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

Beijing Jingneng Power 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	35,428	32,622	30,221	21,942	19,860
Other Revenue	-	256.15	264	298.28	237.69
Revenue	35,428	32,878	30,485	22,240	20,097
Revenue Growth (YoY)	7.76%	7.85%	37.08%	10.66%	8.94%
Operations & Maintenance	-	-	-	-	4.63
Selling, General & Admin	1,180	1,036	943.71	836.14	728.82
Provision for Bad Debts	-	6.08	108.62	0.9	-
Other Operating Expenses	30,969	29,899	27,836	24,200	16,737
Total Operating Expenses	32,273	31,037	28,925	25,093	17,527
Operating Income	3,155	1,840	1,560	-2,853	2,570
Interest Expense	-	-1,350	-1,590	-1,617	-1,494
Interest Income	-	1,150	1,202	83.84	1,237
Net Interest Expense	-	-200.93	-387.41	-1,533	-256.95
Income (Loss) on Equity Investments	1,139	-	-	-	-
Other Non-Operating Income (Expenses)	-1,682	-11.89	-18.04	414.39	-185.44
EBT Excluding Unusual Items	2,612	1,628	1,155	-3,971	2,128
Impairment of Goodwill	-	-	-	-	-254.61
Gain (Loss) on Sale of Assets	0.68	0.21	-23.7	109.2	-3.46
Asset Writedown	-253.2	-518.23	-64.51	-	-
Insurance Settlements	-	-	-	1.48	-
Legal Settlements	-	-	-95.73	-	-
Other Unusual Items	-	151.68	82.33	-0.42	-2.57
Pretax Income	2,359	1,261	1,053	-3,861	1,867
Income Tax Expense	71.83	175.94	124.68	16.56	106.62
Earnings From Continuing Ops.	2,287	1,085	928.22	-3,878	1,761
Net Income to Company	2,287	1,085	928.22	-3,878	1,761
Minority Interest in Earnings	-564.22	-207.1	-124.74	761.14	-364.53
Net Income	1,723	878.25	803.48	-3,116	1,396
Net Income to Common	1,723	878.25	803.48	-3,116	1,396
Net Income Growth	96.21%	9.31%	-	-	1.80%
Shares Outstanding (Basic)	7,492	7,984	6,696	6,631	6,981
Shares Outstanding (Diluted)	7,492	7,984	6,696	6,631	6,981
Shares Change (YoY)	-6.16%	19.24%	0.98%	-5.02%	1.80%
EPS (Basic)	0.23	0.11	0.12	-0.47	0.20
EPS (Diluted)	0.23	0.11	0.12	-0.47	0.20
EPS Growth	109.09%	-8.33%	-	-	-
Free Cash Flow	1,272	-2,142	1,598	-4,239	-227.65
Free Cash Flow Per Share	0.17	-0.27	0.24	-0.64	-0.03
Dividend Per Share	-	0.105	0.120	-	0.120
Dividend Growth	-	-12.50%	-	-	-
Profit Margin	4.86%	2.67%	2.64%	-14.01%	6.95%
Free Cash Flow Margin	3.59%	-6.51%	5.24%	-19.06%	-1.13%
EBITDA	6,529	5,187	4,832	70.36	5,571
EBITDA Margin	18.43%	15.78%	15.85%	0.32%	27.72%
D&A For EBITDA	3,374	3,347	3,273	2,923	3,000
EBIT	3,155	1,840	1,560	-2,853	2,570
EBIT Margin	8.91%	5.60%	5.12%	-12.83%	12.79%
Effective Tax Rate	3.04%	13.95%	11.84%	-	5.71%
Revenue as Reported	-	32,878	30,485	22,240	20,097

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