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	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	5,165	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	5,250	6,742	6,872	4,944	5,297	5,799
Revenue Growth (YoY)	-27.96%	-1.89%	39.00%	-6.66%	-8.66%	72.63%
Cost of Revenue	3,815	4,766	4,926	3,152	3,424	3,768
Gross Profit	1,436	1,976	1,946	1,792	1,872	2,031
Selling, General & Admin	678.93	628.76	542.09	498.53	394.94	426.7
Research & Development	258.34	269.02	222.56	143.22	138.78	131.03
Other Operating Expenses	-5.09	0.4	9.62	2.29	5.71	-6.85
Operating Expenses	1,084	978.96	889.31	686.97	492	602.13
Operating Income	351.64	997.02	1,057	1,105	1,380	1,429
Interest Expense	-101.3	-108.58	-110.01	-171.08	-291.93	-306.35
Interest & Investment Income	82.65	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)	-25.53	-50.64	26.51	-125.32	-46.14	-6.88
EBT Excluding Unusual Items	314.01	977.57	1,132	954.88	1,064	1,125
Gain (Loss) on Sale of Investments	-73.91	-62.74	98.95	28.43	-	-
Gain (Loss) on Sale of Assets	4.98	-2.42	0.77	92.81	33.64	-0.7
Asset Writedown	-29.34	-	-	-	-	-9.93
Other Unusual Items	10.95	10.95	50.48	39.95	17.88	27.2
Pretax Income	226.7	923.36	1,282	1,116	1,115	1,141
Income Tax Expense	29.16	153.18	233.16	251.92	183.18	139.69
Earnings From Continuing Operations	197.54	770.18	1,049	864.16	932.02	1,002
Minority Interest in Earnings	4.16	-17.3	-17.72	-8.16	-1.55	-4.37
Net Income	201.7	752.88	1,031	856	930.47	997.18
Net Income to Common	201.7	752.88	1,031	856	930.47	997.18
Net Income Growth	-81.50%	-27.00%	20.48%	-8.00%	-6.69%	42.37%
Shares Outstanding (Basic)	2,014	2,035	2,022	1,783	1,824	1,749
Shares Outstanding (Diluted)	2,014	2,035	2,022	1,783	1,824	1,881
Shares Change (YoY)	-0.29%	0.62%	13.40%	-2.25%	-3.03%	4.76%
EPS (Basic)	0.10	0.37	0.51	0.48	0.51	0.57
EPS (Diluted)	0.10	0.37	0.51	0.48	0.51	0.53
EPS Growth	-81.45%	-27.45%	6.25%	-5.88%	-3.77%	35.90%
Free Cash Flow	-723.4	110.6	-1,554	271.62	649.31	1,046
Free Cash Flow Per Share	-0.36	0.05	-0.77	0.15	0.36	0.56
Dividend Per Share	0.088	0.268	0.303	0.178	0.220	0.107
Dividend Growth	-84.59%	-11.55%	70.23%	-19.09%	105.61%	114.00%
Gross Margin	27.34%	29.31%	28.32%	36.25%	35.35%	35.02%
Operating Margin	6.70%	14.79%	15.38%	22.35%	26.06%	24.64%
Profit Margin	3.84%	11.17%	15.01%	17.31%	17.57%	17.20%
Free Cash Flow Margin	-13.78%	1.64%	-22.61%	5.49%	12.26%	18.04%
EBITDA	964.77	1,525	1,472	1,525	1,826	1,864
EBITDA Margin	18.38%	22.62%	21.42%	30.84%	34.47%	32.14%
D&A For EBITDA	613.13	528.4	415.42	419.69	445.5	434.87
EBIT	351.64	997.02	1,057	1,105	1,380	1,429
EBIT Margin	6.70%	14.79%	15.38%	22.35%	26.06%	24.64%
Effective Tax Rate	12.86%	16.59%	18.18%	22.57%	16.43%	12.24%
Revenue as Reported	5,250	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.