SHE:002507 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	2,419	2,383	2,446	2,546	2,516	2,270
Other Revenue	4.26	4.26	3.89	2.43	2.26	2.34
Revenue	2,423	2,387	2,450	2,548	2,519	2,273
Revenue Growth (YoY)	-1.52%	-2.56%	-3.86%	1.18%	10.82%	14.23%
Cost of Revenue	1,166	1,171	1,208	1,194	1,200	949.35
Gross Profit	1,258	1,217	1,241	1,354	1,318	1,323
Selling, General & Admin	464.43	417.52	414.43	451.74	549	424.74
Research & Development	11.53	10.62	6	4.22	5.43	6.81
Other Operating Expenses	33.14	25.57	37.31	39.77	39.5	33.47
Operating Expenses	508.95	453.68	451.27	499.27	596.42	465.03
Operating Income	748.6	762.94	790.2	855	722.04	858.37
Interest Expense	-0.09	-0.03	-0.05	-0.11	-0.07	-
Interest & Investment Income	174.52	145.34	168.97	175.28	139.07	46.4
Currency Exchange Gain (Loss)	0.36	0.36	-0.12	0.54	-0.1	-0.44
Other Non Operating Income (Expenses)	-1.58	-0.39	-0.64	-0.22	-0.35	-0.83
EBT Excluding Unusual Items	921.8	908.21	958.37	1,030	860.58	903.5
Gain (Loss) on Sale of Investments	12.57	18.98	10.51	13.05	-	-
Gain (Loss) on Sale of Assets	0.32	2.45	0.71	-	0.04	0.02
Asset Writedown	-2.26	-2.26	-0.55	-0.29	-0.1	-0.45
Other Unusual Items	13.89	15.33	5.72	12.45	13.1	11.03
Pretax Income	946.32	942.71	974.75	1,056	873.62	914.09
Income Tax Expense	144.78	143.36	148.18	156.89	131.66	136.98
Net Income	801.55	799.35	826.58	898.8	741.96	777.11
Net Income to Common	801.55	799.35	826.58	898.8	741.96	777.11
Net Income Growth	-4.35%	-3.29%	-8.04%	21.14%	-4.52%	28.42%
Shares Outstanding (Basic)	1,161	1,158	1,148	1,152	1,109	1,031
Shares Outstanding (Diluted)	1,161	1,158	1,148	1,152	1,109	1,031
Shares Change (YoY)	1.17%	0.91%	-0.37%	3.93%	7.55%	0.90%
EPS (Basic)	0.69	0.69	0.72	0.78	0.67	0.75
EPS (Diluted)	0.69	0.69	0.72	0.78	0.67	0.75
EPS Growth	-5.46%	-4.17%	-7.69%	16.56%	-11.22%	27.27%
Free Cash Flow	364.53	555.61	320.8	947.68	604.58	766.94
Free Cash Flow Per Share	0.31	0.48	0.28	0.82	0.55	0.74
Dividend Per Share	0.620	0.420	0.300	0.292	0.500	-
Dividend Growth	106.67%	40.00%	2.63%	-41.54%	-	-
Gross Margin	51.90%	50.97%	50.68%	53.14%	52.35%	58.23%
Operating Margin	30.89%	31.96%	32.26%	33.55%	28.67%	37.77%
Profit Margin	33.08%	33.49%	33.74%	35.27%	29.46%	34.19%
Free Cash Flow Margin	15.04%	23.28%	13.10%	37.19%	24.00%	33.75%
EBITDA	857.26	873.87	904.16	970.96	822.67	941.62
EBITDA Margin	35.38%	36.61%	36.91%	38.10%	32.66%	41.43%
D&A For EBITDA	108.66	110.93	113.96	115.96	100.64	83.24
EBIT	748.6	762.94	790.2	855	722.04	858.37
EBIT Margin	30.89%	31.96%	32.26%	33.55%	28.67%	37.77%
Effective Tax Rate	15.30%	15.21%	15.20%	14.86%	15.07%	14.99%
Revenue as Reported	2,423	2,387	2,450	2,548	2,519	2,273

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