China Everbright Water Limited (SGX:U9E)

China Everbright Water Income Statement

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue	5,355	6,852	6,705	6,728	6,912
Revenue Growth (YoY)	-21.84%	2.20%	-0.35%	-2.67%	22.06%
Selling, General & Admin	430.55	480.9	392.97	448.81	666.69
Provision for Bad Debts	86.47	165.79	195.77	230.9	-
Other Operating Expenses	2,997	4,234	3,882	4,164	4,111
Total Operating Expenses	3,551	4,931	4,524	4,895	4,777
Operating Income	1,804	1,921	2,181	1,833	2,135
Interest Expense	-484.72	-541.08	-590.92	-544.62	-435.3
Interest Income	8.29	13.53	26.66	28.3	22
Net Interest Expense	-476.44	-527.55	-564.26	-516.31	-413.3
Income (Loss) on Equity Investments	-2.22	-6.49	3.27	11.23	-6.76
Currency Exchange Gain (Loss)	-97.11	14.09	-	-	-
Other Non-Operating Income (Expenses)	-15.32	37.16	78.81	69.58	38.34
EBT Excluding Unusual Items	1,213	1,438	1,699	1,398	1,753
Total Merger & Restructuring Charges	-	-	-	-	-4.45
Gain (Loss) on Sale of Investments	0.57	7.5	-32.8	-15.79	-57.61
Gain (Loss) on Sale of Assets	0.07	0.63	-	-	-3.22
Other Unusual Items	-15.69	-25.05	-37.58	-14.33	-
Pretax Income	1,198	1,421	1,629	1,368	1,688
Income Tax Expense	292.52	319.07	404.91	315.1	404.91
Earnings From Continuing Ops.	905.65	1,102	1,224	1,053	1,283
Minority Interest in Earnings	-63.17	-82.34	-36.22	-42.01	-82.66
Net Income	842.48	1,020	1,187	1,011	1,200
Net Income to Common	842.48	1,020	1,187	1,011	1,200
Net Income Growth	-17.37%	-14.13%	17.50%	-15.81%	17.19%
Shares Outstanding (Basic)	2,861	2,861	2,861	2,861	2,861
Shares Outstanding (Diluted)	2,861	2,861	2,861	2,861	2,861
EPS (Basic)	0.29	0.36	0.42	0.35	0.42
EPS (Diluted)	0.29	0.36	0.42	0.35	0.42
EPS Growth	-17.37%	-14.13%	17.50%	-15.81%	17.19%
Free Cash Flow	1,091	-143.85	-582.86	-756.61	-698.89
Free Cash Flow Per Share	0.38	-0.05	-0.20	-0.26	-0.24
Dividend Per Share	0.103	0.119	0.124	0.106	0.126
Dividend Growth	-13.36%	-4.34%	17.47%	-15.82%	28.24%
Profit Margin	15.73%	14.88%	17.71%	15.02%	17.36%
Free Cash Flow Margin	20.38%	-2.10%	-8.69%	-11.25%	-10.11%
EBITDA	2,030	2,120	2,382	2,073	2,243
EBITDA Margin	37.90%	30.94%	35.53%	30.81%	32.45%
D&A For EBITDA	225.25	199.25	201.04	239.4	107.83
EBIT	1,804	1,921	2,181	1,833	2,135
EBIT Margin	33.69%	28.03%	32.53%	27.25%	30.89%
Effective Tax Rate	24.41%	22.45%	24.86%	23.04%	23.99%

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.