Beijing Enterprises Water Group Limited (BJWTF)

BJWTF Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Revenue	24,270	24,519	21,485	22,713	21,355
Revenue Growth (YoY)	-1.01%	14.12%	-5.41%	6.36%	-15.27%
Operations & Maintenance	316.3	293.1	-	224.02	176.01
Selling, General & Admin	3,070	3,317	2,973	2,573	2,127
Other Operating Expenses	15,441	15,167	13,212	13,725	13,089
Total Operating Expenses	18,827	18,777	16,185	16,522	15,392
Operating Income	5,443	5,742	5,300	6,191	5,962
Interest Expense	-3,035	-3,223	-2,711	-2,188	-2,126
Interest Income	793.04	888.24	991.42	916.85	619.52
Net Interest Expense	-2,242	-2,335	-1,720	-1,271	-1,507
Income (Loss) on Equity Investments	573.25	645.03	665.46	749.32	892.95
Currency Exchange Gain (Loss)	-	-	36.78	-	-
Other Non-Operating Income (Expenses)	-55.02	-37.73	-34.18	-27.1	-20.43
EBT Excluding Unusual Items	3,719	4,014	4,248	5,643	5,328
Gain (Loss) on Sale of Investments	-	0.12	-1,146	-	109.4
Gain (Loss) on Sale of Assets	-	12.44	-	4.7	6.22
Asset Writedown	-	-	-	-	0.63
Other Unusual Items	-	1.59	163.17	-	19.53
Pretax Income	3,719	4,028	3,265	5,647	5,464
Income Tax Expense	812.08	964.11	930.29	1,193	1,051
Earnings From Continuing Ops.	2,907	3,064	2,335	4,455	4,413
Minority Interest in Earnings	-1,096	-1,076	-1,061	-863.97	-694.59
Net Income	1,811	1,988	1,274	3,591	3,718
Preferred Dividends & Other Adjustments	243.69	162.94	131.72	211.84	220.43
Net Income to Common	1,568	1,825	1,142	3,379	3,498
Net Income Growth	-8.90%	56.06%	-64.52%	-3.43%	-19.40%
Shares Outstanding (Basic)	10,028	10,009	10,082	10,013	9,993
Shares Outstanding (Diluted)	10,028	10,021	10,090	10,073	10,084
Shares Change (YoY)	0.07%	-0.68%	0.16%	-0.10%	0.46%
EPS (Basic)	0.16	0.18	0.11	0.34	0.35
EPS (Diluted)	0.16	0.18	0.11	0.34	0.35
EPS Growth	-14.17%	60.94%	-66.27%	-3.24%	-20.93%
Free Cash Flow	-	1,210	1,935	-1,684	-3,724
Free Cash Flow Per Share	-	0.12	0.19	-0.17	-0.37
Dividend Per Share	0.151	0.143	0.139	0.128	0.136
Dividend Growth	6.16%	2.62%	8.58%	-6.24%	-17.52%
Profit Margin	6.46%	7.45%	5.32%	14.88%	16.38%
Free Cash Flow Margin	-	4.93%	9.01%	-7.41%	-17.44%
EBITDA	6,955	7,254	6,376	6,843	6,448
EBITDA Margin	28.66%	29.58%	29.68%	30.13%	30.19%
D&A For EBITDA	1,512	1,512	1,076	651.94	485.12
EBIT	5,443	5,742	5,300	6,191	5,962
EBIT Margin	22.43%	23.42%	24.67%	27.26%	27.92%
Effective Tax Rate	21.84%	23.93%	28.49%	21.12%	19.24%

Updated Aug 28, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.