SHE:000739 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	9,445	9,728	11,957	11,440	10,506	8,910
Other Revenue	55.48	55.48	65.35	33.92	39.1	32.44
Revenue	9,501	9,784	12,022	11,474	10,545	8,943
Revenue Growth (YoY)	-17.77%	-18.62%	4.77%	8.81%	17.92%	13.49%
Cost of Revenue	6,953	7,298	9,225	8,621	8,075	6,579
Gross Profit	2,548	2,486	2,796	2,853	2,470	2,364
Selling, General & Admin	947.05	971.42	1,121	1,125	985.33	906.43
Research & Development	576.41	611.17	641.47	624.87	532.92	446.22
Other Operating Expenses	66.4	35.38	12.76	23.3	31.76	33.05
Operating Expenses	1,601	1,608	1,785	1,775	1,563	1,405
Operating Income	946.53	877.83	1,012	1,078	906.8	959.39
Interest Expense	-27.92	-24.65	-32.2	-43.77	-59.23	-35.72
Interest & Investment Income	90.25	131.78	92.17	113.47	75.83	165.7
Currency Exchange Gain (Loss)	-25.51	-25.51	58.38	38.13	93.42	-23.09
Other Non Operating Income (Expenses)	-34.61	-1.82	2.18	-23.85	-5.38	-3.58
EBT Excluding Unusual Items	948.74	957.62	1,132	1,162	1,011	1,063
Gain (Loss) on Sale of Investments	-1.88	-	-10.13	-21.7	-82.61	-23.62
Gain (Loss) on Sale of Assets	8.84	9.03	0.28	1.33	1.37	0.28
Asset Writedown	-0.19	-5	-8.37	-	-4.67	-7.95
Other Unusual Items	111.03	104.55	89.22	63.23	86.52	82.67
Pretax Income	1,067	1,066	1,203	1,205	1,012	1,114
Income Tax Expense	175.16	175.52	172.44	149.34	22.89	158.53
Earnings From Continuing Operations	891.38	890.68	1,031	1,055	989.17	955.55
Minority Interest in Earnings	-0.23	-0	0.27	0.03	0	-
Net Income	891.15	890.68	1,031	1,055	989.17	955.55
Net Income to Common	891.15	890.68	1,031	1,055	989.17	955.55
Net Income Growth	-13.98%	-13.62%	-2.30%	6.69%	3.52%	17.00%
Shares Outstanding (Basic)	1,150	1,153	1,163	1,169	1,174	1,179
Shares Outstanding (Diluted)	1,150	1,153	1,163	1,169	1,174	1,179
Shares Change (YoY)	-1.11%	-0.86%	-0.52%	-0.40%	-0.38%	-0.00%
EPS (Basic)	0.77	0.77	0.89	0.90	0.84	0.81
EPS (Diluted)	0.77	0.77	0.89	0.90	0.84	0.81
EPS Growth	-13.01%	-12.87%	-1.78%	7.12%	3.91%	17.00%
Free Cash Flow	990.34	833.99	748.01	400.9	817	-90.18
Free Cash Flow Per Share	0.86	0.72	0.64	0.34	0.70	-0.08
Dividend Per Share	0.586	0.586	0.356	0.317	0.297	0.285
Dividend Growth	64.68%	64.68%	12.35%	6.70%	4.21%	17.28%
Gross Margin	26.81%	25.41%	23.26%	24.86%	23.42%	26.43%
Operating Margin	9.96%	8.97%	8.42%	9.39%	8.60%	10.73%
Profit Margin	9.38%	9.10%	8.58%	9.20%	9.38%	10.69%
Free Cash Flow Margin	10.42%	8.52%	6.22%	3.49%	7.75%	-1.01%
EBITDA	1,633	1,540	1,576	1,631	1,296	1,318
EBITDA Margin	17.19%	15.74%	13.11%	14.21%	12.29%	14.74%
D&A For EBITDA	686.68	662.17	564.15	553.06	389.43	358.64
EBIT	946.53	877.83	1,012	1,078	906.8	959.39
EBIT Margin	9.96%	8.97%	8.42%	9.39%	8.60%	10.73%
Effective Tax Rate	16.42%	16.46%	14.33%	12.40%	2.26%	14.23%
Revenue as Reported	9,501	9,784	12,022	11,474	10,545	8,943
Advertising Expenses	-	9.35	11.29	9.67	1.61	1.86

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