Shaanxi Meineng Clean Energy Corp.,Ltd. (SHE:001299)

SHE:001299 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	678.06	643.63	552.05	530.47	461.75	447.4
Other Revenue	21.58	21.58	23.74	19.42	17.76	15.77
Revenue	699.64	665.21	575.79	549.9	479.51	463.17
Revenue Growth (YoY)	16.71%	15.53%	4.71%	14.68%	3.53%	1.52%
Operations & Maintenance	0.25	0.25	0.18	0.15	0.08	0.38
Selling, General & Admin	52.17	49.31	42.82	38.57	34.22	31.59
Provision for Bad Debts	2.06	1.68	4.27	1.2	1.62	0.07
Other Operating Expenses	565.66	543.46	469.68	428.44	352.55	333.24
Total Operating Expenses	620.22	594.8	516.98	468.36	388.46	365.28
Operating Income	79.42	70.4	58.8	81.53	91.05	97.88
Interest Expense	-0.32	-0.31	-0.13	-0.17	-0.18	-
Interest Income	25.65	24.81	25.02	17.73	24.53	7.99
Net Interest Expense	25.32	24.5	24.89	17.57	24.35	7.99
Other Non-Operating Income (Expenses)	-1.18	-0.78	-1.1	10.25	-0.51	-0.52
EBT Excluding Unusual Items	103.56	94.12	82.59	109.36	114.9	105.35
Gain (Loss) on Sale of Investments	5.13	6.91	7.21	2.82	3.11	2.76
Gain (Loss) on Sale of Assets	1.8	1.8	-	-	-0.02	0
Asset Writedown	-0.28	-0.28	-0.12	-0	0	-0.01
Other Unusual Items	0.98	0.77	7.1	-	-0.1	6.41
Pretax Income	111.19	103.32	96.78	112.18	117.89	114.51
Income Tax Expense	18.22	16.56	15.31	18.16	16.47	18.4
Earnings From Continuing Ops.	92.97	86.76	81.47	94.01	101.41	96.1
Minority Interest in Earnings	0.68	0.54	0.34	0.21	0.08	-
Net Income	93.65	87.3	81.81	94.22	101.5	96.1
Net Income to Common	93.65	87.3	81.81	94.22	101.5	96.1
Net Income Growth	16.08%	6.71%	-13.17%	-7.17%	5.61%	10.55%
Shares Outstanding (Basic)	243	241	242	194	183	184
Shares Outstanding (Diluted)	243	241	242	194	183	184
Shares Change (YoY)	2.15%	-0.08%	24.30%	6.09%	-0.25%	0.79%
EPS (Basic)	0.38	0.36	0.34	0.48	0.55	0.52
EPS (Diluted)	0.38	0.36	0.34	0.48	0.55	0.52
EPS Growth	13.64%	6.79%	-30.15%	-12.50%	5.87%	9.69%
Free Cash Flow	19.9	25.9	57.3	110.71	73.24	84.06
Free Cash Flow Per Share	0.08	0.11	0.24	0.57	0.40	0.46
Dividend Per Share	0.615	0.615	0.231	-	-	-
Dividend Growth	166.64%	166.64%	-	-	-	-
Profit Margin	13.39%	13.12%	14.21%	17.14%	21.17%	20.75%
Free Cash Flow Margin	2.84%	3.89%	9.95%	20.13%	15.28%	18.15%
EBITDA	102.75	93.73	82.12	105.1	113.54	117.97
EBITDA Margin	14.69%	14.09%	14.26%	19.11%	23.68%	25.47%
D&A For EBITDA	23.33	23.33	23.32	23.57	22.49	20.09
EBIT	79.42	70.4	58.8	81.53	91.05	97.88
EBIT Margin	11.35%	10.58%	10.21%	14.83%	18.99%	21.13%
Effective Tax Rate	16.39%	16.03%	15.82%	16.19%	13.98%	16.07%
Revenue as Reported	699.64	665.21	575.79	549.9	479.51	463.17

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