SHA:600505 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	Jan '23 Jan 1, 2023	Dec '21 Dec 31, 2021
Operating Revenue	1,511	1,447	1,396	1,274	1,075
Other Revenue	-	7.46	8.25	9.62	6.52
Revenue	1,511	1,454	1,405	1,283	1,081
Revenue Growth (YoY)	3.94%	3.52%	9.47%	18.65%	12.43%
Selling, General & Admin	152.63	155.72	150.58	140.99	130.44
Provision for Bad Debts	-	4.88	5.67	-1.44	3.71
Other Operating Expenses	1,251	1,187	1,223	1,031	869.76
Total Operating Expenses	1,404	1,347	1,380	1,171	1,004
Operating Income	107.66	106.74	25.07	112.56	77.57
Interest Expense	-	-84.27	-87.93	-44.03	-19.71
Interest Income	-	2.08	2.48	1.51	1.73
Net Interest Expense	-	-82.19	-85.45	-42.52	-17.98
Income (Loss) on Equity Investments	-	0.76	0.97	1.16	1.11
Other Non-Operating Income (Expenses)	-81.07	3.01	-0.83	-0.93	-4.23
EBT Excluding Unusual Items	26.59	28.31	-60.23	70.26	56.47
Gain (Loss) on Sale of Investments	-0.07	-	-5.26	-	-
Gain (Loss) on Sale of Assets	-	-1.55	-0.1	-1.13	-1.64
Asset Writedown	-0.02	-	-3.41	-	-
Other Unusual Items	-	-8.67	17.15	-4.75	7.98
Pretax Income	26.49	18.1	-51.85	64.38	62.81
Income Tax Expense	23.96	24.67	16.33	18.76	16.78
Earnings From Continuing Ops.	2.53	-6.57	-68.18	45.62	46.03
Minority Interest in Earnings	9.38	14.87	23.58	-0.42	-3.5
Net Income	11.91	8.29	-44.61	45.2	42.53
Net Income to Common	11.91	8.29	-44.61	45.2	42.53
Net Income Growth	43.63%	-	-	6.28%	24.55%
Shares Outstanding (Basic)	364	364	364	365	364
Shares Outstanding (Diluted)	364	364	364	365	364
Shares Change (YoY)	0.14%	-0.18%	-0.02%	0.02%	0.00%
EPS (Basic)	0.03	0.02	-0.12	0.12	0.12
EPS (Diluted)	0.03	0.02	-0.12	0.12	0.12
EPS Growth	43.42%	-	-	6.25%	24.55%
Free Cash Flow	261.34	191.76	73.79	3.19	-352.24
Free Cash Flow Per Share	0.72	0.53	0.20	0.01	-0.97
Dividend Per Share	-	0.020	0.012	0.038	0.035
Dividend Growth	-	66.67%	-68.42%	8.57%	16.67%
Profit Margin	0.79%	0.57%	-3.18%	3.52%	3.93%
Free Cash Flow Margin	17.29%	13.19%	5.25%	0.25%	-32.57%
EBITDA	360.76	362.86	272.82	285.93	223.38
EBITDA Margin	23.87%	24.95%	19.42%	22.28%	20.66%
D&A For EBITDA	253.1	256.12	247.75	173.37	145.81
EBIT	107.66	106.74	25.07	112.56	77.57
EBIT Margin	7.12%	7.34%	1.79%	8.77%	7.17%
Effective Tax Rate	90.44%	136.31%	-	29.15%	26.71%
Revenue as Reported	-	1,454	1,405	1,283	1,081

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