SHE:300047 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	8,822	8,125	6,556	5,692	5,614	5,254
Other Revenue	32.39	32.39	31.29	-	-	-
Revenue	8,855	8,157	6,587	5,692	5,614	5,254
Revenue Growth (YoY)	8.38%	23.84%	15.71%	1.39%	6.85%	17.52%
Cost of Revenue	8,143	7,435	5,887	4,997	4,862	4,540
Gross Profit	711.84	722.21	699.65	695.1	752.09	714.6
Selling, General & Admin	318.37	301.06	296.75	285.12	281.91	253.94
Research & Development	230.47	232.31	228.59	253.34	273.75	216.85
Other Operating Expenses	-10.96	-13.4	-23.53	-19.72	-9.02	-16.32
Operating Expenses	565.9	535.51	537.66	562.13	575.33	477.44
Operating Income	145.94	186.7	162	132.98	176.76	237.16
Interest Expense	-64.78	-74.02	-64.94	-76.51	-74.29	-67.25
Interest & Investment Income	13.6	12.67	2.58	9.43	2.49	10.19
Earnings From Equity Investments	11.11	-	-	-	-	-
Currency Exchange Gain (Loss)	1.21	1.21	0.56	3.9	-1.59	-2.9
Other Non Operating Income (Expenses)	-0.95	-0.45	-0.43	-0.36	-2.07	-0.79
EBT Excluding Unusual Items	106.12	126.12	99.77	69.44	101.31	176.41
Impairment of Goodwill	-41.97	-41.97	-65.26	-4.14	-3.38	-
Gain (Loss) on Sale of Investments	-	-	-	-	-25.54	1.97
Gain (Loss) on Sale of Assets	1	2.15	50.69	0.66	-0	-1.24
Asset Writedown	0.16	-1	-1.02	-0.21	-0.44	-0.01
Other Unusual Items	8.65	10.26	20.46	30.55	31.38	32.2
Pretax Income	73.95	95.57	104.65	96.3	103.32	209.33
Income Tax Expense	35.57	29.63	23.47	21.68	21.56	34.52
Earnings From Continuing Operations	38.38	65.94	81.17	74.62	81.76	174.82
Minority Interest in Earnings	-8.81	-42.74	-52.84	-42.03	-41.66	-42.71
Net Income	29.57	23.2	28.33	32.59	40.1	132.1
Net Income to Common	29.57	23.2	28.33	32.59	40.1	132.1
Net Income Growth	18.78%	-18.10%	-13.06%	-18.73%	-69.65%	13.18%
Shares Outstanding (Basic)	637	637	638	652	668	629
Shares Outstanding (Diluted)	637	637	638	652	668	629
Shares Change (YoY)	-0.16%	-0.10%	-2.09%	-2.47%	6.23%	-2.99%
EPS (Basic)	0.05	0.04	0.04	0.05	0.06	0.21
EPS (Diluted)	0.05	0.04	0.04	0.05	0.06	0.21
EPS Growth	18.96%	-18.02%	-11.20%	-16.67%	-71.43%	16.67%
Free Cash Flow	505.22	171.61	-245.16	-265.72	-42.65	-127.94
Free Cash Flow Per Share	0.79	0.27	-0.38	-0.41	-0.06	-0.20
Dividend Per Share	0.015	0.015	0.015	0.015	0.015	0.025
Dividend Growth	-	-	-	-	-40.00%	25.00%
Gross Margin	8.04%	8.85%	10.62%	12.21%	13.40%	13.60%
Operating Margin	1.65%	2.29%	2.46%	2.34%	3.15%	4.51%
Profit Margin	0.33%	0.28%	0.43%	0.57%	0.71%	2.51%
Free Cash Flow Margin	5.71%	2.10%	-3.72%	-4.67%	-0.76%	-2.44%
EBITDA	99.61	215.48	290.9	291.79	332.66	364.39
EBITDA Margin	1.13%	2.64%	4.42%	5.13%	5.92%	6.93%
D&A For EBITDA	-46.32	28.77	128.9	158.81	155.9	127.23
EBIT	145.94	186.7	162	132.98	176.76	237.16
EBIT Margin	1.65%	2.29%	2.46%	2.34%	3.15%	4.51%
Effective Tax Rate	48.10%	31.00%	22.43%	22.51%	20.87%	16.49%
Revenue as Reported	8,855	8,157	6,587	5,692	5,614	5,254
Advertising Expenses	-	3.17	3.05	3.41	8.85	9.39

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