SHA:600930 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	Mar '26 Mar 31, 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	39,422	38,463	33,680	29,398	24,445	21,587
Other Revenue	517.71	517.71	287.74	170.23	228.2	153.57
Revenue	39,940	38,980	33,968	29,568	24,673	21,741
Revenue Growth (YoY)	13.11%	14.76%	14.88%	19.84%	13.49%	32.19%
Selling, General & Admin	1,681	1,574	1,367	1,124	976.76	768.3
Provision for Bad Debts	3.63	7.38	90.62	80.47	-45.47	109.16
Other Operating Expenses	24,829	23,474	18,194	14,077	11,116	9,594
Total Operating Expenses	26,513	25,055	19,652	15,281	12,047	10,472
Operating Income	13,426	13,926	14,315	14,287	12,626	11,269
Interest Expense	-6,169	-5,995	-5,482	-4,521	-4,103	-4,050
Interest Income	1,810	2,195	1,725	2,108	1,895	1,435
Net Interest Expense	-4,359	-3,800	-3,756	-2,412	-2,208	-2,615
Currency Exchange Gain (Loss)	-37.62	-37.62	19.35	-10.69	-6.01	0.61
Other Non-Operating Income (Expenses)	-20.81	-75.49	-56.5	-137.04	-117.78	-42.77
EBT Excluding Unusual Items	9,009	10,012	10,522	11,727	10,295	8,612
Gain (Loss) on Sale of Investments	0.59	0.59	-0.21	1.96	-0.73	-
Gain (Loss) on Sale of Assets	-19.31	-19.47	-70.08	-0.71	2.44	2.69
Asset Writedown	-824.01	-824.02	-164.72	-458.48	-475.31	-170.52
Insurance Settlements	78.49	78.49	83.81	41.11	34.39	53.67
Other Unusual Items	-11.76	-11.76	118.94	20.87	104.85	101.59
Pretax Income	8,233	9,236	10,490	11,331	9,960	8,599
Income Tax Expense	925.42	1,117	1,010	1,205	928.91	733.22
Earnings From Continuing Ops.	7,307	8,119	9,480	10,126	9,032	7,866
Minority Interest in Earnings	-904.85	-856.55	-648.56	-518.18	-509.26	-612.47
Net Income	6,403	7,263	8,831	9,608	8,522	7,254
Net Income to Common	6,403	7,263	8,831	9,608	8,522	7,254
Net Income Growth	-28.81%	-17.76%	-8.09%	12.74%	17.49%	78.66%
Shares Outstanding (Basic)	41,526	40,349	36,796	-	-	-
Shares Outstanding (Diluted)	41,526	40,349	36,796	-	-	-
Shares Change (YoY)	12.46%	9.66%	-	-	-	-
EPS (Basic)	0.15	0.18	0.24	-	-	-
EPS (Diluted)	0.15	0.18	0.24	-	-	-
EPS Growth	-35.83%	-25.00%	-	-	-	-
Free Cash Flow	-43,899	-43,513	-47,423	-39,871	-28,427	-18,466
Free Cash Flow Per Share	-1.06	-1.08	-1.29	-	-	-
Dividend Per Share	0.060	0.060	-	-	-	-
Profit Margin	16.03%	18.63%	26.00%	32.50%	34.54%	33.37%
Free Cash Flow Margin	-109.91%	-111.63%	-139.61%	-134.84%	-115.22%	-84.94%
EBITDA	30,039	29,817	27,323	24,279	20,645	18,355
EBITDA Margin	75.21%	76.49%	80.44%	82.11%	83.67%	84.43%
D&A For EBITDA	16,613	15,892	13,008	9,992	8,019	7,086
EBIT	13,426	13,926	14,315	14,287	12,626	11,269
EBIT Margin	33.62%	35.72%	42.14%	48.32%	51.17%	51.84%
Effective Tax Rate	11.24%	12.09%	9.63%	10.63%	9.33%	8.53%
Revenue as Reported	39,940	38,980	33,968	-	-	-

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