Shanghai International Port (Group) Co., Ltd. (SHA:600018)

SHA:600018 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	36,698	36,986	36,423	36,195	33,282	25,198
Other Revenue	1,151	1,131	1,128	1,085	1,006	921.85
Revenue	37,849	38,117	37,552	37,280	34,289	26,119
Revenue Growth (YoY)	-8.31%	1.51%	0.73%	8.72%	31.28%	-27.65%
Cost of Revenue	24,669	24,629	23,563	24,178	20,369	16,688
Gross Profit	13,180	13,488	13,989	13,102	13,920	9,432
Selling, General & Admin	3,286	3,338	3,137	3,217	4,293	3,428
Research & Development	170.18	173.32	205.77	191.06	143.45	82.34
Other Operating Expenses	666.17	744.15	891.43	996.72	811.34	426.53
Operating Expenses	4,150	4,285	4,213	4,428	5,252	3,944
Operating Income	9,030	9,202	9,776	8,674	8,667	5,487
Interest Expense	-1,153	-1,205	-1,123	-1,040	-1,025	-1,108
Interest & Investment Income	9,254	8,784	7,664	12,508	10,349	5,637
Currency Exchange Gain (Loss)	94.26	27.11	-60.49	-69.38	-120.46	-31.27
Other Non Operating Income (Expenses)	-3.74	-6.77	-20.79	-29.78	-50.3	-35.51
EBT Excluding Unusual Items	17,222	16,802	16,235	20,043	17,820	9,949
Merger & Restructuring Charges	-	-	-	-	-	-11.13
Gain (Loss) on Sale of Investments	-111.32	216.29	139.97	258.5	107.48	160.62
Gain (Loss) on Sale of Assets	62.55	502.67	-6.55	53.34	-94.35	7.91
Asset Writedown	-	-	-733.62	-302	-643.65	-66.28
Other Unusual Items	1,386	1,195	611.63	71.66	771.85	534.16
Pretax Income	18,559	18,716	16,247	20,124	17,961	10,574
Income Tax Expense	2,777	2,652	2,239	2,214	2,481	1,391
Earnings From Continuing Operations	15,781	16,064	14,008	17,910	15,481	9,183
Minority Interest in Earnings	-1,203	-1,109	-804.65	-686.2	-	-876.26
Net Income	14,578	14,954	13,203	17,224	15,481	8,307
Net Income to Common	14,578	14,954	13,203	17,224	15,481	8,307
Net Income Growth	2.01%	13.26%	-23.34%	11.26%	86.35%	-8.33%
Shares Outstanding (Basic)	23,231	23,221	23,200	23,203	24,433	23,172
Shares Outstanding (Diluted)	23,249	23,235	23,212	23,203	24,433	23,172
Shares Change (YoY)	0.17%	0.10%	0.04%	-5.03%	5.44%	0.00%
EPS (Basic)	0.63	0.64	0.57	0.74	0.63	0.36
EPS (Diluted)	0.63	0.64	0.57	0.74	0.63	0.36
EPS Growth	1.84%	13.15%	-23.37%	17.16%	76.74%	-8.33%
Free Cash Flow	4,561	2,972	5,412	8,048	9,189	7,059
Free Cash Flow Per Share	0.20	0.13	0.23	0.35	0.38	0.30
Dividend Per Share	0.195	0.195	0.172	0.140	0.190	0.128
Dividend Growth	-12.16%	13.37%	22.86%	-26.30%	48.41%	-11.72%
Gross Margin	34.82%	35.38%	37.25%	35.14%	40.60%	36.11%
Operating Margin	23.86%	24.14%	26.03%	23.27%	25.28%	21.01%
Profit Margin	38.52%	39.23%	35.16%	46.20%	45.15%	31.80%
Free Cash Flow Margin	12.05%	7.80%	14.41%	21.59%	26.80%	27.03%
EBITDA	12,631	12,779	13,262	11,961	11,962	8,912
EBITDA Margin	33.37%	33.53%	35.32%	32.08%	34.89%	34.12%
D&A For EBITDA	3,601	3,577	3,486	3,287	3,295	3,425
EBIT	9,030	9,202	9,776	8,674	8,667	5,487
EBIT Margin	23.86%	24.14%	26.03%	23.27%	25.28%	21.01%
Effective Tax Rate	14.96%	14.17%	13.78%	11.00%	13.81%	13.15%
Revenue as Reported	37,849	38,117	37,552	37,280	34,289	26,119
Advertising Expenses	-	33.62	38.01	42.94	42.59	95

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.