SDIC Power Holdings Co., Ltd (SHA: 600886)

SDIC Power Holdings 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	Sep 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	58,159	56,312	50,086	43,287	39,166	42,176
Other Revenue	399.51	399.51	403.67	478.91	153.88	257.72
Revenue	58,558	56,712	50,489	43,766	39,320	42,433
Revenue Growth (YoY)	6.73%	12.32%	15.36%	11.31%	-7.34%	3.47%
Operations & Maintenance	8.56	8.56	6.46	5.47	1.11	-
Selling, General & Admin	1,859	1,807	1,511	1,330	1,722	1,398
Provision for Bad Debts	174.21	146.55	-112.41	113.48	32.45	120.96
Other Operating Expenses	38,005	37,126	35,379	31,677	22,563	26,798
Total Operating Expenses	40,154	39,189	36,824	33,158	24,356	28,352
Operating Income	18,404	17,523	13,665	10,609	14,965	14,082
Interest Expense	-4,465	-4,612	-5,087	-4,396	-4,220	-4,874
Interest Income	1,901	1,359	729.98	247.47	1,445	1,165
Net Interest Expense	-2,564	-3,254	-4,357	-4,149	-2,775	-3,708
Currency Exchange Gain (Loss)	9.87	9.87	-4.16	-24.93	-14.53	10.08
Other Non-Operating Income (Expenses)	-127.48	-35.16	-12.07	-20.95	-57.1	-26
EBT Excluding Unusual Items	15,723	14,244	9,293	6,414	12,118	10,357
Gain (Loss) on Sale of Investments	-200.66	-201.68	21.75	-37.28	-179.65	-69.19
Gain (Loss) on Sale of Assets	25.72	3.71	19.54	18.64	0.64	1.39
Asset Writedown	-180.04	-31.92	-18.24	-32.65	-325.58	-100.88
Insurance Settlements	7.75	7.75	-	-	-	-
Legal Settlements	19.84	19.84	-	-	-	-
Other Unusual Items	173.37	173.37	117.43	222.85	96.12	128.58
Pretax Income	15,568	14,215	9,433	6,585	11,710	10,317
Income Tax Expense	2,447	2,055	1,753	1,372	1,933	1,586
Earnings From Continuing Ops.	13,121	12,160	7,680	5,213	9,776	8,731
Minority Interest in Earnings	-5,891	-5,455	-3,600	-2,757	-4,261	-3,976
Net Income	7,231	6,705	4,081	2,456	5,516	4,755
Net Income to Common	7,231	6,705	4,081	2,456	5,516	4,755
Net Income Growth	20.37%	64.31%	66.16%	-55.48%	15.99%	8.97%
Shares Outstanding (Basic)	7,655	7,659	7,825	7,606	7,099	7,092
Shares Outstanding (Diluted)	7,655	7,659	7,825	7,606	7,099	7,092
Shares Change (YoY)	-1.22%	-2.12%	2.88%	7.14%	0.09%	1.67%
EPS (Basic)	0.94	0.88	0.52	0.32	0.78	0.67
EPS (Diluted)	0.94	0.88	0.52	0.32	0.78	0.67
EPS Growth	21.86%	67.86%	61.51%	-58.44%	15.88%	7.18%
Free Cash Flow	2,768	1,016	6,758	5,354	10,553	10,310
Free Cash Flow Per Share	0.36	0.13	0.86	0.70	1.49	1.45
Dividend Per Share	0.495	0.495	0.275	0.164	0.280	0.245
Dividend Growth	79.93%	79.93%	68.20%	-41.61%	14.15%	9.02%
Profit Margin	12.35%	11.82%	8.08%	5.61%	14.03%	11.21%
Free Cash Flow Margin	4.73%	1.79%	13.38%	12.23%	26.84%	24.30%
EBITDA	28,349	27,312	23,247	19,164	22,144	21,610
EBITDA Margin	48.41%	48.16%	46.04%	43.79%	56.32%	50.93%
D&A For EBITDA	9,944	9,789	9,581	8,555	7,180	7,529
EBIT	18,404	17,523	13,665	10,609	14,965	14,082
EBIT Margin	31.43%	30.90%	27.07%	24.24%	38.06%	33.18%
Effective Tax Rate	15.72%	14.46%	18.58%	20.84%	16.51%	15.37%
Revenue as Reported	58,558	56,712	50,489	43,766	39,320	42,433

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