SHE:300144 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	Jan '22 Jan 1, 2022
Operating Revenue	2,046	2,162	2,322	1,870	420.2	1,133
Other Revenue	87.1	95.16	95.37	56.37	37.61	51.9
Revenue	2,133	2,258	2,417	1,926	457.81	1,185
Revenue Growth	-8.28%	-6.60%	25.49%	320.76%	-61.36%	31.27%
Cost of Revenue	810.05	795.88	782.94	648.58	233.08	581.9
Gross Profit	1,323	1,462	1,634	1,278	224.74	602.97
Selling, General & Admin	342.13	370.42	312.84	234.59	409.54	320.06
Research & Development	37.76	39.03	41.26	30.01	18.45	41.18
Other Operating Expenses	53.56	45.35	40.02	27.3	27.51	22.37
Operating Expenses	433.38	454.78	394.27	292.03	455.49	383.42
Operating Income	890.06	1,007	1,240	985.71	-230.75	219.55
Interest Expense	-16.59	-17.52	-19.53	-28.21	-31.62	-32.79
Interest & Investment Income	81.04	64.71	83.27	65.55	180.85	209.13
Currency Exchange Gain (Loss)	-	-	-	-	8.93	9.28
Other Non Operating Income (Expenses)	-1.59	-3.08	-6.24	-9.75	-1.72	-19.6
EBT Excluding Unusual Items	952.93	1,051	1,298	1,013	-74.31	385.57
Impairment of Goodwill	-	-	-	-	-	-10.08
Gain (Loss) on Sale of Investments	-7.56	-1.03	4.08	-925.71	-2.49	-12.1
Gain (Loss) on Sale of Assets	0.09	0.03	0.06	0.36	2.13	4.51
Asset Writedown	-14.22	-10.14	-19.3	-49.27	-6.85	-32.22
Other Unusual Items	32.43	24.47	20.12	4.54	10.28	8.16
Pretax Income	963.67	1,064	1,303	43.22	-71.24	343.84
Income Tax Expense	171.6	213.11	227.45	151.81	3.48	41.25
Earnings From Continuing Operations	792.07	851.25	1,075	-108.59	-74.73	302.59
Minority Interest in Earnings	-32.67	-33.58	-26.31	-1.32	26.98	12.54
Net Income	759.4	817.67	1,049	-109.91	-47.75	315.13
Net Income to Common	759.4	817.67	1,049	-109.91	-47.75	315.13
Net Income Growth	-15.97%	-22.03%	-	-	-	-
Shares Outstanding (Basic)	2,622	2,621	2,616	2,617	2,609	2,615
Shares Outstanding (Diluted)	2,622	2,621	2,616	2,617	2,609	2,615
Shares Change	0.09%	0.18%	-0.04%	0.30%	-0.23%	0.02%
EPS (Basic)	0.29	0.31	0.40	-0.04	-0.02	0.12
EPS (Diluted)	0.29	0.31	0.40	-0.04	-0.02	0.12
EPS Growth	-16.05%	-22.18%	-	-	-	-

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	Jan '22 Jan 1, 2022
Free Cash Flow	985.47	1,278	1,118	1,022	86.28	56.63
Free Cash Flow Per Share	0.38	0.49	0.43	0.39	0.03	0.02
Dividend Per Share	0.250	0.250	0.200	0.100	0.050	0.050
Dividend Growth	25.00%	25.00%	100.00%	100.00%	0%	0%
Gross Margin	62.03%	64.75%	67.61%	66.33%	49.09%	50.89%
Operating Margin	41.72%	44.60%	51.30%	51.17%	-50.40%	18.53%
Profit Margin	35.59%	36.22%	43.39%	-5.71%	-10.43%	26.60%
Free Cash Flow Margin	46.19%	56.63%	46.25%	53.07%	18.85%	4.78%
EBITDA	1,159	1,277	1,520	1,259	61.11	511.96
EBITDA Margin	54.32%	56.57%	62.89%	65.37%	13.35%	43.21%
D&A For EBITDA	268.85	270.3	280.08	273.47	291.86	292.41
EBIT	890.06	1,007	1,240	985.71	-230.75	219.55
EBIT Margin	41.72%	44.60%	51.30%	51.17%	-50.40%	18.53%
Effective Tax Rate	17.81%	20.02%	17.46%	351.25%	-	12.00%
Revenue as Reported	2,133	2,258	2,417	1,926	457.81	1,185
Advertising Expenses	-	145.99	88.27	57.91	8.4	40.99