SHE:000919 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	3,130	3,172	3,256	3,164	2,649	2,789
Other Revenue	25.77	25.77	25.02	29.52	22.15	19.62
Revenue	3,156	3,197	3,281	3,194	2,671	2,809
Revenue Growth (YoY)	-2.76%	-2.56%	2.74%	19.58%	-4.91%	12.18%
Cost of Revenue	2,482	2,531	2,676	2,557	2,142	2,181
Gross Profit	674.45	665.96	605.17	637.06	528.55	628.17
Selling, General & Admin	510.13	507.86	446.73	460.88	383.48	384.3
Research & Development	114.84	110.14	110.69	79.14	74.17	57.01
Other Operating Expenses	22.28	23	20.68	13	18.21	19.28
Operating Expenses	645.24	641	579.86	556.22	477.52	458.93
Operating Income	29.21	24.96	25.31	80.84	51.03	169.24
Interest Expense	-5.53	-5.21	-2.2	-1.3	-0.26	-0.29
Interest & Investment Income	41.72	49.38	63.91	58.14	34.98	46.4
Currency Exchange Gain (Loss)	0.01	0.01	0.04	0.02	0.08	-0
Other Non Operating Income (Expenses)	8.09	8.4	1.73	-1.07	-1.45	-1.42
EBT Excluding Unusual Items	73.51	77.54	88.8	136.63	84.38	213.92
Impairment of Goodwill	-18.05	-18.05	-86.3	-	-	-45.97
Gain (Loss) on Sale of Investments	3.74	-0.11	14.39	-0.96	-27.14	-29.95
Gain (Loss) on Sale of Assets	4.53	-0.39	21.34	-0.56	61.83	51.98
Asset Writedown	-0.91	-0.91	-10.01	-0.15	-	-1.56
Other Unusual Items	7.1	7.1	11.8	13.4	8.71	6.38
Pretax Income	69.93	65.19	40.01	148.36	127.77	194.81
Income Tax Expense	14.17	13.9	22.05	19.6	13.9	41.88
Earnings From Continuing Operations	55.76	51.29	17.95	128.76	113.87	152.94
Minority Interest in Earnings	3.18	2.62	22.46	-22.57	-8.58	-32.31
Net Income	58.94	53.91	40.41	106.19	105.28	120.63
Net Income to Common	58.94	53.91	40.41	106.19	105.28	120.63
Net Income Growth	222.63%	33.42%	-61.95%	0.87%	-12.72%	85.19%
Shares Outstanding (Basic)	622	622	593	504	504	504
Shares Outstanding (Diluted)	622	622	593	504	504	504
Shares Change (YoY)	0.41%	4.95%	17.56%	0.01%	-0.02%	-0.01%
EPS (Basic)	0.09	0.09	0.07	0.21	0.21	0.24
EPS (Diluted)	0.09	0.09	0.07	0.21	0.21	0.24
EPS Growth	221.33%	27.13%	-67.63%	0.86%	-12.70%	85.22%
Free Cash Flow	143.79	16.34	-47.44	-25.85	-49.05	129.26
Free Cash Flow Per Share	0.23	0.03	-0.08	-0.05	-0.10	0.26
Dividend Per Share	0.100	0.100	0.100	0.100	0.100	0.100
Gross Margin	21.37%	20.83%	18.44%	19.95%	19.79%	22.36%
Operating Margin	0.93%	0.78%	0.77%	2.53%	1.91%	6.02%
Profit Margin	1.87%	1.69%	1.23%	3.33%	3.94%	4.29%
Free Cash Flow Margin	4.56%	0.51%	-1.45%	-0.81%	-1.84%	4.60%
EBITDA	169.75	168.35	180.06	229.81	173.57	291.14
EBITDA Margin	5.38%	5.27%	5.49%	7.20%	6.50%	10.37%
D&A For EBITDA	140.54	143.38	154.75	148.97	122.54	121.9
EBIT	29.21	24.96	25.31	80.84	51.03	169.24
EBIT Margin	0.93%	0.78%	0.77%	2.53%	1.91%	6.02%
Effective Tax Rate	20.26%	21.32%	55.12%	13.21%	10.88%	21.50%
Revenue as Reported	3,156	3,197	3,281	3,194	2,671	2,809

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