SHE:300699 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
Operating Revenue	2,800	2,847	2,443	2,508	2,502	2,587
Other Revenue	12.16	12.16	7.18	9.95	8.7	20.09
Revenue	2,812	2,860	2,450	2,518	2,511	2,607
Revenue Growth	10.99%	16.72%	-2.69%	0.26%	-3.69%	23.25%
Cost of Revenue	1,849	1,774	1,392	1,356	1,323	1,475
Gross Profit	963.34	1,085	1,058	1,162	1,188	1,132
Selling, General & Admin	172.49	160.74	149.99	152.63	145.54	106.79
Research & Development	267.74	208.11	161.75	163.39	177.15	212.74
Other Operating Expenses	39.15	25.57	-58.39	-0.29	-42.08	-28.8
Operating Expenses	518.22	412.25	243.08	366.37	301.21	281.84
Operating Income	445.12	673.09	815.23	795.23	886.57	849.97
Interest Expense	-42.8	-40.42	-23	-9.61	-5.94	-5.22
Interest & Investment Income	37.44	33.35	20.42	18.16	17.65	4.9
Earnings From Equity Investments	-0.23	0.04	0.08	-	-	1.6
Currency Exchange Gain (Loss)	-19.57	-19.57	6.2	19.06	91.94	-7.81
Other Non Operating Income (Expenses)	-44.69	-1.34	-2.22	4.18	-8.7	-0.85
EBT Excluding Unusual Items	375.27	645.15	816.72	827.04	981.52	842.59
Merger & Restructuring Charges	-	-	-	-10.52	-7.75	-
Gain (Loss) on Sale of Investments	0.48	0.61	1.94	10.19	8.11	9.35
Gain (Loss) on Sale of Assets	0.56	0.1	1.22	-	0.24	2.37
Asset Writedown	9.08	-0.17	-0.01	-13.34	-0.87	-1.38
Other Unusual Items	62.77	62.77	-6.16	179.53	62.74	-1.38
Pretax Income	448.16	708.46	813.71	992.88	1,044	851.56
Income Tax Expense	63.7	109.13	127.57	151.97	137.82	95.37
Earnings From Continuing Operations	384.46	599.32	686.14	840.91	906.15	756.19
Minority Interest in Earnings	3.45	4.08	55.05	32.25	28.1	2.2
Net Income	387.91	603.4	741.18	873.17	934.25	758.38
Net Income to Common	387.91	603.4	741.18	873.17	934.25	758.38
Net Income Growth	-28.30%	-18.59%	-15.12%	-6.54%	23.19%	18.18%
Shares Outstanding (Basic)	820	825	826	831	829	831
Shares Outstanding (Diluted)	820	825	826	831	829	831
Shares Change	-1.16%	-0.10%	-0.57%	0.15%	-0.21%	0.37%
EPS (Basic)	0.47	0.73	0.90	1.05	1.13	0.91
EPS (Diluted)	0.47	0.73	0.90	1.05	1.13	0.91
EPS Growth	-27.67%	-18.66%	-14.63%	-6.68%	23.45%	17.74%

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	56.76	547.56	23.79	-210.45	-550.53	595.23
Free Cash Flow Per Share	0.07	0.66	0.03	-0.25	-0.66	0.72
Dividend Per Share	0.500	0.500	0.500	0.500	0.438	0.313
Dividend Growth	0%	0%	0%	14.29%	40.00%	0%
Gross Margin	34.26%	37.96%	43.20%	46.14%	47.30%	43.41%
Operating Margin	15.83%	23.54%	33.28%	31.59%	35.31%	32.60%
Profit Margin	13.79%	21.10%	30.25%	34.68%	37.20%	29.09%
Free Cash Flow Margin	2.02%	19.15%	0.97%	-8.36%	-21.92%	22.83%
EBITDA	921.23	1,061	1,086	990.1	1,061	993.49
EBITDA Margin	32.76%	37.11%	44.32%	39.33%	42.27%	38.10%
D&A For EBITDA	476.11	388.07	270.68	194.86	174.83	143.52
EBIT	445.12	673.09	815.23	795.23	886.57	849.97
EBIT Margin	15.83%	23.54%	33.28%	31.59%	35.31%	32.60%
Effective Tax Rate	14.21%	15.40%	15.68%	15.31%	13.20%	11.20%
Revenue as Reported	2,812	2,860	2,450	2,518	2,511	2,607
Advertising Expenses	-	5.71	4.49	2.57	4	1.82