SHA:600644 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	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	3,395	3,116	2,931	2,833	2,532
Other Revenue	-	79.48	54.65	39.67	39.13
Revenue	3,395	3,196	2,986	2,872	2,571
Revenue Growth (YoY)	6.24%	7.03%	3.94%	11.72%	12.22%
Operations & Maintenance	-	10.88	13.54	14.37	11.01
Selling, General & Admin	-	427.76	411.87	438.53	411.54
Provision for Bad Debts	-	15.49	3.15	13.75	3.07
Other Operating Expenses	3,363	2,720	2,523	2,346	2,000
Total Operating Expenses	3,363	3,175	2,954	2,813	2,425
Operating Income	32.12	20.41	31.34	59.41	145.67
Interest Expense	-	-28.99	-31.07	-34.41	-40.79
Interest Income	-	37.59	37.02	27.2	29.79
Net Interest Expense	-	8.6	5.94	-7.21	-11
Other Non-Operating Income (Expenses)	2.79	0.39	0.15	-0.76	0.76
EBT Excluding Unusual Items	34.91	29.4	37.43	51.43	135.43
Gain (Loss) on Sale of Investments	-	5.55	-0.51	2.97	4.43
Gain (Loss) on Sale of Assets	-	3.29	1.12	63	-1.3
Asset Writedown	-	-0.07	-3.65	-0.55	-2.52
Other Unusual Items	-	8.5	9.76	0.21	6.49
Pretax Income	34.91	46.67	44.16	117.06	142.54
Income Tax Expense	11.51	18.26	18.26	31.09	20.71
Earnings From Continuing Ops.	23.4	28.41	25.9	85.97	121.83
Minority Interest in Earnings	-	-5.84	-1.6	-15.39	-4.22
Net Income	23.4	22.57	24.3	70.58	117.61
Net Income to Common	23.4	22.57	24.3	70.58	117.61
Net Income Growth	3.68%	-7.11%	-65.57%	-39.99%	14.70%
Shares Outstanding (Basic)	572	539	539	538	539
Shares Outstanding (Diluted)	572	539	539	538	539
Shares Change (YoY)	6.21%	-0.01%	0.07%	-0.03%	-
EPS (Basic)	0.04	0.04	0.05	0.13	0.22
EPS (Diluted)	0.04	0.04	0.05	0.13	0.22
EPS Growth	-2.39%	-7.09%	-65.60%	-39.97%	14.71%
Free Cash Flow	-	-39.38	56.98	-58.63	160.97
Free Cash Flow Per Share	-	-0.07	0.11	-0.11	0.30
Profit Margin	0.69%	0.71%	0.81%	2.46%	4.57%
Free Cash Flow Margin	-	-1.23%	1.91%	-2.04%	6.26%
EBITDA	210.12	198.41	204.81	223.14	301.57
EBITDA Margin	6.19%	6.21%	6.86%	7.77%	11.73%
D&A For EBITDA	178	178	173.47	163.73	155.89
EBIT	32.12	20.41	31.34	59.41	145.67
EBIT Margin	0.95%	0.64%	1.05%	2.07%	5.67%
Effective Tax Rate	32.97%	39.12%	41.34%	26.56%	14.53%
Revenue as Reported	-	3,196	2,986	2,872	2,571

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