SHE:300140 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	5,934	5,923	5,873	6,099	6,358	1,114
Other Revenue	64.14	64.14	46.12	45.43	38.62	20.06
Revenue	5,998	5,987	5,919	6,145	6,396	1,134
Revenue Growth (YoY)	1.37%	1.15%	-3.67%	-3.93%	463.99%	-39.79%
Cost of Revenue	3,796	3,818	3,845	4,070	4,329	997.39
Gross Profit	2,202	2,169	2,074	2,075	2,067	136.72
Selling, General & Admin	506.41	513.42	472.29	454.23	436.92	175
Research & Development	68.89	83.52	169.17	208.95	189.78	52.57
Other Operating Expenses	-88.96	-98.02	-66.35	-72.79	-12.18	8.68
Operating Expenses	689.82	702.4	711.9	705.94	685.75	283.58
Operating Income	1,512	1,467	1,362	1,369	1,381	-146.86
Interest Expense	-363.1	-363.1	-446.9	-537.57	-603.06	-47.95
Interest & Investment Income	48.73	48.73	16.04	30.12	23.86	122.8
Earnings From Equity Investments	-0.79	-	-	-	-	-
Currency Exchange Gain (Loss)	1.37	1.37	0.63	0.14	0.39	-0.65
Other Non Operating Income (Expenses)	32.96	13.83	-46.31	5.5	-4.64	-127.55
EBT Excluding Unusual Items	1,231	1,168	885.5	867.44	797.8	-200.21
Impairment of Goodwill	-	-	-56.45	-67.49	-70.2	-67.5
Gain (Loss) on Sale of Investments	-17.32	-17.32	2.52	5.37	-0.16	8.32
Gain (Loss) on Sale of Assets	2.13	1.75	0.36	2.69	0.72	0.21
Asset Writedown	-5.2	-3.17	-6.51	-0.66	-10.37	-0.51
Legal Settlements	-	-	-	-	-	-2.82
Other Unusual Items	-41.94	-41.94	14.22	11.75	11.76	10.95
Pretax Income	1,172	1,110	845.61	824.42	730.53	-251.56
Income Tax Expense	240.59	216.5	216.96	74.79	68.41	-17.77
Earnings From Continuing Operations	931.9	893.97	628.64	749.62	662.11	-233.79
Minority Interest in Earnings	-21.84	-22.8	-23.2	-41.57	-59.06	-2.32
Net Income	910.07	871.17	605.44	708.05	603.05	-236.11
Net Income to Common	910.07	871.17	605.44	708.05	603.05	-236.11
Net Income Growth	31.93%	43.89%	-14.49%	17.41%	-	-
Shares Outstanding (Basic)	3,100	3,099	3,110	2,562	2,518	427
Shares Outstanding (Diluted)	3,100	3,099	3,110	2,562	2,518	427
Shares Change (YoY)	-0.18%	-0.34%	21.39%	1.74%	489.32%	0.01%
EPS (Basic)	0.29	0.28	0.19	0.28	0.24	-0.55
EPS (Diluted)	0.29	0.28	0.19	0.28	0.24	-0.55
EPS Growth	32.17%	44.38%	-29.56%	15.41%	-	-
Free Cash Flow	1,745	1,660	1,159	478.32	232.68	193.65
Free Cash Flow Per Share	0.56	0.54	0.37	0.19	0.09	0.45
Dividend Per Share	-	-	0.120	-	-	-
Gross Margin	36.71%	36.23%	35.04%	33.77%	32.31%	12.05%
Operating Margin	25.21%	24.50%	23.01%	22.28%	21.59%	-12.95%
Profit Margin	15.17%	14.55%	10.23%	11.52%	9.43%	-20.82%
Free Cash Flow Margin	29.08%	27.72%	19.58%	7.78%	3.64%	17.08%
EBITDA	2,687	2,639	2,522	2,494	2,438	-107.57
EBITDA Margin	44.80%	44.07%	42.60%	40.59%	38.12%	-9.49%
D&A For EBITDA	1,175	1,172	1,160	1,125	1,057	39.29
EBIT	1,512	1,467	1,362	1,369	1,381	-146.86
EBIT Margin	25.21%	24.50%	23.01%	22.28%	21.59%	-12.95%
Effective Tax Rate	20.52%	19.50%	25.66%	9.07%	9.37%	-
Revenue as Reported	5,987	5,987	5,919	6,145	6,396	1,134

Updated Mar 31, 2026. Source: S&P Global Market Intelligence. Standard template. Financial Sources.