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	2,673	2,597	2,135	1,878	2,207	2,861
Other Revenue	8.37	8.37	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	2,120	2,064	1,630	1,381	1,407	1,766
Gross Profit	561.37	541.45	515.13	513.34	815.75	1,145
Selling, General & Admin	168.81	170.84	170.48	161.21	164.76	185.78
Research & Development	164.88	168.85	146.68	124.98	95.12	116.78
Other Operating Expenses	5.86	-0.5	2.79	21.9	-56.27	24.15
Operating Expenses	516.72	510.74	375.92	291.61	372.82	409.9
Operating Income	44.65	30.72	139.21	221.72	442.93	735.13
Interest Expense	-259.74	-268.28	-304.97	-317.11	-337.15	-386.68
Interest & Investment Income	191.43	203.02	177.12	318.87	3.09	370.73
Currency Exchange Gain (Loss)	8.57	8.57	-	-	-	-
Other Non Operating Income (Expenses)	-9.16	-8.47	-21.36	-3.23	170.46	-90.27
EBT Excluding Unusual Items	-24.25	-34.44	-10	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	-16.28	-6.34	-36.81	-0.84	-0.09	-3.61
Other Unusual Items	87.01	79.98	67.8	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)	49.12%	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	-	-	-	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	20.94%	20.78%	24.01%	27.10%	36.70%	39.33%
Operating Margin	1.67%	1.18%	6.49%	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	62.08	90.3	367.41	492.3	726.96	1,031
EBITDA Margin	2.31%	3.47%	17.12%	25.99%	32.71%	35.40%
D&A For EBITDA	17.43	59.58	228.2	270.58	284.03	295.41
EBIT	44.65	30.72	139.21	221.72	442.93	735.13
EBIT Margin	1.67%	1.18%	6.49%	11.71%	19.93%	25.25%
Effective Tax Rate	-	-	-	16.49%	16.26%	22.60%
Revenue as Reported	2,681	2,606	2,146	1,894	2,222	2,911
Advertising Expenses	-	9.68	7.22	3.93	9.28	14.35

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