SHE:002626 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	3,496	3,234	3,096	3,006	3,612	3,493
Other Revenue	5.84	5.84	6.85	3.19	4.63	11.14
Revenue	3,502	3,240	3,103	3,009	3,616	3,504
Revenue Growth (YoY)	12.06%	4.43%	3.10%	-16.78%	3.19%	9.79%
Cost of Revenue	2,107	2,002	1,967	1,867	1,905	1,688
Gross Profit	1,394	1,238	1,136	1,142	1,711	1,817
Selling, General & Admin	697.69	695.21	729.91	647.98	599.7	545.63
Research & Development	76.31	69.41	58.2	71.86	82.95	73.71
Other Operating Expenses	19.59	17.84	18.28	22.68	22.25	20.39
Operating Expenses	779.43	788.9	812.7	745.89	704.3	641.74
Operating Income	614.79	448.77	323.35	396.47	1,007	1,175
Interest Expense	-43.21	-30.17	-40.29	-36.9	-33.67	-32.7
Interest & Investment Income	65.92	40.93	30.47	19.87	17.45	50.06
Currency Exchange Gain (Loss)	19.84	19.84	29.32	54.64	-26.32	-43.79
Other Non Operating Income (Expenses)	-9.74	-1.46	-0.9	-4.83	-2.86	-0.2
EBT Excluding Unusual Items	647.61	477.91	341.95	429.25	961.54	1,148
Impairment of Goodwill	-	-	-	-114.14	-40.37	-37.03
Gain (Loss) on Sale of Investments	-8.42	-7.39	-1.56	-0.96	4.61	15.37
Gain (Loss) on Sale of Assets	-4.08	-1.75	0.48	-3.81	-1.38	0.02
Asset Writedown	-46.22	-16.54	-12.23	-16.98	-	-19.07
Legal Settlements	-	-	-	-	-3.99	-0.8
Other Unusual Items	31.77	17.29	5.97	17.38	10.77	38.7
Pretax Income	620.67	469.51	334.61	310.73	931.19	1,146
Income Tax Expense	123.57	102.48	58.42	65.59	149.32	192.3
Earnings From Continuing Operations	497.1	367.03	276.2	245.14	781.87	953.37
Minority Interest in Earnings	-15.02	-25.04	0.52	12.25	6.99	5.84
Net Income	482.09	341.99	276.71	257.4	788.86	959.21
Net Income to Common	482.09	341.99	276.71	257.4	788.86	959.21
Net Income Growth	89.83%	23.59%	7.50%	-67.37%	-17.76%	112.82%
Shares Outstanding (Basic)	610	611	615	613	612	611
Shares Outstanding (Diluted)	610	611	615	613	612	611
Shares Change (YoY)	-1.41%	-0.69%	0.34%	0.22%	0.09%	-1.04%
EPS (Basic)	0.79	0.56	0.45	0.42	1.29	1.57
EPS (Diluted)	0.79	0.56	0.45	0.42	1.29	1.57
EPS Growth	92.55%	24.44%	7.14%	-67.44%	-17.83%	115.07%
Free Cash Flow	446.9	156.54	406.87	533.43	502.77	718.12
Free Cash Flow Per Share	0.73	0.26	0.66	0.87	0.82	1.18
Dividend Per Share	0.400	0.400	0.200	0.200	0.600	0.600
Dividend Growth	100.00%	100.00%	-	-66.67%	-	-
Gross Margin	39.82%	38.20%	36.62%	37.96%	47.32%	51.84%
Operating Margin	17.56%	13.85%	10.42%	13.18%	27.84%	33.53%
Profit Margin	13.77%	10.55%	8.92%	8.55%	21.82%	27.37%
Free Cash Flow Margin	12.76%	4.83%	13.11%	17.73%	13.90%	20.49%
EBITDA	775.03	610.85	487.89	560.48	1,143	1,287
EBITDA Margin	22.13%	18.85%	15.72%	18.63%	31.61%	36.73%
D&A For EBITDA	160.24	162.08	164.54	164.01	135.95	112.22
EBIT	614.79	448.77	323.35	396.47	1,007	1,175
EBIT Margin	17.56%	13.85%	10.42%	13.18%	27.84%	33.53%
Effective Tax Rate	19.91%	21.83%	17.46%	21.11%	16.04%	16.79%
Revenue as Reported	3,502	3,240	3,103	3,009	3,616	3,504

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