SHE:300355 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022	Dec '20 Dec 31, 2020
Operating Revenue	2,584	2,135	1,878	2,207	2,861	2,515
Other Revenue	10.88	10.88	15.94	15.32	49.98	26.88
Revenue	2,595	2,146	1,894	2,222	2,911	2,542
Revenue Growth (YoY)	37.98%	13.27%	-14.77%	-23.66%	14.54%	-10.87%
Cost of Revenue	2,076	1,632	1,381	1,407	1,766	1,660
Gross Profit	518.31	513.53	512.92	815.75	1,145	881.95
Selling, General & Admin	171.4	168.87	160.8	164.76	185.78	216.31
Research & Development	171	146.68	124.98	95.12	116.78	119.69
Other Operating Expenses	21.31	14.11	21.9	-56.27	24.15	19.09
Operating Expenses	375.6	385.65	291.2	372.82	409.9	502.64
Operating Income	142.71	127.88	221.72	442.93	735.13	379.31
Interest Expense	-273.93	-304.97	-317.11	-337.15	-386.68	-357.3
Interest & Investment Income	146.14	177.12	318.87	3.09	370.73	215.6
Other Non Operating Income (Expenses)	-15.92	-21.36	-3.23	170.46	-90.27	-33.33
EBT Excluding Unusual Items	-0.99	-21.32	220.26	279.34	628.91	204.27
Impairment of Goodwill	-	-	-1.84	-	-	-
Gain (Loss) on Sale of Investments	0.51	0.58	-0.03	-37.92	-205.92	-
Gain (Loss) on Sale of Assets	0.52	5.63	-0.04	1.03	21.43	6.24
Asset Writedown	-39.12	-36.81	-0.84	-0.09	-3.61	-0.15
Other Unusual Items	79.13	79.13	97.08	-1.2	35.32	33.6
Pretax Income	40.05	27.2	314.59	241.16	476.14	243.96
Income Tax Expense	-11.28	-2.6	51.88	39.22	107.59	50.82
Earnings From Continuing Operations	51.33	29.8	262.71	201.93	368.55	193.14
Minority Interest in Earnings	8.42	5.58	-13.58	-17	-59.35	38.96
Net Income	59.74	35.38	249.13	184.94	309.19	232.1
Preferred Dividends & Other Adjustments	60	60	60	60	60	-
Net Income to Common	-0.26	-24.62	189.13	124.94	249.19	232.1
Net Income Growth	261.63%	-85.80%	34.71%	-40.19%	33.22%	280.77%
Shares Outstanding (Basic)	1,096	1,231	1,576	1,604	1,557	2,110
Shares Outstanding (Diluted)	1,096	1,231	1,576	1,604	1,557	2,110
Shares Change (YoY)	-33.48%	-21.90%	-1.76%	3.00%	-26.19%	31.53%
EPS (Basic)	-0.00	-0.02	0.12	0.08	0.16	0.11
EPS (Diluted)	-0.00	-0.02	0.12	0.08	0.16	0.11
EPS Growth	-	-	54.09%	-51.33%	45.45%	189.50%
Free Cash Flow	1,085	1,439	1,525	311.86	470.09	-493.78
Free Cash Flow Per Share	0.99	1.17	0.97	0.19	0.30	-0.23
Dividend Per Share	0.004	0.004	0.023	0.018	0.027	0.022
Dividend Growth	-82.61%	-82.61%	27.78%	-33.33%	22.73%	450.00%
Gross Margin	19.98%	23.94%	27.08%	36.70%	39.33%	34.70%
Operating Margin	5.50%	5.96%	11.71%	19.93%	25.25%	14.92%
Profit Margin	-0.01%	-1.15%	9.98%	5.62%	8.56%	9.13%
Free Cash Flow Margin	41.81%	67.07%	80.51%	14.03%	16.15%	-19.43%
EBITDA	44.36	187.64	492.3	726.96	1,031	546.23
EBITDA Margin	1.71%	8.74%	25.99%	32.71%	35.40%	21.49%
D&A For EBITDA	-98.36	59.76	270.58	284.03	295.41	166.92
EBIT	142.71	127.88	221.72	442.93	735.13	379.31
EBIT Margin	5.50%	5.96%	11.71%	19.93%	25.25%	14.92%
Effective Tax Rate	-	-	16.49%	16.26%	22.60%	20.83%
Revenue as Reported	2,595	2,146	1,894	2,222	2,911	2,542
Advertising Expenses	-	7.22	3.93	9.28	14.35	11.57

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