Chengdu Expressway Co., Ltd. (01785.HK) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	2.9B	2.8B	2.9B	2.9B	2.6B
Cost of Revenue	1.8B	1.8B	1.8B	1.9B	1.7B
Gross Profit	1.1B	1.0B	1.1B	1.0B	871.1M
Operating Expenses
R&D Expense	2.8M	2.3M	1.3M	—	—
SG&A Expense	261.6M	42.7M	230.1M	28.2M	26.8M
General & Admin Expense	—	27.1M	161.1M	21.9M	13.2M
Selling & Marketing Expense	—	15.6M	68.9M	6.2M	13.6M
Other Expenses	27.2M	175.8M	51.8M	212.2M	194.9M
Total Operating Expenses	291.6M	220.8M	283.2M	240.4M	221.7M
Cost and Expenses	2.1B	2.0B	2.1B	2.1B	1.9B
Operating Income (EBIT)	768.6M	796.5M	797.5M	801.6M	649.4M
Non-Operating
Interest Income	21.1M	18.0M	38.0M	38.1M	41.9M
Interest Expense	101.8M	106.4M	101.6M	114.4M	123.7M
Net Interest Income	(80.7M)	(88.4M)	(65.3M)	(76.2M)	(83.4M)
Other Non-Op Income/Expense	(11.4M)	(5.5M)	(11.5M)	5.2M	22.9M
Non-Operating Income (excl Interest)	(27.0M)	—	(31.6M)	(119.6M)	(22.0M)
EBT (Pre-Tax Income)	757.2M	791.0M	786.0M	806.9M	672.3M
Income Tax Expense	162.6M	206.5M	216.3M	144.7M	111.9M
Bottom Line
Net Income	545.0M	538.1M	519.5M	618.8M	490.1M
Earnings from Cont. Ops	594.6M	584.5M	569.7M	662.2M	560.4M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	545.0M	538.1M	519.5M	618.8M	490.1M
Per Share
Basic EPS	HK$0.33	HK$0.32	HK$0.31	HK$0.37	HK$0.30
Diluted EPS	HK$0.33	HK$0.32	HK$0.31	HK$0.37	HK$0.30
Revenue Per Share	HK$1.72	HK$1.72	HK$1.76	HK$1.75	HK$1.57
Shares
Basic Shares Outstanding	1.7B	1.7B	1.7B	1.7B	1.7B
Diluted Shares Outstanding	1.7B	1.7B	1.7B	1.7B	1.7B
Profitability Metrics
EBITDA	795.4M	1.2B	1.2B	1.3B	1.1B
D&A	—	360.4M	377.6M	385.8M	319.6M
EBIT	795.4M	796.5M	829.1M	921.2M	796.0M

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Jun 1, 2026