SHE:300999 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	250,915	244,463	237,642	251,000	256,970	225,557
Other Revenue	662.67	662.67	637.47	523.7	515.75	668.49
Revenue	251,578	245,126	238,279	251,524	257,485	226,225
Revenue Growth (YoY)	4.79%	2.87%	-5.27%	-2.31%	13.82%	16.06%
Cost of Revenue	235,606	229,565	225,929	239,496	242,996	208,184
Gross Profit	15,972	15,561	12,351	12,028	14,489	18,041
Selling, General & Admin	10,466	10,149	9,843	9,529	9,208	9,945
Research & Development	289.98	287.54	273.69	267.25	243.94	255.58
Other Operating Expenses	864.32	770.06	697.37	663.61	633.52	545.51
Operating Expenses	11,623	11,210	10,829	10,516	10,091	10,758
Operating Income	4,349	4,350	1,522	1,511	4,399	7,284
Interest Expense	-1,511	-1,656	-2,187	-2,462	-2,371	-1,905
Interest & Investment Income	2,059	1,995	4,109	3,785	2,183	1,800
Currency Exchange Gain (Loss)	-53.28	-53.28	110.37	161.19	-195.53	67.94
Other Non Operating Income (Expenses)	47.74	10.82	-179.02	-325.77	-311.75	-319.52
EBT Excluding Unusual Items	4,892	4,647	3,375	2,670	3,703	6,927
Gain (Loss) on Sale of Investments	463.19	350.32	22.1	438.32	-261.31	-842.57
Gain (Loss) on Sale of Assets	-3.87	-12.59	-5.02	-13.89	153.41	96.58
Asset Writedown	22.12	-102.18	-108.45	-104.7	-110.96	-338.65
Other Unusual Items	82.57	5.89	372.79	426.22	381.33	334.47
Pretax Income	5,456	4,889	3,656	3,416	3,866	6,177
Income Tax Expense	1,591	1,509	1,188	630.6	740.67	1,689
Earnings From Continuing Operations	3,865	3,379	2,469	2,785	3,125	4,489
Minority Interest in Earnings	-211.85	-226.57	33.46	62.72	-113.94	-357.09
Net Income	3,653	3,153	2,502	2,848	3,011	4,132
Net Income to Common	3,653	3,153	2,502	2,848	3,011	4,132
Net Income Growth	40.45%	26.01%	-12.14%	-5.43%	-27.12%	-31.15%
Shares Outstanding (Basic)	5,445	5,436	5,439	5,373	5,377	5,436
Shares Outstanding (Diluted)	5,445	5,436	5,439	5,373	5,377	5,436
Shares Change (YoY)	0.39%	-0.06%	1.23%	-0.07%	-1.09%	9.62%
EPS (Basic)	0.67	0.58	0.46	0.53	0.56	0.76
EPS (Diluted)	0.67	0.58	0.46	0.53	0.56	0.76
EPS Growth	39.90%	26.09%	-13.21%	-5.36%	-26.32%	-37.19%
Free Cash Flow	4,848	10,656	-1,042	4,222	-10,636	-8,926
Free Cash Flow Per Share	0.89	1.96	-0.19	0.79	-1.98	-1.64
Dividend Per Share	0.230	0.230	0.111	0.111	0.077	0.077
Dividend Growth	107.21%	107.21%	-	44.16%	-	-30.63%
Gross Margin	6.35%	6.35%	5.18%	4.78%	5.63%	7.98%
Operating Margin	1.73%	1.77%	0.64%	0.60%	1.71%	3.22%
Profit Margin	1.45%	1.29%	1.05%	1.13%	1.17%	1.83%
Free Cash Flow Margin	1.93%	4.35%	-0.44%	1.68%	-4.13%	-3.95%
EBITDA	8,544	8,462	5,297	4,939	7,532	10,106
EBITDA Margin	3.40%	3.45%	2.22%	1.96%	2.93%	4.47%
D&A For EBITDA	4,195	4,111	3,776	3,428	3,133	2,823
EBIT	4,349	4,350	1,522	1,511	4,399	7,284
EBIT Margin	1.73%	1.77%	0.64%	0.60%	1.71%	3.22%
Effective Tax Rate	29.17%	30.87%	32.48%	18.46%	19.16%	27.33%
Revenue as Reported	251,578	245,126	238,279	251,524	257,485	226,225
Advertising Expenses	-	1,996	1,950	1,789	1,872	2,571

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