SHE:300347 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	6,951	6,713	6,474	7,289	7,002	5,187
Other Revenue	119.47	119.47	129.04	94.93	83.93	26.17
Revenue	7,070	6,833	6,603	7,384	7,085	5,214
Revenue Growth (YoY)	8.65%	3.48%	-10.58%	4.21%	35.91%	63.32%
Cost of Revenue	5,187	4,960	4,359	4,539	4,277	2,943
Gross Profit	1,883	1,873	2,244	2,845	2,808	2,271
Selling, General & Admin	961	960.56	944.45	837.52	780.02	676.88
Research & Development	261.22	257.64	238.39	261.56	234.62	211.83
Other Operating Expenses	44.29	31.71	22.2	19.15	7.17	12.5
Operating Expenses	1,273	1,265	1,235	1,155	1,046	926.93
Operating Income	610.62	608.47	1,009	1,690	1,763	1,344
Interest Expense	-80.97	-90.56	-141.24	-119.9	-83.18	-24.91
Interest & Investment Income	460.29	448.94	256.86	568.02	330.09	568.16
Currency Exchange Gain (Loss)	-16.95	-16.95	18.02	2.61	20.13	-11.83
Other Non Operating Income (Expenses)	-8.38	-9.26	-6.59	-3.32	-6.88	-1.48
EBT Excluding Unusual Items	964.61	940.64	1,137	2,138	2,023	1,874
Impairment of Goodwill	-20.28	-20.28	-5	-29.16	-	-
Gain (Loss) on Sale of Investments	259.68	42.26	-501.69	352.77	535.86	1,815
Gain (Loss) on Sale of Assets	2.61	3.65	3.56	-0.19	-0.09	-0.53
Asset Writedown	2.73	-0.22	-	-	-0.45	-
Other Unusual Items	56.18	37.16	31.05	27.24	27.1	-3.96
Pretax Income	1,266	1,003	664.46	2,489	2,585	3,685
Income Tax Expense	240.38	198.16	216.63	338.61	313.65	292.86
Earnings From Continuing Operations	1,025	805.06	447.83	2,150	2,272	3,392
Minority Interest in Earnings	-253.69	82.83	-42.69	-125.08	-265.17	-517.54
Net Income	771.46	887.89	405.14	2,025	2,007	2,874
Net Income to Common	771.46	887.89	405.14	2,025	2,007	2,874
Net Income Growth	129.92%	119.15%	-79.99%	0.91%	-30.19%	64.26%
Shares Outstanding (Basic)	842	856	863	865	865	868
Shares Outstanding (Diluted)	842	856	863	865	866	871
Shares Change (YoY)	-2.39%	-0.83%	-0.22%	-0.07%	-0.62%	9.01%
EPS (Basic)	0.92	1.04	0.47	2.34	2.32	3.31
EPS (Diluted)	0.92	1.04	0.47	2.34	2.32	3.30
EPS Growth	135.54%	120.99%	-79.94%	0.86%	-29.70%	50.69%
Free Cash Flow	1,021	903.72	740.45	836.68	908.9	1,055
Free Cash Flow Per Share	1.21	1.06	0.86	0.97	1.05	1.21
Dividend Per Share	0.126	0.126	0.300	0.568	0.550	0.500
Dividend Growth	-58.00%	-58.00%	-47.18%	3.27%	10.00%	66.67%
Gross Margin	26.64%	27.41%	33.99%	38.53%	39.64%	43.55%
Operating Margin	8.64%	8.91%	15.29%	22.89%	24.88%	25.77%
Profit Margin	10.91%	13.00%	6.14%	27.42%	28.32%	55.13%
Free Cash Flow Margin	14.44%	13.23%	11.21%	11.33%	12.83%	20.24%
EBITDA	824.11	820.3	1,215	1,876	1,921	1,458
EBITDA Margin	11.66%	12.01%	18.40%	25.40%	27.12%	27.97%
D&A For EBITDA	213.49	211.84	205.22	185.06	158.69	114.71
EBIT	610.62	608.47	1,009	1,690	1,763	1,344
EBIT Margin	8.64%	8.91%	15.29%	22.89%	24.88%	25.77%
Effective Tax Rate	18.99%	19.75%	32.60%	13.61%	12.13%	7.95%
Revenue as Reported	7,070	6,833	6,603	7,384	7,085	5,214
Advertising Expenses	-	13.05	14.1	19.97	19.24	14.45

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