SHE:002690 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	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Operating Revenue	2,406	2,361	2,274	2,389	2,050	1,789
Other Revenue	43.86	45.75	36.41	36.32	67.42	24.03
Revenue	2,450	2,407	2,311	2,425	2,117	1,813
Revenue Growth	1.95%	4.16%	-4.73%	14.55%	16.79%	21.18%
Cost of Revenue	1,109	1,113	1,146	1,196	995.82	889.8
Gross Profit	1,341	1,293	1,165	1,229	1,121	923.08
Selling, General & Admin	399.34	395.39	401.98	366.2	332.91	292.01
Research & Development	161.41	164	159.53	148.69	122.57	123.43
Other Operating Expenses	-43.12	-53.16	-51.24	-54.77	-51.72	-49.59
Operating Expenses	517.75	508.33	506.39	476.21	411.81	364.25
Operating Income	822.76	785.15	658.48	753.12	709.63	558.83
Interest & Investment Income	43.02	51.52	46.07	43.47	29.61	30.75
Currency Exchange Gain (Loss)	-65.48	-23.92	19.46	8.38	79.38	-14.77
Other Non Operating Income (Expenses)	-1.4	-1.12	-1.18	35.87	-1.12	-1.8
EBT Excluding Unusual Items	798.91	811.64	722.84	840.83	817.5	573.01
Gain (Loss) on Sale of Investments	6.48	2.82	0.6	0.08	-0.59	1.07
Asset Writedown	-0	-0.06	-0.01	0.01	-7.02	-0.47
Other Unusual Items	32.3	10.45	20.87	20.05	28.2	7.87
Pretax Income	837.68	824.85	744.29	860.98	838.08	581.48
Income Tax Expense	106.38	105.73	95.12	116.15	107.97	70.39
Earnings From Continuing Operations	731.31	719.12	649.17	744.83	730.11	511.09
Net Income	731.31	719.12	649.17	744.83	730.11	511.09
Net Income to Common	731.31	719.12	649.17	744.83	730.11	511.09
Net Income Growth	7.54%	10.77%	-12.84%	2.02%	42.85%	16.64%
Shares Outstanding (Basic)	882	882	881	881	881	879
Shares Outstanding (Diluted)	882	882	881	881	881	879
Shares Change	0.29%	0.19%	0.01%	-0.05%	0.25%	-0.01%
EPS (Basic)	0.83	0.82	0.74	0.85	0.83	0.58
EPS (Diluted)	0.83	0.82	0.74	0.85	0.83	0.58
EPS Growth	7.24%	10.57%	-12.85%	2.06%	42.50%	16.65%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Free Cash Flow	782.49	915.98	858.42	641.69	240.1	477.16
Free Cash Flow Per Share	0.89	1.04	0.97	0.73	0.27	0.54
Dividend Per Share	0.700	0.700	0.700	0.700	0.700	0.615
Dividend Growth	0%	0%	0%	0%	13.75%	0%
Gross Margin	54.72%	53.74%	50.41%	50.69%	52.97%	50.92%
Operating Margin	33.58%	32.62%	28.50%	31.05%	33.52%	30.83%
Profit Margin	29.85%	29.88%	28.09%	30.71%	34.48%	28.19%
Free Cash Flow Margin	31.94%	38.06%	37.15%	26.46%	11.34%	26.32%
EBITDA	854.8	817.78	693.01	786.79	738.52	583.62
EBITDA Margin	34.89%	33.98%	29.99%	32.44%	34.88%	32.19%
D&A For EBITDA	32.04	32.63	34.53	33.67	28.9	24.78
EBIT	822.76	785.15	658.48	753.12	709.63	558.83
EBIT Margin	33.58%	32.62%	28.50%	31.05%	33.52%	30.83%
Effective Tax Rate	12.70%	12.82%	12.78%	13.49%	12.88%	12.11%
Revenue as Reported	2,450	2,407	2,311	2,425	2,117	1,813
Advertising Expenses	-	7.74	9.06	7.65	2.55	3.62