SHE:002559 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	2,074	1,980	1,861	1,759	1,943	1,600
Other Revenue	77.45	77.45	67.21	71.28	55.8	39.08
Revenue	2,152	2,057	1,928	1,830	1,999	1,639
Revenue Growth (YoY)	13.15%	6.71%	5.35%	-8.45%	22.00%	11.61%
Cost of Revenue	1,724	1,614	1,514	1,386	1,492	1,202
Gross Profit	427.45	443.02	414.22	444.4	507.25	436.33
Selling, General & Admin	237.58	232.51	217.14	225.75	227.13	194.07
Research & Development	148.96	150.1	121.17	138.74	122.86	120.86
Other Operating Expenses	-16.45	-6.38	0.68	1.52	-0.82	1.49
Operating Expenses	371.66	380.13	358.82	390.58	358.25	318.52
Operating Income	55.79	62.89	55.39	53.82	149	117.81
Interest Expense	-23	-22.03	-21.24	-19.71	-18.06	-12.01
Interest & Investment Income	25.41	28.92	77.07	21.52	21.42	23.61
Currency Exchange Gain (Loss)	-1.31	-1.31	6.65	13.2	-6.25	-3.3
Other Non Operating Income (Expenses)	7.47	-1.11	-1.42	-3.41	-1.44	-8.21
EBT Excluding Unusual Items	64.35	67.35	116.45	65.42	144.66	117.9
Impairment of Goodwill	-14.34	-14.34	-6.54	-4.2	-	-
Gain (Loss) on Sale of Investments	-24.17	-27.87	-24.86	-238.59	-62.33	-2.59
Gain (Loss) on Sale of Assets	-0.03	0	-	0.06	0.12	-0.33
Asset Writedown	1.65	-0.69	-0.12	-0	-0.97	-7.44
Legal Settlements	-0.3	-0.3	-10.99	-	-	-5.3
Other Unusual Items	27.06	27.15	13.2	21.57	26.59	41.75
Pretax Income	54.22	51.3	87.14	-155.75	108.08	143.99
Income Tax Expense	18.92	3.27	4.67	14.55	24.74	18.85
Earnings From Continuing Operations	35.3	48.03	82.47	-170.3	83.34	125.14
Minority Interest in Earnings	39.91	26.97	16.38	177.78	46.32	10.5
Net Income	75.22	75	98.85	7.48	129.66	135.64
Net Income to Common	75.22	75	98.85	7.48	129.66	135.64
Net Income Growth	-24.89%	-24.13%	1221.51%	-94.23%	-4.41%	39.74%
Shares Outstanding (Basic)	544	549	550	546	551	559
Shares Outstanding (Diluted)	544	549	550	546	551	559
Shares Change (YoY)	-1.03%	-0.21%	0.69%	-0.87%	-1.45%	1.97%
EPS (Basic)	0.14	0.14	0.18	0.01	0.24	0.24
EPS (Diluted)	0.14	0.14	0.18	0.01	0.24	0.24
EPS Growth	-24.11%	-23.97%	1212.41%	-94.18%	-3.01%	37.04%
Free Cash Flow	233.31	-102.1	48.21	-67.02	111.76	210.27
Free Cash Flow Per Share	0.43	-0.19	0.09	-0.12	0.20	0.38
Dividend Per Share	0.075	0.075	0.100	0.150	0.150	0.150
Dividend Growth	-25.00%	-25.00%	-33.33%	-	-	200.00%
Gross Margin	19.86%	21.53%	21.48%	24.28%	25.37%	26.63%
Operating Margin	2.59%	3.06%	2.87%	2.94%	7.45%	7.19%
Profit Margin	3.50%	3.65%	5.13%	0.41%	6.49%	8.28%
Free Cash Flow Margin	10.84%	-4.96%	2.50%	-3.66%	5.59%	12.83%
EBITDA	109.07	117.5	111.76	106.31	208.08	174.55
EBITDA Margin	5.07%	5.71%	5.80%	5.81%	10.41%	10.65%
D&A For EBITDA	53.29	54.61	56.36	52.49	59.08	56.74
EBIT	55.79	62.89	55.39	53.82	149	117.81
EBIT Margin	2.59%	3.06%	2.87%	2.94%	7.45%	7.19%
Effective Tax Rate	34.89%	6.37%	5.36%	-	22.89%	13.09%
Revenue as Reported	2,152	2,057	1,928	1,830	1,999	1,639
Advertising Expenses	-	8.54	6.67	4.53	9.1	10.67

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