SHE:002818 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	1,204	1,359	1,452	1,373	1,421	1,255
Other Revenue	71.01	71.01	72.2	109.27	116.06	73.02
Revenue	1,275	1,430	1,524	1,483	1,537	1,328
Revenue Growth (YoY)	-11.78%	-6.18%	2.79%	-3.52%	15.76%	-18.02%
Cost of Revenue	444.79	468.39	454.47	460.1	460.14	430.85
Gross Profit	830.21	961.49	1,070	1,023	1,077	896.75
Selling, General & Admin	65.31	70.14	81.66	79.96	84.54	61.67
Other Operating Expenses	86.18	94.85	86.53	74.08	80.94	72.53
Operating Expenses	155.9	168.9	172.37	155.85	168.34	137.18
Operating Income	674.32	792.59	897.23	866.78	908.33	759.57
Interest Expense	-0.56	-0.57	-0.38	-0.5	-2	-0.52
Interest & Investment Income	50.48	65.13	116.1	81.26	105.83	88.33
Other Non Operating Income (Expenses)	-0.17	-1.13	-1.06	-0.99	-1.65	-1.13
EBT Excluding Unusual Items	724.06	856.02	1,012	946.55	1,011	846.25
Gain (Loss) on Sale of Investments	29.37	-14.58	-50.63	-5.9	84.01	70.02
Gain (Loss) on Sale of Assets	-0	-	0.02	-0.02	0.01	0
Asset Writedown	4.74	-0.51	-0.02	-0.1	-0.62	-0.02
Other Unusual Items	-3.05	-3.56	6.53	2.82	2.7	5.95
Pretax Income	755.12	837.36	967.79	943.36	1,097	922.2
Income Tax Expense	124.83	134.75	141.8	138.94	160.66	139.39
Earnings From Continuing Operations	630.29	702.61	826	804.41	935.94	782.81
Minority Interest in Earnings	-8.86	-12.35	-19.73	-21.36	-17.75	-9.51
Net Income	621.43	690.26	806.27	783.05	918.19	773.3
Net Income to Common	621.43	690.26	806.27	783.05	918.19	773.3
Net Income Growth	-15.59%	-14.39%	2.96%	-14.72%	18.74%	-3.47%
Shares Outstanding (Basic)	749	750	747	746	753	751
Shares Outstanding (Diluted)	749	750	747	746	753	751
Shares Change (YoY)	0.60%	0.50%	0.10%	-0.91%	0.25%	-0.66%
EPS (Basic)	0.83	0.92	1.08	1.05	1.22	1.03
EPS (Diluted)	0.83	0.92	1.08	1.05	1.22	1.03
EPS Growth	-16.10%	-14.82%	2.86%	-13.93%	18.45%	-2.83%
Free Cash Flow	904.06	761.77	456.28	823.15	534.97	156.03
Free Cash Flow Per Share	1.21	1.01	0.61	1.10	0.71	0.21
Dividend Per Share	1.440	1.080	1.080	1.080	0.800	0.600
Dividend Growth	111.77%	-	-	35.00%	33.33%	71.43%
Gross Margin	65.11%	67.24%	70.18%	68.97%	70.06%	67.55%
Operating Margin	52.89%	55.43%	58.87%	58.46%	59.10%	57.21%
Profit Margin	48.74%	48.27%	52.90%	52.81%	59.75%	58.25%
Free Cash Flow Margin	70.91%	53.27%	29.94%	55.52%	34.81%	11.75%
EBITDA	941.69	1,026	1,086	1,062	1,112	990.35
EBITDA Margin	73.86%	71.76%	71.23%	71.61%	72.33%	74.60%
D&A For EBITDA	267.37	233.48	188.29	195.08	203.24	230.78
EBIT	674.32	792.59	897.23	866.78	908.33	759.57
EBIT Margin	52.89%	55.43%	58.87%	58.46%	59.10%	57.21%
Effective Tax Rate	16.53%	16.09%	14.65%	14.73%	14.65%	15.12%
Revenue as Reported	1,275	1,430	1,524	1,483	1,537	1,328
Advertising Expenses	-	1	1.74	1.41	2.71	4.35

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