Tibet Huayu Mining Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	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
Operating Revenue	2,031	2,071	1,605	861.63	562.66	1,402
Other Revenue	-	-	8.76	9.45	1.56	5.91
Revenue	2,031	2,071	1,614	871.08	564.22	1,408
Revenue Growth (YoY)	24.77%	28.31%	85.27%	54.38%	-59.94%	-40.80%
Cost of Revenue	1,003	1,057	738.22	505.53	319.74	1,000
Gross Profit	1,028	1,014	875.61	365.54	244.49	408.2
Selling, General & Admin	196.43	196.73	198.93	172.91	147.36	155.6
Research & Development	6.38	6.38	15	22.03	8.93	1.54
Other Operating Expenses	117.02	103.03	136.89	55.82	26.25	19.19
Operating Expenses	320.97	306.13	353.84	250.84	182.58	170.3
Operating Income	707.44	707.96	521.76	114.7	61.91	237.89
Interest Expense	-20.96	-	-69.28	-40.59	-59.34	-39.79
Interest & Investment Income	400.92	400.85	2.02	1.03	0.15	1.6
Currency Exchange Gain (Loss)	-	-	-5.83	-5.3	153.05	-13.04
Other Non Operating Income (Expenses)	-73.27	-65.16	-0.89	-1.34	-0.89	4.56
EBT Excluding Unusual Items	1,014	1,044	447.78	68.5	154.88	191.22
Impairment of Goodwill	-	-	-2.83	-	-	-
Gain (Loss) on Sale of Investments	83.92	76.11	-1.71	-8.31	-16.19	-1.02
Gain (Loss) on Sale of Assets	-	-	-0.01	0.39	0.08	-0
Asset Writedown	-0.31	-0.31	-0.12	-0.06	-0.43	-29.77
Other Unusual Items	-	-	-2.84	-2.28	8.6	7.42
Pretax Income	1,098	1,119	440.27	58.25	146.94	167.85
Income Tax Expense	181.44	156.44	59.95	12.41	15.06	33.14
Earnings From Continuing Operations	916.31	963.01	380.33	45.84	131.88	134.7
Minority Interest in Earnings	-60.68	-92.28	-127.01	28.05	15.66	15.94
Net Income	855.63	870.73	253.32	73.89	147.54	150.65
Net Income to Common	855.63	870.73	253.32	73.89	147.54	150.65
Net Income Growth	228.06%	243.73%	242.85%	-49.92%	-2.06%	108.14%
Shares Outstanding (Basic)	822	821	792	821	777	781
Shares Outstanding (Diluted)	822	821	792	821	777	781
Shares Change (YoY)	4.99%	3.77%	-3.57%	5.72%	-0.57%	4.70%
EPS (Basic)	1.04	1.06	0.32	0.09	0.19	0.19
EPS (Diluted)	1.04	1.06	0.32	0.09	0.19	0.19
EPS Growth	212.47%	231.25%	255.56%	-52.63%	-1.50%	98.79%
Free Cash Flow	454.08	698.37	203.28	65.96	-17.54	8.61
Free Cash Flow Per Share	0.55	0.85	0.26	0.08	-0.02	0.01
Dividend Per Share	-	-	0.040	0.028	-	-
Dividend Growth	-	-	43.68%	-	-	-
Gross Margin	50.63%	48.98%	54.26%	41.96%	43.33%	28.99%
Operating Margin	34.83%	34.19%	32.33%	13.17%	10.97%	16.89%
Profit Margin	42.13%	42.05%	15.70%	8.48%	26.15%	10.70%
Free Cash Flow Margin	22.36%	33.73%	12.60%	7.57%	-3.11%	0.61%
EBITDA	989.18	987.19	790.95	329.32	229.44	339.47
EBITDA Margin	48.70%	47.68%	49.01%	37.81%	40.66%	24.11%
D&A For EBITDA	281.75	279.23	269.19	214.62	167.53	101.58
EBIT	707.44	707.96	521.76	114.7	61.91	237.89
EBIT Margin	34.83%	34.19%	32.33%	13.17%	10.97%	16.89%
Effective Tax Rate	16.53%	13.98%	13.62%	21.31%	10.25%	19.74%
Revenue as Reported	-	-	1,614	871.08	564.22	1,408

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