SHE:300978 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	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,054	2,154	2,003	1,736	1,604	1,444
Other Revenue	35.22	35.22	41.52	31.34	32.1	31.19
Revenue	2,089	2,190	2,045	1,767	1,636	1,475
Revenue Growth (YoY)	-5.86%	7.10%	15.70%	8.00%	10.92%	-5.77%
Cost of Revenue	1,527	1,585	1,434	1,323	1,204	957.61
Gross Profit	562.2	604.79	610.28	444.15	432.29	517.64
Selling, General & Admin	250.72	283.26	322.35	281.89	245.78	215.58
Research & Development	88.58	91.31	106.27	94.39	65.97	54.27
Other Operating Expenses	19.93	11.48	15.64	12.45	13.69	14.39
Operating Expenses	397.84	417.75	452.39	408.95	321.32	293.63
Operating Income	164.37	187.03	157.89	35.2	110.97	224.01
Interest Expense	-9.28	-15.8	-17.01	-26.13	-13.39	-4.06
Interest & Investment Income	17.81	19.81	18.71	20.61	40.6	48.41
Currency Exchange Gain (Loss)	16.26	16.26	2.07	78.7	-26.3	-51.16
Other Non Operating Income (Expenses)	-0.01	-1.49	-3.04	-2.76	-1.35	-1.35
EBT Excluding Unusual Items	189.14	205.81	158.61	105.63	110.54	215.84
Impairment of Goodwill	-	-	-3.75	-	-	-4.92
Gain (Loss) on Sale of Investments	1.4	1.66	6.89	-46.48	6.31	-5.04
Gain (Loss) on Sale of Assets	-0.09	-1.4	-1.51	-1.19	0.16	0.32
Asset Writedown	7.6	-3.21	-9.17	-1.95	-3.62	-4.29
Other Unusual Items	7.01	-2.95	9.26	12.86	12.85	17.26
Pretax Income	205.27	200.11	160.37	69.04	126.25	219.16
Income Tax Expense	40.88	35.93	25.43	-9.38	9.38	27.76
Earnings From Continuing Operations	164.38	164.18	134.93	78.42	116.87	191.41
Minority Interest in Earnings	-18.72	-13.75	5.76	7.1	-1.01	-0.72
Net Income	145.66	150.43	140.7	85.52	115.85	190.68
Net Income to Common	145.66	150.43	140.7	85.52	115.85	190.68
Net Income Growth	-3.01%	6.92%	64.52%	-26.18%	-39.24%	-5.79%
Shares Outstanding (Basic)	418	418	426	428	414	381
Shares Outstanding (Diluted)	418	418	426	428	414	381
Shares Change (YoY)	-2.58%	-1.99%	-0.29%	3.34%	8.49%	-0.13%
EPS (Basic)	0.35	0.36	0.33	0.20	0.28	0.50
EPS (Diluted)	0.35	0.36	0.33	0.20	0.28	0.50
EPS Growth	-0.45%	9.09%	65.00%	-28.57%	-44.00%	-5.66%
Free Cash Flow	282.65	202.1	137.04	-28.5	25.88	255.26
Free Cash Flow Per Share	0.68	0.48	0.32	-0.07	0.06	0.67
Dividend Per Share	0.400	0.350	0.200	0.150	0.100	0.500
Dividend Growth	60.00%	75.00%	33.33%	50.00%	-80.00%	-
Gross Margin	26.91%	27.62%	29.85%	25.13%	26.42%	35.09%
Operating Margin	7.87%	8.54%	7.72%	1.99%	6.78%	15.19%
Profit Margin	6.97%	6.87%	6.88%	4.84%	7.08%	12.93%
Free Cash Flow Margin	13.53%	9.23%	6.70%	-1.61%	1.58%	17.30%
EBITDA	265.32	273.08	224.04	101.67	180.73	276.78
EBITDA Margin	12.70%	12.47%	10.96%	5.75%	11.04%	18.76%
D&A For EBITDA	100.96	86.04	66.16	66.47	69.76	52.77
EBIT	164.37	187.03	157.89	35.2	110.97	224.01
EBIT Margin	7.87%	8.54%	7.72%	1.99%	6.78%	15.19%
Effective Tax Rate	19.92%	17.96%	15.86%	-	7.43%	12.67%
Revenue as Reported	2,089	2,190	2,045	1,767	1,636	1,475
Advertising Expenses	-	15.76	18.19	10.72	13.44	8.85

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