SHA:601033 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	4,287	3,711	3,478	3,247	2,470
Other Revenue	-	53.93	58.7	45.93	66.23
Revenue	4,287	3,765	3,536	3,293	2,536
Revenue Growth (YoY)	13.88%	6.45%	7.38%	29.87%	37.58%
Operations & Maintenance	-	2.73	3.41	3.18	6.47
Selling, General & Admin	-	277.58	287.52	280.95	226.28
Provision for Bad Debts	-	-40.94	67.02	23.71	-1.26
Other Operating Expenses	3,304	2,252	1,987	1,960	1,428
Total Operating Expenses	3,304	2,622	2,473	2,397	1,743
Operating Income	982.93	1,142	1,063	895.9	793.04
Interest Expense	-	-366.78	-398.76	-300.64	-183.11
Interest Income	-	124.77	106.4	100.38	72.55
Net Interest Expense	-	-242.01	-292.35	-200.26	-110.56
Other Non-Operating Income (Expenses)	-	-18.92	-22.72	3.47	-3.94
EBT Excluding Unusual Items	982.93	881.12	748.02	699.11	678.53
Gain (Loss) on Sale of Assets	-	-0.01	-0.08	0.32	-0.07
Asset Writedown	-	-	-	-	-3.42
Insurance Settlements	-	0.16	13.32	1.47	-
Other Unusual Items	-	41.57	52.29	44.24	41.56
Pretax Income	982.93	922.85	813.55	745.14	716.6
Income Tax Expense	122.38	88.98	65.04	29.33	38.44
Earnings From Continuing Ops.	860.55	833.87	748.51	715.81	678.17
Minority Interest in Earnings	-	-13.29	-13.67	-0.35	-0.93
Net Income	860.55	820.57	734.83	715.45	677.24
Net Income to Common	860.55	820.57	734.83	715.45	677.24
Net Income Growth	4.87%	11.67%	2.71%	5.64%	95.58%
Shares Outstanding (Basic)	896	892	750	745	651
Shares Outstanding (Diluted)	896	892	750	745	651
Shares Change (YoY)	0.50%	18.95%	0.61%	14.45%	-0.33%
EPS (Basic)	0.96	0.92	0.98	0.96	1.04
EPS (Diluted)	0.96	0.92	0.98	0.96	1.04
EPS Growth	4.35%	-6.12%	2.08%	-7.69%	96.23%
Free Cash Flow	-	1,289	470.2	-860.66	-3,599
Free Cash Flow Per Share	-	1.45	0.63	-1.16	-5.53
Dividend Per Share	0.630	0.600	0.520	-	-
Dividend Growth	5.00%	15.38%	-	-	-
Profit Margin	20.07%	21.80%	20.78%	21.73%	26.71%
Free Cash Flow Margin	-	34.23%	13.30%	-26.13%	-141.92%
EBITDA	1,904	2,063	1,901	1,492	1,159
EBITDA Margin	44.40%	54.79%	53.75%	45.29%	45.69%
D&A For EBITDA	920.67	920.67	837.76	595.72	365.61
EBIT	982.93	1,142	1,063	895.9	793.04
EBIT Margin	22.93%	30.34%	30.06%	27.20%	31.27%
Effective Tax Rate	12.45%	9.64%	7.99%	3.94%	5.36%
Revenue as Reported	-	3,765	3,536	3,293	-

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