Jiaze Renewables Corporation Limited (SHA:601619)

SHA:601619 Income Statement

Financials in millions CNY. Fiscal year is January - December.

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,409	2,386	1,832	1,447	1,009
Other Revenue	13.29	17.25	9.18	-	2.78
Revenue	2,422	2,403	1,841	1,447	1,012
Revenue Growth (YoY)	0.78%	30.53%	27.26%	43.00%	-9.31%
Selling, General & Admin	199.55	180.96	177.93	133.18	34.17
Provision for Bad Debts	42.85	15.76	10.28	12.18	5.42
Other Operating Expenses	883.89	877.57	685.56	573.89	477.04
Total Operating Expenses	1,126	1,074	873.76	719.25	516.63
Operating Income	1,296	1,329	967.2	727.42	495.03
Interest Expense	-205.44	-170.37	-109.66	-234.1	-233.4
Interest Income	1.87	78.66	50.92	478.2	6.5
Net Interest Expense	-203.58	-91.71	-58.74	244.1	-226.9
Currency Exchange Gain (Loss)	-0	-0.03	1.44	-0.03	-
Other Non-Operating Income (Expenses)	-306.57	-359.32	-337.31	-101.69	-46.52
EBT Excluding Unusual Items	785.48	877.7	572.6	869.81	221.61
Gain (Loss) on Sale of Investments	-5.55	0.02	0.02	0.02	0.01
Gain (Loss) on Sale of Assets	0.71	-	0	-0.01	0.02
Asset Writedown	-2.87	-5.07	-	-	-
Other Unusual Items	-11.77	-5.03	46.02	0.99	-7.15
Pretax Income	766	867.62	618.64	870.81	214.5
Income Tax Expense	134.92	62.06	36	99.43	16.44
Earnings From Continuing Ops.	631.09	805.56	582.64	771.38	198.06
Minority Interest in Earnings	-0.96	-2.5	-0.29	0.01	0
Net Income	630.12	803.06	582.35	771.4	198.06
Net Income to Common	630.12	803.06	582.35	771.4	198.06
Net Income Growth	-21.54%	37.90%	-24.51%	289.48%	-32.45%
Shares Outstanding (Basic)	2,424	2,434	2,426	2,204	1,981
Shares Outstanding (Diluted)	2,520	2,510	2,426	2,411	2,201
Shares Change (YoY)	0.43%	3.43%	0.66%	9.54%	12.58%
EPS (Basic)	0.26	0.33	0.24	0.35	0.10
EPS (Diluted)	0.25	0.32	0.24	0.32	0.09
EPS Growth	-21.88%	33.33%	-25.00%	255.56%	-40.00%
Free Cash Flow	494.42	555.11	219.36	216.65	58.31
Free Cash Flow Per Share	0.20	0.22	0.09	0.09	0.03
Dividend Per Share	0.110	0.110	0.080	0.100	0.058
Dividend Growth	-	37.50%	-20.00%	73.91%	33.72%
Profit Margin	26.02%	33.42%	31.63%	53.32%	19.58%
Free Cash Flow Margin	20.41%	23.10%	11.92%	14.98%	5.76%
EBITDA	1,987	1,924	1,353	1,124	891.93
EBITDA Margin	82.04%	80.08%	73.48%	77.70%	88.17%
D&A For EBITDA	691.35	595.61	385.56	396.59	396.9
EBIT	1,296	1,329	967.2	727.42	495.03
EBIT Margin	53.50%	55.30%	52.54%	50.28%	48.93%
Effective Tax Rate	17.61%	7.15%	5.82%	11.42%	7.67%
Revenue as Reported	2,422	2,403	1,841	1,447	1,012

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