Xizang Zhufeng Resources 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	2,180	1,636	1,466	1,971	2,047	1,131
Other Revenue	3.22	3.22	2.13	1.26	1.61	1.72
Revenue	2,183	1,639	1,468	1,973	2,049	1,133
Revenue Growth (YoY)	63.34%	11.64%	-25.55%	-3.71%	80.88%	-49.31%
Cost of Revenue	1,055	873.39	963.27	1,030	631.37	451.36
Gross Profit	1,128	766.09	505.23	942.79	1,417	681.26
Selling, General & Admin	255.8	223.22	251.88	211.74	256.29	289.48
Research & Development	4.96	0.99	-	-	-	-
Other Operating Expenses	391.84	164.2	137.49	177.34	175.12	68.1
Operating Expenses	638.67	386.56	388	388.95	431	357.45
Operating Income	489.37	379.52	117.22	553.83	986.26	323.81
Interest Expense	-35.98	-71.29	-105.82	-72.07	-23.74	-31.38
Interest & Investment Income	9.75	10	0.05	9.25	1.03	49.71
Currency Exchange Gain (Loss)	35.33	35.33	-105.71	200.28	-21.06	-186.87
Other Non Operating Income (Expenses)	133.59	-13.52	-10.71	-5.28	-7.59	2.95
EBT Excluding Unusual Items	632.06	340.05	-104.97	686.01	934.9	158.22
Gain (Loss) on Sale of Investments	35.93	21.88	-82.44	-61.86	-23.38	-10.2
Gain (Loss) on Sale of Assets	-0.23	-0.2	0.34	-0.92	-0.62	-0.07
Other Unusual Items	-32.12	-31.29	-19.85	-38.73	-37.69	-6.55
Pretax Income	635.64	330.44	-206.91	584.5	873.2	141.41
Income Tax Expense	210.31	114.3	14.47	190.69	158.22	110.82
Earnings From Continuing Operations	425.33	216.14	-221.39	393.81	714.99	30.58
Minority Interest in Earnings	21.6	13.47	6.04	18.08	5.46	-
Net Income	446.92	229.61	-215.35	411.89	720.45	30.58
Net Income to Common	446.92	229.61	-215.35	411.89	720.45	30.58
Net Income Growth	-	-	-	-42.83%	2255.61%	-94.90%
Shares Outstanding (Basic)	914	914	914	914	914	913
Shares Outstanding (Diluted)	914	914	914	914	914	913
Shares Change (YoY)	-0.02%	-0.00%	-0.03%	0.01%	0.13%	0.40%
EPS (Basic)	0.49	0.25	-0.24	0.45	0.79	0.03
EPS (Diluted)	0.49	0.25	-0.24	0.45	0.79	0.03
EPS Growth	-	-	-	-42.84%	2252.54%	-94.92%
Free Cash Flow	577.08	300.81	-76.8	-344.11	273.1	176.59
Free Cash Flow Per Share	0.63	0.33	-0.08	-0.38	0.30	0.19
Dividend Per Share	0.055	0.055	-	-	-	-
Gross Margin	51.67%	46.73%	34.40%	47.79%	69.18%	60.15%
Operating Margin	22.41%	23.15%	7.98%	28.08%	48.14%	28.59%
Profit Margin	20.47%	14.01%	-14.67%	20.88%	35.17%	2.70%
Free Cash Flow Margin	26.43%	18.35%	-5.23%	-17.45%	13.33%	15.59%
EBITDA	800.65	705.36	462.48	1,057	1,157	435.33
EBITDA Margin	36.67%	43.02%	31.49%	53.60%	56.47%	38.44%
D&A For EBITDA	311.28	325.84	345.25	503.45	170.58	111.52
EBIT	489.37	379.52	117.22	553.83	986.26	323.81
EBIT Margin	22.41%	23.15%	7.98%	28.08%	48.14%	28.59%
Effective Tax Rate	33.09%	34.59%	-	32.63%	18.12%	78.37%
Revenue as Reported	2,183	1,639	1,468	1,973	2,049	1,133

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.