Daqian Ecology&Environment Group Co.,Ltd. (SHA:603955)

SHA:603955 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	Jun 30, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	117.54	112.76	126	249.5	554.8	942.73
Other Revenue	2.16	1.92	1.75	2.48	1.62	1.45
Revenue	119.7	114.68	127.76	251.97	556.42	944.17
Revenue Growth (YoY)	5.77%	-10.24%	-49.30%	-54.72%	-41.07%	2.73%
Cost of Revenue	79.61	78.78	130.71	195.72	435.38	722.72
Gross Profit	40.1	35.9	-2.95	56.26	121.04	221.45
Selling, General & Admin	75.37	53.64	64.06	64.88	76.56	70.97
Research & Development	3.49	1.59	5.11	11.8	22.46	36.4
Other Operating Expenses	2.05	1.69	0.47	1.13	1.58	1.87
Operating Expenses	73.88	44.2	103.8	90.33	83.1	113.95
Operating Income	-33.79	-8.3	-106.75	-34.07	37.94	107.5
Interest Expense	-20.87	-29.21	-32.17	-37.91	-41.85	-52.88
Interest & Investment Income	79.94	92.14	92.14	105.94	99.77	72.63
Other Non Operating Income (Expenses)	-0.71	-0.09	3.44	-2.46	-1.82	1.97
EBT Excluding Unusual Items	24.57	54.54	-43.35	31.49	94.04	129.22
Impairment of Goodwill	-	-	-	-	-0.04	-
Gain (Loss) on Sale of Investments	0.56	0.05	-0.67	-0.76	0.69	0.41
Gain (Loss) on Sale of Assets	0.02	-0.05	-0.34	-0.1	-0.03	0.04
Asset Writedown	-0.78	-0.78	-	-	-	-
Other Unusual Items	-0.63	1.72	0.79	1.22	-0.34	-0.51
Pretax Income	23.74	55.47	-43.57	31.85	94.31	129.16
Income Tax Expense	12.6	13.31	30.45	9.26	22.65	19.51
Earnings From Continuing Operations	11.13	42.16	-74.02	22.59	71.66	109.65
Minority Interest in Earnings	-10.73	-13.02	-9.37	-11.84	-13.04	-7.55
Net Income	0.4	29.13	-83.39	10.75	58.62	102.09
Net Income to Common	0.4	29.13	-83.39	10.75	58.62	102.09
Net Income Growth	-	-	-	-81.66%	-42.58%	8.44%
Shares Outstanding (Basic)	136	136	136	136	136	126
Shares Outstanding (Diluted)	136	136	136	136	136	126
Shares Change (YoY)	-0.08%	-0.02%	0.01%	-0.01%	7.47%	11.66%
EPS (Basic)	0.00	0.21	-0.61	0.08	0.43	0.81
EPS (Diluted)	0.00	0.21	-0.61	0.08	0.43	0.81
EPS Growth	-	-	-	-81.66%	-46.57%	-2.88%
Free Cash Flow	22.79	211.48	95.88	-55.49	11.04	25.3
Free Cash Flow Per Share	0.17	1.56	0.71	-0.41	0.08	0.20
Dividend Per Share	0.050	0.050	-	-	-	0.500
Gross Margin	33.50%	31.31%	-2.31%	22.33%	21.75%	23.45%
Operating Margin	-28.23%	-7.23%	-83.56%	-13.52%	6.82%	11.39%
Profit Margin	0.34%	25.41%	-65.27%	4.26%	10.54%	10.81%
Free Cash Flow Margin	19.04%	184.41%	75.05%	-22.02%	1.98%	2.68%
EBITDA	-29.64	-4.73	-101.28	-25.47	46.69	111.39
EBITDA Margin	-24.76%	-4.12%	-79.28%	-10.11%	8.39%	11.80%
D&A For EBITDA	4.15	3.57	5.47	8.6	8.75	3.9
EBIT	-33.79	-8.3	-106.75	-34.07	37.94	107.5
EBIT Margin	-28.23%	-7.23%	-83.56%	-13.52%	6.82%	11.39%
Effective Tax Rate	53.09%	24.00%	-	29.08%	24.01%	15.11%
Revenue as Reported	119.7	114.68	127.76	251.97	556.42	944.17
Advertising Expenses	-	0.13	0.22	0.25	0.17	0.74

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