FRA:6WX Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	26,724	31,370	29,631	39,862	39,872	28,667
Revenue Growth (YoY)	-5.73%	5.87%	-25.67%	-0.03%	39.09%	4.09%
Operations & Maintenance	1,194	1,194	1,058	1,011	1,044	924.22
Selling, General & Admin	797	810.18	712.02	765.59	793.51	606.91
Depreciation & Amortization	11,559	11,559	10,620	10,260	9,015	7,735
Provision for Bad Debts	9.7	-	-	-7.77	-	-
Other Operating Expenses	254.6	4,094	3,433	13,889	14,409	8,809
Total Operating Expenses	13,788	17,658	15,824	25,918	25,261	18,075
Operating Income	12,936	13,712	13,807	13,944	14,611	10,593
Interest Expense	-3,309	-3,429	-3,418	-3,503	-3,435	-2,974
Interest Income	-464.26	119.08	238.8	195.12	166.71	200.6
Net Interest Expense	-3,774	-3,310	-3,180	-3,308	-3,268	-2,774
Income (Loss) on Equity Investments	165.14	165.14	4.5	-419.37	-576.86	-51.08
Currency Exchange Gain (Loss)	-65.22	-65.22	-173.2	-422.18	-52.39	33.35
Other Non-Operating Income (Expenses)	-164.02	-36.44	-53.72	37.97	-546.72	-266.2
EBT Excluding Unusual Items	9,098	10,466	10,405	9,833	10,167	7,535
Gain (Loss) on Sale of Investments	-1,080	-1,094	-2,281	-108.09	95.21	-77
Gain (Loss) on Sale of Assets	-44.05	-36.57	-6.33	1.73	5.3	405.45
Asset Writedown	1.28	-	-	-2,045	-256.23	-941.92
Other Unusual Items	22.57	22.57	-	2.21	8.8	-
Pretax Income	7,999	9,358	8,118	7,684	10,020	6,922
Income Tax Expense	1,451	1,673	1,408	1,556	1,599	1,236
Earnings From Continuing Ops.	6,547	7,686	6,710	6,128	8,421	5,685
Earnings From Discontinued Ops.	682.42	682.42	253.69	-	-	-
Net Income to Company	7,230	8,368	6,964	6,128	8,421	5,685
Minority Interest in Earnings	-1,974	-1,943	-553.52	-997.41	-988.29	-660.52
Net Income	5,256	6,425	6,411	5,131	7,433	5,025
Preferred Dividends & Other Adjustments	45.82	45.82	154.9	228.35	254.42	298.61
Net Income to Common	5,210	6,379	6,256	4,902	7,178	4,726
Net Income Growth	-10.12%	0.22%	24.95%	-30.97%	47.91%	10.03%
Shares Outstanding (Basic)	8,307	8,360	8,381	8,363	8,036	8,036
Shares Outstanding (Diluted)	8,307	8,360	8,381	8,363	8,036	8,036
Shares Change (YoY)	0.41%	-0.25%	0.22%	4.06%	-	-
EPS (Basic)	0.63	0.76	0.75	0.59	0.89	0.59
EPS (Diluted)	0.63	0.76	0.75	0.59	0.89	0.59
EPS Growth	-8.85%	2.22%	27.33%	-34.37%	51.88%	9.29%
Free Cash Flow	-5,848	-9,802	-9,497	7,098	-106.97	-7,942
Free Cash Flow Per Share	-0.70	-1.17	-1.13	0.85	-0.01	-0.99
Dividend Per Share	0.328	0.228	0.223	0.117	0.147	0.118
Dividend Growth	47.33%	2.38%	90.01%	-20.34%	25.00%	9.29%
Profit Margin	19.50%	20.33%	21.11%	12.30%	18.00%	16.49%
Free Cash Flow Margin	-21.88%	-31.25%	-32.05%	17.81%	-0.27%	-27.70%
EBITDA	24,777	25,028	24,423	24,053	23,480	18,175
EBITDA Margin	92.72%	79.78%	82.42%	60.34%	58.89%	63.40%
D&A For EBITDA	11,841	11,316	10,616	10,109	8,869	7,583
EBIT	12,936	13,712	13,807	13,944	14,611	10,593
EBIT Margin	48.41%	43.71%	46.60%	34.98%	36.65%	36.95%
Effective Tax Rate	18.15%	17.88%	17.34%	20.24%	15.96%	17.86%

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