Jilin Expressway Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	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	1,517	1,480	1,442	1,453	1,266	847.17
Other Revenue	4.76	4.76	5.27	5.71	6.22	3.22
Revenue	1,522	1,484	1,447	1,459	1,272	850.39
Revenue Growth (YoY)	10.39%	2.58%	-0.82%	14.71%	49.58%	8.90%
Cost of Revenue	736.54	702.67	629.24	792.63	675.79	615.31
Gross Profit	785.04	781.77	817.88	666.51	596.22	235.08
Selling, General & Admin	70.26	73.61	65.84	68.12	85.9	71.02
Research & Development	11.71	11.4	10.02	8.02	2.51	-
Other Operating Expenses	6.37	6.3	7.97	6.62	6.39	4.78
Operating Expenses	89.25	92.21	77.23	91.88	96.98	75.8
Operating Income	695.79	689.55	740.65	574.62	499.24	159.28
Interest Expense	-4.12	-9.45	-20.89	-40.26	-81.5	-99.94
Interest & Investment Income	21.38	25.63	20.35	11.32	16.41	13.04
Other Non Operating Income (Expenses)	-5.79	-3.26	-3.6	-1.66	-6.25	19.3
EBT Excluding Unusual Items	707.26	702.47	736.51	544.02	427.91	91.67
Gain (Loss) on Sale of Investments	-	-	-	-	-0.16	-
Gain (Loss) on Sale of Assets	-	0.06	-0.12	-4.62	-24.28	0.36
Other Unusual Items	33.38	33.13	40.41	5.38	30.6	21.9
Pretax Income	740.64	735.66	776.81	544.78	434.06	113.94
Income Tax Expense	144.52	145.7	186.8	117.85	105.65	47.01
Earnings From Continuing Operations	596.12	589.96	590	426.93	328.41	66.93
Minority Interest in Earnings	-51.21	-51.13	-43.52	-33.31	-9.97	32.28
Net Income	544.91	538.83	546.49	393.62	318.44	99.21
Net Income to Common	544.91	538.83	546.49	393.62	318.44	99.21
Net Income Growth	0.08%	-1.40%	38.84%	23.61%	220.98%	-47.63%
Shares Outstanding (Basic)	1,880	1,858	1,884	1,901	1,858	1,984
Shares Outstanding (Diluted)	1,880	1,858	1,884	1,901	1,858	1,984
Shares Change (YoY)	0.14%	-1.40%	-0.85%	2.30%	-6.37%	4.75%
EPS (Basic)	0.29	0.29	0.29	0.21	0.17	0.05
EPS (Diluted)	0.29	0.29	0.29	0.21	0.17	0.05
EPS Growth	-0.05%	-	40.03%	20.83%	242.80%	-50.00%
Free Cash Flow	792.34	767.26	993.36	624.18	728.52	290
Free Cash Flow Per Share	0.42	0.41	0.53	0.33	0.39	0.15
Dividend Per Share	0.086	0.086	0.090	-	0.017	-
Dividend Growth	-4.44%	-4.44%	-	-	-	-
Gross Margin	51.59%	52.66%	56.52%	45.68%	46.87%	27.64%
Operating Margin	45.73%	46.45%	51.18%	39.38%	39.25%	18.73%
Profit Margin	35.81%	36.30%	37.76%	26.98%	25.03%	11.67%
Free Cash Flow Margin	52.07%	51.69%	68.64%	42.78%	57.27%	34.10%
EBITDA	868.96	922.86	1,054	880.72	798.15	408.91
EBITDA Margin	57.11%	62.17%	72.84%	60.36%	62.75%	48.09%
D&A For EBITDA	173.17	233.31	313.49	306.1	298.91	249.63
EBIT	695.79	689.55	740.65	574.62	499.24	159.28
EBIT Margin	45.73%	46.45%	51.18%	39.38%	39.25%	18.73%
Effective Tax Rate	19.51%	19.81%	24.05%	21.63%	24.34%	41.26%
Revenue as Reported	1,522	1,484	1,447	1,459	1,272	850.39
Advertising Expenses	-	0.19	0.77	0.48	1.11	0.44

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