SHE:301058 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	2018 - 2019
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	2018 - 2019
Operating Revenue	3,012	2,628	2,390	2,675	2,145	2,021	Upgrade
Other Revenue	23.95	23.95	24.75	22.81	24.7	20.17	Upgrade
Revenue	3,036	2,652	2,414	2,698	2,170	2,041	Upgrade
Revenue Growth (YoY)	30.36%	9.84%	-10.51%	24.36%	6.30%	4.85%	Upgrade
Cost of Revenue	2,346	1,977	1,823	2,143	1,708	1,653	Upgrade
Gross Profit	690.04	674.72	591.39	555.03	461.65	388.44	Upgrade
Selling, General & Admin	193.13	185.77	173.75	185.33	157.73	137.67	Upgrade
Research & Development	150.74	134.42	134.05	114.13	81.42	53.15	Upgrade
Other Operating Expenses	19.55	20.24	15.98	16.61	14.82	12.24	Upgrade
Operating Expenses	462.73	453.31	366.63	375.58	292.17	244.22	Upgrade
Operating Income	227.32	221.41	224.76	179.45	169.47	144.23	Upgrade
Interest Expense	-6.64	-3.13	-4.08	-4.02	-0.27	-	Upgrade
Interest & Investment Income	26.95	22.8	19.63	22.23	16.36	8.08	Upgrade
Currency Exchange Gain (Loss)	0.38	0.38	1.29	1.58	-0.85	-1.37	Upgrade
Other Non Operating Income (Expenses)	2.55	1.69	2.25	-4.89	-3.34	-2.23	Upgrade
EBT Excluding Unusual Items	250.55	243.14	243.84	194.36	181.37	148.71	Upgrade
Impairment of Goodwill	-	-	-0.03	-	-	-	Upgrade
Gain (Loss) on Sale of Investments	1.35	1.19	1.26	2.15	0.08	-	Upgrade
Gain (Loss) on Sale of Assets	0.06	0.01	-0.17	0.2	0	0.11	Upgrade
Asset Writedown	0.07	-0.07	-0.45	-0.03	-0.15	0.09	Upgrade
Legal Settlements	-7.64	-7.64	-7.33	-4.43	-3.63	-4.07	Upgrade
Other Unusual Items	17.29	17.29	16.65	13	13.95	10.22	Upgrade
Pretax Income	261.67	253.92	253.77	205.25	191.61	155.06	Upgrade
Income Tax Expense	23.48	20.83	29.47	26.91	26.63	23.1	Upgrade
Earnings From Continuing Operations	238.2	233.09	224.3	178.34	164.99	131.96	Upgrade
Minority Interest in Earnings	-1.88	0.58	-6.61	-9.63	-3.5	-2.9	Upgrade
Net Income	236.32	233.67	217.69	168.71	161.49	129.06	Upgrade
Net Income to Common	236.32	233.67	217.69	168.71	161.49	129.06	Upgrade
Net Income Growth	4.23%	7.34%	29.03%	4.47%	25.12%	47.75%	Upgrade
Shares Outstanding (Basic)	517	508	518	511	436	416	Upgrade
Shares Outstanding (Diluted)	517	508	518	511	436	416	Upgrade
Shares Change (YoY)	0.36%	-1.99%	1.38%	17.14%	4.83%	14.39%	Upgrade
EPS (Basic)	0.46	0.46	0.42	0.33	0.37	0.31	Upgrade
EPS (Diluted)	0.46	0.46	0.42	0.33	0.37	0.31	Upgrade
EPS Growth	3.85%	9.52%	27.27%	-10.81%	19.36%	29.17%	Upgrade
Free Cash Flow	98.2	497.5	412.09	83.79	205.78	196.74	Upgrade
Free Cash Flow Per Share	0.19	0.98	0.80	0.16	0.47	0.47	Upgrade
Dividend Per Share	0.150	0.150	0.150	0.200	0.150	-	Upgrade
Dividend Growth	-	-	-25.00%	33.33%	-	-	Upgrade
Gross Margin	22.73%	25.44%	24.49%	20.57%	21.28%	19.03%	Upgrade
Operating Margin	7.49%	8.35%	9.31%	6.65%	7.81%	7.07%	Upgrade
Profit Margin	7.78%	8.81%	9.02%	6.25%	7.44%	6.32%	Upgrade
Free Cash Flow Margin	3.23%	18.76%	17.07%	3.11%	9.49%	9.64%	Upgrade
EBITDA	264.92	261.38	267.9	222.28	207.08	177.05	Upgrade
EBITDA Margin	8.72%	9.86%	11.09%	8.24%	9.54%	8.67%	Upgrade
D&A For EBITDA	37.6	39.97	43.13	42.82	37.61	32.82	Upgrade
EBIT	227.32	221.41	224.76	179.45	169.47	144.23	Upgrade
EBIT Margin	7.49%	8.35%	9.31%	6.65%	7.81%	7.07%	Upgrade
Effective Tax Rate	8.97%	8.20%	11.61%	13.11%	13.89%	14.90%	Upgrade
Revenue as Reported	3,036	2,652	2,414	2,698	2,170	2,041	Upgrade
Advertising Expenses	-	1.31	0.88	1.2	0.8	0.67	Upgrade

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