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Below are the financial statements of Beijing-Shanghai High Speed Railway, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
Below are the financial statements of Beijing-Shanghai High Speed Railway, including the income statement and balance sheet for the company's latest fiscal year. All figures are accurate, verifiable, and fully traceable to the original annual filing where disclosed.
| All figures in thousands of CNY | 2024 2024-01-01 - 2024-12-31 | 2023 2023-01-01 - 2023-12-31 |
|---|---|---|
| Total operating revenue | 42,157,108.61a | 40,682,737.55a |
| Operating revenue | 42,157,108.61a | 40,682,737.55a |
| Interest income | 0a | 0a |
| Premiums earned | 0a | 0a |
| Fee and commission income | 0a | 0a |
| Total operating costs | -25,050,801.18a | -25,369,225.99a |
| Cost of sales | -22,179,109.23a | -22,051,952.36a |
| Interest expense | 0a | 0a |
| Fee and commission expense | 0a | 0a |
| Surrenders | 0a | 0a |
| Claims expense, net | 0a | 0a |
| Net provision for insurance contract liabilities | 0a | 0a |
| Policyholder dividend expense | 0a | 0a |
| Reinsurance expense | 0a | 0a |
| Taxes and surcharges | -228,416.22a | -138,528.34a |
| Selling expenses | 0a | 0a |
| Administrative expenses | -844,187.2a | -802,079.92a |
| R&D expenses | -10,889.39a | -11,234.4a |
| Finance costs | -1,788,199.15a | -2,365,430.96a |
| Interest expense | -1,950,673.68a | -2,586,741.72a |
| Interest income | 164,253.22a | 221,504.33a |
| Other income | 140.49a | 209.8a |
| Investment income (loss) | 0a | 0a |
| Investment income from associates and joint ventures | 0a | 0a |
| Gain on derecognition of financial assets measured at amortized cost | 0a | 0a |
| Foreign exchange gain (loss) | 0a | 0a |
| Net hedging gain (loss) | 0a | 0a |
| Fair value change gain (loss) | 0a | 0a |
| Credit impairment loss | -0.66a | 0a |
| Asset impairment loss | 0a | 0a |
| Gain (loss) on disposal of assets | 23.72a | 0a |
| Operating profit (loss) | 17,106,471.64a | 15,313,722.02a |
| Non-operating income | 9,145.2a | 30.65a |
| Non-operating expenses | -2,643.16a | -4,793.5a |
| Profit before tax | 17,112,973.67a | 15,308,959.17a |
| Income tax expense | -4,441,553.9a | -4,101,644.73a |
| Net profit (loss) | 12,671,419.77a | 11,207,314.43a |
| Classification by continuity of operations | — | — |
| Net profit from continuing operations (loss) | 12,671,419.77a | 11,207,314.43a |
| Net profit from discontinued operations (loss) | 0a | 0a |
| Attributable classification | — | — |
| Net profit attributable to owners of the parent (loss) | 12,768,289.2a | 11,545,536.01a |
| Non-controlling interests (profit/loss) | -96,869.43a | -338,221.58a |
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