China Merchants Expressway Network & Technology Holdings Co.,Ltd. (SHE:001965)
China · Delayed Price · Currency is CNY 9.61
+0.23 (2.45%)
Feb 2, 2026, 3:04 PM CST
SHE:001965 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 | Jan '24 Jan 1, 2024 | Jan '23 Jan 1, 2023 | Jan '22 Jan 1, 2022 | Dec '20 Dec 31, 2020 |
Operating Revenue | 12,337 | 12,711 | 9,731 | 8,297 | 8,626 | 7,069 |
| 12,337 | 12,711 | 9,731 | 8,297 | 8,626 | 7,069 | |
Revenue Growth (YoY) | 0.85% | 30.62% | 17.29% | -3.81% | 22.03% | -14.75% |
Cost of Revenue | 8,479 | 8,383 | 6,150 | 5,389 | 5,053 | 4,602 |
Gross Profit | 3,858 | 4,328 | 3,581 | 2,908 | 3,573 | 2,467 |
Selling, General & Admin | 774.49 | 752.58 | 648.64 | 596.42 | 578.06 | 484.14 |
Research & Development | 197.08 | 187.02 | 188.61 | 195.72 | 183.57 | 139.67 |
Other Operating Expenses | 36.97 | -9.2 | -2.28 | -35.11 | 31.7 | 32.95 |
Operating Expenses | 1,284 | 1,213 | 935.12 | 831.28 | 821.41 | 681.68 |
Operating Income | 2,574 | 3,115 | 2,646 | 2,077 | 2,752 | 1,785 |
Interest Expense | -1,612 | -1,840 | -1,315 | -1,167 | -1,047 | -1,251 |
Interest & Investment Income | 5,146 | 5,126 | 6,248 | 3,715 | 4,207 | 2,230 |
Currency Exchange Gain (Loss) | 8.98 | 8.98 | 8.12 | 11.23 | -2.5 | 3.73 |
Other Non Operating Income (Expenses) | 30.14 | -17.32 | -4.52 | 619.47 | -7.07 | -2.22 |
EBT Excluding Unusual Items | 6,147 | 6,392 | 7,582 | 5,256 | 5,902 | 2,765 |
Impairment of Goodwill | -18.97 | -18.97 | - | - | - | - |
Gain (Loss) on Sale of Investments | -0.85 | -0.85 | - | 54.61 | 0.58 | -62.99 |
Gain (Loss) on Sale of Assets | 12.44 | 9.95 | 0.45 | 287.01 | 5.51 | 12.81 |
Asset Writedown | 5.62 | -0.24 | 0.05 | -0.88 | -146.4 | -34.3 |
Other Unusual Items | 36.18 | 36.18 | 21.64 | 16.28 | 177.07 | 409.42 |
Pretax Income | 6,182 | 6,418 | 7,605 | 5,613 | 5,939 | 3,090 |
Income Tax Expense | 530.4 | 482.06 | 388.38 | 360.07 | 397.42 | 512.74 |
Earnings From Continuing Operations | 5,651 | 5,936 | 7,216 | 5,253 | 5,541 | 2,577 |
Minority Interest in Earnings | -477.09 | -613.91 | -449.48 | -391.34 | -568.34 | -354.71 |
Net Income | 5,174 | 5,322 | 6,767 | 4,861 | 4,973 | 2,223 |
Net Income to Common | 5,174 | 5,322 | 6,767 | 4,861 | 4,973 | 2,223 |
Net Income Growth | -21.18% | -21.35% | 39.19% | -2.24% | 123.74% | -48.87% |
Shares Outstanding (Basic) | 6,924 | 6,929 | 6,412 | 6,458 | 6,474 | 6,291 |
Shares Outstanding (Diluted) | 6,998 | 7,003 | 6,824 | 6,875 | 6,878 | 6,839 |
Shares Change (YoY) | 0.73% | 2.62% | -0.75% | -0.04% | 0.57% | 4.35% |
EPS (Basic) | 0.75 | 0.77 | 1.06 | 0.75 | 0.77 | 0.35 |
EPS (Diluted) | 0.74 | 0.76 | 0.99 | 0.71 | 0.72 | 0.33 |
EPS Growth | -21.75% | -23.36% | 40.23% | -2.20% | 122.46% | -51.00% |
Free Cash Flow | 5,359 | 5,872 | 3,899 | 3,130 | 3,849 | 1,728 |
Free Cash Flow Per Share | 0.77 | 0.84 | 0.57 | 0.46 | 0.56 | 0.25 |
Dividend Per Share | 0.417 | 0.417 | 0.531 | 0.414 | 0.346 | 0.177 |
Dividend Growth | -21.47% | -21.47% | 28.26% | 19.65% | 95.48% | -36.79% |
Gross Margin | 31.27% | 34.05% | 36.80% | 35.05% | 41.42% | 34.89% |
Operating Margin | 20.86% | 24.51% | 27.19% | 25.04% | 31.90% | 25.25% |
Profit Margin | 41.94% | 41.87% | 69.53% | 58.59% | 57.65% | 31.44% |
Free Cash Flow Margin | 43.44% | 46.20% | 40.06% | 37.72% | 44.62% | 24.45% |
EBITDA | 7,771 | 7,064 | 4,930 | 3,831 | 4,580 | 3,503 |
EBITDA Margin | 62.99% | 55.57% | 50.66% | 46.17% | 53.09% | 49.55% |
D&A For EBITDA | 5,197 | 3,949 | 2,284 | 1,754 | 1,828 | 1,718 |
EBIT | 2,574 | 3,115 | 2,646 | 2,077 | 2,752 | 1,785 |
EBIT Margin | 20.86% | 24.51% | 27.19% | 25.04% | 31.90% | 25.25% |
Effective Tax Rate | 8.58% | 7.51% | 5.11% | 6.42% | 6.69% | 16.59% |
Revenue as Reported | 12,337 | 12,711 | 9,731 | 8,297 | 8,626 | 7,069 |
Advertising Expenses | - | 0.41 | 1.05 | 1.33 | 1.18 | 1.59 |
Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.