SOJC Dividend: Southern Co Yield Insights

Breakdown	TTM	12/31/2024	12/31/2023	12/31/2022	12/31/2021	12/31/2020
营收	28,912	26,724	25,253	29,279	23,113	20,375
营收同比增长 (YoY)	9%	6%	-14%	27%	13%	-5%
营收成本	3,098	2,747	3,087	4,993	2,954	2,098
毛利润	25,814	23,977	22,166	24,286	20,159	18,277
销售、一般及管理费用	--	--	--	--	--	--
研发	--	--	--	--	--	--
营业费用	18,388	16,930	16,408	18,539	14,953	13,132
其他非经营性收入 (费用)	851	765	821	724	646	485
税前利润	5,348	5,229	4,345	4,223	2,576	3,496
所得税费用	1,052	969	496	795	267	393
净利润	4,459	4,401	3,976	3,524	2,393	3,119
净利润增长	-6%	11%	13%	47%	-23%	-34%
稀释后流通股数	1,110	1,102	1,098	1,081	1,068	1,065
股份同比变动 (YoY)	1%	0%	2%	1%	0%	1%
每股收益 (摊薄)	4.02	3.99	3.62	3.25	2.24	2.93
每股收益增长率	-6%	10%	11%	45%	-24%	-35%
自由现金流	-1,823	833	-1,542	-1,621	-1,071	-745
每股自由现金流	-1.64	0.75	-1.4	-1.49	-1	-0.69
毛利率	89.28%	89.72%	87.77%	82.94%	87.21%	89.7%
营业利润率	25.68%	26.36%	22.8%	19.62%	22.52%	25.25%
净利率	15.42%	16.46%	15.74%	12.03%	10.35%	15.3%
自由现金流利润率	-6.3%	3.11%	-6.1%	-5.53%	-4.63%	-3.65%
EBITDA	13,201	12,313	10,744	9,811	9,179	9,050
EBITDA 利润率	45.65%	46.07%	42.54%	33.5%	39.71%	44.41%
EBITDA 中的折旧与摊销	5,775	5,266	4,986	4,064	3,973	3,905
EBIT	7,426	7,047	5,758	5,747	5,206	5,145
EBIT 利润率	25.68%	26.36%	22.8%	19.62%	22.52%	25.25%
有效税率	19.67%	18.53%	11.41%	18.82%	10.36%	11.24%

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