SHA:601033 Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	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	3,711	3,478	3,247	2,470	1,800
Other Revenue	53.93	58.7	45.93	66.23	42.87
Revenue	3,765	3,536	3,293	2,536	1,843
Revenue Growth (YoY)	6.45%	7.38%	29.87%	37.58%	-
Operations & Maintenance	2.73	3.41	3.18	6.47	3.11
Selling, General & Admin	277.58	287.52	280.95	226.28	191.08
Provision for Bad Debts	-40.94	67.02	23.71	-1.26	12.7
Other Operating Expenses	2,252	1,987	1,960	1,428	1,058
Total Operating Expenses	2,622	2,473	2,397	1,743	1,346
Operating Income	1,142	1,063	895.9	793.04	497.31
Interest Expense	-366.78	-398.76	-300.64	-183.11	-188.17
Interest Income	124.77	106.4	100.38	72.55	13.41
Net Interest Expense	-242.01	-292.35	-200.26	-110.56	-174.76
Other Non-Operating Income (Expenses)	-18.92	-22.72	3.47	-3.94	-2.75
EBT Excluding Unusual Items	881.12	748.02	699.11	678.53	319.8
Gain (Loss) on Sale of Assets	-0.01	-0.08	0.32	-0.07	0.46
Asset Writedown	-	-	-	-3.42	-0.04
Insurance Settlements	0.16	13.32	1.47	-	-
Other Unusual Items	41.57	52.29	44.24	41.56	33.37
Pretax Income	922.85	813.55	745.14	716.6	353.59
Income Tax Expense	88.98	65.04	29.33	38.44	7.32
Earnings From Continuing Ops.	833.87	748.51	715.81	678.17	346.27
Minority Interest in Earnings	-13.29	-13.67	-0.35	-0.93	0.01
Net Income	820.57	734.83	715.45	677.24	346.28
Net Income to Common	820.57	734.83	715.45	677.24	346.28
Net Income Growth	11.67%	2.71%	5.64%	95.58%	-
Shares Outstanding (Basic)	892	750	745	651	653
Shares Outstanding (Diluted)	892	750	745	651	653
Shares Change (YoY)	18.95%	0.61%	14.45%	-0.33%	-
EPS (Basic)	0.92	0.98	0.96	1.04	0.53
EPS (Diluted)	0.92	0.98	0.96	1.04	0.53
EPS Growth	-6.12%	2.08%	-7.69%	96.23%	-
Free Cash Flow	1,289	470.2	-860.66	-3,599	-3,409
Free Cash Flow Per Share	1.45	0.63	-1.16	-5.53	-5.22
Dividend Per Share	0.600	0.520	-	-	-
Dividend Growth	15.38%	-	-	-	-
Profit Margin	21.80%	20.78%	21.73%	26.71%	18.79%
Free Cash Flow Margin	34.23%	13.30%	-26.13%	-141.92%	-184.98%
EBITDA	2,063	1,901	1,492	1,159	822.13
EBITDA Margin	54.79%	53.75%	45.29%	45.69%	44.61%
D&A For EBITDA	920.67	837.76	595.72	365.61	324.81
EBIT	1,142	1,063	895.9	793.04	497.31
EBIT Margin	30.34%	30.06%	27.20%	31.27%	26.98%
Effective Tax Rate	9.64%	7.99%	3.94%	5.36%	2.07%
Revenue as Reported	3,765	3,536	3,293	-	-

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