Jiangsu Jiangnan Water Co., Ltd. (SHA:601199)

Jiangsu Jiangnan Water 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	1,401	1,344	1,249	1,093	930.32	974.59
Other Revenue	20.11	20.11	19.46	20.33	22.82	17.16
Revenue	1,422	1,364	1,268	1,114	953.14	991.75
Revenue Growth (YoY)	1.75%	7.57%	13.87%	16.83%	-3.89%	10.37%
Operations & Maintenance	2.07	2.07	3.27	1.61	1.69	1.66
Selling, General & Admin	203.11	196.52	191.99	196.93	180.05	189.39
Provision for Bad Debts	-15.09	-4.68	2.56	31.88	16	25.61
Other Operating Expenses	920.19	821.46	737.89	566.63	466.31	468.31
Total Operating Expenses	1,111	1,022	944.01	802.82	666.1	686.74
Operating Income	310.61	341.91	324.01	310.77	287.04	305.01
Interest Expense	-26.12	-27.78	-30.86	-36.66	-10.06	-2.88
Interest Income	120.58	122.42	87.81	104.94	43.9	28.55
Net Interest Expense	94.46	94.65	56.95	68.28	33.84	25.66
Other Non-Operating Income (Expenses)	52.35	-3.67	-3.07	-1.25	-3.15	-2.12
EBT Excluding Unusual Items	457.42	432.88	377.89	377.81	317.73	328.55
Gain (Loss) on Sale of Investments	-5.63	-10.45	-4	-8.16	2.26	-
Gain (Loss) on Sale of Assets	-0.79	14.47	0.15	0.16	-4.52	-2.68
Asset Writedown	-7.41	-0.35	-2.1	-	-	-17.6
Other Unusual Items	-1.26	-1.26	4.55	3.22	3.27	1.73
Pretax Income	442.33	435.3	376.5	373.03	318.73	310
Income Tax Expense	103.35	111.91	96.08	96.63	77.69	78.97
Earnings From Continuing Ops.	338.98	323.39	280.42	276.4	241.04	231.03
Minority Interest in Earnings	-	-	-	-	2.95	3.82
Net Income	338.98	323.39	280.42	276.4	243.99	234.85
Net Income to Common	338.98	323.39	280.42	276.4	243.99	234.85
Net Income Growth	0.16%	15.32%	1.45%	13.29%	3.89%	20.55%
Shares Outstanding (Basic)	924	924	935	921	938	939
Shares Outstanding (Diluted)	924	924	935	921	938	939
Shares Change (YoY)	-1.17%	-1.15%	1.45%	-1.82%	-0.11%	-8.38%
EPS (Basic)	0.37	0.35	0.30	0.30	0.26	0.25
EPS (Diluted)	0.37	0.35	0.30	0.30	0.26	0.25
EPS Growth	1.34%	16.67%	-	15.38%	4.00%	31.58%
Free Cash Flow	171.1	268.88	-158.45	261	368.22	17.73
Free Cash Flow Per Share	0.18	0.29	-0.17	0.28	0.39	0.02
Dividend Per Share	0.124	0.104	0.090	0.090	0.080	0.080
Dividend Growth	37.78%	15.56%	-	12.50%	-	14.29%
Profit Margin	23.85%	23.71%	22.12%	24.82%	25.60%	23.68%
Free Cash Flow Margin	12.04%	19.71%	-12.50%	23.44%	38.63%	1.79%
EBITDA	575.79	597.75	567.39	521.52	523.18	528.98
EBITDA Margin	40.51%	43.82%	44.75%	46.83%	54.89%	53.34%
D&A For EBITDA	265.18	255.84	243.38	210.75	236.14	223.97
EBIT	310.61	341.91	324.01	310.77	287.04	305.01
EBIT Margin	21.85%	25.07%	25.55%	27.91%	30.11%	30.75%
Effective Tax Rate	23.36%	25.71%	25.52%	25.90%	24.38%	25.47%
Revenue as Reported	1,422	1,364	1,268	1,114	953.14	991.75

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.