Jilin Expressway Co Ltd

SHSE:601518

China / Industriais / Infraestrutura de transporte

Resumo

Dividendos

Histórico Financeiro 10A

Preço Ação

2,82 CNY


Key Metrics	Latest
Total Revenue	1,378 B
Adjusted EBITDA	1,069 B
EBITDA Margin	77,6%
Net Profit Margin	40,9%
Total Assets	6,782 B
Total Debt	449,6 M

10Y Historical Financial Statements

Summary Financials


Summary Financials

	Fiscal Year Ending										Latest
(in millions)	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	12 Months

Revenue	604	562	775	974	851	781	850	1,272	1,459	1,447	1,378
% Growth		-7.1%	38.0%	25.6%	-12.6%	-8.3%	8.9%	49.6%	14.7%	-0.8%

Adjusted EBITDA	423	339	589	712	649	555	409	798	881	1,054	1,069
% Margin	70.0%	60.4%	76.0%	73.1%	76.2%	71.1%	48.1%	62.7%	60.4%	72.8%	77.6%

Adjusted EBIT	336	236	420	511	445	341	159	499	575	741	750
% Margin	55.5%	42.1%	54.2%	52.5%	52.3%	43.6%	18.7%	39.2%	39.4%	51.2%	54.4%

Adjusted Net Income	267	152	193	342	240	173	50	324	426	560	563
% Margin	44.1%	27.1%	24.9%	35.1%	28.2%	22.2%	5.9%	25.5%	29.2%	38.7%	40.9%

Adjusted Basic EPS	0.16	0.09	0.11	0.20	0.13	0.09	0.03	0.17	0.22	0.30	0.30

Cálculos de Suporte

Income Statement

Balance Sheet

Statement of Cashflows


Income Statement
											Original
CNY	Fiscal Year Ending										Latest
(in millions)	Dec-14	Dec-15	Dec-16	Dec-17	Dec-18	Dec-19	Dec-20	Dec-21	Dec-22	Dec-23	Sep-24
	FY - 9	FY - 8	FY - 7	FY - 6	FY - 5	FY - 4	FY - 3	FY - 2	FY - 1	FY	LTM

Revenue	604	562	775	974	851	781	850	1,272	1,459	1,447	1,378
% Growth	NA	-7.1%	38.0%	25.6%	-12.6%	-8.3%	8.9%	49.6%	14.7%	-0.8%

Cost of Revenue	(166)	(210)	(258)	(350)	(311)	(360)	(615)	(676)	(793)	(628)	(552)
Gross Profit	438	351	517	624	541	421	235	596	667	819	826
% Revenue	72.5%	62.6%	66.7%	64.0%	63.5%	53.9%	27.6%	46.9%	45.7%	56.6%	60.0%

Research and Development	0	0	0	0	0	0	0	(3)	(8)	(10)	(10)
Selling and Marketing	(1)	(0)	(0)	(0)	(0)	(0)	(1)	(2)	(1)	(2)	(2)
General and Admin	(81)	(95)	(83)	(108)	(90)	(74)	(70)	(86)	(76)	(58)	(57)
Other Inc / (Exp)	(23)	(22)	(17)	(107)	(7)	9	37	(6)	(8)	29	34
Total Operating Exp	(104)	(118)	(100)	(215)	(97)	(65)	(34)	(97)	(93)	(41)	(35)

Operating Income	334	233	417	409	444	355	201	499	574	777	791
% Revenue	55.3%	41.6%	53.8%	42.0%	52.1%	45.5%	23.6%	39.2%	39.3%	53.7%	57.4%

Interest Expense	11	(42)	(158)	(36)	(119)	(101)	(87)	(65)	(29)	(1)	9
Pre-tax Income	345	191	258	373	325	255	114	434	545	777	800
Earnings of Discontinued Ops.	0	0	0	0	0	0	0	0	0	0	0
Provision for Taxes	(80)	(41)	(66)	(106)	(84)	(68)	(47)	(106)	(118)	(187)	(205)
Net Income to Company	266	150	193	267	241	187	67	328	427	590	595
% Margin	44.0%	26.7%	24.9%	27.4%	28.2%	23.9%	7.9%	25.8%	29.3%	40.8%	43.2%

