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	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	9,101	9,728	11,957	11,440	10,506	8,910
Other Revenue	61.7	55.48	65.35	33.92	39.1	32.44
Revenue	9,162	9,784	12,022	11,474	10,545	8,943
Revenue Growth	-16.99%	-18.62%	4.77%	8.81%	17.92%	13.49%
Cost of Revenue	6,648	7,298	9,225	8,621	8,075	6,579
Gross Profit	2,515	2,486	2,796	2,853	2,470	2,364
Selling, General & Admin	930.27	971.42	1,121	1,125	985.33	906.43
Research & Development	565.78	611.17	641.47	624.87	532.92	446.22
Other Operating Expenses	73.08	35.38	12.76	23.3	31.76	33.05
Operating Expenses	1,590	1,608	1,785	1,775	1,563	1,405
Operating Income	924.29	877.83	1,012	1,078	906.8	959.39
Interest Expense	-29.71	-24.65	-32.2	-43.77	-59.23	-35.72
Interest & Investment Income	97.53	131.78	92.17	113.47	75.83	165.7
Currency Exchange Gain (Loss)	-97.17	-25.51	58.38	38.13	93.42	-23.09
Other Non Operating Income (Expenses)	-1.87	-1.82	2.18	-23.85	-5.38	-3.58
EBT Excluding Unusual Items	893.07	957.62	1,132	1,162	1,011	1,063
Gain (Loss) on Sale of Investments	7.68	-	-10.13	-21.7	-82.61	-23.62
Gain (Loss) on Sale of Assets	8.01	9.03	0.28	1.33	1.37	0.28
Asset Writedown	-3.42	-5	-8.37	-	-4.67	-7.95
Other Unusual Items	123.89	104.55	89.22	63.23	86.52	82.67
Pretax Income	1,029	1,066	1,203	1,205	1,012	1,114
Income Tax Expense	179.06	175.52	172.44	149.34	22.89	158.53
Earnings From Continuing Operations	850.17	890.68	1,031	1,055	989.17	955.55
Minority Interest in Earnings	-0.17	-0	0.27	0.03	0	-
Net Income	850.01	890.68	1,031	1,055	989.17	955.55
Net Income to Common	850.01	890.68	1,031	1,055	989.17	955.55
Net Income Growth	-12.31%	-13.62%	-2.30%	6.69%	3.52%	17.00%
Shares Outstanding (Basic)	1,153	1,153	1,163	1,169	1,174	1,179
Shares Outstanding (Diluted)	1,153	1,153	1,163	1,169	1,174	1,179
Shares Change	-0.50%	-0.86%	-0.52%	-0.40%	-0.38%	-0.00%
EPS (Basic)	0.74	0.77	0.89	0.90	0.84	0.81
EPS (Diluted)	0.74	0.77	0.89	0.90	0.84	0.81
EPS Growth	-11.87%	-12.87%	-1.78%	7.12%	3.91%	17.00%

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	437.83	833.99	748.01	400.9	817	-90.18
Free Cash Flow Per Share	0.38	0.72	0.64	0.34	0.70	-0.08
Dividend Per Share	0.377	0.586	0.356	0.317	0.297	0.285
Dividend Growth	-46.48%	64.68%	12.35%	6.70%	4.21%	17.28%
Gross Margin	27.45%	25.41%	23.26%	24.86%	23.42%	26.43%
Operating Margin	10.09%	8.97%	8.42%	9.39%	8.60%	10.73%
Profit Margin	9.28%	9.10%	8.58%	9.20%	9.38%	10.69%
Free Cash Flow Margin	4.78%	8.52%	6.22%	3.49%	7.75%	-1.01%
EBITDA	1,598	1,540	1,576	1,631	1,296	1,318
EBITDA Margin	17.44%	15.74%	13.11%	14.21%	12.29%	14.74%
D&A For EBITDA	673.91	662.17	564.15	553.06	389.43	358.64
EBIT	924.29	877.83	1,012	1,078	906.8	959.39
EBIT Margin	10.09%	8.97%	8.42%	9.39%	8.60%	10.73%
Effective Tax Rate	17.40%	16.46%	14.33%	12.40%	2.26%	14.23%
Revenue as Reported	9,162	9,784	12,022	11,474	10,545	8,943
Advertising Expenses	-	9.35	11.29	9.67	1.61	1.86