GUANGDONG ELECTRIC - Financials

GUANGDONG ELECTRIC — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	57.2B	59.7B	52.7B	44.5B	33.6B	29.4B	27.4B	26.6B	22.7B	25.7B	29.0B	30.8B	29.5B	26.7B	12.6B	12.2B	11.6B	10.4B	8.7B	8.3B
Revenue Growth %	-4.3%	13.4%	18.5%	32.3%	14.5%	7.1%	2.9%	17.5%	-11.8%	-11.4%	-5.8%	4.6%	10.3%	111.5%	3.3%	5.3%	11.8%	19.0%	5.0%	--
Total Revenue	57.2B	59.7B	52.7B	44.5B	33.6B	29.4B	27.4B	26.6B	22.7B	25.7B	29.0B	30.8B	29.5B	26.7B	12.6B	12.2B	11.6B	10.4B	8.7B	8.3B
Cost Of Revenue	49.5B	51.0B	52.9B	46.8B	26.6B	24.5B	24.2B	23.3B	17.8B	18.1B	20.9B	22.7B	23.3B	22.5B	10.9B	9.7B	11.0B	8.2B	6.5B	6.3B
+Gross Profit	7.6B	8.7B	-191.0M	-2.4B	7.0B	4.9B	3.2B	3.4B	4.9B	7.7B	8.1B	8.1B	6.2B	4.2B	1.8B	2.6B	623.0M	2.2B	2.2B	2.0B
Gross Margin %	13.4%	14.6%	-0.4%	-5.3%	20.7%	16.6%	11.5%	12.6%	21.5%	29.8%	27.9%	26.4%	20.9%	15.8%	14.0%	21.0%	5.4%	21.0%	25.1%	24.0%
Total Operating Cost	55.6B	58.1B	57.9B	50.3B	30.1B	27.0B	26.8B	25.6B	21.0B	20.8B	24.0B	26.0B	26.3B	25.4B	12.1B	11.1B	12.2B	9.2B	7.3B	7.0B
Selling Expenses	101.0M	93.2M	69.1M	65.4M	58.9M	43.8M	25.4M	8.2M	2.8M	1.8M	4.5M	5.8M	4.5M	2.3M	682,700	--	--	--	--	--
Admin Expenses	1.6B	1.6B	1.2B	1.1B	1.0B	875.0M	688.0M	638.0M	776.0M	922.0M	903.0M	948.0M	869.0M	945.0M	669.0M	563.0M	605.0M	580.0M	565.0M	461.0M
Rd Expenses	1.3B	1.1B	1.2B	585.0M	325.0M	9.7M	5.0M	17.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	2.3B	2.3B	2.1B	1.4B	1.2B	1.2B	1.4B	1.3B	1.4B	1.6B	1.8B	1.9B	1.8B	1.4B	452.0M	512.0M	586.0M	337.0M	151.0M	140.0M
+Operating Income	2.5B	2.7B	-4.1B	-4.7B	4.3B	2.5B	1.2B	1.6B	2.0B	5.7B	5.6B	5.5B	3.5B	1.7B	1.2B	1.7B	-272.0M	1.2B	1.4B	1.3B
Operating Margin %	4.3%	4.5%	-7.7%	-10.7%	12.7%	8.7%	4.4%	5.8%	8.9%	22.2%	19.4%	18.0%	12.0%	6.2%	9.2%	13.7%	-2.3%	11.9%	15.8%	16.2%
Non Operating Income	418.0M	98.0M	125.0M	139.0M	105.0M	33.2M	89.5M	9.5M	99.2M	98.4M	40.1M	101.0M	85.1M	192.0M	24.4M	49.1M	4.5M	5.9M	5.3M	2.5M
Non Operating Expenses	426.0M	357.0M	444.0M	171.0M	115.0M	32.0M	39.2M	9.9M	213.0M	18.6M	107.0M	69.9M	39.7M	12.5M	24.1M	59.3M	12.2M	16.5M	14.9M	5.1M
