SHA:603693 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	2,053	2,086	1,934	1,970	1,858	1,545
Other Revenue	13.48	13.48	11.56	0.97	0.68	1.72
Revenue	2,067	2,099	1,946	1,971	1,859	1,547
Revenue Growth (YoY)	1.00%	7.88%	-1.28%	6.04%	20.18%	4.20%
Selling, General & Admin	142.67	140.55	136.72	144.65	108.1	81.43
Provision for Bad Debts	229.38	234.56	76.63	15.47	38.32	-43.93
Other Operating Expenses	997.51	986.55	942.92	943.83	904.03	890.34
Total Operating Expenses	1,375	1,364	1,156	1,104	1,053	928.36
Operating Income	692.19	735.28	789.37	866.69	806.2	618.36
Interest Expense	-229.89	-257.07	-262.51	-310.22	-160.12	-122.48
Interest Income	61.26	12.83	15.88	16.2	27.21	16.66
Net Interest Expense	-168.62	-244.24	-246.64	-294.03	-132.91	-105.82
Income (Loss) on Equity Investments	28.95	106.51	103.81	112.75	-	-
Currency Exchange Gain (Loss)	0.24	0.24	0.27	1.34	0.48	1.79
Other Non-Operating Income (Expenses)	-3.15	-2.27	-0.99	-0.79	-0.09	-6.62
EBT Excluding Unusual Items	549.62	595.52	645.83	685.96	673.68	507.71
Gain (Loss) on Sale of Investments	1.77	-	-0.2	-	-	0.49
Gain (Loss) on Sale of Assets	5.52	34.72	0.14	-0.26	0.32	0.59
Asset Writedown	-16.18	-18.72	-	-	-217.7	-287.87
Other Unusual Items	28.69	28.69	17.87	9.4	5.35	2.17
Pretax Income	569.43	640.2	663.63	695.1	461.64	223.09
Income Tax Expense	137.33	142.64	117.37	111.33	94.98	52.06
Earnings From Continuing Ops.	432.1	497.56	546.26	583.77	366.67	171.03
Minority Interest in Earnings	-48.85	-80.68	-73.89	-107.75	-57.99	-17.32
Net Income	383.25	416.88	472.37	476.02	308.68	153.72
Net Income to Common	383.25	416.88	472.37	476.02	308.68	153.72
Net Income Growth	-25.75%	-11.75%	-0.77%	54.21%	100.81%	-39.47%
Shares Outstanding (Basic)	890	887	891	898	812	799
Shares Outstanding (Diluted)	890	887	891	898	812	799
Shares Change (YoY)	-0.08%	-0.48%	-0.77%	10.57%	1.62%	-0.72%
EPS (Basic)	0.43	0.47	0.53	0.53	0.38	0.19
EPS (Diluted)	0.43	0.47	0.53	0.53	0.38	0.19
EPS Growth	-25.69%	-11.32%	-	39.47%	97.61%	-39.03%
Free Cash Flow	432.42	112.14	103.71	756.17	-880.84	-798.43
Free Cash Flow Per Share	0.49	0.13	0.12	0.84	-1.08	-1.00
Dividend Per Share	0.150	0.150	0.150	0.150	0.077	0.115
Dividend Growth	-	-	-	95.06%	-33.36%	-
Profit Margin	18.54%	19.86%	24.28%	24.15%	16.61%	9.94%
Free Cash Flow Margin	20.92%	5.34%	5.33%	38.36%	-47.38%	-51.62%
EBITDA	1,383	1,407	1,435	1,502	1,196	993.9
EBITDA Margin	66.90%	67.01%	73.77%	76.18%	64.34%	64.26%
D&A For EBITDA	690.43	671.4	646.03	634.95	389.76	375.53
EBIT	692.19	735.28	789.37	866.69	806.2	618.36
EBIT Margin	33.49%	35.03%	40.57%	43.97%	43.37%	39.98%
Effective Tax Rate	24.12%	22.28%	17.69%	16.02%	20.57%	23.33%
Revenue as Reported	2,067	2,099	1,946	1,971	1,859	1,547

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