SHE:002690 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	2,390	2,274	2,389	2,050	1,789	1,478
Other Revenue	36.41	36.41	36.32	67.42	24.03	17.69
Revenue	2,427	2,311	2,425	2,117	1,813	1,496
Revenue Growth (YoY)	3.44%	-4.73%	14.55%	16.79%	21.18%	-0.32%
Cost of Revenue	1,161	1,146	1,196	995.82	889.8	720.86
Gross Profit	1,266	1,165	1,229	1,121	923.08	775.11
Selling, General & Admin	398.72	401.98	366.2	332.91	292.01	233.78
Research & Development	175.96	159.53	148.69	122.57	123.43	104.31
Other Operating Expenses	-50.58	-51.24	-54.77	-51.72	-49.59	-38.98
Operating Expenses	517.48	506.39	476.21	411.81	364.25	305.19
Operating Income	748.27	658.48	753.12	709.63	558.83	469.92
Interest & Investment Income	52.19	46.07	43.47	29.61	30.75	47.47
Currency Exchange Gain (Loss)	19.46	19.46	8.38	79.38	-14.77	-27.08
Other Non Operating Income (Expenses)	-11.01	-1.18	35.87	-1.12	-1.8	-1.4
EBT Excluding Unusual Items	808.91	722.84	840.83	817.5	573.01	488.91
Gain (Loss) on Sale of Investments	-1.14	0.6	0.08	-0.59	1.07	-
Gain (Loss) on Sale of Assets	-0.06	-	-	-	-	-
Asset Writedown	-3.98	-0.01	0.01	-7.02	-0.47	-0.02
Other Unusual Items	21.21	20.87	20.05	28.2	7.87	15.79
Pretax Income	824.95	744.29	860.98	838.08	581.48	504.68
Income Tax Expense	106.94	95.12	116.15	107.97	70.39	66.49
Earnings From Continuing Operations	718.01	649.17	744.83	730.11	511.09	438.19
Net Income	718.01	649.17	744.83	730.11	511.09	438.19
Net Income to Common	718.01	649.17	744.83	730.11	511.09	438.19
Net Income Growth	13.66%	-12.84%	2.02%	42.85%	16.64%	-19.53%
Shares Outstanding (Basic)	880	881	881	881	879	879
Shares Outstanding (Diluted)	880	881	881	881	879	879
Shares Change (YoY)	-0.10%	0.01%	-0.05%	0.25%	-0.01%	0.01%
EPS (Basic)	0.82	0.74	0.85	0.83	0.58	0.50
EPS (Diluted)	0.82	0.74	0.85	0.83	0.58	0.50
EPS Growth	13.77%	-12.85%	2.06%	42.50%	16.65%	-19.54%
Free Cash Flow	1,017	858.42	641.69	240.1	477.16	323
Free Cash Flow Per Share	1.16	0.97	0.73	0.27	0.54	0.37
Dividend Per Share	0.700	0.700	0.700	0.700	0.615	0.615
Dividend Growth	-	-	-	13.75%	-	-
Gross Margin	52.16%	50.41%	50.69%	52.97%	50.92%	51.81%
Operating Margin	30.83%	28.50%	31.05%	33.52%	30.83%	31.41%
Profit Margin	29.59%	28.09%	30.71%	34.48%	28.19%	29.29%
Free Cash Flow Margin	41.89%	37.15%	26.46%	11.34%	26.32%	21.59%
EBITDA	780.71	691.45	786.79	738.52	583.62	486.7
EBITDA Margin	32.17%	29.92%	32.44%	34.88%	32.19%	32.53%
D&A For EBITDA	32.44	32.97	33.67	28.9	24.78	16.77
EBIT	748.27	658.48	753.12	709.63	558.83	469.92
EBIT Margin	30.83%	28.50%	31.05%	33.52%	30.83%	31.41%
Effective Tax Rate	12.96%	12.78%	13.49%	12.88%	12.11%	13.18%
Revenue as Reported	2,427	2,311	2,425	2,117	1,813	1,496
Advertising Expenses	-	9.06	7.65	2.55	3.62	3.95

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