SHE:300360 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	1,717	2,013	1,759	1,497	1,195	1,076
Other Revenue	16.08	16.08	12.61	9.73	15.52	20.6
Revenue	1,733	2,029	1,771	1,506	1,210	1,097
Revenue Growth (YoY)	-16.25%	14.54%	17.59%	24.47%	10.32%	22.93%
Cost of Revenue	966.74	1,063	980.21	917.99	743.78	667.12
Gross Profit	766.15	965.52	791.13	588.33	466.44	429.86
Selling, General & Admin	133.57	137.77	158.47	152.13	105.82	118.11
Research & Development	151.67	151.19	119.15	105.14	77.86	56.2
Other Operating Expenses	-45.4	-30.74	-35.5	-18.87	-22.34	-5.56
Operating Expenses	252.5	275.98	247.59	237.22	168.76	170.23
Operating Income	513.65	689.54	543.54	351.11	297.68	259.63
Interest Expense	-0.21	-0.13	-0.08	-0.15	-0.22	-0.05
Interest & Investment Income	95.58	85.03	51.79	42.87	59.84	52.18
Currency Exchange Gain (Loss)	2.54	2.54	3.63	9.88	-2	-4.88
Other Non Operating Income (Expenses)	-1.48	-0.69	-0.9	-0.64	-0.69	-0.38
EBT Excluding Unusual Items	610.08	776.29	597.98	403.07	354.61	306.5
Gain (Loss) on Sale of Investments	59.9	-44.74	60.56	122.97	18.88	27.17
Gain (Loss) on Sale of Assets	-0.45	0.15	0.22	0.01	0.01	0.03
Asset Writedown	0.19	-0.11	-0.16	-0.3	-0.08	-0.13
Other Unusual Items	40.43	40.83	33.56	24.28	0.04	15.22
Pretax Income	710.14	772.42	692.16	550.03	373.46	348.79
Income Tax Expense	92.09	102.23	83.26	66.86	47.44	47.02
Earnings From Continuing Operations	618.05	670.2	608.91	483.17	326.02	301.77
Minority Interest in Earnings	-15.4	-5.54	-1.61	-11.08	-8.17	-8.44
Net Income	602.65	664.66	607.29	472.09	317.85	293.33
Net Income to Common	602.65	664.66	607.29	472.09	317.85	293.33
Net Income Growth	-14.72%	9.45%	28.64%	48.53%	8.36%	20.74%
Shares Outstanding (Basic)	519	515	506	502	505	506
Shares Outstanding (Diluted)	519	515	506	502	505	506
Shares Change (YoY)	2.12%	1.81%	0.77%	-0.45%	-0.24%	-4.24%
EPS (Basic)	1.16	1.29	1.20	0.94	0.63	0.58
EPS (Diluted)	1.16	1.29	1.20	0.94	0.63	0.58
EPS Growth	-16.49%	7.50%	27.66%	49.21%	8.62%	26.09%
Free Cash Flow	333.53	570.03	507.16	421.1	-67.15	70.82
Free Cash Flow Per Share	0.64	1.11	1.00	0.84	-0.13	0.14
Dividend Per Share	0.700	0.600	0.500	0.200	0.150	0.150
Dividend Growth	-	20.00%	150.00%	33.33%	-	-2.47%
Gross Margin	44.21%	47.59%	44.66%	39.06%	38.54%	39.19%
Operating Margin	29.64%	33.99%	30.69%	23.31%	24.60%	23.67%
Profit Margin	34.78%	32.76%	34.28%	31.34%	26.26%	26.74%
Free Cash Flow Margin	19.25%	28.10%	28.63%	27.96%	-5.55%	6.46%
EBITDA	564.21	742.71	600.18	388.49	318.74	281.16
EBITDA Margin	32.56%	36.61%	33.88%	25.79%	26.34%	25.63%
D&A For EBITDA	50.56	53.16	56.64	37.38	21.06	21.53
EBIT	513.65	689.54	543.54	351.11	297.68	259.63
EBIT Margin	29.64%	33.99%	30.69%	23.31%	24.60%	23.67%
Effective Tax Rate	12.97%	13.23%	12.03%	12.16%	12.70%	13.48%
Revenue as Reported	1,733	2,029	1,771	1,506	1,210	1,097
Advertising Expenses	-	1.27	0.66	0.49	0.45	0.63

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