SHE:300957 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	5,153	5,707	5,707	4,998	4,008	2,621
Other Revenue	29.11	29.11	20.55	16.12	14.63	15.91
Revenue	5,182	5,736	5,727	5,014	4,022	2,636
Revenue Growth (YoY)	-17.92%	0.15%	14.23%	24.65%	52.57%	35.64%
Cost of Revenue	1,399	1,565	1,462	1,262	977.08	635.17
Gross Profit	3,783	4,170	4,266	3,752	3,045	2,001
Selling, General & Admin	3,195	3,379	3,023	2,391	1,926	1,276
Research & Development	266.86	295.17	298.82	254.7	113.22	63.44
Other Operating Expenses	127.47	63.06	47.45	54.71	52.12	10.77
Operating Expenses	3,591	3,750	3,382	2,700	2,097	1,355
Operating Income	192.04	420.76	883.6	1,052	948.45	645.86
Interest Expense	-16.66	-17.59	-4.97	-4.75	-4.19	-1.33
Interest & Investment Income	105.06	82.5	92.91	100.88	33.62	5.7
Currency Exchange Gain (Loss)	-1.23	-1.23	-0.72	0.03	-0	-
Other Non Operating Income (Expenses)	4.63	-1.13	-215.84	-1.72	-0.53	-2.21
EBT Excluding Unusual Items	283.84	483.32	754.97	1,147	977.35	648.01
Impairment of Goodwill	-90.69	-90.69	-	-	-	-
Gain (Loss) on Sale of Investments	174.31	177.55	-17.24	-5.52	10.8	-
Gain (Loss) on Sale of Assets	-0.6	-4.15	0.69	-0.03	0.52	-0.17
Asset Writedown	10	-25	-	-	-	-
Other Unusual Items	101.63	67.37	130.39	72.75	29.21	-
Pretax Income	478.49	608.4	868.82	1,214	1,018	647.84
Income Tax Expense	112.27	113.61	109.61	163.33	153.81	104.08
Earnings From Continuing Operations	366.23	494.79	759.21	1,051	864.06	543.75
Minority Interest in Earnings	-6.06	8.26	-2.42	0.8	-1.14	-0.25
Net Income	360.16	503.05	756.8	1,051	862.92	543.51
Net Income to Common	360.16	503.05	756.8	1,051	862.92	543.51
Net Income Growth	-39.20%	-33.53%	-28.02%	21.83%	58.77%	31.94%
Shares Outstanding (Basic)	424	419	423	424	407	360
Shares Outstanding (Diluted)	424	419	423	424	407	360
Shares Change (YoY)	0.66%	-0.85%	-0.27%	4.15%	13.09%	-0.39%
EPS (Basic)	0.85	1.20	1.79	2.48	2.12	1.51
EPS (Diluted)	0.85	1.20	1.79	2.48	2.12	1.51
EPS Growth	-39.60%	-32.96%	-27.82%	16.98%	40.40%	32.46%
Free Cash Flow	568.66	316.48	336.16	416.02	882.04	341.57
Free Cash Flow Per Share	1.34	0.76	0.80	0.98	2.17	0.95
Dividend Per Share	0.600	0.600	0.600	0.800	0.600	0.450
Dividend Growth	-0.08%	-0.08%	-24.94%	33.33%	33.33%	60.71%
Gross Margin	73.00%	72.71%	74.48%	74.83%	75.71%	75.91%
Operating Margin	3.71%	7.34%	15.43%	20.99%	23.58%	24.50%
Profit Margin	6.95%	8.77%	13.21%	20.97%	21.45%	20.61%
Free Cash Flow Margin	10.97%	5.52%	5.87%	8.30%	21.93%	12.96%
EBITDA	305.81	516.08	954.32	1,110	968.11	659.61
EBITDA Margin	5.90%	9.00%	16.66%	22.15%	24.07%	25.02%
D&A For EBITDA	113.77	95.32	70.72	58.23	19.66	13.74
EBIT	192.04	420.76	883.6	1,052	948.45	645.86
EBIT Margin	3.71%	7.34%	15.43%	20.99%	23.58%	24.50%
Effective Tax Rate	23.46%	18.67%	12.62%	13.46%	15.11%	16.07%
Revenue as Reported	5,182	5,736	5,522	5,014	4,022	2,636
Advertising Expenses	-	2,046	1,922	1,534	1,249	811.84

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