China Yangtze Power Co., Ltd. (LON:CYPC)

China Yangtze Power Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	85,643	84,285	77,872	68,674	54,640	57,225
Other Revenue	207	207	271.27	189.44	1,006	558.05
Revenue	85,850	84,492	78,144	68,863	55,646	57,783
Revenue Growth (YoY)	9.50%	8.12%	13.48%	23.75%	-3.70%	15.86%
Operations & Maintenance	-	-	-	-	-	391.05
Selling, General & Admin	1,783	1,750	1,557	1,710	1,510	1,017
Provision for Bad Debts	30.97	32.45	2.4	6.95	11.73	1.53
Other Operating Expenses	36,725	36,507	34,598	31,026	22,233	22,360
Total Operating Expenses	39,423	39,181	36,946	32,833	23,795	23,809
Operating Income	46,428	45,311	41,197	36,030	31,852	33,974
Interest Expense	-10,947	-11,327	-12,742	-9,801	-4,803	-5,167
Interest Income	5,463	5,462	4,989	4,804	5,543	4,153
Net Interest Expense	-5,484	-5,865	-7,753	-4,997	740.08	-1,014
Currency Exchange Gain (Loss)	20.18	20.18	-18.77	47.86	-62.68	151.65
Other Non-Operating Income (Expenses)	-630.12	-614.99	-842.81	-642.32	-470.48	-511.07
EBT Excluding Unusual Items	40,334	38,851	32,583	30,439	32,058	32,601
Gain (Loss) on Sale of Investments	174.96	211.84	-162.88	-609.45	335.48	-172.89
Gain (Loss) on Sale of Assets	-9.61	-6.98	6.34	-52.13	13.91	21.82
Asset Writedown	-14.18	-14.18	-24.81	-13.38	-0.09	-
Other Unusual Items	-179.69	-179.69	22.8	2.32	1.6	6.08
Pretax Income	40,306	38,862	32,424	29,766	32,409	32,456
Income Tax Expense	6,164	5,932	4,457	4,664	5,924	5,949
Earnings From Continuing Ops.	34,142	32,930	27,967	25,102	26,485	26,506
Net Income to Company	34,142	32,930	27,967	25,102	26,485	26,506
Minority Interest in Earnings	-433.08	-434.03	-722.85	-1,376	-212.45	-208.37
Net Income	33,709	32,496	27,245	23,726	26,273	26,298
Net Income to Common	33,709	32,496	27,245	23,726	26,273	26,298
Net Income Growth	22.13%	19.28%	14.83%	-9.70%	-0.10%	22.07%
Shares Outstanding (Basic)	24,470	24,468	24,468	24,467	22,741	22,187
Shares Outstanding (Diluted)	24,470	24,468	24,468	24,467	22,741	22,187
Shares Change (YoY)	-0.80%	0.00%	0.00%	7.59%	2.50%	0.84%
EPS (Basic)	1.38	1.33	1.11	0.97	1.16	1.19
EPS (Diluted)	1.38	1.33	1.11	0.97	1.16	1.19
EPS Growth	23.13%	19.27%	14.83%	-16.06%	-2.53%	21.05%
Free Cash Flow	42,113	45,228	52,332	31,007	32,259	37,409
Free Cash Flow Per Share	1.72	1.85	2.14	1.27	1.42	1.69
Dividend Per Share	0.943	0.943	0.820	0.853	0.815	0.700
Dividend Growth	15.00%	15.00%	-3.90%	4.66%	16.47%	2.94%
Profit Margin	39.27%	38.46%	34.87%	34.45%	47.21%	45.51%
Free Cash Flow Margin	49.05%	53.53%	66.97%	45.03%	57.97%	64.74%
EBITDA	66,002	64,791	60,301	52,901	43,258	45,611
EBITDA Margin	76.88%	76.68%	77.17%	76.82%	77.74%	78.94%
D&A For EBITDA	19,574	19,480	19,103	16,871	11,407	11,637
EBIT	46,428	45,311	41,197	36,030	31,852	33,974
EBIT Margin	54.08%	53.63%	52.72%	52.32%	57.24%	58.79%
Effective Tax Rate	15.29%	15.27%	13.74%	15.67%	18.28%	18.33%
Revenue as Reported	85,850	84,492	78,144	68,863	55,646	57,783

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