China Southern Power Grid Energy Storage Co., Ltd. (SHA:600995)

SHA:600995 Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,456	6,084	5,572	8,192	8,137	1,870
Other Revenue	89.38	89.38	57.48	68.43	71.64	11.86
Revenue	6,546	6,174	5,630	8,261	8,208	1,881
Revenue Growth (YoY)	15.24%	9.67%	-31.85%	0.64%	336.28%	-18.88%
Operations & Maintenance	4.21	4.21	2.71	4.3	3.6	1.57
Selling, General & Admin	450.25	450.25	479.42	558.52	688.82	108.36
Provision for Bad Debts	-0.21	-0.21	-1.97	1.86	-7.99	-1.53
Other Operating Expenses	3,542	3,387	3,184	4,389	5,337	1,666
Total Operating Expenses	4,053	3,898	3,690	5,012	6,054	1,775
Operating Income	2,492	2,276	1,940	3,249	2,154	106.56
Interest Expense	-479.03	-479.03	-521.75	-672.91	-449.05	-6.47
Interest Income	59.27	59.27	79.62	41.08	46.55	0.89
Net Interest Expense	-419.76	-419.76	-442.12	-631.83	-402.51	-5.58
Income (Loss) on Equity Investments	-	-	-	-	-	21.52
Currency Exchange Gain (Loss)	3.02	3.02	1.07	3.21	2.04	-
Other Non-Operating Income (Expenses)	1.81	1.71	-1.2	-4.74	-6.69	-0.12
EBT Excluding Unusual Items	2,077	1,861	1,497	2,615	1,747	122.38
Gain (Loss) on Sale of Investments	0.73	0.73	1.24	0.5	-	-
Gain (Loss) on Sale of Assets	9.35	9.35	-8.94	-1.9	173.16	-2.25
Asset Writedown	-0.01	-0.01	0	-0	82.7	-8.84
Other Unusual Items	-40.16	-40.16	3.31	-4.86	-0	20.89
Pretax Income	2,047	1,830	1,493	2,609	2,003	132.19
Income Tax Expense	440.08	398.92	246.74	521.59	389.03	21.47
Earnings From Continuing Ops.	1,607	1,432	1,246	2,087	1,614	110.72
Minority Interest in Earnings	-305.07	-305.07	-232.78	-424.35	-366.29	-
Net Income	1,302	1,126	1,014	1,663	1,248	110.72
Net Income to Common	1,302	1,126	1,014	1,663	1,248	110.72
Net Income Growth	37.48%	11.14%	-39.05%	33.28%	1026.88%	-66.66%
Shares Outstanding (Basic)	3,257	3,219	3,167	2,598	2,546	481
Shares Outstanding (Diluted)	3,257	3,219	3,167	2,598	2,546	481
Shares Change (YoY)	3.10%	1.61%	21.90%	2.04%	428.94%	0.01%
EPS (Basic)	0.40	0.35	0.32	0.64	0.49	0.23
EPS (Diluted)	0.40	0.35	0.32	0.64	0.49	0.23
EPS Growth	33.34%	9.38%	-50.00%	30.61%	113.04%	-66.67%
Free Cash Flow	-	-4,125	-3,173	-400.29	1,199	48.98
Free Cash Flow Per Share	-	-1.28	-1.00	-0.15	0.47	0.10
Dividend Per Share	0.067	0.106	0.095	0.038	0.010	0.070
Dividend Growth	-50.46%	11.13%	150.39%	280.00%	-85.71%	-68.18%
Profit Margin	19.89%	18.25%	18.00%	20.13%	15.20%	5.88%
Free Cash Flow Margin	-	-66.81%	-56.36%	-4.85%	14.61%	2.60%
EBITDA	4,167	3,959	3,616	4,922	3,594	318.37
EBITDA Margin	63.66%	64.12%	64.23%	59.58%	43.79%	16.92%
D&A For EBITDA	1,675	1,683	1,676	1,674	1,440	211.81
EBIT	2,492	2,276	1,940	3,249	2,154	106.56
EBIT Margin	38.08%	36.86%	34.46%	39.32%	26.25%	5.66%
Effective Tax Rate	21.50%	21.79%	16.53%	19.99%	19.42%	16.24%
Revenue as Reported	6,174	6,174	5,630	8,261	8,208	1,881

Updated Mar 7, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.