SHE:300664 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	1,710	1,886	2,069	1,873	2,084	2,121
Other Revenue	23.5	23.5	7.51	8.54	9.06	3.94
Revenue	1,733	1,910	2,077	1,882	2,093	2,125
Revenue Growth (YoY)	-12.12%	-8.04%	10.36%	-10.10%	-1.50%	9.91%
Cost of Revenue	1,181	1,332	1,354	1,247	1,393	1,294
Gross Profit	552.42	577.39	722.81	634.45	700.24	830.8
Selling, General & Admin	187.14	188.38	195.14	145.39	138.39	165.18
Research & Development	26.48	28.07	26.97	25.73	31.26	37.69
Other Operating Expenses	18.53	19.05	17.54	13.81	12.45	18.34
Operating Expenses	258.36	282.91	289.07	229.17	239.18	264.72
Operating Income	294.06	294.48	433.74	405.28	461.06	566.08
Interest Expense	-83.97	-87.68	-85.37	-89.2	-90.78	-90.77
Interest & Investment Income	-	4.09	119.77	49.74	29.59	11.84
Currency Exchange Gain (Loss)	0.63	0.63	-0	0.02	-	0
Other Non Operating Income (Expenses)	-66.87	-68.26	-77.63	-79.41	-10.69	-1.65
EBT Excluding Unusual Items	143.85	143.25	390.52	286.43	389.18	485.49
Impairment of Goodwill	-	-	-0.27	-	-	-
Gain (Loss) on Sale of Investments	18.67	-16.99	-15.99	-	-	0.03
Gain (Loss) on Sale of Assets	119.17	81.67	-0.01	-3.99	4.18	-0.46
Asset Writedown	3.34	-0.12	-2.56	-0.02	-0.11	-0.15
Legal Settlements	-	-	-20	-0.5	-	-
Other Unusual Items	1.76	1.76	7.98	7.51	4.59	3.88
Pretax Income	286.79	209.56	359.67	289.43	397.83	488.79
Income Tax Expense	74.47	68.43	112.26	76.06	82.39	96.4
Earnings From Continuing Operations	212.31	141.13	247.4	213.37	315.44	392.39
Minority Interest in Earnings	7.22	17.77	10.47	19.34	-3.95	-6.66
Net Income	219.53	158.91	257.87	232.72	311.49	385.74
Net Income to Common	219.53	158.91	257.87	232.72	311.49	385.74
Net Income Growth	41.04%	-38.38%	10.81%	-25.29%	-19.25%	33.06%
Shares Outstanding (Basic)	727	729	764	710	702	707
Shares Outstanding (Diluted)	727	729	764	710	702	707
Shares Change (YoY)	-3.97%	-4.55%	7.59%	1.13%	-0.64%	-1.83%
EPS (Basic)	0.30	0.22	0.34	0.33	0.44	0.55
EPS (Diluted)	0.30	0.22	0.34	0.33	0.44	0.55
EPS Growth	46.87%	-35.44%	2.99%	-26.13%	-18.73%	35.53%
Free Cash Flow	95.34	-28.27	-130.56	-48.72	-349.92	186.43
Free Cash Flow Per Share	0.13	-0.04	-0.17	-0.07	-0.50	0.26
Dividend Per Share	0.100	0.110	0.080	0.155	0.065	0.065
Dividend Growth	-28.57%	37.50%	-48.28%	137.99%	-	50.11%
Gross Margin	31.87%	30.23%	34.80%	33.72%	33.45%	39.10%
Operating Margin	16.97%	15.42%	20.89%	21.54%	22.03%	26.64%
Profit Margin	12.67%	8.32%	12.42%	12.37%	14.88%	18.15%
Free Cash Flow Margin	5.50%	-1.48%	-6.29%	-2.59%	-16.72%	8.77%
EBITDA	436.21	400.07	490.58	451.25	504.77	597.08
EBITDA Margin	25.17%	20.95%	23.62%	23.98%	24.12%	28.10%
D&A For EBITDA	142.16	105.59	56.84	45.97	43.71	31.01
EBIT	294.06	294.48	433.74	405.28	461.06	566.08
EBIT Margin	16.97%	15.42%	20.89%	21.54%	22.03%	26.64%
Effective Tax Rate	25.97%	32.65%	31.21%	26.28%	20.71%	19.72%
Revenue as Reported	1,733	1,910	2,077	1,882	2,093	2,125
Advertising Expenses	-	2.95	2.46	1.43	1.74	0.47

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