SHE:000766 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	1,170	1,169	1,322	1,470	1,470	1,514
Other Revenue	1.26	1.26	0.5	3.57	0.58	1.32
Revenue	1,171	1,170	1,323	1,473	1,471	1,515
Revenue Growth (YoY)	-11.72%	-11.54%	-10.23%	0.18%	-2.95%	36.31%
Cost of Revenue	315.51	325.01	329.03	381.17	352.93	350.18
Gross Profit	855.27	844.95	993.53	1,092	1,118	1,165
Selling, General & Admin	686.21	677.13	789.26	905	923.47	986.24
Research & Development	44.26	39.85	50.34	45.82	64.91	63.52
Other Operating Expenses	14.98	14.08	9.88	10.62	11.57	5.4
Operating Expenses	744.82	730.43	853.14	970.43	996.86	1,052
Operating Income	110.45	114.52	140.39	121.75	120.96	113.33
Interest Expense	-81.89	-81.89	-84.98	-83.15	-88.79	-97.19
Interest & Investment Income	7	7	5.28	4.02	11.5	26.36
Other Non Operating Income (Expenses)	-5.19	-4.43	-2.66	1.23	-3.64	3.47
EBT Excluding Unusual Items	30.36	35.2	58.03	43.85	40.02	45.98
Gain (Loss) on Sale of Investments	0.38	-0.03	0.03	-2.61	-0.05	-0.01
Gain (Loss) on Sale of Assets	-0.05	-0.05	-0.17	-0.21	-0.02	0.83
Asset Writedown	-0.28	-0.28	-0.12	0.22	-0.11	-1.49
Other Unusual Items	7.86	7.86	9.32	13.61	10.33	14.32
Pretax Income	38.29	42.71	67.09	54.86	50.17	59.62
Income Tax Expense	6.53	8.51	11.11	11.63	20.99	25.64
Earnings From Continuing Operations	31.75	34.2	55.98	43.23	29.19	33.99
Minority Interest in Earnings	0.08	0.08	0.46	0.71	0.96	1.29
Net Income	31.83	34.29	56.44	43.93	30.15	35.27
Net Income to Common	31.83	34.29	56.44	43.93	30.15	35.27
Net Income Growth	-45.89%	-39.25%	28.46%	45.71%	-14.52%	-
Shares Outstanding (Basic)	859	857	941	879	1,005	882
Shares Outstanding (Diluted)	859	857	941	879	1,005	882
Shares Change (YoY)	-8.67%	-8.87%	7.05%	-12.57%	13.97%	-9.24%
EPS (Basic)	0.04	0.04	0.06	0.05	0.03	0.04
EPS (Diluted)	0.04	0.04	0.06	0.05	0.03	0.04
EPS Growth	-40.76%	-33.33%	20.00%	66.67%	-25.00%	-
Free Cash Flow	42.3	40.99	113.58	86.11	174.42	112.85
Free Cash Flow Per Share	0.05	0.05	0.12	0.10	0.17	0.13
Gross Margin	73.05%	72.22%	75.12%	74.13%	76.00%	76.89%
Operating Margin	9.43%	9.79%	10.62%	8.26%	8.22%	7.48%
Profit Margin	2.72%	2.93%	4.27%	2.98%	2.05%	2.33%
Free Cash Flow Margin	3.61%	3.50%	8.59%	5.85%	11.86%	7.45%
EBITDA	170.69	175.63	204.98	196.49	192.58	182.72
EBITDA Margin	14.58%	15.01%	15.50%	13.34%	13.09%	12.06%
D&A For EBITDA	60.24	61.11	64.59	74.74	71.62	69.39
EBIT	110.45	114.52	140.39	121.75	120.96	113.33
EBIT Margin	9.43%	9.79%	10.62%	8.26%	8.22%	7.48%
Effective Tax Rate	17.06%	19.92%	16.56%	21.20%	41.83%	42.99%
Revenue as Reported	1,170	1,170	1,323	1,473	1,471	1,515
Advertising Expenses	-	274.54	249.73	352.83	298.68	375.06

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