SHE:300316 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	10,525	16,730	17,049	10,095	5,585	3,531
Other Revenue	846.87	846.87	934.55	543.56	376.09	279.73
Revenue	11,372	17,577	17,983	10,638	5,961	3,811
Revenue Growth (YoY)	-40.15%	-2.26%	69.04%	78.45%	56.44%	22.54%
Cost of Revenue	9,485	12,676	10,752	6,499	3,635	2,468
Gross Profit	1,887	4,900	7,231	4,139	2,326	1,342
Selling, General & Admin	579.49	605.8	492.18	331.1	230.1	168.93
Research & Development	923.55	1,119	1,145	796.33	353.58	227.16
Other Operating Expenses	-108.46	-75.76	-230.02	-267.17	-164.91	-57.31
Operating Expenses	1,622	1,865	1,510	965.63	471.79	416.59
Operating Income	265.09	3,035	5,722	3,173	1,855	925.65
Interest Expense	-48.53	-56.25	-51.96	-11.04	-4.72	-3.01
Interest & Investment Income	40.6	74.04	83.96	131.64	81.91	52.34
Currency Exchange Gain (Loss)	-21.75	-21.75	-9.17	-6.68	-8.6	-8.55
Other Non Operating Income (Expenses)	-40.2	-34.75	-3.85	-1.06	-4.43	-1.09
EBT Excluding Unusual Items	195.2	2,997	5,741	3,286	1,919	965.34
Gain (Loss) on Sale of Investments	14.17	-8.05	32.45	44.59	-	-0.3
Gain (Loss) on Sale of Assets	-7.28	-7.61	-3.43	-30.45	34.01	-1.86
Asset Writedown	-26.23	-	6.02	-27.27	-3.2	-6.07
Other Unusual Items	213.67	89.38	179.33	146.04	34.64	34.63
Pretax Income	389.53	3,070	5,955	3,419	1,984	991.74
Income Tax Expense	98.66	405.84	641.98	339.87	255.88	139.92
Earnings From Continuing Operations	290.87	2,664	5,313	3,079	1,728	851.82
Minority Interest in Earnings	160.06	-154.75	-755.49	-154.84	-16.54	6.34
Net Income	450.93	2,510	4,558	2,924	1,712	858.16
Net Income to Common	450.93	2,510	4,558	2,924	1,712	858.16
Net Income Growth	-88.74%	-44.93%	55.85%	70.84%	99.46%	34.63%
Shares Outstanding (Basic)	1,304	1,307	1,306	1,294	1,287	1,281
Shares Outstanding (Diluted)	1,304	1,307	1,306	1,294	1,287	1,281
Shares Change (YoY)	-0.33%	0.08%	0.92%	0.54%	0.48%	0.47%
EPS (Basic)	0.35	1.92	3.49	2.26	1.33	0.67
EPS (Diluted)	0.35	1.92	3.49	2.26	1.33	0.67
EPS Growth	-88.71%	-44.99%	54.43%	69.92%	98.51%	34.00%
Free Cash Flow	55.33	128.14	613.06	-1,010	958.75	725.69
Free Cash Flow Per Share	0.04	0.10	0.47	-0.78	0.74	0.57
Dividend Per Share	0.400	0.400	0.700	0.450	0.280	0.135
Dividend Growth	-42.86%	-42.86%	55.56%	60.71%	107.41%	35.00%
Gross Margin	16.59%	27.88%	40.21%	38.91%	39.02%	35.22%
Operating Margin	2.33%	17.27%	31.82%	29.83%	31.11%	24.29%
Profit Margin	3.96%	14.28%	25.34%	27.49%	28.71%	22.52%
Free Cash Flow Margin	0.49%	0.73%	3.41%	-9.49%	16.08%	19.04%
EBITDA	1,065	3,689	6,181	3,515	1,993	1,048
EBITDA Margin	9.36%	20.99%	34.37%	33.04%	33.43%	27.49%
D&A For EBITDA	799.67	653.94	459.62	341.33	138.6	121.95
EBIT	265.09	3,035	5,722	3,173	1,855	925.65
EBIT Margin	2.33%	17.27%	31.82%	29.83%	31.11%	24.29%
Effective Tax Rate	25.33%	13.22%	10.78%	9.94%	12.90%	14.11%
Revenue as Reported	11,372	17,577	17,983	10,638	5,961	3,811
Advertising Expenses	-	4.98	5.36	1.56	2.26	1.09

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