Inner Mongolia MengDian HuaNeng Thermal Power Corporation Limited (SHA: 600863)

Inner Mongolia MengDian HuaNeng Thermal Power Corporation Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	22,014	22,344	23,021	18,953	15,316	14,445
Other Revenue	181.73	181.73	44.39	48.72	44.57	31.71
Revenue	22,196	22,525	23,066	19,001	15,361	14,477
Revenue Growth (YoY)	-4.30%	-2.34%	21.39%	23.70%	6.10%	5.34%
Selling, General & Admin	32.29	30.25	33.86	27.4	23.63	26.41
Provision for Bad Debts	-10.22	-10.22	169.07	-2.69	27.54	0.97
Other Operating Expenses	18,469	18,699	19,676	17,685	13,530	12,113
Total Operating Expenses	18,523	18,765	19,893	17,716	13,599	12,140
Operating Income	3,673	3,760	3,173	1,285	1,761	2,337
Interest Expense	-398.65	-398.65	-584.57	-747.06	-858.04	-872.53
Interest Income	480.05	196.76	193.45	9.83	337.43	332.51
Net Interest Expense	81.4	-201.89	-391.12	-737.23	-520.62	-540.01
Currency Exchange Gain (Loss)	-1.52	-1.52	-13.86	6.09	13.65	-4.11
Other Non-Operating Income (Expenses)	-485.13	-549.32	-1.85	-34.33	-15.32	-6.1
EBT Excluding Unusual Items	3,288	3,008	2,766	519.4	1,239	1,786
Gain (Loss) on Sale of Investments	-50.46	-	-	-48.26	1.98	-
Gain (Loss) on Sale of Assets	19.39	11.91	-8.16	-7.62	0.34	0.59
Asset Writedown	-567.38	-567.38	-413.45	-	-356.44	-283.13
Other Unusual Items	82.63	73.92	37.23	80.16	32.24	23.56
Pretax Income	2,772	2,526	2,381	543.68	916.91	1,528
Income Tax Expense	531.73	515.11	360.97	360.29	217.4	333.68
Earnings From Continuing Ops.	2,240	2,011	2,020	183.39	699.51	1,194
Minority Interest in Earnings	50.48	-6.02	-253.1	311.72	59.55	-89.78
Net Income	2,291	2,005	1,767	495.11	759.06	1,104
Preferred Dividends & Other Adjustments	142.76	112.82	121.45	136.97	-	-
Net Income to Common	2,148	1,892	1,646	358.14	759.06	1,104
Net Income Growth	10.06%	13.44%	256.97%	-34.77%	-31.25%	41.07%
Shares Outstanding (Basic)	6,511	6,524	6,584	5,969	6,901	6,494
Shares Outstanding (Diluted)	6,511	6,524	6,584	5,969	6,901	6,494
Shares Change (YoY)	0.47%	-0.90%	10.30%	-13.50%	6.25%	7.87%
EPS (Basic)	0.33	0.29	0.25	0.06	0.11	0.17
EPS (Diluted)	0.33	0.29	0.25	0.06	0.11	0.17
EPS Growth	9.09%	16.00%	316.67%	-45.45%	-35.29%	30.77%
Free Cash Flow	3,186	2,942	3,971	2,071	2,754	1,139
Free Cash Flow Per Share	0.49	0.45	0.60	0.35	0.40	0.18
Dividend Per Share	0.185	0.185	0.164	0.100	0.126	0.126
Dividend Growth	12.80%	12.80%	64.00%	-20.63%	0%	31.25%
Profit Margin	9.68%	8.40%	7.14%	1.88%	4.94%	7.63%
Free Cash Flow Margin	14.35%	13.06%	17.22%	10.90%	17.93%	7.87%
EBITDA	6,115	6,389	5,984	3,966	4,378	4,888
EBITDA Margin	27.55%	28.36%	25.94%	20.87%	28.50%	33.77%
D&A For EBITDA	2,442	2,629	2,811	2,681	2,617	2,552
EBIT	3,673	3,760	3,173	1,285	1,761	2,337
EBIT Margin	16.55%	16.69%	13.75%	6.76%	11.46%	16.14%
Effective Tax Rate	19.18%	20.39%	15.16%	66.27%	23.71%	21.84%
Revenue as Reported	16,506	22,525	23,066	19,001	15,361	14,477

Source: S&P Capital IQ. Utility template. Financial Sources.