CGN Power Co., Ltd. (HKG: 1816)

CGN Power Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	84,775	82,347	82,333	80,231	70,157	60,589
Other Revenue	201.35	201.35	489.16	447.91	427.98	285.93
Revenue	84,976	82,549	82,822	80,679	70,585	60,875
Revenue Growth (YoY)	0.86%	-0.33%	2.66%	14.30%	15.95%	19.77%
Selling, General & Admin	2,663	2,705	2,467	2,505	2,464	2,658
Provision for Bad Debts	-11.18	199.47	132.19	26.64	219.63	9.88
Other Operating Expenses	55,951	52,704	54,869	53,099	43,013	34,111
Total Operating Expenses	60,866	58,028	59,338	57,384	47,232	38,263
Operating Income	24,110	24,521	23,484	23,295	23,352	22,612
Interest Expense	-5,631	-5,760	-6,466	-7,132	-8,046	-7,997
Interest Income	2,098	1,879	1,873	1,560	1,341	1,646
Net Interest Expense	-3,533	-3,881	-4,593	-5,572	-6,704	-6,351
Currency Exchange Gain (Loss)	-160.59	-160.59	-297.38	607.81	54.23	0.63
Other Non-Operating Income (Expenses)	273.15	-17.41	-19.1	-16.91	-32.69	6.14
EBT Excluding Unusual Items	20,690	20,462	18,575	18,314	16,670	16,268
Gain (Loss) on Sale of Investments	-5.07	-9.64	55.55	-103.25	5.27	4.47
Gain (Loss) on Sale of Assets	12.02	3.89	6.23	0.08	-1.29	-0.16
Asset Writedown	-34.92	-29.73	-17.04	-143.13	-	-
Other Unusual Items	74.71	104.07	80.64	98.01	176.48	282.79
Pretax Income	20,737	20,531	18,700	18,166	16,850	16,555
Income Tax Expense	3,500	3,485	3,459	2,442	1,974	1,770
Earnings From Continuing Ops.	17,237	17,046	15,242	15,724	14,876	14,785
Minority Interest in Earnings	-6,228	-6,321	-5,278	-5,960	-5,313	-5,320
Net Income	11,008	10,725	9,964	9,764	9,562	9,466
Net Income to Common	11,008	10,725	9,964	9,764	9,562	9,466
Net Income Growth	1.24%	7.64%	2.04%	2.11%	1.02%	8.77%
Shares Outstanding (Basic)	50,592	50,588	50,578	50,499	50,499	47,132
Shares Outstanding (Diluted)	50,592	50,588	50,578	50,499	50,499	47,132
Shares Change (YoY)	0.02%	0.02%	0.16%	-	7.14%	3.44%
EPS (Basic)	0.22	0.21	0.20	0.19	0.19	0.20
EPS (Diluted)	0.22	0.21	0.20	0.19	0.19	0.20
EPS Growth	1.22%	7.61%	2.07%	2.12%	-5.89%	5.15%
Free Cash Flow	17,085	18,874	19,529	20,470	16,652	14,940
Free Cash Flow Per Share	0.34	0.37	0.39	0.41	0.33	0.32
Dividend Per Share	0.094	0.094	0.087	0.084	0.080	0.076
Dividend Growth	8.05%	8.05%	3.57%	5.00%	5.26%	5.56%
Profit Margin	12.95%	12.99%	12.03%	12.10%	13.55%	15.55%
Free Cash Flow Margin	20.11%	22.86%	23.58%	25.37%	23.59%	24.54%
EBITDA	36,651	36,139	33,872	34,409	34,155	32,533
EBITDA Margin	43.13%	43.78%	40.90%	42.65%	48.39%	53.44%
D&A For EBITDA	12,540	11,618	10,388	11,114	10,803	9,921
EBIT	24,110	24,521	23,484	23,295	23,352	22,612
EBIT Margin	28.37%	29.70%	28.35%	28.87%	33.08%	37.14%
Effective Tax Rate	16.88%	16.97%	18.50%	13.44%	11.72%	10.69%
Revenue as Reported	84,976	82,549	82,822	80,679	70,585	60,875

Source: S&P Capital IQ. Utility template. Financial Sources.