Guangxi Nanning Waterworks Co.,Ltd. (SHA:601368)

SHA:601368 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	2,457	2,458	2,308	2,233	2,047	1,508
Other Revenue	19.7	19.7	23.78	21.69	38.97	35.13
Revenue	2,476	2,478	2,332	2,255	2,086	1,543
Revenue Growth (YoY)	4.50%	6.26%	3.42%	8.10%	35.16%	1.32%
Operations & Maintenance	23.82	23.82	11.71	14.22	12.6	7.69
Selling, General & Admin	155.66	153.6	161.17	161.76	169.04	130.64
Provision for Bad Debts	92.92	92.92	44.5	16.35	5.97	-2.97
Other Operating Expenses	1,654	1,651	1,561	1,455	1,285	944.75
Total Operating Expenses	1,933	1,928	1,785	1,651	1,473	1,080
Operating Income	543.37	549.41	546.74	603.49	612.4	462.87
Interest Expense	-479.93	-487.08	-469.76	-416.48	-323.39	-228.06
Interest Income	2.63	3.69	6.84	3.55	5.83	8.57
Net Interest Expense	-477.29	-483.38	-462.91	-412.93	-317.56	-219.49
Income (Loss) on Equity Investments	0.25	0.25	0.03	-	-	-
Currency Exchange Gain (Loss)	13.31	13.31	-5.46	-16.49	49	20.07
Other Non-Operating Income (Expenses)	-25.86	-1.96	-1.71	-3.47	0.24	-1.8
EBT Excluding Unusual Items	53.78	77.63	76.68	170.59	344.08	261.64
Gain (Loss) on Sale of Assets	-0.16	-	-	-3.23	-7.03	0.15
Asset Writedown	-1.26	-1.26	-11.79	-	-	-1.64
Other Unusual Items	28.45	26.98	24.43	21.7	18.19	33.74
Pretax Income	80.81	103.35	89.33	189.06	355.24	293.9
Income Tax Expense	11.64	15.42	15.81	25.22	58.87	46.11
Earnings From Continuing Ops.	69.17	87.93	73.52	163.84	296.37	247.79
Net Income	69.17	87.93	73.52	163.84	296.37	247.79
Net Income to Common	69.17	87.93	73.52	163.84	296.37	247.79
Net Income Growth	8.40%	19.61%	-55.13%	-44.72%	19.61%	-5.62%
Shares Outstanding (Basic)	879	883	883	883	883	883
Shares Outstanding (Diluted)	879	883	883	883	883	883
Shares Change (YoY)	-0.41%	0.04%	-0.02%	-0.01%	-0.03%	10.79%
EPS (Basic)	0.08	0.10	0.08	0.19	0.34	0.28
EPS (Diluted)	0.08	0.10	0.08	0.19	0.34	0.28
EPS Growth	8.84%	19.57%	-55.12%	-44.71%	19.64%	-14.82%
Free Cash Flow	-1,419	-1,062	-1,031	-1,424	-1,802	-2,097
Free Cash Flow Per Share	-1.61	-1.20	-1.17	-1.61	-2.04	-2.38
Dividend Per Share	0.030	0.030	0.026	0.056	0.102	0.091
Dividend Growth	15.38%	15.38%	-53.57%	-45.10%	12.09%	1.11%
Profit Margin	2.79%	3.55%	3.15%	7.27%	14.21%	16.06%
Free Cash Flow Margin	-57.29%	-42.84%	-44.20%	-63.18%	-86.38%	-135.90%
EBITDA	1,244	1,235	1,171	1,166	1,070	802.25
EBITDA Margin	50.22%	49.83%	50.24%	51.71%	51.29%	51.99%
D&A For EBITDA	700.27	685.17	624.76	562.38	457.29	339.39
EBIT	543.37	549.41	546.74	603.49	612.4	462.87
EBIT Margin	21.94%	22.17%	23.45%	26.77%	29.36%	30.00%
Effective Tax Rate	14.41%	14.92%	17.70%	13.34%	16.57%	15.69%
Revenue as Reported	2,476	2,478	2,332	2,255	2,086	1,543

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