SDIC Power Holdings Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	50,742	52,571	57,529	56,312	50,086	43,287
Other Revenue	461.67	443.32	290.06	399.51	403.67	478.91
Revenue	51,203	53,014	57,819	56,712	50,489	43,766
Revenue Growth	-9.24%	-8.31%	1.95%	12.32%	15.36%	11.31%
Operations & Maintenance	10.58	10.58	6.64	8.56	6.46	5.47
Selling, General & Admin	2,000	2,083	1,948	1,807	1,511	1,330
Provision for Bad Debts	33.91	67.38	174.61	146.55	-112.41	113.48
Other Operating Expenses	32,240	32,645	37,222	37,126	35,379	31,677
Total Operating Expenses	34,449	35,002	39,521	39,189	36,824	33,158
Operating Income	16,755	18,012	18,298	17,523	13,665	10,609
Interest Expense	-3,880	-4,092	-4,368	-4,612	-5,087	-4,396
Interest Income	2,371	2,436	2,098	1,359	729.98	247.47
Net Interest Expense	-1,510	-1,656	-2,270	-3,254	-4,357	-4,149
Currency Exchange Gain (Loss)	-18.15	-12.74	-17.05	9.87	-4.16	-24.93
Other Non-Operating Income (Expenses)	-36.98	-26.23	-46.02	94.42	-12.07	-20.95
EBT Excluding Unusual Items	15,190	16,317	15,965	14,374	9,293	6,414
Impairment of Goodwill	-39.82	-39.82	-	-	-	-
Gain (Loss) on Sale of Investments	-0.45	4.51	-149.22	-201.68	21.75	-37.28
Gain (Loss) on Sale of Assets	4.85	15.47	-65.3	3.71	19.54	18.64
Asset Writedown	-36.98	-43.59	-27.66	-31.92	-18.24	-32.65
Insurance Settlements	10.54	4.06	0.23	7.75	-	-
Legal Settlements	8.14	8.14	-	19.84	-	-
Other Unusual Items	99.93	52.74	-17.07	43.8	117.43	222.85
Pretax Income	15,236	16,318	15,706	14,215	9,433	6,585
Income Tax Expense	2,336	2,857	3,681	2,055	1,753	1,372
Earnings From Continuing Ops.	12,900	13,461	12,025	12,160	7,680	5,213
Minority Interest in Earnings	-5,766	-6,067	-5,382	-5,455	-3,600	-2,757
Net Income	7,134	7,393	6,643	6,705	4,081	2,456
Preferred Dividends & Other Adjustments	140.5	140.5	180.64	-	-	-
Net Income to Common	6,994	7,253	6,462	6,705	4,081	2,456
Net Income Growth	7.38%	12.23%	-3.62%	64.31%	66.16%	-55.47%
Shares Outstanding (Basic)	8,012	7,913	7,454	7,659	7,825	7,606
Shares Outstanding (Diluted)	8,012	7,913	7,454	7,659	7,825	7,606
Shares Change	5.16%	6.15%	-2.68%	-2.12%	2.88%	7.14%
EPS (Basic)	0.87	0.92	0.87	0.88	0.52	0.32
EPS (Diluted)	0.87	0.92	0.87	0.88	0.52	0.32
EPS Growth	2.12%	5.73%	-0.97%	67.86%	61.50%	-58.44%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	8,263	10,131	2,891	1,016	6,758	5,354
Free Cash Flow Per Share	1.03	1.28	0.39	0.13	0.86	0.70
Dividend Per Share	0.508	0.508	0.457	0.495	0.275	0.164
Dividend Growth	11.30%	11.30%	-7.74%	79.93%	68.20%	-41.61%
Profit Margin	13.66%	13.68%	11.18%	11.82%	8.08%	5.61%
Free Cash Flow Margin	16.14%	19.11%	5.00%	1.79%	13.38%	12.23%
EBITDA	27,252	28,390	28,601	27,348	23,247	19,164
EBITDA Margin	53.22%	53.55%	49.47%	48.22%	46.04%	43.79%
D&A For EBITDA	10,497	10,378	10,304	9,825	9,581	8,555
EBIT	16,755	18,012	18,298	17,523	13,665	10,609
EBIT Margin	32.72%	33.98%	31.65%	30.90%	27.07%	24.24%
Effective Tax Rate	15.33%	17.51%	23.44%	14.46%	18.58%	20.84%
Revenue as Reported	51,203	53,014	57,819	56,712	50,489	43,766