Shanghai Zhangjiang Hi-Tech Park Development Co., Ltd. (SHA:600895)

SHA:600895 Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,966	2,015	1,887	2,081	747.16
Other Revenue	17.13	10.88	19.57	16.31	32.04
Revenue	1,983	2,026	1,907	2,097	779.2
Revenue Growth (YoY)	-2.10%	6.24%	-9.08%	169.13%	-47.23%
Cost of Revenue	865.11	853.37	727.52	644.8	350.54
Gross Profit	1,118	1,172	1,179	1,452	428.66
Selling, General & Admin	155.56	139.21	115.45	101.94	92.93
Other Operating Expenses	271.88	100.38	318.39	47	12.77
Operating Expenses	423.19	240.28	434.51	150.28	102.96
Operating Income	695	932.09	744.68	1,302	325.7
Interest Expense	-589.3	-515.35	-476.36	-437.32	-344.51
Interest & Investment Income	278.92	263.12	153.16	54	2,351
Currency Exchange Gain (Loss)	0.97	3.98	23.54	-7.07	-16.21
Other Non Operating Income (Expenses)	-0.76	-2.71	-1.81	5.46	-3.84
EBT Excluding Unusual Items	384.82	681.12	443.21	917.04	2,312
Gain (Loss) on Sale of Investments	803.62	645.24	531.57	139.82	208.56
Gain (Loss) on Sale of Assets	24.81	0	-	-	-
Asset Writedown	-	-0.04	-0.06	-	-0.03
Other Unusual Items	61.83	-14.47	-41.45	-184.3	-152.2
Pretax Income	1,275	1,312	933.26	872.56	2,368
Income Tax Expense	280.7	371.21	145.62	224.25	635.51
Earnings From Continuing Operations	994.38	940.65	787.64	648.31	1,733
Minority Interest in Earnings	-11.96	7.25	34.57	92.31	89.43
Net Income	982.42	947.9	822.22	740.62	1,822
Net Income to Common	982.42	947.9	822.22	740.62	1,822
Net Income Growth	3.64%	15.29%	11.02%	-59.35%	212.63%
Shares Outstanding (Basic)	1,559	1,554	1,551	1,543	1,544
Shares Outstanding (Diluted)	1,559	1,554	1,551	1,543	1,544
Shares Change (YoY)	0.35%	0.17%	0.54%	-0.08%	0.68%
EPS (Basic)	0.63	0.61	0.53	0.48	1.18
EPS (Diluted)	0.63	0.61	0.53	0.48	1.18
EPS Growth	3.28%	15.09%	10.42%	-59.32%	210.53%
Free Cash Flow	-4,463	-4,734	-2,045	-1,418	-376.93
Free Cash Flow Per Share	-2.86	-3.05	-1.32	-0.92	-0.24
Dividend Per Share	0.200	0.190	0.160	0.150	0.360
Dividend Growth	5.26%	18.75%	6.67%	-58.33%	200.00%
Gross Margin	56.38%	57.87%	61.84%	69.25%	55.01%
Operating Margin	35.04%	46.01%	39.06%	62.09%	41.80%
Profit Margin	49.54%	46.79%	43.12%	35.32%	233.84%
Free Cash Flow Margin	-225.03%	-233.69%	-107.28%	-67.63%	-48.37%
EBITDA	969.5	1,208	1,038	1,569	576.74
EBITDA Margin	48.88%	59.64%	54.45%	74.83%	74.02%
D&A For EBITDA	274.51	276.13	293.46	267.16	251.05
EBIT	695	932.09	744.68	1,302	325.7
EBIT Margin	35.04%	46.01%	39.06%	62.09%	41.80%
Effective Tax Rate	22.01%	28.30%	15.60%	25.70%	26.83%
Revenue as Reported	1,983	2,026	1,907	2,097	779.2
Advertising Expenses	8.28	1.19	0.6	0.6	0.82

Updated Mar 13, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.