SHE:000690 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	8,634	7,887	9,902	9,152	9,245
Other Revenue	-	16.73	373.02	262.82	165.74
Revenue	8,634	7,904	10,275	9,415	9,411
Revenue Growth (YoY)	9.23%	-23.08%	9.13%	0.05%	31.44%
Selling, General & Admin	247.21	198.35	246.93	192.65	421.67
Provision for Bad Debts	-	1.92	3.44	-2.91	3.36
Other Operating Expenses	7,141	6,787	8,935	8,942	7,934
Total Operating Expenses	7,388	6,987	9,186	9,132	8,359
Operating Income	1,246	916.37	1,089	282.89	1,051
Interest Expense	-	-159.14	-230.93	-268.96	-292.08
Interest Income	241.56	195.92	292.09	367.38	335.08
Net Interest Expense	241.56	36.78	61.16	98.42	43.01
Currency Exchange Gain (Loss)	-	-0.39	0.86	-16.44	0.04
Other Non-Operating Income (Expenses)	-121.2	-1.1	4.41	0.68	-8.14
EBT Excluding Unusual Items	1,366	951.66	1,156	365.55	1,086
Gain (Loss) on Sale of Investments	-17.68	-18.56	-44.89	-206.17	-102.81
Gain (Loss) on Sale of Assets	-	-	0.13	0.19	-
Asset Writedown	-23.43	0.02	0.01	-	-0.01
Other Unusual Items	-	-4.35	-	7.53	-
Pretax Income	1,325	928.77	1,111	167.1	983.53
Income Tax Expense	300.26	223.23	222.35	-16.04	159.16
Earnings From Continuing Ops.	1,024	705.54	888.54	183.14	824.37
Net Income	1,024	705.54	888.54	183.14	824.37
Net Income to Common	1,024	705.54	888.54	183.14	824.37
Net Income Growth	45.21%	-20.59%	385.17%	-77.78%	-54.65%
Shares Outstanding (Basic)	2,180	2,176	2,176	2,289	2,169
Shares Outstanding (Diluted)	2,180	2,176	2,176	2,289	2,169
Shares Change (YoY)	0.18%	-	-4.95%	5.53%	0.24%
EPS (Basic)	0.47	0.32	0.41	0.08	0.38
EPS (Diluted)	0.47	0.32	0.41	0.08	0.38
EPS Growth	46.88%	-21.64%	410.44%	-78.95%	-54.76%
Free Cash Flow	1,035	1.11	24.37	944.77	1,154
Free Cash Flow Per Share	0.47	0.00	0.01	0.41	0.53
Dividend Per Share	-	0.150	0.300	0.030	0.050
Dividend Growth	-	-50.00%	900.00%	-40.00%	-83.33%
Profit Margin	11.87%	8.93%	8.65%	1.94%	8.76%
Free Cash Flow Margin	11.99%	0.01%	0.24%	10.04%	12.26%
EBITDA	1,830	1,551	1,781	1,029	1,818
EBITDA Margin	21.20%	19.62%	17.33%	10.93%	19.31%
D&A For EBITDA	584.72	634.27	691.81	746.13	766.13
EBIT	1,246	916.37	1,089	282.89	1,051
EBIT Margin	14.43%	11.59%	10.60%	3.00%	11.17%
Effective Tax Rate	22.66%	24.04%	20.02%	-	16.18%
Revenue as Reported	-	7,904	10,275	9,415	9,411

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.