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CONSOLIDATED COMPREHENSIVE INCOME STATEMENT
$ in Thousands
12 Months Ended
Dec. 31, 2020
CNY (¥)
¥ / $
¥ / shares
Dec. 31, 2020
USD ($)
¥ / $
$ / shares
Dec. 31, 2019
CNY (¥)
¥ / shares
Dec. 31, 2018
CNY (¥)
¥ / shares
Revenue        
Total revenue ¥ 16,349,366,000 $ 2,505,650 [1] ¥ 21,178,351,000 ¥ 19,828,018,000
Operating expenses        
Employee benefits (7,684,435,000)   (8,078,943,000) (7,446,415,000)
Materials and supplies (1,296,779,000)   (1,736,886,000)  
Depreciation of right-of-use assets (65,511,000)   (65,324,000)  
Depreciation of fixed assets (1,662,179,000)   (1,637,298,000) (1,609,743,000)
Amortization of leasehold land payments 0   0 (55,782,000)
Total operating expenses (18,186,790,000) (2,787,248) [1] (20,076,414,000) (18,658,213,000)
Derecognition of land use right 1,188,645,000 182,168 [1] 0 0
Reversal of impairment losses on financial assets, net 358,000 55 [1] 0 1,061,000
Other losses - net (3,841,000) (589) [1] (29,096,000) (108,613,000)
Operating profit/(loss) (652,262,000) (99,964) [1] 1,072,841,000 1,062,253,000
Finance costs-net (60,645,000) (9,294) [1] (56,710,000) (630,000)
Share of results of associates, net of tax 22,162,000 3,396 [1] (7,039,000) 7,177,000
Profit/(Loss) before income tax (690,745,000) (105,862) [1] 1,009,092,000 1,068,800,000
Income tax (expense)/credit 132,645,000 20,329 [1] (261,128,000) (289,766,000)
Profit/(Loss) for the year (558,100,000) (85,533) [1] 747,964,000 779,034,000
Other comprehensive income 0 0 0 0
Total comprehensive income for the year, net of tax (558,100,000) (85,533) [1] 747,964,000 779,034,000
Profit/(Loss) attributable to:        
Equity holders of the Company (557,876,000) (85,498) [1] 748,439,000 784,059,000
Non-controlling interests (224,000) (35) [1] (475,000) (5,025,000)
Profit/(Loss) for the year (558,100,000) (85,533) [1] 747,964,000 779,034,000
Total comprehensive income attributable to:        
Equity holders of the Company (557,876,000) (85,498) [1] 748,439,000 784,059,000
Non-controlling interests (224,000) (35) [1] (475,000) (5,025,000)
Total comprehensive income for the year, net of tax ¥ (558,100,000) $ (85,533) [1] ¥ 747,964,000 ¥ 779,034,000
Earnings/(Loss) per share for profit attributable to the equity holders of the Company during the year        
Basic and diluted | (per share) ¥ (0.08) $ (0.01) [1] ¥ 0.11 ¥ 0.11
Earnings/(Loss) per equivalent ADS        
Basic and diluted | (per share) ¥ (3.94) $ (0.60) [1] ¥ 5.28 ¥ 5.53
Closing foreign exchange rate | ¥ / $ 6.5250 6.5250    
Railroad business [member]        
Revenue        
Passenger ¥ 4,114,522,000 $ 630,578 [1] ¥ 8,009,590,000 ¥ 8,108,384,000
Freight 1,698,576,000 260,318 [1] 2,112,596,000 1,849,360,000
Railway network usage and other transportation related services 9,572,330,000 1,467,024 [1] 9,903,382,000 8,865,635,000
Total revenue 15,385,428,000 2,357,920 [1] 20,025,568,000 18,823,379,000
Operating expenses        
Business tax and surcharge (29,443,000) (4,512) [1] (55,127,000) (16,242,000)
Employee benefits (7,185,147,000) (1,101,172) [1] (7,507,439,000) (6,912,390,000)
Equipment usage and related services charges (4,971,366,000) (761,895) [1] (5,715,665,000) (5,370,634,000)
Land use right leases 0 0 0 (58,490,000)
Materials and supplies (1,064,667,000) (163,167) [1] (1,416,128,000) (1,342,344,000)
Repair and facilities maintenance costs, excluding materials and supplies (1,147,603,000) (175,878) [1] (1,073,731,000) (917,898,000)
Depreciation of right-of-use assets (54,179,000) (8,303) [1] (53,992,000) 0
Depreciation of fixed assets (1,631,331,000) (250,012) [1] (1,612,683,000) (1,581,685,000)
Cargo logistics and outsourcing service charges (462,708,000) (70,913) [1] (220,113,000) (171,390,000)
Amortization of leasehold land payments 0 0 0 (44,450,000)
Utility and office expenses (88,731,000) (13,599) [1] (137,117,000) (98,820,000)
Others (607,130,000) (93,047) [1] (1,150,190,000) (1,095,845,000)
Total operating expenses (17,242,305,000) (2,642,498) [1] (18,942,185,000) (17,610,188,000)
Other businesses [member]        
Revenue        
Total revenue 963,938,000 147,730 [1] 1,152,783,000 1,004,639,000
Operating expenses        
Employee benefits (499,288,000) (76,519) [1] (571,504,000) (534,025,000)
Materials and supplies (232,112,000) (35,573) [1] (320,748,000) (315,983,000)
Depreciation of right-of-use assets (11,332,000) (1,737) [1] (11,332,000) 0
Depreciation of fixed assets (30,848,000) (4,728) [1] (24,615,000) (28,058,000)
Amortization of leasehold land payments 0 0 0 (11,332,000)
Utility and office expenses (42,933,000) (6,580) [1] (82,550,000) (53,759,000)
Others (127,972,000) (19,613) [1] (123,480,000) (104,868,000)
Total operating expenses ¥ (944,485,000) $ (144,750) [1] ¥ (1,134,229,000) ¥ (1,048,025,000)
[1] Translation of amounts from Renminbi ("RMB") into United States dollars ("US$") for the convenience of the reader has been made at US$1.00=RMB6.5250, the certified exchange rates for December 31, 2020 as published by the Federal Reserve Board of the United States. No representation is made that the RMB amounts could have been, or could be, converted into US$ at that rate on December 31, 2020 or on any other date.