SHA:603053 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	5,152	5,182	5,128	4,718	4,341	4,126
Other Revenue	92.15	92.15	44.58	117.6	40.91	42.29
Revenue	5,244	5,274	5,173	4,835	4,381	4,168
Revenue Growth (YoY)	-0.60%	1.95%	6.98%	10.36%	5.12%	-13.50%
Operations & Maintenance	7.36	7.36	10.29	11.87	9.84	6.29
Selling, General & Admin	446.39	438.44	443.45	407.27	407.4	397.01
Provision for Bad Debts	2.61	-0.48	1.23	3.05	3.59	5.17
Other Operating Expenses	4,321	4,376	4,220	3,942	3,550	3,442
Total Operating Expenses	4,789	4,840	4,701	4,407	3,992	3,864
Operating Income	455.32	433.99	471.96	428.53	389.06	304.14
Interest Expense	-1.71	-2.51	-5.05	-2.65	-1.67	-0.95
Interest Income	129.58	159.04	157.23	163.95	155.92	150.12
Net Interest Expense	127.88	156.53	152.19	161.3	154.25	149.17
Currency Exchange Gain (Loss)	0.07	0.07	-0.22	-	0.76	-0.24
Other Non-Operating Income (Expenses)	-19.37	-4.55	-5.13	-2.32	-1.21	3.43
EBT Excluding Unusual Items	563.9	586.03	618.8	587.51	542.86	456.5
Gain (Loss) on Sale of Assets	0.2	0.21	3.29	-0.3	-0.98	-0.14
Asset Writedown	-0.93	-0.94	1.87	-	-	-
Other Unusual Items	40.9	21.23	22.35	29.58	38.16	38.28
Pretax Income	604.07	606.54	646.31	616.79	580.04	494.64
Income Tax Expense	85.68	87.77	89.42	95.4	76.95	60.39
Earnings From Continuing Ops.	518.4	518.77	556.89	521.39	503.09	434.25
Minority Interest in Earnings	-33.18	-30.01	-30.76	-29.84	-14.31	-20.14
Net Income	485.22	488.75	526.13	491.55	488.77	414.11
Net Income to Common	485.22	488.75	526.13	491.55	488.77	414.11
Net Income Growth	-4.38%	-7.10%	7.03%	0.57%	18.03%	-8.21%
Shares Outstanding (Basic)	883	889	892	894	889	881
Shares Outstanding (Diluted)	883	889	892	894	889	881
Shares Change (YoY)	-0.84%	-0.35%	-0.22%	0.57%	0.86%	9.37%
EPS (Basic)	0.55	0.55	0.59	0.55	0.55	0.47
EPS (Diluted)	0.55	0.55	0.59	0.55	0.55	0.47
EPS Growth	-3.57%	-6.78%	7.27%	-	17.02%	-16.07%
Free Cash Flow	441.13	525.65	1,056	544.82	388.05	304.32
Free Cash Flow Per Share	0.50	0.59	1.18	0.61	0.44	0.34
Dividend Per Share	0.300	0.300	0.300	0.300	0.300	0.247
Dividend Growth	-	-	-	-	21.21%	1.23%
Profit Margin	9.25%	9.27%	10.17%	10.17%	11.15%	9.94%
Free Cash Flow Margin	8.41%	9.97%	20.41%	11.27%	8.86%	7.30%
EBITDA	688.73	683.49	742.93	656.47	607.27	509.85
EBITDA Margin	13.13%	12.96%	14.36%	13.58%	13.86%	12.23%
D&A For EBITDA	233.4	249.5	270.97	227.93	218.21	205.7
EBIT	455.32	433.99	471.96	428.53	389.06	304.14
EBIT Margin	8.68%	8.23%	9.12%	8.86%	8.88%	7.30%
Effective Tax Rate	14.18%	14.47%	13.84%	15.47%	13.27%	12.21%
Revenue as Reported	5,244	5,274	5,173	4,835	4,381	4,168

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