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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	5,926	5,924	7,455	6,728	6,392	5,021
Other Revenue	60.85	60.85	37.43	30	37.55	44.74
Revenue	5,987	5,985	7,492	6,758	6,430	5,066
Revenue Growth (YoY)	-20.13%	-20.12%	10.86%	5.12%	26.92%	0.53%
Cost of Revenue	3,609	3,624	5,170	4,618	3,909	3,609
Gross Profit	2,377	2,361	2,322	2,140	2,521	1,457
Selling, General & Admin	375.21	377.92	382.47	362.71	393.5	337.58
Research & Development	73.81	71.15	62.4	73.36	60.66	68.51
Other Operating Expenses	35.38	34.32	43.42	13.91	11.13	10.9
Operating Expenses	468.37	467.31	476.14	456.64	487.97	423.97
Operating Income	1,909	1,894	1,846	1,684	2,033	1,033
Interest Expense	-303.14	-343.87	-416.1	-503.78	-551.08	-585.61
Interest & Investment Income	95.54	104.49	146.27	129.83	76.63	86.12
Other Non Operating Income (Expenses)	0.63	2.14	-5.52	-75.91	-8.71	-50.22
EBT Excluding Unusual Items	1,702	1,656	1,571	1,234	1,550	482.83
Gain (Loss) on Sale of Investments	314.15	302.04	190.48	-142.92	-338.77	69.5
Gain (Loss) on Sale of Assets	-126.83	-126.81	-102.09	0.74	0.36	2.2
Asset Writedown	-6.05	-0	-	-12.35	-8.76	-11.39
Other Unusual Items	21.96	21.96	23.44	4.71	168.33	262.48
Pretax Income	1,905	1,854	1,682	1,084	1,371	805.62
Income Tax Expense	525.83	521.44	466.04	334.15	374.96	260.87
Earnings From Continuing Operations	1,379	1,332	1,216	749.9	996.06	544.74
Minority Interest in Earnings	-62.99	-53.02	-39.02	-53.92	-103.95	-18.02
Net Income	1,316	1,279	1,177	695.97	892.11	526.72
Net Income to Common	1,316	1,279	1,177	695.97	892.11	526.72
Net Income Growth	14.98%	8.65%	69.16%	-21.99%	69.37%	-52.67%
Shares Outstanding (Basic)	2,346	2,326	2,355	2,320	2,348	2,290
Shares Outstanding (Diluted)	2,346	2,326	2,355	2,320	2,348	2,290
Shares Change (YoY)	0.17%	-1.22%	1.50%	-1.18%	2.51%	-1.23%
EPS (Basic)	0.56	0.55	0.50	0.30	0.38	0.23
EPS (Diluted)	0.56	0.55	0.50	0.30	0.38	0.23
EPS Growth	14.78%	10.00%	66.67%	-21.05%	65.22%	-52.08%
Free Cash Flow	445.38	173.58	162.67	1,524	2,846	1,565
Free Cash Flow Per Share	0.19	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	39.71%	39.45%	30.99%	31.67%	39.21%	28.75%
Operating Margin	31.89%	31.64%	24.64%	24.91%	31.62%	20.38%
Profit Margin	21.99%	21.37%	15.71%	10.30%	13.88%	10.40%
Free Cash Flow Margin	7.44%	2.90%	2.17%	22.55%	44.26%	30.90%
EBITDA	3,033	3,006	2,911	2,815	3,175	2,121
EBITDA Margin	50.66%	50.22%	38.85%	41.65%	49.39%	41.86%
D&A For EBITDA	1,124	1,112	1,065	1,131	1,142	1,088
EBIT	1,909	1,894	1,846	1,684	2,033	1,033
EBIT Margin	31.89%	31.64%	24.64%	24.91%	31.62%	20.38%
Effective Tax Rate	27.60%	28.13%	27.70%	30.82%	27.35%	32.38%
Revenue as Reported	5,987	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.