SHE:300627 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
Revenue	3,717	3,699	3,251	2,678	2,236	1,903
Revenue Growth (YoY)	8.59%	13.79%	21.38%	19.77%	17.50%	35.02%
Cost of Revenue	1,458	1,467	1,374	1,159	974.06	871.68
Gross Profit	2,259	2,232	1,877	1,520	1,262	1,031
Selling, General & Admin	977.52	938.27	857.5	707.15	630.96	536.59
Research & Development	559.26	558	469.02	462.11	403.05	332.79
Other Operating Expenses	-31.72	-39.35	-61.78	-47.07	-45.85	-49.15
Operating Expenses	1,555	1,529	1,320	1,149	1,016	816.17
Operating Income	703.78	702.72	556.33	371.09	245.74	215.32
Interest Expense	-5.12	-5.33	-7.09	-8.81	-6.06	-4.16
Interest & Investment Income	44.36	42.68	78.65	26.87	32.32	22.18
Currency Exchange Gain (Loss)	29.58	29.58	-12.37	2.22	12.94	-9.04
Other Non Operating Income (Expenses)	-55.87	-9.03	-9.49	-9.08	-1.61	-2.92
EBT Excluding Unusual Items	716.74	760.62	606.03	382.29	283.33	221.37
Impairment of Goodwill	-	-	-2.2	-	-	-
Gain (Loss) on Sale of Investments	-5.97	-4.76	-8.5	9.46	-7.13	10.14
Gain (Loss) on Sale of Assets	0.64	0.66	1.47	0.09	4.18	0.6
Asset Writedown	-0.99	-0.99	-1.7	-2.37	-1	-3.93
Other Unusual Items	43.02	21.01	25.66	62.96	67.56	61.91
Pretax Income	761.79	784.89	632.02	457.08	353.25	291.63
Income Tax Expense	98.12	101.29	48.77	13.38	-7.33	1.95
Earnings From Continuing Operations	663.66	683.61	583.25	443.7	360.58	289.68
Minority Interest in Earnings	4.41	1.81	0.15	5.44	0.71	4.65
Net Income	668.07	685.42	583.4	449.14	361.29	294.34
Net Income to Common	668.07	685.42	583.4	449.14	361.29	294.34
Net Income Growth	7.22%	17.49%	29.89%	24.32%	22.75%	49.45%
Shares Outstanding (Basic)	781	777	764	753	743	703
Shares Outstanding (Diluted)	789	785	767	755	749	712
Shares Change (YoY)	2.32%	2.41%	1.56%	0.73%	5.31%	6.38%
EPS (Basic)	0.86	0.88	0.76	0.60	0.49	0.42
EPS (Diluted)	0.85	0.87	0.76	0.59	0.48	0.41
EPS Growth	4.79%	14.72%	27.90%	23.42%	16.56%	40.49%
Free Cash Flow	604.26	596.82	595.92	304.94	-2.57	96.01
Free Cash Flow Per Share	0.77	0.76	0.78	0.40	-0.00	0.14
Dividend Per Share	0.450	0.450	0.357	0.250	0.193	0.153
Dividend Growth	26.02%	26.02%	42.84%	29.60%	26.00%	19.98%
Gross Margin	60.78%	60.34%	57.72%	56.75%	56.44%	54.20%
Operating Margin	18.93%	19.00%	17.11%	13.86%	10.99%	11.31%
Profit Margin	17.97%	18.53%	17.95%	16.77%	16.16%	15.47%
Free Cash Flow Margin	16.26%	16.13%	18.33%	11.39%	-0.11%	5.04%
EBITDA	790.65	794.05	665.48	474.17	321	267.28
EBITDA Margin	21.27%	21.47%	20.47%	17.70%	14.35%	14.04%
D&A For EBITDA	86.87	91.32	109.14	103.08	75.26	51.95
EBIT	703.78	702.72	556.33	371.09	245.74	215.32
EBIT Margin	18.93%	19.00%	17.11%	13.86%	10.99%	11.31%
Effective Tax Rate	12.88%	12.90%	7.72%	2.93%	-	0.67%
Revenue as Reported	3,717	3,699	3,251	2,678	2,236	1,903
Advertising Expenses	-	46.29	42	35.2	-	18.36

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