Top Resource Energy Co., Ltd. (SHE:300332)

Top Resource Energy 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	2,746	3,840	4,518	3,826	2,052	1,694
Other Revenue	3.76	3.76	3.89	15.72	-	-
Revenue	2,750	3,844	4,522	3,842	2,052	1,694
Revenue Growth (YoY)	-37.11%	-15.00%	17.70%	87.22%	21.16%	-6.28%
Selling, General & Admin	161.8	188.92	179.57	201.62	187.23	161.63
Provision for Bad Debts	82.47	92.11	24.59	17.35	72.35	26.3
Other Operating Expenses	2,338	3,379	3,725	2,928	1,486	1,229
Total Operating Expenses	2,599	3,681	3,952	3,172	1,773	1,455
Operating Income	150.69	163.24	570.11	669.78	278.96	238.37
Interest Expense	-56.5	-69.89	-84.27	-93.33	-79.03	-129.77
Interest Income	79.38	83.56	20.44	12.91	7.97	4.19
Net Interest Expense	22.88	13.67	-63.83	-80.42	-71.07	-125.59
Currency Exchange Gain (Loss)	0.5	0.5	0.5	1.77	-0.36	-4.16
Other Non-Operating Income (Expenses)	-8.02	-9.21	-36.41	1.37	5.82	-6.56
EBT Excluding Unusual Items	166.05	168.2	470.37	592.5	213.35	102.06
Impairment of Goodwill	-36.85	-36.85	-119.69	-26.77	-28.91	-25.4
Gain (Loss) on Sale of Investments	-59.98	-29.12	49.2	-31.38	-28.36	-91.04
Gain (Loss) on Sale of Assets	18.31	9.36	12.64	-1.96	74.05	88.16
Asset Writedown	-3.04	-5.31	-0.86	-0.01	-1.86	-40.17
Other Unusual Items	12.28	12.28	14.32	-2.51	7	15.77
Pretax Income	96.77	118.57	425.97	529.86	235.26	49.38
Income Tax Expense	8.09	-5.92	137.88	167.09	42.46	-4.35
Earnings From Continuing Ops.	88.69	124.49	288.09	362.77	192.81	53.73
Minority Interest in Earnings	0.27	0.32	-48.07	3.02	11.13	2.08
Net Income	88.96	124.81	240.02	365.79	203.93	55.81
Net Income to Common	88.96	124.81	240.02	365.79	203.93	55.81
Net Income Growth	38.17%	-48.00%	-34.38%	79.37%	265.38%	18.33%
Shares Outstanding (Basic)	865	832	857	871	850	930
Shares Outstanding (Diluted)	865	832	857	871	850	930
Shares Change (YoY)	5.24%	-2.93%	-1.57%	2.50%	-8.65%	-1.39%
EPS (Basic)	0.10	0.15	0.28	0.42	0.24	0.06
EPS (Diluted)	0.10	0.15	0.28	0.42	0.24	0.06
EPS Growth	31.30%	-46.43%	-33.33%	75.00%	300.00%	20.00%
Free Cash Flow	13.78	195.9	136.78	155.77	-122.76	-2.03
Free Cash Flow Per Share	0.02	0.23	0.16	0.18	-0.14	-0.00
Dividend Per Share	-	-	0.056	0.085	0.048	0.013
Dividend Growth	-	-	-34.12%	77.08%	269.23%	8.33%
Profit Margin	3.23%	3.25%	5.31%	9.52%	9.94%	3.29%
Free Cash Flow Margin	0.50%	5.10%	3.02%	4.06%	-5.98%	-0.12%
EBITDA	331.52	342.86	748.12	835.06	431.17	463.98
EBITDA Margin	12.06%	8.92%	16.54%	21.74%	21.01%	27.40%
D&A For EBITDA	180.83	179.62	178.01	165.29	152.21	225.61
EBIT	150.69	163.24	570.11	669.78	278.96	238.37
EBIT Margin	5.48%	4.25%	12.61%	17.43%	13.59%	14.07%
Effective Tax Rate	8.36%	-	32.37%	31.54%	18.05%	-
Revenue as Reported	2,750	3,844	4,522	3,842	2,052	1,694

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Utility template. Financial Sources.