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	Jun '26 Jun 30, 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	3,795	3,699	3,251	2,678	2,236	1,903
Revenue Growth	5.39%	13.79%	21.38%	19.77%	17.50%	35.02%
Cost of Revenue	1,461	1,467	1,374	1,159	974.06	871.68
Gross Profit	2,334	2,232	1,877	1,520	1,262	1,031
Selling, General & Admin	999.86	938.27	857.5	707.15	630.96	536.59
Research & Development	589.02	558	469.02	462.11	403.05	332.79
Other Operating Expenses	-34.75	-39.35	-61.78	-47.07	-45.85	-49.15
Operating Expenses	1,631	1,529	1,320	1,149	1,016	816.17
Operating Income	703.15	702.72	556.33	371.09	245.74	215.32
Interest Expense	-5.72	-5.33	-7.09	-8.81	-6.06	-4.16
Interest & Investment Income	46.18	42.68	78.65	26.87	32.32	22.18
Currency Exchange Gain (Loss)	-54.32	29.58	-12.37	2.22	12.94	-9.04
Other Non Operating Income (Expenses)	-7.38	-9.03	-9.49	-9.08	-1.61	-2.92
EBT Excluding Unusual Items	681.92	760.62	606.03	382.29	283.33	221.37
Impairment of Goodwill	-	-	-2.2	-	-	-
Gain (Loss) on Sale of Investments	-2.15	-4.76	-8.5	9.46	-7.13	10.14
Gain (Loss) on Sale of Assets	1.24	0.66	1.47	0.09	4.18	0.6
Asset Writedown	1.2	-0.99	-1.7	-2.37	-1	-3.93
Other Unusual Items	85.67	21.01	25.66	62.96	67.56	61.91
Pretax Income	775.51	784.89	632.02	457.08	353.25	291.63
Income Tax Expense	97.04	101.29	48.77	13.38	-7.33	1.95
Earnings From Continuing Operations	678.47	683.61	583.25	443.7	360.58	289.68
Minority Interest in Earnings	13.64	1.81	0.15	5.44	0.71	4.65
Net Income	692.11	685.42	583.4	449.14	361.29	294.34
Net Income to Common	692.11	685.42	583.4	449.14	361.29	294.34
Net Income Growth	5.08%	17.49%	29.89%	24.32%	22.75%	49.45%
Shares Outstanding (Basic)	894	777	764	753	743	703
Shares Outstanding (Diluted)	903	785	767	755	749	712
Shares Change	36.12%	2.41%	1.56%	0.73%	5.31%	6.38%
EPS (Basic)	0.77	0.88	0.76	0.60	0.49	0.42
EPS (Diluted)	0.77	0.87	0.76	0.59	0.48	0.41
EPS Growth	-22.80%	14.72%	27.90%	23.42%	16.56%	40.49%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	515.35	596.82	595.92	304.94	-2.57	96.01
Free Cash Flow Per Share	0.57	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	61.51%	60.34%	57.72%	56.75%	56.44%	54.20%
Operating Margin	18.53%	19.00%	17.11%	13.86%	10.99%	11.31%
Profit Margin	18.24%	18.53%	17.95%	16.77%	16.16%	15.47%
Free Cash Flow Margin	13.58%	16.13%	18.33%	11.39%	-0.11%	5.04%
EBITDA	793.98	794.05	665.48	474.17	321	267.28
EBITDA Margin	20.92%	21.47%	20.47%	17.70%	14.35%	14.04%
D&A For EBITDA	90.83	91.32	109.14	103.08	75.26	51.95
EBIT	703.15	702.72	556.33	371.09	245.74	215.32
EBIT Margin	18.53%	19.00%	17.11%	13.86%	10.99%	11.31%
Effective Tax Rate	12.51%	12.90%	7.72%	2.93%	-	0.67%
Revenue as Reported	3,795	3,699	3,251	2,678	2,236	1,903
Advertising Expenses	-	46.29	42	35.2	-	18.36