SHE:001237 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
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022
Operating Revenue	2,894	2,865	3,183	2,483	1,923
Other Revenue	11.9	11.9	20.88	10.65	6.74
Revenue	2,906	2,877	3,204	2,493	1,930
Revenue Growth (YoY)	50.59%	-10.19%	28.49%	29.18%	-
Cost of Revenue	2,208	2,205	2,482	1,883	1,524
Gross Profit	698.01	672.06	721.5	610.82	406.52
Selling, General & Admin	159.47	159.5	175.64	143.11	122.86
Research & Development	87.92	88.31	80.31	74.47	58.71
Other Operating Expenses	20.94	20.53	16.45	12.21	11.32
Operating Expenses	259.68	266.97	286.86	243.64	194.37
Operating Income	438.33	405.09	434.64	367.18	212.15
Interest Expense	-0.08	-0.07	-0.1	-1.17	-15.04
Interest & Investment Income	65.79	52.83	45.53	27.19	13.37
Currency Exchange Gain (Loss)	-20.47	-20.47	33.55	8.36	48.45
Other Non Operating Income (Expenses)	-42.99	-1.14	-2.12	-2.08	10.94
EBT Excluding Unusual Items	440.58	436.24	511.49	399.48	269.87
Gain (Loss) on Sale of Investments	1.9	2.3	-3.09	-16.53	-64.7
Gain (Loss) on Sale of Assets	-1.54	-1.54	-	-1.09	-0.13
Asset Writedown	1.68	-0.01	-	-0.08	-
Other Unusual Items	15.71	15.71	16.17	4.84	17.63
Pretax Income	458.32	452.69	524.57	386.61	223
Income Tax Expense	64.8	61.93	73.43	48.97	25.84
Earnings From Continuing Operations	393.52	390.77	451.14	337.64	197.16
Minority Interest in Earnings	0.59	0.46	-	-	-
Net Income	394.11	391.22	451.14	337.64	197.16
Net Income to Common	394.11	391.22	451.14	337.64	197.16
Net Income Growth	99.89%	-13.28%	33.62%	71.25%	-
Shares Outstanding (Basic)	111	111	111	111	105
Shares Outstanding (Diluted)	111	111	111	111	105
Shares Change (YoY)	5.24%	-0.22%	-0.04%	5.66%	-
EPS (Basic)	3.55	3.52	4.05	3.03	1.87
EPS (Diluted)	3.55	3.52	4.05	3.03	1.87
EPS Growth	89.93%	-13.09%	33.66%	62.08%	-
Free Cash Flow	352.69	50.36	513.93	434.45	393.61
Free Cash Flow Per Share	3.18	0.45	4.61	3.90	3.73
Dividend Per Share	-	-	0.880	1.000	-
Dividend Growth	-	-	-12.00%	-	-
Gross Margin	24.02%	23.36%	22.52%	24.50%	21.06%
Operating Margin	15.08%	14.08%	13.57%	14.73%	10.99%
Profit Margin	13.56%	13.60%	14.08%	13.54%	10.21%
Free Cash Flow Margin	12.13%	1.75%	16.04%	17.42%	20.39%
EBITDA	470.85	437.16	464.9	391.9	234.42
EBITDA Margin	16.20%	15.19%	14.51%	15.72%	12.15%
D&A For EBITDA	32.53	32.07	30.26	24.72	22.27
EBIT	438.33	405.09	434.64	367.18	212.15
EBIT Margin	15.08%	14.08%	13.57%	14.73%	10.99%
Effective Tax Rate	14.14%	13.68%	14.00%	12.67%	11.59%
Revenue as Reported	2,877	2,877	3,204	2,493	-
Advertising Expenses	-	55.45	58.42	53.64	47.08