SHE:002662 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	Dec '22 Dec 31, 2022	Jan '22 Jan 1, 2022
Operating Revenue	2,704	2,719	2,954	3,436	3,421	3,325
Other Revenue	192.1	192.1	140.91	164.44	157.04	184.07
Revenue	2,896	2,911	3,095	3,601	3,578	3,509
Revenue Growth (YoY)	-0.99%	-5.93%	-14.06%	0.63%	1.98%	-6.53%
Cost of Revenue	1,980	2,012	2,202	2,591	2,609	2,616
Gross Profit	916.58	899.4	892.87	1,010	969.49	892.63
Selling, General & Admin	306.2	285.99	267.5	261.83	229.57	223.72
Research & Development	241.4	235.52	185.97	213.27	222.56	201.01
Other Operating Expenses	54.31	45.6	46.48	46.18	41.99	40.42
Operating Expenses	609.94	575.14	508.15	525.59	506.92	467.19
Operating Income	306.65	324.26	384.72	484.01	462.56	425.44
Interest Expense	-14.04	-14.04	-11.18	-13.82	-20.33	-41.97
Interest & Investment Income	16.93	19.1	78.76	88.76	115.59	3.11
Earnings From Equity Investments	-	-	-	-	-	39.11
Currency Exchange Gain (Loss)	-5.83	-5.83	4.45	0.45	2.1	-2.09
Other Non Operating Income (Expenses)	3.78	1.26	-15.32	-0.25	1.35	-190.71
EBT Excluding Unusual Items	307.49	324.75	441.43	559.15	561.26	232.89
Impairment of Goodwill	-	-	-	-	-61.61	-26.91
Gain (Loss) on Sale of Investments	-4	-0.75	-31.19	-	0.07	-9.05
Gain (Loss) on Sale of Assets	-11.4	-5.78	-0.55	4.4	-6.88	-20.67
Asset Writedown	-15.22	-17.05	-16.96	-1.95	-2.93	-2.37
Other Unusual Items	11.59	11.59	9.14	14.5	9.85	22.85
Pretax Income	288.45	312.76	401.87	576.11	499.77	196.74
Income Tax Expense	61.67	63.91	47.94	72.65	62.8	94.63
Earnings From Continuing Operations	226.78	248.85	353.92	503.46	436.96	102.11
Net Income	226.78	248.85	353.92	503.46	436.96	102.11
Net Income to Common	226.78	248.85	353.92	503.46	436.96	102.11
Net Income Growth	-20.92%	-29.69%	-29.70%	15.22%	327.95%	-9.26%
Shares Outstanding (Basic)	1,627	1,464	1,475	1,481	1,507	1,459
Shares Outstanding (Diluted)	1,627	1,464	1,475	1,481	1,507	1,459
Shares Change (YoY)	13.06%	-0.74%	-0.41%	-1.73%	3.30%	3.70%
EPS (Basic)	0.14	0.17	0.24	0.34	0.29	0.07
EPS (Diluted)	0.14	0.17	0.24	0.34	0.29	0.07
EPS Growth	-30.05%	-29.17%	-29.41%	17.24%	314.29%	-12.50%
Free Cash Flow	-153.04	-79.3	432.2	114.77	286.97	243.41
Free Cash Flow Per Share	-0.09	-0.05	0.29	0.08	0.19	0.17
Dividend Per Share	0.050	0.050	0.072	0.100	0.070	-
Dividend Growth	-30.56%	-30.56%	-28.00%	42.86%	-	-
Gross Margin	31.65%	30.89%	28.85%	28.04%	27.09%	25.44%
Operating Margin	10.59%	11.14%	12.43%	13.44%	12.93%	12.13%
Profit Margin	7.83%	8.55%	11.44%	13.98%	12.21%	2.91%
Free Cash Flow Margin	-5.28%	-2.72%	13.96%	3.19%	8.02%	6.94%
EBITDA	565.62	583.88	646.91	734.77	694.83	677.21
EBITDA Margin	19.53%	20.06%	20.90%	20.41%	19.42%	19.30%
D&A For EBITDA	258.98	259.62	262.19	250.76	232.27	251.77
EBIT	306.65	324.26	384.72	484.01	462.56	425.44
EBIT Margin	10.59%	11.14%	12.43%	13.44%	12.93%	12.13%
Effective Tax Rate	21.38%	20.43%	11.93%	12.61%	12.57%	48.10%
Revenue as Reported	2,911	2,911	3,095	3,601	3,578	3,509

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