SHE:002823 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	2,604	2,759	2,710	2,431	2,197	1,773
Other Revenue	291.05	291.05	313.78	231.44	250.52	147.96
Revenue	2,895	3,050	3,024	2,662	2,447	1,921
Revenue Growth (YoY)	-7.10%	0.85%	13.60%	8.77%	27.42%	-5.09%
Cost of Revenue	2,328	2,516	2,585	2,295	2,100	1,558
Gross Profit	566.97	533.29	438.89	367.02	347.81	363.05
Selling, General & Admin	186.33	202.12	180.35	200.15	195.81	164.66
Research & Development	72.73	76.06	93.12	91.27	72.23	84.96
Other Operating Expenses	13.59	9.73	13.87	17.18	17.02	14.05
Operating Expenses	270.05	287.55	289.38	307.55	283.43	268.98
Operating Income	296.92	245.74	149.51	59.46	64.38	94.07
Interest Expense	-35.58	-53.75	-69.53	-66.59	-59.51	-51.44
Interest & Investment Income	0.79	1.08	0.5	12.45	2.98	95.32
Currency Exchange Gain (Loss)	-3.79	-3.79	23.43	18.13	-30.77	-4.38
Other Non Operating Income (Expenses)	9.67	-12.65	-15.03	-7.45	-7.54	-4.95
EBT Excluding Unusual Items	268.01	176.64	88.88	16	-30.46	128.61
Impairment of Goodwill	-	-	-	-	-	-62.75
Gain (Loss) on Sale of Investments	-9.7	-0.04	-23.22	-15.95	8.64	-
Gain (Loss) on Sale of Assets	0.56	1.15	0.5	-0.12	-3.2	-0
Asset Writedown	-7.85	-1.14	-3.31	-0.63	-2.62	-2.76
Legal Settlements	-	-	-	-0.77	-	-
Other Unusual Items	18.82	18.82	19.47	26.35	40.85	34.85
Pretax Income	269.84	195.43	82.31	24.87	13.2	97.94
Income Tax Expense	36.6	25.32	5.59	0.09	0.45	14.26
Net Income	233.24	170.11	76.72	24.78	12.74	83.69
Net Income to Common	233.24	170.11	76.72	24.78	12.74	83.69
Net Income Growth	55.51%	121.73%	209.54%	94.48%	-84.77%	27.55%
Shares Outstanding (Basic)	276	279	284	275	319	289
Shares Outstanding (Diluted)	276	279	284	275	319	289
Shares Change (YoY)	-6.31%	-1.86%	3.18%	-13.56%	10.40%	1.16%
EPS (Basic)	0.84	0.61	0.27	0.09	0.04	0.29
EPS (Diluted)	0.84	0.61	0.27	0.09	0.04	0.29
EPS Growth	65.99%	125.93%	200.00%	125.00%	-86.21%	26.09%
Free Cash Flow	425.04	254.41	51.43	35.71	-218.55	-25
Free Cash Flow Per Share	1.54	0.91	0.18	0.13	-0.69	-0.09
Dividend Per Share	0.153	0.412	0.080	0.035	0.010	0.104
Dividend Growth	-55.10%	412.35%	129.95%	246.38%	-90.33%	51.45%
Gross Margin	19.58%	17.49%	14.51%	13.79%	14.21%	18.90%
Operating Margin	10.26%	8.06%	4.94%	2.23%	2.63%	4.90%
Profit Margin	8.06%	5.58%	2.54%	0.93%	0.52%	4.36%
Free Cash Flow Margin	14.68%	8.34%	1.70%	1.34%	-8.93%	-1.30%
EBITDA	513.34	453.73	346.25	234.76	235.4	252.29
EBITDA Margin	17.73%	14.88%	11.45%	8.82%	9.62%	13.14%
D&A For EBITDA	216.42	207.99	196.75	175.29	171.02	158.22
EBIT	296.92	245.74	149.51	59.46	64.38	94.07
EBIT Margin	10.26%	8.06%	4.94%	2.23%	2.63%	4.90%
Effective Tax Rate	13.56%	12.96%	6.79%	0.34%	3.44%	14.56%
Revenue as Reported	2,895	3,050	3,024	2,662	2,447	1,921

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