China National Nuclear Power Co., Ltd. (SHA:601985)

SHA:601985 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	79,240	76,956	74,499	71,002	62,430	52,006
Other Revenue	315.96	315.96	458.53	283.68	264.95	270.38
Revenue	79,556	77,272	74,957	71,286	62,695	52,276
Revenue Growth (YoY)	6.00%	3.09%	5.15%	13.70%	19.93%	10.61%
Operations & Maintenance	67.65	67.65	98.11	68.83	62.22	70.09
Selling, General & Admin	4,074	4,022	3,845	4,627	3,220	2,340
Provision for Bad Debts	87.67	85.95	77.85	-59.52	12.38	46.33
Other Operating Expenses	44,079	42,786	39,993	37,694	34,753	28,653
Total Operating Expenses	49,684	48,336	45,398	43,728	39,385	32,135
Operating Income	29,872	28,936	29,560	27,557	23,310	20,141
Interest Expense	-6,624	-6,710	-6,934	-7,641	-7,656	-7,060
Interest Income	572.31	566.27	564.85	483.07	436.72	309.67
Net Interest Expense	-6,051	-6,144	-6,369	-7,158	-7,219	-6,750
Currency Exchange Gain (Loss)	54.64	54.64	-218.69	-398.82	832.43	199.59
Other Non-Operating Income (Expenses)	-500.11	-312.23	-347.95	-287.15	-233.12	-314.49
EBT Excluding Unusual Items	23,375	22,535	22,624	19,713	16,690	13,277
Impairment of Goodwill	-216.33	-216.33	-55.84	-48.35	-8.29	-
Gain (Loss) on Sale of Investments	-17.48	-17.48	0.16	0.05	-	-
Gain (Loss) on Sale of Assets	19.33	11.23	57.93	1.04	15.54	-259.16
Asset Writedown	-24.03	-24.06	-57.4	-75.87	-26.94	-77.64
Insurance Settlements	77.42	77.42	322.01	6.34	1.83	4.57
Legal Settlements	-	-	-17.66	-	-	-1.85
Other Unusual Items	186.05	198.15	107.97	-26.81	164.38	236.77
Pretax Income	23,400	22,564	22,981	19,570	16,837	13,179
Income Tax Expense	6,322	6,011	3,571	3,247	2,505	2,232
Earnings From Continuing Ops.	17,078	16,553	19,411	16,323	14,332	10,947
Minority Interest in Earnings	-8,222	-7,776	-8,787	-7,313	-6,115	-4,952
Net Income	8,855	8,777	10,624	9,010	8,217	5,995
Net Income to Common	8,855	8,777	10,624	9,010	8,217	5,995
Net Income Growth	-16.93%	-17.38%	17.91%	9.66%	37.05%	26.02%
Shares Outstanding (Basic)	19,397	18,958	19,177	19,253	18,259	15,819
Shares Outstanding (Diluted)	19,397	18,958	19,177	19,294	18,932	16,336
Shares Change (YoY)	1.64%	-1.14%	-0.61%	1.91%	15.89%	1.29%
EPS (Basic)	0.46	0.46	0.55	0.47	0.45	0.38
EPS (Diluted)	0.46	0.46	0.55	0.47	0.43	0.37
EPS Growth	-18.27%	-16.43%	18.63%	7.60%	18.26%	24.41%
Free Cash Flow	-58,680	-49,988	-23,974	-3,812	10,485	7,195
Free Cash Flow Per Share	-3.02	-2.64	-1.25	-0.20	0.55	0.44
Dividend Per Share	0.195	0.195	0.195	0.170	0.150	0.130
Dividend Growth	-	-	14.71%	13.33%	15.38%	6.56%
Profit Margin	11.13%	11.36%	14.17%	12.64%	13.11%	11.47%
Free Cash Flow Margin	-73.76%	-64.69%	-31.98%	-5.35%	16.72%	13.76%
EBITDA	47,906	46,634	45,916	42,977	37,372	31,920
EBITDA Margin	60.22%	60.35%	61.26%	60.29%	59.61%	61.06%
D&A For EBITDA	18,034	17,698	16,356	15,419	14,062	11,779
EBIT	29,872	28,936	29,560	27,557	23,310	20,141
EBIT Margin	37.55%	37.45%	39.43%	38.66%	37.18%	38.53%
Effective Tax Rate	27.02%	26.64%	15.54%	16.59%	14.88%	16.94%
Revenue as Reported	79,556	77,272	74,957	71,286	62,695	52,276

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Utility template. Financial Sources.