SHE:002749 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	2,054	1,967	1,842	1,635	1,351	1,156
Other Revenue	19.23	19.23	17.98	13.06	7.2	4.21
Revenue	2,074	1,986	1,860	1,648	1,358	1,160
Revenue Growth (YoY)	6.51%	6.79%	12.82%	21.34%	17.11%	14.37%
Cost of Revenue	1,124	1,084	1,088	1,026	753.34	612.59
Gross Profit	949.19	901.94	771.47	622.3	605.14	547.46
Selling, General & Admin	418.4	400.18	355.94	339.54	300.07	245.03
Research & Development	84.97	66.94	62.74	56.39	47.69	46.86
Other Operating Expenses	10.39	4.14	4.05	7.37	4.98	3.71
Operating Expenses	517.98	474.87	425.59	419.92	363.14	296.1
Operating Income	431.21	427.06	345.87	202.38	242	251.36
Interest Expense	-0.89	-1.24	-1.41	-17.28	-18.74	-8.14
Interest & Investment Income	19.93	20.99	21.91	21.27	24.3	37.19
Currency Exchange Gain (Loss)	0.23	0.23	0.14	0.38	-	-0
Other Non Operating Income (Expenses)	-0.53	-0.86	-0.66	-12.54	-13.55	-0.6
EBT Excluding Unusual Items	449.95	446.18	365.86	194.2	234.02	279.8
Impairment of Goodwill	-	-	-	-66.87	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-	-75.37
Gain (Loss) on Sale of Assets	-0.11	0.18	0.19	-0.4	0.48	0.12
Asset Writedown	-4.37	-	-	-	-	-0.98
Other Unusual Items	10.02	0.67	5.33	21.61	6.23	3.67
Pretax Income	455.48	447.03	371.37	148.53	240.72	207.24
Income Tax Expense	60.16	61.95	50.64	33.28	36.84	36.87
Earnings From Continuing Operations	395.32	385.08	320.73	115.26	203.88	170.37
Minority Interest in Earnings	-20.03	-18.05	-18.7	-1.66	2.29	0.47
Net Income	375.29	367.03	302.04	113.59	206.17	170.84
Net Income to Common	375.29	367.03	302.04	113.59	206.17	170.84
Net Income Growth	7.46%	21.52%	165.89%	-44.90%	20.68%	-15.06%
Shares Outstanding (Basic)	463	448	431	437	430	427
Shares Outstanding (Diluted)	463	459	431	437	430	427
Shares Change (YoY)	3.67%	6.33%	-1.24%	1.72%	0.56%	-0.32%
EPS (Basic)	0.81	0.82	0.70	0.26	0.48	0.40
EPS (Diluted)	0.81	0.80	0.70	0.26	0.48	0.40
EPS Growth	3.66%	14.29%	169.23%	-45.83%	20.00%	-14.79%
Free Cash Flow	320.27	363.15	333.16	74.68	286.56	153.86
Free Cash Flow Per Share	0.69	0.79	0.77	0.17	0.67	0.36
Dividend Per Share	1.300	0.900	0.550	0.200	0.220	0.220
Dividend Growth	136.36%	63.64%	175.00%	-9.09%	-	1.90%
Gross Margin	45.78%	45.41%	41.48%	37.75%	44.55%	47.19%
Operating Margin	20.80%	21.50%	18.60%	12.28%	17.81%	21.67%
Profit Margin	18.10%	18.48%	16.24%	6.89%	15.18%	14.73%
Free Cash Flow Margin	15.45%	18.28%	17.91%	4.53%	21.09%	13.26%
EBITDA	492.62	490.46	411.91	262.61	289.41	293.41
EBITDA Margin	23.76%	24.69%	22.15%	15.93%	21.30%	25.29%
D&A For EBITDA	61.42	63.4	66.04	60.22	47.42	42.05
EBIT	431.21	427.06	345.87	202.38	242	251.36
EBIT Margin	20.80%	21.50%	18.60%	12.28%	17.81%	21.67%
Effective Tax Rate	13.21%	13.86%	13.64%	22.40%	15.30%	17.79%
Revenue as Reported	2,074	1,986	1,860	1,648	1,358	1,160
Advertising Expenses	-	15.66	13.53	-	-	-

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