ENN Energy Holdings Limited

2688.HK

Financial Statements

Income Statement (Annual)

Amounts in millions

2024

12/31/2024

Revenue

14,281

Cost of Revenue

12,538

Gross Profit

1,743

Gross Margin

12.2%

Operating Income

1,131

Operating Margin

7.9%

Net Income

778

Net Margin

5.5%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

1,397

EBITDA Margin

9.8%

2023

12/31/2023

Revenue

14,802

Cost of Revenue

12,938

Gross Profit

1,864

Gross Margin

12.6%

Operating Income

1,101

Operating Margin

7.4%

Net Income

886

Net Margin

6.0%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

1,502

EBITDA Margin

10.2%

2022

12/31/2022

Revenue

14,307

Cost of Revenue

12,258

Gross Profit

2,048

Gross Margin

14.3%

Operating Income

1,234

Operating Margin

8.6%

Net Income

763

Net Margin

5.3%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

1,651

EBITDA Margin

11.5%

2021

12/31/2021

Revenue

12,105

Cost of Revenue

10,277

Gross Profit

1,827

Gross Margin

15.1%

Operating Income

1,190

Operating Margin

9.8%

Net Income

1,008

Net Margin

8.3%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

1,468

EBITDA Margin

12.1%

2020

12/31/2020

Revenue

9,310

Cost of Revenue

7,707

Gross Profit

1,603

Gross Margin

17.2%

Operating Income

1,060

Operating Margin

11.4%

Net Income

816

Net Margin

8.8%

EPS (Basic)

$1.00

EPS (Diluted)

$1.00

EBITDA

1,304

EBITDA Margin

14.0%

Income Statement (Annual)

Financial performance (amounts in millions)

Item	2024	2023	2022	2021	2020
Revenue	14,281	14,802	14,307	12,105	9,310
Cost of Revenue	12,538	12,938	12,258	10,277	7,707
Gross Profit	1,743	1,864	2,048	1,827	1,603
Gross Margin	12.2%	12.6%	14.3%	15.1%	17.2%
Operating Income	1,131	1,101	1,234	1,190	1,060
Operating Margin	7.9%	7.4%	8.6%	9.8%	11.4%
Net Income	778	886	763	1,008	816
Net Margin	5.5%	6.0%	5.3%	8.3%	8.8%
EPS (Basic)	$1.00	$1.00	$1.00	$1.00	$1.00
EPS (Diluted)	$1.00	$1.00	$1.00	$1.00	$1.00
EBITDA	1,397	1,502	1,651	1,468	1,304
EBITDA Margin	9.8%	10.2%	11.5%	12.1%	14.0%