Jinko Power Technology Co., Ltd. (SHA:601778)

Jinko Power Technology 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	5,075	4,741	4,202	3,167	3,766	3,524
Other Revenue	33.65	33.65	168.73	29.56	1.57	63.23
Revenue	5,109	4,775	4,370	3,196	3,768	3,588
Revenue Growth (YoY)	17.99%	9.25%	36.72%	-15.16%	5.02%	-32.88%
Selling, General & Admin	613.01	626.04	562.51	407.53	387.91	361.96
Provision for Bad Debts	141.66	137.71	220.72	72.88	37.7	80.5
Other Operating Expenses	3,335	3,015	2,660	1,675	2,191	1,818
Total Operating Expenses	4,093	3,783	3,449	2,164	2,624	2,266
Operating Income	1,016	991.87	921.57	1,033	1,144	1,322
Interest Expense	-851.69	-844.48	-746.27	-910.91	-931.42	-868.52
Interest Income	328.19	308.89	487.46	166.17	188.22	159.62
Net Interest Expense	-523.5	-535.59	-258.81	-744.74	-743.19	-708.9
Currency Exchange Gain (Loss)	-2.03	-2.03	-74.18	-6.15	-8.85	0.05
Other Non-Operating Income (Expenses)	-10.76	-5.81	-70.53	-23.37	-53.66	-45.08
EBT Excluding Unusual Items	479.8	448.45	518.04	258.42	338	568.06
Gain (Loss) on Sale of Investments	32.3	17.14	29.9	3.37	-	-
Gain (Loss) on Sale of Assets	-0.22	0.52	-3.44	1.58	0.97	4.39
Asset Writedown	-59.85	-78.75	-99.65	-42.22	-35.17	-32.43
Insurance Settlements	9.68	9.68	2.79	0.55	16.19	5.93
Legal Settlements	0.37	0.37	21.71	8.53	-0.15	-0.17
Other Unusual Items	13.93	13.93	-	58.27	147.47	-
Pretax Income	476.02	411.34	469.36	288.51	467.3	545.78
Income Tax Expense	80.09	79.02	77.04	55.69	124.77	59.31
Earnings From Continuing Ops.	395.93	332.32	392.33	232.82	342.53	486.47
Minority Interest in Earnings	-7.78	-7.95	-8.95	-16.28	-15.3	-10.67
Net Income	388.15	324.38	383.38	216.54	327.24	475.81
Net Income to Common	388.15	324.38	383.38	216.54	327.24	475.81
Net Income Growth	49.01%	-15.39%	77.05%	-33.83%	-31.23%	-34.20%
Shares Outstanding (Basic)	3,654	3,604	3,485	2,707	2,727	2,504
Shares Outstanding (Diluted)	3,654	3,604	3,485	2,707	2,727	2,504
Shares Change (YoY)	-1.27%	3.41%	28.77%	-0.74%	8.89%	14.29%
EPS (Basic)	0.11	0.09	0.11	0.08	0.12	0.19
EPS (Diluted)	0.11	0.09	0.11	0.08	0.12	0.19
EPS Growth	50.93%	-18.18%	37.50%	-33.33%	-36.84%	-42.42%
Free Cash Flow	759.15	-1,084	-3,891	-741.96	-1,024	587.23
Free Cash Flow Per Share	0.21	-0.30	-1.12	-0.27	-0.38	0.23
Dividend Per Share	0.028	0.028	0.011	0.007	0.030	-
Dividend Growth	153.64%	153.64%	57.14%	-76.47%	-	-
Profit Margin	7.60%	6.79%	8.77%	6.77%	8.69%	13.26%
Free Cash Flow Margin	14.86%	-22.70%	-89.04%	-23.21%	-27.18%	16.37%
EBITDA	2,171	2,125	1,968	1,971	2,095	2,315
EBITDA Margin	42.49%	44.51%	45.02%	61.65%	55.60%	64.52%
D&A For EBITDA	1,155	1,133	1,046	938.06	950.93	992.77
EBIT	1,016	991.87	921.57	1,033	1,144	1,322
EBIT Margin	19.89%	20.77%	21.09%	32.31%	30.36%	36.85%
Effective Tax Rate	16.83%	19.21%	16.41%	19.30%	26.70%	10.87%
Revenue as Reported	5,109	4,775	4,370	3,196	3,768	3,588

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