Shanghai Cooltech Power Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Jan '23 Jan 1, 2023	Jan '22 Jan 1, 2022
Operating Revenue	1,959	1,706	1,198	994.25	763.21	867.38
Other Revenue	57.09	57.09	75.69	98.55	111.99	85.57
Revenue	2,017	1,763	1,274	1,093	875.2	952.95
Revenue Growth (YoY)	47.06%	38.44%	16.54%	24.86%	-8.16%	35.72%
Cost of Revenue	1,739	1,522	1,108	952.22	742.84	811.12
Gross Profit	277.31	240.84	165.21	140.58	132.36	141.83
Selling, General & Admin	134.11	127.26	97.41	91.08	89.35	93.33
Research & Development	54.41	54.3	30.66	32.98	28.75	27.54
Other Operating Expenses	-3.03	3.53	0.26	-0.56	5.25	4.3
Operating Expenses	233.71	215.34	141.13	106.82	99.13	122.07
Operating Income	43.59	25.51	24.08	33.75	33.23	19.76
Interest Expense	-2.31	-2.23	-5.41	-6.83	-8.1	-7.2
Interest & Investment Income	17.64	19.45	14.03	10.98	8.86	1.52
Earnings From Equity Investments	0.3	-	-	-	-	-
Currency Exchange Gain (Loss)	-0.29	-0.29	-0.58	-3.4	-3.84	4.15
Other Non Operating Income (Expenses)	-5.39	-3.02	-0.52	-3.22	-0.46	9.85
EBT Excluding Unusual Items	53.54	39.43	31.6	31.29	29.69	28.07
Gain (Loss) on Sale of Investments	17.36	17.36	-	-	-	-19.68
Gain (Loss) on Sale of Assets	-2.66	-3.78	0	-0.24	-0.07	-0.25
Asset Writedown	-2.55	0.23	-0.23	-0.01	-0.3	-
Other Unusual Items	4.66	4.66	2.98	4.67	2.95	2.5
Pretax Income	70.35	57.9	34.36	35.7	32.27	10.64
Income Tax Expense	13.46	7.77	-0.23	4.66	4.2	0.65
Earnings From Continuing Operations	56.89	50.13	34.59	31.04	28.08	9.99
Minority Interest in Earnings	0.54	0.81	0.41	1.23	0.82	-1.55
Net Income	57.43	50.94	35	32.27	28.89	8.44
Net Income to Common	57.43	50.94	35	32.27	28.89	8.44
Net Income Growth	43.67%	45.55%	8.45%	11.70%	242.28%	-
Shares Outstanding (Basic)	320	320	320	320	320	320
Shares Outstanding (Diluted)	320	320	320	320	320	320
Shares Change (YoY)	-0.03%	0.02%	0.03%	-0.04%	0.07%	-0.07%
EPS (Basic)	0.18	0.16	0.11	0.10	0.09	0.03
EPS (Diluted)	0.18	0.16	0.11	0.10	0.09	0.03
EPS Growth	43.71%	45.52%	8.42%	11.74%	242.05%	-
Free Cash Flow	70.39	58.17	92.19	119.64	55.59	174.03
Free Cash Flow Per Share	0.22	0.18	0.29	0.37	0.17	0.54
Dividend Per Share	0.070	0.070	-	-	-	-
Gross Margin	13.75%	13.66%	12.97%	12.86%	15.12%	14.88%
Operating Margin	2.16%	1.45%	1.89%	3.09%	3.80%	2.07%
Profit Margin	2.85%	2.89%	2.75%	2.95%	3.30%	0.89%
Free Cash Flow Margin	3.49%	3.30%	7.24%	10.95%	6.35%	18.26%
EBITDA	57.14	39.01	37.37	47.79	47.7	35.92
EBITDA Margin	2.83%	2.21%	2.94%	4.37%	5.45%	3.77%
D&A For EBITDA	13.55	13.5	13.3	14.04	14.47	16.16
EBIT	43.59	25.51	24.08	33.75	33.23	19.76
EBIT Margin	2.16%	1.45%	1.89%	3.09%	3.80%	2.07%
Effective Tax Rate	19.13%	13.42%	-	13.05%	13.01%	6.07%
Revenue as Reported	2,017	1,763	1,274	1,093	875.2	952.95

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