Fujian Nanwang Environment Protection Scien-Tech Co.,Ltd (SHE:301355)

SHE:301355 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	Dec 31, 2021	Dec 31, 2020
Operating Revenue	1,693	1,377	1,130	1,031	1,177	833.24
Other Revenue	23.34	23.34	19.53	22.57	18.71	14.97
Revenue	1,716	1,400	1,150	1,054	1,195	848.21
Revenue Growth (YoY)	33.42%	21.77%	9.14%	-11.86%	40.93%	22.68%
Cost of Revenue	1,488	1,188	950.55	869.74	976.05	676.79
Gross Profit	227.78	212.36	199.36	183.86	219.31	171.42
Selling, General & Admin	167.97	137.82	96.45	78.12	89.99	66.81
Research & Development	59.12	48.47	39.48	29.44	30.04	24.66
Other Operating Expenses	0.29	1.83	4.71	4.3	4.73	4.69
Operating Expenses	231.5	192.15	140.82	113.25	125.44	98.54
Operating Income	-3.72	20.21	58.54	70.61	93.87	72.88
Interest Expense	-14.84	-10.5	-3.9	-3.53	-4.74	-0.13
Interest & Investment Income	18.31	23.9	13.94	1.69	1.89	1.55
Currency Exchange Gain (Loss)	2.27	2.27	0.49	1.19	-0.96	-4.13
Other Non Operating Income (Expenses)	-1.69	-0.22	3.17	-0.47	-0.35	-0.18
EBT Excluding Unusual Items	0.33	35.65	72.24	69.49	89.71	69.99
Gain (Loss) on Sale of Assets	-2.66	-1.24	0.29	0.29	0	-0.27
Asset Writedown	-8.2	-7.25	-0.25	-0.16	-2.59	-0.2
Other Unusual Items	4.1	4.1	7.19	8.05	6.63	7.13
Pretax Income	-6.42	31.27	79.79	77.67	93.75	76.65
Income Tax Expense	-4.6	1.34	8.06	1.92	9.74	10.5
Earnings From Continuing Operations	-1.82	29.93	71.73	75.75	84.02	66.15
Minority Interest in Earnings	8.82	7.35	0.25	-	-	-
Net Income	7	37.28	71.98	75.75	84.02	66.15
Net Income to Common	7	37.28	71.98	75.75	84.02	66.15
Net Income Growth	-87.00%	-48.20%	-4.98%	-9.84%	27.00%	3.36%
Shares Outstanding (Basic)	201	196	171	146	147	147
Shares Outstanding (Diluted)	201	196	171	146	147	147
Shares Change (YoY)	3.49%	14.51%	17.64%	-1.17%	0.27%	17.14%
EPS (Basic)	0.03	0.19	0.42	0.52	0.57	0.45
EPS (Diluted)	0.03	0.19	0.42	0.52	0.57	0.45
EPS Growth	-87.44%	-54.76%	-19.23%	-8.77%	26.67%	-11.77%
Free Cash Flow	-353.37	-364.3	61.4	-21.94	12.11	-86.6
Free Cash Flow Per Share	-1.76	-1.86	0.36	-0.15	0.08	-0.59
Dividend Per Share	0.100	0.100	0.350	-	-	-
Dividend Growth	-	-71.43%	-	-	-	-
Gross Margin	13.27%	15.17%	17.34%	17.45%	18.35%	20.21%
Operating Margin	-0.22%	1.44%	5.09%	6.70%	7.85%	8.59%
Profit Margin	0.41%	2.66%	6.26%	7.19%	7.03%	7.80%
Free Cash Flow Margin	-20.59%	-26.02%	5.34%	-2.08%	1.01%	-10.21%
EBITDA	54.12	72.76	104.03	114.81	132.29	102.26
EBITDA Margin	3.15%	5.20%	9.05%	10.90%	11.07%	12.06%
D&A For EBITDA	57.85	52.55	45.49	44.21	38.42	29.38
EBIT	-3.72	20.21	58.54	70.61	93.87	72.88
EBIT Margin	-0.22%	1.44%	5.09%	6.70%	7.85%	8.59%
Effective Tax Rate	-	4.29%	10.10%	2.47%	10.39%	13.69%
Revenue as Reported	1,716	1,400	1,150	1,054	-	-
Advertising Expenses	-	2.96	1.43	0.65	1	0.66

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