SHE:000733 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	5,524	5,595	5,060	7,604	7,158	5,559
Other Revenue	160.07	160.07	159.51	185.77	108.98	96.6
Revenue	5,684	5,755	5,219	7,789	7,267	5,656
Revenue Growth (YoY)	11.15%	10.26%	-32.99%	7.19%	28.48%	43.20%
Cost of Revenue	3,241	3,261	2,748	3,255	2,838	2,380
Gross Profit	2,443	2,494	2,471	4,534	4,429	3,276
Selling, General & Admin	949.02	962.19	1,006	1,006	1,051	1,177
Research & Development	329.67	326.64	359.38	440.34	516.19	369.82
Other Operating Expenses	59.37	56.1	36.95	55.74	64.81	49.93
Operating Expenses	1,423	1,421	1,499	1,563	1,678	1,591
Operating Income	1,020	1,073	972.27	2,971	2,751	1,685
Interest Expense	-22.65	-24.54	-33.92	-43.38	-39.82	-49.05
Interest & Investment Income	78.47	71.54	96.07	53.93	37.39	36.42
Currency Exchange Gain (Loss)	-0.08	-0.08	-1.92	0.45	0.47	0.53
Other Non Operating Income (Expenses)	-7.89	-8.73	-12.66	-8.99	-10.04	12.15
EBT Excluding Unusual Items	1,068	1,111	1,020	2,973	2,739	1,685
Gain (Loss) on Sale of Investments	13.7	14.75	2.21	21.61	-23.14	-21.16
Gain (Loss) on Sale of Assets	0.58	0.02	0.17	0.96	2.59	1.48
Asset Writedown	1.17	-0.55	0.64	-1.35	-24.33	-11.43
Other Unusual Items	46.84	50.17	87.99	124.29	58.26	105.36
Pretax Income	1,130	1,176	1,111	3,119	2,753	1,759
Income Tax Expense	147.46	150.26	140	435.18	369.35	262.46
Earnings From Continuing Operations	982.5	1,026	970.85	2,683	2,383	1,497
Minority Interest in Earnings	0.31	-0.12	-0.66	-1.3	-0.59	-6.01
Net Income	982.81	1,025	970.18	2,682	2,383	1,491
Net Income to Common	982.81	1,025	970.18	2,682	2,383	1,491
Net Income Growth	6.05%	5.69%	-63.83%	12.57%	59.81%	146.21%
Shares Outstanding (Basic)	554	554	554	523	518	515
Shares Outstanding (Diluted)	554	554	554	523	518	515
Shares Change (YoY)	-0.03%	0.03%	5.92%	0.91%	0.63%	0.05%
EPS (Basic)	1.77	1.85	1.75	5.13	4.60	2.89
EPS (Diluted)	1.77	1.85	1.75	5.13	4.60	2.89
EPS Growth	6.07%	5.67%	-65.85%	11.55%	58.81%	146.08%
Free Cash Flow	880.6	1,033	1,138	767.52	383.06	858.76
Free Cash Flow Per Share	1.59	1.86	2.05	1.47	0.74	1.67
Dividend Per Share	0.380	0.380	0.180	1.114	1.145	0.300
Dividend Growth	111.11%	111.11%	-83.84%	-2.71%	281.67%	100.00%
Gross Margin	42.98%	43.34%	47.35%	58.21%	60.95%	57.92%
Operating Margin	17.94%	18.65%	18.63%	38.14%	37.86%	29.79%
Profit Margin	17.29%	17.82%	18.59%	34.43%	32.79%	26.36%
Free Cash Flow Margin	15.49%	17.96%	21.81%	9.85%	5.27%	15.18%
EBITDA	1,332	1,384	1,275	3,233	2,997	1,903
EBITDA Margin	23.44%	24.04%	24.43%	41.51%	41.24%	33.64%
D&A For EBITDA	312.2	310.29	302.66	262.42	245.33	217.6
EBIT	1,020	1,073	972.27	2,971	2,751	1,685
EBIT Margin	17.94%	18.65%	18.63%	38.14%	37.86%	29.79%
Effective Tax Rate	13.05%	12.78%	12.60%	13.96%	13.42%	14.92%
Revenue as Reported	5,684	5,755	5,219	7,789	7,267	5,656
Advertising Expenses	-	-	-	-	1.54	-

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