SHE:300628 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	5,794	5,606	4,334	4,805	3,681	2,752
Other Revenue	15.6	15.6	14.51	5.2	3.28	2.13
Revenue	5,810	5,621	4,348	4,811	3,684	2,754
Revenue Growth (YoY)	11.00%	29.28%	-9.62%	30.57%	33.76%	10.64%
Cost of Revenue	2,100	1,955	1,493	1,782	1,427	938.39
Gross Profit	3,710	3,666	2,855	3,028	2,258	1,816
Selling, General & Admin	515.26	447.69	408.74	367.17	286.66	225.65
Research & Development	583.18	559.35	499.07	495.64	364.68	291.42
Other Operating Expenses	94.86	63.62	46.57	51.24	27.36	26.13
Operating Expenses	1,200	1,071	956.67	915.11	687.26	548.8
Operating Income	2,510	2,596	1,899	2,113	1,570	1,267
Interest Expense	-0.41	-0.37	-1.21	-1.42	-1.24	-1.35
Interest & Investment Income	204.03	163.26	165.86	144.88	164.01	155.73
Currency Exchange Gain (Loss)	63.89	63.89	34.21	123.71	-19.74	-45.59
Other Non Operating Income (Expenses)	-9.03	-4.21	-4.17	-2.14	-1.32	-1.36
EBT Excluding Unusual Items	2,768	2,818	2,093	2,378	1,712	1,375
Gain (Loss) on Sale of Investments	-21.76	41.67	45.98	-29.13	21.94	-7.67
Gain (Loss) on Sale of Assets	-0.03	-	-0	-0.13	0.04	0.08
Asset Writedown	1.65	-0.06	-0.13	-	-	-
Other Unusual Items	52.63	35.34	41.21	26.5	35.2	35.49
Pretax Income	2,801	2,895	2,180	2,376	1,769	1,402
Income Tax Expense	259.6	247.27	170.06	197.93	153.1	123.7
Net Income	2,541	2,648	2,010	2,178	1,616	1,279
Net Income to Common	2,541	2,648	2,010	2,178	1,616	1,279
Net Income Growth	3.28%	31.72%	-7.69%	34.75%	26.38%	3.52%
Shares Outstanding (Basic)	1,264	1,264	1,264	1,264	1,258	1,254
Shares Outstanding (Diluted)	1,267	1,265	1,264	1,265	1,261	1,256
Shares Change (YoY)	0.22%	0.11%	-0.09%	0.33%	0.34%	0.07%
EPS (Basic)	2.01	2.10	1.59	1.72	1.28	1.02
EPS (Diluted)	2.01	2.09	1.59	1.72	1.28	1.02
EPS Growth	3.05%	31.57%	-7.61%	34.30%	25.95%	3.45%
Free Cash Flow	1,915	2,369	1,614	1,465	810.53	979.45
Free Cash Flow Per Share	1.51	1.87	1.28	1.16	0.64	0.78
Dividend Per Share	1.800	1.900	1.400	0.929	0.571	0.464
Dividend Growth	20.00%	35.71%	50.77%	62.51%	23.07%	8.33%
Gross Margin	63.86%	65.22%	65.67%	62.95%	61.28%	65.93%
Operating Margin	43.20%	46.17%	43.66%	43.93%	42.62%	46.00%
Profit Margin	43.74%	47.10%	46.23%	45.27%	43.86%	46.43%
Free Cash Flow Margin	32.96%	42.14%	37.11%	30.45%	22.00%	35.56%
EBITDA	2,596	2,672	1,962	2,169	1,604	1,295
EBITDA Margin	44.69%	47.54%	45.13%	45.09%	43.54%	47.03%
D&A For EBITDA	86.27	76.62	63.76	55.59	33.78	28.37
EBIT	2,510	2,596	1,899	2,113	1,570	1,267
EBIT Margin	43.20%	46.17%	43.66%	43.93%	42.62%	46.00%
Effective Tax Rate	9.27%	8.54%	7.80%	8.33%	8.65%	8.82%
Revenue as Reported	5,810	5,621	4,348	4,811	3,684	2,754

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