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

SHE:001299 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	643.63	552.05	530.47	461.75	447.4
Other Revenue	21.58	23.74	19.42	17.76	15.77
Revenue	665.21	575.79	549.9	479.51	463.17
Revenue Growth (YoY)	15.53%	4.71%	14.68%	3.53%	1.52%
Operations & Maintenance	0.25	0.18	0.15	0.08	0.38
Selling, General & Admin	49.31	42.82	38.57	34.22	31.59
Provision for Bad Debts	1.68	4.27	1.2	1.62	0.07
Other Operating Expenses	543.46	469.68	428.44	352.55	333.24
Total Operating Expenses	594.8	516.98	468.36	388.46	365.28
Operating Income	70.4	58.8	81.53	91.05	97.88
Interest Expense	-0.31	-0.13	-0.17	-0.18	-
Interest Income	24.81	25.02	17.73	24.53	7.99
Net Interest Expense	24.5	24.89	17.57	24.35	7.99
Other Non-Operating Income (Expenses)	-0.78	-1.1	10.25	-0.51	-0.52
EBT Excluding Unusual Items	94.12	82.59	109.36	114.9	105.35
Gain (Loss) on Sale of Investments	6.91	7.21	2.82	3.11	2.76
Gain (Loss) on Sale of Assets	1.8	-	-	-0.02	0
Asset Writedown	-0.28	-0.12	-0	0	-0.01
Other Unusual Items	0.77	7.1	-	-0.1	6.41
Pretax Income	103.32	96.78	112.18	117.89	114.51
Income Tax Expense	16.56	15.31	18.16	16.47	18.4
Earnings From Continuing Ops.	86.76	81.47	94.01	101.41	96.1
Minority Interest in Earnings	0.54	0.34	0.21	0.08	-
Net Income	87.3	81.81	94.22	101.5	96.1
Net Income to Common	87.3	81.81	94.22	101.5	96.1
Net Income Growth	6.71%	-13.17%	-7.17%	5.61%	10.55%
Shares Outstanding (Basic)	186	186	150	141	141
Shares Outstanding (Diluted)	186	186	150	141	141
Shares Change (YoY)	-0.10%	24.32%	6.10%	-0.26%	0.80%
EPS (Basic)	0.47	0.44	0.63	0.72	0.68
EPS (Diluted)	0.47	0.44	0.63	0.72	0.68
EPS Growth	6.82%	-30.16%	-12.50%	5.88%	9.68%
Free Cash Flow	25.9	57.3	110.71	73.24	84.06
Free Cash Flow Per Share	0.14	0.31	0.74	0.52	0.59
Dividend Per Share	0.800	0.300	-	-	-
Dividend Growth	166.67%	-	-	-	-
Profit Margin	13.12%	14.21%	17.14%	21.17%	20.75%
Free Cash Flow Margin	3.89%	9.95%	20.13%	15.28%	18.15%
EBITDA	93.73	82.12	105.1	113.54	117.97
EBITDA Margin	14.09%	14.26%	19.11%	23.68%	25.47%
D&A For EBITDA	23.33	23.32	23.57	22.49	20.09
EBIT	70.4	58.8	81.53	91.05	97.88
EBIT Margin	10.58%	10.21%	14.83%	18.99%	21.13%
Effective Tax Rate	16.03%	15.82%	16.19%	13.98%	16.07%
Revenue as Reported	665.21	575.79	549.9	479.51	463.17

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