SHE:002950 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	3,440	3,293	2,707	4,195	2,888	3,796
Other Revenue	33.12	33.12	49.4	15.78	37.44	38.58
Revenue	3,473	3,326	2,757	4,211	2,926	3,834
Revenue Growth (YoY)	8.92%	20.66%	-34.53%	43.92%	-23.70%	63.00%
Cost of Revenue	2,453	2,398	2,099	2,812	2,053	2,224
Gross Profit	1,020	928.04	657.93	1,399	872.17	1,610
Selling, General & Admin	362.11	374.65	386.38	446.53	367.52	286.51
Research & Development	125.11	106.37	77.37	107.74	94.58	118.13
Other Operating Expenses	14.08	10.49	13.82	26.47	19.13	4.81
Operating Expenses	499.23	494.41	478.51	582.45	484.52	410.9
Operating Income	520.74	433.64	179.42	816.21	387.65	1,200
Interest Expense	-14.44	-25.53	-31.87	-35.47	-17.18	-17.66
Interest & Investment Income	9.42	7.16	1.87	3.09	39.97	50.58
Currency Exchange Gain (Loss)	17.15	17.15	-8.57	-140.63	33.41	23.62
Other Non Operating Income (Expenses)	1.86	-1.27	-2	-6.3	-6.34	-0.92
EBT Excluding Unusual Items	534.73	431.15	138.85	636.9	437.51	1,255
Gain (Loss) on Sale of Investments	-17.08	-23.28	-6.88	-160.19	6.13	0.48
Gain (Loss) on Sale of Assets	29.37	28.79	-0.07	3.5	1.94	26.34
Asset Writedown	-21.41	-9.14	0.5	-16.8	-0.12	-0.08
Other Unusual Items	26.2	26.87	36.65	21.49	59.79	56.54
Pretax Income	551.81	454.39	169.04	484.9	505.49	1,339
Income Tax Expense	93.82	85.59	64.83	80.26	73.53	178.2
Earnings From Continuing Operations	458	368.8	104.22	404.64	431.96	1,160
Minority Interest in Earnings	-5.68	-0.12	6.18	2.15	-0.75	-2.94
Net Income	452.32	368.68	110.4	406.79	431.21	1,158
Net Income to Common	452.32	368.68	110.4	406.79	431.21	1,158
Net Income Growth	100.89%	233.95%	-72.86%	-5.66%	-62.75%	255.27%
Shares Outstanding (Basic)	629	625	633	633	632	633
Shares Outstanding (Diluted)	629	625	633	633	632	633
Shares Change (YoY)	0.15%	-1.33%	0.02%	0.17%	-0.05%	2.81%
EPS (Basic)	0.72	0.59	0.17	0.64	0.68	1.83
EPS (Diluted)	0.72	0.59	0.17	0.64	0.68	1.83
EPS Growth	100.59%	238.44%	-72.87%	-5.82%	-62.73%	245.58%
Free Cash Flow	565.96	554.64	137.02	751.68	84.16	1,193
Free Cash Flow Per Share	0.90	0.89	0.22	1.19	0.13	1.89
Dividend Per Share	0.060	0.060	0.027	0.060	0.210	0.880
Dividend Growth	122.22%	122.22%	-55.00%	-71.43%	-76.14%	120.00%
Gross Margin	29.37%	27.90%	23.87%	33.22%	29.81%	42.00%
Operating Margin	14.99%	13.04%	6.51%	19.38%	13.25%	31.28%
Profit Margin	13.03%	11.08%	4.00%	9.66%	14.74%	30.19%
Free Cash Flow Margin	16.30%	16.68%	4.97%	17.85%	2.88%	31.12%
EBITDA	751.53	661.52	403.43	1,008	532.77	1,342
EBITDA Margin	21.64%	19.89%	14.64%	23.95%	18.21%	34.99%
D&A For EBITDA	230.78	227.88	224	192.2	145.12	142.22
EBIT	520.74	433.64	179.42	816.21	387.65	1,200
EBIT Margin	14.99%	13.04%	6.51%	19.38%	13.25%	31.28%
Effective Tax Rate	17.00%	18.84%	38.35%	16.55%	14.55%	13.31%
Revenue as Reported	3,473	3,326	2,757	4,211	2,926	3,834
Advertising Expenses	-	17.97	15.98	-	27.1	8.91

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