Shanghai Tunnel Engineering Co., Ltd. (SHA:600820)

SHA:600820 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	64,950	68,530	73,845	72,003	61,987	53,832
Other Revenue	285.89	285.89	370.61	294.37	239.38	182.56
Revenue	65,236	68,816	74,216	72,297	62,226	54,014
Revenue Growth (YoY)	-12.94%	-7.28%	2.65%	16.18%	15.20%	15.99%
Cost of Revenue	57,080	60,467	66,600	63,456	54,122	48,014
Gross Profit	8,156	8,349	7,616	8,841	8,104	6,000
Selling, General & Admin	1,908	1,925	1,860	1,673	1,506	1,374
Research & Development	2,430	2,631	2,977	2,686	2,172	2,114
Other Operating Expenses	164.7	153.5	131.51	122.73	92.17	105.31
Operating Expenses	4,505	4,743	5,194	4,623	3,876	3,667
Operating Income	3,651	3,606	2,422	4,218	4,227	2,334
Interest Expense	-1,653	-1,716	-1,827	-1,545	-1,724	-795.47
Interest & Investment Income	1,612	1,644	3,172	1,130	358.58	1,099
Currency Exchange Gain (Loss)	1.74	1.74	0.93	-36.33	4.23	9.78
Other Non Operating Income (Expenses)	-54.47	-64.56	-161.91	-144.94	-24.91	-41.42
EBT Excluding Unusual Items	3,212	3,471	3,606	3,621	2,841	2,605
Impairment of Goodwill	-7.36	-7.36	-	-	-	-
Gain (Loss) on Sale of Investments	66.86	86.54	17.23	21.25	5.67	-
Gain (Loss) on Sale of Assets	93.81	47.27	158	59.92	-16.86	-0.97
Asset Writedown	1.8	-	-	-	-	-1.95
Other Unusual Items	145.86	145.86	157.01	164.82	146.17	182.18
Pretax Income	3,513	3,743	3,938	3,867	2,976	2,785
Income Tax Expense	694.88	786.95	757.04	827.16	549.53	484.82
Earnings From Continuing Operations	2,818	2,956	3,181	3,040	2,427	2,300
Minority Interest in Earnings	-89.23	-115.01	-235.7	-184.37	-33.76	-39.54
Net Income	2,729	2,841	2,945	2,855	2,393	2,260
Net Income to Common	2,729	2,841	2,945	2,855	2,393	2,260
Net Income Growth	-7.72%	-3.54%	3.14%	19.32%	5.87%	1.91%
Shares Outstanding (Basic)	3,192	3,157	3,133	3,138	3,149	3,139
Shares Outstanding (Diluted)	3,192	3,157	3,133	3,138	3,149	3,139
Shares Change (YoY)	1.20%	0.75%	-0.15%	-0.35%	0.30%	0.49%
EPS (Basic)	0.85	0.90	0.94	0.91	0.76	0.72
EPS (Diluted)	0.85	0.90	0.94	0.91	0.76	0.72
EPS Growth	-8.82%	-4.25%	3.30%	19.74%	5.56%	1.41%
Free Cash Flow	2,198	3,398	1,120	362.8	1,268	2,029
Free Cash Flow Per Share	0.69	1.08	0.36	0.12	0.40	0.65
Dividend Per Share	0.320	0.320	0.330	0.270	0.230	0.220
Dividend Growth	-3.03%	-3.03%	22.22%	17.39%	4.54%	4.76%
Gross Margin	12.50%	12.13%	10.26%	12.23%	13.02%	11.11%
Operating Margin	5.60%	5.24%	3.26%	5.83%	6.79%	4.32%
Profit Margin	4.18%	4.13%	3.97%	3.95%	3.85%	4.18%
Free Cash Flow Margin	3.37%	4.94%	1.51%	0.50%	2.04%	3.76%
EBITDA	4,837	4,854	3,919	5,381	5,100	3,091
EBITDA Margin	7.41%	7.05%	5.28%	7.44%	8.20%	5.72%
D&A For EBITDA	1,185	1,248	1,498	1,163	872.77	756.93
EBIT	3,651	3,606	2,422	4,218	4,227	2,334
EBIT Margin	5.60%	5.24%	3.26%	5.83%	6.79%	4.32%
Effective Tax Rate	19.78%	21.02%	19.23%	21.39%	18.46%	17.41%
Revenue as Reported	65,236	68,816	74,216	72,297	62,226	54,014
Advertising Expenses	-	0.69	0.96	0.55	1.01	2.6

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.