Investment Income	810.0M	984.0M	1.1B	836.0M	355.0M	126.0M	538.0M	489.0M	341.0M	801.0M	612.0M	742.0M	320.0M	281.0M	586.0M	502.0M	297.0M	50.9M	-31.1M	-15.0M
Asset Disposal Income	98,700	9.2M	30.8M	185.0M	341.0M	20.5M	1.6M	-4.7M	-3.7M	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	356.0M	1.7B	174.0M	29.3M	502.0M	162.0M	252.0M	146.0M	758.0M	22.9M	160.0M	276.0M	124.0M	304.0M	34.5M	254.0M	-4.3M	-847,400	1.2M	--
Other Income	78.0M	68.1M	80.2M	72.7M	55.7M	42.1M	52.8M	50.9M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	2.5B	2.4B	-4.4B	-4.8B	4.2B	2.5B	1.2B	1.6B	1.9B	5.8B	5.6B	5.6B	3.6B	1.8B	1.2B	1.7B	-279.0M	1.2B	1.4B	1.3B
Income Tax	700.0M	790.0M	107.0M	-525.0M	1.0B	738.0M	335.0M	416.0M	619.0M	1.2B	1.2B	1.2B	886.0M	397.0M	381.0M	298.0M	-148.0M	398.0M	448.0M	493.0M
+Net Income	1.8B	1.6B	-4.5B	-4.3B	3.2B	1.8B	910.0M	1.1B	1.3B	4.6B	4.3B	4.3B	2.7B	1.4B	788.0M	1.4B	-131.0M	828.0M	919.0M	854.0M
Net Margin %	3.1%	2.7%	-8.5%	-9.6%	9.5%	6.2%	3.3%	4.3%	5.7%	18.0%	14.9%	14.1%	9.1%	5.4%	6.2%	11.1%	-1.1%	8.0%	10.5%	10.3%
Net Income Attributable	964.0M	975.0M	-3.0B	-2.9B	2.1B	1.1B	474.0M	743.0M	937.0M	3.2B	3.0B	3.1B	1.7B	1.0B	766.0M	1.2B	29.0M	659.0M	745.0M	720.0M
Minority Interest	791.0M	651.0M	-1.5B	-1.3B	1.1B	660.0M	436.0M	395.0M	350.0M	1.4B	1.3B	1.3B	995.0M	431.0M	22.6M	198.0M	-160.0M	169.0M	174.0M	133.0M
Eps Basic	0.18	0.19	-0.57	-0.56	0.39	0.22	0.09	0.14	0.18	0.62	0.57	0.71	0.43	0.26	0.28	0.44	0.01	0.25	0.28	0.27
Eps Diluted	0.18	0.19	-0.57	-0.56	0.39	0.22	0.09	0.14	0.18	0.62	0.57	0.71	0.43	0.26	0.28	0.44	0.01	0.25	0.28	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	15.4B	16.4B	11.5B	8.1B	9.4B	5.1B	5.6B	5.0B	5.2B	5.2B	4.5B	4.4B	2.9B	4.0B	1.9B	1.7B	1.7B	2.2B	2.1B	1.1B
Trading Financial Assets	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	83.2M
Accounts Receivable	9.1B	9.0B	7.6B	7.0B	5.3B	3.2B	3.4B	2.8B	2.8B	2.5B	2.6B	3.3B	3.1B	3.2B	1.8B	1.3B	1.6B	1.2B	888.0M	1.2B
Notes Receivable	--	1.5M	2.6M	165,600	--	--	--	--	--	--	--	1.8M	--	--	--	--	--	--	--	150.0M
Notes And Accounts Receivable	9.1B	9.0B	7.6B	7.0B	5.3B	3.2B	3.4B	2.8B	2.8B	2.5B	2.6B	3.3B	3.1B	3.2B	1.8B	1.3B	1.6B	1.2B	888.0M	1.4B