Minority Interest in Earnings	(11)	(11)	(1)	29	3	3	32	(10)	(33)	(44)	(51)
Net Income to Stockholders	254	139	192	297	244	189	99	318	394	546	544

Preferred Dividends	0	0	0	0	0	0	0	0	0	0	0
Other Adj.	0	0	0	0	0	0	0	0	0	0	0

Net Income to Common	254	139	192	297	244	189	99	318	394	546	544
% Margin	42.1%	24.8%	24.8%	30.5%	28.6%	24.3%	11.7%	25.0%	27.0%	37.8%	39.5%

As Reported
Basic EPS (Continuing Ops)	0.15	0.08	0.11	0.17	0.14	0.10	0.05	0.17	0.21	0.29	0.29
Diluted EPS (Continuing Ops)	0.15	0.08	0.11	0.17	0.14	0.10	0.05	0.17	0.21	0.29	0.29

WA Basic Shares Out.	1,696.44	1,771.27	1,679.32	1,730.96	1,795.73	1,894.18	1,984.15	1,857.85	1,900.62	1,884.44	1,874.70
WA Diluted Shares Out.	1,696.44	1,771.27	1,679.32	1,730.96	1,795.73	1,894.18	1,984.15	1,857.85	1,900.62	1,884.44	1,874.70

EBITDA, EBIT Reconciliation
EBT, Incl. Unusual Items	345	191	258	373	325	255	114	434	545	777	800
Addback: Net Interest Expense	(11)	42	158	36	119	101	87	65	29	1	(9)
Addback: Other Non Operating Expenses, Total	0	0	3	2	2	3	(19)	6	2	4	2
Addback: Depreciation & Amortization	87	103	169	201	203	215	250	299	306	313	319
Addback: Restructuring Charges	0	0	0	0	0	0	0	0	0	0	0
Addback: Merger / Acquisition Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Goodwill Impairment	0	0	0	0	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Invest.	0	0	0	48	0	0	0	0	0	0	0
Addback: Gain (Loss) On Sale Of Assets	1	3	0	2	(2)	1	(0)	24	5	0	(0)
Addback: Asset Writedown	0	0	(0)	51	1	1	0	0	0	0	0
Addback: In Process R&D Expenses	0	0	0	0	0	0	0	0	0	0	0
Addback: Insurance Settlements	0	0	0	0	0	0	0	0	0	0	0
Addback: Legal Settlements	0	0	0	0	0	0	0	0	0	0	0
Addback: Other Unusual Items	(0)	0	0	(0)	0	(20)	(22)	(31)	(5)	(40)	(43)
Adjusted EBITDA	423	339	589	712	649	555	409	798	881	1,054	1,069
% Margin	70.0%	60.4%	76.0%	73.1%	76.2%	71.1%	48.1%	62.7%	60.4%	72.8%	77.6%

Adjusted EBIT	336	236	420	511	445	341	159	499	575	741	750
% Margin	55.5%	42.1%	54.2%	52.5%	52.3%	43.6%	18.7%	39.2%	39.4%	51.2%	54.4%

Adjusted Net Income Reconciliation
Net Income to Company	266	150	193	267	241	187	67	328	427	590	595
Addback: Unusual Items	1	3	(0)	101	(0)	(18)	(22)	(6)	(1)	(40)	(43)
Less: Tax Benefit of Unusual Items (26%)	(0)	(1)	0	(26)	0	5	6	2	0	10	11
Adjusted Net Income	267	152	193	342	240	173	50	324	426	560	563
% Margin	44.1%	27.1%	24.9%	35.1%	28.2%	22.2%	5.9%	25.5%	29.2%	38.7%	40.9%

Erro de carregamento

Jilin Expressway Co Ltd

SHSE:601518

China / Industriais / Infraestrutura de transporte

Histórico Financeiro 10A