SHE:002555 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	15,331	15,854	17,293	16,396	16,406	16,216
Other Revenue	112.02	112.02	148.35	151.23	-	-
Revenue	15,443	15,966	17,441	16,547	16,406	16,216
Revenue Growth (YoY)	-8.81%	-8.46%	5.40%	0.86%	1.17%	12.62%
Cost of Revenue	3,713	3,854	3,727	3,392	3,049	2,466
Gross Profit	11,730	12,111	13,714	13,155	13,357	13,750
Selling, General & Admin	7,740	8,312	10,228	9,683	9,259	9,588
Research & Development	705.36	685.58	646.36	713.56	904.7	1,250
Other Operating Expenses	47.63	45.88	29.14	-14	-56.56	-50.85
Operating Expenses	8,502	9,052	10,901	10,391	10,108	10,783
Operating Income	3,228	3,060	2,813	2,764	3,249	2,967
Interest Expense	-48.21	-55.53	-63.97	-65.59	-46.69	-26.79
Interest & Investment Income	693.32	382.56	350.12	313.57	222.51	198.7
Currency Exchange Gain (Loss)	0.79	0.79	-8.7	-13.21	-22.24	8.76
Other Non Operating Income (Expenses)	-5.45	-5.12	13.32	-10.91	-10.93	-10.1
EBT Excluding Unusual Items	3,869	3,383	3,104	2,988	3,392	3,138
Impairment of Goodwill	-	-	-	-11	-	-
Gain (Loss) on Sale of Investments	-3.03	-1.15	-87.26	3.25	-130.24	41.95
Gain (Loss) on Sale of Assets	0.39	0.33	0.75	1.43	2.3	2.77
Asset Writedown	-	-	-0.04	-0.02	-0.37	-0.17
Other Unusual Items	3.84	3.67	71.12	66.25	37.76	66.23
Pretax Income	3,870	3,385	3,089	3,048	3,302	3,248
Income Tax Expense	649.49	486.41	424.49	414.44	391.77	398.48
Earnings From Continuing Operations	3,221	2,899	2,664	2,634	2,910	2,850
Minority Interest in Earnings	3.76	1.28	8.72	25.04	44.64	25.6
Net Income	3,224	2,900	2,673	2,659	2,954	2,876
Net Income to Common	3,224	2,900	2,673	2,659	2,954	2,876
Net Income Growth	23.73%	8.50%	0.54%	-10.01%	2.74%	4.15%
Shares Outstanding (Basic)	2,194	2,197	2,209	2,215	2,205	2,195
Shares Outstanding (Diluted)	2,194	2,197	2,209	2,215	2,205	2,195
Shares Change (YoY)	-0.65%	-0.54%	-0.29%	0.49%	0.44%	4.15%
EPS (Basic)	1.47	1.32	1.21	1.20	1.34	1.31
EPS (Diluted)	1.47	1.32	1.21	1.20	1.34	1.31
EPS Growth	24.54%	9.09%	0.83%	-10.45%	2.29%	-
Free Cash Flow	3,132	3,184	2,426	1,835	3,237	3,317
Free Cash Flow Per Share	1.43	1.45	1.10	0.83	1.47	1.51
Dividend Per Share	0.820	1.030	1.000	0.820	0.800	0.520
Dividend Growth	-18.00%	3.00%	21.95%	2.50%	53.85%	4.00%
Gross Margin	75.96%	75.86%	78.63%	79.50%	81.42%	84.79%
Operating Margin	20.91%	19.16%	16.13%	16.71%	19.81%	18.30%
Profit Margin	20.88%	18.16%	15.33%	16.07%	18.01%	17.73%
Free Cash Flow Margin	20.28%	19.94%	13.91%	11.09%	19.73%	20.46%
EBITDA	3,324	3,157	2,918	2,844	3,336	3,054
EBITDA Margin	21.52%	19.77%	16.73%	17.19%	20.34%	18.83%
D&A For EBITDA	95.48	97.32	104.65	79.82	86.95	87.02
EBIT	3,228	3,060	2,813	2,764	3,249	2,967
EBIT Margin	20.91%	19.16%	16.13%	16.71%	19.81%	18.30%
Effective Tax Rate	16.78%	14.37%	13.74%	13.60%	11.87%	12.27%
Revenue as Reported	15,443	15,966	17,441	16,547	16,406	16,216
Advertising Expenses	-	6.77	-	-	-	-

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