SHE:301236 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	2016 - 2020
Period Ending	Jun '25 Jun 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	2016 - 2020
Operating Revenue	34,551	31,299	17,578	19,102	16,619	12,981	Upgrade
Other Revenue	20.11	17.18	2.25	2.18	3.96	18.77	Upgrade
Revenue	34,571	31,316	17,581	19,104	16,623	12,999	Upgrade
Revenue Growth (YoY)	60.60%	78.13%	-7.97%	14.92%	27.88%	22.58%	Upgrade
Cost of Revenue	30,745	27,555	14,198	15,041	12,513	9,461	Upgrade
Gross Profit	3,826	3,761	3,382	4,063	4,110	3,539	Upgrade
Selling, General & Admin	2,562	2,543	1,957	2,059	2,005	1,422	Upgrade
Research & Development	952.19	909.67	951.93	1,052	988.31	806.23	Upgrade
Other Operating Expenses	232.58	124.21	35.66	10.95	35.06	27.86	Upgrade
Operating Expenses	3,880	3,667	2,980	3,161	3,048	2,178	Upgrade
Operating Income	-53.92	94.53	402.92	901.43	1,062	1,360	Upgrade
Interest Expense	-208.93	-198.67	-78.76	-131.53	-146.49	-165.11	Upgrade
Interest & Investment Income	63.54	77.63	70.52	64.55	21.17	30.77	Upgrade
Currency Exchange Gain (Loss)	-3.98	-12.54	0.41	2.3	-1.85	-3.61	Upgrade
Other Non Operating Income (Expenses)	51.9	25.04	4.94	8.9	-0.72	61.02	Upgrade
EBT Excluding Unusual Items	-151.4	-14.01	400.02	845.65	934.23	1,283	Upgrade
Impairment of Goodwill	-3.8	-3.8	-	-	-	-62.63	Upgrade
Gain (Loss) on Sale of Investments	71.45	11.44	-31.79	27.7	-0.11	-	Upgrade
Gain (Loss) on Sale of Assets	14.82	8.14	5.76	0.66	0.75	-0.05	Upgrade
Asset Writedown	-8.15	-10.67	-	-	-	-	Upgrade
Other Unusual Items	178.94	116.2	121.85	134.43	83.42	154.51	Upgrade
Pretax Income	101.86	107.3	495.85	1,008	1,018	1,375	Upgrade
Income Tax Expense	-30.12	-29.02	9.14	58.33	80.66	120.32	Upgrade
Earnings From Continuing Operations	131.98	136.32	486.71	950.11	937.63	1,255	Upgrade
Minority Interest in Earnings	60.13	44.06	47.19	23.21	7.15	3.66	Upgrade
Net Income	192.11	180.38	533.9	973.32	944.78	1,259	Upgrade
Net Income to Common	192.11	180.38	533.9	973.32	944.78	1,259	Upgrade
Net Income Growth	8.56%	-66.22%	-45.15%	3.02%	-24.94%	76.77%	Upgrade
Shares Outstanding (Basic)	942	949	953	918	810	809	Upgrade
Shares Outstanding (Diluted)	942	949	953	918	810	809	Upgrade
Shares Change (YoY)	-1.14%	-0.42%	3.83%	13.39%	0.08%	-0.00%	Upgrade
EPS (Basic)	0.20	0.19	0.56	1.06	1.17	1.56	Upgrade
EPS (Diluted)	0.20	0.19	0.56	1.06	1.17	1.56	Upgrade
EPS Growth	9.81%	-66.07%	-47.17%	-9.14%	-25.00%	76.77%	Upgrade
Free Cash Flow	-738.18	49.78	332.81	616.8	364.54	1,240	Upgrade
Free Cash Flow Per Share	-0.78	0.05	0.35	0.67	0.45	1.53	Upgrade
Dividend Per Share	0.100	0.100	0.180	0.333	-	-	Upgrade
Dividend Growth	-44.44%	-44.44%	-46.00%	-	-	-	Upgrade
Gross Margin	11.07%	12.01%	19.24%	21.27%	24.73%	27.22%	Upgrade
Operating Margin	-0.16%	0.30%	2.29%	4.72%	6.39%	10.46%	Upgrade
Profit Margin	0.56%	0.58%	3.04%	5.10%	5.68%	9.68%	Upgrade
Free Cash Flow Margin	-2.14%	0.16%	1.89%	3.23%	2.19%	9.54%	Upgrade
EBITDA	244.9	423.3	581.65	1,073	1,209	1,467	Upgrade
EBITDA Margin	0.71%	1.35%	3.31%	5.62%	7.27%	11.29%	Upgrade
D&A For EBITDA	298.82	328.77	178.73	171.24	146.49	107.09	Upgrade
EBIT	-53.92	94.53	402.92	901.43	1,062	1,360	Upgrade
EBIT Margin	-0.16%	0.30%	2.29%	4.72%	6.39%	10.46%	Upgrade
Effective Tax Rate	-	-	1.84%	5.78%	7.92%	8.75%	Upgrade
Revenue as Reported	34,571	31,316	17,581	19,104	16,623	12,999	Upgrade

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