SHE:002772 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	1,991	1,933	1,931	1,970	1,556	1,483
Other Revenue	2.7	2.7	0.15	-	-	-
Revenue	1,994	1,935	1,931	1,970	1,556	1,483
Revenue Growth (YoY)	5.23%	0.21%	-1.99%	26.61%	4.92%	28.32%
Cost of Revenue	1,512	1,545	1,494	1,473	1,268	1,075
Gross Profit	482.45	390.27	436.86	497.69	287.97	408.35
Selling, General & Admin	243.11	242.97	241.43	242.26	208.75	200.85
Research & Development	14.34	15.51	12.92	10.41	7.17	7.21
Other Operating Expenses	1.51	3.24	1.03	-0.12	0.39	2.21
Operating Expenses	259.51	262.4	254.98	253.49	216.13	210.18
Operating Income	222.94	127.87	181.88	244.21	71.85	198.17
Interest Expense	-61.33	-76.85	-83.61	-90.49	-80.87	-85.55
Interest & Investment Income	47.34	47.18	46.37	42.64	57.93	46.52
Currency Exchange Gain (Loss)	-4.15	-4.15	4.77	2.11	-7.69	3.07
Other Non Operating Income (Expenses)	6.14	-0.29	-0.16	-0.43	-0.19	0.63
EBT Excluding Unusual Items	210.94	93.76	149.26	198.04	41.04	162.84
Gain (Loss) on Sale of Investments	18.41	15.22	-10.56	-53.62	13.43	3.5
Gain (Loss) on Sale of Assets	-7.72	-2.49	0.01	0.18	-0.03	-
Asset Writedown	0.64	-0.15	-0.06	-0.08	-0	-0.01
Other Unusual Items	20.57	20.27	20.9	14.38	-0.35	22.95
Pretax Income	242.83	126.6	159.56	158.9	54.32	189.5
Income Tax Expense	-	-	-	0	-	-
Earnings From Continuing Operations	242.83	126.6	159.56	158.89	54.32	189.5
Minority Interest in Earnings	0.9	1.43	0.03	-0.54	0.65	-0.54
Net Income	243.73	128.03	159.58	158.35	54.97	188.96
Net Income to Common	243.73	128.03	159.58	158.35	54.97	188.96
Net Income Growth	235.22%	-19.77%	0.78%	188.08%	-70.91%	176.24%
Shares Outstanding (Basic)	378	392	408	396	393	337
Shares Outstanding (Diluted)	378	392	408	396	393	337
Shares Change (YoY)	-7.33%	-3.89%	2.94%	0.83%	16.36%	-6.28%
EPS (Basic)	0.64	0.33	0.39	0.40	0.14	0.56
EPS (Diluted)	0.64	0.33	0.39	0.40	0.14	0.56
EPS Growth	261.75%	-16.52%	-2.10%	185.71%	-75.00%	194.74%
Free Cash Flow	1.37	249.36	395.48	247.84	-700.15	9.58
Free Cash Flow Per Share	0.00	0.64	0.97	0.63	-1.78	0.03
Dividend Per Share	0.450	0.300	0.300	0.300	0.100	0.100
Dividend Growth	50.00%	-	-	200.00%	-	-
Gross Margin	24.19%	20.17%	22.62%	25.26%	18.51%	27.53%
Operating Margin	11.18%	6.61%	9.42%	12.39%	4.62%	13.36%
Profit Margin	12.22%	6.62%	8.26%	8.04%	3.53%	12.74%
Free Cash Flow Margin	0.07%	12.89%	20.48%	12.58%	-44.99%	0.65%
EBITDA	522.52	414.22	450.58	519.59	329.32	422.29
EBITDA Margin	26.20%	21.40%	23.33%	26.37%	21.16%	28.47%
D&A For EBITDA	299.58	286.35	268.7	275.39	257.48	224.12
EBIT	222.94	127.87	181.88	244.21	71.85	198.17
EBIT Margin	11.18%	6.61%	9.42%	12.39%	4.62%	13.36%
Effective Tax Rate	-	-	-	0.00%	-	-
Revenue as Reported	1,994	1,935	1,931	1,970	1,556	1,483

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