SHE:000779 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	2,069	2,048	1,967	2,377	2,262	2,571
Other Revenue	11.67	11.67	9.87	11.67	258.08	10.72
Revenue	2,081	2,059	1,977	2,389	2,520	2,582
Revenue Growth (YoY)	6.20%	4.15%	-17.24%	-5.20%	-2.40%	4.09%
Cost of Revenue	1,333	1,322	1,185	1,603	1,867	1,763
Gross Profit	748.04	737.5	792.03	785.96	653.24	819.26
Selling, General & Admin	311.67	311.79	333.61	335.68	313.74	319.91
Research & Development	104.05	96.1	98.88	87.68	65.69	38.98
Other Operating Expenses	13.47	13.97	14.45	8.79	-3.27	13.17
Operating Expenses	606.78	601.2	576.48	540.47	468.16	463.05
Operating Income	141.26	136.3	215.54	245.5	185.08	356.21
Interest Expense	-1.13	-1.47	-2.92	-2.31	-2.77	-2.68
Interest & Investment Income	31.43	33.52	36.64	26.11	33.64	27.74
Earnings From Equity Investments	13.69	12.87	16.25	19.01	17.63	-
Currency Exchange Gain (Loss)	-0.01	-0.01	0	-0.01	0.07	-0.06
Other Non Operating Income (Expenses)	-8.47	-7.23	-0.03	-7.47	-9.42	-11.43
EBT Excluding Unusual Items	176.77	173.97	265.48	280.82	224.23	369.77
Gain (Loss) on Sale of Assets	0.91	0.87	0.17	2.2	0.44	0.09
Asset Writedown	-0.4	-1.47	-0.11	-0.02	-0.62	-1.2
Other Unusual Items	5.91	5.91	-10.21	4.84	39.46	16.62
Pretax Income	183.19	179.28	255.33	287.84	263.51	385.29
Income Tax Expense	32.31	31.63	38.11	32.85	37.72	57.95
Earnings From Continuing Operations	150.87	147.65	217.22	255	225.79	327.34
Minority Interest in Earnings	1.35	1.32	-0.31	-0.57	0.6	-0.4
Net Income	152.22	148.97	216.92	254.43	226.39	326.94
Net Income to Common	152.22	148.97	216.92	254.43	226.39	326.94
Net Income Growth	-30.48%	-31.32%	-14.74%	12.39%	-30.75%	6.39%
Shares Outstanding (Basic)	465	465	465	384	377	374
Shares Outstanding (Diluted)	465	465	465	386	378	374
Shares Change (YoY)	0.01%	0.01%	20.57%	2.02%	0.98%	-0.91%
EPS (Basic)	0.33	0.32	0.47	0.66	0.60	0.87
EPS (Diluted)	0.33	0.32	0.47	0.66	0.60	0.87
EPS Growth	-30.48%	-31.33%	-29.29%	10.17%	-31.43%	7.36%
Free Cash Flow	-25.46	150.79	59.19	7.58	-4.28	-151.49
Free Cash Flow Per Share	-0.06	0.32	0.13	0.02	-0.01	-0.41
Dividend Per Share	0.040	0.040	0.080	0.080	-	0.150
Dividend Growth	-50.00%	-50.00%	-	-	-	-25.00%
Gross Margin	35.95%	35.81%	40.06%	32.90%	25.92%	31.73%
Operating Margin	6.79%	6.62%	10.90%	10.28%	7.34%	13.80%
Profit Margin	7.32%	7.23%	10.97%	10.65%	8.98%	12.66%
Free Cash Flow Margin	-1.22%	7.32%	2.99%	0.32%	-0.17%	-5.87%
EBITDA	211.85	208.08	292.12	317.92	257.21	426.12
EBITDA Margin	10.18%	10.11%	14.77%	13.31%	10.21%	16.50%
D&A For EBITDA	70.59	71.78	76.57	72.42	72.13	69.92
EBIT	141.26	136.3	215.54	245.5	185.08	356.21
EBIT Margin	6.79%	6.62%	10.90%	10.28%	7.34%	13.80%
Effective Tax Rate	17.64%	17.64%	14.92%	11.41%	14.31%	15.04%
Revenue as Reported	2,081	2,059	1,977	2,389	2,520	2,582

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