SHE:300463 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	2,186	2,525	2,862	3,568	3,934	3,665
Other Revenue	23.39	23.39	33.95	40.18	46.47	39.12
Revenue	2,209	2,549	2,896	3,608	3,981	3,704
Revenue Growth (YoY)	-19.03%	-11.98%	-19.75%	-9.35%	7.47%	14.92%
Cost of Revenue	1,048	1,173	1,384	1,712	1,740	1,796
Gross Profit	1,161	1,376	1,512	1,897	2,240	1,908
Selling, General & Admin	804.11	789.95	805.79	749.75	756.1	636.98
Research & Development	306.51	323.15	324.17	273.22	207.27	202.07
Other Operating Expenses	23.17	10.65	11.73	22.02	28.77	21.48
Operating Expenses	1,156	1,114	1,180	1,081	999.91	880.9
Operating Income	5.47	262.16	331.6	815.54	1,240	1,027
Interest Expense	-22.12	-22.12	-33.53	-35.06	-59.27	-68.19
Interest & Investment Income	7.19	9.33	18.62	24.15	5.4	4.33
Earnings From Equity Investments	-	-	-	-	-	0.99
Currency Exchange Gain (Loss)	0.16	0.16	1.11	5.33	-2.19	-4.5
Other Non Operating Income (Expenses)	7.44	-1.41	-2.38	3.2	-3	-4.73
EBT Excluding Unusual Items	-1.86	248.12	315.42	813.17	1,181	954.69
Impairment of Goodwill	-94.11	-94.11	-	-	-	-
Gain (Loss) on Sale of Investments	-0.56	2.15	-7.08	-9.1	-	-
Gain (Loss) on Sale of Assets	1.81	-6.73	-4.17	-4.12	-4.05	0.94
Asset Writedown	-41.7	-36.54	-9.54	-22.46	-26.01	-5.31
Other Unusual Items	-15.71	11.77	10.73	11.59	35.81	19.44
Pretax Income	-152.13	124.65	305.37	789.08	1,187	969.77
Income Tax Expense	-30.82	5.89	0.69	87.38	184.88	148.41
Earnings From Continuing Operations	-121.31	118.76	304.68	701.71	1,002	821.35
Minority Interest in Earnings	3.84	8.04	7.94	6.48	-45.64	-27.44
Net Income	-117.46	126.81	312.62	708.18	956.6	793.92
Net Income to Common	-117.46	126.81	312.62	708.18	956.6	793.92
Net Income Growth	-	-59.44%	-55.86%	-25.97%	20.49%	51.15%
Shares Outstanding (Basic)	610	606	609	604	553	554
Shares Outstanding (Diluted)	610	613	612	608	557	557
Shares Change (YoY)	-0.36%	0.01%	0.77%	9.16%	-0.11%	-0.05%
EPS (Basic)	-0.19	0.21	0.51	1.17	1.73	1.43
EPS (Diluted)	-0.19	0.21	0.51	1.17	1.72	1.42
EPS Growth	-	-59.44%	-56.19%	-32.18%	20.62%	51.23%
Free Cash Flow	-308.37	-329.22	23.61	-144.52	1,015	592.73
Free Cash Flow Per Share	-0.51	-0.54	0.04	-0.24	1.82	1.06
Dividend Per Share	0.104	0.104	0.154	0.349	0.471	0.431
Dividend Growth	-32.48%	-32.48%	-55.89%	-25.86%	9.30%	127.83%
Gross Margin	52.58%	53.99%	52.20%	52.57%	56.28%	51.51%
Operating Margin	0.25%	10.29%	11.45%	22.60%	31.16%	27.72%
Profit Margin	-5.32%	4.98%	10.80%	19.63%	24.03%	21.44%
Free Cash Flow Margin	-13.96%	-12.92%	0.81%	-4.00%	25.50%	16.00%
EBITDA	344.02	582.02	626.55	1,068	1,463	1,232
EBITDA Margin	15.57%	22.84%	21.64%	29.60%	36.75%	33.26%
D&A For EBITDA	338.54	319.86	294.94	252.56	222.54	205.22
EBIT	5.47	262.16	331.6	815.54	1,240	1,027
EBIT Margin	0.25%	10.29%	11.45%	22.60%	31.16%	27.72%
Effective Tax Rate	-	4.72%	0.23%	11.07%	15.57%	15.30%
Revenue as Reported	2,209	2,549	2,896	3,608	3,981	3,704
Advertising Expenses	-	58.56	104.69	96.23	114.73	87.37

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