987 Income Statement - TTM - China Renewable Energy Investment Limited

Income Statement (TTM)

China Renewable Energy Investment Limited Income Statement shows changes in income and expenses over a period of time. Income Statement data includes Sales and Revenue, Gross Profit, Research and Development (R&D), Selling, General and Administrative Expense (SG&A), Operating Income, Income Tax Expense, Interest Expense, Non-Operating Income, Earnings per Share (EPS), and Shares Outstanding.

All numbers are times 1,000,000 except per share units.

	2020 09-30	2020 12-31	2021 03-31	2021 06-30	2021 09-30	2021 12-31	2022 03-31	2022 06-30	2022 09-30	2022 12-31	2023 03-31	2023 06-30	2023 09-30	2023 12-31	2024 03-31	2024 06-30	2024 09-30	2024 12-31	2025 03-31	2025 06-30
Revenue	194	206	225	243	247	250	238	225	211	197	192	187	184	181	170	158	160	163	173	183
Change (%)		6.31	8.95	8.22	1.49	1.46	-5.07	-5.34	-6.16	-6.56	-2.67	-2.74	-1.43	-1.45	-6.49	-6.94	1.66	1.64	6.09	5.74
% of Revenue	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00	100.00

Cost Of Sales	125	129	133	137	138	138	136	134	133	133	133	133	131	129	128	127	129	130	129	128
Change (%)		2.89	3.12	3.03	0.40	0.40	-1.39	-1.41	-0.67	-0.67	0.27	0.27	-1.52	-1.54	-0.85	-0.85	1.23	1.21	-0.96	-0.97
% of Revenue	64.66	62.58	59.23	56.39	55.79	55.21	57.35	59.73	63.22	67.21	69.23	71.38	71.31	71.24	75.54	80.47	80.13	79.80	74.49	69.75

Gross Operating Profit	69	77	92	106	109	112	101	91	78	65	59	53	53	52	41	31	32	33	44	55
Change (%)		12.57	18.70	15.75	2.89	2.81	-9.60	-10.62	-14.30	-16.69	-8.69	-9.51	-1.20	-1.22	-20.45	-25.71	3.46	3.35	33.97	25.36
% of Revenue	35.34	37.42	40.77	43.61	44.21	44.79	42.65	40.27	36.78	32.79	30.77	28.62	28.69	28.76	24.46	19.53	19.87	20.20	25.51	30.25

SG&A	26	23	21	20	24	29	37	45	50	54	51	47	42	37	35	33	32	31	31	32
Change (%)		-12.59	-6.65	-7.13	23.57	19.07	26.99	21.25	10.48	9.49	-6.79	-7.29	-10.06	-11.19	-6.54	-6.99	-3.04	-3.14	2.85	2.77
% of Revenue	13.46	11.07	9.48	8.14	9.91	11.63	15.55	19.92	23.46	27.48	26.32	25.09	22.89	20.63	20.62	20.60	19.65	18.73	18.15	17.64

R&D
Change (%)
% of Revenue

OpEx	143	140	142	143	151	158	165	171	176	180	177	175	168	161	157	154	155	155	155	154
Change (%)		-2.18	1.14	1.12	5.29	5.02	4.14	3.97	2.58	2.51	-1.56	-1.59	-4.02	-4.19	-2.06	-2.10	0.49	0.49	-0.47	-0.47
% of Revenue	73.81	67.91	63.04	58.91	61.12	63.26	69.40	76.23	83.32	91.42	92.46	93.56	91.09	88.56	92.75	97.56	96.44	95.35	89.45	84.19

Operating Income	51	66	83	100	96	92	73	53	35	17	14	12	16	21	12	4	6	8	18	29
Change (%)		30.24	25.50	20.32	-3.96	-4.13	-20.92	-26.46	-34.17	-51.91	-14.46	-16.91	36.27	26.61	-40.72	-68.70	48.49	32.66	140.64	58.44
% of Revenue	26.19	32.09	36.96	41.09	38.88	36.74	30.60	23.77	16.68	8.58	7.54	6.44	8.91	11.44	7.25	2.44	3.56	4.65	10.55	15.81

Interest Expense	-37	-40	-41	-42	-40	-38	-37	-36	-36	-36	-35	-34	-31	-28	-24	-21	-18	-15	-13	-11
Change (%)		10.11	2.46	2.40	-4.77	-5.01	-2.71	-2.78	0.12	0.12	-2.96	-3.05	-8.75	-9.58	-13.09	-15.06	-14.79	-17.36	-11.75	-13.31
% of Revenue	-18.83	-19.50	-18.34	-17.36	-16.28	-15.24	-15.62	-16.05	-17.12	-18.34	-18.29	-18.23	-16.88	-15.49	-14.39	-13.14	-11.01	-8.95	-7.45	-6.10

Net Income	69	86	110	135	124	113	86	59	45	31	34	36	30	23	11	-1	8	16	27	37
Change (%)		24.21	28.13	21.95	-7.90	-8.58	-24.07	-31.69	-23.54	-30.79	8.21	7.59	-17.86	-21.74	-51.95	-108.14	-955.22	111.69	63.17	38.71
% of Revenue	35.77	41.80	49.15	55.39	50.27	45.30	36.23	26.14	21.30	15.78	17.54	19.40	16.17	12.84	6.60	-0.58	4.85	10.10	15.54	20.38

Source: Capital IQ

China Renewable Energy Investment Limited - Income Statement (TTM)

Income Statement (TTM)