China Yangtze Power Co., Ltd. (SHA: 600900)

China Yangtze Power 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	86,316	77,840	68,674	54,640	57,225	49,793
Other Revenue	271.27	271.27	189.44	1,006	558.05	80.72
Revenue	86,587	78,112	68,863	55,646	57,783	49,874
Revenue Growth (YoY)	17.56%	13.43%	23.75%	-3.70%	15.86%	-2.62%
Operations & Maintenance	-	-	-	-	391.05	265.86
Selling, General & Admin	1,632	1,556	1,710	1,510	1,017	575.56
Provision for Bad Debts	15.69	2.41	6.95	11.73	1.53	-
Other Operating Expenses	36,237	34,582	31,026	22,233	22,360	19,902
Total Operating Expenses	38,785	36,929	32,833	23,795	23,809	20,784
Operating Income	47,802	41,182	36,030	31,852	33,974	29,090
Interest Expense	-11,751	-12,738	-9,801	-4,803	-5,167	-5,201
Interest Income	5,409	4,989	4,804	5,543	4,153	3,146
Net Interest Expense	-6,342	-7,749	-4,997	740.08	-1,014	-2,055
Currency Exchange Gain (Loss)	-18.77	-18.77	47.86	-62.68	151.65	-36.24
Other Non-Operating Income (Expenses)	-1,081	-572.9	-642.32	-470.48	-511.07	-326.2
EBT Excluding Unusual Items	40,361	32,841	30,439	32,058	32,601	26,673
Gain (Loss) on Sale of Investments	1.34	-162.88	-609.45	335.48	-172.89	-26.95
Gain (Loss) on Sale of Assets	6.09	6.34	-52.13	13.91	21.82	0.03
Asset Writedown	-24.91	-24.81	-13.38	-0.09	-	-
Other Unusual Items	-247.11	-247.11	2.32	1.6	6.08	-18.87
Pretax Income	40,096	32,413	29,766	32,409	32,456	26,627
Income Tax Expense	5,662	4,457	4,664	5,924	5,949	5,060
Earnings From Continuing Ops.	34,434	27,956	25,102	26,485	26,506	21,567
Net Income to Company	34,434	27,956	25,102	26,485	26,506	21,567
Minority Interest in Earnings	-694.44	-717.43	-1,376	-212.45	-208.37	-23.95
Net Income	33,740	27,239	23,726	26,273	26,298	21,543
Net Income to Common	33,740	27,239	23,726	26,273	26,298	21,543
Net Income Growth	37.26%	14.81%	-9.69%	-0.09%	22.07%	-4.72%
Shares Outstanding (Basic)	24,469	24,469	24,467	22,741	22,187	22,001
Shares Outstanding (Diluted)	24,469	24,469	24,467	22,741	22,187	22,001
Shares Change (YoY)	0.01%	0.01%	7.59%	2.50%	0.84%	0.01%
EPS (Basic)	1.38	1.11	0.97	1.16	1.19	0.98
EPS (Diluted)	1.38	1.11	0.97	1.16	1.19	0.98
EPS Growth	37.24%	14.80%	-16.07%	-2.53%	21.05%	-4.73%
Free Cash Flow	65,587	52,486	31,007	32,259	37,409	33,748
Free Cash Flow Per Share	2.68	2.14	1.27	1.42	1.69	1.53
Dividend Per Share	0.820	0.820	0.853	0.815	0.700	0.680
Dividend Growth	-3.90%	-3.90%	4.66%	16.47%	2.94%	0%
Profit Margin	38.97%	34.87%	34.45%	47.21%	45.51%	43.20%
Free Cash Flow Margin	75.75%	67.19%	45.03%	57.97%	64.74%	67.67%
EBITDA	68,359	60,159	52,901	43,258	45,611	41,149
EBITDA Margin	78.95%	77.02%	76.82%	77.74%	78.93%	82.51%
D&A For EBITDA	20,556	18,977	16,871	11,407	11,637	12,059
EBIT	47,802	41,182	36,030	31,852	33,974	29,090
EBIT Margin	55.21%	52.72%	52.32%	57.24%	58.80%	58.33%
Effective Tax Rate	14.12%	13.75%	15.67%	18.28%	18.33%	19.00%
Revenue as Reported	86,587	78,112	68,863	55,646	57,783	49,874

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