Hiconics Eco-energy Technology Co., Ltd. (SHE:300048)

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
High Voltage Frequency Converters	512.89M	502.82M	625.36M	-	-
High Voltage Frequency Converters Growth	2.00%	-19.60%	-	-	-
Photovoltaic EPC	6.59B	3.72B	605.69M	-	-
Photovoltaic EPC Growth	77.29%	513.48%	-	-	-
Residential Energy Storage	130.54M	137.20M	34.06M	-	-
Residential Energy Storage Growth	-4.86%	302.83%	-	-	-
Other	493.87M	420.54M	226.05M	-	-
Other Growth	17.44%	86.04%	-	-	-
Offset of Business Segment	-276.44M	-	-	-	-
New Energy Class	-	-	-	282.27M	53.99M
New Energy Class Growth	-	-	-	422.84%	-59.23%
Energy Saving and Environment Protection	-	-	-	189.75M	170.64M
Energy Saving and Environment Protection Growth	-	-	-	11.20%	25.46%
High-End Manufacturing	-	-	-	951.75M	979.57M
High-End Manufacturing Growth	-	-	-	-2.84%	-0.87%
Total	7.45B	4.78B	1.49B	1.42B	1.20B
Total Growth	55.95%	220.31%	4.73%	18.23%	-4.17%

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	7.21B	4.51B	1.40B	1.30B	1.15B
China Growth	59.76%	223.25%	7.24%	13.61%	-4.61%
Overseas	236.82M	262.09M	94.63M	121.51M	57.93M
Overseas Growth	-9.64%	176.95%	-22.12%	109.76%	5.44%
Total	7.45B	4.78B	1.49B	1.42B	1.20B
Total Growth	55.95%	220.31%	4.73%	18.23%	-4.17%

Source: S&P Global Market Intelligence.