SHE:002543 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	7,487	7,197	5,996	6,507	7,382	6,173
Other Revenue	145.24	145.24	108.1	120.39	145.48	96.7
Revenue	7,632	7,342	6,104	6,628	7,527	6,270
Revenue Growth (YoY)	10.21%	20.29%	-7.91%	-11.95%	20.05%	0.80%
Cost of Revenue	5,479	5,305	4,391	4,851	5,788	4,531
Gross Profit	2,153	2,037	1,713	1,777	1,739	1,739
Selling, General & Admin	1,083	969.88	750.02	840.75	830.03	958.77
Research & Development	309.5	288.69	230.52	250.38	285.86	236.69
Other Operating Expenses	42.34	20.4	19.27	46.69	39.97	40.66
Operating Expenses	1,439	1,301	1,032	1,174	1,269	1,241
Operating Income	714.61	736.82	681.19	603.33	469.98	497.55
Interest Expense	-12.66	-36.11	-17.67	-14.97	-16.81	-23.47
Interest & Investment Income	43.98	69.72	47.84	24.35	30.8	42.18
Currency Exchange Gain (Loss)	68.42	68.42	9.34	99.64	-31.69	-38.19
Other Non Operating Income (Expenses)	-39.47	-6.43	-4.28	9.47	-10.48	-18.77
EBT Excluding Unusual Items	774.88	832.43	716.42	721.82	441.81	459.29
Gain (Loss) on Sale of Investments	13.7	-78.75	-69.87	-131.62	-27.38	232.02
Gain (Loss) on Sale of Assets	-2.21	4.37	0.1	-0.08	-2.93	-0.89
Asset Writedown	-11.17	-5.45	-2.19	0.75	-22.34	-11.88
Other Unusual Items	22.41	13.84	9.44	40.51	25.97	34.23
Pretax Income	797.75	766.59	654.27	632.17	415.39	712.77
Income Tax Expense	114.85	108.96	86.04	82.64	58.52	100.9
Earnings From Continuing Operations	682.9	657.63	568.23	549.54	356.88	611.87
Minority Interest in Earnings	-	-	-	0.5	1.38	-0.52
Net Income	682.9	657.63	568.23	550.04	358.26	611.34
Net Income to Common	682.9	657.63	568.23	550.04	358.26	611.34
Net Income Growth	47.52%	15.73%	3.31%	53.53%	-41.40%	2.22%
Shares Outstanding (Basic)	751	747	748	743	746	746
Shares Outstanding (Diluted)	751	747	748	743	746	746
Shares Change (YoY)	0.56%	-0.05%	0.59%	-0.41%	0.11%	-0.28%
EPS (Basic)	0.91	0.88	0.76	0.74	0.48	0.82
EPS (Diluted)	0.91	0.88	0.76	0.74	0.48	0.82
EPS Growth	46.69%	15.79%	2.70%	54.17%	-41.46%	2.50%
Free Cash Flow	-215.21	173.81	981.19	695.86	313.52	1,130
Free Cash Flow Per Share	-0.29	0.23	1.31	0.94	0.42	1.52
Dividend Per Share	0.260	0.440	0.400	0.400	0.330	0.330
Dividend Growth	-56.67%	10.00%	-	21.21%	-	-
Gross Margin	28.21%	27.75%	28.07%	26.82%	23.10%	27.73%
Operating Margin	9.36%	10.04%	11.16%	9.10%	6.24%	7.94%
Profit Margin	8.95%	8.96%	9.31%	8.30%	4.76%	9.75%
Free Cash Flow Margin	-2.82%	2.37%	16.07%	10.50%	4.17%	18.02%
EBITDA	838.19	866.89	819.89	751.88	620.48	661.91
EBITDA Margin	10.98%	11.81%	13.43%	11.34%	8.24%	10.56%
D&A For EBITDA	123.58	130.07	138.71	148.55	150.5	164.36
EBIT	714.61	736.82	681.19	603.33	469.98	497.55
EBIT Margin	9.36%	10.04%	11.16%	9.10%	6.24%	7.94%
Effective Tax Rate	14.40%	14.21%	13.15%	13.07%	14.09%	14.16%
Revenue as Reported	7,632	7,342	6,104	6,628	7,527	6,270
Advertising Expenses	-	64.64	73.58	46.98	44.67	40.41

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