SHE:300319 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	3,656	3,138	3,009	3,140	3,316	2,328
Other Revenue	12.12	12.12	7.71	11.65	2.66	1.4
Revenue	3,668	3,150	3,017	3,152	3,318	2,329
Revenue Growth (YoY)	16.29%	4.42%	-4.28%	-5.02%	42.47%	28.14%
Cost of Revenue	3,099	2,567	2,491	2,642	2,682	2,009
Gross Profit	568.24	583.32	525.24	509.72	636.2	320.32
Selling, General & Admin	136.08	137.95	133.39	158.84	124.07	94.82
Research & Development	168.95	150.71	143.01	166.09	149.76	94.81
Other Operating Expenses	-10.12	3.28	3.33	7.75	15	6.88
Operating Expenses	307.52	295.44	283.71	335.4	304.28	199.46
Operating Income	260.72	287.88	241.53	174.32	331.92	120.86
Interest Expense	-6.63	-5.71	-2.33	-2.91	-19.89	-28.32
Interest & Investment Income	43.59	44.93	39.98	16.73	17.05	13.2
Currency Exchange Gain (Loss)	10.71	10.71	-0.5	24.9	-6.92	-21.2
Other Non Operating Income (Expenses)	-7.28	-2.81	2.72	-10.18	-18.81	-1.07
EBT Excluding Unusual Items	301.1	335	281.4	202.87	303.34	83.47
Impairment of Goodwill	-	-	-	-	-	-50.32
Gain (Loss) on Sale of Investments	10.04	9.42	-0.56	2.93	0.26	-
Gain (Loss) on Sale of Assets	-1.06	-0.5	0.45	-1.34	-2.84	0.01
Asset Writedown	-0.04	-2.56	-3.59	-0.74	-0.05	-8.67
Other Unusual Items	69.25	34.03	33.41	45.73	45.28	28.36
Pretax Income	379.29	375.39	311.11	249.44	346	52.85
Income Tax Expense	37.01	34.62	30.18	30.23	30.2	6.43
Earnings From Continuing Operations	342.28	340.77	280.93	219.21	315.8	46.42
Minority Interest in Earnings	-5.18	-7.37	-10.94	-19.32	-11.83	-10.74
Net Income	337.1	333.4	269.99	199.88	303.97	35.68
Net Income to Common	337.1	333.4	269.99	199.88	303.97	35.68
Net Income Growth	2.99%	23.49%	35.07%	-34.24%	752.03%	-20.88%
Shares Outstanding (Basic)	875	869	857	852	773	697
Shares Outstanding (Diluted)	875	869	857	852	777	697
Shares Change (YoY)	1.31%	1.44%	0.58%	9.58%	11.54%	0.29%
EPS (Basic)	0.39	0.38	0.32	0.23	0.39	0.05
EPS (Diluted)	0.39	0.38	0.32	0.23	0.39	0.05
EPS Growth	1.66%	21.73%	34.30%	-39.99%	663.87%	-21.11%
Free Cash Flow	7.44	66.37	289.2	437.6	-42.87	63.15
Free Cash Flow Per Share	0.01	0.08	0.34	0.51	-0.06	0.09
Dividend Per Share	0.116	0.116	0.094	0.128	0.060	-
Dividend Growth	23.73%	23.73%	-26.70%	112.95%	-	-
Gross Margin	15.49%	18.52%	17.41%	16.17%	19.17%	13.75%
Operating Margin	7.11%	9.14%	8.01%	5.53%	10.00%	5.19%
Profit Margin	9.19%	10.58%	8.95%	6.34%	9.16%	1.53%
Free Cash Flow Margin	0.20%	2.11%	9.59%	13.88%	-1.29%	2.71%
EBITDA	486.2	515.93	473.01	367.99	484.06	235.21
EBITDA Margin	13.26%	16.38%	15.68%	11.68%	14.59%	10.10%
D&A For EBITDA	225.47	228.05	231.48	193.67	152.14	114.34
EBIT	260.72	287.88	241.53	174.32	331.92	120.86
EBIT Margin	7.11%	9.14%	8.01%	5.53%	10.00%	5.19%
Effective Tax Rate	9.76%	9.22%	9.70%	12.12%	8.73%	12.17%
Revenue as Reported	3,668	3,150	3,017	3,152	3,318	2,329
Advertising Expenses	-	1.09	1.9	0.74	0.29	1.33

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