SHA:605028 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	63.94	59.23	305.78	342.02	344.22
Other Revenue	258.89	299.96	55.71	100.34	50.51
Revenue	322.82	359.18	361.49	442.36	394.73
Revenue Growth (YoY)	-10.12%	-0.64%	-18.28%	12.07%	31.96%
Operations & Maintenance	23.19	24.48	18.29	21.36	29.95
Selling, General & Admin	29.27	25.52	22.11	25.56	19.93
Provision for Bad Debts	0.16	0.98	-4.35	4.56	2.4
Other Operating Expenses	142.68	123.48	119.02	149.77	122.9
Total Operating Expenses	206.76	187.39	168.27	215.75	188.3
Operating Income	116.07	171.79	193.22	226.61	206.43
Interest Expense	-0.01	-0.02	-0.08	-0.28	-0.56
Interest Income	32.53	18.71	18.66	15.34	4.55
Net Interest Expense	32.52	18.7	18.58	15.06	3.99
Other Non-Operating Income (Expenses)	-0.02	0.04	-0.48	-0.39	-0.15
EBT Excluding Unusual Items	148.56	190.54	211.32	241.28	210.27
Gain (Loss) on Sale of Investments	51.51	8.61	-	-	-
Gain (Loss) on Sale of Assets	-1.6	-1.44	-	-1.83	-
Asset Writedown	-0.1	-0.02	-0.88	-4.05	-9.38
Other Unusual Items	0.44	0.29	2.32	5.23	3.98
Pretax Income	198.81	197.99	212.76	240.63	204.87
Income Tax Expense	26.42	26.26	24.59	34.53	29.44
Net Income	172.38	171.73	188.17	206.09	175.43
Net Income to Common	172.38	171.73	188.17	206.09	175.43
Net Income Growth	0.38%	-8.74%	-8.70%	17.48%	44.73%
Shares Outstanding (Basic)	160	160	159	160	137
Shares Outstanding (Diluted)	160	160	159	160	137
Shares Change (YoY)	-0.55%	0.64%	-0.18%	16.57%	14.20%
EPS (Basic)	1.08	1.07	1.18	1.29	1.28
EPS (Diluted)	1.08	1.07	1.18	1.29	1.28
EPS Growth	0.94%	-9.32%	-8.53%	0.78%	26.73%
Free Cash Flow	75.77	51	-12.45	55.62	176.17
Free Cash Flow Per Share	0.47	0.32	-0.08	0.35	1.28
Dividend Per Share	0.900	0.800	0.600	0.500	0.800
Dividend Growth	12.50%	33.33%	20.00%	-37.50%	-
Profit Margin	53.40%	47.81%	52.05%	46.59%	44.44%
Free Cash Flow Margin	23.47%	14.20%	-3.44%	12.57%	44.63%
EBITDA	202.25	236	241.9	267.01	246.63
EBITDA Margin	62.65%	65.70%	66.92%	60.36%	62.48%
D&A For EBITDA	86.19	64.21	48.68	40.4	40.2
EBIT	116.07	171.79	193.22	226.61	206.43
EBIT Margin	35.95%	47.83%	53.45%	51.23%	52.30%
Effective Tax Rate	13.29%	13.26%	11.56%	14.35%	14.37%
Revenue as Reported	-	-	-	442.36	-

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.