BEIJING CAPITAL ECO-ENVIRONMENT

BEIJING CAPITAL ECO-ENVIRONMENT — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	20.1B	21.3B	22.2B	22.8B	19.2B	14.9B	12.5B	9.3B	7.9B	7.1B	6.6B	4.2B	3.4B	3.5B	3.0B	2.6B	1.7B	1.4B	1.2B	471.0M
Revenue Growth %	-6.0%	-3.8%	-2.8%	18.7%	29.0%	19.7%	34.1%	17.4%	12.1%	6.3%	57.0%	25.1%	-4.4%	16.5%	15.1%	52.1%	22.9%	17.3%	155.4%	--
Total Revenue	20.1B	21.3B	22.2B	22.8B	19.2B	14.9B	12.5B	9.3B	7.9B	7.1B	6.6B	4.2B	3.4B	3.5B	3.0B	2.6B	1.7B	1.4B	1.2B	471.0M
Cost Of Revenue	13.1B	14.5B	14.9B	15.7B	13.5B	10.5B	8.6B	6.4B	5.3B	4.8B	4.6B	2.6B	1.9B	2.0B	1.8B	1.6B	1.0B	797.0M	676.0M	215.0M
+Gross Profit	7.0B	6.9B	7.3B	7.1B	5.8B	4.4B	3.8B	2.9B	2.6B	2.3B	2.0B	1.7B	1.5B	1.5B	1.2B	1.0B	728.0M	614.0M	527.0M	256.0M
Gross Margin %	34.8%	32.2%	32.8%	31.2%	29.9%	29.6%	30.8%	31.4%	32.9%	32.3%	30.7%	39.7%	43.6%	42.8%	40.5%	39.0%	42.0%	43.5%	43.8%	54.4%
Total Operating Cost	17.2B	18.9B	20.3B	20.4B	17.4B	13.7B	11.5B	8.8B	7.5B	6.5B	6.1B	3.8B	2.8B	2.9B	2.6B	2.2B	1.6B	1.2B	1.0B	515.0M
Selling Expenses	56.6M	63.2M	45.1M	53.9M	22.0M	26.3M	17.4M	60.2M	44.7M	50.1M	43.4M	67.8M	49.0M	51.6M	49.5M	43.5M	34.2M	30.3M	32.2M	32.4M
Admin Expenses	1.6B	1.8B	2.0B	2.1B	1.9B	1.6B	1.4B	1.3B	1.3B	1.1B	765.0M	617.0M	469.0M	452.0M	425.0M	332.0M	312.0M	279.0M	213.0M	162.0M
Rd Expenses	176.0M	167.0M	240.0M	168.0M	90.1M	48.5M	28.3M	16.5M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	1.5B	1.7B	2.1B	1.9B	1.5B	1.3B	1.2B	912.0M	754.0M	551.0M	554.0M	390.0M	281.0M	271.0M	204.0M	188.0M	212.0M	120.0M	77.8M	117.0M
+Operating Income	4.9B	2.7B	4.9B	3.4B	2.2B	1.6B	1.3B	1.0B	671.0M	707.0M	965.0M	757.0M	620.0M	615.0M	485.0M	390.0M	168.0M	385.0M	240.0M	102.0M
Operating Margin %	24.2%	12.6%	22.3%	15.0%	11.6%	10.6%	10.7%	10.9%	8.5%	10.0%	14.5%	17.9%	18.3%	17.4%	16.0%	14.8%	9.7%	27.3%	20.0%	21.7%
Non Operating Income	53.1M	15.1M	23.9M	27.9M	23.4M	51.1M	19.4M	15.8M	283.0M	229.0M	199.0M	380.0M	319.0M	243.0M	271.0M	279.0M	278.0M	304.0M	308.0M	2.0M
Non Operating Expenses	23.0M	21.8M	47.2M	90.1M	21.1M	39.7M	75.2M	53.2M	5.2M	11.9M	89.0M	43.2M	6.4M	12.0M	14.6M	8.9M	11.9M	8.1M	6.1M	2.7M
Investment Income	1.8B	35.3M	2.9B	868.0M	211.0M	196.0M	216.0M	200.0M	310.0M	130.0M	360.0M	300.0M	39.9M	-15.1M	2.6M	-14.9M	28.2M	223.0M	29.8M	134.0M
Fair Value Change Income	-29.3M	-25.4M	2.4M	-61.0M	-21.0M	438,900	1.8M	-32.8M	-21.8M	31.6M	23.8M	-401,700	797,300	-3.7M	-3.1M	679,600	-13.0M	-8.0M	22.0M	--