Prepayments	1.4B	1.6B	1.5B	893.0M	785.0M	605.0M	906.0M	827.0M	1.1B	1.1B	1.5B	1.5B	1.1B	540.0M	669.0M	795.0M	619.0M	398.0M	375.0M	375.0M
Inventory	2.6B	2.7B	3.4B	3.0B	1.7B	1.8B	1.5B	1.5B	1.5B	1.3B	1.6B	1.6B	1.8B	2.2B	852.0M	736.0M	933.0M	599.0M	421.0M	602.0M
Total Current Assets	31.0B	31.9B	25.8B	22.9B	18.4B	11.3B	12.2B	11.6B	11.6B	11.0B	11.2B	12.1B	11.2B	12.0B	6.3B	5.2B	5.9B	4.5B	3.9B	3.6B
Long Term Equity Investment	10.8B	9.8B	9.2B	8.1B	7.3B	6.5B	6.4B	5.8B	5.4B	5.9B	6.6B	6.5B	6.0B	4.0B	5.5B	4.6B	3.5B	3.3B	2.2B	2.1B
Fixed Assets	--	62.9B	62.3B	57.0B	54.4B	38.5B	41.1B	41.0B	41.8B	44.3B	39.2B	41.5B	38.4B	36.0B	11.2B	12.0B	13.2B	14.2B	8.1B	7.6B
Fixed Assets Total	73.6B	63.0B	62.4B	57.1B	54.5B	38.6B	41.2B	41.0B	41.8B	44.3B	39.2B	41.5B	38.5B	36.0B	11.2B	12.0B	13.2B	14.2B	8.1B	7.6B
Construction In Progress	--	30.0B	11.8B	8.7B	9.3B	10.9B	7.7B	8.5B	6.3B	5.6B	6.3B	3.9B	7.3B	9.3B	10.0B	5.3B	3.5B	244.0M	5.1B	1.9B
Construction In Progress Total	31.4B	30.0B	11.8B	8.7B	9.3B	10.9B	7.7B	8.5B	6.3B	5.6B	6.4B	3.9B	7.6B	10.3B	11.1B	7.2B	4.3B	530.0M	5.5B	3.3B
Intangible Assets	3.8B	3.5B	3.3B	2.7B	2.5B	1.8B	1.9B	1.7B	1.7B	1.7B	1.5B	1.2B	1.2B	1.0B	472.0M	374.0M	387.0M	429.0M	425.0M	380.0M
Long Term Deferred Expenses	55.5M	81.1M	109.0M	30.3M	28.3M	19.5M	22.1M	27.0M	34.6M	28.8M	31.0M	324,900	--	--	--	--	--	--	--	28.2M
Total Non Current Assets	144.2B	129.3B	105.8B	91.6B	81.0B	64.2B	61.2B	59.4B	59.1B	61.0B	57.9B	55.8B	54.5B	52.9B	28.8B	25.0B	21.9B	19.5B	16.6B	13.4B
Total Assets	175.2B	161.2B	131.6B	114.5B	99.5B	75.5B	73.3B	71.0B	70.7B	71.9B	69.1B	67.9B	65.7B	64.8B	35.0B	30.2B	27.8B	24.1B	20.4B	17.0B
Short Term Borrowings	14.1B	15.8B	16.3B	12.4B	7.9B	5.9B	7.5B	9.3B	5.8B	6.3B	5.7B	9.4B	13.6B	15.2B	8.3B	3.8B	3.8B	2.9B	4.2B	1.4B
Accounts Payable	4.3B	4.4B	5.9B	6.6B	3.4B	2.5B	2.2B	2.2B	3.2B	1.7B	1.9B	2.7B	3.2B	3.6B	2.6B	1.0B	1.0B	1.7B	991.0M	764.0M
Advance Receipts	--	--	--	--	--	432,700	343,900	1.9M	12.5M	244,800	179,700	1.1M	1.1M	2.7M	2.1M	185,000	171,400	147,300	20.1M	390,000
