Clenergy Technology Co., Ltd. (SHA:603628)

Clenergy Technology Income Statement

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

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,246	1,890	1,908	1,423	1,018	893.9
Other Revenue	29.51	29.51	28.3	18.69	-	6.57
Revenue	2,275	1,919	1,936	1,442	1,018	900.47
Revenue Growth (YoY)	15.38%	-0.90%	34.30%	41.65%	13.05%	-27.96%
Cost of Revenue	1,869	1,514	1,503	1,120	771.09	759.49
Gross Profit	406.69	404.87	433.32	322.36	246.89	140.99
Selling, General & Admin	209.32	183.15	180.73	129.53	105.66	107.61
Research & Development	52.21	48.99	43.21	26.87	21.9	10.6
Other Operating Expenses	8.38	5.89	2.58	-0.06	4.26	5.11
Operating Expenses	295.73	250.81	242.81	159.96	138.32	82.49
Operating Income	110.96	154.06	190.51	162.4	108.58	58.5
Interest Expense	-39.58	-28.64	-21.62	-30.65	-31.33	-40.71
Interest & Investment Income	13.89	12.43	7.93	10.15	8.76	21.18
Currency Exchange Gain (Loss)	-21.43	-21.43	22.53	9.62	-26.6	8.29
Other Non Operating Income (Expenses)	38.42	-3.5	-0.09	-5.28	-1.22	2.7
EBT Excluding Unusual Items	102.27	112.93	199.27	146.24	58.19	49.96
Gain (Loss) on Sale of Investments	2.06	1.42	-2.97	-0.77	-	-1.54
Gain (Loss) on Sale of Assets	-0.41	-0.12	-0.81	-0.49	-0.19	-0.27
Asset Writedown	-2.69	-1.23	-	-	0.15	-0.15
Legal Settlements	-	-	1.34	-6.78	-	-
Other Unusual Items	5.23	5.4	5.95	0.84	0.78	5.57
Pretax Income	107.41	119.34	203.65	139.36	59.55	55.65
Income Tax Expense	15.54	28.12	34.87	30.05	10.87	-14.98
Earnings From Continuing Operations	91.87	91.22	168.78	109.3	48.68	70.63
Minority Interest in Earnings	-0.31	-1.06	0.28	0.08	-1.31	-2.2
Net Income	91.56	90.16	169.06	109.38	47.37	68.43
Net Income to Common	91.56	90.16	169.06	109.38	47.37	68.43
Net Income Growth	-24.93%	-46.67%	54.56%	130.91%	-30.77%	-
Shares Outstanding (Basic)	273	273	273	273	279	274
Shares Outstanding (Diluted)	273	273	273	273	279	274
Shares Change (YoY)	0.26%	0.20%	-0.28%	-1.86%	1.81%	2.17%
EPS (Basic)	0.34	0.33	0.62	0.40	0.17	0.25
EPS (Diluted)	0.33	0.33	0.62	0.40	0.17	0.25
EPS Growth	-25.13%	-46.77%	55.00%	135.29%	-32.00%	-
Free Cash Flow	-99.16	18.97	-189.37	64.17	44.51	326.45
Free Cash Flow Per Share	-0.36	0.07	-0.69	0.23	0.16	1.19
Dividend Per Share	0.066	0.066	0.124	0.080	0.035	0.050
Dividend Growth	-46.77%	-46.77%	55.00%	128.57%	-30.00%	-
Gross Margin	17.87%	21.10%	22.38%	22.36%	24.25%	15.66%
Operating Margin	4.88%	8.03%	9.84%	11.26%	10.67%	6.50%
Profit Margin	4.02%	4.70%	8.73%	7.59%	4.65%	7.60%
Free Cash Flow Margin	-4.36%	0.99%	-9.78%	4.45%	4.37%	36.25%
EBITDA	179.3	213.54	238.19	208.52	153.18	103.73
EBITDA Margin	7.88%	11.13%	12.30%	14.46%	15.05%	11.52%
D&A For EBITDA	68.34	59.49	47.68	46.11	44.6	45.23
EBIT	110.96	154.06	190.51	162.4	108.58	58.5
EBIT Margin	4.88%	8.03%	9.84%	11.26%	10.67%	6.50%
Effective Tax Rate	14.47%	23.57%	17.12%	21.56%	18.25%	-
Revenue as Reported	2,275	1,919	1,936	1,442	1,018	900.47

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