Shanghai International Port (Group) Co., Ltd. (SHA:600018)

SHA:600018 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	37,553	36,986	36,423	36,195	33,282	25,198
Other Revenue	1,131	1,131	1,128	1,085	1,006	921.85
Revenue	38,684	38,117	37,552	37,280	34,289	26,119
Revenue Growth (YoY)	-0.44%	1.51%	0.73%	8.72%	31.28%	-27.65%
Cost of Revenue	25,260	24,629	23,563	24,178	20,369	16,688
Gross Profit	13,425	13,488	13,989	13,102	13,920	9,432
Selling, General & Admin	3,348	3,338	3,137	3,217	4,293	3,428
Research & Development	175.52	173.32	205.77	191.06	143.45	82.34
Other Operating Expenses	705.12	744.15	891.43	996.72	811.34	426.53
Operating Expenses	4,258	4,285	4,213	4,428	5,252	3,944
Operating Income	9,167	9,202	9,776	8,674	8,667	5,487
Interest Expense	-1,188	-1,205	-1,123	-1,040	-1,025	-1,108
Interest & Investment Income	9,228	8,784	7,664	12,508	10,349	5,637
Currency Exchange Gain (Loss)	27.11	27.11	-60.49	-69.38	-120.46	-31.27
Other Non Operating Income (Expenses)	160.67	-6.77	-20.79	-29.78	-50.3	-35.51
EBT Excluding Unusual Items	17,395	16,802	16,235	20,043	17,820	9,949
Merger & Restructuring Charges	-	-	-	-	-	-11.13
Gain (Loss) on Sale of Investments	211.79	216.29	139.97	258.5	107.48	160.62
Gain (Loss) on Sale of Assets	100.3	502.67	-6.55	53.34	-94.35	7.91
Asset Writedown	-0.17	-	-733.62	-302	-643.65	-66.28
Other Unusual Items	1,195	1,195	611.63	71.66	771.85	534.16
Pretax Income	18,902	18,716	16,247	20,124	17,961	10,574
Income Tax Expense	2,587	2,652	2,239	2,214	2,481	1,391
Earnings From Continuing Operations	16,315	16,064	14,008	17,910	15,481	9,183
Minority Interest in Earnings	-1,149	-1,109	-804.65	-686.2	-	-876.26
Net Income	15,165	14,954	13,203	17,224	15,481	8,307
Net Income to Common	15,165	14,954	13,203	17,224	15,481	8,307
Net Income Growth	13.61%	13.26%	-23.34%	11.26%	86.35%	-8.33%
Shares Outstanding (Basic)	23,232	23,221	23,200	23,203	24,433	23,172
Shares Outstanding (Diluted)	23,242	23,235	23,212	23,203	24,433	23,172
Shares Change (YoY)	0.08%	0.10%	0.04%	-5.03%	5.44%	0.00%
EPS (Basic)	0.65	0.64	0.57	0.74	0.63	0.36
EPS (Diluted)	0.65	0.64	0.57	0.74	0.63	0.36
EPS Growth	13.51%	13.15%	-23.37%	17.16%	76.74%	-8.33%
Free Cash Flow	3,228	2,972	5,412	8,048	9,189	7,059
Free Cash Flow Per Share	0.14	0.13	0.23	0.35	0.38	0.30
Dividend Per Share	0.195	0.195	0.172	0.140	0.190	0.128
Dividend Growth	13.37%	13.37%	22.86%	-26.30%	48.41%	-11.72%
Gross Margin	34.70%	35.38%	37.25%	35.14%	40.60%	36.11%
Operating Margin	23.70%	24.14%	26.03%	23.27%	25.28%	21.01%
Profit Margin	39.20%	39.23%	35.16%	46.20%	45.15%	31.80%
Free Cash Flow Margin	8.34%	7.80%	14.41%	21.59%	26.80%	27.03%
EBITDA	12,767	12,779	13,262	11,961	11,962	8,912
EBITDA Margin	33.00%	33.53%	35.32%	32.08%	34.89%	34.12%
D&A For EBITDA	3,600	3,577	3,486	3,287	3,295	3,425
EBIT	9,167	9,202	9,776	8,674	8,667	5,487
EBIT Margin	23.70%	24.14%	26.03%	23.27%	25.28%	21.01%
Effective Tax Rate	13.69%	14.17%	13.78%	11.00%	13.81%	13.15%
Revenue as Reported	38,684	38,117	37,552	37,280	34,289	26,119
Advertising Expenses	-	33.62	38.01	42.94	42.59	95

Updated Jan 19, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.