Fujian Mindong Electric Power Limited Company (SHE:000993)

SHE:000993 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	628.01	583.06	1,484	714.31	525.08	352.23
Other Revenue	19.6	19.6	19.58	17.83	57.97	17.19
Revenue	647.61	602.66	1,504	732.14	583.05	369.42
Revenue Growth (YoY)	-52.94%	-59.92%	105.37%	25.57%	57.83%	-38.10%
Selling, General & Admin	153.16	153.27	148.76	136.19	139.7	125.73
Provision for Bad Debts	2.19	2.45	1.1	-0.91	2.27	2.64
Other Operating Expenses	318.47	302.55	1,032	423.35	321.41	281.69
Total Operating Expenses	473.82	458.27	1,182	558.63	463.38	410.06
Operating Income	173.79	144.39	321.6	173.51	119.66	-40.64
Interest Expense	-19.86	-19.35	-16.59	-24.79	-43.58	-42.65
Interest Income	26.7	25.04	18.06	68.4	44.53	3.38
Net Interest Expense	6.84	5.69	1.47	43.61	0.95	-39.27
Other Non-Operating Income (Expenses)	-3.43	-4.48	-8.26	3.69	3.68	-4.61
EBT Excluding Unusual Items	177.2	145.6	314.8	220.8	124.3	-84.52
Gain (Loss) on Sale of Investments	50.22	50.22	-	-	-	-10.03
Gain (Loss) on Sale of Assets	0.04	0.14	-0.91	2.95	4.71	0.84
Asset Writedown	-3.27	-3.27	-4.13	-25.85	-10.2	-0.51
Other Unusual Items	16.08	5.83	4.6	10.02	1.48	4.91
Pretax Income	240.27	198.52	314.36	207.92	120.3	-89.32
Income Tax Expense	36.36	29.55	84.32	24.62	2.74	-6.69
Earnings From Continuing Ops.	203.92	168.96	230.04	183.3	117.56	-82.63
Minority Interest in Earnings	-2.39	0.36	4.47	1.01	2.59	1.93
Net Income	201.52	169.32	234.51	184.32	120.14	-80.7
Net Income to Common	201.52	169.32	234.51	184.32	120.14	-80.7
Net Income Growth	4.93%	-27.80%	27.23%	53.41%	-	-
Shares Outstanding (Basic)	493	458	460	461	462	448
Shares Outstanding (Diluted)	493	458	460	461	462	448
Shares Change (YoY)	7.91%	-0.48%	-0.21%	-0.28%	3.07%	-2.25%
EPS (Basic)	0.41	0.37	0.51	0.40	0.26	-0.18
EPS (Diluted)	0.41	0.37	0.51	0.40	0.26	-0.18
EPS Growth	-2.76%	-27.45%	27.50%	53.85%	-	-
Free Cash Flow	192.58	151.51	14.2	320.23	613.76	270.28
Free Cash Flow Per Share	0.39	0.33	0.03	0.69	1.33	0.60
Dividend Per Share	-	-	0.200	-	-	-
Profit Margin	31.12%	28.10%	15.60%	25.17%	20.61%	-21.84%
Free Cash Flow Margin	29.74%	25.14%	0.95%	43.74%	105.27%	73.17%
EBITDA	321.96	292.41	469.02	319.08	267.49	77.73
EBITDA Margin	49.71%	48.52%	31.19%	43.58%	45.88%	21.04%
D&A For EBITDA	148.17	148.02	147.42	145.58	147.83	118.37
EBIT	173.79	144.39	321.6	173.51	119.66	-40.64
EBIT Margin	26.84%	23.96%	21.39%	23.70%	20.52%	-11.00%
Effective Tax Rate	15.13%	14.89%	26.82%	11.84%	2.28%	-
Revenue as Reported	647.61	602.66	1,504	732.14	583.05	369.42

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