Zhongmin Energy Co., Ltd. (SHA:600163)

Zhongmin Energy 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,689	1,713	1,694	1,767	1,547	1,248
Other Revenue	28.16	28.1	38.12	24.4	12.67	4.33
Revenue	1,717	1,741	1,732	1,791	1,559	1,252
Revenue Growth (YoY)	-0.09%	0.54%	-3.30%	14.84%	24.56%	74.42%
Operations & Maintenance	-	-	-	-	-	0.25
Selling, General & Admin	79.17	77.19	70.7	73.14	70.57	64.26
Provision for Bad Debts	14.75	15.44	-25.26	13.69	28.64	15.98
Other Operating Expenses	686.19	712.46	722.52	654.84	516.56	396.9
Total Operating Expenses	780.77	807.38	768.08	741.66	615.77	477.39
Operating Income	936.33	933.83	963.73	1,049	943.73	774.62
Interest Expense	-86.06	-96.6	-114.94	-150.48	-180.63	-152.36
Interest Income	18.43	14.44	11.87	14.55	15.94	17.64
Net Interest Expense	-67.63	-82.16	-103.07	-135.94	-164.69	-134.72
Other Non-Operating Income (Expenses)	-0.23	-0.09	-0.11	-0.05	-0.05	-0.06
EBT Excluding Unusual Items	868.47	851.58	860.55	913.28	778.98	639.83
Gain (Loss) on Sale of Investments	11.71	22.58	20.29	3.05	0.84	-2.93
Gain (Loss) on Sale of Assets	-1.44	-1.42	0.66	-0	-0.6	-6.43
Asset Writedown	-49.21	-49.21	-19.3	-	-0.23	-23.35
Other Unusual Items	-2.39	-2.25	-0.06	0.33	0.06	-1.45
Pretax Income	827.13	821.27	862.15	916.65	779.05	605.66
Income Tax Expense	167.35	129.27	139.57	131.92	42.13	70.62
Earnings From Continuing Ops.	659.79	692	722.58	784.73	736.92	535.05
Minority Interest in Earnings	-36.26	-40.86	-44.11	-55.89	-55.4	-49.16
Net Income	623.53	651.15	678.47	728.84	681.52	485.89
Net Income to Common	623.53	651.15	678.47	728.84	681.52	485.89
Net Income Growth	-10.17%	-4.03%	-6.91%	6.94%	40.26%	151.95%
Shares Outstanding (Basic)	1,877	1,903	1,903	1,903	1,753	1,689
Shares Outstanding (Diluted)	1,877	1,903	1,903	1,903	1,828	1,820
Shares Change (YoY)	-1.27%	-0.02%	0.01%	4.12%	0.39%	7.80%
EPS (Basic)	0.33	0.34	0.36	0.38	0.39	0.29
EPS (Diluted)	0.33	0.34	0.36	0.38	0.37	0.27
EPS Growth	-9.01%	-4.01%	-6.92%	2.71%	39.72%	133.71%
Free Cash Flow	649.79	738.52	936.39	1,058	257.34	-95.3
Free Cash Flow Per Share	0.35	0.39	0.49	0.56	0.14	-0.05
Dividend Per Share	0.083	0.103	0.050	0.100	-	-
Dividend Growth	18.57%	106.00%	-50.00%	-	-	-
Profit Margin	36.31%	37.40%	39.18%	40.70%	43.70%	38.81%
Free Cash Flow Margin	37.84%	42.42%	54.07%	59.10%	16.50%	-7.61%
EBITDA	1,435	1,435	1,466	1,542	1,353	1,083
EBITDA Margin	83.57%	82.41%	84.62%	86.09%	86.78%	86.52%
D&A For EBITDA	498.66	501.16	501.8	492.51	409.66	308.58
EBIT	936.33	933.83	963.73	1,049	943.73	774.62
EBIT Margin	54.53%	53.63%	55.65%	58.59%	60.51%	61.87%
Effective Tax Rate	20.23%	15.74%	16.19%	14.39%	5.41%	11.66%
Revenue as Reported	1,717	1,741	1,732	1,791	1,559	1,252

Updated Jun 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.