Fujian Funeng 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	13,989	14,439	14,550	14,176	12,017	9,437
Other Revenue	124.19	124.19	145.39	142.21	138.96	120.5
Revenue	14,113	14,563	14,695	14,318	12,156	9,557
Revenue Growth (YoY)	-4.78%	-0.90%	2.63%	17.79%	27.19%	-3.90%
Selling, General & Admin	363.55	361.68	315.3	277.06	269.01	239.33
Provision for Bad Debts	9.26	10.78	1.27	15.12	0.84	1.51
Other Operating Expenses	10,003	10,741	11,224	10,911	10,032	7,319
Total Operating Expenses	10,517	11,256	11,670	11,312	10,373	7,581
Operating Income	3,597	3,307	3,025	3,006	1,783	1,976
Interest Expense	-431.21	-554.2	-652.42	-666.82	-544.08	-482.58
Interest Income	1,292	1,270	1,290	1,339	635.87	537.58
Net Interest Expense	860.83	715.71	637.32	671.77	91.79	55
Currency Exchange Gain (Loss)	0.25	0.25	0.3	0.78	-0.21	-1.61
Other Non-Operating Income (Expenses)	24.07	-0.85	-34.61	15.45	-35.56	0.59
EBT Excluding Unusual Items	4,482	4,022	3,628	3,694	1,839	2,030
Impairment of Goodwill	-24.79	-24.79	-	-93	-58.57	-187.47
Gain (Loss) on Sale of Assets	14.5	8.77	-2.11	10.89	3.9	12.65
Asset Writedown	-17.59	-16.12	-	-10.67	-	-10.38
Legal Settlements	-	-	-	-	-0.34	-
Other Unusual Items	66.53	66.53	4.91	23.71	15.12	18.25
Pretax Income	4,520	4,056	3,631	3,625	1,799	1,863
Income Tax Expense	750.76	574.08	433.79	340.99	146.18	267.81
Earnings From Continuing Ops.	3,770	3,482	3,197	3,284	1,653	1,596
Minority Interest in Earnings	-760.59	-689.09	-573.49	-689.42	-293.91	-100.31
Net Income	3,009	2,793	2,623	2,595	1,359	1,495
Net Income to Common	3,009	2,793	2,623	2,595	1,359	1,495
Net Income Growth	9.00%	6.47%	1.11%	90.89%	-9.10%	20.21%
Shares Outstanding (Basic)	2,782	2,611	2,547	2,544	2,421	2,160
Shares Outstanding (Diluted)	2,819	2,793	2,705	2,703	2,761	2,370
Shares Change (YoY)	2.92%	3.28%	0.07%	-2.11%	16.47%	5.54%
EPS (Basic)	1.08	1.07	1.03	1.02	0.56	0.69
EPS (Diluted)	1.07	1.00	0.97	0.96	0.49	0.63
EPS Growth	5.90%	3.09%	1.04%	95.00%	-21.96%	13.90%
Free Cash Flow	1,212	1,442	2,550	1,446	-4,066	-2,518
Free Cash Flow Per Share	0.43	0.52	0.94	0.54	-1.47	-1.06
Dividend Per Share	0.383	0.310	0.310	0.308	0.162	0.208
Dividend Growth	23.55%	-	0.75%	90.53%	-22.24%	8.01%
Profit Margin	21.32%	19.18%	17.85%	18.12%	11.18%	15.65%
Free Cash Flow Margin	8.59%	9.90%	17.35%	10.10%	-33.45%	-26.34%
EBITDA	5,354	5,119	4,910	4,602	3,059	3,102
EBITDA Margin	37.94%	35.15%	33.41%	32.14%	25.16%	32.46%
D&A For EBITDA	1,758	1,812	1,885	1,596	1,276	1,126
EBIT	3,597	3,307	3,025	3,006	1,783	1,976
EBIT Margin	25.48%	22.71%	20.59%	21.00%	14.67%	20.68%
Effective Tax Rate	16.61%	14.15%	11.95%	9.41%	8.12%	14.37%
Revenue as Reported	14,113	14,563	14,695	14,318	12,156	9,557

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