SHE:002507 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	2,468	2,428	2,383	2,446	2,546	2,516
Other Revenue	4.15	4.15	4.26	3.89	2.43	2.26
Revenue	2,473	2,432	2,387	2,450	2,548	2,519
Revenue Growth (YoY)	5.15%	1.88%	-2.56%	-3.86%	1.18%	10.82%
Cost of Revenue	1,203	1,177	1,171	1,208	1,194	1,200
Gross Profit	1,269	1,255	1,217	1,241	1,354	1,318
Selling, General & Admin	472.82	466.19	417.52	414.43	451.74	549
Research & Development	17.19	15.36	10.62	6	4.22	5.43
Other Operating Expenses	31.53	31.33	25.57	37.31	39.77	39.5
Operating Expenses	521.86	513.31	453.86	451.27	499.27	596.42
Operating Income	747.24	741.35	762.76	790.2	855	722.04
Interest Expense	-0.04	-0.06	-0.03	-0.05	-0.11	-0.07
Interest & Investment Income	159.03	162.89	145.34	168.97	175.28	139.07
Currency Exchange Gain (Loss)	-0.96	-0.96	0.36	-0.12	0.54	-0.1
Other Non Operating Income (Expenses)	-1.08	-0.31	-0.21	-0.64	-0.22	-0.35
EBT Excluding Unusual Items	904.18	902.91	908.21	958.37	1,030	860.58
Gain (Loss) on Sale of Investments	3.28	5.69	18.98	10.51	13.05	-
Gain (Loss) on Sale of Assets	0.81	0.28	2.45	0.71	-	0.04
Asset Writedown	-6.54	-6.54	-2.26	-0.55	-0.29	-0.1
Other Unusual Items	8.62	8.65	15.33	5.72	12.45	13.1
Pretax Income	910.35	910.98	942.71	974.75	1,056	873.62
Income Tax Expense	142.12	142.95	143.36	148.18	156.89	131.66
Net Income	768.23	768.03	799.35	826.58	898.8	741.96
Net Income to Common	768.23	768.03	799.35	826.58	898.8	741.96
Net Income Growth	-3.97%	-3.92%	-3.29%	-8.04%	21.14%	-4.52%
Shares Outstanding (Basic)	1,147	1,146	1,158	1,148	1,152	1,109
Shares Outstanding (Diluted)	1,147	1,146	1,158	1,148	1,152	1,109
Shares Change (YoY)	-1.09%	-1.05%	0.91%	-0.37%	3.93%	7.55%
EPS (Basic)	0.67	0.67	0.69	0.72	0.78	0.67
EPS (Diluted)	0.67	0.67	0.69	0.72	0.78	0.67
EPS Growth	-2.91%	-2.90%	-4.17%	-7.69%	16.56%	-11.22%
Free Cash Flow	343.23	244.88	555.61	320.8	947.68	604.58
Free Cash Flow Per Share	0.30	0.21	0.48	0.28	0.82	0.55
Dividend Per Share	0.220	0.220	0.420	0.300	0.292	0.500
Dividend Growth	-47.62%	-47.62%	40.00%	2.63%	-41.54%	-
Gross Margin	51.33%	51.59%	50.97%	50.68%	53.14%	52.35%
Operating Margin	30.22%	30.48%	31.95%	32.26%	33.55%	28.67%
Profit Margin	31.07%	31.58%	33.49%	33.74%	35.27%	29.46%
Free Cash Flow Margin	13.88%	10.07%	23.28%	13.10%	37.19%	24.00%
EBITDA	855.84	850.42	873.69	904.16	970.96	822.67
EBITDA Margin	34.61%	34.97%	36.60%	36.91%	38.10%	32.66%
D&A For EBITDA	108.6	109.06	110.93	113.96	115.96	100.64
EBIT	747.24	741.35	762.76	790.2	855	722.04
EBIT Margin	30.22%	30.48%	31.95%	32.26%	33.55%	28.67%
Effective Tax Rate	15.61%	15.69%	15.21%	15.20%	14.86%	15.07%
Revenue as Reported	2,473	2,432	2,387	2,450	2,548	2,519

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