SHA:605028 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	266.75	299.96	305.78	342.02	344.22	259.4
Other Revenue	59.23	59.23	55.71	100.34	50.51	39.73
Revenue	325.98	359.18	361.49	442.36	394.73	299.13
Revenue Growth (YoY)	-11.35%	-0.64%	-18.28%	12.07%	31.96%	13.49%
Operations & Maintenance	24.48	24.48	18.29	21.36	29.95	16.84
Selling, General & Admin	33.09	25.52	22.11	25.56	19.93	14.96
Provision for Bad Debts	1.03	0.98	-4.35	4.56	2.4	0.75
Other Operating Expenses	129.56	123.48	119.02	149.77	122.9	122.52
Total Operating Expenses	199.59	187.39	168.27	215.75	188.3	165.02
Operating Income	126.38	171.79	193.22	226.61	206.43	134.11
Interest Expense	-	-	-0.08	-0.28	-0.56	-3.83
Interest Income	36.24	18.71	18.66	15.34	4.55	0.08
Net Interest Expense	36.24	18.71	18.58	15.06	3.99	-3.75
Other Non-Operating Income (Expenses)	-0.26	0.03	-0.48	-0.39	-0.15	-0.1
EBT Excluding Unusual Items	162.37	190.54	211.32	241.28	210.27	130.26
Gain (Loss) on Sale of Investments	25.74	8.61	-	-	-	-
Gain (Loss) on Sale of Assets	-0.47	-1.44	-	-1.83	-	1.78
Asset Writedown	-	-	-0.88	-4.05	-9.38	-
Other Unusual Items	0.28	0.28	2.32	5.23	3.98	10.39
Pretax Income	187.91	197.99	212.76	240.63	204.87	142.43
Income Tax Expense	23.51	26.26	24.59	34.53	29.44	21.22
Net Income	164.4	171.73	188.17	206.09	175.43	121.21
Net Income to Common	164.4	171.73	188.17	206.09	175.43	121.21
Net Income Growth	-3.30%	-8.74%	-8.70%	17.48%	44.73%	41.74%
Shares Outstanding (Basic)	161	160	159	160	137	120
Shares Outstanding (Diluted)	161	160	159	160	137	120
Shares Change (YoY)	1.39%	0.64%	-0.18%	16.57%	14.20%	0.01%
EPS (Basic)	1.02	1.07	1.18	1.29	1.28	1.01
EPS (Diluted)	1.02	1.07	1.18	1.29	1.28	1.01
EPS Growth	-4.62%	-9.32%	-8.53%	0.78%	26.73%	42.25%
Free Cash Flow	56.25	51	-12.45	55.62	176.17	112.58
Free Cash Flow Per Share	0.35	0.32	-0.08	0.35	1.28	0.94
Dividend Per Share	1.100	0.800	0.600	0.500	0.800	-
Dividend Growth	83.33%	33.33%	20.00%	-37.50%	-	-
Profit Margin	50.43%	47.81%	52.05%	46.59%	44.44%	40.52%
Free Cash Flow Margin	17.26%	14.20%	-3.44%	12.57%	44.63%	37.64%
EBITDA	200	234.72	241.9	267.01	246.63	174.14
EBITDA Margin	61.35%	65.35%	66.92%	60.36%	62.48%	58.21%
D&A For EBITDA	73.62	62.93	48.68	40.4	40.2	40.03
EBIT	126.38	171.79	193.22	226.61	206.43	134.11
EBIT Margin	38.77%	47.83%	53.45%	51.23%	52.30%	44.83%
Effective Tax Rate	12.51%	13.26%	11.56%	14.35%	14.37%	14.90%
Revenue as Reported	-	-	-	442.36	-	-

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