SHE:200030 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	16,765	16,132	15,497	12,263	12,449	10,799
Other Revenue	336.85	336.85	346.11	307.8	378.79	314.34
Revenue	17,102	16,468	15,843	12,571	12,828	11,113
Revenue Growth (YoY)	4.45%	3.95%	26.03%	-2.01%	15.43%	10.43%
Cost of Revenue	15,191	14,643	14,340	11,580	11,523	9,777
Gross Profit	1,911	1,825	1,503	990.57	1,305	1,337
Selling, General & Admin	918.99	919.78	862.6	700.47	761.2	790.73
Research & Development	568.65	541.11	570.76	443.33	380.02	242.28
Other Operating Expenses	88.08	63.55	63.91	55.07	60.9	65.46
Operating Expenses	1,574	1,531	1,515	1,205	1,199	1,099
Operating Income	336.53	294.13	-12.3	-214.5	106.21	237.28
Interest Expense	-26.76	-24.45	-29.52	-25.04	-13.73	-12.92
Interest & Investment Income	482.66	500.98	577.51	594.46	569.02	632.4
Currency Exchange Gain (Loss)	-1.06	-1.06	0.34	1.76	0.9	-0.23
Other Non Operating Income (Expenses)	3.32	-6.25	-7.37	-0.92	-13.69	-2.12
EBT Excluding Unusual Items	794.69	763.35	528.66	355.76	648.71	854.4
Gain (Loss) on Sale of Investments	-15.46	2.95	28.09	-0.2	0.09	0.31
Gain (Loss) on Sale of Assets	1.19	0.28	9.41	6.96	0.41	0.34
Asset Writedown	-18.49	-5.46	-0.48	-0.95	-1.78	-4.56
Other Unusual Items	178.34	178.34	152.07	96.06	198.54	77.61
Pretax Income	940.28	939.45	717.76	457.62	845.96	928.1
Income Tax Expense	32.08	11.85	-16.23	-11.27	67.61	19.63
Earnings From Continuing Operations	908.2	927.6	733.99	468.89	778.35	908.47
Minority Interest in Earnings	-236.11	-251.41	-129.85	32.28	63.09	-7.14
Net Income	672.09	676.19	604.14	501.17	841.44	901.33
Net Income to Common	672.09	676.19	604.14	501.17	841.44	901.33
Net Income Growth	0.93%	11.93%	20.55%	-40.44%	-6.64%	1.16%
Shares Outstanding (Basic)	1,734	1,734	1,726	1,728	1,753	1,733
Shares Outstanding (Diluted)	1,734	1,734	1,726	1,728	1,753	1,733
Shares Change (YoY)	0.45%	0.45%	-0.12%	-1.42%	1.14%	-2.73%
EPS (Basic)	0.39	0.39	0.35	0.29	0.48	0.52
EPS (Diluted)	0.39	0.39	0.35	0.29	0.48	0.52
EPS Growth	0.48%	11.43%	20.69%	-39.58%	-7.69%	4.00%
Free Cash Flow	588.54	35.78	-471.45	-289.79	1,179	-32.8
Free Cash Flow Per Share	0.34	0.02	-0.27	-0.17	0.67	-0.02
Dividend Per Share	0.150	0.150	0.250	0.250	0.300	0.300
Dividend Growth	-40.00%	-40.00%	-	-16.67%	-	76.47%
Gross Margin	11.17%	11.08%	9.49%	7.88%	10.17%	12.03%
Operating Margin	1.97%	1.79%	-0.08%	-1.71%	0.83%	2.14%
Profit Margin	3.93%	4.11%	3.81%	3.99%	6.56%	8.11%
Free Cash Flow Margin	3.44%	0.22%	-2.98%	-2.31%	9.19%	-0.29%
EBITDA	817.15	750.85	412.55	220.34	474.72	573.26
EBITDA Margin	4.78%	4.56%	2.60%	1.75%	3.70%	5.16%
D&A For EBITDA	480.62	456.72	424.85	434.84	368.51	335.98
EBIT	336.53	294.13	-12.3	-214.5	106.21	237.28
EBIT Margin	1.97%	1.79%	-0.08%	-1.71%	0.83%	2.14%
Effective Tax Rate	3.41%	1.26%	-	-	7.99%	2.11%
Revenue as Reported	17,102	16,468	15,843	12,571	12,828	11,113
Advertising Expenses	-	-	-	-	0.08	-

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