Guanghui Energy Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	31,925	35,786	60,752	58,454	24,592	14,766
Other Revenue	655.9	655.9	723.1	955.07	272.84	367.43
Revenue	32,580	36,441	61,475	59,409	24,865	15,134
Revenue Growth (YoY)	-14.93%	-40.72%	3.48%	138.93%	64.30%	7.78%
Cost of Revenue	26,177	29,117	51,473	42,661	15,406	10,877
Gross Profit	6,403	7,324	10,002	16,747	9,458	4,256
Selling, General & Admin	1,090	977.57	829.82	953.15	789.73	785.04
Research & Development	312.77	316.73	306.24	395.12	334.3	168.05
Other Operating Expenses	1,194	1,081	595.86	778.45	561.88	221.97
Operating Expenses	2,672	2,466	1,741	2,142	1,749	1,190
Operating Income	3,731	4,858	8,261	14,605	7,709	3,066
Interest Expense	-724.29	-969.22	-944.39	-879.2	-1,291	-919.34
Interest & Investment Income	21.36	25.46	39.57	329.67	49.78	42.03
Currency Exchange Gain (Loss)	-27.21	-27.21	-25.92	80.58	-22.57	-55.45
Other Non Operating Income (Expenses)	-43.27	12.89	-567.28	-265.39	-118.98	-142.96
EBT Excluding Unusual Items	2,958	3,900	6,763	13,871	6,326	1,990
Impairment of Goodwill	-202.97	-202.97	-185.99	-	-	-
Gain (Loss) on Sale of Investments	-67.75	-66.77	-113.33	-8.77	-94.34	-329.66
Gain (Loss) on Sale of Assets	-68.07	-51.43	-9.6	17.38	-72.73	-27.73
Asset Writedown	-70.07	-78.44	-41.23	-215.85	-138.63	-8.61
Legal Settlements	-4.87	-4.87	-15.13	-1.9	-28.58	-24.07
Other Unusual Items	-15.75	-15.75	53.79	69.05	-7.59	-22.37
Pretax Income	2,528	3,480	6,451	13,731	5,984	1,578
Income Tax Expense	723.58	681.84	1,543	2,576	1,139	467.76
Earnings From Continuing Operations	1,805	2,798	4,909	11,155	4,846	1,110
Minority Interest in Earnings	182.77	163.23	249.69	181.77	157.59	226.13
Net Income	1,987	2,961	5,158	11,337	5,003	1,336
Net Income to Common	1,987	2,961	5,158	11,337	5,003	1,336
Net Income Growth	-13.33%	-42.60%	-54.50%	126.59%	274.40%	-16.31%
Shares Outstanding (Basic)	6,510	6,551	6,506	6,566	6,508	6,702
Shares Outstanding (Diluted)	6,510	6,551	6,506	6,566	6,508	6,702
Shares Change (YoY)	0.08%	0.70%	-0.92%	0.90%	-2.90%	-1.25%
EPS (Basic)	0.31	0.45	0.79	1.73	0.77	0.20
EPS (Diluted)	0.31	0.45	0.79	1.73	0.77	0.20
EPS Growth	-13.39%	-42.99%	-54.08%	124.58%	285.56%	-15.26%
Free Cash Flow	3,650	3,004	5,284	8,184	2,640	1,500
Free Cash Flow Per Share	0.56	0.46	0.81	1.25	0.41	0.22
Dividend Per Share	0.622	0.622	0.700	0.800	0.400	-
Dividend Growth	-11.14%	-11.14%	-12.50%	100.00%	-	-
Gross Margin	19.65%	20.10%	16.27%	28.19%	38.04%	28.13%
Operating Margin	11.45%	13.33%	13.44%	24.58%	31.00%	20.26%
Profit Margin	6.10%	8.13%	8.39%	19.08%	20.12%	8.83%
Free Cash Flow Margin	11.20%	8.24%	8.60%	13.78%	10.62%	9.91%
EBITDA	5,950	6,983	10,262	16,345	9,481	4,573
EBITDA Margin	18.26%	19.16%	16.69%	27.51%	38.13%	30.22%
D&A For EBITDA	2,219	2,125	2,001	1,740	1,772	1,507
EBIT	3,731	4,858	8,261	14,605	7,709	3,066
EBIT Margin	11.45%	13.33%	13.44%	24.58%	31.00%	20.26%
Effective Tax Rate	28.62%	19.60%	23.91%	18.76%	19.03%	29.64%
Revenue as Reported	32,580	36,441	61,475	59,409	24,865	15,134
Advertising Expenses	-	-	-	4.9	-	-

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