Boer Power Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun '25 Jun 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Revenue	717.24	680.28	585.55	626.62	572.64	816.67
Revenue Growth (YoY)	19.94%	16.18%	-6.55%	9.43%	-29.88%	10.79%
Cost of Revenue	512.52	482.75	419.51	443.55	380.66	579.67
Gross Profit	204.72	197.52	166.04	183.07	191.98	237
Selling, General & Admin	168.23	147.51	150.95	139.41	151.78	221.93
Other Operating Expenses	-10.72	-9.4	-33.91	-3.6	-0.32	-5.41
Operating Expenses	158.52	139.11	119.93	137.01	156.43	161.13
Operating Income	46.2	58.41	46.11	46.07	35.55	75.86
Interest Expense	-19.68	-22.9	-30.34	-27.69	-27.41	-35.96
Interest & Investment Income	12.61	7.06	16.6	13.7	0.92	0.96
EBT Excluding Unusual Items	39.14	42.57	32.36	32.07	9.06	40.86
Gain (Loss) on Sale of Investments	-	-	-	-	2.14	0.69
Gain (Loss) on Sale of Assets	-	-3.7	0.31	0.02	94.69	1.3
Asset Writedown	-	-	-	-	-9.2	-
Pretax Income	39.14	38.87	32.67	32.09	96.68	42.85
Income Tax Expense	7.04	7.74	3.81	2	84.22	33.51
Earnings From Continuing Operations	32.1	31.13	28.86	30.09	12.46	9.33
Minority Interest in Earnings	-0.11	-0.08	0.04	0.14	-0.32	6.49
Net Income	31.99	31.05	28.9	30.23	12.14	15.82
Net Income to Common	31.99	31.05	28.9	30.23	12.14	15.82
Net Income Growth	9.23%	7.45%	-4.41%	148.98%	-23.27%	354.71%
Shares Outstanding (Basic)	771	769	769	759	757	749
Shares Outstanding (Diluted)	771	769	769	759	757	749
Shares Change (YoY)	0.29%	0.00%	1.34%	0.18%	1.07%	-
EPS (Basic)	0.04	0.04	0.04	0.04	0.02	0.02
EPS (Diluted)	0.04	0.04	0.04	0.04	0.02	0.02
EPS Growth	8.91%	7.45%	-5.67%	148.54%	-24.08%	354.75%
Free Cash Flow	16.7	165.8	224.69	193.28	370.09	332.1
Free Cash Flow Per Share	0.02	0.22	0.29	0.26	0.49	0.44
Dividend Per Share	0.011	0.011	-	-	-	-
Gross Margin	28.54%	29.04%	28.36%	29.22%	33.52%	29.02%
Operating Margin	6.44%	8.59%	7.87%	7.35%	6.21%	9.29%
Profit Margin	4.46%	4.56%	4.93%	4.82%	2.12%	1.94%
Free Cash Flow Margin	2.33%	24.37%	38.37%	30.84%	64.63%	40.66%
EBITDA	62.6	74.79	64.17	64.12	56.77	101.7
EBITDA Margin	8.73%	11.00%	10.96%	10.23%	9.91%	12.45%
D&A For EBITDA	16.4	16.39	18.06	18.05	21.22	25.84
EBIT	46.2	58.41	46.11	46.07	35.55	75.86
EBIT Margin	6.44%	8.59%	7.87%	7.35%	6.21%	9.29%
Effective Tax Rate	17.99%	19.91%	11.67%	6.22%	87.11%	78.22%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.