SHE:002600 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	49,434	43,366	33,495	33,832	29,987	27,875
Other Revenue	845.54	845.54	628.76	652.64	397.3	267.39
Revenue	50,280	44,211	34,124	34,485	30,384	28,143
Revenue Growth (YoY)	22.64%	29.56%	-1.05%	13.49%	7.97%	17.67%
Cost of Revenue	42,672	37,845	27,748	27,696	25,816	22,088
Gross Profit	7,608	6,366	6,376	6,788	4,568	6,054
Selling, General & Admin	2,191	1,766	1,723	1,753	1,500	1,223
Research & Development	2,332	1,962	1,798	2,074	1,689	1,732
Other Operating Expenses	173.56	195.83	153.82	210.24	140.46	146.45
Operating Expenses	4,804	4,073	3,663	4,029	3,405	3,246
Operating Income	2,804	2,294	2,714	2,760	1,163	2,808
Interest Expense	-326.36	-304.11	-348.49	-356.98	-253	-253.7
Interest & Investment Income	160.89	70.98	153.94	218.7	53.65	31.13
Currency Exchange Gain (Loss)	203.34	203.34	94.25	188.85	-115.35	-280.99
Other Non Operating Income (Expenses)	33.03	70.07	204.25	0.51	-16.59	-27.26
EBT Excluding Unusual Items	2,875	2,334	2,817	2,811	831.64	2,277
Impairment of Goodwill	-128.68	-128.68	-65.62	-393.92	-82.16	-
Gain (Loss) on Sale of Investments	-5.79	-179.16	-199.81	-144.2	130.42	7.9
Gain (Loss) on Sale of Assets	29.36	1.9	11.34	-41.46	-19.4	-13.1
Asset Writedown	-138.58	-60.9	-256.98	-384.01	-45.99	-24.58
Other Unusual Items	227.24	227.24	215.07	151.36	271.2	187.53
Pretax Income	2,858	2,194	2,521	1,999	1,086	2,435
Income Tax Expense	541.39	435.64	474.14	408.48	-98	166.95
Earnings From Continuing Operations	2,317	1,759	2,047	1,590	1,184	2,268
Minority Interest in Earnings	-32.15	-5.13	3.58	6	-3.61	-1.99
Net Income	2,285	1,753	2,051	1,596	1,180	2,266
Net Income to Common	2,285	1,753	2,051	1,596	1,180	2,266
Net Income Growth	43.54%	-14.50%	28.50%	35.25%	-47.93%	19.59%
Shares Outstanding (Basic)	6,925	7,014	7,072	6,939	6,942	6,867
Shares Outstanding (Diluted)	7,118	7,014	7,072	7,255	6,942	7,082
Shares Change (YoY)	-0.69%	-0.82%	-2.52%	4.51%	-1.98%	0.91%
EPS (Basic)	0.33	0.25	0.29	0.23	0.17	0.33
EPS (Diluted)	0.32	0.25	0.29	0.22	0.17	0.32
EPS Growth	44.53%	-13.79%	31.82%	29.41%	-46.88%	18.52%
Free Cash Flow	328.61	399.34	3,014	1,907	-4,412	-354.5
Free Cash Flow Per Share	0.05	0.06	0.43	0.26	-0.64	-0.05
Dividend Per Share	0.040	0.020	0.060	0.116	-	0.200
Dividend Growth	33.33%	-66.67%	-48.05%	-	-	-
Gross Margin	15.13%	14.40%	18.68%	19.68%	15.04%	21.51%
Operating Margin	5.58%	5.19%	7.95%	8.00%	3.83%	9.98%
Profit Margin	4.54%	3.97%	6.01%	4.63%	3.88%	8.05%
Free Cash Flow Margin	0.65%	0.90%	8.83%	5.53%	-14.52%	-1.26%
EBITDA	4,734	4,097	4,348	4,355	2,446	3,786
EBITDA Margin	9.42%	9.27%	12.74%	12.63%	8.05%	13.45%
D&A For EBITDA	1,931	1,804	1,635	1,596	1,283	977.51
EBIT	2,804	2,294	2,714	2,760	1,163	2,808
EBIT Margin	5.58%	5.19%	7.95%	8.00%	3.83%	9.98%
Effective Tax Rate	18.94%	19.85%	18.80%	20.44%	-	6.86%
Revenue as Reported	50,280	44,211	34,124	34,485	30,384	28,143

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