Jilin Electric Power Co.,Ltd. (SHE: 000875)

Jilin Electric Power Co.,Ltd. Income Statement

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

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019
Period Ending	Sep 30, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019
Operating Revenue	13,227	14,083	14,615	12,969	9,878	8,369
Other Revenue	359.85	359.85	339.93	284.5	182.51	182.59
Revenue	13,587	14,443	14,955	13,254	10,060	8,552
Revenue Growth (YoY)	-8.86%	-3.42%	12.83%	31.75%	17.64%	17.13%
Operations & Maintenance	-	-	-	17.6	-	-
Selling, General & Admin	209.17	213.03	170.56	147.49	91.54	102.9
Provision for Bad Debts	92.83	92.4	54.58	15.63	-30	35.46
Other Operating Expenses	9,824	10,763	11,422	10,412	7,839	6,676
Total Operating Expenses	10,199	11,147	11,709	10,633	7,919	6,816
Operating Income	3,388	3,295	3,246	2,621	2,141	1,736
Interest Expense	-1,449	-1,494	-1,840	-1,656	-1,303	-1,313
Interest Income	103.16	79.6	101.18	33.6	58.4	12.63
Net Interest Expense	-1,346	-1,415	-1,739	-1,622	-1,244	-1,300
Currency Exchange Gain (Loss)	-	-	-	-	-	0.07
Other Non-Operating Income (Expenses)	-64.5	-29.59	-14.82	-37.66	-26.37	119.02
EBT Excluding Unusual Items	1,977	1,851	1,493	961.48	870.11	555.23
Impairment of Goodwill	-	-	-49.77	-37.2	-27.38	-11.04
Gain (Loss) on Sale of Investments	-	-	-	-	-	-19.79
Gain (Loss) on Sale of Assets	-0.06	-6.44	-0.01	13.2	5.01	-0.09
Asset Writedown	-28.91	-28.91	-7.9	-0.07	-0.88	-56.92
Legal Settlements	42.28	42.28	-	-	-0.04	-
Other Unusual Items	132.42	40.32	-11.33	111.4	132.99	76.06
Pretax Income	2,123	1,898	1,424	1,049	979.8	543.45
Income Tax Expense	316.65	334.95	239.82	190.14	180.8	115.22
Earnings From Continuing Ops.	1,807	1,563	1,184	858.67	799	428.23
Minority Interest in Earnings	-570.27	-654.74	-509.1	-358.63	-320.92	-254.28
Net Income	1,236	908.42	674.62	500.04	478.08	173.95
Net Income to Common	1,236	908.42	674.62	500.04	478.08	173.95
Net Income Growth	32.01%	34.66%	34.91%	4.59%	174.83%	51.78%
Shares Outstanding (Basic)	2,753	2,753	2,811	2,632	2,173	2,174
Shares Outstanding (Diluted)	2,753	2,753	2,811	2,632	2,173	2,174
Shares Change (YoY)	-2.08%	-2.07%	6.80%	21.11%	-0.06%	-5.14%
EPS (Basic)	0.45	0.33	0.24	0.19	0.22	0.08
EPS (Diluted)	0.45	0.33	0.24	0.19	0.22	0.08
EPS Growth	34.82%	37.50%	26.32%	-13.64%	175.00%	60.00%
Free Cash Flow	-1,042	-1,340	636.24	-3,640	-7,236	-1,136
Free Cash Flow Per Share	-0.38	-0.49	0.23	-1.38	-3.33	-0.52
Dividend Per Share	0.117	0.110	-	-	-	-
Profit Margin	9.10%	6.29%	4.51%	3.77%	4.75%	2.03%
Free Cash Flow Margin	-7.67%	-9.28%	4.25%	-27.46%	-71.93%	-13.29%
EBITDA	6,947	6,730	6,515	5,411	4,300	3,748
EBITDA Margin	51.13%	46.60%	43.56%	40.82%	42.74%	43.83%
D&A For EBITDA	3,559	3,435	3,269	2,790	2,159	2,012
EBIT	3,388	3,295	3,246	2,621	2,141	1,736
EBIT Margin	24.94%	22.82%	21.70%	19.78%	21.28%	20.30%
Effective Tax Rate	14.91%	17.65%	16.85%	18.13%	18.45%	21.20%
Revenue as Reported	13,587	14,443	14,955	13,254	10,060	8,552

Source: S&P Capital IQ. Utility template. Financial Sources.