Zhejiang Fuchunjiang Environmental Thermoelectric Co.,LTD. (SHE:002479)

SHE:002479 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	Jan 1, 2023	Jan 1, 2022	Dec 31, 2020
Operating Revenue	5,493	5,175	4,407	4,728	4,426	4,416
Other Revenue	77.89	77.89	33.28	63.25	151.04	240.51
Revenue	5,571	5,253	4,441	4,791	4,577	4,656
Revenue Growth (YoY)	16.45%	18.29%	-7.32%	4.68%	-1.70%	13.13%
Selling, General & Admin	187.42	225.65	202.88	198.94	232.73	182.98
Provision for Bad Debts	5.43	11.73	21.33	19.54	37.05	27.86
Other Operating Expenses	4,648	4,430	3,679	4,016	3,749	3,913
Total Operating Expenses	5,047	4,846	4,064	4,390	4,156	4,234
Operating Income	524.38	406.32	377.05	400.99	421.15	422.55
Interest Expense	-84.91	-94.23	-108.82	-131.72	-157.73	-141.16
Interest Income	25.16	35.05	23.37	41.34	89.87	171.25
Net Interest Expense	-59.75	-59.18	-85.46	-90.37	-67.86	30.09
Currency Exchange Gain (Loss)	-	-	-	-2.09	9.07	-2.36
Other Non-Operating Income (Expenses)	-31.37	0.25	23.81	-0.98	-2.6	-6.07
EBT Excluding Unusual Items	433.25	347.39	315.4	307.55	359.75	444.22
Impairment of Goodwill	-17	-17	-	-14.34	-10.91	-
Gain (Loss) on Sale of Investments	-7.68	-9.35	-	-20.56	-25.34	3.26
Gain (Loss) on Sale of Assets	-9.44	47.31	18.55	150.43	-28.81	-2.42
Asset Writedown	-11.59	-8.16	-2.59	-0	-0	-0.69
Other Unusual Items	62.55	62.55	38.44	23.21	215.45	5.04
Pretax Income	450.09	422.74	369.8	446.3	510.15	449.41
Income Tax Expense	112.85	80.88	66.52	82.22	125.04	86.97
Earnings From Continuing Ops.	337.25	341.86	303.28	364.08	385.11	362.44
Minority Interest in Earnings	-111.82	-100.73	-106.78	-105.13	-54.43	-64.15
Net Income	225.43	241.13	196.5	258.95	330.69	298.29
Net Income to Common	225.43	241.13	196.5	258.95	330.69	298.29
Net Income Growth	-30.82%	22.71%	-24.12%	-21.69%	10.86%	-0.70%
Shares Outstanding (Basic)	865	861	854	863	870	877
Shares Outstanding (Diluted)	865	861	854	863	870	877
Shares Change (YoY)	1.40%	0.80%	-1.02%	-0.81%	-0.81%	-0.70%
EPS (Basic)	0.26	0.28	0.23	0.30	0.38	0.34
EPS (Diluted)	0.26	0.28	0.23	0.30	0.38	0.34
EPS Growth	-31.77%	21.74%	-23.33%	-21.05%	11.77%	-
Free Cash Flow	18.66	71.55	276.47	210.05	-332.68	-908.04
Free Cash Flow Per Share	0.02	0.08	0.32	0.24	-0.38	-1.03
Dividend Per Share	0.150	0.150	0.150	0.200	0.200	0.150
Dividend Growth	-	-	-25.00%	-	33.33%	-
Profit Margin	4.05%	4.59%	4.42%	5.41%	7.22%	6.41%
Free Cash Flow Margin	0.34%	1.36%	6.23%	4.38%	-7.27%	-19.50%
EBITDA	917.95	771.88	705.28	694.91	718.76	754.39
EBITDA Margin	16.48%	14.70%	15.88%	14.50%	15.70%	16.20%
D&A For EBITDA	393.57	365.57	328.23	293.91	297.61	331.84
EBIT	524.38	406.32	377.05	400.99	421.15	422.55
EBIT Margin	9.41%	7.74%	8.49%	8.37%	9.20%	9.07%
Effective Tax Rate	25.07%	19.13%	17.99%	18.42%	24.51%	19.35%
Revenue as Reported	5,571	5,253	4,441	4,791	4,577	4,656

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