SHE:002595 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	10,359	8,648	7,031	6,523	5,927	5,192
Other Revenue	165.6	165.6	134.93	118.79	81.4	102.32
Revenue	10,525	8,813	7,166	6,642	6,008	5,294
Revenue Growth (YoY)	27.90%	22.99%	7.88%	10.55%	13.48%	20.68%
Cost of Revenue	6,977	5,813	4,730	4,787	4,302	3,683
Gross Profit	3,547	3,001	2,436	1,855	1,706	1,611
Selling, General & Admin	329.93	293.25	226.03	222.81	210.79	177.01
Research & Development	590.07	463.14	355.75	295.17	259.42	200.13
Other Operating Expenses	142.52	80.3	76.52	59.23	60.06	59.99
Operating Expenses	1,102	864.02	661.14	596.36	540.09	442.83
Operating Income	2,445	2,137	1,775	1,259	1,166	1,169
Interest Expense	-	-4.89	-4.16	-7.49	-15.35	-17.8
Interest & Investment Income	67.35	66.48	43.64	33.02	38.5	26.15
Currency Exchange Gain (Loss)	3.61	3.61	22.57	70.22	-38.83	-39.16
Other Non Operating Income (Expenses)	72.95	-6.26	-4.33	-1.44	0.38	-1.96
EBT Excluding Unusual Items	2,589	2,196	1,832	1,353	1,151	1,136
Gain (Loss) on Sale of Investments	-	-0.08	-4.25	-15.53	5.7	0.14
Gain (Loss) on Sale of Assets	-3.05	-1.6	3.28	2.57	8.13	5.98
Asset Writedown	-3.34	-1.03	-1.14	-2.78	-3.41	-3.26
Other Unusual Items	146.71	99.86	13.98	15.59	35.24	31.77
Pretax Income	2,730	2,293	1,844	1,353	1,197	1,170
Income Tax Expense	345.69	279.14	232.6	153.16	145.31	163.49
Earnings From Continuing Operations	2,384	2,014	1,612	1,200	1,051	1,007
Minority Interest in Earnings	-1.11	-2.31	0.45	0.38	1.88	0.27
Net Income	2,383	2,011	1,612	1,200	1,053	1,007
Net Income to Common	2,383	2,011	1,612	1,200	1,053	1,007
Net Income Growth	28.09%	24.77%	34.33%	13.95%	4.56%	16.74%
Shares Outstanding (Basic)	798	795	794	797	800	800
Shares Outstanding (Diluted)	798	795	794	797	800	800
Shares Change (YoY)	0.50%	0.13%	-0.43%	-0.33%	-0.00%	0.01%
EPS (Basic)	2.99	2.53	2.03	1.51	1.32	1.26
EPS (Diluted)	2.99	2.53	2.03	1.51	1.32	1.26
EPS Growth	27.46%	24.61%	34.91%	14.33%	4.57%	16.74%
Free Cash Flow	188.92	767.17	1,303	186.74	-91.67	-342.67
Free Cash Flow Per Share	0.24	0.96	1.64	0.23	-0.12	-0.43
Dividend Per Share	0.400	0.775	0.625	0.375	0.750	0.375
Dividend Growth	-60.00%	24.00%	66.67%	-50.00%	100.00%	-
Gross Margin	33.70%	34.05%	33.99%	27.93%	28.40%	30.44%
Operating Margin	23.23%	24.25%	24.77%	18.95%	19.41%	22.07%
Profit Margin	22.64%	22.82%	22.50%	18.07%	17.53%	19.02%
Free Cash Flow Margin	1.80%	8.71%	18.18%	2.81%	-1.53%	-6.47%
EBITDA	2,789	2,465	2,083	1,547	1,426	1,408
EBITDA Margin	26.50%	27.97%	29.06%	23.29%	23.74%	26.59%
D&A For EBITDA	343.21	328.09	307.92	288.24	259.88	239.23
EBIT	2,445	2,137	1,775	1,259	1,166	1,169
EBIT Margin	23.23%	24.25%	24.77%	18.95%	19.41%	22.07%
Effective Tax Rate	12.66%	12.17%	12.61%	11.32%	12.14%	13.97%
Revenue as Reported	10,525	8,813	7,166	6,642	6,008	5,294
Advertising Expenses	-	3.71	4.32	1.84	0.86	0.86

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