SHA:600780 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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	11,232	11,259	10,820	10,887	11,108	7,824
Other Revenue	4.62	5.75	8.46	-	10.22	6.72
Revenue	11,236	11,264	10,829	10,887	11,118	7,831
Revenue Growth	0.99%	4.02%	-0.53%	-2.08%	41.98%	12.80%
Operations & Maintenance	75.83	90.33	103.51	133.27	147.26	154.27
Selling, General & Admin	335.48	333.33	337.53	336.41	330.15	305.67
Provision for Bad Debts	6.86	3.26	8.12	-1.59	34.54	-1.35
Other Operating Expenses	10,181	10,182	9,946	9,859	9,895	7,316
Total Operating Expenses	10,601	10,611	10,398	10,328	10,408	7,776
Operating Income	635.02	653.61	430.69	558.77	710.61	54.72
Interest Expense	-18.24	-13.25	-18.75	-23.97	-31.99	-44.25
Interest Income	265.73	187.9	235.07	297.12	346.93	269.57
Net Interest Expense	247.5	174.65	216.33	273.15	314.94	225.32
Other Non-Operating Income (Expenses)	2.22	-7.28	-5.17	-2.92	-3	8.9
EBT Excluding Unusual Items	884.74	820.99	641.85	829.01	1,023	288.94
Gain (Loss) on Sale of Investments	-1.09	-0.36	1.41	0.7	0.09	0.09
Gain (Loss) on Sale of Assets	-0.49	-0.87	5.64	-0.24	-2.11	-0.55
Asset Writedown	-	-	-0.25	-	-0.37	-0.86
Insurance Settlements	0.96	3.09	0.96	2.28	6.72	0.96
Other Unusual Items	29.09	18.94	28.8	13.49	13.18	4.57
Pretax Income	913.21	841.78	678.41	845.24	1,040	293.15
Income Tax Expense	188.79	194.85	166.99	166.73	187.17	109.65
Earnings From Continuing Ops.	724.42	646.93	511.42	678.51	852.91	183.5
Minority Interest in Earnings	1.24	1.24	1.25	1.27	1.83	2.6
Net Income	725.66	648.17	512.67	679.78	854.73	186.1
Net Income to Common	725.66	648.17	512.67	679.78	854.73	186.1
Net Income Growth	26.15%	26.43%	-24.58%	-20.47%	359.29%	-37.95%
Shares Outstanding (Basic)	1,147	1,147	1,146	1,147	1,147	1,147
Shares Outstanding (Diluted)	1,147	1,147	1,146	1,147	1,147	1,147
Shares Change	0.03%	0.02%	-0.01%	-	-0.01%	0.02%
EPS (Basic)	0.63	0.57	0.45	0.59	0.75	0.16
EPS (Diluted)	0.63	0.57	0.45	0.59	0.75	0.16
EPS Growth	26.11%	26.41%	-24.57%	-20.47%	359.33%	-37.96%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	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
Free Cash Flow	373.82	438.02	685.31	526.09	734.57	346.89
Free Cash Flow Per Share	0.33	0.38	0.60	0.46	0.64	0.30
Dividend Per Share	0.180	0.180	-	0.180	-	-
Dividend Growth	-	-	-	100.00%	-	-
Profit Margin	6.46%	5.75%	4.73%	6.24%	7.69%	2.38%
Free Cash Flow Margin	3.33%	3.89%	6.33%	4.83%	6.61%	4.43%
EBITDA	1,227	1,234	1,053	1,212	1,397	755.71
EBITDA Margin	10.92%	10.96%	9.72%	11.13%	12.57%	9.65%
D&A For EBITDA	592.18	580.82	622.36	653.41	686.77	700.99
EBIT	635.02	653.61	430.69	558.77	710.61	54.72
EBIT Margin	5.65%	5.80%	3.98%	5.13%	6.39%	0.70%
Effective Tax Rate	20.67%	23.15%	24.62%	19.73%	18.00%	37.41%
Revenue as Reported	11,236	11,264	10,829	10,887	11,118	7,831