Net Income Growth	-3.77%	-29.03%	20.54%	-38.94%	-33.99%	112.01%
Shares Outstanding (Basic)	516	517	521	523	521	522
Shares Outstanding (Diluted)	555	517	521	523	521	522
Shares Change (YoY)	6.58%	-0.64%	-0.51%	0.41%	-0.09%	0.33%
EPS (Basic)	0.33	0.39	0.55	0.45	0.74	1.12
EPS (Diluted)	0.31	0.39	0.55	0.45	0.74	1.12
EPS Growth	-9.71%	-28.58%	21.16%	-39.19%	-33.93%	111.32%
Free Cash Flow	371.34	561.68	622.32	194.14	93.21	178.18
Free Cash Flow Per Share	0.67	1.09	1.20	0.37	0.18	0.34
Dividend Per Share	0.200	0.200	0.060	0.050	0.400	0.350
Dividend Growth	233.33%	233.33%	20.00%	-87.50%	14.29%	16.67%
Gross Margin	10.77%	10.95%	12.00%	10.80%	11.96%	14.54%
Operating Margin	4.62%	5.19%	6.28%	4.88%	6.63%	8.14%
Profit Margin	3.92%	4.36%	4.94%	3.87%	5.47%	11.43%
Free Cash Flow Margin	8.46%	12.16%	10.84%	3.19%	1.32%	3.49%
EBITDA	288.46	323.74	442.56	384.82	551.37	491.81
EBITDA Margin	6.58%	7.01%	7.71%	6.32%	7.83%	9.63%
D&A For EBITDA	85.64	83.96	81.72	87.67	84.33	76.02
EBIT	202.83	239.78	360.84	297.15	467.04	415.8
EBIT Margin	4.62%	5.19%	6.28%	4.88%	6.63%	8.14%
Effective Tax Rate	14.33%	11.63%	14.07%	10.58%	12.01%	13.63%
Revenue as Reported	4,388	4,617	5,743	6,089	7,043	5,110
Advertising Expenses	-	1.4	1.6	0.96	1.11	1.26

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