SHE:300957 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	5,501	5,332	5,707	5,707	4,998	4,008
Other Revenue	26.48	26.48	29.11	20.55	16.12	14.63
Revenue	5,528	5,359	5,736	5,727	5,014	4,022
Revenue Growth (YoY)	-1.07%	-6.58%	0.15%	14.23%	24.65%	52.57%
Cost of Revenue	1,488	1,404	1,565	1,462	1,262	977.08
Gross Profit	4,040	3,955	4,170	4,266	3,752	3,045
Selling, General & Admin	3,220	3,171	3,379	3,023	2,391	1,926
Research & Development	214.28	237.38	295.17	298.82	254.7	113.22
Other Operating Expenses	81.12	73.46	63.06	47.45	54.71	52.12
Operating Expenses	3,509	3,479	3,750	3,382	2,700	2,097
Operating Income	530.86	475.48	420.76	883.6	1,052	948.45
Interest Expense	-19.34	-18.29	-17.59	-4.97	-4.75	-4.19
Interest & Investment Income	96.77	97.94	82.5	92.91	100.88	33.62
Currency Exchange Gain (Loss)	-2.1	-2.1	-1.23	-0.72	0.03	-0
Other Non Operating Income (Expenses)	4.31	-1.55	-17.25	-215.84	-1.72	-0.53
EBT Excluding Unusual Items	610.49	551.47	467.2	754.97	1,147	977.35
Impairment of Goodwill	-30.55	-30.55	-90.69	-	-	-
Gain (Loss) on Sale of Investments	31.69	42.57	177.55	-17.24	-5.52	10.8
Gain (Loss) on Sale of Assets	2.27	2.65	-4.15	0.69	-0.03	0.52
Asset Writedown	-17.13	-4	-25	-	-	-
Other Unusual Items	83.41	54.39	83.49	130.39	72.75	29.21
Pretax Income	680.18	616.54	608.4	868.82	1,214	1,018
Income Tax Expense	132.51	99.72	113.61	109.61	163.33	153.81
Earnings From Continuing Operations	547.67	516.83	494.79	759.21	1,051	864.06
Minority Interest in Earnings	-4.32	-11.11	8.26	-2.42	0.8	-1.14
Net Income	543.34	505.72	503.05	756.8	1,051	862.92
Net Income to Common	543.34	505.72	503.05	756.8	1,051	862.92
Net Income Growth	53.25%	0.53%	-33.53%	-28.02%	21.83%	58.77%
Shares Outstanding (Basic)	423	421	419	423	424	407
Shares Outstanding (Diluted)	423	421	419	423	424	407
Shares Change (YoY)	1.96%	0.53%	-0.85%	-0.27%	4.15%	13.09%
EPS (Basic)	1.28	1.20	1.20	1.79	2.48	2.12
EPS (Diluted)	1.28	1.20	1.20	1.79	2.48	2.12
EPS Growth	50.31%	-	-32.96%	-27.82%	16.98%	40.40%
Free Cash Flow	956.62	493.61	316.48	336.16	416.02	882.04
Free Cash Flow Per Share	2.26	1.17	0.76	0.80	0.98	2.17
Dividend Per Share	0.650	0.650	0.600	0.600	0.800	0.600
Dividend Growth	8.33%	8.33%	-0.08%	-24.94%	33.33%	33.33%
Gross Margin	73.08%	73.80%	72.71%	74.48%	74.83%	75.71%
Operating Margin	9.60%	8.87%	7.34%	15.43%	20.99%	23.58%
Profit Margin	9.83%	9.44%	8.77%	13.21%	20.97%	21.45%
Free Cash Flow Margin	17.30%	9.21%	5.52%	5.87%	8.30%	21.93%
EBITDA	638.93	585.1	536.65	954.32	1,110	968.11
EBITDA Margin	11.56%	10.92%	9.36%	16.66%	22.15%	24.07%
D&A For EBITDA	108.06	109.63	115.89	70.72	58.23	19.66
EBIT	530.86	475.48	420.76	883.6	1,052	948.45
EBIT Margin	9.60%	8.87%	7.34%	15.43%	20.99%	23.58%
Effective Tax Rate	19.48%	16.17%	18.67%	12.62%	13.46%	15.11%
Revenue as Reported	5,528	5,359	5,736	5,522	5,014	4,022
Advertising Expenses	-	-	-	-	1,534	1,249

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