SHA:600236 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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	11,075	10,356	9,545	8,048	10,567	8,528
Other Revenue	37.06	37.06	52.91	42.84	57.66	62.01
Revenue	11,112	10,393	9,598	8,091	10,625	8,590
Revenue Growth (YoY)	18.05%	8.28%	18.63%	-23.85%	23.69%	-4.28%
Selling, General & Admin	395.24	371.75	361.79	353.94	330.86	331.94
Provision for Bad Debts	0.62	0.62	6.48	-3.85	0.37	16.71
Other Operating Expenses	5,384	5,166	5,432	5,762	5,437	5,384
Total Operating Expenses	5,784	5,542	5,805	6,115	5,768	5,738
Operating Income	5,328	4,851	3,794	1,976	4,856	2,852
Interest Expense	-506.3	-506.3	-539.22	-577.38	-727.34	-866.02
Interest Income	131.49	131.49	139.6	152.66	131.84	96.18
Net Interest Expense	-374.81	-374.81	-399.62	-424.72	-595.5	-769.84
Other Non-Operating Income (Expenses)	1.42	-8.24	-22.71	15.24	-32.38	-21.47
EBT Excluding Unusual Items	4,928	4,468	3,371	1,566	4,229	2,060
Gain (Loss) on Sale of Assets	-34.08	-34.08	-209.46	-10.78	-53.96	-27.27
Asset Writedown	-23.61	-23.61	-82.29	-	-17.05	-
Insurance Settlements	-	-	-	-	1.3	-
Other Unusual Items	15.19	15.19	8.58	24.51	46.53	24.35
Pretax Income	4,885	4,426	3,088	1,580	4,205	2,057
Income Tax Expense	803.65	713.12	452.31	179.4	562.07	301.99
Earnings From Continuing Ops.	4,082	3,713	2,636	1,400	3,643	1,755
Minority Interest in Earnings	-486.29	-433.04	-352.48	-174.49	-434.17	-246.68
Net Income	3,595	3,280	2,283	1,226	3,209	1,509
Net Income to Common	3,595	3,280	2,283	1,226	3,209	1,509
Net Income Growth	50.01%	43.63%	86.26%	-61.80%	112.70%	-31.31%
Shares Outstanding (Basic)	7,994	8,023	8,227	8,467	8,023	8,285
Shares Outstanding (Diluted)	7,994	8,023	8,227	8,467	8,023	8,285
Shares Change (YoY)	-2.31%	-2.49%	-2.82%	5.53%	-3.17%	4.97%
EPS (Basic)	0.45	0.41	0.28	0.14	0.40	0.18
EPS (Diluted)	0.45	0.41	0.28	0.14	0.40	0.18
EPS Growth	53.55%	47.29%	91.67%	-63.80%	119.66%	-34.57%
Free Cash Flow	3,843	2,897	1,620	385.23	2,841	2,651
Free Cash Flow Per Share	0.48	0.36	0.20	0.05	0.35	0.32
Dividend Per Share	0.293	0.293	0.205	0.200	0.200	0.150
Dividend Growth	42.93%	42.93%	2.50%	-	33.33%	-21.05%
Profit Margin	32.36%	31.56%	23.79%	15.15%	30.20%	17.57%
Free Cash Flow Margin	34.58%	27.87%	16.88%	4.76%	26.74%	30.86%
EBITDA	7,528	7,061	6,043	4,122	6,937	4,890
EBITDA Margin	67.74%	67.94%	62.96%	50.95%	65.29%	56.93%
D&A For EBITDA	2,200	2,209	2,249	2,146	2,080	2,038
EBIT	5,328	4,851	3,794	1,976	4,856	2,852
EBIT Margin	47.95%	46.68%	39.52%	24.42%	45.71%	33.20%
Effective Tax Rate	16.45%	16.11%	14.65%	11.36%	13.36%	14.68%
Revenue as Reported	10,393	10,393	9,598	8,091	10,625	8,590

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