SHE:300026 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	5,464	5,757	6,025	6,603	7,656	6,463
Other Revenue	26.24	26.24	84.31	47.44	14.63	25.37
Revenue	5,490	5,783	6,109	6,650	7,671	6,488
Revenue Growth (YoY)	-2.44%	-5.34%	-8.14%	-13.30%	18.22%	29.69%
Cost of Revenue	2,654	2,793	2,827	2,826	3,267	2,858
Gross Profit	2,836	2,989	3,282	3,824	4,403	3,630
Selling, General & Admin	2,418	2,534	2,463	2,751	3,054	2,648
Research & Development	202.07	223.45	209.81	230.85	196.59	177.03
Other Operating Expenses	54.4	48.74	41.4	61.72	76.44	1.87
Operating Expenses	2,751	2,887	2,767	3,100	3,401	2,896
Operating Income	85.46	102.42	515.52	724.42	1,002	733.98
Interest Expense	-19.17	-44.86	-61.57	-69.67	-50.1	-30.07
Interest & Investment Income	11.78	17.31	19.31	14.18	11.38	12.03
Currency Exchange Gain (Loss)	3.92	3.92	2.41	17.62	-6.34	-29.34
Other Non Operating Income (Expenses)	-48.14	-22.2	-18.49	-35.65	-26.86	21.11
EBT Excluding Unusual Items	33.84	56.59	457.19	650.91	930.58	707.71
Impairment of Goodwill	-17.34	-17.34	-23.52	-	-58.18	-
Gain (Loss) on Sale of Investments	-7.4	-5.63	-1.4	-	-22.98	-
Gain (Loss) on Sale of Assets	1.24	1.08	1.06	0.01	-2.87	0.03
Asset Writedown	-66.68	-30.33	-4.05	-2.36	-9.35	-24.3
Other Unusual Items	49.62	49.62	177.54	67.82	16.99	-0.03
Pretax Income	-6.73	53.98	606.82	716.37	854.18	683.41
Income Tax Expense	70.79	31.04	105.25	95.14	183.32	123.73
Earnings From Continuing Operations	-77.52	22.95	501.57	621.23	670.85	559.68
Minority Interest in Earnings	11.4	-1.48	5.06	3.01	16.47	13.71
Net Income	-66.13	21.47	506.63	624.24	687.32	573.39
Net Income to Common	-66.13	21.47	506.63	624.24	687.32	573.39
Net Income Growth	-	-95.76%	-18.84%	-9.18%	19.87%	42.45%
Shares Outstanding (Basic)	2,061	2,147	2,980	2,973	2,988	3,018
Shares Outstanding (Diluted)	2,061	2,147	2,980	2,973	2,988	3,018
Shares Change (YoY)	-27.37%	-27.97%	0.26%	-0.53%	-0.98%	4.96%
EPS (Basic)	-0.03	0.01	0.17	0.21	0.23	0.19
EPS (Diluted)	-0.03	0.01	0.17	0.21	0.23	0.19
EPS Growth	-	-94.12%	-19.05%	-8.70%	21.05%	35.71%
Free Cash Flow	705.19	659.12	1,183	-24.93	-285.85	-367.12
Free Cash Flow Per Share	0.34	0.31	0.40	-0.01	-0.10	-0.12
Dividend Per Share	0.030	0.030	0.030	0.030	0.040	0.040
Dividend Growth	-	-	-	-25.00%	-	-20.00%
Gross Margin	51.65%	51.69%	53.73%	57.50%	57.40%	55.95%
Operating Margin	1.56%	1.77%	8.44%	10.89%	13.07%	11.31%
Profit Margin	-1.20%	0.37%	8.29%	9.39%	8.96%	8.84%
Free Cash Flow Margin	12.84%	11.40%	19.36%	-0.38%	-3.73%	-5.66%
EBITDA	364.62	387.15	807.69	974.09	1,217	923.97
EBITDA Margin	6.64%	6.69%	13.22%	14.65%	15.86%	14.24%
D&A For EBITDA	279.16	284.74	292.17	249.67	214.2	189.99
EBIT	85.46	102.42	515.52	724.42	1,002	733.98
EBIT Margin	1.56%	1.77%	8.44%	10.89%	13.07%	11.31%
Effective Tax Rate	-	57.49%	17.34%	13.28%	21.46%	18.11%
Revenue as Reported	5,490	5,783	6,109	6,650	7,671	6,488
Advertising Expenses	-	8.6	9.15	12.6	21.21	19.45

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