SHE:000519 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	9,869	9,056	4,374	5,899	6,500	7,298
Other Revenue	241.33	217.82	195.43	217.26	213.72	215.77
Revenue	10,111	9,274	4,569	6,116	6,714	7,514
Revenue Growth	106.61%	102.97%	-25.29%	-8.90%	-10.65%	16.26%
Cost of Revenue	8,761	8,085	4,043	4,221	4,902	6,087
Gross Profit	1,349	1,189	526.32	1,895	1,812	1,427
Selling, General & Admin	629.72	600.18	541.56	557.26	540.97	490.52
Research & Development	491.4	483.17	417.58	478.11	388.46	344.54
Other Operating Expenses	32.12	23.78	1.61	27.59	25.33	39.83
Operating Expenses	1,240	1,183	990.86	1,126	964.08	886.25
Operating Income	109.56	5.94	-464.54	768.99	847.65	540.84
Interest Expense	-1.51	-1.51	-14.24	-11.69	-2.88	-9.26
Interest & Investment Income	66.74	79.36	95.93	100.04	106.36	79.32
Currency Exchange Gain (Loss)	-2.45	0.15	0.46	1.32	2.51	-1.25
Other Non Operating Income (Expenses)	-2.91	-1.26	-1.95	-1.61	17.35	-2.31
EBT Excluding Unusual Items	169.43	82.68	-384.35	857.06	970.99	607.34
Gain (Loss) on Sale of Assets	0.08	0.08	-	4.97	2.48	-1.34
Asset Writedown	-3.79	-2.5	-0.63	-10.7	-4.25	-13.89
Legal Settlements	-	-	-	-0.94	-	-26.68
Other Unusual Items	10.35	11.99	22.78	51.39	-	38.53
Pretax Income	176.07	92.24	-362.19	901.77	969.22	603.96
Income Tax Expense	32.37	31.72	5.65	73.44	149.72	118.62
Earnings From Continuing Operations	143.7	60.52	-367.84	828.33	819.49	485.34
Minority Interest in Earnings	-24.09	-18.83	40.52	-	-	-
Net Income	119.61	41.7	-327.33	828.33	819.49	485.34
Net Income to Common	119.61	41.7	-327.33	828.33	819.49	485.34
Net Income Growth	-	-	-	1.08%	68.85%	76.77%
Shares Outstanding (Basic)	1,394	1,395	1,392	1,393	1,393	1,393
Shares Outstanding (Diluted)	1,394	1,395	1,392	1,393	1,393	1,393
Shares Change	0.08%	0.16%	-0.02%	0.01%	-0.01%	0.03%
EPS (Basic)	0.09	0.03	-0.24	0.59	0.59	0.35
EPS (Diluted)	0.09	0.03	-0.24	0.59	0.59	0.35
EPS Growth	-	-	-	1.07%	68.87%	76.72%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Free Cash Flow	272.94	-384.28	-297.04	-357.87	-65.35	1,074
Free Cash Flow Per Share	0.20	-0.28	-0.21	-0.26	-0.05	0.77
Dividend Per Share	0.025	0.025	-	0.055	0.055	0.050
Dividend Growth	-	-	-	0%	10.00%	-
Gross Margin	13.35%	12.82%	11.52%	30.98%	26.99%	18.99%
Operating Margin	1.08%	0.06%	-10.17%	12.57%	12.63%	7.20%
Profit Margin	1.18%	0.45%	-7.16%	13.54%	12.21%	6.46%
Free Cash Flow Margin	2.70%	-4.14%	-6.50%	-5.85%	-0.97%	14.30%
EBITDA	637.24	520.76	28.09	1,218	1,272	933.53
EBITDA Margin	6.30%	5.62%	0.61%	19.92%	18.95%	12.42%
D&A For EBITDA	527.68	514.82	492.63	449.29	424.4	392.69
EBIT	109.56	5.94	-464.54	768.99	847.65	540.84
EBIT Margin	1.08%	0.06%	-10.17%	12.57%	12.63%	7.20%
Effective Tax Rate	18.39%	34.39%	-	8.14%	15.45%	19.64%
Revenue as Reported	10,111	9,274	4,569	6,116	6,714	7,514
Advertising Expenses	-	0.05	0.05	0.39	0.66	0.47