SHE:301058 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	3,141	3,044	2,628	2,390	2,675	2,145
Other Revenue	18.1	18.1	23.95	24.75	22.81	24.7
Revenue	3,159	3,063	2,652	2,414	2,698	2,170
Revenue Growth (YoY)	14.16%	15.48%	9.84%	-10.51%	24.36%	6.30%
Cost of Revenue	2,451	2,361	1,977	1,823	2,143	1,708
Gross Profit	708.87	701.07	674.72	591.39	555.03	461.65
Selling, General & Admin	195.6	198.04	185.77	173.75	185.33	157.73
Research & Development	192.9	182.72	134.42	134.05	114.13	81.42
Other Operating Expenses	17.83	17.4	20.24	15.98	16.61	14.82
Operating Expenses	458.94	451.02	453.31	366.63	375.58	292.17
Operating Income	249.93	250.05	221.41	224.76	179.45	169.47
Interest Expense	-3.39	-2.93	-3.13	-4.08	-4.02	-0.27
Interest & Investment Income	23.39	23.64	22.8	19.63	22.23	16.36
Currency Exchange Gain (Loss)	0.25	0.25	0.38	1.29	1.58	-0.85
Other Non Operating Income (Expenses)	-4.74	-3.73	2.81	2.25	-4.89	-3.34
EBT Excluding Unusual Items	265.45	267.29	244.26	243.84	194.36	181.37
Impairment of Goodwill	-	-	-	-0.03	-	-
Gain (Loss) on Sale of Investments	0.99	1.13	1.19	1.26	2.15	0.08
Gain (Loss) on Sale of Assets	0.15	-0.02	0.01	-0.17	0.2	0
Asset Writedown	4.44	-0.01	-0.07	-0.45	-0.03	-0.15
Legal Settlements	-8.33	-8.33	-7.64	-7.33	-4.43	-3.63
Other Unusual Items	17.56	17.56	16.16	16.65	13	13.95
Pretax Income	280.26	277.61	253.92	253.77	205.25	191.61
Income Tax Expense	39.13	37.47	20.83	29.47	26.91	26.63
Earnings From Continuing Operations	241.12	240.14	233.09	224.3	178.34	164.99
Minority Interest in Earnings	-7.84	-7.05	0.58	-6.61	-9.63	-3.5
Net Income	233.28	233.09	233.67	217.69	168.71	161.49
Net Income to Common	233.28	233.09	233.67	217.69	168.71	161.49
Net Income Growth	-1.27%	-0.25%	7.34%	29.03%	4.47%	25.12%
Shares Outstanding (Basic)	507	507	508	518	511	436
Shares Outstanding (Diluted)	507	507	508	518	511	436
Shares Change (YoY)	-1.91%	-0.25%	-1.99%	1.38%	17.14%	4.83%
EPS (Basic)	0.46	0.46	0.46	0.42	0.33	0.37
EPS (Diluted)	0.46	0.46	0.46	0.42	0.33	0.37
EPS Growth	0.66%	-	9.52%	27.27%	-10.81%	19.36%
Free Cash Flow	135.12	98.22	497.5	412.09	83.79	205.78
Free Cash Flow Per Share	0.27	0.19	0.98	0.80	0.16	0.47
Dividend Per Share	0.150	0.150	0.150	0.150	0.200	0.150
Dividend Growth	-	-	-	-25.00%	33.33%	-
Gross Margin	22.44%	22.89%	25.44%	24.49%	20.57%	21.28%
Operating Margin	7.91%	8.16%	8.35%	9.31%	6.65%	7.81%
Profit Margin	7.38%	7.61%	8.81%	9.02%	6.25%	7.44%
Free Cash Flow Margin	4.28%	3.21%	18.76%	17.07%	3.11%	9.49%
EBITDA	288.44	289.18	263.02	267.9	222.28	207.08
EBITDA Margin	9.13%	9.44%	9.92%	11.09%	8.24%	9.54%
D&A For EBITDA	38.51	39.13	41.62	43.13	42.82	37.61
EBIT	249.93	250.05	221.41	224.76	179.45	169.47
EBIT Margin	7.91%	8.16%	8.35%	9.31%	6.65%	7.81%
Effective Tax Rate	13.96%	13.50%	8.20%	11.61%	13.11%	13.89%
Revenue as Reported	3,159	3,063	2,652	2,414	2,698	2,170
Advertising Expenses	-	2.76	1.31	0.88	1.2	0.8

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