SHE:300699 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,859	2,443	2,508	2,502	2,587
Other Revenue	-	7.18	9.95	8.7	20.09
Revenue	2,859	2,450	2,518	2,511	2,607
Revenue Growth (YoY)	16.68%	-2.69%	0.26%	-3.69%	23.25%
Cost of Revenue	2,149	1,392	1,356	1,323	1,475
Gross Profit	709.36	1,058	1,162	1,188	1,132
Selling, General & Admin	-	149.99	152.63	145.54	106.79
Research & Development	-	161.75	163.39	177.15	212.74
Other Operating Expenses	-	22.96	-0.29	-42.08	-28.8
Operating Expenses	-	324.43	366.37	301.21	281.84
Operating Income	709.36	733.88	795.23	886.57	849.97
Interest Expense	-	-23	-9.61	-5.94	-5.22
Interest & Investment Income	-	20.42	18.16	17.65	4.9
Earnings From Equity Investments	-	0.08	-	-	1.6
Currency Exchange Gain (Loss)	-	6.2	19.06	91.94	-7.81
Other Non Operating Income (Expenses)	-1.06	-0.79	4.18	-8.7	-0.85
EBT Excluding Unusual Items	708.3	736.79	827.04	981.52	842.59
Merger & Restructuring Charges	-	-	-10.52	-7.75	-
Gain (Loss) on Sale of Investments	-	1.94	10.19	8.11	9.35
Gain (Loss) on Sale of Assets	-	1.22	-	0.24	2.37
Asset Writedown	-	-0.01	-13.34	-0.87	-1.38
Other Unusual Items	-	73.77	179.53	62.74	-1.38
Pretax Income	708.3	813.71	992.88	1,044	851.56
Income Tax Expense	106.88	127.57	151.97	137.82	95.37
Earnings From Continuing Operations	601.42	686.14	840.91	906.15	756.19
Minority Interest in Earnings	-	55.05	32.25	28.1	2.2
Net Income	601.42	741.18	873.17	934.25	758.38
Net Income to Common	601.42	741.18	873.17	934.25	758.38
Net Income Growth	-18.86%	-15.12%	-6.54%	23.19%	18.18%
Shares Outstanding (Basic)	831	826	831	829	831
Shares Outstanding (Diluted)	831	826	831	829	831
Shares Change (YoY)	0.67%	-0.57%	0.15%	-0.21%	0.37%
EPS (Basic)	0.72	0.90	1.05	1.13	0.91
EPS (Diluted)	0.72	0.90	1.05	1.13	0.91
EPS Growth	-19.40%	-14.63%	-6.68%	23.45%	17.74%
Free Cash Flow	-	23.79	-210.45	-550.53	595.23
Free Cash Flow Per Share	-	0.03	-0.25	-0.66	0.72
Dividend Per Share	-	0.500	0.500	0.438	0.313
Dividend Growth	-	-	14.29%	40.00%	-
Gross Margin	24.82%	43.20%	46.14%	47.30%	43.41%
Operating Margin	24.82%	29.95%	31.59%	35.31%	32.60%
Profit Margin	21.04%	30.25%	34.68%	37.20%	29.09%
Free Cash Flow Margin	-	0.97%	-8.36%	-21.92%	22.83%
EBITDA	978.58	1,003	990.1	1,061	993.49
EBITDA Margin	34.23%	40.94%	39.33%	42.27%	38.10%
D&A For EBITDA	269.22	269.22	194.86	174.83	143.52
EBIT	709.36	733.88	795.23	886.57	849.97
EBIT Margin	24.82%	29.95%	31.59%	35.31%	32.60%
Effective Tax Rate	15.09%	15.68%	15.31%	13.20%	11.20%
Revenue as Reported	-	2,450	2,518	2,511	2,607
Advertising Expenses	-	4.49	2.57	4	1.82

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