Xi'an Shaangu Power Co., Ltd. (SHA:601369)

Xi'an Shaangu Power 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	10,318	10,252	10,118	10,709	10,252	8,008
Other Revenue	25.5	25.5	25.23	57.12	108.99	57.4
Revenue	10,344	10,277	10,143	10,766	10,361	8,065
Revenue Growth (YoY)	3.73%	1.32%	-5.79%	3.91%	28.47%	10.42%
Cost of Revenue	8,059	7,935	7,968	8,377	8,425	6,343
Gross Profit	2,285	2,342	2,175	2,389	1,936	1,722
Selling, General & Admin	773.5	786.28	827.51	844.47	713.62	640.44
Research & Development	421.25	416.24	276.69	360.68	326.95	310.6
Other Operating Expenses	43.29	35.89	26	58.72	54.65	60.6
Operating Expenses	1,072	1,155	1,244	1,476	1,070	938.73
Operating Income	1,213	1,187	931.11	912.43	865.87	782.8
Interest Expense	-125.42	-132.46	-107.2	-130.9	-93.48	-60.36
Interest & Investment Income	389.93	405.42	394.79	399.78	315.4	345.42
Currency Exchange Gain (Loss)	-5.28	-5.28	37.66	17.57	-26.85	16.45
Other Non Operating Income (Expenses)	-50.03	-54.36	37.03	48.9	-23.42	-67.37
EBT Excluding Unusual Items	1,422	1,400	1,293	1,248	1,038	1,017
Impairment of Goodwill	-8.07	-8.07	-	-	-	-3.61
Gain (Loss) on Sale of Investments	40.35	33.33	5.53	31.37	37.34	-73.94
Gain (Loss) on Sale of Assets	-0.56	0.22	0.11	0	63.05	0.32
Asset Writedown	-49.88	-38.37	1.3	-0.54	-30.84	3.09
Other Unusual Items	23.16	21.82	56.13	20.45	68.61	0.31
Pretax Income	1,427	1,409	1,356	1,299	1,176	943.12
Income Tax Expense	268.01	263.71	258.31	246.18	225.51	199.98
Earnings From Continuing Operations	1,159	1,145	1,098	1,053	950.16	743.15
Minority Interest in Earnings	-104.16	-103.74	-77.87	-84.52	-92.89	-58.29
Net Income	1,055	1,042	1,020	968.36	857.27	684.86
Net Income to Common	1,055	1,042	1,020	968.36	857.27	684.86
Net Income Growth	6.26%	2.09%	5.36%	12.96%	25.17%	13.55%
Shares Outstanding (Basic)	1,700	1,706	1,690	1,694	1,686	1,664
Shares Outstanding (Diluted)	1,748	1,725	1,728	1,722	1,686	1,677
Shares Change (YoY)	0.68%	-0.14%	0.31%	2.13%	0.58%	0.54%
EPS (Basic)	0.62	0.61	0.60	0.57	0.51	0.41
EPS (Diluted)	0.60	0.60	0.59	0.56	0.51	0.41
EPS Growth	5.54%	2.23%	5.03%	10.60%	24.45%	12.94%
Free Cash Flow	883.87	932.43	829.96	452.01	388.56	892.26
Free Cash Flow Per Share	0.51	0.54	0.48	0.26	0.23	0.53
Dividend Per Share	0.450	0.450	0.390	0.350	0.310	0.280
Dividend Growth	15.38%	15.38%	11.43%	12.90%	10.71%	21.74%
Gross Margin	22.09%	22.79%	21.44%	22.19%	18.68%	21.35%
Operating Margin	11.72%	11.55%	9.18%	8.48%	8.36%	9.71%
Profit Margin	10.20%	10.13%	10.06%	9.00%	8.27%	8.49%
Free Cash Flow Margin	8.54%	9.07%	8.18%	4.20%	3.75%	11.06%
EBITDA	1,566	1,528	1,226	1,217	1,151	1,054
EBITDA Margin	15.14%	14.87%	12.08%	11.31%	11.11%	13.07%
D&A For EBITDA	353.33	341.57	294.57	304.94	285.58	271.28
EBIT	1,213	1,187	931.11	912.43	865.87	782.8
EBIT Margin	11.72%	11.55%	9.18%	8.48%	8.36%	9.71%
Effective Tax Rate	18.78%	18.72%	19.04%	18.95%	19.18%	21.20%
Revenue as Reported	10,344	10,277	10,143	10,766	10,361	8,065
Advertising Expenses	-	0.24	0.35	0.05	0.03	0.13

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