SIIC Environment Holdings Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Revenue	7,073	7,596	7,573	8,304	7,267
Revenue Growth (YoY)	-6.88%	0.30%	-8.80%	14.27%	16.24%
Selling, General & Admin	776.7	737.84	656.17	597.24	567.08
Other Operating Expenses	4,611	4,979	4,870	5,672	4,865
Total Operating Expenses	5,387	5,717	5,526	6,269	5,432
Operating Income	1,686	1,879	2,047	2,035	1,835
Interest Expense	-670.23	-778.48	-833.16	-713.93	-677.3
Interest Income	22.29	25.97	28.81	35.94	33.56
Net Interest Expense	-647.94	-752.51	-804.35	-677.99	-643.74
Income (Loss) on Equity Investments	11.76	11.93	14.68	37.76	31.23
Other Non-Operating Income (Expenses)	91.75	74.64	135.93	89.23	174.13
EBT Excluding Unusual Items	1,141	1,213	1,393	1,484	1,397
Total Merger & Restructuring Charges	-	-	-	-1.14	-0.28
Gain (Loss) on Sale of Investments	-0.41	0.48	0.16	0.93	-0.37
Gain (Loss) on Sale of Assets	47.53	-	-	2.58	23.57
Other Unusual Items	-130.86	-	-	-	6.51
Pretax Income	1,057	1,214	1,394	1,486	1,426
Income Tax Expense	90.04	261.9	373.86	364.17	357.23
Earnings From Continuing Ops.	967.29	951.64	1,020	1,122	1,069
Minority Interest in Earnings	-356.85	-346.5	-415.64	-341.59	-362.86
Net Income	610.44	605.14	604.02	780.2	706.16
Net Income to Common	610.44	605.14	604.02	780.2	706.16
Net Income Growth	0.88%	0.19%	-22.58%	10.48%	11.15%
Shares Outstanding (Basic)	2,576	2,576	2,576	2,576	2,582
Shares Outstanding (Diluted)	2,576	2,576	2,576	2,576	2,582
Shares Change (YoY)	-	-	-	-0.24%	-0.81%
EPS (Basic)	0.24	0.23	0.23	0.30	0.27
EPS (Diluted)	0.24	0.23	0.23	0.30	0.27
EPS Growth	0.89%	0.17%	-22.58%	10.75%	12.04%
Free Cash Flow	1,238	423.76	1,791	-1,549	111.43
Free Cash Flow Per Share	0.48	0.17	0.69	-0.60	0.04
Dividend Per Share	0.060	0.059	0.059	0.077	0.071
Dividend Growth	1.68%	-0.45%	-23.41%	9.16%	43.10%
Profit Margin	8.63%	7.97%	7.98%	9.40%	9.72%
Free Cash Flow Margin	17.50%	5.58%	23.65%	-18.66%	1.53%
EBITDA	2,518	2,468	2,481	2,417	2,165
EBITDA Margin	35.61%	32.49%	32.76%	29.11%	29.79%
D&A For EBITDA	832.92	589.15	433.77	382.9	329.88
EBIT	1,686	1,879	2,047	2,035	1,835
EBIT Margin	23.83%	24.74%	27.03%	24.50%	25.25%
Effective Tax Rate	8.52%	21.58%	26.83%	24.51%	25.05%

Source: S&P Global Market Intelligence. Utility template. Financial Sources.