Power Construction Corporation of China, Ltd (SHA:601669)

SHA:601669 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	634,010	631,754	606,531	569,504	562,779	399,522
Other Revenue	1,997	1,997	2,408	2,213	2,340	1,662
Revenue	636,008	633,751	608,939	571,716	565,119	401,184
Revenue Growth (YoY)	3.26%	4.08%	6.51%	1.17%	40.86%	15.27%
Cost of Revenue	553,491	550,134	528,360	501,879	497,263	344,541
Gross Profit	82,517	83,618	80,580	69,837	67,857	56,642
Selling, General & Admin	20,998	20,746	19,778	18,015	17,154	12,557
Research & Development	24,288	24,254	23,250	20,801	19,594	15,269
Other Operating Expenses	1,602	1,600	1,387	1,443	1,607	1,740
Operating Expenses	51,649	52,182	48,210	42,967	41,077	31,879
Operating Income	30,868	31,435	32,369	26,870	26,780	24,763
Interest Expense	-15,108	-15,120	-14,947	-13,307	-12,938	-10,301
Interest & Investment Income	6,086	6,434	7,312	6,622	7,214	7,289
Currency Exchange Gain (Loss)	380.41	379.99	-427.79	1,734	-1,616	-2,306
Other Non Operating Income (Expenses)	-4,152	-4,100	-3,787	-2,643	-1,848	-1,880
EBT Excluding Unusual Items	18,074	19,030	20,519	19,277	17,592	17,567
Impairment of Goodwill	-14.57	-14.57	-	-5.75	-214.14	-465.9
Gain (Loss) on Sale of Investments	27.28	31.64	3.85	-46.59	-30.48	19.77
Gain (Loss) on Sale of Assets	857.17	833.61	234.56	226.34	1,091	130.01
Asset Writedown	-25.69	-458.85	-57.42	-485	-140.06	-1,150
Other Unusual Items	109.46	109.46	175.72	281.02	267.93	106.31
Pretax Income	19,027	19,531	20,876	19,247	18,566	16,207
Income Tax Expense	3,654	3,705	3,730	3,564	3,702	3,471
Earnings From Continuing Operations	15,373	15,826	17,146	15,683	14,864	12,736
Minority Interest in Earnings	-3,719	-3,811	-4,197	-4,248	-5,000	-4,749
Net Income	11,655	12,015	12,949	11,435	9,864	7,987
Net Income to Common	11,655	12,015	12,949	11,435	9,864	7,987
Net Income Growth	-9.82%	-7.21%	13.24%	15.92%	23.50%	10.33%
Shares Outstanding (Basic)	18,951	18,930	19,039	16,747	17,031	17,243
Shares Outstanding (Diluted)	18,951	18,930	19,039	16,747	17,031	17,243
Shares Change (YoY)	-0.62%	-0.57%	13.69%	-1.67%	-1.23%	8.78%
EPS (Basic)	0.61	0.63	0.68	0.68	0.58	0.46
EPS (Diluted)	0.61	0.63	0.68	0.68	0.58	0.46
EPS Growth	-9.26%	-6.68%	-0.40%	17.89%	25.04%	1.42%
Free Cash Flow	-30,129	-34,545	-51,495	-26,919	-22,022	-28,236
Free Cash Flow Per Share	-1.59	-1.82	-2.71	-1.61	-1.29	-1.64
Dividend Per Share	0.127	0.127	0.136	0.120	0.100	0.093
Dividend Growth	-6.99%	-6.99%	13.68%	20.59%	7.48%	133.00%
Gross Margin	12.97%	13.19%	13.23%	12.21%	12.01%	14.12%
Operating Margin	4.85%	4.96%	5.32%	4.70%	4.74%	6.17%
Profit Margin	1.83%	1.90%	2.13%	2.00%	1.75%	1.99%
Free Cash Flow Margin	-4.74%	-5.45%	-8.46%	-4.71%	-3.90%	-7.04%
EBITDA	49,874	50,112	49,726	41,986	39,610	34,178
EBITDA Margin	7.84%	7.91%	8.17%	7.34%	7.01%	8.52%
D&A For EBITDA	19,007	18,677	17,356	15,115	12,830	9,415
EBIT	30,868	31,435	32,369	26,870	26,780	24,763
EBIT Margin	4.85%	4.96%	5.32%	4.70%	4.74%	6.17%
Effective Tax Rate	19.20%	18.97%	17.87%	18.52%	19.94%	21.42%
Revenue as Reported	636,814	634,552	609,844	572,613	565,653	401,955

Updated Oct 30, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.