SHE:000651 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	Jan '25 Jan 1, 2025	Jan '24 Jan 1, 2024	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Operating Revenue	155,241	153,782	169,715	174,565	153,166	144,841
Other Revenue	16,665	16,665	19,448	29,414	35,823	43,028
Revenue	171,906	170,447	189,164	203,979	188,988	187,869
Revenue Growth (YoY)	-11.53%	-9.89%	-7.26%	7.93%	0.60%	11.69%
Cost of Revenue	120,733	119,697	133,638	146,028	140,378	142,695
Gross Profit	51,173	50,750	55,526	57,951	48,610	45,174
Selling, General & Admin	14,357	13,596	15,816	21,349	16,559	15,638
Research & Development	6,204	6,463	6,904	6,762	6,281	6,297
Other Operating Expenses	1,527	1,535	991.6	1,971	1,594	1,051
Operating Expenses	21,343	20,975	23,996	30,930	24,981	23,193
Operating Income	29,830	29,775	31,530	27,021	23,629	21,981
Interest Expense	-1,794	-1,992	-2,537	-3,089	-2,919	-2,275
Interest & Investment Income	6,733	6,958	7,434	7,446	5,896	6,550
Currency Exchange Gain (Loss)	251.33	251.33	-250.08	373	500.02	-99.2
Other Non Operating Income (Expenses)	-302.98	-80.86	-65.28	-69.07	-98.02	-125.8
EBT Excluding Unusual Items	34,717	34,912	36,111	31,682	27,008	26,030
Impairment of Goodwill	-43.61	-43.61	-266.7	-206.86	-246.57	-107.05
Gain (Loss) on Sale of Investments	370.5	164.26	-273.98	437.58	-343.58	-58.13
Gain (Loss) on Sale of Assets	11.03	39.63	-98.62	382.92	0.61	6.21
Asset Writedown	-1,286	-1,365	-519.67	-240.09	-49.84	-16.02
Other Unusual Items	936.9	936.9	1,944	759.97	848.4	947.98
Pretax Income	34,706	34,645	36,896	32,816	27,217	26,803
Income Tax Expense	5,686	5,782	4,525	5,097	4,206	3,971
Earnings From Continuing Operations	29,020	28,863	32,371	27,719	23,011	22,832
Net Income to Company	29,020	28,863	32,371	27,719	23,011	22,832
Minority Interest in Earnings	160.87	140.36	-186.5	1,298	1,495	231.84
Net Income	29,181	29,003	32,185	29,017	24,507	23,064
Net Income to Common	29,181	29,003	32,185	29,017	24,507	23,064
Net Income Growth	-12.67%	-9.88%	10.91%	18.41%	6.26%	4.01%
Shares Outstanding (Basic)	5,593	5,578	5,521	5,559	5,532	5,709
Shares Outstanding (Diluted)	5,593	5,578	5,521	5,559	5,532	5,709
Shares Change (YoY)	1.23%	1.03%	-0.69%	0.49%	-3.10%	-4.59%
EPS (Basic)	5.22	5.20	5.83	5.22	4.43	4.04
EPS (Diluted)	5.22	5.20	5.83	5.22	4.43	4.04
EPS Growth	-13.73%	-10.81%	11.69%	17.83%	9.65%	9.02%
Free Cash Flow	41,727	44,666	26,069	50,973	22,632	-3,833
Free Cash Flow Per Share	7.46	8.01	4.72	9.17	4.09	-0.67
Dividend Per Share	3.000	3.000	3.000	2.380	2.000	3.000
Dividend Growth	-	-	26.05%	19.00%	-33.33%	-25.00%
Gross Margin	29.77%	29.78%	29.35%	28.41%	25.72%	24.05%
Operating Margin	17.35%	17.47%	16.67%	13.25%	12.50%	11.70%
Profit Margin	16.98%	17.02%	17.01%	14.23%	12.97%	12.28%
Free Cash Flow Margin	24.27%	26.21%	13.78%	24.99%	11.97%	-2.04%
EBITDA	34,758	34,769	36,787	32,304	28,599	25,625
EBITDA Margin	20.22%	20.40%	19.45%	15.84%	15.13%	13.64%
D&A For EBITDA	4,928	4,994	5,257	5,283	4,970	3,644
EBIT	29,830	29,775	31,530	27,021	23,629	21,981
EBIT Margin	17.35%	17.47%	16.67%	13.25%	12.50%	11.70%
Effective Tax Rate	16.38%	16.69%	12.26%	15.53%	15.45%	14.82%
Revenue as Reported	172,560	171,118	190,038	205,018	190,151	189,654

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