海峡环保 (603817.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	1.4B	1.4B	1.2B	1.1B	1.0B
Cost of Revenue	786.9M	788.2M	727.1M	671.3M	629.0M
Gross Profit	604.1M	588.6M	488.8M	382.8M	415.6M
Operating Expenses
R&D Expense	43.0M	42.1M	42.0M	34.7M	28.6M
SG&A Expense	—	—	—	—	—
General & Admin Expense	96.1M	96.6M	99.4M	92.1M	92.6M
Selling & Marketing Expense	682.3K	714.5K	723.6K	1.7M	1.9M
Other Expenses	—	—	—	—	—
Total Operating Expenses	233.9M	239.6M	252.7M	221.7M	213.6M
Cost and Expenses	1.0B	1.0B	979.8M	893.0M	842.6M
Operating Income (EBIT)	293.7M	266.0M	184.2M	157.9M	176.0M
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	283.3M	255.6M	186.2M	156.5M	174.9M
Income Tax Expense	64.5M	59.0M	36.7M	23.7M	34.4M
Bottom Line
Net Income	234.4M	212.1M	191.8M	144.3M	147.9M
Earnings from Cont. Ops	218.8M	196.7M	149.5M	132.8M	140.5M
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	234.4M	212.1M	191.8M	144.3M	147.9M
Per Share
Basic EPS	CN¥0.42	CN¥0.38	CN¥0.36	CN¥0.27	CN¥0.30
Diluted EPS	CN¥0.42	CN¥0.38	CN¥0.34	CN¥0.27	CN¥0.30
Revenue Per Share	CN¥2.44	CN¥2.45	CN¥2.28	CN¥1.97	CN¥2.12
Shares
Basic Shares Outstanding	570.2M	561.1M	534.4M	534.3M	492.3M
Diluted Shares Outstanding	570.2M	561.1M	534.4M	534.3M	492.3M
Profitability Metrics
EBITDA	—	500.8M	421.4M	378.9M	403.0M
D&A	—	234.8M	237.2M	221.0M	227.0M
EBIT	—	—	—	—	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026