Anhui Expressway Company Limited (HKG:0995)

Anhui Expressway Company Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	7,414	7,019	6,569	5,137	3,876	2,761
Other Revenue	70.65	72.93	62.25	68.89	44.71	172.91
Revenue	7,484	7,092	6,631	5,206	3,921	2,934
Revenue Growth (YoY)	-2.24%	6.94%	27.37%	32.78%	33.65%	-0.43%
Cost of Revenue	4,979	4,645	4,008	2,954	1,568	1,526
Gross Profit	2,505	2,447	2,623	2,252	2,352	1,407
Selling, General & Admin	194.37	187.56	182.54	164.25	136.79	111.98
Other Operating Expenses	39.99	31.86	25.89	30.17	27.93	21.14
Operating Expenses	237.14	219.24	208.82	195.47	175.53	136.57
Operating Income	2,268	2,228	2,414	2,057	2,177	1,271
Interest Expense	-215.11	-174.64	-213.97	-226.52	-254.81	-250.58
Interest & Investment Income	163.44	183.41	167.94	118.41	152.18	57.89
Currency Exchange Gain (Loss)	-5.84	-3.86	-0.92	2.05	-0.26	1.21
Other Non Operating Income (Expenses)	-0.54	-0.12	-0.12	-0.11	2.36	-5.06
EBT Excluding Unusual Items	2,210	2,232	2,367	1,951	2,076	1,074
Gain (Loss) on Sale of Investments	25.72	-31.84	-108.76	0.61	42.72	105.43
Gain (Loss) on Sale of Assets	6.49	7.35	-6.67	8.43	-8.71	-2.25
Asset Writedown	-	-	-	-	-	-0.43
Other Unusual Items	23.59	16.86	15.23	17.15	8.67	6.41
Pretax Income	2,266	2,225	2,267	1,977	2,119	1,183
Income Tax Expense	544.45	533.8	588.39	562.93	573.81	366.69
Earnings From Continuing Operations	1,721	1,691	1,678	1,414	1,545	816.73
Minority Interest in Earnings	-15.32	-21.91	-18.44	31.01	-31.15	52.53
Net Income	1,706	1,669	1,660	1,445	1,514	869.26
Net Income to Common	1,706	1,669	1,660	1,445	1,514	869.26
Net Income Growth	-2.18%	0.55%	14.87%	-4.57%	74.19%	-20.80%
Shares Outstanding (Basic)	1,662	1,659	1,659	1,659	1,659	1,659
Shares Outstanding (Diluted)	1,662	1,659	1,659	1,659	1,659	1,659
Shares Change (YoY)	0.18%	-	-	-	-	-0.00%
EPS (Basic)	1.03	1.01	1.00	0.87	0.91	0.52
EPS (Diluted)	1.03	1.01	1.00	0.87	0.91	0.52
EPS Growth	-2.35%	0.55%	14.88%	-4.57%	74.19%	-20.80%
Free Cash Flow	-915.51	280.46	536.98	621.72	1,675	1,142
Free Cash Flow Per Share	-0.55	0.17	0.32	0.38	1.01	0.69
Dividend Per Share	0.604	0.604	0.601	0.550	0.550	0.230
Dividend Growth	0.50%	0.50%	9.27%	-	139.13%	-
Gross Margin	33.47%	34.50%	39.55%	43.26%	60.00%	47.97%
Operating Margin	30.30%	31.41%	36.40%	39.51%	55.52%	43.32%
Profit Margin	22.79%	23.53%	25.03%	27.76%	38.62%	29.63%
Free Cash Flow Margin	-12.23%	3.96%	8.10%	11.94%	42.71%	38.92%
EBITDA	3,278	3,101	3,336	2,999	3,103	2,211
EBITDA Margin	43.79%	43.73%	50.30%	57.61%	79.14%	75.36%
D&A For EBITDA	1,010	873.54	921.56	942.42	926.26	940.12
EBIT	2,268	2,228	2,414	2,057	2,177	1,271
EBIT Margin	30.30%	31.41%	36.40%	39.51%	55.52%	43.32%
Effective Tax Rate	24.03%	23.99%	25.96%	28.48%	27.08%	30.99%
Revenue as Reported	7,484	7,092	6,631	5,206	3,921	2,934

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