SHA:600995 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	7,377	6,084	5,572	8,192	8,137
Other Revenue	-	89.38	57.48	68.43	71.64
Revenue	7,377	6,174	5,630	8,261	8,208
Revenue Growth (YoY)	19.49%	9.67%	-31.85%	0.64%	336.28%
Operations & Maintenance	-	4.21	2.71	4.3	3.6
Selling, General & Admin	413.72	450.25	479.42	558.52	688.82
Provision for Bad Debts	-	-0.21	-1.97	1.86	-7.99
Other Operating Expenses	3,849	3,387	3,184	4,389	5,337
Total Operating Expenses	4,345	3,898	3,690	5,012	6,054
Operating Income	3,032	2,276	1,940	3,249	2,154
Interest Expense	-	-479.03	-521.75	-672.91	-449.05
Interest Income	54.2	59.27	79.62	41.08	46.55
Net Interest Expense	54.2	-419.76	-442.12	-631.83	-402.51
Currency Exchange Gain (Loss)	-	3.02	1.07	3.21	2.04
Other Non-Operating Income (Expenses)	-490.78	1.71	-1.2	-4.74	-6.69
EBT Excluding Unusual Items	2,595	1,861	1,497	2,615	1,747
Gain (Loss) on Sale of Investments	0	0.73	1.24	0.5	-
Gain (Loss) on Sale of Assets	11.13	9.35	-8.94	-1.9	173.16
Asset Writedown	-1.71	-0.01	0	-0	82.7
Other Unusual Items	-	-40.16	3.31	-4.86	-0
Pretax Income	2,605	1,830	1,493	2,609	2,003
Income Tax Expense	526.56	398.92	246.74	521.59	389.03
Earnings From Continuing Ops.	2,078	1,432	1,246	2,087	1,614
Minority Interest in Earnings	-389.77	-305.07	-232.78	-424.35	-366.29
Net Income	1,689	1,126	1,014	1,663	1,248
Net Income to Common	1,689	1,126	1,014	1,663	1,248
Net Income Growth	49.89%	11.14%	-39.05%	33.28%	1026.88%
Shares Outstanding (Basic)	3,186	3,219	3,167	2,598	2,546
Shares Outstanding (Diluted)	3,186	3,219	3,167	2,598	2,546
Shares Change (YoY)	-1.01%	1.61%	21.90%	2.04%	428.94%
EPS (Basic)	0.53	0.35	0.32	0.64	0.49
EPS (Diluted)	0.53	0.35	0.32	0.64	0.49
EPS Growth	51.43%	9.38%	-50.00%	30.61%	113.04%
Free Cash Flow	-3,995	-4,125	-3,173	-400.29	1,199
Free Cash Flow Per Share	-1.25	-1.28	-1.00	-0.15	0.47
Dividend Per Share	-	0.106	0.095	0.038	0.010
Dividend Growth	-	11.13%	150.39%	280.00%	-85.71%
Profit Margin	22.89%	18.25%	18.00%	20.13%	15.20%
Free Cash Flow Margin	-54.15%	-66.81%	-56.36%	-4.85%	14.61%
EBITDA	4,736	3,959	3,616	4,922	3,594
EBITDA Margin	64.19%	64.12%	64.23%	59.58%	43.79%
D&A For EBITDA	1,704	1,683	1,676	1,674	1,440
EBIT	3,032	2,276	1,940	3,249	2,154
EBIT Margin	41.10%	36.86%	34.46%	39.32%	26.25%
Effective Tax Rate	20.21%	21.79%	16.53%	19.99%	19.42%
Revenue as Reported	-	6,174	5,630	8,261	8,208

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.