SHE:300416 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	2,046	1,920	2,012	1,702	1,407	1,064
Other Revenue	105.12	105.12	104.54	102.92	95.1	120.74
Revenue	2,151	2,026	2,117	1,805	1,502	1,185
Revenue Growth (YoY)	7.76%	-4.31%	17.26%	20.21%	26.74%	50.34%
Cost of Revenue	1,245	1,124	1,156	962.86	810.05	659.51
Gross Profit	906.56	901.1	960.24	842.27	691.6	525.34
Selling, General & Admin	385.13	391.74	362	341.85	282.16	239.81
Research & Development	175.75	164.4	166.65	134.49	116.84	93.58
Other Operating Expenses	2.32	1.91	10.41	7.49	4.63	5.83
Operating Expenses	594.6	597.88	568.27	508.17	428.15	358.22
Operating Income	311.96	303.22	391.97	334.11	263.44	167.12
Interest Expense	-26.5	-28.03	-27.6	-37.17	-38.15	-33.57
Interest & Investment Income	7.54	7.15	12.9	7.78	3.03	2.33
Currency Exchange Gain (Loss)	2.53	2.53	2.56	4.72	0.43	-1.34
Other Non Operating Income (Expenses)	-15.36	-13.59	-12.71	-10.91	-8.24	-2.69
EBT Excluding Unusual Items	281.95	271.27	367.12	298.52	220.51	131.85
Gain (Loss) on Sale of Investments	-2.94	-2.94	-4.23	-3.18	-1.25	0.02
Gain (Loss) on Sale of Assets	-0.7	0.92	-0.17	-1.34	-1.54	-1
Asset Writedown	0.5	-0.17	-	-1.58	-0.02	-0.4
Other Unusual Items	24.79	26.03	42.74	42.49	28.44	30.03
Pretax Income	303.6	295.11	405.46	334.91	246.14	160.5
Income Tax Expense	26.09	23.62	36.69	23.27	24.96	17.45
Earnings From Continuing Operations	277.5	271.5	368.77	311.64	221.17	143.06
Minority Interest in Earnings	-37.64	-42.09	-54.5	-41.74	-30.89	-19.64
Net Income	239.86	229.41	314.27	269.91	190.29	123.41
Net Income to Common	239.86	229.41	314.27	269.91	190.29	123.41
Net Income Growth	-0.20%	-27.00%	16.44%	41.84%	54.19%	41.37%
Shares Outstanding (Basic)	509	509	509	481	446	444
Shares Outstanding (Diluted)	509	509	509	481	446	444
Shares Change (YoY)	0.03%	0.01%	5.73%	7.77%	0.56%	-0.52%
EPS (Basic)	0.47	0.45	0.62	0.56	0.43	0.28
EPS (Diluted)	0.47	0.45	0.62	0.56	0.43	0.28
EPS Growth	-0.24%	-27.01%	10.12%	31.61%	53.33%	42.10%
Free Cash Flow	147.2	109.52	-242.29	116.47	-132.05	-16.46
Free Cash Flow Per Share	0.29	0.21	-0.48	0.24	-0.30	-0.04
Dividend Per Share	0.150	0.150	0.150	0.115	0.089	0.068
Dividend Growth	-	-	29.98%	29.95%	30.01%	50.11%
Gross Margin	42.14%	44.49%	45.37%	46.66%	46.06%	44.34%
Operating Margin	14.50%	14.97%	18.52%	18.51%	17.54%	14.11%
Profit Margin	11.15%	11.33%	14.85%	14.95%	12.67%	10.42%
Free Cash Flow Margin	6.84%	5.41%	-11.45%	6.45%	-8.79%	-1.39%
EBITDA	519.4	489.03	548.94	457.23	364.72	246.87
EBITDA Margin	24.14%	24.14%	25.93%	25.33%	24.29%	20.84%
D&A For EBITDA	207.44	185.81	156.97	123.12	101.27	79.75
EBIT	311.96	303.22	391.97	334.11	263.44	167.12
EBIT Margin	14.50%	14.97%	18.52%	18.51%	17.54%	14.11%
Effective Tax Rate	8.60%	8.00%	9.05%	6.95%	10.14%	10.87%
Revenue as Reported	2,151	2,026	2,117	1,805	1,502	1,185
Advertising Expenses	-	1.94	1.94	2.59	2.97	2.42

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