Shanghai Shentong Metro 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	570.08	585.65	625.73	342.97	348.3	301.16
Other Revenue	0.23	0.23	0.17	0.17	0.2	0.2
Revenue	570.31	585.88	625.9	343.13	348.5	301.37
Revenue Growth (YoY)	-9.63%	-6.39%	82.41%	-1.54%	15.64%	-54.26%
Cost of Revenue	464.69	453.53	469.55	229.16	245.86	221.19
Gross Profit	105.61	132.34	156.35	113.97	102.64	80.17
Selling, General & Admin	61.33	60.86	55.95	43	45.06	37.44
Research & Development	4	3.2	1.91	-	-	-
Other Operating Expenses	-3.65	-1.52	1.93	-0.01	2.98	0.17
Operating Expenses	61.65	60.67	61.77	43.22	48.21	36.9
Operating Income	43.96	71.67	94.58	70.75	54.43	43.28
Interest Expense	-5.16	-11.04	-17.2	-16.58	-9.53	-3.84
Interest & Investment Income	16.2	14.56	27.6	45.57	53.3	63.4
Currency Exchange Gain (Loss)	-0	-0	-	-	-0	0
Other Non Operating Income (Expenses)	0.4	0.74	6.41	-5.5	-0.89	-0.1
EBT Excluding Unusual Items	55.4	75.94	111.39	94.24	97.3	102.75
Gain (Loss) on Sale of Investments	-	-	-	-0.2	0.15	0.91
Gain (Loss) on Sale of Assets	-0.08	-0.04	-0.01	-0.21	-	-0
Asset Writedown	4.33	5.64	-7.53	1.35	0.9	-5.57
Legal Settlements	-	-	-0.08	-	-	-
Other Unusual Items	5.56	5.56	9.52	5.53	6.53	6.97
Pretax Income	65.21	87.1	113.29	100.71	104.89	105.06
Income Tax Expense	18.8	22.42	28.85	23.14	25.98	25.68
Earnings From Continuing Operations	46.41	64.68	84.44	77.57	78.91	79.38
Minority Interest in Earnings	-10.75	-12.86	-11.97	-4.55	-6.52	-5.56
Net Income	35.66	51.82	72.47	73.02	72.39	73.82
Net Income to Common	35.66	51.82	72.47	73.02	72.39	73.82
Net Income Growth	-39.34%	-28.49%	-0.76%	0.87%	-1.94%	8.31%
Shares Outstanding (Basic)	505	477	477	477	477	477
Shares Outstanding (Diluted)	505	477	477	477	477	477
Shares Change (YoY)	5.38%	-0.00%	-	-	-	-
EPS (Basic)	0.07	0.11	0.15	0.15	0.15	0.15
EPS (Diluted)	0.07	0.11	0.15	0.15	0.15	0.15
EPS Growth	-42.44%	-28.49%	-0.76%	0.87%	-1.94%	8.31%
Free Cash Flow	552.52	763.2	-225.8	47.74	572.5	-160.52
Free Cash Flow Per Share	1.09	1.60	-0.47	0.10	1.20	-0.34
Dividend Per Share	0.037	0.038	0.052	0.046	0.046	0.047
Dividend Growth	-47.89%	-26.92%	13.04%	-	-2.13%	9.30%
Gross Margin	18.52%	22.59%	24.98%	33.22%	29.45%	26.60%
Operating Margin	7.71%	12.23%	15.11%	20.62%	15.62%	14.36%
Profit Margin	6.25%	8.85%	11.58%	21.28%	20.77%	24.50%
Free Cash Flow Margin	96.88%	130.27%	-36.08%	13.91%	164.28%	-53.27%
EBITDA	55.46	81.94	103.22	77.56	59.08	46.72
EBITDA Margin	9.72%	13.99%	16.49%	22.60%	16.95%	15.50%
D&A For EBITDA	11.5	10.27	8.64	6.8	4.64	3.44
EBIT	43.96	71.67	94.58	70.75	54.43	43.28
EBIT Margin	7.71%	12.23%	15.11%	20.62%	15.62%	14.36%
Effective Tax Rate	28.83%	25.74%	25.47%	22.98%	24.77%	24.44%
Revenue as Reported	570.31	585.88	625.9	343.13	348.5	301.37
Advertising Expenses	-	0.13	0.08	-	0.5	0.2

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.