SHA:600283 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,347	2,232	2,155	1,769	1,466	1,245
Other Revenue	89.85	89.85	67.09	57.92	72.75	70.31
Revenue	2,437	2,322	2,222	1,827	1,539	1,315
Revenue Growth (YoY)	5.55%	4.49%	21.61%	18.77%	16.99%	11.93%
Operations & Maintenance	32.85	32.85	45.04	39.69	42.95	24.84
Selling, General & Admin	434.49	411.54	361.57	321.28	281.51	247.46
Provision for Bad Debts	-22.47	-30.4	2.04	-1.37	3.58	5.24
Other Operating Expenses	1,577	1,483	1,536	1,152	940.93	817.5
Total Operating Expenses	2,061	1,940	1,956	1,517	1,274	1,102
Operating Income	376.05	381.92	266.58	310.43	264.34	213.45
Interest Expense	-89.22	-87.41	-50.5	-52.55	-46.59	-51.31
Interest Income	33.64	14.98	71.62	11.43	15.55	30.63
Net Interest Expense	-55.58	-72.43	21.12	-41.13	-31.03	-20.67
Currency Exchange Gain (Loss)	-0.54	-0.54	-0.68	-3.4	1.19	2.88
Other Non-Operating Income (Expenses)	-3.19	-1.73	0.1	-1.42	-1.09	-2.22
EBT Excluding Unusual Items	316.73	307.23	287.12	264.48	233.4	193.43
Gain (Loss) on Sale of Investments	-	-	-	-9.51	-	-
Gain (Loss) on Sale of Assets	-0.28	-1.27	12.19	-2.72	-7.76	1.72
Asset Writedown	-0.29	-	-	-	-1.02	-12.24
Other Unusual Items	69.65	69.65	60.6	61.86	49.8	53.39
Pretax Income	385.82	375.62	359.91	314.12	274.42	236.3
Income Tax Expense	84.18	90.01	77.89	70.35	70.45	50.12
Earnings From Continuing Ops.	301.64	285.61	282.02	243.77	203.97	186.17
Net Income to Company	301.64	285.61	282.02	243.77	203.97	186.17
Minority Interest in Earnings	-67.93	-70.37	-76.46	-71.34	-53.22	-47.56
Net Income	233.71	215.24	205.56	172.42	150.76	138.61
Net Income to Common	233.71	215.24	205.56	172.42	150.76	138.61
Net Income Growth	11.55%	4.71%	19.22%	14.37%	8.76%	221.11%
Shares Outstanding (Basic)	543	501	496	493	491	498
Shares Outstanding (Diluted)	543	501	496	493	491	498
Shares Change (YoY)	7.40%	0.89%	0.71%	0.35%	-1.33%	-1.22%
EPS (Basic)	0.43	0.43	0.41	0.35	0.31	0.28
EPS (Diluted)	0.43	0.43	0.41	0.35	0.31	0.28
EPS Growth	3.86%	3.79%	18.37%	13.97%	10.23%	225.09%
Free Cash Flow	-41.77	-186.09	-286.47	423.7	-32.35	-123.58
Free Cash Flow Per Share	-0.08	-0.37	-0.58	0.86	-0.07	-0.25
Dividend Per Share	0.250	0.250	0.143	0.107	0.107	0.107
Dividend Growth	74.95%	74.95%	33.43%	-	-	-
Profit Margin	9.59%	9.27%	9.25%	9.44%	9.80%	10.54%
Free Cash Flow Margin	-1.71%	-8.01%	-12.89%	23.19%	-2.10%	-9.40%
EBITDA	754.1	706.99	520.99	549.02	466.35	402.39
EBITDA Margin	30.94%	30.45%	23.45%	30.04%	30.31%	30.60%
D&A For EBITDA	378.05	325.06	254.41	238.59	202.01	188.94
EBIT	376.05	381.92	266.58	310.43	264.34	213.45
EBIT Margin	15.43%	16.45%	12.00%	16.99%	17.18%	16.23%
Effective Tax Rate	21.82%	23.96%	21.64%	22.40%	25.67%	21.21%
Revenue as Reported	2,437	2,322	2,222	1,827	1,539	1,315

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