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	Sep '26 Sep 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	3,584	3,699	3,251	2,678	2,236	1,903
Revenue Growth	-0.48%	13.79%	21.38%	19.77%	17.50%	35.02%
Cost of Revenue	1,433	1,467	1,374	1,159	974.06	871.68
Gross Profit	2,152	2,232	1,877	1,520	1,262	1,031
Selling, General & Admin	1,006	938.27	857.5	707.15	630.96	536.59
Research & Development	568.48	558	469.02	462.11	403.05	332.79
Other Operating Expenses	-116.52	-39.35	-61.78	-47.07	-45.85	-49.15
Operating Expenses	1,521	1,529	1,320	1,149	1,016	816.17
Operating Income	630.99	702.72	556.33	371.09	245.74	215.32
Interest Expense	-3.81	-5.33	-7.09	-8.81	-6.06	-4.16
Interest & Investment Income	42.64	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)	-102.86	-9.03	-9.49	-9.08	-1.61	-2.92
EBT Excluding Unusual Items	596.54	760.62	606.03	382.29	283.33	221.37
Impairment of Goodwill	-	-	-2.2	-	-	-
Gain (Loss) on Sale of Investments	3.5	-4.76	-8.5	9.46	-7.13	10.14
Gain (Loss) on Sale of Assets	1.32	0.66	1.47	0.09	4.18	0.6
Asset Writedown	-1.48	-0.99	-1.7	-2.37	-1	-3.93
Other Unusual Items	21.01	21.01	25.66	62.96	67.56	61.91
Pretax Income	629.25	784.89	632.02	457.08	353.25	291.63
Income Tax Expense	90.15	101.29	48.77	13.38	-7.33	1.95
Earnings From Continuing Operations	539.11	683.61	583.25	443.7	360.58	289.68
Minority Interest in Earnings	22.46	1.81	0.15	5.44	0.71	4.65
Net Income	561.57	685.42	583.4	449.14	361.29	294.34
Net Income to Common	561.57	685.42	583.4	449.14	361.29	294.34
Net Income Growth	-18.18%	17.49%	29.89%	24.32%	22.75%	49.45%
Shares Outstanding (Basic)	790	777	764	753	743	703
Shares Outstanding (Diluted)	796	785	767	755	749	712
Shares Change	2.55%	2.41%	1.56%	0.73%	5.31%	6.38%
EPS (Basic)	0.71	0.88	0.76	0.60	0.49	0.42
EPS (Diluted)	0.71	0.87	0.76	0.59	0.48	0.41
EPS Growth	-20.21%	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	Sep '26 Sep 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	509.05	596.82	595.92	304.94	-2.57	96.01
Free Cash Flow Per Share	0.64	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	60.03%	60.34%	57.72%	56.75%	56.44%	54.20%
Operating Margin	17.60%	19.00%	17.11%	13.86%	10.99%	11.31%
Profit Margin	15.67%	18.53%	17.95%	16.77%	16.16%	15.47%
Free Cash Flow Margin	14.20%	16.13%	18.33%	11.39%	-0.11%	5.04%
EBITDA	708.94	794.05	665.48	474.17	321	267.28
EBITDA Margin	19.78%	21.47%	20.47%	17.70%	14.35%	14.04%
D&A For EBITDA	77.95	91.32	109.14	103.08	75.26	51.95
EBIT	630.99	702.72	556.33	371.09	245.74	215.32
EBIT Margin	17.60%	19.00%	17.11%	13.86%	10.99%	11.31%
Effective Tax Rate	14.33%	12.90%	7.72%	2.93%	-	0.67%
Revenue as Reported	3,584	3,699	3,251	2,678	2,236	1,903
Advertising Expenses	-	46.29	42	35.2	-	18.36