Jiangsu Xukuang Energy Co., Ltd. (SHA: 600925)

Jiangsu Xukuang Energy 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	12,148	11,812	14,744	11,239	9,186	10,575
Other Revenue	323.68	216.68	396.36	438.71	849.97	699.94
Revenue	12,472	12,029	15,140	11,678	10,036	11,275
Revenue Growth (YoY)	-11.32%	-20.55%	29.65%	16.36%	-11.00%	-2.30%
Cost of Revenue	7,898	6,873	9,051	7,049	6,662	6,870
Gross Profit	4,573	5,156	6,089	4,628	3,374	4,405
Selling, General & Admin	941.94	941.72	1,007	1,036	1,012	1,179
Research & Development	310.77	323.08	192.5	185.98	120.49	112.86
Other Operating Expenses	607.17	572.31	674.92	426.16	204.17	240.07
Operating Expenses	1,874	1,848	1,875	1,638	1,243	1,575
Operating Income	2,699	3,308	4,214	2,990	2,131	2,830
Interest Expense	-158.38	-149.02	-240.57	-300.21	-291.48	-315.66
Interest & Investment Income	155.48	155.98	98.42	66.82	326.07	180.5
Currency Exchange Gain (Loss)	0.03	0.01	-0.2	9.77	-	-
Other Non Operating Income (Expenses)	-110.03	-119.8	-130.32	-144.99	230.49	184.65
EBT Excluding Unusual Items	2,586	3,195	3,941	2,621	2,396	2,879
Gain (Loss) on Sale of Investments	-	-	-40.01	-104.14	-	-
Gain (Loss) on Sale of Assets	2.35	1.92	2.78	82.78	58	5.17
Asset Writedown	-0.19	-0.19	-64.12	-13.37	-7.69	-118.37
Other Unusual Items	111.11	102.32	30.02	4.15	-	-
Pretax Income	2,699	3,299	3,870	2,591	2,447	2,766
Income Tax Expense	609.23	673.8	864.78	437.74	396.47	506.38
Earnings From Continuing Operations	2,090	2,625	3,005	2,153	2,050	2,260
Minority Interest in Earnings	-218.39	-229.05	-287.87	-150.33	-144.59	-281.86
Net Income	1,872	2,396	2,717	2,003	1,906	1,978
Net Income to Common	1,872	2,396	2,717	2,003	1,906	1,978
Net Income Growth	-27.86%	-11.82%	35.70%	5.09%	-3.65%	27.94%
Shares Outstanding (Basic)	6,691	6,656	6,176	6,258	5,660	5,660
Shares Outstanding (Diluted)	6,691	6,656	6,176	6,258	5,660	5,660
Shares Change (YoY)	3.68%	7.78%	-1.31%	10.57%	-0.01%	0.00%
EPS (Basic)	0.28	0.36	0.44	0.32	0.34	0.35
EPS (Diluted)	0.28	0.36	0.44	0.32	0.34	0.35
EPS Growth	-30.42%	-18.18%	37.50%	-4.96%	-3.63%	27.94%
Free Cash Flow	-1,015	-782.44	229.96	1,061	431.67	2,678
Free Cash Flow Per Share	-0.15	-0.12	0.04	0.17	0.08	0.47
Dividend Per Share	0.210	0.410	-	-	-	-
Gross Margin	36.67%	42.86%	40.22%	39.63%	33.62%	39.07%
Operating Margin	21.64%	27.50%	27.83%	25.60%	21.24%	25.10%
Profit Margin	15.01%	19.92%	17.95%	17.15%	18.99%	17.54%
Free Cash Flow Margin	-8.13%	-6.50%	1.52%	9.08%	4.30%	23.75%
EBITDA	4,179	4,686	5,425	4,183	3,211	4,073
EBITDA Margin	33.50%	38.96%	35.83%	35.82%	31.99%	36.12%
D&A For EBITDA	1,480	1,379	1,211	1,193	1,079	1,244
EBIT	2,699	3,308	4,214	2,990	2,131	2,830
EBIT Margin	21.64%	27.50%	27.83%	25.60%	21.24%	25.10%
Effective Tax Rate	22.57%	20.42%	22.35%	16.90%	16.20%	18.31%
Revenue as Reported	12,472	12,029	15,140	-	-	-
Advertising Expenses	-	0.04	0.34	0.03	0.25	0.34

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