Asset Disposal Income	106.0M	6.1M	18.9M	22.6M	-2.4M	3.5M	2.7M	30.6M	-2.4M	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	147.0M	188.0M	492.0M	99.1M	19.2M	17,300	44.4M	16.2M	59.9M	-23.6M	11.9M	19.5M	19.6M	7.6M	11.5M	9.0M	3.0M	5.1M	2.6M	--
Other Income	171.0M	206.0M	144.0M	160.0M	217.0M	195.0M	184.0M	294.0M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	4.9B	2.7B	4.9B	3.4B	2.2B	1.6B	1.3B	972.0M	949.0M	924.0M	1.1B	1.1B	933.0M	846.0M	742.0M	660.0M	434.0M	681.0M	542.0M	526.0M
Income Tax	738.0M	584.0M	534.0M	665.0M	638.0M	507.0M	463.0M	270.0M	303.0M	222.0M	198.0M	245.0M	186.0M	170.0M	142.0M	144.0M	79.3M	57.9M	8.5M	40.9M
+Net Income	4.1B	2.1B	4.4B	2.7B	1.6B	1.1B	816.0M	702.0M	646.0M	701.0M	878.0M	848.0M	747.0M	675.0M	600.0M	516.0M	354.0M	623.0M	534.0M	485.0M
Net Margin %	20.7%	9.8%	19.7%	11.8%	8.3%	7.3%	6.6%	7.6%	8.2%	9.9%	13.2%	20.0%	22.1%	19.1%	19.8%	19.6%	20.4%	44.2%	44.4%	103.0%
Net Income Attributable	3.5B	1.6B	3.2B	2.3B	1.5B	958.0M	719.0M	612.0M	611.0M	536.0M	733.0M	601.0M	581.0M	523.0M	483.0M	447.0M	261.0M	513.0M	452.0M	482.0M
Minority Interest	616.0M	480.0M	1.2B	346.0M	132.0M	133.0M	96.2M	90.1M	35.3M	165.0M	144.0M	247.0M	165.0M	152.0M	117.0M	68.5M	93.4M	110.0M	81.7M	3.9M
Eps Basic	0.48	0.22	0.43	0.32	0.24	0.17	0.14	0.13	0.13	0.11	0.33	0.27	0.26	0.24	0.22	0.20	0.12	0.23	0.21	0.29
Eps Diluted	0.48	0.22	0.43	0.32	0.24	0.17	0.14	0.13	--	0.11	0.33	0.27	0.26	--	0.22	0.20	--	0.23	--	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	6.4B	5.3B	6.1B	8.4B	8.9B	3.8B	6.1B	4.1B	3.2B	3.9B	3.5B	3.3B	2.3B	3.2B	2.1B	2.3B	2.1B	2.1B	1.1B	1.4B
Trading Financial Assets	--	--	--	--	--	--	--	--	80.1M	121.0M	88.3M	6.2M	9.5M	10.8M	10.1M	25.6M	134.0M	180.0M	164.0M	34.4M
Accounts Receivable	14.7B	12.0B	10.2B	6.1B	4.8B	3.8B	2.9B	2.3B	2.1B	1.4B	1.1B	1.4B	1.1B	759.0M	587.0M	454.0M	151.0M	107.0M	65.8M	30.8M
Notes Receivable	163.0M	161.0M	183.0M	275.0M	259.0M	159.0M	152.0M	38.1M	41.0M	10.5M	10.7M	2.8M	2.0M	4.7M	1.0M	--	20,000	535,400	564,100	20,000
Notes And Accounts Receivable	14.8B	12.2B	10.3B	6.4B	5.0B	3.9B	3.0B	2.3B	2.1B	1.4B	1.1B	1.4B	1.1B	764.0M	588.0M	454.0M	151.0M	107.0M	66.3M	30.8M
Prepayments	239.0M	292.0M	210.0M	307.0M	340.0M	196.0M	86.4M	136.0M	4.3B	2.2B	1.5B	1.7B	1.2B	1.6B	1.4B	1.4B	940.0M	628.0M	777.0M	225.0M
Inventory	1.0B	1.3B	1.4B	1.4B	1.2B	1.1B	784.0M	652.0M	1.2B	3.9B	3.5B	2.5B	4.0B	2.1B	1.9B	689.0M	436.0M	110.0M	74.3M	30.3M
Total Current Assets	32.1B	26.1B	24.3B	22.4B	20.3B	13.5B	13.9B	9.3B	13.3B	14.1B	11.9B	10.2B	9.6B	8.3B	6.5B	5.5B	4.2B	3.4B	2.3B	1.8B
