Huadian Power International Corporation Limited (SHA:600027)

SHA:600027 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
Operating Revenue	112,994	117,176	105,960	102,912	91,578
Other Revenue	-	-	1,098	1,695	1,432
Revenue	112,994	117,176	107,059	104,608	93,010
Revenue Growth (YoY)	-3.57%	9.45%	2.34%	12.47%	-0.69%
Selling, General & Admin	1,797	1,668	1,639	1,807	1,844
Provision for Bad Debts	-7.62	-5.48	41.37	97.63	14.74
Other Operating Expenses	103,468	109,771	107,190	111,846	78,398
Total Operating Expenses	105,258	111,434	108,871	113,753	80,257
Operating Income	7,736	5,742	-1,812	-9,146	12,753
Interest Expense	-3,232	-3,634	-4,071	-4,250	-4,485
Interest Income	3,528	3,849	4,890	7,396	673.68
Net Interest Expense	295.81	215.37	818.39	3,146	-3,811
Currency Exchange Gain (Loss)	0.46	-6.44	-5.49	5.7	0.77
Other Non-Operating Income (Expenses)	434.75	217.07	25.56	-356.5	2.03
EBT Excluding Unusual Items	8,467	6,168	-973.5	-6,350	8,945
Impairment of Goodwill	-	-	-67.27	-423.2	-87.24
Gain (Loss) on Sale of Investments	37.31	-18.62	10.32	-37.23	-1.25
Gain (Loss) on Sale of Assets	399.25	104.87	82.15	259.74	8.87
Asset Writedown	-269.42	-573.01	-861.3	-2,584	-1,488
Other Unusual Items	230.34	129.06	659.81	683.59	267.32
Pretax Income	8,864	5,810	-1,150	-8,451	7,644
Income Tax Expense	2,029	1,002	-528.27	-1,672	1,420
Earnings From Continuing Ops.	6,836	4,808	-621.54	-6,779	6,224
Minority Interest in Earnings	-1,133	-285.88	737.82	1,797	-1,783
Net Income	5,703	4,522	116.28	-4,982	4,441
Preferred Dividends & Other Adjustments	971.84	1,007	900.88	1,023	917.86
Net Income to Common	4,731	3,515	-784.6	-6,006	3,523
Net Income Growth	26.11%	3789.00%	-	-	30.36%
Shares Outstanding (Basic)	10,284	10,042	9,807	9,845	9,787
Shares Outstanding (Diluted)	10,284	10,042	9,807	9,845	9,787
Shares Change (YoY)	2.42%	2.39%	-0.39%	0.59%	-16.69%
EPS (Basic)	0.46	0.35	-0.08	-0.61	0.36
EPS (Diluted)	0.46	0.35	-0.08	-0.61	0.36
EPS Growth	31.43%	-	-	-	24.14%
Free Cash Flow	7,269	2,763	-768.58	-19,652	7,305
Free Cash Flow Per Share	0.71	0.28	-0.08	-2.00	0.75
Dividend Per Share	0.210	0.150	0.200	0.250	0.250
Dividend Growth	40.00%	-25.00%	-20.00%	-	71.23%
Profit Margin	4.19%	3.00%	-0.73%	-5.74%	3.79%
Free Cash Flow Margin	6.43%	2.36%	-0.72%	-18.79%	7.85%
EBITDA	18,279	15,981	7,804	1,852	24,477
EBITDA Margin	16.18%	13.64%	7.29%	1.77%	26.32%
D&A For EBITDA	10,543	10,239	9,616	10,998	11,723
EBIT	7,736	5,742	-1,812	-9,146	12,753
EBIT Margin	6.85%	4.90%	-1.69%	-8.74%	13.71%
Effective Tax Rate	22.89%	17.25%	-	-	18.58%
Revenue as Reported	112,994	117,176	107,059	104,608	93,010

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