Contract Liabilities	38.5M	41.3M	5.0M	5.9M	8.4M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	44.3B	46.8B	42.0B	37.8B	27.9B	19.7B	19.3B	19.3B	17.3B	16.4B	16.6B	21.6B	24.3B	26.4B	13.1B	8.7B	6.4B	6.7B	7.2B	4.5B
Long Term Borrowings	69.5B	62.8B	42.9B	28.9B	21.9B	16.6B	18.8B	19.5B	19.9B	21.3B	20.6B	15.3B	14.8B	15.2B	6.3B	7.3B	7.8B	5.2B	1.8B	2.0B
Total Non Current Liabilities	94.8B	80.5B	60.8B	43.8B	28.0B	21.6B	22.5B	22.1B	24.1B	25.3B	24.7B	20.7B	19.4B	19.6B	8.9B	9.4B	9.8B	5.4B	1.8B	2.0B
Total Liabilities	139.2B	127.3B	102.8B	81.5B	55.9B	41.3B	41.8B	41.3B	41.3B	41.7B	41.3B	42.3B	43.7B	46.0B	22.0B	18.1B	16.2B	12.0B	9.0B	6.5B
Paid In Capital	5.2B	5.2B	5.2B	5.2B	5.2B	5.2B	5.2B	5.2B	5.2B	5.2B	4.4B	4.4B	4.4B	2.8B	2.8B	2.7B	2.7B	2.7B	2.7B	2.7B
Capital Reserve	5.2B	5.2B	4.3B	4.3B	8.0B	5.1B	5.1B	5.0B	5.0B	5.0B	5.0B	5.0B	5.0B	4.6B	1.9B	1.3B	1.9B	1.8B	1.4B	1.4B
Surplus Reserve	8.9B	8.9B	8.9B	8.9B	8.5B	8.2B	7.8B	7.6B	6.8B	5.8B	4.8B	4.2B	4.0B	3.8B	3.4B	3.2B	3.2B	3.7B	3.7B	3.6B
Retained Earnings	2.1B	1.3B	309.0M	3.2B	8.1B	5.9B	5.5B	5.7B	6.1B	7.4B	7.0B	5.4B	2.9B	2.2B	2.1B	2.1B	1.1B	933.0M	753.0M	739.0M
Minority Equity	13.1B	11.8B	8.5B	9.6B	11.8B	8.0B	7.3B	6.0B	6.0B	6.5B	6.5B	6.5B	5.7B	5.5B	2.9B	2.8B	2.8B	2.9B	2.9B	2.1B
Equity Attributable	22.9B	22.1B	20.4B	23.4B	31.8B	26.2B	24.2B	23.7B	23.4B	23.8B	21.3B	19.1B	16.3B	13.4B	10.2B	9.3B	8.9B	9.1B	8.6B	8.4B
Total Equity	36.0B	33.9B	28.8B	33.0B	43.6B	34.2B	31.5B	29.7B	29.3B	30.2B	27.8B	25.6B	22.0B	18.9B	13.1B	12.1B	11.6B	12.0B	11.4B	10.5B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	64.4B	66.7B	59.0B	48.5B	36.9B	33.5B	31.4B	31.0B	25.0B	30.5B	34.7B	35.8B	34.6B	30.8B	14.3B	14.6B	12.7B	11.8B	10.5B	8.7B
Tax Refunds Received	448.0M	173.0M	2.4B	119.0M	126.0M	13.5M	10.4M	4.4M	5.5M	14.4M	9.4M	12.8M	9.9M	170.0M	4.9M	--	--	--	--	--
Total Operating Cash Inflow	65.2B	67.2B	61.7B	48.9B	37.3B	33.7B	31.6B	31.2B	25.2B	30.7B	34.8B	35.9B	34.7B	31.1B	14.4B	15.2B	12.8B	11.8B	10.6B	8.9B
Cash Paid For Goods	46.3B	51.4B	54.7B	43.6B	23.5B	20.6B	21.6B	23.5B	11.7B	14.1B	20.4B	20.9B	22.7B	21.6B	11.3B	7.3B	11.0B	6.7B	5.4B	6.0B
Cash Paid To Employees	3.2B	3.0B	2.7B	2.6B	2.3B	1.9B	1.8B	1.7B	1.8B	1.8B	1.8B	1.7B	1.5B	1.5B	1.1B	921.0M	910.0M	783.0M	574.0M	491.0M
