Guangdong Nedfon Air System Co., Ltd. (SHE:301043)

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
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
Fresh Air Series Products	356.31M	398.02M	390.56M	330.88M	379.02M
Fresh Air Series Products Growth	-10.48%	1.91%	18.04%	-12.70%	-
Air Curtain	146.75M	158.00M	142.99M	105.30M	125.30M
Air Curtain Growth	-7.12%	10.49%	35.79%	-15.96%	-
Other	54.12M	45.58M	36.58M	37.20M	47.14M
Other Growth	18.76%	24.58%	-1.66%	-21.08%	-
Total	557.18M	601.59M	570.14M	473.38M	551.45M
Total Growth	-7.38%	5.52%	20.44%	-14.16%	-

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
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
East China	189.02M	220.19M	207.22M	155.79M	167.53M
East China Growth	-14.16%	6.26%	33.01%	-7.01%	-
South China	163.45M	163.60M	157.04M	155.09M	189.27M
South China Growth	-0.09%	4.18%	1.26%	-18.06%	-
Central China	48.69M	46.64M	51.26M	42.38M	42.45M
Central China Growth	4.40%	-9.01%	20.95%	-0.16%	-
North China	59.67M	59.25M	55.19M	39.57M	56.14M
North China Growth	0.70%	7.36%	39.47%	-29.52%	-
Southwest	33.42M	37.46M	36.86M	27.73M	35.62M
Southwest Growth	-10.79%	1.63%	32.90%	-22.15%	-
Northwest	16.77M	20.94M	18.68M	11.99M	16.02M
Northwest Growth	-19.90%	12.10%	55.85%	-25.16%	-
Northeast	3.53M	4.67M	5.13M	4.38M	6.14M
Northeast Growth	-24.50%	-8.85%	17.11%	-28.67%	-
Overseas	42.63M	48.84M	38.77M	36.46M	38.29M
Overseas Growth	-12.71%	25.96%	6.35%	-4.79%	-
Total	557.18M	601.59M	570.14M	473.38M	551.45M
Total Growth	-7.38%	5.52%	20.44%	-14.16%	-

Source: S&P Global Market Intelligence.