SHE:300073 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	12,871	10,254	7,518	14,734	19,993	8,062
Other Revenue	120.45	120.45	74.7	393.53	1,271	195.61
Revenue	12,992	10,374	7,593	15,127	21,264	8,258
Revenue Growth (YoY)	62.72%	36.63%	-49.80%	-28.86%	157.50%	159.41%
Cost of Revenue	11,179	9,052	6,699	12,395	17,776	6,751
Gross Profit	1,813	1,322	894.34	2,732	3,488	1,507
Selling, General & Admin	344.02	306.06	247.97	227.31	325.57	214.93
Research & Development	629.63	485.61	370.26	407.84	860.35	335.71
Other Operating Expenses	0.94	12.82	-1.64	22	40.97	16.8
Operating Expenses	987.54	800	642.49	660.05	1,197	465.5
Operating Income	825.8	522.1	251.85	2,072	2,291	1,041
Interest Expense	-0.47	-0.79	-0.69	-	-0.19	-0
Interest & Investment Income	112.78	108.71	125.82	162.23	71.56	115.62
Currency Exchange Gain (Loss)	-28.34	-28.34	23.34	113.05	318.66	-27.83
Other Non Operating Income (Expenses)	-96.23	-19.57	-13.82	-19.33	-8.76	-4.78
EBT Excluding Unusual Items	813.54	582.11	386.5	2,328	2,672	1,124
Gain (Loss) on Sale of Investments	23.02	28.12	19.03	-158.93	-154.44	91.8
Gain (Loss) on Sale of Assets	0	0	3.51	-	0.05	-
Asset Writedown	-	-	-	-2.57	-5.96	-0.03
Other Unusual Items	119.62	118.73	126.78	85.12	26.42	33
Pretax Income	956.19	728.96	535.82	2,251	2,538	1,249
Income Tax Expense	130.88	93.89	62.68	332.38	279.42	157.91
Earnings From Continuing Operations	825.31	635.07	473.14	1,919	2,259	1,091
Minority Interest in Earnings	-26.77	-2.74	-1.31	5.42	-	-
Net Income	798.54	632.33	471.83	1,924	2,259	1,091
Net Income to Common	798.54	632.33	471.83	1,924	2,259	1,091
Net Income Growth	69.16%	34.02%	-75.48%	-14.80%	107.02%	183.45%
Shares Outstanding (Basic)	532	522	506	507	507	458
Shares Outstanding (Diluted)	532	522	506	507	507	458
Shares Change (YoY)	4.98%	3.11%	-0.01%	0.00%	10.58%	4.88%
EPS (Basic)	1.50	1.21	0.93	3.80	4.46	2.38
EPS (Diluted)	1.50	1.21	0.93	3.80	4.46	2.38
EPS Growth	61.13%	29.97%	-75.48%	-14.80%	87.21%	170.27%
Free Cash Flow	-1,651	-773.32	726.46	-109.56	43.54	143.23
Free Cash Flow Per Share	-3.10	-1.48	1.43	-0.22	0.09	0.31
Dividend Per Share	0.283	0.283	0.200	0.752	0.668	0.424
Dividend Growth	41.50%	41.50%	-73.40%	12.57%	57.55%	156.97%
Gross Margin	13.96%	12.74%	11.78%	18.06%	16.40%	18.25%
Operating Margin	6.36%	5.03%	3.32%	13.69%	10.77%	12.61%
Profit Margin	6.15%	6.09%	6.21%	12.72%	10.62%	13.21%
Free Cash Flow Margin	-12.71%	-7.45%	9.57%	-0.72%	0.21%	1.74%
EBITDA	1,223	910.86	608.27	2,312	2,450	1,163
EBITDA Margin	9.41%	8.78%	8.01%	15.29%	11.52%	14.09%
D&A For EBITDA	396.84	388.76	356.41	240.75	159.29	122.32
EBIT	825.8	522.1	251.85	2,072	2,291	1,041
EBIT Margin	6.36%	5.03%	3.32%	13.69%	10.77%	12.61%
Effective Tax Rate	13.69%	12.88%	11.70%	14.76%	11.01%	12.64%
Revenue as Reported	12,992	10,374	7,593	15,127	21,264	8,258

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