SHE:300009 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,575	2,533	2,861	2,327	2,160	1,694
Other Revenue	2.65	2.65	4.57	4.18	8.5	7.69
Revenue	2,577	2,536	2,866	2,331	2,169	1,701
Revenue Growth (YoY)	-6.81%	-11.51%	22.94%	7.48%	27.47%	-0.65%
Cost of Revenue	625.15	581.16	626.15	513.47	436.15	364.09
Gross Profit	1,952	1,955	2,240	1,818	1,733	1,337
Selling, General & Admin	999.3	986.63	1,035	871.18	942.68	791.65
Research & Development	218.1	201.29	254.68	166.01	166.54	128.76
Other Operating Expenses	5.21	0.32	17.21	19.32	19.47	16.38
Operating Expenses	1,235	1,195	1,327	1,062	1,133	940.64
Operating Income	716.86	759.46	912.92	755.7	599.3	396.69
Interest Expense	-1.99	-2.4	-1.87	-1.52	-1.62	-1.62
Interest & Investment Income	15.36	20.42	5.89	9.61	11.52	13.6
Currency Exchange Gain (Loss)	0.08	0.08	0.86	0.06	3.92	-0.07
Other Non Operating Income (Expenses)	-5.77	-2.79	-1.11	26.47	-12.29	-16.26
EBT Excluding Unusual Items	724.54	774.76	916.69	790.32	600.83	392.35
Impairment of Goodwill	-	-	-	-	-322.6	-
Gain (Loss) on Sale of Investments	14.86	10.52	-15.44	19.86	-2.24	-15.42
Gain (Loss) on Sale of Assets	0.84	1.09	0.12	-1.2	1.68	-0.02
Asset Writedown	-3.61	-0.15	-1.49	-4.47	-0.84	-0.03
Other Unusual Items	16.8	16.8	20.05	29.34	18.28	39.27
Pretax Income	753.43	803.02	919.93	833.85	295.12	416.14
Income Tax Expense	74.88	87.18	61.34	96.19	91.73	69.6
Earnings From Continuing Operations	678.54	715.84	858.59	737.66	203.39	346.53
Minority Interest in Earnings	-9.83	-8.89	-11.36	-34.4	3.24	12.42
Net Income	668.71	706.95	847.23	703.26	206.63	358.96
Net Income to Common	668.71	706.95	847.23	703.26	206.63	358.96
Net Income Growth	-14.54%	-16.56%	20.47%	240.35%	-42.44%	188.40%
Shares Outstanding (Basic)	1,665	1,674	1,674	1,635	1,589	1,632
Shares Outstanding (Diluted)	1,665	1,674	1,674	1,635	1,589	1,632
Shares Change (YoY)	-0.84%	0.02%	2.34%	2.90%	-2.58%	-1.68%
EPS (Basic)	0.40	0.42	0.51	0.43	0.13	0.22
EPS (Diluted)	0.40	0.42	0.51	0.43	0.13	0.22
EPS Growth	-13.83%	-16.57%	17.72%	230.77%	-40.91%	193.33%
Free Cash Flow	748.51	568.15	757.64	224.64	460.94	326.27
Free Cash Flow Per Share	0.45	0.34	0.45	0.14	0.29	0.20
Dividend Per Share	0.150	0.250	0.250	0.250	0.200	0.167
Dividend Growth	-57.14%	-	-	25.00%	19.98%	73.28%
Gross Margin	75.74%	77.08%	78.15%	77.97%	79.89%	78.60%
Operating Margin	27.81%	29.95%	31.86%	32.42%	27.63%	23.32%
Profit Margin	25.95%	27.88%	29.56%	30.17%	9.53%	21.10%
Free Cash Flow Margin	29.04%	22.40%	26.44%	9.64%	21.25%	19.18%
EBITDA	808.04	846.07	993.44	836.21	676.71	462.67
EBITDA Margin	31.35%	33.36%	34.67%	35.87%	31.20%	27.19%
D&A For EBITDA	91.18	86.61	80.52	80.5	77.41	65.99
EBIT	716.86	759.46	912.92	755.7	599.3	396.69
EBIT Margin	27.81%	29.95%	31.86%	32.42%	27.63%	23.32%
Effective Tax Rate	9.94%	10.86%	6.67%	11.54%	31.08%	16.73%
Revenue as Reported	2,577	2,536	2,866	2,331	2,169	1,701
Advertising Expenses	-	33.44	11.12	8.24	9.96	6

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.