CGN Power Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	72,986	75,479	78,756	82,347	82,333	80,231
Other Revenue	217.57	217.57	188.2	201.35	489.16	447.91
Revenue	73,204	75,697	78,945	82,549	82,822	80,679
Revenue Growth (YoY)	-6.84%	-4.11%	-4.37%	-0.33%	2.66%	14.30%
Selling, General & Admin	2,941	2,898	2,727	2,705	2,467	2,505
Provision for Bad Debts	-35.08	-35.85	-153.11	199.47	132.19	26.64
Other Operating Expenses	49,297	50,822	49,007	52,704	54,869	53,099
Total Operating Expenses	54,170	55,601	54,023	58,028	59,338	57,384
Operating Income	19,034	20,096	24,922	24,521	23,484	23,295
Interest Expense	-4,664	-4,802	-5,525	-5,760	-6,466	-7,132
Interest Income	2,576	2,565	2,201	1,879	1,873	1,560
Net Interest Expense	-2,089	-2,237	-3,324	-3,881	-4,593	-5,572
Currency Exchange Gain (Loss)	83.83	83.83	147.01	-160.59	-297.38	607.81
Other Non-Operating Income (Expenses)	69.87	-14.98	-390.31	-17.41	-19.1	-16.91
EBT Excluding Unusual Items	17,099	17,927	21,355	20,462	18,575	18,314
Gain (Loss) on Sale of Investments	-21.79	6.32	-6.32	-9.64	55.55	-103.25
Gain (Loss) on Sale of Assets	8.98	22.85	11.39	3.89	6.23	0.08
Asset Writedown	-0.93	-0.93	-	-29.73	-17.04	-143.13
Other Unusual Items	647.43	647.18	267.89	104.07	80.64	98.01
Pretax Income	17,733	18,603	21,628	20,531	18,700	18,166
Income Tax Expense	3,674	3,872	4,159	3,485	3,459	2,442
Earnings From Continuing Ops.	14,059	14,731	17,468	17,046	15,242	15,724
Minority Interest in Earnings	-4,575	-4,966	-6,630	-6,321	-5,278	-5,960
Net Income	9,483	9,765	10,838	10,725	9,964	9,764
Net Income to Common	9,483	9,765	10,838	10,725	9,964	9,764
Net Income Growth	-7.53%	-9.90%	1.06%	7.63%	2.04%	2.11%
Shares Outstanding (Basic)	50,692	50,598	50,410	50,588	50,578	50,499
Shares Outstanding (Diluted)	51,443	50,861	50,410	50,588	50,578	50,499
Shares Change (YoY)	2.25%	0.90%	-0.35%	0.02%	0.16%	-
EPS (Basic)	0.19	0.19	0.21	0.21	0.20	0.19
EPS (Diluted)	0.18	0.19	0.21	0.21	0.20	0.19
EPS Growth	-9.57%	-10.70%	1.42%	7.61%	2.07%	2.12%
Free Cash Flow	-6,243	-4,086	5,573	18,874	19,529	20,470
Free Cash Flow Per Share	-0.12	-0.08	0.11	0.37	0.39	0.41
Dividend Per Share	0.086	0.086	0.095	0.094	0.087	0.084
Dividend Growth	-9.47%	-9.47%	1.06%	8.05%	3.57%	5.00%
Profit Margin	12.96%	12.90%	13.73%	12.99%	12.03%	12.10%
Free Cash Flow Margin	-8.53%	-5.40%	7.06%	22.86%	23.58%	25.37%
EBITDA	31,906	33,016	38,037	36,414	33,872	34,409
EBITDA Margin	43.59%	43.62%	48.18%	44.11%	40.90%	42.65%
D&A For EBITDA	12,872	12,921	13,115	11,893	10,388	11,114
EBIT	19,034	20,096	24,922	24,521	23,484	23,295
EBIT Margin	26.00%	26.55%	31.57%	29.70%	28.36%	28.87%
Effective Tax Rate	20.72%	20.81%	19.23%	16.97%	18.50%	13.44%
Revenue as Reported	73,204	75,697	78,945	82,549	82,822	80,679

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