SHE:000715 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	633.63	650.9	670.49	709.72	596.95	765.28
Other Revenue	95.2	95.2	92.83	100.23	96.36	102.72
Revenue	728.83	746.09	763.32	809.95	693.3	867.99
Revenue Growth (YoY)	-4.49%	-2.26%	-5.76%	16.83%	-20.13%	1.11%
Cost of Revenue	315.34	323.7	331.03	357.37	310.96	389.62
Gross Profit	413.48	422.4	432.29	452.58	382.34	478.37
Selling, General & Admin	267.16	273.6	308.47	286.41	271.86	295.22
Other Operating Expenses	28.15	28.69	27.72	32.34	26.46	30.72
Operating Expenses	295.29	302.27	336.23	318.61	298.46	325.85
Operating Income	118.2	120.13	96.06	133.97	83.88	152.52
Interest Expense	-0.92	-0.92	-1.16	-1.03	-1.09	-0.94
Interest & Investment Income	40.95	40.67	43.7	44.22	43	37.97
Other Non Operating Income (Expenses)	-8.55	-9.2	-9.93	-11.3	-13.61	-14.88
EBT Excluding Unusual Items	149.68	150.68	128.68	165.86	112.17	174.68
Gain (Loss) on Sale of Investments	4.53	2.98	1.57	-0.8	-0.1	0.1
Gain (Loss) on Sale of Assets	0.04	0.41	0.01	-0.02	-	0.08
Asset Writedown	-0.01	-0.01	-0	-0.01	-0.04	-0.45
Other Unusual Items	1.26	1.26	5.69	-0.32	2.62	6.69
Pretax Income	155.5	155.32	135.95	164.71	114.65	181.1
Income Tax Expense	41.03	40.93	35.48	29.89	28.89	45.07
Earnings From Continuing Operations	114.47	114.39	100.47	134.82	85.75	136.03
Minority Interest in Earnings	-0.03	-0.16	-0.07	-0.47	-0.13	-0.13
Net Income	114.45	114.22	100.4	134.35	85.63	135.9
Net Income to Common	114.45	114.22	100.4	134.35	85.63	135.9
Net Income Growth	8.60%	13.77%	-25.27%	56.90%	-37.00%	40.09%
Shares Outstanding (Basic)	545	544	418	546	530	535
Shares Outstanding (Diluted)	545	544	418	546	530	535
Shares Change (YoY)	29.62%	30.02%	-23.34%	2.92%	-0.99%	-2.36%
EPS (Basic)	0.21	0.21	0.24	0.25	0.16	0.25
EPS (Diluted)	0.21	0.21	0.24	0.25	0.16	0.25
EPS Growth	-16.22%	-12.50%	-2.52%	52.45%	-36.37%	43.47%
Free Cash Flow	107.14	103.86	94.67	262.19	27.67	155.32
Free Cash Flow Per Share	0.20	0.19	0.23	0.48	0.05	0.29
Dividend Per Share	0.065	0.065	0.077	0.038	-	0.038
Dividend Growth	-15.47%	-15.47%	99.74%	-	-	-
Gross Margin	56.73%	56.62%	56.63%	55.88%	55.15%	55.11%
Operating Margin	16.22%	16.10%	12.58%	16.54%	12.10%	17.57%
Profit Margin	15.70%	15.31%	13.15%	16.59%	12.35%	15.66%
Free Cash Flow Margin	14.70%	13.92%	12.40%	32.37%	3.99%	17.89%
EBITDA	158.65	160.63	136.72	175.25	126.01	195.51
EBITDA Margin	21.77%	21.53%	17.91%	21.64%	18.18%	22.53%
D&A For EBITDA	40.45	40.5	40.66	41.28	42.14	42.99
EBIT	118.2	120.13	96.06	133.97	83.88	152.52
EBIT Margin	16.22%	16.10%	12.58%	16.54%	12.10%	17.57%
Effective Tax Rate	26.38%	26.36%	26.10%	18.15%	25.20%	24.89%
Revenue as Reported	746.09	746.09	763.32	809.95	693.3	867.99
Advertising Expenses	-	7.74	8.28	6.81	5.62	11.04

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