SHE:300760 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	33,287	33,172	36,624	34,875	30,354	25,258
Other Revenue	110.11	110.11	101.68	56.61	11.83	11.73
Revenue	33,397	33,282	36,726	34,932	30,366	25,270
Revenue Growth (YoY)	-6.16%	-9.38%	5.13%	15.04%	20.17%	20.18%
Cost of Revenue	13,625	13,527	13,767	12,768	10,956	8,967
Gross Profit	19,772	19,755	22,959	22,164	19,410	16,303
Selling, General & Admin	6,759	6,696	6,883	6,534	6,122	5,105
Research & Development	3,614	3,579	3,666	3,433	2,923	2,524
Other Operating Expenses	48.27	-13.4	-261.66	-308.79	-80.36	-83.14
Operating Expenses	10,525	10,456	10,586	9,903	9,001	7,539
Operating Income	9,247	9,299	12,373	12,261	10,409	8,764
Interest Expense	-25.11	-24.02	-19.41	-13	-10.69	-8.63
Interest & Investment Income	508.82	594.86	626.87	821.64	357.91	408.14
Currency Exchange Gain (Loss)	-113.43	-113.43	-51.28	119.17	171.96	-227.66
Other Non Operating Income (Expenses)	-471.6	-80.27	-87.45	-72.51	-67.82	-85.92
EBT Excluding Unusual Items	9,146	9,676	12,842	13,117	10,860	8,850
Gain (Loss) on Sale of Investments	1.49	0.49	109.33	69.56	-26.44	9.88
Gain (Loss) on Sale of Assets	4.71	10.72	4.24	2.46	6.16	4.07
Asset Writedown	5.6	-16.47	-1.75	-274.92	-0.74	-7.47
Legal Settlements	-21.38	-21.38	-14.25	-12.65	-3.3	-5.7
Other Unusual Items	24.94	24.94	80.25	109.68	117.5	166.78
Pretax Income	9,161	9,674	13,020	13,011	10,954	9,017
Income Tax Expense	975.63	1,222	1,280	1,433	1,343	1,013
Earnings From Continuing Operations	8,185	8,451	11,740	11,578	9,611	8,004
Minority Interest in Earnings	-348.61	-315.7	-71.48	3.81	-3.54	-2.49
Net Income	7,837	8,136	11,668	11,582	9,607	8,002
Net Income to Common	7,837	8,136	11,668	11,582	9,607	8,002
Net Income Growth	-29.63%	-30.28%	0.74%	20.56%	20.07%	20.18%
Shares Outstanding (Basic)	1,212	1,212	1,211	1,212	1,210	1,215
Shares Outstanding (Diluted)	1,212	1,212	1,211	1,212	1,210	1,215
Shares Change (YoY)	0.03%	0.03%	-0.04%	0.11%	-0.36%	-0.07%
EPS (Basic)	6.47	6.71	9.64	9.56	7.94	6.59
EPS (Diluted)	6.47	6.71	9.63	9.56	7.94	6.59
EPS Growth	-29.66%	-30.30%	0.79%	20.42%	20.50%	20.28%
Free Cash Flow	7,890	8,107	10,473	8,373	10,226	7,596
Free Cash Flow Per Share	6.51	6.69	8.65	6.91	8.45	6.25
Dividend Per Share	4.220	4.380	6.270	5.800	4.500	3.500
Dividend Growth	-45.05%	-30.14%	8.10%	28.89%	28.57%	40.00%
Gross Margin	59.20%	59.36%	62.51%	63.45%	63.92%	64.52%
Operating Margin	27.69%	27.94%	33.69%	35.10%	34.28%	34.68%
Profit Margin	23.47%	24.45%	31.77%	33.16%	31.64%	31.66%
Free Cash Flow Margin	23.63%	24.36%	28.52%	23.97%	33.67%	30.06%
EBITDA	10,854	10,852	13,712	13,158	11,188	9,380
EBITDA Margin	32.50%	32.61%	37.34%	37.67%	36.84%	37.12%
D&A For EBITDA	1,607	1,553	1,339	896.04	779.11	616.47
EBIT	9,247	9,299	12,373	12,261	10,409	8,764
EBIT Margin	27.69%	27.94%	33.69%	35.10%	34.28%	34.68%
Effective Tax Rate	10.65%	12.64%	9.83%	11.01%	12.26%	11.24%
Revenue as Reported	33,397	33,282	36,726	34,932	30,366	25,270
Advertising Expenses	-	303.72	332.39	359.41	288.69	223.68

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