HKG:1798 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	12,577	12,576	12,802	12,499	11,868
Revenue Growth (YoY)	0.01%	-1.77%	2.43%	5.32%	26.63%
Operations & Maintenance	369.82	326.08	246.95	326.28	517.93
Selling, General & Admin	-	37.97	27.04	24.88	50.34
Depreciation & Amortization	6,044	5,588	5,296	4,999	4,450
Other Operating Expenses	2,179	1,903	1,886	1,214	1,671
Total Operating Expenses	8,593	7,855	7,455	6,564	6,689
Operating Income	3,984	4,721	5,347	5,935	5,179
Interest Expense	-1,498	-1,610	-1,708	-1,909	-2,120
Interest Income	5.35	9.93	30.83	29.19	22.45
Net Interest Expense	-1,493	-1,600	-1,678	-1,879	-2,098
Income (Loss) on Equity Investments	13.07	18.81	8.62	47.14	-9.39
Currency Exchange Gain (Loss)	-	-	-	-24.46	4.8
Other Non-Operating Income (Expenses)	137.89	47.04	57.78	350.8	19.45
EBT Excluding Unusual Items	2,642	3,187	3,736	4,429	3,096
Gain (Loss) on Sale of Investments	2.37	2.32	-	5.66	-45.64
Gain (Loss) on Sale of Assets	-53.42	-16.87	4.22	-8.7	-51.07
Asset Writedown	-247.58	-54.1	-116.58	-82.68	-338.52
Other Unusual Items	-	-	-	-	7.5
Pretax Income	2,344	3,118	3,623	4,344	2,668
Income Tax Expense	529.85	500.35	529.65	452.47	376.48
Earnings From Continuing Ops.	1,814	2,618	3,094	3,891	2,292
Minority Interest in Earnings	-210.87	-239.57	-340.47	-406.06	-260.11
Net Income	1,603	2,378	2,753	3,485	2,032
Preferred Dividends & Other Adjustments	391.07	453.49	513.59	556.27	520.61
Net Income to Common	1,212	1,924	2,240	2,929	1,511
Net Income Growth	-32.59%	-13.63%	-21.00%	71.55%	71.18%
Shares Outstanding (Basic)	7,274	7,274	7,274	7,274	7,274
Shares Outstanding (Diluted)	7,274	7,274	7,274	7,274	7,274
EPS (Basic)	0.17	0.26	0.31	0.40	0.21
EPS (Diluted)	0.17	0.26	0.31	0.40	0.21
EPS Growth	-37.03%	-14.07%	-23.53%	93.84%	62.94%
Free Cash Flow	-	-7,391	624.61	6,257	-2,210
Free Cash Flow Per Share	-	-1.02	0.09	0.86	-0.30
Dividend Per Share	0.060	0.090	0.070	0.050	0.030
Dividend Growth	-33.33%	28.57%	40.00%	66.67%	-
Profit Margin	9.63%	15.30%	17.49%	23.43%	12.73%
Free Cash Flow Margin	-	-58.77%	4.88%	50.06%	-18.62%
EBITDA	9,358	10,094	10,474	10,723	9,454
EBITDA Margin	74.40%	80.26%	81.82%	85.79%	79.66%
D&A For EBITDA	5,373	5,373	5,127	4,787	4,275
EBIT	3,984	4,721	5,347	5,935	5,179
EBIT Margin	31.68%	37.54%	41.77%	47.49%	43.64%
Effective Tax Rate	22.61%	16.05%	14.62%	10.42%	14.11%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.