SHE:002249 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	11,961	12,084	11,964	11,152	10,775	9,771
Other Revenue	137.32	137.32	149.31	136.03	154.67	246.04
Revenue	12,098	12,221	12,113	11,288	10,930	10,017
Revenue Growth (YoY)	-3.63%	0.89%	7.31%	3.28%	9.11%	28.82%
Cost of Revenue	9,409	9,554	9,468	9,078	8,991	8,264
Gross Profit	2,689	2,667	2,646	2,210	1,939	1,753
Selling, General & Admin	962.57	995.59	1,209	1,061	1,081	1,053
Research & Development	657.34	683.44	528.54	488.08	421.84	356.16
Other Operating Expenses	-10.88	3.49	-7.73	-2.55	25.97	19.94
Operating Expenses	1,592	1,676	1,725	1,542	1,462	1,485
Operating Income	1,097	991.13	920.43	667.78	476.57	267.89
Interest Expense	-21.8	-22.4	-25.11	-24.89	-33.86	-19.31
Interest & Investment Income	206.87	221.2	246.95	162.84	76.48	109.09
Currency Exchange Gain (Loss)	51.11	51.11	8.22	32.26	77.22	-18.9
Other Non Operating Income (Expenses)	-51.34	-5.62	-22.86	-24.27	-13.35	-12.04
EBT Excluding Unusual Items	1,282	1,235	1,128	813.73	583.06	326.73
Impairment of Goodwill	-	-	-	-	-35.07	-
Gain (Loss) on Sale of Investments	48.76	68.3	-26.67	11.12	-3.58	-2.03
Gain (Loss) on Sale of Assets	20.22	20.59	1.33	-6.53	5.32	-0.52
Asset Writedown	-16.9	-	-67.94	-34.59	-78.99	-44.49
Legal Settlements	-	-	-	-	-24.31	-0.24
Other Unusual Items	4.95	4.95	16.76	-1.03	121.28	84.16
Pretax Income	1,339	1,329	1,051	782.7	567.71	363.6
Income Tax Expense	166.86	173.29	139.13	108.15	142.87	94.6
Earnings From Continuing Operations	1,172	1,156	911.99	674.54	424.84	269
Minority Interest in Earnings	-75.05	-73.25	-24.44	-44.28	2.25	-18.62
Net Income	1,097	1,083	887.55	630.26	427.09	250.39
Net Income to Common	1,097	1,083	887.55	630.26	427.09	250.39
Net Income Growth	13.86%	21.99%	40.82%	47.57%	70.57%	142.01%
Shares Outstanding (Basic)	2,491	2,461	2,399	2,424	2,373	2,276
Shares Outstanding (Diluted)	2,491	2,461	2,399	2,424	2,373	2,276
Shares Change (YoY)	3.25%	2.58%	-1.04%	2.16%	4.24%	-12.00%
EPS (Basic)	0.44	0.44	0.37	0.26	0.18	0.11
EPS (Diluted)	0.44	0.44	0.37	0.26	0.18	0.11
EPS Growth	10.28%	18.92%	42.31%	44.44%	63.64%	175.00%
Free Cash Flow	1,090	1,253	2,035	1,462	1,209	476.25
Free Cash Flow Per Share	0.44	0.51	0.85	0.60	0.51	0.21
Dividend Per Share	0.296	0.296	0.190	0.210	0.160	0.170
Dividend Growth	55.79%	55.79%	-9.52%	31.25%	-5.88%	88.89%
Gross Margin	22.23%	21.82%	21.84%	19.58%	17.74%	17.50%
Operating Margin	9.07%	8.11%	7.60%	5.92%	4.36%	2.67%
Profit Margin	9.07%	8.86%	7.33%	5.58%	3.91%	2.50%
Free Cash Flow Margin	9.01%	10.26%	16.79%	12.96%	11.06%	4.75%
EBITDA	1,398	1,299	1,257	992.76	865.44	704.58
EBITDA Margin	11.56%	10.63%	10.38%	8.79%	7.92%	7.03%
D&A For EBITDA	301.16	308.3	336.84	324.98	388.86	436.69
EBIT	1,097	991.13	920.43	667.78	476.57	267.89
EBIT Margin	9.07%	8.11%	7.60%	5.92%	4.36%	2.67%
Effective Tax Rate	12.46%	13.04%	13.24%	13.82%	25.17%	26.02%
Revenue as Reported	12,098	12,221	12,113	11,288	10,930	10,017
Advertising Expenses	-	7.57	8.24	5.55	4.42	3.34

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