Qian Jiang Water Resources Development Co.,Ltd (SHA:600283)

SHA:600283 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	2,232	2,155	1,769	1,466	1,245
Other Revenue	89.85	67.09	57.92	72.75	70.31
Revenue	2,322	2,222	1,827	1,539	1,315
Revenue Growth (YoY)	4.49%	21.61%	18.77%	16.99%	11.93%
Operations & Maintenance	32.85	45.04	39.69	42.95	24.84
Selling, General & Admin	411.54	361.57	321.28	281.51	247.46
Provision for Bad Debts	-30.4	2.04	-1.37	3.58	5.24
Other Operating Expenses	1,483	1,536	1,152	940.93	817.5
Total Operating Expenses	1,940	1,956	1,517	1,274	1,102
Operating Income	381.92	266.58	310.43	264.34	213.45
Interest Expense	-87.41	-50.5	-52.55	-46.59	-51.31
Interest Income	14.98	71.62	11.43	15.55	30.63
Net Interest Expense	-72.43	21.12	-41.13	-31.03	-20.67
Currency Exchange Gain (Loss)	-0.54	-0.68	-3.4	1.19	2.88
Other Non-Operating Income (Expenses)	-1.73	0.1	-1.42	-1.09	-2.22
EBT Excluding Unusual Items	307.23	287.12	264.48	233.4	193.43
Gain (Loss) on Sale of Investments	-	-	-9.51	-	-
Gain (Loss) on Sale of Assets	-1.27	12.19	-2.72	-7.76	1.72
Asset Writedown	-	-	-	-1.02	-12.24
Other Unusual Items	69.65	60.6	61.86	49.8	53.39
Pretax Income	375.62	359.91	314.12	274.42	236.3
Income Tax Expense	90.01	77.89	70.35	70.45	50.12
Earnings From Continuing Ops.	285.61	282.02	243.77	203.97	186.17
Net Income to Company	285.61	282.02	243.77	203.97	186.17
Minority Interest in Earnings	-70.37	-76.46	-71.34	-53.22	-47.56
Net Income	215.24	205.56	172.42	150.76	138.61
Net Income to Common	215.24	205.56	172.42	150.76	138.61
Net Income Growth	4.71%	19.22%	14.37%	8.76%	221.11%
Shares Outstanding (Basic)	501	496	493	491	498
Shares Outstanding (Diluted)	501	496	493	491	498
Shares Change (YoY)	0.89%	0.71%	0.35%	-1.33%	-1.22%
EPS (Basic)	0.43	0.41	0.35	0.31	0.28
EPS (Diluted)	0.43	0.41	0.35	0.31	0.28
EPS Growth	3.79%	18.37%	13.97%	10.23%	225.09%
Free Cash Flow	-186.09	-286.47	423.7	-32.35	-123.58
Free Cash Flow Per Share	-0.37	-0.58	0.86	-0.07	-0.25
Dividend Per Share	0.250	0.143	0.107	0.107	0.107
Dividend Growth	74.95%	33.43%	-	-	-
Profit Margin	9.27%	9.25%	9.44%	9.80%	10.54%
Free Cash Flow Margin	-8.01%	-12.89%	23.19%	-2.10%	-9.40%
EBITDA	706.99	520.99	549.02	466.35	402.39
EBITDA Margin	30.45%	23.45%	30.04%	30.31%	30.60%
D&A For EBITDA	325.06	254.41	238.59	202.01	188.94
EBIT	381.92	266.58	310.43	264.34	213.45
EBIT Margin	16.45%	12.00%	16.99%	17.18%	16.23%
Effective Tax Rate	23.96%	21.64%	22.40%	25.67%	21.21%
Revenue as Reported	2,322	2,222	1,827	1,539	1,315

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.