SHE:002290 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	2,450	2,510	2,483	2,298	2,091	2,224
Other Revenue	45.03	45.03	43.31	41.95	42.29	44.92
Revenue	2,495	2,555	2,526	2,340	2,133	2,269
Revenue Growth (YoY)	-4.18%	1.14%	7.93%	9.71%	-5.97%	24.50%
Cost of Revenue	2,152	2,198	2,273	2,100	1,896	2,003
Gross Profit	343.3	356.85	252.96	240.58	237.63	265.43
Selling, General & Admin	70.01	69	65.89	57.89	50.07	49.98
Research & Development	87.35	92.6	85.51	79.55	69.07	74.79
Other Operating Expenses	3.44	2.56	-10.56	4.52	9.38	7.22
Operating Expenses	165.27	168.63	144.12	140.69	129.7	130.58
Operating Income	178.03	188.23	108.85	99.89	107.93	134.85
Interest Expense	-4.19	-4.19	-6.8	-16.47	-27	-37.22
Interest & Investment Income	4.55	4.55	3.67	2.71	1.72	8
Currency Exchange Gain (Loss)	-2.66	-2.66	8.34	5.41	14.63	-4.87
Other Non Operating Income (Expenses)	-0.16	1.44	-0.67	0.1	-1.57	0.62
EBT Excluding Unusual Items	175.57	187.36	113.39	91.63	95.7	101.37
Gain (Loss) on Sale of Investments	-1.18	-1.24	-0.72	-0.59	-17.7	0.17
Gain (Loss) on Sale of Assets	0.09	0.08	0.04	-	-0	-
Asset Writedown	2.8	0	-0.12	-0.22	-	-0.03
Legal Settlements	-	-	-	-	-	-0.05
Other Unusual Items	0.34	0.34	-1.67	4.89	2.14	-1.1
Pretax Income	177.62	186.55	110.9	95.71	80.14	100.36
Income Tax Expense	27.18	28.09	16.67	12.94	14.21	18.39
Earnings From Continuing Operations	150.44	158.46	94.24	82.77	65.93	81.98
Minority Interest in Earnings	5.09	4.92	3.67	-	-	-
Net Income	155.53	163.37	97.91	82.77	65.93	81.98
Net Income to Common	155.53	163.37	97.91	82.77	65.93	81.98
Net Income Growth	28.56%	66.86%	18.29%	25.54%	-19.57%	48.83%
Shares Outstanding (Basic)	250	248	251	251	244	248
Shares Outstanding (Diluted)	250	248	251	251	244	248
Shares Change (YoY)	0.78%	-1.40%	0.09%	2.71%	-1.70%	3.73%
EPS (Basic)	0.62	0.66	0.39	0.33	0.27	0.33
EPS (Diluted)	0.62	0.66	0.39	0.33	0.27	0.33
EPS Growth	27.57%	69.23%	18.18%	22.22%	-18.18%	43.48%
Free Cash Flow	138.92	157	187.43	222.91	148.66	89.11
Free Cash Flow Per Share	0.56	0.63	0.75	0.89	0.61	0.36
Dividend Per Share	0.210	0.210	-	-	-	-
Gross Margin	13.76%	13.97%	10.02%	10.28%	11.14%	11.70%
Operating Margin	7.13%	7.37%	4.31%	4.27%	5.06%	5.94%
Profit Margin	6.23%	6.40%	3.88%	3.54%	3.09%	3.61%
Free Cash Flow Margin	5.57%	6.14%	7.42%	9.53%	6.97%	3.93%
EBITDA	207.38	217.76	139.09	128.17	130.09	159.36
EBITDA Margin	8.31%	8.52%	5.51%	5.48%	6.10%	7.02%
D&A For EBITDA	29.35	29.53	30.25	28.29	22.16	24.51
EBIT	178.03	188.23	108.85	99.89	107.93	134.85
EBIT Margin	7.13%	7.37%	4.31%	4.27%	5.06%	5.94%
Effective Tax Rate	15.30%	15.06%	15.03%	13.52%	17.73%	18.32%
Revenue as Reported	2,555	2,555	2,526	2,340	2,133	2,269
Advertising Expenses	-	0.26	0.44	-	-	-

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