ZJMI Environmental Energy 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	35,113	37,272	44,678	44,284	55,151	59,817
Other Revenue	31.86	31.86	31.72	42.53	48.4	64.68
Revenue	35,145	37,304	44,709	44,327	55,200	59,881
Revenue Growth (YoY)	-20.48%	-16.56%	0.86%	-19.70%	-7.82%	99.18%
Cost of Revenue	33,710	35,847	43,212	42,311	52,727	57,821
Gross Profit	1,435	1,457	1,497	2,016	2,472	2,060
Selling, General & Admin	285.43	298.74	365.52	354.09	400.85	415.63
Research & Development	142.01	141.48	138.4	120.66	114.02	110.61
Other Operating Expenses	52.88	59.36	52.58	55.85	50.42	35.36
Operating Expenses	473.18	478.83	576.16	531.14	566	565.53
Operating Income	962.1	978.09	921.06	1,485	1,906	1,495
Interest Expense	-37.28	-35.24	-57.53	-38.89	-27.35	-106.9
Interest & Investment Income	36.05	50.26	136.92	51.07	88.83	30.47
Currency Exchange Gain (Loss)	1.78	1.78	-1.61	-20.76	-11.1	-10.4
Other Non Operating Income (Expenses)	-4.41	-3.57	30.17	-9.07	-7.26	-12.82
EBT Excluding Unusual Items	958.24	991.32	1,029	1,468	1,950	1,395
Impairment of Goodwill	-	-	-	-	-26.33	-33.9
Gain (Loss) on Sale of Investments	-5.28	-20.45	14.38	5.16	-8.48	12.19
Gain (Loss) on Sale of Assets	-0.01	-0.05	2.81	9.96	0.7	4.23
Asset Writedown	41.4	-	-	-	-431.89	-37.11
Legal Settlements	-	-	-11.16	-	-	-
Other Unusual Items	35.44	35.63	74.54	47.81	27.49	30.63
Pretax Income	1,030	1,006	1,110	1,530	1,511	1,371
Income Tax Expense	198.66	191.44	227.94	330.14	331.96	223.24
Earnings From Continuing Operations	831.14	815	881.63	1,200	1,179	1,148
Minority Interest in Earnings	-174.71	-176.71	-143.02	-141.47	-116.93	-137.69
Net Income	656.42	638.29	738.62	1,059	1,062	1,010
Net Income to Common	656.42	638.29	738.62	1,059	1,062	1,010
Net Income Growth	0.41%	-13.58%	-30.25%	-0.32%	5.15%	100.88%
Shares Outstanding (Basic)	561	560	560	557	559	457
Shares Outstanding (Diluted)	561	560	560	557	559	457
Shares Change (YoY)	0.50%	0.06%	0.40%	-0.32%	22.31%	-0.01%
EPS (Basic)	1.17	1.14	1.32	1.90	1.90	2.21
EPS (Diluted)	1.17	1.14	1.32	1.90	1.90	2.21
EPS Growth	-0.09%	-13.64%	-30.53%	-	-14.03%	100.91%
Free Cash Flow	1,213	2,086	-707.01	682.67	-393.98	1,436
Free Cash Flow Per Share	2.16	3.73	-1.26	1.23	-0.70	3.14
Dividend Per Share	0.470	0.470	0.600	0.700	0.800	0.600
Dividend Growth	-21.67%	-21.67%	-14.29%	-12.50%	33.33%	-
Gross Margin	4.08%	3.91%	3.35%	4.55%	4.48%	3.44%
Operating Margin	2.74%	2.62%	2.06%	3.35%	3.45%	2.50%
Profit Margin	1.87%	1.71%	1.65%	2.39%	1.92%	1.69%
Free Cash Flow Margin	3.45%	5.59%	-1.58%	1.54%	-0.71%	2.40%
EBITDA	1,391	1,411	1,370	1,890	2,274	1,841
EBITDA Margin	3.96%	3.78%	3.06%	4.26%	4.12%	3.08%
D&A For EBITDA	428.96	432.91	448.69	404.74	367.03	346.46
EBIT	962.1	978.09	921.06	1,485	1,906	1,495
EBIT Margin	2.74%	2.62%	2.06%	3.35%	3.45%	2.50%
Effective Tax Rate	19.29%	19.02%	20.54%	21.57%	21.97%	16.28%
Revenue as Reported	35,145	37,304	44,709	44,327	55,200	59,881

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