WELLE Environmental Group Co.,Ltd (SHE:300190)

Revenue by Segment

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

Fiscal Year	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	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	Dec 31, 2015
Environmental Protection Engineering	674.66M	623.68M	575.57M	1.72B	1.94B
Environmental Protection Engineering Growth	8.17%	8.36%	-66.51%	-11.57%	14.28%
Equipment Sales	406.37M	385.43M	496.23M	442.47M	575.37M
Equipment Sales Growth	5.43%	-22.33%	12.15%	-23.10%	25.60%
Operation Services	285.47M	384.02M	328.15M	334.25M	274.13M
Operation Services Growth	-25.66%	17.03%	-1.83%	21.93%	13.00%
BOT Operation Service	585.93M	716.57M	618.89M	666.44M	329.27M
BOT Operation Service Growth	-18.23%	15.78%	-7.13%	102.40%	60.99%
Energy Saving Services	46.03M	47.73M	28.57M	44.64M	66.59M
Energy Saving Services Growth	-3.55%	67.03%	-35.99%	-32.97%	-42.67%
Other	49.18M	54.79M	37.50M	-	-
Other Growth	-10.23%	46.10%	-	-	-
Technical Services	-	-	-	-	13.57M
Technical Services Growth	-	-	-	-	60.81%
Total	2.05B	2.21B	2.08B	3.21B	3.20B
Total Growth	-7.44%	6.11%	-34.98%	0.12%	17.29%

Revenue by Geography

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

Fiscal Year	FY 2024	FY 2023	FY 2023	FY 2022	FY 2020	FY 2019	FY 2018	FY 2017	FY 2016	FY 2015
Period Ending	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	Dec 31, 2015
Northeast China	262.80M	408.51M	409.21M	494.74M	572.16M
Northeast China Growth	-35.67%	-0.17%	-17.29%	-13.53%	203.36%
North China	273.79M	234.97M	258.32M	307.79M	360.83M
North China Growth	16.52%	-9.04%	-16.07%	-14.70%	-25.96%
East China	893.43M	922.70M	861.10M	1.47B	1.42B
East China Growth	-3.17%	7.15%	-41.49%	3.30%	51.36%
Central China	88.04M	143.66M	107.23M	149.52M	128.31M
Central China Growth	-38.71%	33.97%	-28.28%	16.53%	-42.49%
South China	132.36M	97.11M	221.30M	267.27M	262.97M
South China Growth	36.29%	-56.12%	-17.20%	1.63%	-20.86%
Northwest China	155.59M	169.12M	90.39M	166.31M	143.60M
Northwest China Growth	-8.00%	87.10%	-45.65%	15.82%	43.30%
Southwest China	214.14M	225.85M	115.63M	303.32M	208.80M
Southwest China Growth	-5.19%	95.33%	-61.88%	45.27%	-13.95%
Overseas	27.49M	10.29M	21.74M	45.92M	101.35M
Overseas Growth	167.22%	-52.66%	-52.67%	-54.69%	-52.90%
Total	2.05B	2.21B	2.08B	3.21B	3.20B
Total Growth	-7.44%	6.11%	-34.98%	0.12%	17.29%

Source: S&P Global Market Intelligence.