Sany Renewable Energy Co.,Ltd. (SHA:688349)

Sany Renewable Energy 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	18,089	14,834	12,238	10,058	9,194
Other Revenue	-	104.46	86.82	136.83	117.07
Revenue	18,089	14,939	12,325	10,195	9,311
Revenue Growth (YoY)	21.09%	21.21%	20.89%	9.50%	528.57%
Cost of Revenue	15,891	12,396	9,426	7,269	6,534
Gross Profit	2,198	2,543	2,899	2,925	2,777
Selling, General & Admin	-	1,620	1,174	1,010	900.35
Research & Development	-	871.66	768.31	541.89	461.73
Other Operating Expenses	-	-24.11	-27.35	-119.6	-141.69
Operating Expenses	-	2,438	1,977	1,489	1,231
Operating Income	2,198	104.94	921.23	1,436	1,546
Interest Expense	-	-101.2	-121.19	-111.2	-66.13
Interest & Investment Income	-	2,097	1,107	589.25	92.86
Currency Exchange Gain (Loss)	-	4.11	23.72	-0.3	-
Other Non Operating Income (Expenses)	0.8	-73.88	-21.56	-14.31	-88.45
EBT Excluding Unusual Items	2,198	2,031	1,909	1,900	1,485
Gain (Loss) on Sale of Investments	-	-44.38	-74.35	39.09	66.54
Gain (Loss) on Sale of Assets	-	0.21	0.14	0.26	-1.92
Asset Writedown	-	-4.89	-65.99	-96.82	-69.79
Legal Settlements	-	-	-	0.9	-
Other Unusual Items	-	417.72	116.28	6.84	-0.75
Pretax Income	2,198	2,399	1,886	1,850	1,479
Income Tax Expense	341.65	392.92	232.63	246.88	108.79
Earnings From Continuing Operations	1,857	2,007	1,653	1,603	1,370
Minority Interest in Earnings	-	-	-5.2	-0	1.69
Net Income	1,857	2,007	1,648	1,603	1,372
Net Income to Common	1,857	2,007	1,648	1,603	1,372
Net Income Growth	-7.46%	21.78%	2.78%	16.88%	992.53%
Shares Outstanding (Basic)	1,202	1,194	1,086	988	989
Shares Outstanding (Diluted)	1,202	1,213	1,100	998	989
Shares Change (YoY)	-0.91%	10.27%	10.21%	1.00%	-22.77%
EPS (Basic)	1.54	1.68	1.52	1.62	1.39
EPS (Diluted)	1.54	1.65	1.50	1.61	1.39
EPS Growth	-6.62%	10.43%	-6.74%	15.73%	1314.69%
Free Cash Flow	-	-2,664	-1,860	-1,253	-1,234
Free Cash Flow Per Share	-	-2.20	-1.69	-1.25	-1.25
Dividend Per Share	-	0.590	0.430	-	-
Dividend Growth	-	37.21%	-	-	-
Gross Margin	12.15%	17.02%	23.52%	28.69%	29.83%
Operating Margin	12.15%	0.70%	7.47%	14.09%	16.61%
Profit Margin	10.27%	13.43%	13.37%	15.72%	14.73%
Free Cash Flow Margin	-	-17.84%	-15.09%	-12.29%	-13.25%
EBITDA	2,633	540.78	1,250	1,730	1,745
EBITDA Margin	14.56%	3.62%	10.15%	16.97%	18.75%
D&A For EBITDA	435.83	435.83	329.2	293.83	198.98
EBIT	2,198	104.94	921.23	1,436	1,546
EBIT Margin	12.15%	0.70%	7.47%	14.09%	16.61%
Effective Tax Rate	15.54%	16.38%	12.34%	13.34%	7.36%
Revenue as Reported	-	14,939	12,325	10,195	-

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