Beijing-Shanghai High-Speed Railway revenue and financials

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Close · September 30, 2026

In the fiscal year ended December 2025, Beijing-Shanghai High-Speed Railway reported revenue of ¥43.06B (+2.15% year over year). Net income was ¥13.17B, a net margin of 30.6%.

Annual revenue · 2025: ¥43.06B
  1. ¥19.34B2022
  2. ¥40.68B2023
  3. ¥42.16B2024
  4. ¥43.06B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+2.15%
2025 vs 2024
Net income growth
+3.16%
2025 vs 2024
Net margin
30.6%
2024: 30.3%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Income statement · Annual
Item20252024202320222021
Total revenue43,06242,15740,68319,336—
Cost of revenue22,87422,17922,05216,718—
Gross profit20,18819,97818,6312,618—
Selling, general and administrative40.330.323.917.7—
Research and development14.810.911.24.6—
Operating income19,10718,89517,6791,858—
EBIT19,26019,06417,8962,049—
EBITDA24,91624,92123,8217,995—
Interest expense1,5861,9512,5873,094—
Pre-tax income17,67317,11315,309-1,045—
Income tax4,4694,4424,102507—
Net income13,17212,76811,546-576—
Net income to common shareholders13,17212,76811,546-576—
Basic EPS0.270.260.24-0.01—
Diluted EPS0.270.260.24-0.01—
Average shares (basic)48,96649,10949,10949,250—
Average shares (diluted)48,96649,10949,10949,250—