Taxes Paid	3.0B	2.8B	1.7B	1.7B	2.9B	2.1B	1.6B	1.8B	2.5B	3.9B	3.8B	3.1B	2.2B	2.1B	1.1B	1.0B	1.1B	1.4B	1.4B	1.3B
Total Operating Cash Outflow	54.2B	58.7B	60.2B	48.8B	29.5B	25.4B	25.6B	27.5B	16.5B	20.2B	26.4B	26.2B	26.9B	25.6B	13.8B	9.5B	13.4B	9.3B	7.6B	8.0B
Operating Cash Flow	11.0B	8.5B	1.5B	122.0M	7.8B	8.3B	6.0B	3.7B	8.7B	10.4B	8.4B	9.7B	7.9B	5.4B	635.0M	5.7B	-594.0M	2.6B	3.0B	895.0M
Total Investing Cash Inflow	4.6B	534.0M	2.1B	2.0B	898.0M	361.0M	553.0M	272.0M	535.0M	1.1B	700.0M	925.0M	373.0M	696.0M	402.0M	306.0M	420.0M	66.9M	24.1M	17.9M
Total Investing Cash Outflow	18.9B	26.7B	15.2B	11.3B	9.3B	5.1B	3.9B	3.6B	3.3B	5.5B	6.8B	4.9B	3.3B	7.4B	4.8B	4.5B	2.4B	3.7B	3.5B	3.3B
Investing Cash Flow	-14.3B	-26.2B	-13.2B	-9.3B	-8.4B	-4.8B	-3.3B	-3.3B	-2.8B	-4.3B	-6.1B	-4.0B	-2.9B	-6.7B	-4.4B	-4.2B	-2.0B	-3.7B	-3.4B	-3.2B
Cash From Borrowings	33.6B	55.1B	50.1B	32.2B	24.1B	14.5B	16.5B	14.8B	9.9B	21.6B	22.7B	23.3B	21.7B	23.4B	14.6B	7.8B	9.4B	13.4B	8.4B	4.3B
Dividends And Interest Paid	3.4B	2.8B	2.3B	4.6B	3.0B	2.3B	2.4B	2.0B	3.6B	4.0B	4.2B	2.5B	3.9B	3.7B	1.5B	1.0B	923.0M	987.0M	891.0M	788.0M
Debt Repayments	35.4B	40.6B	30.4B	25.5B	20.6B	16.6B	17.9B	13.0B	14.1B	24.3B	21.7B	26.6B	24.2B	19.5B	10.8B	8.2B	8.5B	11.3B	5.8B	1.9B
Total Financing Cash Inflow	43.0B	64.3B	51.2B	39.5B	25.6B	15.2B	18.7B	15.0B	12.5B	23.4B	24.8B	25.8B	22.6B	26.5B	16.3B	7.8B	11.5B	13.5B	8.6B	5.1B
Total Financing Cash Outflow	39.8B	46.0B	36.1B	31.7B	23.9B	19.1B	20.8B	15.5B	18.5B	28.8B	26.9B	30.0B	28.8B	23.7B	12.4B	9.2B	9.4B	12.3B	7.1B	2.7B
Financing Cash Flow	3.2B	18.2B	15.1B	7.8B	1.7B	-4.0B	-2.1B	-581.0M	-6.0B	-5.4B	-2.1B	-4.1B	-6.2B	2.8B	3.9B	-1.4B	2.1B	1.1B	1.4B	2.4B
Net Change In Cash	-123.0M	520.0M	3.4B	-1.4B	1.1B	-491.0M	574.0M	-188.0M	-42.5M	699.0M	151.0M	1.6B	-1.2B	1.5B	155.0M	86.5M	-525.0M	77.7M	999.0M	23.4M
Ending Cash Balance	11.8B	12.0B	11.4B	8.0B	9.4B	5.1B	5.6B	5.0B	5.2B	5.2B	4.5B	4.4B	2.8B	4.0B	1.9B	1.7B	1.7B	2.2B	2.1B	--
Capex	15.2B	21.7B	14.6B	10.7B	8.3B	4.8B	3.7B	3.4B	3.3B	5.4B	6.7B	4.4B	2.9B	6.6B	4.1B	2.6B	1.7B	2.4B	3.2B	2.4B