SHE:000811 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	Dec '21 Dec 31, 2021
Operating Revenue	7,207	6,955	6,543	7,218	5,509	5,065
Other Revenue	96.34	96.34	92.02	276.89	592.23	318.64
Revenue	7,303	7,052	6,635	7,495	6,102	5,383
Revenue Growth (YoY)	14.61%	6.28%	-11.48%	22.84%	13.34%	33.14%
Cost of Revenue	5,365	5,175	4,814	5,625	4,744	4,220
Gross Profit	1,938	1,877	1,821	1,870	1,358	1,164
Selling, General & Admin	973.54	954.69	976.88	973.54	807.92	673.44
Research & Development	277.99	278.47	255.21	285.48	225.79	188.65
Other Operating Expenses	12.49	7.91	-19.29	19.99	28.11	25.14
Operating Expenses	1,258	1,235	1,270	1,322	1,106	906.01
Operating Income	680.52	642.06	550.76	547.45	251.86	257.74
Interest Expense	-30.57	-30.57	-32.57	-36.86	-38.44	-38.73
Interest & Investment Income	173.94	173.48	159.34	190.73	181.87	99.71
Currency Exchange Gain (Loss)	-29.48	-29.48	14.4	4.47	47.45	-6.4
Other Non Operating Income (Expenses)	-31.79	-7.37	-5.75	-2.39	-10.06	-13.97
EBT Excluding Unusual Items	762.61	748.11	686.19	703.4	432.68	298.35
Impairment of Goodwill	-	-	-2.53	-	-	-
Gain (Loss) on Sale of Investments	24.54	11.32	29.99	7.8	-10.88	10.15
Gain (Loss) on Sale of Assets	-0.51	-0.54	-0.12	-0.42	0.84	-0.71
Asset Writedown	-4.19	-5.1	-0.02	-0	-0.27	-0.8
Other Unusual Items	17.71	17.71	59.56	26.23	40.01	39.83
Pretax Income	800.16	771.5	773.06	737.01	462.38	346.82
Income Tax Expense	152.4	141.49	105.61	62.62	39.69	32.76
Earnings From Continuing Operations	647.76	630.01	667.45	674.39	422.69	314.06
Minority Interest in Earnings	-59.88	-65.62	-39.36	-14.9	3.12	-13.21
Net Income	587.87	564.39	628.09	659.49	425.82	300.85
Net Income to Common	587.87	564.39	628.09	659.49	425.82	300.85
Net Income Growth	-2.18%	-10.14%	-4.76%	54.88%	41.54%	35.20%
Shares Outstanding (Basic)	974	990	996	974	971	978
Shares Outstanding (Diluted)	974	990	996	974	971	978
Shares Change (YoY)	-3.62%	-0.56%	2.20%	0.33%	-0.68%	1.41%
EPS (Basic)	0.60	0.57	0.63	0.68	0.44	0.31
EPS (Diluted)	0.60	0.57	0.63	0.68	0.44	0.31
EPS Growth	1.50%	-9.64%	-6.81%	54.37%	42.51%	33.32%
Free Cash Flow	674.98	688.95	602.19	155.31	348.96	255.6
Free Cash Flow Per Share	0.69	0.70	0.60	0.16	0.36	0.26
Dividend Per Share	0.100	0.100	0.192	0.077	0.154	0.154
Dividend Growth	-48.00%	-48.00%	150.06%	-50.00%	-	299.48%
Gross Margin	26.54%	26.61%	27.44%	24.95%	22.25%	21.62%
Operating Margin	9.32%	9.11%	8.30%	7.30%	4.13%	4.79%
Profit Margin	8.05%	8.00%	9.47%	8.80%	6.98%	5.59%
Free Cash Flow Margin	9.24%	9.77%	9.08%	2.07%	5.72%	4.75%
EBITDA	823.76	785.63	695.66	687.06	385.03	396.58
EBITDA Margin	11.28%	11.14%	10.48%	9.17%	6.31%	7.37%
D&A For EBITDA	143.24	143.57	144.9	139.61	133.18	138.85
EBIT	680.52	642.06	550.76	547.45	251.86	257.74
EBIT Margin	9.32%	9.11%	8.30%	7.30%	4.13%	4.79%
Effective Tax Rate	19.05%	18.34%	13.66%	8.50%	8.58%	9.45%
Revenue as Reported	7,052	7,052	6,635	7,495	6,102	5,383
Advertising Expenses	-	19.97	14.71	14.59	11.64	13.6

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