Inner Mongolia MengDian HuaNeng Thermal Power Corporation Limited (SHA:600863)

SHA:600863 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	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	21,367	21,678	22,344	23,021	18,953	15,316
Other Revenue	593.79	615.86	181.73	44.39	48.72	44.57
Revenue	21,961	22,294	22,525	23,066	19,001	15,361
Revenue Growth (YoY)	0.32%	-1.03%	-2.34%	21.39%	23.70%	6.10%
Selling, General & Admin	48.31	49.29	30.25	33.86	27.4	23.63
Provision for Bad Debts	8.21	8.21	-10.22	169.07	-2.69	27.54
Other Operating Expenses	18,476	18,842	18,699	19,676	17,685	13,530
Total Operating Expenses	18,568	18,935	18,765	19,893	17,716	13,599
Operating Income	3,393	3,359	3,760	3,173	1,285	1,761
Interest Expense	-270.35	-284.79	-398.65	-584.57	-747.06	-858.04
Interest Income	294.7	383.01	196.76	193.45	9.83	337.43
Net Interest Expense	24.35	98.22	-201.89	-391.12	-737.23	-520.62
Currency Exchange Gain (Loss)	-0.84	-1.36	-1.52	-13.86	6.09	13.65
Other Non-Operating Income (Expenses)	-346.05	-346.02	-549.32	-1.85	-34.33	-15.32
EBT Excluding Unusual Items	3,070	3,110	3,008	2,766	519.4	1,239
Impairment of Goodwill	-28.4	-28.4	-	-	-	-
Gain (Loss) on Sale of Investments	-	-	-	-	-48.26	1.98
Gain (Loss) on Sale of Assets	14.85	30.8	11.91	-8.16	-7.62	0.34
Asset Writedown	-265.2	-265.2	-567.38	-413.45	-	-356.44
Other Unusual Items	16.47	29.32	73.92	37.23	80.16	32.24
Pretax Income	2,808	2,876	2,526	2,381	543.68	916.91
Income Tax Expense	506.73	517.44	515.11	360.97	360.29	217.4
Earnings From Continuing Ops.	2,301	2,359	2,011	2,020	183.39	699.51
Minority Interest in Earnings	-115.99	-33.75	-6.02	-253.1	311.72	59.55
Net Income	2,185	2,325	2,005	1,767	495.11	759.06
Preferred Dividends & Other Adjustments	108.98	97.18	112.82	121.45	136.97	-
Net Income to Common	2,076	2,228	1,892	1,646	358.14	759.06
Net Income Growth	7.79%	15.98%	13.44%	256.97%	-34.77%	-31.25%
Shares Outstanding (Basic)	6,488	6,553	6,524	6,584	5,969	6,901
Shares Outstanding (Diluted)	6,488	6,553	6,524	6,584	5,969	6,901
Shares Change (YoY)	-1.51%	0.44%	-0.90%	10.30%	-13.50%	6.25%
EPS (Basic)	0.32	0.34	0.29	0.25	0.06	0.11
EPS (Diluted)	0.32	0.34	0.29	0.25	0.06	0.11
EPS Growth	8.42%	17.24%	16.00%	316.67%	-45.45%	-35.29%
Free Cash Flow	1,008	1,354	2,942	3,971	2,071	2,754
Free Cash Flow Per Share	0.15	0.21	0.45	0.60	0.35	0.40
Dividend Per Share	0.220	0.220	0.185	0.164	0.100	0.126
Dividend Growth	18.92%	18.92%	12.80%	64.00%	-20.64%	-
Profit Margin	9.46%	9.99%	8.40%	7.14%	1.88%	4.94%
Free Cash Flow Margin	4.59%	6.08%	13.06%	17.21%	10.90%	17.93%
EBITDA	5,711	5,664	6,399	5,984	3,966	4,378
EBITDA Margin	26.00%	25.41%	28.41%	25.94%	20.87%	28.50%
D&A For EBITDA	2,318	2,305	2,639	2,811	2,681	2,617
EBIT	3,393	3,359	3,760	3,173	1,285	1,761
EBIT Margin	15.45%	15.07%	16.69%	13.76%	6.76%	11.46%
Effective Tax Rate	18.05%	17.99%	20.39%	15.16%	66.27%	23.71%
Revenue as Reported	21,961	22,294	22,525	23,066	19,001	15,361

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