Beijing Jingneng Power Co., Ltd. (SHA:600578)

Beijing Jingneng 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	35,618	35,184	32,997	30,221	21,942	19,860
Other Revenue	243.91	243.91	256.15	264	298.28	237.69
Revenue	35,862	35,428	33,253	30,485	22,240	20,097
Revenue Growth (YoY)	5.08%	6.54%	9.08%	37.08%	10.66%	8.94%
Operations & Maintenance	-	-	-	-	-	4.63
Selling, General & Admin	1,212	1,180	1,048	943.71	836.14	728.82
Provision for Bad Debts	104.41	68.19	6.08	108.62	0.9	-
Other Operating Expenses	30,641	31,007	30,241	27,836	24,200	16,737
Total Operating Expenses	32,081	32,380	31,391	28,925	25,093	17,527
Operating Income	3,781	3,048	1,863	1,560	-2,853	2,570
Interest Expense	-1,293	-1,340	-1,366	-1,590	-1,617	-1,494
Interest Income	1,170	1,166	1,150	1,202	83.84	1,237
Net Interest Expense	-123.77	-173.47	-216.59	-387.41	-1,533	-256.95
Other Non-Operating Income (Expenses)	-290.37	-291.27	80.91	-18.04	414.39	-185.44
EBT Excluding Unusual Items	3,367	2,583	1,727	1,155	-3,971	2,128
Impairment of Goodwill	-	-	-	-	-	-254.61
Gain (Loss) on Sale of Assets	-4.02	-3.28	0.21	-23.7	109.2	-3.46
Asset Writedown	-253.12	-253.12	-518.23	-64.51	-	-
Insurance Settlements	-	-	-	-	1.48	-
Legal Settlements	-	-	-	-95.73	-	-
Other Unusual Items	32.2	32.29	59.79	82.33	-0.42	-2.57
Pretax Income	3,142	2,359	1,269	1,053	-3,861	1,867
Income Tax Expense	120.8	71.83	177.57	124.68	16.56	106.62
Earnings From Continuing Ops.	3,021	2,287	1,091	928.22	-3,878	1,761
Net Income to Company	3,021	2,287	1,091	928.22	-3,878	1,761
Minority Interest in Earnings	-697.28	-564.22	-210.06	-124.74	761.14	-364.53
Net Income	2,324	1,723	881.33	803.48	-3,116	1,396
Net Income to Common	2,324	1,723	881.33	803.48	-3,116	1,396
Net Income Growth	148.19%	95.52%	9.69%	-	-	1.80%
Shares Outstanding (Basic)	7,337	7,492	8,012	6,696	6,631	6,981
Shares Outstanding (Diluted)	7,337	7,492	8,012	6,696	6,631	6,981
Shares Change (YoY)	-10.97%	-6.49%	19.66%	0.98%	-5.02%	1.80%
EPS (Basic)	0.32	0.23	0.11	0.12	-0.47	0.20
EPS (Diluted)	0.32	0.23	0.11	0.12	-0.47	0.20
EPS Growth	178.78%	109.09%	-8.33%	-	-	-
Free Cash Flow	2,702	1,272	-3,472	1,598	-4,239	-227.65
Free Cash Flow Per Share	0.37	0.17	-0.43	0.24	-0.64	-0.03
Dividend Per Share	0.120	0.120	0.105	0.120	-	0.120
Dividend Growth	14.29%	14.29%	-12.50%	-	-	-
Profit Margin	6.48%	4.86%	2.65%	2.64%	-14.01%	6.95%
Free Cash Flow Margin	7.54%	3.59%	-10.44%	5.24%	-19.06%	-1.13%
EBITDA	7,120	6,399	5,259	4,832	70.36	5,571
EBITDA Margin	19.86%	18.06%	15.82%	15.85%	0.32%	27.72%
D&A For EBITDA	3,339	3,351	3,396	3,273	2,923	3,000
EBIT	3,781	3,048	1,863	1,560	-2,853	2,570
EBIT Margin	10.54%	8.60%	5.60%	5.12%	-12.83%	12.79%
Effective Tax Rate	3.84%	3.04%	13.99%	11.84%	-	5.71%
Revenue as Reported	35,862	35,428	33,253	30,485	22,240	20,097

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