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 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Jun 30, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020	Dec 31, 2019
Operating Revenue	9,947	10,118	10,709	10,252	8,008	7,269
Other Revenue	13.96	25.23	57.12	108.99	57.4	34.57
Revenue	9,961	10,143	10,766	10,361	8,065	7,304
Revenue Growth (YoY)	-1.11%	-5.79%	3.91%	28.47%	10.42%	44.95%
Cost of Revenue	7,848	7,959	8,377	8,425	6,343	5,759
Gross Profit	2,112	2,184	2,389	1,936	1,722	1,545
Selling, General & Admin	833.89	836.2	844.47	713.62	640.44	604.79
Research & Development	309.72	276.69	360.68	326.95	310.6	254.81
Other Operating Expenses	7.57	26	58.72	54.65	60.6	53.61
Operating Expenses	1,040	1,252	1,476	1,070	938.73	1,060
Operating Income	1,073	931.11	912.43	865.87	782.8	485.35
Interest Expense	-	-107.2	-130.9	-93.48	-60.36	-38.79
Interest & Investment Income	130.59	394.79	399.78	315.4	345.42	363.16
Currency Exchange Gain (Loss)	16.9	37.66	17.57	-26.85	16.45	5.04
Other Non Operating Income (Expenses)	7.66	37.03	48.9	-23.42	-67.37	-28.98
EBT Excluding Unusual Items	1,228	1,293	1,248	1,038	1,017	785.78
Impairment of Goodwill	-	-	-	-	-3.61	-
Gain (Loss) on Sale of Investments	2.26	5.53	31.37	37.34	-73.94	14.12
Gain (Loss) on Sale of Assets	0.84	0.11	0	63.05	0.32	4.01
Asset Writedown	21.6	1.3	-0.54	-30.84	3.09	-11.09
Other Unusual Items	47.8	56.13	20.45	68.61	0.31	32.02
Pretax Income	1,300	1,356	1,299	1,176	943.12	824.84
Income Tax Expense	250.43	258.31	246.18	225.51	199.98	153.53
Earnings From Continuing Operations	1,050	1,098	1,053	950.16	743.15	671.31
Minority Interest in Earnings	-100.18	-77.87	-84.52	-92.89	-58.29	-68.17
Net Income	949.8	1,020	968.36	857.27	684.86	603.14
Net Income to Common	949.8	1,020	968.36	857.27	684.86	603.14
Net Income Growth	2.70%	5.36%	12.96%	25.17%	13.55%	72.18%
Shares Outstanding (Basic)	1,713	1,690	1,694	1,686	1,664	1,664
Shares Outstanding (Diluted)	1,723	1,728	1,722	1,686	1,677	1,668
Shares Change (YoY)	0.91%	0.31%	2.13%	0.58%	0.54%	1.78%
EPS (Basic)	0.55	0.60	0.57	0.51	0.41	0.36
EPS (Diluted)	0.55	0.59	0.56	0.51	0.41	0.36
EPS Growth	1.78%	5.03%	10.60%	24.46%	12.94%	69.18%
Free Cash Flow	972.73	829.96	452.01	388.56	892.26	800.45
Free Cash Flow Per Share	0.56	0.48	0.26	0.23	0.53	0.48
Dividend Per Share	0.390	0.390	0.350	0.310	0.280	0.230
Dividend Growth	11.43%	11.43%	12.90%	10.71%	21.74%	15.00%
Gross Margin	21.21%	21.53%	22.19%	18.68%	21.35%	21.16%
Operating Margin	10.77%	9.18%	8.48%	8.36%	9.71%	6.64%
Profit Margin	9.54%	10.06%	8.99%	8.27%	8.49%	8.26%
Free Cash Flow Margin	9.77%	8.18%	4.20%	3.75%	11.06%	10.96%
EBITDA	1,381	1,218	1,217	1,151	1,054	729.73
EBITDA Margin	13.86%	12.01%	11.31%	11.11%	13.07%	9.99%
D&A For EBITDA	308.04	286.75	304.94	285.58	271.28	244.39
EBIT	1,073	931.11	912.43	865.87	782.8	485.35
EBIT Margin	10.77%	9.18%	8.47%	8.36%	9.71%	6.64%
Effective Tax Rate	19.26%	19.04%	18.95%	19.18%	21.20%	18.61%
Revenue as Reported	2,294	10,143	10,766	10,361	8,065	7,304
Advertising Expenses	-	0.35	0.05	0.03	0.13	1.44

Source: S&P Capital IQ. Standard template. Financial Sources.