SHA:600101 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
Operating Revenue	3,018	2,832	2,658	2,366	1,914
Other Revenue	-	10.45	7.95	10.83	14.52
Revenue	3,018	2,842	2,666	2,377	1,928
Revenue Growth (YoY)	6.19%	6.60%	12.16%	23.29%	15.57%
Operations & Maintenance	-	1.07	1.28	1.15	1.3
Selling, General & Admin	-	97.23	96.06	80.55	84.44
Provision for Bad Debts	-	15.94	10.61	1.68	2.39
Other Operating Expenses	2,790	2,551	2,392	2,126	1,734
Total Operating Expenses	2,790	2,673	2,503	2,209	1,823
Operating Income	228.87	168.97	163.67	167.63	105.28
Interest Expense	-	-3.33	-3.34	-3.63	-2.04
Interest Income	-	44.7	34.5	44.08	44.12
Net Interest Expense	-	41.38	31.16	40.45	42.08
Other Non-Operating Income (Expenses)	-4.48	2.55	22.4	-26.65	-0.48
EBT Excluding Unusual Items	224.39	212.89	217.23	181.42	146.88
Gain (Loss) on Sale of Assets	-	-1.48	-2.57	-2.58	-3.29
Asset Writedown	-	-0.92	-4.65	-	-
Other Unusual Items	-	9.84	5.58	6.25	7.76
Pretax Income	224.39	220.33	215.6	185.09	151.35
Income Tax Expense	40.5	11.02	36.26	26.92	27.24
Earnings From Continuing Ops.	183.89	209.32	179.34	158.17	124.11
Minority Interest in Earnings	-	-	-	1.01	-0.84
Net Income	183.89	209.32	179.34	159.18	123.28
Net Income to Common	183.89	209.32	179.34	159.18	123.28
Net Income Growth	-12.15%	16.72%	12.66%	29.13%	76.06%
Shares Outstanding (Basic)	548	548	548	548	548
Shares Outstanding (Diluted)	548	548	548	548	548
Shares Change (YoY)	0.02%	-0.02%	-0.00%	0.01%	0.00%
EPS (Basic)	0.34	0.38	0.33	0.29	0.23
EPS (Diluted)	0.34	0.38	0.33	0.29	0.23
EPS Growth	-12.17%	16.74%	12.67%	29.11%	76.06%
Free Cash Flow	-	52.12	4.74	-6.1	0.49
Free Cash Flow Per Share	-	0.10	0.01	-0.01	0.00
Dividend Per Share	-	0.120	0.077	0.061	0.061
Dividend Growth	-	56.05%	25.04%	-	59.74%
Profit Margin	6.09%	7.36%	6.73%	6.70%	6.39%
Free Cash Flow Margin	-	1.83%	0.18%	-0.26%	0.03%
EBITDA	401.01	341.11	326.48	315.72	268.65
EBITDA Margin	13.29%	12.00%	12.25%	13.28%	13.93%
D&A For EBITDA	172.14	172.14	162.81	148.1	163.37
EBIT	228.87	168.97	163.67	167.63	105.28
EBIT Margin	7.58%	5.95%	6.14%	7.05%	5.46%
Effective Tax Rate	18.05%	5.00%	16.82%	14.54%	18.00%
Revenue as Reported	-	2,842	2,666	2,377	1,928

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