Jiangxi Ganyue Expressway CO.,LTD. (SHA:600269)

SHA:600269 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	5,787	5,924	7,455	6,728	6,392	5,021
Other Revenue	59.36	60.85	37.43	30	37.55	44.74
Revenue	5,846	5,985	7,492	6,758	6,430	5,066
Revenue Growth (YoY)	-19.27%	-20.12%	10.86%	5.12%	26.92%	0.53%
Cost of Revenue	3,603	3,624	5,170	4,618	3,909	3,609
Gross Profit	2,243	2,361	2,322	2,140	2,521	1,457
Selling, General & Admin	375.38	377.92	382.47	362.71	393.5	337.58
Research & Development	77.88	71.15	62.4	73.36	60.66	68.51
Other Operating Expenses	44.95	34.32	43.42	13.91	11.13	10.9
Operating Expenses	492.13	467.31	476.14	456.64	487.97	423.97
Operating Income	1,751	1,894	1,846	1,684	2,033	1,033
Interest Expense	-260.8	-343.87	-416.1	-503.78	-551.08	-585.61
Interest & Investment Income	100.35	104.49	146.27	129.83	76.63	86.12
Other Non Operating Income (Expenses)	-13.1	2.14	-5.52	-75.91	-8.71	-50.22
EBT Excluding Unusual Items	1,577	1,656	1,571	1,234	1,550	482.83
Gain (Loss) on Sale of Investments	528.14	302.04	190.48	-142.92	-338.77	69.5
Gain (Loss) on Sale of Assets	-125.49	-126.81	-102.09	0.74	0.36	2.2
Asset Writedown	-0	-0	-	-12.35	-8.76	-11.39
Other Unusual Items	34.72	21.96	23.44	4.71	168.33	262.48
Pretax Income	2,015	1,854	1,682	1,084	1,371	805.62
Income Tax Expense	545.28	521.44	466.04	334.15	374.96	260.87
Earnings From Continuing Operations	1,469	1,332	1,216	749.9	996.06	544.74
Minority Interest in Earnings	-53.37	-53.02	-39.02	-53.92	-103.95	-18.02
Net Income	1,416	1,279	1,177	695.97	892.11	526.72
Net Income to Common	1,416	1,279	1,177	695.97	892.11	526.72
Net Income Growth	32.03%	8.65%	69.16%	-21.99%	69.37%	-52.67%
Shares Outstanding (Basic)	2,322	2,326	2,355	2,320	2,348	2,290
Shares Outstanding (Diluted)	2,322	2,326	2,355	2,320	2,348	2,290
Shares Change (YoY)	-0.58%	-1.22%	1.50%	-1.18%	2.51%	-1.23%
EPS (Basic)	0.61	0.55	0.50	0.30	0.38	0.23
EPS (Diluted)	0.61	0.55	0.50	0.30	0.38	0.23
EPS Growth	32.80%	10.00%	66.67%	-21.05%	65.22%	-52.08%
Free Cash Flow	653.49	173.58	162.67	1,524	2,846	1,565
Free Cash Flow Per Share	0.28	0.07	0.07	0.66	1.21	0.68
Dividend Per Share	0.170	0.170	0.160	0.100	0.120	0.200
Dividend Growth	6.25%	6.25%	60.00%	-16.67%	-40.00%	33.33%
Gross Margin	38.37%	39.45%	30.99%	31.67%	39.21%	28.75%
Operating Margin	29.95%	31.64%	24.64%	24.91%	31.62%	20.38%
Profit Margin	24.22%	21.37%	15.71%	10.30%	13.88%	10.40%
Free Cash Flow Margin	11.18%	2.90%	2.17%	22.55%	44.26%	30.90%
EBITDA	2,939	3,006	2,911	2,815	3,175	2,121
EBITDA Margin	50.28%	50.22%	38.85%	41.65%	49.39%	41.86%
D&A For EBITDA	1,188	1,112	1,065	1,131	1,142	1,088
EBIT	1,751	1,894	1,846	1,684	2,033	1,033
EBIT Margin	29.95%	31.64%	24.64%	24.91%	31.62%	20.38%
Effective Tax Rate	27.07%	28.13%	27.70%	30.82%	27.35%	32.38%
Revenue as Reported	5,846	5,985	7,492	6,758	6,430	5,066
Advertising Expenses	-	2.85	5.57	7.11	11.88	9.92

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