SHE:300476 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	16,470	10,051	7,459	7,491	6,955	5,326
Other Revenue	680.71	680.71	472.67	393.79	477.49	273.42
Revenue	17,151	10,731	7,931	7,885	7,432	5,600
Revenue Growth (YoY)	73.50%	35.31%	0.58%	6.10%	32.72%	44.15%
Cost of Revenue	11,329	8,312	6,308	6,485	5,937	4,279
Gross Profit	5,822	2,420	1,623	1,400	1,495	1,321
Selling, General & Admin	704.86	587.09	418.67	367.12	343.92	315.22
Research & Development	727.95	449.83	348.3	287.48	297.43	221.12
Other Operating Expenses	75.55	60.19	52.13	48.06	27.56	21.65
Operating Expenses	1,539	1,092	829.71	579.53	692.09	601.36
Operating Income	4,283	1,328	793.56	820.58	802.46	719.16
Interest Expense	-123.73	-110.43	-85.3	-92.65	-91.43	-58.7
Interest & Investment Income	15.01	22.97	63.69	50.74	35.72	1.9
Currency Exchange Gain (Loss)	78.16	78.16	11.73	111.05	-27.99	-85.39
Other Non Operating Income (Expenses)	11.15	0.08	-7.2	-3.51	-4.9	-4.55
EBT Excluding Unusual Items	4,263	1,318	776.48	886.2	713.86	572.41
Gain (Loss) on Sale of Investments	0.31	-3.49	2.35	0.21	-19.42	20.35
Gain (Loss) on Sale of Assets	-48.58	-47.6	-6.2	-3.77	7.49	-5.39
Asset Writedown	-85.05	-16.4	-0.28	-0.17	-8.16	-3.58
Other Unusual Items	86.35	60.88	-23.13	14.8	43.3	7.83
Pretax Income	4,216	1,312	749.21	897.26	737.06	591.63
Income Tax Expense	581.71	157.39	77.87	106.62	66.63	72.74
Net Income	3,635	1,154	671.35	790.65	670.42	518.89
Net Income to Common	3,635	1,154	671.35	790.65	670.42	518.89
Net Income Growth	327.48%	71.96%	-15.09%	17.93%	29.20%	12.13%
Shares Outstanding (Basic)	861	862	861	859	780	774
Shares Outstanding (Diluted)	866	862	861	859	780	774
Shares Change (YoY)	0.83%	0.10%	0.15%	10.24%	0.66%	0.42%
EPS (Basic)	4.22	1.34	0.78	0.92	0.86	0.67
EPS (Diluted)	4.20	1.34	0.78	0.92	0.86	0.67
EPS Growth	323.97%	71.80%	-15.22%	6.98%	28.36%	11.67%
Free Cash Flow	-1,211	524.49	635.22	179.67	-744.95	-1,138
Free Cash Flow Per Share	-1.40	0.61	0.74	0.21	-0.96	-1.47
Dividend Per Share	0.300	0.300	0.190	0.190	0.192	0.190
Dividend Growth	58.07%	58.07%	-	-1.05%	1.07%	-
Gross Margin	33.94%	22.55%	20.47%	17.76%	20.11%	23.58%
Operating Margin	24.97%	12.37%	10.01%	10.41%	10.80%	12.84%
Profit Margin	21.19%	10.76%	8.46%	10.03%	9.02%	9.27%
Free Cash Flow Margin	-7.06%	4.89%	8.01%	2.28%	-10.02%	-20.32%
EBITDA	5,103	2,064	1,418	1,409	1,235	1,046
EBITDA Margin	29.75%	19.24%	17.88%	17.88%	16.62%	18.68%
D&A For EBITDA	820.6	736.73	624.9	588.92	432.77	327
EBIT	4,283	1,328	793.56	820.58	802.46	719.16
EBIT Margin	24.97%	12.37%	10.01%	10.41%	10.80%	12.84%
Effective Tax Rate	13.80%	12.00%	10.39%	11.88%	9.04%	12.29%
Revenue as Reported	17,151	10,731	7,931	7,885	7,432	5,600
Advertising Expenses	-	14.51	9.51	5.25	5.29	6.94

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