CITIC Metal Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	141,819	129,729	124,822	118,804	112,387
Other Revenue	-	460.86	177.04	370.57	429.43
Revenue	141,819	130,190	124,999	119,175	112,816
Revenue Growth (YoY)	8.93%	4.15%	4.89%	5.64%	46.63%
Cost of Revenue	139,690	128,561	122,087	117,785	111,920
Gross Profit	2,129	1,629	2,912	1,390	896.24
Selling, General & Admin	528.55	489.07	420.66	458.53	418.69
Research & Development	51.43	35.38	28.42	21.37	20.55
Other Operating Expenses	-14.93	44.28	44.7	40.7	46.32
Operating Expenses	565.05	576.59	479.31	548.86	477.54
Operating Income	1,564	1,052	2,432	841.27	418.69
Interest Expense	-	-966.48	-899.22	-479.31	-179.34
Interest & Investment Income	1,628	2,730	705.75	2,659	1,326
Currency Exchange Gain (Loss)	-	-305.77	-324.59	-602.5	125.04
Other Non Operating Income (Expenses)	-166.91	-55.52	-19.42	-29.69	-68.06
EBT Excluding Unusual Items	3,026	2,454	1,895	2,388	1,622
Gain (Loss) on Sale of Investments	250.66	182.05	228.33	-238.65	-8.96
Gain (Loss) on Sale of Assets	1.22	37.17	27.82	0.02	56.43
Asset Writedown	-7.76	-	-	-	-
Other Unusual Items	-	105	194.94	317.07	307.71
Pretax Income	3,270	2,779	2,346	2,467	1,978
Income Tax Expense	580.61	540.36	288.6	251.48	155
Net Income	2,689	2,238	2,057	2,215	1,823
Net Income to Common	2,689	2,238	2,057	2,215	1,823
Net Income Growth	20.16%	8.79%	-7.13%	21.55%	60.16%
Shares Outstanding (Basic)	4,890	4,866	4,785	4,431	4,399
Shares Outstanding (Diluted)	4,890	4,866	4,785	4,431	4,399
Shares Change (YoY)	0.50%	1.69%	7.99%	0.72%	0.50%
EPS (Basic)	0.55	0.46	0.43	0.50	0.41
EPS (Diluted)	0.55	0.46	0.43	0.50	0.41
EPS Growth	19.56%	6.98%	-14.00%	21.95%	57.69%
Free Cash Flow	146.56	860.61	441.14	45.87	-3,234
Free Cash Flow Per Share	0.03	0.18	0.09	0.01	-0.73
Dividend Per Share	-	0.168	0.150	0.150	-
Dividend Growth	-	12.00%	-	-	-
Gross Margin	1.50%	1.25%	2.33%	1.17%	0.79%
Operating Margin	1.10%	0.81%	1.95%	0.71%	0.37%
Profit Margin	1.90%	1.72%	1.65%	1.86%	1.62%
Free Cash Flow Margin	0.10%	0.66%	0.35%	0.04%	-2.87%
EBITDA	1,568	1,053	2,434	842.62	420.11
EBITDA Margin	1.11%	0.81%	1.95%	0.71%	0.37%
D&A For EBITDA	3.58	0.85	1.17	1.35	1.42
EBIT	1,564	1,052	2,432	841.27	418.69
EBIT Margin	1.10%	0.81%	1.95%	0.71%	0.37%
Effective Tax Rate	17.76%	19.45%	12.30%	10.19%	7.84%
Revenue as Reported	-	130,190	124,999	119,175	-

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