CECEP Wind-power Corporation Co.,Ltd. (SHA:601016)

SHA:601016 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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	4,609	5,009	5,095	5,209	4,037	2,659
Other Revenue	17.78	17.78	20.62	31.28	16.55	7.75
Revenue	4,627	5,027	5,116	5,240	4,053	2,667
Revenue Growth (YoY)	-9.30%	-1.74%	-2.37%	29.28%	51.97%	7.23%
Operations & Maintenance	0.3	0.3	0.14	0.2	0.97	0.38
Selling, General & Admin	185.94	186.04	185.87	203.06	195.83	105.32
Provision for Bad Debts	0.23	11.38	13.57	10.5	14.01	34.41
Other Operating Expenses	2,592	2,470	2,327	2,132	1,611	1,235
Total Operating Expenses	2,801	2,689	2,559	2,370	1,835	1,388
Operating Income	1,826	2,338	2,557	2,870	2,218	1,279
Interest Expense	-674.87	-712.01	-813.29	-924.46	-752.84	-527.68
Interest Income	48.72	48.12	103.02	37.25	23.4	17.64
Net Interest Expense	-626.15	-663.9	-710.27	-887.21	-729.44	-510.04
Currency Exchange Gain (Loss)	-	-	-0	0	-	-0.01
Other Non-Operating Income (Expenses)	-30.61	-1.85	-3.4	-3.73	-3.05	-3.49
EBT Excluding Unusual Items	1,169	1,672	1,844	1,979	1,486	765.67
Gain (Loss) on Sale of Investments	-	-	-0.26	0.26	-	-
Gain (Loss) on Sale of Assets	-0.08	0.3	-0	0.04	-13.69	4.54
Asset Writedown	-85.09	-85.09	-29.36	-9.49	-189.36	-7.06
Insurance Settlements	20.38	20.38	7.58	11.02	10.53	2.79
Other Unusual Items	37.1	6.86	-7.99	-7.61	14.91	6.15
Pretax Income	1,141	1,614	1,814	1,974	1,308	772.09
Income Tax Expense	206.31	243.04	226.32	228.37	100.55	106.92
Earnings From Continuing Ops.	935	1,371	1,587	1,745	1,207	665.17
Minority Interest in Earnings	-35.32	-41.38	-75.49	-115.07	-36.17	-47.29
Net Income	899.68	1,330	1,512	1,630	1,171	617.88
Net Income to Common	899.68	1,330	1,512	1,630	1,171	617.88
Net Income Growth	-39.92%	-12.02%	-7.27%	39.19%	89.56%	5.78%
Shares Outstanding (Basic)	6,469	6,457	6,460	5,110	4,984	4,445
Shares Outstanding (Diluted)	6,488	6,684	6,749	5,564	5,115	4,445
Shares Change (YoY)	-3.83%	-0.96%	21.29%	8.78%	15.06%	7.31%
EPS (Basic)	0.14	0.21	0.23	0.32	0.23	0.14
EPS (Diluted)	0.14	0.20	0.22	0.29	0.23	0.14
EPS Growth	-37.53%	-11.16%	-23.55%	27.95%	64.75%	-1.42%
Free Cash Flow	1,096	161.99	1,071	1,902	-4,074	-6,180
Free Cash Flow Per Share	0.17	0.02	0.16	0.34	-0.80	-1.39
Dividend Per Share	0.109	0.074	0.084	0.091	0.055	0.044
Dividend Growth	29.76%	-11.91%	-7.69%	65.45%	25.00%	-13.73%
Profit Margin	19.45%	26.46%	29.55%	31.11%	28.90%	23.17%
Free Cash Flow Margin	23.69%	3.22%	20.93%	36.30%	-100.52%	-231.72%
EBITDA	3,885	4,296	4,382	4,546	3,490	2,285
EBITDA Margin	83.97%	85.47%	85.65%	86.75%	86.10%	85.65%
D&A For EBITDA	2,059	1,959	1,825	1,675	1,272	1,005
EBIT	1,826	2,338	2,557	2,870	2,218	1,279
EBIT Margin	39.46%	46.51%	49.98%	54.78%	54.72%	47.96%
Effective Tax Rate	18.08%	15.05%	12.48%	11.57%	7.69%	13.85%
Revenue as Reported	4,627	5,027	5,116	5,240	4,053	2,667

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.