SHE:002287 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	2,418	2,416	2,336	2,040	2,040	1,766
Other Revenue	-	-	2.19	5.55	4.63	4.06
Revenue	2,418	2,416	2,338	2,045	2,045	1,770
Revenue Growth (YoY)	1.78%	3.34%	14.32%	0.02%	15.49%	19.22%
Cost of Revenue	400.13	409.47	419.55	324.7	325.52	269.7
Gross Profit	2,018	2,007	1,918	1,720	1,719	1,501
Selling, General & Admin	1,299	1,285	1,280	1,162	1,107	986.35
Research & Development	84.51	81.03	66.73	58.63	55.09	70.82
Other Operating Expenses	-91.66	-89.11	34.76	32.26	29.47	28.58
Operating Expenses	1,292	1,277	1,382	1,253	1,192	1,084
Operating Income	726.32	729.64	536.7	467.52	527.71	416.45
Interest Expense	-	-	-57.79	-63.07	-56.42	-53.43
Interest & Investment Income	1.72	1.72	4.19	41.92	16.96	340.33
Currency Exchange Gain (Loss)	-	-	-0.01	-0.03	-0.02	-0.02
Other Non Operating Income (Expenses)	-39.32	-64.28	-0.02	-1.16	-3.56	-2.46
EBT Excluding Unusual Items	688.72	667.08	483.08	445.19	484.68	700.88
Impairment of Goodwill	-	-	-	-	-	-15.77
Gain (Loss) on Sale of Investments	65.35	66.37	100.32	37.07	-37.08	20.69
Gain (Loss) on Sale of Assets	7.49	7.38	-	0.32	0	-0.07
Asset Writedown	-1.71	-0.98	-0.58	-0.3	-1.22	-0.35
Other Unusual Items	-	-	63.43	162.14	72.82	82.54
Pretax Income	759.85	739.84	646.24	644.41	519.2	787.91
Income Tax Expense	93.51	92.37	64.87	65.24	49.56	77.09
Earnings From Continuing Operations	666.34	647.47	581.37	579.18	469.64	710.83
Minority Interest in Earnings	1.58	0.95	0.91	2.02	2.9	5.05
Net Income	667.92	648.43	582.28	581.2	472.54	715.88
Net Income to Common	667.92	648.43	582.28	581.2	472.54	715.88
Net Income Growth	19.17%	11.36%	0.19%	22.99%	-33.99%	77.21%
Shares Outstanding (Basic)	552	544	530	530	530	529
Shares Outstanding (Diluted)	552	544	530	530	530	529
Shares Change (YoY)	4.12%	2.50%	0.03%	-0.05%	0.21%	0.12%
EPS (Basic)	1.21	1.19	1.10	1.10	0.89	1.35
EPS (Diluted)	1.21	1.19	1.10	1.10	0.89	1.35
EPS Growth	14.46%	8.64%	0.15%	23.05%	-34.13%	77.01%
Free Cash Flow	185.35	576.63	201.31	458.59	13.29	909.35
Free Cash Flow Per Share	0.34	1.06	0.38	0.86	0.03	1.72
Dividend Per Share	-	-	0.380	0.480	0.390	0.590
Dividend Growth	-	-	-20.83%	23.08%	-33.90%	73.53%
Gross Margin	83.45%	83.05%	82.06%	84.12%	84.08%	84.77%
Operating Margin	30.04%	30.20%	22.96%	22.86%	25.81%	23.52%
Profit Margin	27.62%	26.84%	24.91%	28.42%	23.11%	40.43%
Free Cash Flow Margin	7.66%	23.87%	8.61%	22.42%	0.65%	51.36%
EBITDA	868.74	865.17	644.7	552.96	604.13	476.77
EBITDA Margin	35.92%	35.81%	27.57%	27.04%	29.54%	26.93%
D&A For EBITDA	142.41	135.53	108	85.43	76.42	60.32
EBIT	726.32	729.64	536.7	467.52	527.71	416.45
EBIT Margin	30.04%	30.20%	22.96%	22.86%	25.81%	23.52%
Effective Tax Rate	12.31%	12.48%	10.04%	10.12%	9.54%	9.78%
Revenue as Reported	-	-	2,338	2,045	2,045	1,770

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