SHA:600780 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	11,152	10,829	10,887	11,108	7,824	6,912
Other Revenue	-	-	-	10.22	6.72	29.88
Revenue	11,152	10,829	10,887	11,118	7,831	6,942
Revenue Growth (YoY)	4.65%	-0.53%	-2.08%	41.98%	12.80%	4.95%
Operations & Maintenance	103.51	103.51	133.27	147.26	154.27	148.2
Selling, General & Admin	261.66	337.53	336.41	330.15	305.67	259.07
Provision for Bad Debts	8.04	8.12	-1.59	34.54	-1.35	0.45
Other Operating Expenses	10,187	9,950	9,859	9,895	7,316	6,141
Total Operating Expenses	10,561	10,402	10,328	10,408	7,776	6,550
Operating Income	590.76	426.57	558.77	710.61	54.72	392.67
Interest Expense	-14	-18.75	-23.97	-31.99	-44.25	-53.66
Interest Income	200.38	235.07	297.12	346.93	269.57	51.99
Net Interest Expense	186.37	216.33	273.15	314.94	225.32	-1.67
Other Non-Operating Income (Expenses)	1.76	-5.17	-2.92	-3	8.9	3.84
EBT Excluding Unusual Items	778.89	637.73	829.01	1,023	288.94	394.84
Gain (Loss) on Sale of Investments	-0.47	1.41	0.7	0.09	0.09	-0.8
Gain (Loss) on Sale of Assets	5.64	5.64	-0.24	-2.11	-0.55	3.66
Asset Writedown	-0.25	-0.25	-	-0.37	-0.86	-4.66
Insurance Settlements	0.96	0.96	2.28	6.72	0.96	-
Other Unusual Items	22.8	32.92	13.49	13.18	4.57	8
Pretax Income	807.57	678.41	845.24	1,040	293.15	401.04
Income Tax Expense	193.87	166.99	166.73	187.17	109.65	103.83
Earnings From Continuing Ops.	613.7	511.42	678.51	852.91	183.5	297.2
Minority Interest in Earnings	1.24	1.25	1.27	1.83	2.6	2.7
Net Income	614.93	512.67	679.78	854.73	186.1	299.91
Net Income to Common	614.93	512.67	679.78	854.73	186.1	299.91
Net Income Growth	17.18%	-24.58%	-20.47%	359.29%	-37.95%	7.11%
Shares Outstanding (Basic)	1,146	1,146	1,147	1,147	1,147	1,146
Shares Outstanding (Diluted)	1,146	1,146	1,147	1,147	1,147	1,146
Shares Change (YoY)	0.00%	-0.01%	-	-0.01%	0.02%	-0.01%
EPS (Basic)	0.54	0.45	0.59	0.75	0.16	0.26
EPS (Diluted)	0.54	0.45	0.59	0.75	0.16	0.26
EPS Growth	17.17%	-24.57%	-20.47%	359.33%	-37.96%	7.12%
Free Cash Flow	589.67	685.31	526.09	734.57	346.89	387.24
Free Cash Flow Per Share	0.51	0.60	0.46	0.64	0.30	0.34
Dividend Per Share	-	-	0.180	-	-	0.090
Dividend Growth	-	-	-	-	-	12.50%
Profit Margin	5.51%	4.73%	6.24%	7.69%	2.38%	4.32%
Free Cash Flow Margin	5.29%	6.33%	4.83%	6.61%	4.43%	5.58%
EBITDA	1,183	1,045	1,212	1,397	755.71	1,090
EBITDA Margin	10.61%	9.65%	11.13%	12.57%	9.65%	15.71%
D&A For EBITDA	592.69	618.71	653.41	686.77	700.99	697.63
EBIT	590.76	426.57	558.77	710.61	54.72	392.67
EBIT Margin	5.30%	3.94%	5.13%	6.39%	0.70%	5.66%
Effective Tax Rate	24.01%	24.62%	19.73%	18.00%	37.41%	25.89%
Revenue as Reported	11,152	10,829	10,887	11,118	7,831	6,942

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