SHE:300832 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	4,541	4,527	3,920	3,040	2,539	2,190
Other Revenue	8.2	8.2	9.91	6.47	6.17	5.12
Revenue	4,549	4,535	3,930	3,047	2,545	2,195
Revenue Growth (YoY)	2.55%	15.42%	28.97%	19.70%	15.97%	30.53%
Cost of Revenue	1,394	1,267	1,064	906.2	734.3	500.87
Gross Profit	3,155	3,269	2,866	2,141	1,811	1,694
Selling, General & Admin	897.69	839.96	736.09	463.67	537.29	503.63
Research & Development	498.47	453.59	366.05	317.71	215.05	150.58
Other Operating Expenses	53.61	16	15.25	12.49	8.57	5.72
Operating Expenses	1,476	1,336	1,128	807.89	753.54	671.47
Operating Income	1,678	1,933	1,739	1,333	1,058	1,023
Interest Expense	-0.54	-0.42	-0.43	-0.27	-0.15	-
Interest & Investment Income	112.74	108.16	89.8	66.76	56.6	59.74
Currency Exchange Gain (Loss)	18.64	18.64	17.71	68.98	-31.3	-27.1
Other Non Operating Income (Expenses)	2.47	-3.37	-2.83	-2.23	-1.43	2.5
EBT Excluding Unusual Items	1,812	2,056	1,843	1,466	1,081	1,058
Gain (Loss) on Sale of Investments	29.93	28.94	18.55	15.62	18.76	0.97
Gain (Loss) on Sale of Assets	0	0.04	0.05	0.62	0.1	-0.25
Asset Writedown	-0.43	-0.43	-1.52	-1.52	-1.86	-0.63
Other Unusual Items	34.69	9.1	33.23	20.38	37.24	38.89
Pretax Income	1,876	2,093	1,893	1,501	1,136	1,097
Income Tax Expense	226.2	264.74	239.41	173.28	161.83	157.61
Net Income	1,650	1,828	1,654	1,328	973.7	939.15
Net Income to Common	1,650	1,828	1,654	1,328	973.7	939.15
Net Income Growth	-10.85%	10.57%	24.53%	36.38%	3.68%	21.55%
Shares Outstanding (Basic)	786	786	785	785	784	750
Shares Outstanding (Diluted)	786	786	786	786	786	750
Shares Change (YoY)	-0.00%	-0.01%	-0.07%	0.04%	4.76%	6.61%
EPS (Basic)	2.10	2.33	2.11	1.69	1.24	1.25
EPS (Diluted)	2.10	2.33	2.10	1.69	1.24	1.25
EPS Growth	-10.85%	10.59%	24.61%	36.32%	-1.03%	14.02%
Free Cash Flow	1,126	917.24	1,096	559.17	430.28	721.84
Free Cash Flow Per Share	1.43	1.17	1.40	0.71	0.55	0.96
Dividend Per Share	1.300	1.300	1.000	0.700	0.600	1.316
Dividend Growth	30.00%	30.00%	42.86%	16.67%	-54.40%	-
Gross Margin	69.35%	72.07%	72.93%	70.26%	71.15%	77.18%
Operating Margin	36.90%	42.61%	44.24%	43.74%	41.55%	46.59%
Profit Margin	36.27%	40.31%	42.08%	43.58%	38.25%	42.79%
Free Cash Flow Margin	24.75%	20.22%	27.89%	18.35%	16.90%	32.89%
EBITDA	1,877	2,110	1,888	1,445	1,151	1,102
EBITDA Margin	41.26%	46.52%	48.05%	47.42%	45.23%	50.20%
D&A For EBITDA	198.51	177.54	149.58	111.87	93.64	79.15
EBIT	1,678	1,933	1,739	1,333	1,058	1,023
EBIT Margin	36.90%	42.61%	44.24%	43.74%	41.55%	46.59%
Effective Tax Rate	12.06%	12.65%	12.65%	11.54%	14.25%	14.37%
Revenue as Reported	4,549	4,535	3,930	3,047	2,545	2,195
Advertising Expenses	-	73.75	58.54	34.34	20.25	2.31

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