CITIC Metal 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	Sep '26 Sep 30, 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	164,585	141,664	128,983	124,822	118,804	112,387
Other Revenue	155.15	155.15	455.24	177.04	370.57	429.43
Revenue	164,740	141,819	129,438	124,999	119,175	112,816
Revenue Growth	19.51%	9.56%	3.55%	4.89%	5.64%	46.63%
Cost of Revenue	161,926	139,697	127,854	122,087	117,785	111,920
Gross Profit	2,814	2,122	1,584	2,912	1,390	896.24
Selling, General & Admin	569.05	528.55	489.07	420.66	458.53	418.69
Research & Development	72.87	51.43	35.38	28.42	21.37	20.55
Other Operating Expenses	163.5	52.71	44.28	44.7	40.7	46.32
Operating Expenses	808.43	633.74	576.59	479.31	548.86	477.54
Operating Income	2,005	1,488	1,008	2,432	841.27	418.69
Interest Expense	-132.1	-672.14	-966.48	-899.22	-479.31	-179.34
Interest & Investment Income	2,906	2,040	2,774	705.75	2,659	1,326
Currency Exchange Gain (Loss)	6.83	6.83	-305.77	-324.59	-602.5	125.04
Other Non Operating Income (Expenses)	211.2	-32.85	-55.52	-19.42	-29.69	-68.06
EBT Excluding Unusual Items	4,997	2,830	2,454	1,895	2,388	1,622
Gain (Loss) on Sale of Investments	-38.14	250.66	182.05	228.33	-238.65	-8.96
Gain (Loss) on Sale of Assets	0.87	1.22	37.17	27.82	0.02	56.43
Asset Writedown	-74.13	-0.01	-	-	-	-
Other Unusual Items	221.87	188.35	105	194.94	317.07	307.71
Pretax Income	5,108	3,270	2,779	2,346	2,467	1,978
Income Tax Expense	976.19	580.61	540.36	288.6	251.48	155
Net Income	4,132	2,689	2,238	2,057	2,215	1,823
Net Income to Common	4,132	2,689	2,238	2,057	2,215	1,823
Net Income Growth	45.12%	20.16%	8.79%	-7.13%	21.55%	60.16%
Shares Outstanding (Basic)	4,849	4,890	4,866	4,785	4,431	4,399
Shares Outstanding (Diluted)	4,849	4,890	4,866	4,785	4,431	4,399
Shares Change	-1.01%	0.50%	1.69%	7.99%	0.72%	0.50%
EPS (Basic)	0.85	0.55	0.46	0.43	0.50	0.41
EPS (Diluted)	0.85	0.55	0.46	0.43	0.50	0.41
EPS Growth	46.59%	19.56%	6.98%	-14.00%	21.95%	57.69%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Sep '26 Sep 30, 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
Free Cash Flow	2,958	146.56	846.16	441.14	45.87	-3,234
Free Cash Flow Per Share	0.61	0.03	0.17	0.09	0.01	-0.73
Dividend Per Share	0.101	0.220	0.168	0.150	0.150	-
Dividend Growth	-64.81%	30.95%	12.00%	0%	-	-
Gross Margin	1.71%	1.50%	1.22%	2.33%	1.17%	0.79%
Operating Margin	1.22%	1.05%	0.78%	1.95%	0.71%	0.37%
Profit Margin	2.51%	1.90%	1.73%	1.65%	1.86%	1.62%
Free Cash Flow Margin	1.80%	0.10%	0.65%	0.35%	0.04%	-2.87%
EBITDA	2,006	1,489	1,009	2,434	842.62	420.11
EBITDA Margin	1.22%	1.05%	0.78%	1.95%	0.71%	0.37%
D&A For EBITDA	0.66	0.75	0.85	1.17	1.35	1.42
EBIT	2,005	1,488	1,008	2,432	841.27	418.69
EBIT Margin	1.22%	1.05%	0.78%	1.95%	0.71%	0.37%
Effective Tax Rate	19.11%	17.76%	19.45%	12.30%	10.19%	7.84%
Revenue as Reported	38,355	141,819	129,438	124,999	119,175	-