SHE:300487 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	2,583	2,542	2,478	1,913	1,191	920.13
Other Revenue	12.45	12.45	11.19	7.45	3.74	2.5
Revenue	2,596	2,554	2,489	1,920	1,195	922.63
Revenue Growth (YoY)	-7.43%	2.62%	29.62%	60.69%	29.51%	-8.82%
Cost of Revenue	1,232	1,291	1,280	1,075	662.35	492.53
Gross Profit	1,364	1,263	1,208	844.69	532.55	430.1
Selling, General & Admin	228.54	208.98	196.88	176.95	109.76	106.38
Research & Development	149.73	146.04	147.47	121.35	76.83	54.75
Other Operating Expenses	27.85	25.17	24.36	23.11	22.87	11.5
Operating Expenses	450.89	421.3	394.16	338.3	200.69	185.42
Operating Income	913.03	842.06	814.32	506.39	331.86	244.69
Interest Expense	-43.51	-41.95	-28.94	-6.24	-8.08	-13.65
Interest & Investment Income	63.98	45.19	30.29	50.92	25.2	4.54
Currency Exchange Gain (Loss)	12.81	12.81	21.39	48.38	-15.55	-30.22
Other Non Operating Income (Expenses)	20.28	3.44	-5.24	-2.9	-0.5	-2.38
EBT Excluding Unusual Items	966.58	861.55	831.82	596.55	332.93	202.97
Gain (Loss) on Sale of Investments	0.78	1.96	-33.38	3.15	-1.59	1.63
Gain (Loss) on Sale of Assets	0.08	0.04	-0.32	-0.01	0.08	-0.07
Asset Writedown	-2.6	-0.27	-	-0.14	-0.03	-0
Legal Settlements	-	-	-	-	1	-
Other Unusual Items	43.81	43.81	19.25	12.1	14.56	12.24
Pretax Income	1,009	907.08	817.37	611.65	346.95	216.77
Income Tax Expense	159.21	112.63	95.86	76.74	41.5	21.23
Earnings From Continuing Operations	849.43	794.45	721.51	534.92	305.45	195.54
Minority Interest in Earnings	-6.89	-7.21	-4.48	2.79	5.41	6.52
Net Income	842.54	787.24	717.03	537.7	310.86	202.05
Net Income to Common	842.54	787.24	717.03	537.7	310.86	202.05
Net Income Growth	5.94%	9.79%	33.35%	72.97%	53.85%	-19.59%
Shares Outstanding (Basic)	504	505	501	498	489	469
Shares Outstanding (Diluted)	511	508	509	503	493	469
Shares Change (YoY)	0.08%	-0.13%	1.20%	2.02%	5.09%	-3.83%
EPS (Basic)	1.67	1.56	1.43	1.08	0.64	0.43
EPS (Diluted)	1.65	1.55	1.41	1.07	0.63	0.43
EPS Growth	5.86%	9.93%	31.78%	69.55%	46.39%	-16.39%
Free Cash Flow	747.46	552.96	509.48	643.09	210.62	207.21
Free Cash Flow Per Share	1.46	1.09	1.00	1.28	0.43	0.44
Dividend Per Share	0.780	0.719	0.568	0.428	0.191	0.089
Dividend Growth	13.54%	26.58%	32.71%	123.97%	114.96%	-19.98%
Gross Margin	52.54%	49.46%	48.56%	43.99%	44.57%	46.62%
Operating Margin	35.17%	32.97%	32.72%	26.37%	27.77%	26.52%
Profit Margin	32.46%	30.82%	28.81%	28.00%	26.02%	21.90%
Free Cash Flow Margin	28.80%	21.65%	20.47%	33.49%	17.63%	22.46%
EBITDA	1,045	972.31	942.53	611	429.39	334.8
EBITDA Margin	40.25%	38.07%	37.87%	31.82%	35.94%	36.29%
D&A For EBITDA	131.78	130.25	128.22	104.62	97.53	90.12
EBIT	913.03	842.06	814.32	506.39	331.86	244.69
EBIT Margin	35.17%	32.97%	32.72%	26.37%	27.77%	26.52%
Effective Tax Rate	15.78%	12.42%	11.73%	12.55%	11.96%	9.79%
Revenue as Reported	2,596	2,554	2,489	1,920	1,195	922.63
Advertising Expenses	-	0.43	0.63	0.36	0.36	0.94

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