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	Sep '26 Sep 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	51,522	52,571	57,529	56,312	50,086	43,287
Other Revenue	443.32	443.32	290.06	399.51	403.67	478.91
Revenue	51,966	53,014	57,819	56,712	50,489	43,766
Revenue Growth	-3.76%	-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	1,879	2,083	1,948	1,807	1,511	1,330
Provision for Bad Debts	73.38	67.38	174.61	146.55	-112.41	113.48
Other Operating Expenses	33,137	32,645	37,222	37,126	35,379	31,677
Total Operating Expenses	35,263	35,002	39,521	39,189	36,824	33,158
Operating Income	16,702	18,012	18,298	17,523	13,665	10,609
Interest Expense	-3,831	-4,092	-4,368	-4,612	-5,087	-4,396
Interest Income	2,224	2,436	2,098	1,359	729.98	247.47
Net Interest Expense	-1,606	-1,656	-2,270	-3,254	-4,357	-4,149
Currency Exchange Gain (Loss)	-12.74	-12.74	-17.05	9.87	-4.16	-24.93
Other Non-Operating Income (Expenses)	78.52	-26.23	-46.02	94.42	-12.07	-20.95
EBT Excluding Unusual Items	15,162	16,317	15,965	14,374	9,293	6,414
Impairment of Goodwill	-39.82	-39.82	-	-	-	-
Gain (Loss) on Sale of Investments	-0.79	4.51	-149.22	-201.68	21.75	-37.28
Gain (Loss) on Sale of Assets	4.84	15.47	-65.3	3.71	19.54	18.64
Asset Writedown	-39.71	-43.59	-27.66	-31.92	-18.24	-32.65
Insurance Settlements	4.06	4.06	0.23	7.75	-	-
Legal Settlements	8.14	8.14	-	19.84	-	-
Other Unusual Items	52.74	52.74	-17.07	43.8	117.43	222.85
Pretax Income	15,151	16,318	15,706	14,215	9,433	6,585
Income Tax Expense	2,389	2,857	3,681	2,055	1,753	1,372
Earnings From Continuing Ops.	12,763	13,461	12,025	12,160	7,680	5,213
Minority Interest in Earnings	-5,815	-6,067	-5,382	-5,455	-3,600	-2,757
Net Income	6,948	7,393	6,643	6,705	4,081	2,456
Preferred Dividends & Other Adjustments	140.5	140.5	180.64	-	-	-
Net Income to Common	6,807	7,253	6,462	6,705	4,081	2,456
Net Income Growth	6.33%	12.23%	-3.62%	64.31%	66.16%	-55.47%
Shares Outstanding (Basic)	8,011	7,913	7,454	7,659	7,825	7,606
Shares Outstanding (Diluted)	8,011	7,913	7,454	7,659	7,825	7,606
Shares Change	3.39%	6.15%	-2.68%	-2.12%	2.88%	7.14%
EPS (Basic)	0.85	0.92	0.87	0.88	0.52	0.32
EPS (Diluted)	0.85	0.92	0.87	0.88	0.52	0.32
EPS Growth	2.85%	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	Sep '26 Sep 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	8,436	10,131	2,891	1,016	6,758	5,354
Free Cash Flow Per Share	1.05	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	13.10%	13.68%	11.18%	11.82%	8.08%	5.61%
Free Cash Flow Margin	16.23%	19.11%	5.00%	1.79%	13.38%	12.23%
EBITDA	27,135	28,390	28,601	27,348	23,247	19,164
EBITDA Margin	52.22%	53.55%	49.47%	48.22%	46.04%	43.79%
D&A For EBITDA	10,433	10,378	10,304	9,825	9,581	8,555
EBIT	16,702	18,012	18,298	17,523	13,665	10,609
EBIT Margin	32.14%	33.98%	31.65%	30.90%	27.07%	24.24%
Effective Tax Rate	15.76%	17.51%	23.44%	14.46%	18.58%	20.84%
Revenue as Reported	51,966	53,014	57,819	56,712	50,489	43,766