SHE:002497 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	7,781	7,658	11,845	14,420	5,203	3,216
Other Revenue	57.22	57.22	50.28	36.82	38.75	34.52
Revenue	7,838	7,716	11,895	14,457	5,241	3,250
Revenue Growth (YoY)	-6.11%	-35.14%	-17.72%	175.82%	61.26%	1.67%
Cost of Revenue	6,697	6,719	11,460	8,020	3,398	2,250
Gross Profit	1,141	996.9	435.17	6,436	1,844	999.73
Selling, General & Admin	681.42	648.33	614.83	591.87	476.96	436.71
Research & Development	76.83	73.1	153.65	161.99	108.22	66.03
Other Operating Expenses	168	51.68	57.22	80.54	33.79	23.32
Operating Expenses	970.76	769.02	826.82	885.77	646.38	520.67
Operating Income	170.52	227.88	-391.65	5,551	1,197	479.05
Interest Expense	-60.1	-55.52	-42.78	-15.71	-15.56	-48.65
Interest & Investment Income	80.01	74.49	159.67	85.95	36.69	34.51
Currency Exchange Gain (Loss)	-35	-35	22.45	-14.55	-1.31	0.07
Other Non Operating Income (Expenses)	41.01	13.94	-15.23	-19.5	-15.63	-26.44
EBT Excluding Unusual Items	196.45	225.78	-267.54	5,587	1,201	438.55
Impairment of Goodwill	-	-	-	-45.61	-22.56	-22.33
Gain (Loss) on Sale of Investments	34.86	-0.82	0.06	-0.09	0.09	-
Gain (Loss) on Sale of Assets	5	10.72	-1.26	-1.63	3.74	2.22
Asset Writedown	185.28	-14.59	-8.02	-81.52	-69.54	-21.68
Other Unusual Items	119.23	68.36	299.22	55.09	31.64	28.26
Pretax Income	540.83	289.46	22.46	5,513	1,145	425.02
Income Tax Expense	157.22	106.25	-22.54	881.93	161.05	80.51
Earnings From Continuing Operations	383.61	183.22	44.99	4,631	983.75	344.5
Minority Interest in Earnings	52.88	73.9	-4.78	-92.85	-47.12	-20.66
Net Income	436.5	257.11	40.21	4,538	936.63	323.84
Net Income to Common	436.5	257.11	40.21	4,538	936.63	323.84
Net Income Growth	-	539.36%	-99.11%	384.53%	189.22%	351.79%
Shares Outstanding (Basic)	1,152	1,152	1,152	1,153	1,147	952
Shares Outstanding (Diluted)	1,152	1,152	1,152	1,153	1,147	981
Shares Change (YoY)	-0.04%	0.02%	-0.03%	0.52%	16.84%	-4.17%
EPS (Basic)	0.38	0.22	0.03	3.94	0.82	0.34
EPS (Diluted)	0.38	0.22	0.03	3.94	0.82	0.33
EPS Growth	-	539.25%	-99.11%	382.00%	147.54%	371.43%
Free Cash Flow	-391.23	385	209.68	1,156	484.73	390.25
Free Cash Flow Per Share	-0.34	0.33	0.18	1.00	0.42	0.40
Dividend Per Share	0.040	0.040	0.035	0.470	0.030	0.015
Dividend Growth	14.29%	14.29%	-92.55%	1466.67%	100.00%	-
Gross Margin	14.56%	12.92%	3.66%	44.52%	35.17%	30.76%
Operating Margin	2.17%	2.95%	-3.29%	38.39%	22.84%	14.74%
Profit Margin	5.57%	3.33%	0.34%	31.39%	17.87%	9.96%
Free Cash Flow Margin	-4.99%	4.99%	1.76%	8.00%	9.25%	12.01%
EBITDA	530.95	535.44	-154.57	5,721	1,375	638.12
EBITDA Margin	6.77%	6.94%	-1.30%	39.57%	26.24%	19.63%
D&A For EBITDA	360.43	307.57	237.08	170.55	177.89	159.07
EBIT	170.52	227.88	-391.65	5,551	1,197	479.05
EBIT Margin	2.17%	2.95%	-3.29%	38.39%	22.84%	14.74%
Effective Tax Rate	29.07%	36.70%	-	16.00%	14.07%	18.94%
Revenue as Reported	7,838	7,716	11,895	14,457	5,241	3,250
Advertising Expenses	-	3.61	1.8	2.06	-	-

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