Xizang Gaozheng Civil Explosives Co., Ltd. (SHE:002827)

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
Civil Explosive Equipment	707.95M	644.98M	554.10M	285.17M	178.55M
Civil Explosive Equipment Growth	9.76%	16.40%	94.30%	59.72%	44.69%
Electronic Extension Module	146.17M	110.84M	72.08M	-	-
Electronic Extension Module Growth	31.87%	53.77%	-	-	-
Transportation Services	27.43M	15.39M	29.47M	16.12M	6.08M
Transportation Services Growth	78.21%	-47.78%	82.85%	164.95%	-39.03%
Blasting Services	930.08M	906.93M	880.46M	824.09M	742.74M
Blasting Services Growth	2.55%	3.01%	6.84%	10.95%	20.18%
Oxygen Production Equipment	1.51M	4.21M	5.79M	3.08M	-
Oxygen Production Equipment Growth	-64.21%	-27.41%	88.38%	-	-
Others	14.35M	9.96M	10.64M	5.59M	5.05M
Others Growth	44.04%	-6.38%	90.43%	10.67%	17.98%
Information System Services	-	-	71.59K	213.48K	239.66K
Information System Services Growth	-	-	-66.47%	-10.93%	-
Total	1.83B	1.69B	1.55B	1.13B	932.66M
Total Growth	7.99%	9.00%	36.88%	21.61%	23.42%

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	1.83B	1.69B	1.55B	1.13B	932.66M
China Growth	7.99%	9.00%	36.88%	21.61%	23.42%
Total	1.83B	1.69B	1.55B	1.13B	932.66M
Total Growth	7.99%	9.00%	36.88%	21.61%	23.42%

Source: S&P Global Market Intelligence.