SHE:002695 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	1,754	1,684	1,681	1,873	1,887	2,250
Other Revenue	-	-	58.38	47.38	67.07	89.1
Revenue	1,754	1,684	1,739	1,921	1,954	2,339
Revenue Growth (YoY)	1.51%	-3.19%	-9.44%	-1.70%	-16.46%	-4.01%
Cost of Revenue	1,198	1,140	1,169	1,363	1,404	1,567
Gross Profit	556.23	543.71	569.8	558.05	550.2	771.81
Selling, General & Admin	358.77	355.4	472.33	448.29	474.65	538.41
Research & Development	47.44	50.14	62.32	56.53	57.17	65.16
Other Operating Expenses	4.67	1.58	11.11	11.77	-9.28	20.07
Operating Expenses	410.89	407.12	544.48	517.45	528.41	621.63
Operating Income	145.34	136.59	25.32	40.59	21.79	150.17
Interest Expense	-	-	-3	-4.78	-7.62	-11.45
Interest & Investment Income	0.98	1.6	19.73	19.89	17.34	13.71
Currency Exchange Gain (Loss)	-	-	-1.18	-	-	-
Other Non Operating Income (Expenses)	9.21	11.26	1.45	8.52	-8.17	-2.39
EBT Excluding Unusual Items	155.52	149.45	42.33	64.23	23.33	150.04
Impairment of Goodwill	-	-	-10.75	-6.61	-0.41	-
Gain (Loss) on Sale of Assets	-0.19	-0.19	0.64	-0.05	5.97	0.42
Asset Writedown	-12.64	-12.83	-0.94	-0.5	-1.6	-2.63
Other Unusual Items	-	-	14.76	17.52	0.7	34.05
Pretax Income	142.69	136.44	46.03	74.59	27.99	181.87
Income Tax Expense	47.09	46.05	8.29	8.33	8.69	37.06
Earnings From Continuing Operations	95.59	90.39	37.75	66.26	19.3	144.81
Minority Interest in Earnings	-12.76	-8.79	2.58	4.33	11.52	-0.23
Net Income	82.84	81.6	40.33	70.59	30.82	144.58
Net Income to Common	82.84	81.6	40.33	70.59	30.82	144.58
Net Income Growth	58.91%	102.32%	-42.86%	129.01%	-78.68%	-48.76%
Shares Outstanding (Basic)	558	559	560	569	512	516
Shares Outstanding (Diluted)	558	559	560	569	512	516
Shares Change (YoY)	-0.47%	-0.22%	-1.60%	11.11%	-0.78%	0.65%
EPS (Basic)	0.15	0.15	0.07	0.12	0.06	0.28
EPS (Diluted)	0.15	0.15	0.07	0.12	0.06	0.28
EPS Growth	59.66%	102.78%	-41.94%	106.67%	-78.57%	-49.09%
Free Cash Flow	203.72	254.27	74.59	-74.84	171.72	121.65
Free Cash Flow Per Share	0.36	0.46	0.13	-0.13	0.34	0.24
Dividend Per Share	-	-	0.110	0.180	0.015	0.060
Dividend Growth	-	-	-38.89%	1100.00%	-75.00%	-53.85%
Gross Margin	31.72%	32.29%	32.76%	29.06%	28.16%	33.00%
Operating Margin	8.29%	8.11%	1.46%	2.11%	1.11%	6.42%
Profit Margin	4.72%	4.85%	2.32%	3.67%	1.58%	6.18%
Free Cash Flow Margin	11.62%	15.10%	4.29%	-3.90%	8.79%	5.20%
EBITDA	231.73	219.32	93.41	107.33	84.68	207.47
EBITDA Margin	13.21%	13.03%	5.37%	5.59%	4.33%	8.87%
D&A For EBITDA	86.39	82.73	68.09	66.74	62.89	57.3
EBIT	145.34	136.59	25.32	40.59	21.79	150.17
EBIT Margin	8.29%	8.11%	1.46%	2.11%	1.11%	6.42%
Effective Tax Rate	33.01%	33.75%	18.00%	11.17%	31.04%	20.38%
Revenue as Reported	-	-	1,739	1,921	1,954	2,339
Advertising Expenses	-	-	112.32	85.12	112.77	135.59

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