Beijing-Shanghai High-Speed Railway Co., Ltd. (SHA:601816)

SHA:601816 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	41,889	41,784	40,305	18,972	28,849	24,838
Other Revenue	418.93	372.88	377.29	363.94	455.97	400.12
Revenue	42,308	42,157	40,683	19,336	29,305	25,238
Revenue Growth (YoY)	0.10%	3.62%	110.40%	-34.02%	16.11%	-27.59%
Cost of Revenue	22,436	22,179	22,052	16,718	18,799	17,336
Gross Profit	19,871	19,978	18,631	2,618	10,506	7,902
Selling, General & Admin	848.08	844.19	802.08	791.11	801.74	796.19
Research & Development	10.18	10.89	11.23	4.63	12.35	11.87
Other Operating Expenses	228.39	228.42	138.53	2.04	140.69	124.62
Operating Expenses	1,087	1,083	951.84	797.78	954.78	932.68
Operating Income	18,785	18,895	17,679	1,820	9,551	6,970
Interest Expense	-1,698	-1,951	-2,587	-3,094	-3,500	-3,318
Interest & Investment Income	78.35	164.25	221.5	189.98	226.13	374.08
Other Non Operating Income (Expenses)	-0.02	-1.78	-0.19	-0.75	-32.75	-0.76
EBT Excluding Unusual Items	17,165	17,106	15,314	-1,085	6,244	4,024
Gain (Loss) on Sale of Assets	-0.44	0.02	0	0	-0.27	3.01
Asset Writedown	-0.19	-0.19	-2.59	-0.26	-	-
Other Unusual Items	2.2	6.84	-1.96	40.2	4.86	0.58
Pretax Income	17,166	17,113	15,309	-1,045	6,248	4,028
Income Tax Expense	4,481	4,442	4,102	507.38	2,033	1,527
Earnings From Continuing Operations	12,685	12,671	11,207	-1,552	4,215	2,501
Minority Interest in Earnings	42.34	96.87	338.22	976.12	600.32	728.34
Net Income	12,728	12,768	11,546	-576.23	4,816	3,229
Net Income to Common	12,728	12,768	11,546	-576.23	4,816	3,229
Net Income Growth	-0.30%	10.59%	-	-	49.15%	-70.83%
Shares Outstanding (Basic)	49,065	49,109	49,109	49,250	49,090	48,554
Shares Outstanding (Diluted)	49,065	49,109	49,109	49,250	49,090	48,554
Shares Change (YoY)	-0.07%	-	-0.29%	0.33%	1.10%	18.45%
EPS (Basic)	0.26	0.26	0.24	-0.01	0.10	0.07
EPS (Diluted)	0.26	0.26	0.24	-0.01	0.10	0.07
EPS Growth	-0.23%	10.59%	-	-	47.52%	-75.37%
Free Cash Flow	18,864	18,885	19,590	5,703	11,763	7,055
Free Cash Flow Per Share	0.38	0.39	0.40	0.12	0.24	0.14
Dividend Per Share	0.157	0.118	0.112	0.011	0.049	0.033
Dividend Growth	40.41%	5.91%	878.95%	-76.78%	49.24%	-37.69%
Gross Margin	46.97%	47.39%	45.80%	13.54%	35.85%	31.31%
Operating Margin	44.40%	44.82%	43.46%	9.41%	32.59%	27.62%
Profit Margin	30.08%	30.29%	28.38%	-2.98%	16.43%	12.79%
Free Cash Flow Margin	44.59%	44.80%	48.15%	29.49%	40.14%	27.96%
EBITDA	24,591	24,746	23,598	7,756	15,252	12,589
EBITDA Margin	58.12%	58.70%	58.00%	40.11%	52.05%	49.88%
D&A For EBITDA	5,806	5,852	5,919	5,936	5,702	5,620
EBIT	18,785	18,895	17,679	1,820	9,551	6,970
EBIT Margin	44.40%	44.82%	43.46%	9.41%	32.59%	27.62%
Effective Tax Rate	26.10%	25.95%	26.79%	-	32.54%	37.92%
Revenue as Reported	42,308	42,157	40,683	19,336	29,305	25,238

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.