SHE:300355 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	2,681	2,606	2,135	1,878	2,207	2,861
Other Revenue	-	-	10.88	15.94	15.32	49.98
Revenue	2,681	2,606	2,146	1,894	2,222	2,911
Revenue Growth (YoY)	22.34%	21.44%	13.27%	-14.77%	-23.66%	14.54%
Cost of Revenue	2,115	2,060	1,632	1,381	1,407	1,766
Gross Profit	565.89	545.97	513.53	512.92	815.75	1,145
Selling, General & Admin	151.48	153.51	168.87	160.8	164.76	185.78
Research & Development	182.98	186.95	146.68	124.98	95.12	116.78
Other Operating Expenses	-81.13	-79.91	14.11	21.9	-56.27	24.15
Operating Expenses	253.33	260.55	385.65	291.2	372.82	409.9
Operating Income	312.56	285.42	127.88	221.72	442.93	735.13
Interest Expense	-	-	-304.97	-317.11	-337.15	-386.68
Interest & Investment Income	0.35	-	177.12	318.87	3.09	370.73
Other Non Operating Income (Expenses)	-240.31	-230.05	-21.36	-3.23	170.46	-90.27
EBT Excluding Unusual Items	72.6	55.37	-21.32	220.26	279.34	628.91
Impairment of Goodwill	-	-	-	-1.84	-	-
Gain (Loss) on Sale of Investments	-48.21	-47.81	0.58	-0.03	-37.92	-205.92
Gain (Loss) on Sale of Assets	0.27	0.38	5.63	-0.04	1.03	21.43
Asset Writedown	-26.12	-16.18	-36.81	-0.84	-0.09	-3.61
Other Unusual Items	-	-	79.13	97.08	-1.2	35.32
Pretax Income	-1.46	-8.24	27.2	314.59	241.16	476.14
Income Tax Expense	-0.17	-6.62	-2.6	51.88	39.22	107.59
Earnings From Continuing Operations	-1.29	-1.62	29.8	262.71	201.93	368.55
Minority Interest in Earnings	26.04	21.93	5.58	-13.58	-17	-59.35
Net Income	24.75	20.31	35.38	249.13	184.94	309.19
Preferred Dividends & Other Adjustments	-	-	60	60	60	60
Net Income to Common	24.75	20.31	-24.62	189.13	124.94	249.19
Net Income Growth	-48.18%	-42.59%	-85.80%	34.71%	-40.19%	33.22%
Shares Outstanding (Basic)	1,920	2,031	1,231	1,576	1,604	1,557
Shares Outstanding (Diluted)	1,920	2,031	1,231	1,576	1,604	1,557
Shares Change (YoY)	19.71%	65.03%	-21.90%	-1.76%	3.00%	-26.19%
EPS (Basic)	0.01	0.01	-0.02	0.12	0.08	0.16
EPS (Diluted)	0.01	0.01	-0.02	0.12	0.08	0.16
EPS Growth	-56.71%	-	-	54.09%	-51.33%	45.45%
Free Cash Flow	358.94	234.65	1,439	1,525	311.86	470.09
Free Cash Flow Per Share	0.19	0.12	1.17	0.97	0.19	0.30
Dividend Per Share	-	-	0.004	0.023	0.018	0.027
Dividend Growth	-	-	-82.61%	27.78%	-33.33%	22.73%
Gross Margin	21.11%	20.95%	23.94%	27.08%	36.70%	39.33%
Operating Margin	11.66%	10.95%	5.96%	11.71%	19.93%	25.25%
Profit Margin	0.92%	0.78%	-1.15%	9.98%	5.62%	8.56%
Free Cash Flow Margin	13.39%	9.01%	67.07%	80.51%	14.03%	16.15%
EBITDA	662.35	577.21	187.64	492.3	726.96	1,031
EBITDA Margin	24.70%	22.15%	8.74%	25.99%	32.71%	35.40%
D&A For EBITDA	349.8	291.79	59.76	270.58	284.03	295.41
EBIT	312.56	285.42	127.88	221.72	442.93	735.13
EBIT Margin	11.66%	10.95%	5.96%	11.71%	19.93%	25.25%
Effective Tax Rate	-	-	-	16.49%	16.26%	22.60%
Revenue as Reported	-	-	2,146	1,894	2,222	2,911
Advertising Expenses	-	-	7.22	3.93	9.28	14.35

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