SHE:000628 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	Mar '26 Mar 31, 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	4,814	4,979	7,108	8,004	6,565	6,612
Other Revenue	1.66	1.66	19.53	4.47	5.78	-
Revenue	4,816	4,980	7,127	8,008	6,571	6,612
Revenue Growth (YoY)	-28.04%	-30.13%	-11.00%	21.88%	-0.62%	19.50%
Cost of Revenue	4,287	4,441	6,515	7,379	6,013	6,078
Gross Profit	528.97	539.26	612.62	628.89	557.88	533.87
Selling, General & Admin	226.64	224.16	237.25	251.46	207.16	210.88
Research & Development	21.21	24.44	49.53	40.03	23.53	12.3
Other Operating Expenses	18.02	17.73	31.72	19.06	24.65	22.27
Operating Expenses	307.36	307.82	308.35	269.99	346.97	310.75
Operating Income	221.62	231.44	304.27	358.9	210.92	223.12
Interest Expense	-64.87	-64.87	-83.34	-89.3	-72.81	-55.06
Interest & Investment Income	34.05	34.05	13.09	271.54	98.68	71.42
Currency Exchange Gain (Loss)	-0.24	-0.24	0.19	-0.27	-	-
Other Non Operating Income (Expenses)	4.57	-0.8	-0.65	2.8	-2.7	-8.13
EBT Excluding Unusual Items	195.13	199.58	233.56	543.68	234.08	231.34
Impairment of Goodwill	-53.19	-53.19	-105.36	-3.02	-	-
Gain (Loss) on Sale of Investments	-10.29	-9.97	5.95	5.04	23.88	4.54
Gain (Loss) on Sale of Assets	41.54	41.55	16.91	0.02	0.03	0.02
Asset Writedown	-20.43	-24.54	0.01	-0.05	-0	-0.02
Other Unusual Items	4.39	4.39	4.24	9.42	3.44	-1.03
Pretax Income	157.15	157.83	155.31	555.09	261.42	234.83
Income Tax Expense	90.27	90.72	124.39	223.74	69.55	61.71
Earnings From Continuing Operations	66.88	67.11	30.92	331.36	191.87	173.13
Minority Interest in Earnings	41.35	42.13	30.45	34.58	7.2	-9.78
Net Income	108.24	109.24	61.37	365.94	199.07	163.35
Net Income to Common	108.24	109.24	61.37	365.94	199.07	163.35
Net Income Growth	264.93%	78.00%	-83.23%	83.82%	21.87%	-32.17%
Shares Outstanding (Basic)	355	352	353	352	352	352
Shares Outstanding (Diluted)	355	352	353	352	352	352
Shares Change (YoY)	0.80%	-0.12%	0.14%	-0.04%	0.08%	11.82%
EPS (Basic)	0.31	0.31	0.17	1.04	0.56	0.46
EPS (Diluted)	0.31	0.31	0.17	1.04	0.56	0.46
EPS Growth	261.93%	78.16%	-83.25%	83.89%	21.77%	-39.35%
Free Cash Flow	-25.56	185.35	-736.72	-827.19	83.09	395.44
Free Cash Flow Per Share	-0.07	0.53	-2.09	-2.35	0.24	1.12
Dividend Per Share	0.100	0.100	0.055	0.152	0.025	0.030
Dividend Growth	81.82%	81.82%	-63.82%	508.00%	-16.67%	-74.36%
Gross Margin	10.98%	10.83%	8.60%	7.85%	8.49%	8.08%
Operating Margin	4.60%	4.65%	4.27%	4.48%	3.21%	3.38%
Profit Margin	2.25%	2.19%	0.86%	4.57%	3.03%	2.47%
Free Cash Flow Margin	-0.53%	3.72%	-10.34%	-10.33%	1.26%	5.98%
EBITDA	280.72	292.17	371.52	409.34	249.81	250.08
EBITDA Margin	5.83%	5.87%	5.21%	5.11%	3.80%	3.78%
D&A For EBITDA	59.1	60.73	67.24	50.44	38.89	26.96
EBIT	221.62	231.44	304.27	358.9	210.92	223.12
EBIT Margin	4.60%	4.65%	4.27%	4.48%	3.21%	3.37%
Effective Tax Rate	57.44%	57.48%	80.09%	40.31%	26.61%	26.28%
Revenue as Reported	4,980	4,980	7,127	8,008	6,571	6,612
Advertising Expenses	-	0.38	0.65	2.22	-	-

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