SHE:300406 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	1,371	1,356	1,648	1,737	1,508	1,598
Other Revenue	-	-	11.28	4.4	2.88	1
Revenue	1,371	1,356	1,659	1,742	1,511	1,599
Revenue Growth (YoY)	-13.52%	-18.29%	-4.75%	15.27%	-5.53%	88.58%
Cost of Revenue	279.12	279.92	361.88	445.01	384.12	448.5
Gross Profit	1,091	1,076	1,297	1,297	1,127	1,151
Selling, General & Admin	405.35	408.88	457.67	491.04	457.36	444.38
Research & Development	179.28	181.73	188.53	162.9	137.2	127.01
Other Operating Expenses	9.61	10.19	15.45	14.97	12.85	12.92
Operating Expenses	594.23	600.81	665.03	692.35	625.46	602.71
Operating Income	497.16	474.78	632.01	604.27	501.29	548.17
Interest Expense	-	-	-47.61	-46.99	-52.64	-21.59
Interest & Investment Income	15.8	12.14	19.82	25.95	21.48	15.74
Currency Exchange Gain (Loss)	-	-	-0.1	-0.12	2.21	-0.29
Other Non Operating Income (Expenses)	-67.94	-67.03	2.39	-3.5	-28.33	-19.94
EBT Excluding Unusual Items	445.01	419.88	606.52	579.62	444.01	522.09
Impairment of Goodwill	-	-	-	-	-3.03	-
Gain (Loss) on Sale of Investments	0.15	-	-	-	-	-
Gain (Loss) on Sale of Assets	-2.2	-2.87	-2.11	-3.5	-2.68	0.16
Asset Writedown	-180.76	-180.76	-1.38	-0.21	-2.29	-0.11
Other Unusual Items	-	-	17.66	17.64	13.35	14.85
Pretax Income	262.21	236.25	620.69	593.55	449.35	536.99
Income Tax Expense	49.64	45.71	89.53	71.48	54.89	67.33
Earnings From Continuing Operations	212.58	190.54	531.16	522.07	394.46	469.66
Minority Interest in Earnings	-0.35	-0.66	1.47	1.67	-5.37	-64.01
Net Income	212.22	189.87	532.64	523.74	389.1	405.65
Net Income to Common	212.22	189.87	532.64	523.74	389.1	405.65
Net Income Growth	-57.63%	-64.35%	1.70%	34.60%	-4.08%	261.30%
Shares Outstanding (Basic)	591	593	579	582	581	588
Shares Outstanding (Diluted)	591	593	592	595	614	588
Shares Change (YoY)	-1.95%	0.26%	-0.56%	-3.00%	4.37%	7.25%
EPS (Basic)	0.36	0.32	0.92	0.90	0.67	0.69
EPS (Diluted)	0.36	0.32	0.90	0.88	0.67	0.69
EPS Growth	-56.79%	-64.44%	2.27%	31.47%	-2.99%	236.88%
Free Cash Flow	558.46	525.87	546.36	437.06	299.69	275.9
Free Cash Flow Per Share	0.94	0.89	0.92	0.73	0.49	0.47
Dividend Per Share	-	-	0.400	0.200	0.100	0.100
Dividend Growth	-	-	100.00%	100.00%	-	0.66%
Gross Margin	79.63%	79.35%	78.19%	74.45%	74.58%	71.96%
Operating Margin	36.27%	35.03%	38.10%	34.70%	33.18%	34.27%
Profit Margin	15.48%	14.01%	32.11%	30.07%	25.75%	25.36%
Free Cash Flow Margin	40.75%	38.80%	32.93%	25.09%	19.84%	17.25%
EBITDA	567.6	544.87	700.68	658.03	554.35	590.51
EBITDA Margin	41.41%	40.20%	42.24%	37.78%	36.69%	36.92%
D&A For EBITDA	70.45	70.09	68.67	53.76	53.05	42.33
EBIT	497.16	474.78	632.01	604.27	501.29	548.17
EBIT Margin	36.27%	35.03%	38.10%	34.70%	33.18%	34.27%
Effective Tax Rate	18.93%	19.35%	14.42%	12.04%	12.22%	12.54%
Revenue as Reported	-	-	1,659	1,742	-	1,599
Advertising Expenses	-	-	153.01	194.01	200.07	186.98

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