上海电气 (601727.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	128.8B	126.7B	116.2B	114.8B	117.6B
Cost of Revenue	105.6B	103.9B	94.5B	94.5B	98.5B
Gross Profit	23.1B	22.8B	21.7B	20.3B	19.1B
Operating Expenses
R&D Expense	6.4B	6.2B	5.7B	5.4B	5.0B
SG&A Expense	—	—	—	—	—
General & Admin Expense	8.5B	8.4B	8.0B	8.0B	8.2B
Selling & Marketing Expense	3.3B	3.3B	2.9B	2.8B	3.9B
Other Expenses	—	—	—	—	—
Total Operating Expenses	20.0B	19.6B	17.8B	18.0B	19.0B
Cost and Expenses	125.6B	123.5B	112.4B	112.6B	117.5B
Operating Income (EBIT)	5.0B	4.9B	3.7B	3.9B	(2.0B)
Non-Operating
Interest Income	692.1M	717.0M	726.4M	576.5M	637.0M
Interest Expense	65.0M	72.8M	98.3M	86.5M	87.2M
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	5.0B	5.0B	3.7B	3.8B	(2.0B)
Income Tax Expense	1.9B	1.9B	1.0B	1.1B	337.7M
Bottom Line
Net Income	1.3B	1.2B	752.5M	803.3M	(3.6B)
Earnings from Cont. Ops	3.1B	3.1B	2.7B	2.7B	(2.3B)
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	1.3B	1.2B	752.5M	803.3M	(3.6B)
Per Share
Basic EPS	CN¥0.08	CN¥0.08	CN¥0.05	CN¥0.05	(CN¥0.23)
Diluted EPS	CN¥0.08	CN¥0.08	CN¥0.05	CN¥0.05	(CN¥0.23)
Revenue Per Share	CN¥8.29	CN¥8.19	CN¥7.41	CN¥7.43	CN¥7.52
Shares
Basic Shares Outstanding	15.5B	15.5B	15.7B	15.4B	15.6B
Diluted Shares Outstanding	15.5B	15.5B	15.7B	15.4B	15.6B
Profitability Metrics
EBITDA	—	7.9B	6.5B	7.2B	811.4M
D&A	—	3.0B	2.8B	3.4B	2.8B
EBIT	—	—	—	—	—

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 Mar 1, 2026