CGN New Energy Holdings Co Ltd
HKEX:1811
Income Statement
Earnings Waterfall
CGN New Energy Holdings Co Ltd
Revenue
|
2.2B
USD
|
Cost of Revenue
|
-1.1B
USD
|
Gross Profit
|
1.1B
USD
|
Operating Expenses
|
-505.5m
USD
|
Operating Income
|
552.5m
USD
|
Other Expenses
|
-284.8m
USD
|
Net Income
|
267.7m
USD
|
Income Statement
CGN New Energy Holdings Co Ltd
Dec-2015 | Jun-2016 | Dec-2016 | Jun-2017 | Dec-2017 | Jun-2018 | Dec-2018 | Jun-2019 | Dec-2019 | Jun-2020 | Dec-2020 | Jun-2021 | Dec-2021 | Jun-2022 | Dec-2022 | Jun-2023 | Dec-2023 | ||
---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|---|
Revenue | ||||||||||||||||||
Revenue |
1 152
N/A
|
1 124
-2%
|
1 074
-4%
|
1 033
-4%
|
1 109
+7%
|
1 275
+15%
|
1 358
+7%
|
1 330
-2%
|
1 276
-4%
|
1 207
-5%
|
1 150
-5%
|
1 394
+21%
|
1 775
+27%
|
2 072
+17%
|
2 430
+17%
|
2 520
+4%
|
2 193
-13%
|
|
Gross Profit | ||||||||||||||||||
Cost of Revenue |
(820)
|
(727)
|
(695)
|
(688)
|
(736)
|
(870)
|
(942)
|
(892)
|
(815)
|
(717)
|
(609)
|
(696)
|
(919)
|
(1 116)
|
(1 387)
|
(1 443)
|
(1 135)
|
|
Gross Profit |
332
N/A
|
398
+20%
|
379
-5%
|
345
-9%
|
372
+8%
|
405
+9%
|
416
+3%
|
437
+5%
|
461
+5%
|
490
+6%
|
541
+10%
|
698
+29%
|
856
+23%
|
956
+12%
|
1 043
+9%
|
1 077
+3%
|
1 058
-2%
|
|
Operating Income | ||||||||||||||||||
Operating Expenses |
(173)
|
(208)
|
(202)
|
(195)
|
(206)
|
(221)
|
(217)
|
(216)
|
(229)
|
(232)
|
(254)
|
(292)
|
(377)
|
(424)
|
(401)
|
(472)
|
(505)
|
|
Selling, General & Administrative |
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
0
|
(20)
|
0
|
(3)
|
0
|
(9)
|
|
Depreciation & Amortization |
(109)
|
(140)
|
(143)
|
(137)
|
(134)
|
(147)
|
(144)
|
(144)
|
(160)
|
(164)
|
(193)
|
(230)
|
(266)
|
(316)
|
(336)
|
(337)
|
(344)
|
|
Other Operating Expenses |
(63)
|
(68)
|
(58)
|
(58)
|
(72)
|
(74)
|
(73)
|
(72)
|
(69)
|
(67)
|
(61)
|
(61)
|
(90)
|
(108)
|
(62)
|
(135)
|
(153)
|
|
Operating Income |
159
N/A
|
190
+19%
|
177
-6%
|
150
-15%
|
166
+11%
|
184
+11%
|
199
+8%
|
221
+11%
|
232
+5%
|
258
+12%
|
287
+11%
|
406
+41%
|
480
+18%
|
532
+11%
|
643
+21%
|
605
-6%
|
552
-9%
|
|
Pre-Tax Income | ||||||||||||||||||
Interest Income Expense |
(11)
|
(46)
|
(85)
|
(98)
|
(85)
|
(93)
|
(83)
|
(81)
|
(86)
|
(105)
|
(110)
|
(132)
|
(223)
|
(278)
|
(290)
|
(269)
|
(210)
|
|
Non-Reccuring Items |
0
|
0
|
19
|
19
|
4
|
27
|
(0)
|
(0)
|
(27)
|
(9)
|
17
|
0
|
7
|
0
|
(53)
|
0
|
0
|
|
Gain/Loss on Disposition of Assets |
(0)
|
0
|
(1)
|
0
|
(1)
|
0
|
(4)
|
0
|
4
|
0
|
(0)
|
0
|
4
|
0
|
(0)
|
0
|
0
|
|
Total Other Income |
14
|
15
|
9
|
18
|
10
|
19
|
14
|
(10)
|
19
|
25
|
11
|
27
|
27
|
48
|
(26)
|
(44)
|
10
|
|
Pre-Tax Income |
162
N/A
|
159
-2%
|
120
-24%
|
88
-26%
|
95
+7%
|
138
+46%
|
125
-9%
|
129
+3%
|
141
+9%
|
169
+20%
|
205
+21%
|
301
+47%
|
295
-2%
|
302
+2%
|
273
-10%
|
291
+7%
|
353
+21%
|
|
Net Income | ||||||||||||||||||
Tax Provision |
(40)
|
(39)
|
(29)
|
(20)
|
(29)
|
(38)
|
(34)
|
(31)
|
(42)
|
(41)
|
(38)
|
(41)
|
(34)
|
(45)
|
(59)
|
(63)
|
(73)
|
|
Income from Continuing Operations |
122
|
120
|
91
|
69
|
66
|
100
|
91
|
98
|
99
|
128
|
168
|
260
|
261
|
257
|
214
|
228
|
280
|
|
Income to Minority Interest |
(19)
|
(19)
|
(12)
|
(4)
|
(4)
|
(3)
|
(3)
|
(6)
|
12
|
14
|
(6)
|
(17)
|
(17)
|
(20)
|
(19)
|
(13)
|
(12)
|
|
Net Income (Common) |
104
N/A
|
101
-3%
|
79
-21%
|
64
-19%
|
62
-4%
|
97
+56%
|
88
-9%
|
93
+5%
|
111
+20%
|
142
+28%
|
162
+14%
|
243
+50%
|
244
+0%
|
237
-3%
|
195
-18%
|
215
+10%
|
268
+24%
|
|
EPS (Diluted) |
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.02
N/A
|
0.01
-50%
|
0.02
+100%
|
0.02
N/A
|
0.02
N/A
|
0.03
+50%
|
0.03
N/A
|
0.04
+33%
|
0.06
+50%
|
0.06
N/A
|
0.06
N/A
|
0.05
-17%
|
0.05
N/A
|
0.06
+20%
|