Jiangsu Linyang Energy Co., Ltd. (SHA:601222)

Jiangsu Linyang Energy 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	Mar 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	6,227	6,657	6,844	4,853	5,251	5,440
Other Revenue	85.2	85.2	27.89	90.54	45.63	359.27
Revenue	6,312	6,742	6,872	4,944	5,297	5,799
Revenue Growth (YoY)	-14.26%	-1.89%	39.00%	-6.66%	-8.66%	72.63%
Cost of Revenue	4,493	4,766	4,926	3,152	3,424	3,768
Gross Profit	1,819	1,976	1,946	1,792	1,872	2,031
Selling, General & Admin	640.36	628.76	542.09	498.53	394.94	426.7
Research & Development	261.03	269.02	222.56	143.22	138.78	131.03
Other Operating Expenses	-3.58	0.4	9.62	2.29	5.71	-6.85
Operating Expenses	960.08	978.96	889.31	686.97	492	602.13
Operating Income	859.37	997.02	1,057	1,105	1,380	1,429
Interest Expense	-108.15	-108.58	-110.01	-171.08	-291.93	-306.35
Interest & Investment Income	135.56	133.21	132.84	52.96	49.38	69.62
Currency Exchange Gain (Loss)	6.55	6.55	25.97	93.27	-28.08	-60.65
Other Non Operating Income (Expenses)	-49.3	-50.64	26.51	-125.32	-46.14	-6.88
EBT Excluding Unusual Items	844.03	977.57	1,132	954.88	1,064	1,125
Gain (Loss) on Sale of Investments	-56.72	-62.74	98.95	28.43	-	-
Gain (Loss) on Sale of Assets	-2.62	-2.42	0.77	92.81	33.64	-0.7
Asset Writedown	16.08	-	-	-	-	-9.93
Other Unusual Items	10.95	10.95	50.48	39.95	17.88	27.2
Pretax Income	811.72	923.36	1,282	1,116	1,115	1,141
Income Tax Expense	137.35	153.18	233.16	251.92	183.18	139.69
Earnings From Continuing Operations	674.37	770.18	1,049	864.16	932.02	1,002
Minority Interest in Earnings	-15.75	-17.3	-17.72	-8.16	-1.55	-4.37
Net Income	658.62	752.88	1,031	856	930.47	997.18
Net Income to Common	658.62	752.88	1,031	856	930.47	997.18
Net Income Growth	-37.43%	-27.00%	20.48%	-8.00%	-6.69%	42.37%
Shares Outstanding (Basic)	2,055	2,035	2,022	1,783	1,824	1,749
Shares Outstanding (Diluted)	2,055	2,035	2,022	1,783	1,824	1,881
Shares Change (YoY)	1.43%	0.62%	13.40%	-2.25%	-3.03%	4.76%
EPS (Basic)	0.32	0.37	0.51	0.48	0.51	0.57
EPS (Diluted)	0.32	0.37	0.51	0.48	0.51	0.53
EPS Growth	-38.31%	-27.45%	6.25%	-5.88%	-3.77%	35.90%
Free Cash Flow	-49.61	110.6	-1,554	271.62	649.31	1,046
Free Cash Flow Per Share	-0.02	0.05	-0.77	0.15	0.36	0.56
Dividend Per Share	-	-	0.303	0.178	0.220	0.107
Dividend Growth	-	-	70.23%	-19.09%	105.61%	114.00%
Gross Margin	28.82%	29.31%	28.32%	36.25%	35.35%	35.02%
Operating Margin	13.61%	14.79%	15.38%	22.35%	26.06%	24.64%
Profit Margin	10.43%	11.17%	15.01%	17.31%	17.57%	17.20%
Free Cash Flow Margin	-0.79%	1.64%	-22.61%	5.49%	12.26%	18.04%
EBITDA	1,416	1,525	1,472	1,525	1,826	1,864
EBITDA Margin	22.43%	22.62%	21.42%	30.84%	34.47%	32.14%
D&A For EBITDA	556.64	528.4	415.42	419.69	445.5	434.87
EBIT	859.37	997.02	1,057	1,105	1,380	1,429
EBIT Margin	13.61%	14.79%	15.38%	22.35%	26.06%	24.64%
Effective Tax Rate	16.92%	16.59%	18.18%	22.57%	16.43%	12.24%
Revenue as Reported	6,312	6,742	6,872	4,944	5,297	5,799
Advertising Expenses	-	3.38	1.04	0.1	1.25	0.4

Source: S&P Global Market Intelligence. Standard template. Financial Sources.