SHE:002559 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	2,175	2,186	1,980	1,861	1,759	1,943
Other Revenue	98.94	98.94	77.45	67.21	71.28	55.8
Revenue	2,274	2,285	2,057	1,928	1,830	1,999
Revenue Growth (YoY)	15.63%	11.06%	6.71%	5.35%	-8.45%	22.00%
Cost of Revenue	1,806	1,814	1,614	1,514	1,386	1,492
Gross Profit	468.32	470.65	443.02	414.22	444.4	507.25
Selling, General & Admin	254.09	252.4	232.51	217.14	225.75	227.13
Research & Development	137.38	141.05	150.1	121.17	138.74	122.86
Other Operating Expenses	-47.14	-38.92	-6.38	0.68	1.52	-0.82
Operating Expenses	369	379.19	380.13	358.82	390.54	358.25
Operating Income	99.33	91.47	62.89	55.39	53.86	149
Interest Expense	-22.61	-22.61	-22.03	-21.24	-19.71	-18.06
Interest & Investment Income	25.31	25.4	28.92	77.07	21.52	21.42
Currency Exchange Gain (Loss)	6.68	6.68	-1.31	6.65	13.2	-6.25
Other Non Operating Income (Expenses)	-9.29	-1.01	-1.11	-1.42	-3.41	-1.44
EBT Excluding Unusual Items	99.42	99.93	67.35	116.45	65.46	144.66
Impairment of Goodwill	-10.8	-10.8	-14.34	-6.54	-4.2	-
Gain (Loss) on Sale of Investments	-16.97	-18.03	-27.87	-24.86	-238.59	-62.33
Gain (Loss) on Sale of Assets	0.06	0.15	0	-	0.06	0.12
Asset Writedown	-5	-3.31	-0.69	-0.12	-0.04	-0.97
Legal Settlements	-0.27	-0.27	-0.3	-10.99	-	-
Other Unusual Items	14.65	14.65	27.15	13.2	21.57	26.59
Pretax Income	81.09	82.31	51.3	87.14	-155.75	108.08
Income Tax Expense	8.55	7.89	3.27	4.67	14.55	24.74
Earnings From Continuing Operations	72.54	74.42	48.03	82.47	-170.3	83.34
Minority Interest in Earnings	29.35	31.22	26.97	16.38	177.78	46.32
Net Income	101.89	105.64	75	98.85	7.48	129.66
Net Income to Common	101.89	105.64	75	98.85	7.48	129.66
Net Income Growth	47.09%	40.86%	-24.13%	1221.51%	-94.23%	-4.41%
Shares Outstanding (Basic)	542	543	549	550	546	551
Shares Outstanding (Diluted)	542	543	549	550	546	551
Shares Change (YoY)	-1.21%	-0.95%	-0.21%	0.69%	-0.87%	-1.45%
EPS (Basic)	0.19	0.19	0.14	0.18	0.01	0.24
EPS (Diluted)	0.19	0.19	0.14	0.18	0.01	0.24
EPS Growth	48.89%	42.21%	-23.97%	1212.41%	-94.18%	-3.01%
Free Cash Flow	167.52	211.44	-102.1	48.21	-67.02	111.76
Free Cash Flow Per Share	0.31	0.39	-0.19	0.09	-0.12	0.20
Dividend Per Share	0.075	0.075	0.075	0.100	0.150	0.150
Dividend Growth	-	-	-25.00%	-33.33%	-	-
Gross Margin	20.60%	20.60%	21.53%	21.48%	24.28%	25.37%
Operating Margin	4.37%	4.00%	3.06%	2.87%	2.94%	7.45%
Profit Margin	4.48%	4.62%	3.65%	5.13%	0.41%	6.49%
Free Cash Flow Margin	7.37%	9.25%	-4.96%	2.50%	-3.66%	5.59%
EBITDA	166.4	156.64	120.47	111.76	106.35	208.08
EBITDA Margin	7.32%	6.86%	5.85%	5.80%	5.81%	10.41%
D&A For EBITDA	67.07	65.17	57.58	56.36	52.49	59.08
EBIT	99.33	91.47	62.89	55.39	53.86	149
EBIT Margin	4.37%	4.00%	3.06%	2.87%	2.94%	7.45%
Effective Tax Rate	10.55%	9.59%	6.37%	5.36%	-	22.89%
Revenue as Reported	2,285	2,285	2,057	1,928	1,830	1,999
Advertising Expenses	-	8.52	8.54	6.67	4.53	9.1

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