SHE:300664 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	1,702	1,635	1,886	2,069	1,873	2,084
Other Revenue	23.46	23.46	23.5	7.51	8.54	9.06
Revenue	1,726	1,659	1,910	2,077	1,882	2,093
Revenue Growth (YoY)	4.10%	-13.15%	-8.04%	10.36%	-10.10%	-1.50%
Cost of Revenue	1,111	1,074	1,332	1,354	1,247	1,393
Gross Profit	614.32	584.74	577.39	722.81	634.45	700.24
Selling, General & Admin	185.92	184.5	188.38	195.14	145.39	138.39
Research & Development	29.55	28.63	28.07	26.97	25.73	31.26
Other Operating Expenses	14.38	13.85	19.05	17.54	13.81	12.45
Operating Expenses	323.73	305.9	282.91	289.07	229.17	239.18
Operating Income	290.59	278.84	294.48	433.74	405.28	461.06
Interest Expense	-87.95	-87.95	-87.68	-85.37	-89.2	-90.78
Interest & Investment Income	1.51	0.5	4.09	119.77	49.74	29.59
Currency Exchange Gain (Loss)	0.38	0.38	0.63	-0	0.02	-
Other Non Operating Income (Expenses)	-53.31	-55.31	-68.26	-77.63	-79.41	-10.69
EBT Excluding Unusual Items	151.22	136.47	143.25	390.52	286.43	389.18
Impairment of Goodwill	-	-	-	-0.27	-	-
Gain (Loss) on Sale of Investments	4.43	8.24	-16.99	-15.99	-	-
Gain (Loss) on Sale of Assets	-0.17	101.1	81.67	-0.01	-3.99	4.18
Asset Writedown	4.05	-10.15	-0.12	-2.56	-0.02	-0.11
Legal Settlements	-4.34	-4.34	-	-20	-0.5	-
Other Unusual Items	5.33	5.33	1.76	7.98	7.51	4.59
Pretax Income	160.52	236.65	209.56	359.67	289.43	397.83
Income Tax Expense	45.52	64.52	68.43	112.26	76.06	82.39
Earnings From Continuing Operations	115	172.14	141.13	247.4	213.37	315.44
Minority Interest in Earnings	-6.11	-1.77	17.77	10.47	19.34	-3.95
Net Income	108.89	170.37	158.91	257.87	232.72	311.49
Net Income to Common	108.89	170.37	158.91	257.87	232.72	311.49
Net Income Growth	-44.40%	7.21%	-38.38%	10.81%	-25.29%	-19.25%
Shares Outstanding (Basic)	720	727	729	764	710	702
Shares Outstanding (Diluted)	720	727	729	764	710	702
Shares Change (YoY)	-0.81%	-0.29%	-4.55%	7.59%	1.13%	-0.64%
EPS (Basic)	0.15	0.23	0.22	0.34	0.33	0.44
EPS (Diluted)	0.15	0.23	0.22	0.34	0.33	0.44
EPS Growth	-43.95%	7.53%	-35.44%	2.99%	-26.13%	-18.73%
Free Cash Flow	220.53	134.7	-28.27	-130.56	-48.72	-349.92
Free Cash Flow Per Share	0.31	0.18	-0.04	-0.17	-0.07	-0.50
Dividend Per Share	0.100	0.100	0.110	0.080	0.155	0.065
Dividend Growth	-9.09%	-9.09%	37.50%	-48.28%	137.99%	-
Gross Margin	35.60%	35.25%	30.23%	34.80%	33.72%	33.45%
Operating Margin	16.84%	16.81%	15.42%	20.89%	21.54%	22.03%
Profit Margin	6.31%	10.27%	8.32%	12.42%	12.37%	14.88%
Free Cash Flow Margin	12.78%	8.12%	-1.48%	-6.29%	-2.59%	-16.72%
EBITDA	411.03	396.56	401.31	490.58	451.25	504.77
EBITDA Margin	23.82%	23.91%	21.01%	23.62%	23.98%	24.12%
D&A For EBITDA	120.44	117.72	106.83	56.84	45.97	43.71
EBIT	290.59	278.84	294.48	433.74	405.28	461.06
EBIT Margin	16.84%	16.81%	15.42%	20.89%	21.54%	22.03%
Effective Tax Rate	28.36%	27.26%	32.65%	31.21%	26.28%	20.71%
Revenue as Reported	1,726	1,659	1,910	2,077	1,882	2,093
Advertising Expenses	-	1.05	2.95	2.46	1.43	1.74

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