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	Jun '26 Jun 30, 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	5,429	5,595	5,060	7,604	7,158	5,559
Other Revenue	157.65	160.07	159.51	185.77	108.98	96.6
Revenue	5,587	5,755	5,219	7,789	7,267	5,656
Revenue Growth	7.46%	10.26%	-32.99%	7.19%	28.48%	43.20%
Cost of Revenue	3,197	3,261	2,748	3,255	2,838	2,380
Gross Profit	2,390	2,494	2,471	4,534	4,429	3,276
Selling, General & Admin	914.62	962.19	1,006	1,006	1,051	1,177
Research & Development	339.54	326.64	359.38	440.34	516.19	369.82
Other Operating Expenses	87.65	56.1	36.95	55.74	64.81	49.93
Operating Expenses	1,451	1,421	1,499	1,563	1,678	1,591
Operating Income	938.88	1,073	972.27	2,971	2,751	1,685
Interest Expense	-19.86	-24.54	-33.92	-43.38	-39.82	-49.05
Interest & Investment Income	82.72	71.54	96.07	53.93	37.39	36.42
Currency Exchange Gain (Loss)	0.13	-0.08	-1.92	0.45	0.47	0.53
Other Non Operating Income (Expenses)	-8.09	-8.73	-12.66	-8.99	-10.04	12.15
EBT Excluding Unusual Items	993.79	1,111	1,020	2,973	2,739	1,685
Gain (Loss) on Sale of Investments	11.53	14.75	2.21	21.61	-23.14	-21.16
Gain (Loss) on Sale of Assets	3.53	0.02	0.17	0.96	2.59	1.48
Asset Writedown	0.38	-0.55	0.64	-1.35	-24.33	-11.43
Other Unusual Items	68.25	50.17	87.99	124.29	58.26	105.36
Pretax Income	1,077	1,176	1,111	3,119	2,753	1,759
Income Tax Expense	117.99	150.26	140	435.18	369.35	262.46
Earnings From Continuing Operations	959.49	1,026	970.85	2,683	2,383	1,497
Minority Interest in Earnings	0.45	-0.12	-0.66	-1.3	-0.59	-6.01
Net Income	959.94	1,025	970.18	2,682	2,383	1,491
Net Income to Common	959.94	1,025	970.18	2,682	2,383	1,491
Net Income Growth	11.36%	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	-0.11%	0.03%	5.92%	0.91%	0.63%	0.05%
EPS (Basic)	1.73	1.85	1.75	5.13	4.60	2.89
EPS (Diluted)	1.73	1.85	1.75	5.13	4.60	2.89
EPS Growth	11.49%	5.67%	-65.85%	11.55%	58.81%	146.08%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	938.85	1,033	1,138	767.52	383.06	858.76
Free Cash Flow Per Share	1.69	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	42.78%	43.34%	47.35%	58.21%	60.95%	57.92%
Operating Margin	16.80%	18.65%	18.63%	38.14%	37.86%	29.79%
Profit Margin	17.18%	17.82%	18.59%	34.43%	32.79%	26.36%
Free Cash Flow Margin	16.80%	17.96%	21.81%	9.85%	5.27%	15.18%
EBITDA	1,243	1,384	1,275	3,233	2,997	1,903
EBITDA Margin	22.25%	24.04%	24.43%	41.51%	41.24%	33.64%
D&A For EBITDA	304.15	310.29	302.66	262.42	245.33	217.6
EBIT	938.88	1,073	972.27	2,971	2,751	1,685
EBIT Margin	16.80%	18.65%	18.63%	38.14%	37.86%	29.79%
Effective Tax Rate	10.95%	12.78%	12.60%	13.96%	13.42%	14.92%
Revenue as Reported	5,587	5,755	5,219	7,789	7,267	5,656
Advertising Expenses	-	-	-	-	1.54	-