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	2,847	2,443	2,508	2,502	2,587
Other Revenue	12.16	7.18	9.95	8.7	20.09
Revenue	2,860	2,450	2,518	2,511	2,607
Revenue Growth (YoY)	16.72%	-2.69%	0.26%	-3.69%	23.25%
Cost of Revenue	1,774	1,392	1,356	1,323	1,475
Gross Profit	1,085	1,058	1,162	1,188	1,132
Selling, General & Admin	160.74	149.99	152.63	145.54	106.79
Research & Development	208.11	161.75	163.39	177.15	212.74
Other Operating Expenses	25.57	-58.39	-0.29	-42.08	-28.8
Operating Expenses	412.25	243.08	366.37	301.21	281.84
Operating Income	673.09	815.23	795.23	886.57	849.97
Interest Expense	-40.42	-23	-9.61	-5.94	-5.22
Interest & Investment Income	33.35	20.42	18.16	17.65	4.9
Earnings From Equity Investments	0.04	0.08	-	-	1.6
Currency Exchange Gain (Loss)	-19.57	6.2	19.06	91.94	-7.81
Other Non Operating Income (Expenses)	-1.34	-2.22	4.18	-8.7	-0.85
EBT Excluding Unusual Items	645.15	816.72	827.04	981.52	842.59
Merger & Restructuring Charges	-	-	-10.52	-7.75	-
Gain (Loss) on Sale of Investments	0.61	1.94	10.19	8.11	9.35
Gain (Loss) on Sale of Assets	0.1	1.22	-	0.24	2.37
Asset Writedown	-0.17	-0.01	-13.34	-0.87	-1.38
Other Unusual Items	62.77	-6.16	179.53	62.74	-1.38
Pretax Income	708.46	813.71	992.88	1,044	851.56
Income Tax Expense	109.13	127.57	151.97	137.82	95.37
Earnings From Continuing Operations	599.32	686.14	840.91	906.15	756.19
Minority Interest in Earnings	4.08	55.05	32.25	28.1	2.2
Net Income	603.4	741.18	873.17	934.25	758.38
Net Income to Common	603.4	741.18	873.17	934.25	758.38
Net Income Growth	-18.59%	-15.12%	-6.54%	23.19%	18.18%
Shares Outstanding (Basic)	825	826	831	829	831
Shares Outstanding (Diluted)	825	826	831	829	831
Shares Change (YoY)	-0.10%	-0.57%	0.15%	-0.21%	0.37%
EPS (Basic)	0.73	0.90	1.05	1.13	0.91
EPS (Diluted)	0.73	0.90	1.05	1.13	0.91
EPS Growth	-18.66%	-14.63%	-6.68%	23.45%	17.74%
Free Cash Flow	547.56	23.79	-210.45	-550.53	595.23
Free Cash Flow Per Share	0.66	0.03	-0.25	-0.66	0.72
Dividend Per Share	0.500	0.500	0.500	0.438	0.313
Dividend Growth	-	-	14.29%	40.00%	-
Gross Margin	37.96%	43.20%	46.14%	47.30%	43.41%
Operating Margin	23.54%	33.28%	31.59%	35.31%	32.60%
Profit Margin	21.10%	30.25%	34.68%	37.20%	29.09%
Free Cash Flow Margin	19.15%	0.97%	-8.36%	-21.92%	22.83%
EBITDA	1,061	1,086	990.1	1,061	993.49
EBITDA Margin	37.11%	44.32%	39.33%	42.27%	38.10%
D&A For EBITDA	388.07	270.68	194.86	174.83	143.52
EBIT	673.09	815.23	795.23	886.57	849.97
EBIT Margin	23.54%	33.28%	31.59%	35.31%	32.60%
Effective Tax Rate	15.40%	15.68%	15.31%	13.20%	11.20%
Revenue as Reported	2,860	2,450	2,518	2,511	2,607
Advertising Expenses	5.71	4.49	2.57	4	1.82

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