SHE:300408 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	9,716	8,869	7,266	5,682	5,089	6,182
Other Revenue	138.63	138.63	108.86	45.16	60.66	36.22
Revenue	9,855	9,007	7,375	5,727	5,149	6,218
Revenue Growth (YoY)	28.92%	22.13%	28.78%	11.21%	-17.19%	55.69%
Cost of Revenue	5,683	5,250	4,240	3,451	2,956	3,205
Gross Profit	4,172	3,758	3,135	2,275	2,193	3,013
Selling, General & Admin	593.04	562.96	480.66	499.02	528.85	495.57
Research & Development	663.55	653.44	583.07	545.81	452.17	418.54
Other Operating Expenses	110.32	107.78	14.69	35.3	57.68	57.48
Operating Expenses	1,403	1,340	1,091	1,103	1,021	989.27
Operating Income	2,768	2,418	2,044	1,172	1,172	2,024
Interest Expense	-22.14	-20.4	-27.7	-22.49	-8.9	-5.62
Interest & Investment Income	240.71	238.59	220.71	231.48	252.31	178.21
Currency Exchange Gain (Loss)	-46.57	-46.57	-1.79	10.04	29.75	0.3
Other Non Operating Income (Expenses)	-12.47	-1.89	-1.8	29.96	-15.08	-9.38
EBT Excluding Unusual Items	2,928	2,587	2,234	1,421	1,430	2,187
Gain (Loss) on Sale of Investments	28.55	30.47	49.77	55.02	20.01	-
Gain (Loss) on Sale of Assets	-10.62	0.37	-1.34	1.93	-0.98	-3.85
Asset Writedown	-40.33	-2.94	-9.46	-3.53	-4.33	-27.61
Other Unusual Items	392.07	392.82	246.31	308.45	221.52	147.91
Pretax Income	3,297	3,008	2,519	1,783	1,666	2,304
Income Tax Expense	422.59	391.2	328.71	199.7	160.21	290.22
Earnings From Continuing Operations	2,875	2,617	2,190	1,583	1,506	2,013
Minority Interest in Earnings	1.74	1.4	0.22	-2.16	-1.4	-2.5
Net Income	2,877	2,618	2,190	1,581	1,505	2,011
Net Income to Common	2,877	2,618	2,190	1,581	1,505	2,011
Net Income Growth	25.61%	19.54%	38.55%	5.07%	-25.17%	39.68%
Shares Outstanding (Basic)	1,918	1,911	1,921	1,928	1,905	1,828
Shares Outstanding (Diluted)	1,918	1,911	1,921	1,928	1,905	1,828
Shares Change (YoY)	-0.44%	-0.53%	-0.34%	1.23%	4.20%	4.13%
EPS (Basic)	1.50	1.37	1.14	0.82	0.79	1.10
EPS (Diluted)	1.50	1.37	1.14	0.82	0.79	1.10
EPS Growth	26.17%	20.18%	39.02%	3.80%	-28.18%	34.15%
Free Cash Flow	2,122	2,298	1,764	1,173	949.06	-756.04
Free Cash Flow Per Share	1.11	1.20	0.92	0.61	0.50	-0.41
Dividend Per Share	0.450	0.450	0.380	0.280	0.250	0.320
Dividend Growth	18.42%	18.42%	35.71%	12.00%	-21.88%	28.00%
Gross Margin	42.33%	41.72%	42.51%	39.73%	42.59%	48.45%
Operating Margin	28.09%	26.84%	27.72%	20.46%	22.76%	32.54%
Profit Margin	29.19%	29.07%	29.70%	27.61%	29.22%	32.34%
Free Cash Flow Margin	21.53%	25.51%	23.92%	20.48%	18.43%	-12.16%
EBITDA	3,513	3,142	2,689	1,766	1,696	2,396
EBITDA Margin	35.64%	34.89%	36.46%	30.84%	32.95%	38.53%
D&A For EBITDA	744.51	724.48	644.37	593.95	524.49	372.52
EBIT	2,768	2,418	2,044	1,172	1,172	2,024
EBIT Margin	28.09%	26.84%	27.72%	20.46%	22.76%	32.54%
Effective Tax Rate	12.82%	13.00%	13.05%	11.20%	9.62%	12.60%
Revenue as Reported	9,855	9,007	7,375	5,727	5,149	6,218

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