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	2015 - 2019
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	2015 - 2019
Operating Revenue	1,991	1,933	1,931	1,970	1,556	1,483	Upgrade
Other Revenue	2.7	2.7	0.15	-	-	-	Upgrade
Revenue	1,994	1,935	1,931	1,970	1,556	1,483	Upgrade
Revenue Growth (YoY)	5.23%	0.21%	-1.99%	26.61%	4.92%	28.32%	Upgrade
Cost of Revenue	1,512	1,545	1,494	1,473	1,268	1,075	Upgrade
Gross Profit	482.45	390.27	436.86	497.69	287.97	408.35	Upgrade
Selling, General & Admin	243.11	242.97	241.43	242.26	208.75	200.85	Upgrade
Research & Development	14.34	15.51	12.92	10.41	7.17	7.21	Upgrade
Other Operating Expenses	1.51	3.24	1.03	-0.12	0.39	2.21	Upgrade
Operating Expenses	259.51	262.4	254.98	253.49	216.13	210.18	Upgrade
Operating Income	222.94	127.87	181.88	244.21	71.85	198.17	Upgrade
Interest Expense	-61.33	-76.85	-83.61	-90.49	-80.87	-85.55	Upgrade
Interest & Investment Income	47.34	47.18	46.37	42.64	57.93	46.52	Upgrade
Currency Exchange Gain (Loss)	-4.15	-4.15	4.77	2.11	-7.69	3.07	Upgrade
Other Non Operating Income (Expenses)	6.14	-0.29	-0.16	-0.43	-0.19	0.63	Upgrade
EBT Excluding Unusual Items	210.94	93.76	149.26	198.04	41.04	162.84	Upgrade
Gain (Loss) on Sale of Investments	18.41	15.22	-10.56	-53.62	13.43	3.5	Upgrade
Gain (Loss) on Sale of Assets	-7.72	-2.49	0.01	0.18	-0.03	-	Upgrade
Asset Writedown	0.64	-0.15	-0.06	-0.08	-0	-0.01	Upgrade
Other Unusual Items	20.57	20.27	20.9	14.38	-0.35	22.95	Upgrade
Pretax Income	242.83	126.6	159.56	158.9	54.32	189.5	Upgrade
Income Tax Expense	-	-	-	0	-	-	Upgrade
Earnings From Continuing Operations	242.83	126.6	159.56	158.89	54.32	189.5	Upgrade
Minority Interest in Earnings	0.9	1.43	0.03	-0.54	0.65	-0.54	Upgrade
Net Income	243.73	128.03	159.58	158.35	54.97	188.96	Upgrade
Net Income to Common	243.73	128.03	159.58	158.35	54.97	188.96	Upgrade
Net Income Growth	235.22%	-19.77%	0.78%	188.08%	-70.91%	176.24%	Upgrade
Shares Outstanding (Basic)	378	392	408	396	393	337	Upgrade
Shares Outstanding (Diluted)	378	392	408	396	393	337	Upgrade
Shares Change (YoY)	-7.33%	-3.89%	2.94%	0.83%	16.36%	-6.28%	Upgrade
EPS (Basic)	0.64	0.33	0.39	0.40	0.14	0.56	Upgrade
EPS (Diluted)	0.64	0.33	0.39	0.40	0.14	0.56	Upgrade
EPS Growth	261.75%	-16.52%	-2.10%	185.71%	-75.00%	194.74%	Upgrade
Free Cash Flow	1.37	249.36	395.48	247.84	-700.15	9.58	Upgrade
Free Cash Flow Per Share	0.00	0.64	0.97	0.63	-1.78	0.03	Upgrade
Dividend Per Share	0.450	0.300	0.300	0.300	0.100	0.100	Upgrade
Dividend Growth	50.00%	-	-	200.00%	-	-	Upgrade
Gross Margin	24.19%	20.17%	22.62%	25.26%	18.51%	27.53%	Upgrade
Operating Margin	11.18%	6.61%	9.42%	12.39%	4.62%	13.36%	Upgrade
Profit Margin	12.22%	6.62%	8.26%	8.04%	3.53%	12.74%	Upgrade
Free Cash Flow Margin	0.07%	12.89%	20.48%	12.58%	-44.99%	0.65%	Upgrade
EBITDA	522.52	414.22	450.58	519.59	329.32	422.29	Upgrade
EBITDA Margin	26.20%	21.40%	23.33%	26.37%	21.16%	28.47%	Upgrade
D&A For EBITDA	299.58	286.35	268.7	275.39	257.48	224.12	Upgrade
EBIT	222.94	127.87	181.88	244.21	71.85	198.17	Upgrade
EBIT Margin	11.18%	6.61%	9.42%	12.39%	4.62%	13.36%	Upgrade
Effective Tax Rate	-	-	-	0.00%	-	-	Upgrade
Revenue as Reported	1,994	1,935	1,931	1,970	1,556	1,483	Upgrade

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