Pangang Group Vanadium & Titanium Resources Co., Ltd. (SHE:000629)

Revenue by Segment

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
Sail Products	3.84B	4.18B	5.23B	5.81B	4.52B
Sail Products Growth	-8.15%	-20.15%	-10.00%	28.78%	21.02%
Titanium Products	3.94B	6.89B	6.57B	6.36B	6.80B
Titanium Products Growth	-42.87%	4.91%	3.28%	-6.38%	60.21%
Steel and Steel Products	201.83M	215.33M	232.24M	263.80M	293.22M
Steel and Steel Products Growth	-6.27%	-7.28%	-11.96%	-10.03%	35.61%
Electrical Products	428.28M	1.55B	1.91B	1.92B	1.89B
Electrical Products Growth	-72.38%	-18.61%	-0.62%	1.67%	-1.62%
Others	484.06M	371.48M	439.70M	730.89M	571.21M
Others Growth	30.31%	-15.52%	-39.84%	27.95%	31.83%
Total	8.89B	13.21B	14.38B	15.09B	14.06B
Total Growth	-32.69%	-8.15%	-4.69%	7.31%	33.42%

Revenue by Geography

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

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020	Dec 31, 2019	Dec 31, 2018	Dec 31, 2017	Dec 31, 2016
China	6.94B	11.15B	12.27B	12.80B	11.81B
China Growth	-37.70%	-9.15%	-4.17%	8.40%	27.87%
Overseas (Including Hong Kong, Macao and Taiwan Regions)	1.95B	2.06B	2.11B	2.29B	2.25B
Overseas (Including Hong Kong, Macao and Taiwan Regions) Growth	-5.67%	-2.32%	-7.61%	1.58%	72.72%
Total	8.89B	13.21B	14.38B	15.09B	14.06B
Total Growth	-32.69%	-8.15%	-4.69%	7.31%	33.42%

Source: S&P Global Market Intelligence.