SHE:300017 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	4,773	4,891	4,671	5,056	4,552	5,672
Other Revenue	40.84	40.84	34.55	27.77	22.65	14.59
Revenue	4,814	4,932	4,705	5,084	4,575	5,687
Revenue Growth (YoY)	0.33%	4.81%	-7.45%	11.13%	-19.55%	-5.34%
Cost of Revenue	3,160	3,384	3,199	3,753	3,418	4,248
Gross Profit	1,654	1,548	1,507	1,331	1,157	1,439
Selling, General & Admin	773.86	707	690.28	658.58	696.75	647.38
Research & Development	413.96	454	481.78	504.4	543.19	586.98
Other Operating Expenses	3.59	4.89	14.06	13.57	13	12.15
Operating Expenses	1,191	1,155	1,161	1,189	1,255	1,274
Operating Income	463.22	392.44	345.93	141.78	-98.29	164.8
Interest Expense	-14.51	-7.29	-7.63	-16.45	-14.13	-0.89
Interest & Investment Income	325.1	213.05	253.47	60.05	154.85	137.43
Currency Exchange Gain (Loss)	42.46	42.46	26.9	34.25	-9.27	-107.93
Other Non Operating Income (Expenses)	-21.49	-13.71	-1.32	-2.54	-3.09	-3.49
EBT Excluding Unusual Items	794.79	626.95	617.35	217.08	30.06	189.93
Gain (Loss) on Sale of Investments	93.31	38.31	-4.16	-18.53	102.76	25.08
Gain (Loss) on Sale of Assets	12.73	24.35	3.14	7.86	7.6	4.67
Asset Writedown	-6.86	-7.48	-43.66	-37.55	-48.23	-75.5
Other Unusual Items	44.59	44.59	78.77	25.21	45.54	74.16
Pretax Income	938.55	726.73	651.43	194.07	137.74	218.33
Income Tax Expense	91.76	55.55	44.99	9.94	-25.95	-1.17
Earnings From Continuing Operations	846.79	671.17	606.44	184.13	163.69	219.5
Minority Interest in Earnings	14.79	3.35	6.66	6.46	1.55	0.5
Net Income	861.59	674.52	613.1	190.59	165.24	220
Net Income to Common	861.59	674.52	613.1	190.59	165.24	220
Net Income Growth	39.77%	10.02%	221.68%	15.34%	-24.89%	537.99%
Shares Outstanding (Basic)	2,426	2,409	2,452	2,382	2,361	2,444
Shares Outstanding (Diluted)	2,516	2,498	2,452	2,382	2,361	2,444
Shares Change (YoY)	2.45%	1.87%	2.94%	0.92%	-3.43%	-29.11%
EPS (Basic)	0.36	0.28	0.25	0.08	0.07	0.09
EPS (Diluted)	0.34	0.27	0.25	0.08	0.07	0.09
EPS Growth	36.43%	8.00%	212.50%	14.29%	-22.22%	800.00%
Free Cash Flow	750.14	731.31	705.04	743.01	580.69	382.7
Free Cash Flow Per Share	0.30	0.29	0.29	0.31	0.25	0.16
Dividend Per Share	0.250	0.250	0.250	0.050	0.030	0.010
Dividend Growth	-	-	400.00%	66.67%	200.00%	-66.67%
Gross Margin	34.36%	31.38%	32.02%	26.18%	25.29%	25.31%
Operating Margin	9.62%	7.96%	7.35%	2.79%	-2.15%	2.90%
Profit Margin	17.90%	13.68%	13.03%	3.75%	3.61%	3.87%
Free Cash Flow Margin	15.58%	14.83%	14.98%	14.61%	12.69%	6.73%
EBITDA	612.44	616.74	670.35	538.19	387.16	705.08
EBITDA Margin	12.72%	12.50%	14.25%	10.59%	8.46%	12.40%
D&A For EBITDA	149.21	224.3	324.42	396.41	485.45	540.28
EBIT	463.22	392.44	345.93	141.78	-98.29	164.8
EBIT Margin	9.62%	7.96%	7.35%	2.79%	-2.15%	2.90%
Effective Tax Rate	9.78%	7.64%	6.91%	5.12%	-	-
Revenue as Reported	4,814	4,932	4,705	5,084	4,575	5,687
Advertising Expenses	-	10.09	10.91	8.17	9.95	11.94

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