Long Term Equity Investment	1.6B	1.7B	1.7B	1.9B	2.9B	2.7B	2.6B	2.4B	1.9B	1.6B	1.7B	1.5B	1.4B	1.2B	1.1B	1.1B	1.1B	1.2B	1.3B	4.1B
Fixed Assets	--	6.4B	6.2B	7.5B	6.6B	5.8B	5.3B	4.9B	4.8B	4.6B	4.1B	4.6B	3.8B	3.9B	3.9B	3.6B	3.6B	3.7B	5.0B	2.2B
Fixed Assets Total	6.4B	6.4B	6.2B	7.5B	6.6B	5.8B	5.3B	4.9B	4.8B	4.6B	4.1B	4.6B	3.8B	3.9B	3.9B	3.6B	3.6B	3.7B	5.0B	2.2B
Construction In Progress	--	1.8B	1.0B	1.5B	1.5B	20.2B	16.1B	10.9B	1.4B	974.0M	828.0M	686.0M	326.0M	125.0M	229.0M	242.0M	203.0M	130.0M	230.0M	120.0M
Construction In Progress Total	542.0M	1.8B	1.0B	1.5B	1.5B	20.2B	16.1B	10.9B	1.4B	974.0M	828.0M	686.0M	326.0M	125.0M	229.0M	245.0M	206.0M	131.0M	230.0M	137.0M
Intangible Assets	46.6B	49.2B	48.8B	49.0B	32.8B	26.9B	22.4B	17.3B	12.9B	10.3B	8.3B	6.0B	5.2B	4.8B	4.6B	3.6B	3.2B	2.7B	724.0M	103.0M
Long Term Deferred Expenses	314.0M	131.0M	105.0M	81.1M	155.0M	122.0M	61.0M	25.1M	23.2M	25.3M	38.6M	42.4M	13.5M	6.0M	11.5M	14.8M	36.9M	16.1M	10.9M	1.3M
Total Non Current Assets	79.1B	83.2B	80.6B	86.2B	80.2B	66.4B	55.1B	41.7B	26.3B	22.1B	18.9B	14.1B	12.4B	10.7B	10.3B	8.9B	8.7B	8.4B	7.8B	6.5B
Total Assets	111.2B	109.4B	104.9B	108.5B	100.6B	79.9B	69.0B	51.0B	39.6B	36.1B	30.8B	24.3B	22.0B	19.0B	16.8B	14.4B	12.9B	11.8B	10.0B	8.4B
Short Term Borrowings	3.3B	5.0B	720.0M	3.5B	2.3B	1.4B	2.6B	5.2B	1.0B	2.8B	3.4B	2.5B	2.8B	1.3B	804.0M	1.4B	1.4B	2.0B	1.6B	550.0M
Accounts Payable	11.3B	12.2B	12.5B	12.1B	10.8B	8.4B	6.4B	4.1B	1.9B	1.4B	1.0B	749.0M	1.1B	751.0M	1.0B	343.0M	278.0M	95.4M	95.8M	51.5M
Advance Receipts	223,300	482,100	--	--	--	1.6B	1.2B	1.2B	1.2B	1.2B	1.0B	886.0M	854.0M	776.0M	846.0M	320.0M	175.0M	164.0M	130.0M	40.5M
Contract Liabilities	2.5B	2.1B	1.9B	2.2B	2.0B	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	29.8B	28.7B	28.9B	31.3B	31.1B	18.2B	17.2B	18.4B	10.8B	11.5B	12.2B	7.5B	7.2B	4.7B	5.2B	3.9B	3.4B	3.6B	2.3B	2.0B
Long Term Borrowings	33.4B	31.2B	30.5B	28.1B	22.4B	22.1B	18.4B	10.8B	11.2B	8.2B	4.6B	4.0B	2.8B	3.3B	3.1B	2.6B	1.8B	583.0M	566.0M	1.6B
Total Non Current Liabilities	42.2B	42.3B	37.4B	39.2B	34.0B	33.5B	28.0B	15.5B	15.3B	12.8B	10.1B	7.0B	5.9B	6.0B	3.7B	3.1B	2.3B	1.0B	661.0M	1.6B
Total Liabilities	72.0B	71.0B	66.4B	70.5B	65.2B	51.7B	45.2B	33.9B	26.0B	24.3B	22.3B	14.5B	13.0B	10.7B	8.9B	7.0B	5.7B	4.6B	3.0B	3.6B
Paid In Capital	7.3B	7.3B	7.3B	7.3B	7.3B	5.7B	5.7B	4.8B	4.8B	2.4B	2.2B	2.2B	2.2B	2.2B	2.2B	2.2B	2.2B	2.2B	2.2B	2.2B
Capital Reserve	2.9B	3.6B	3.6B	3.9B	4.5B	2.4B	2.4B	608.0M	608.0M	2.9B	1.7B	1.6B	1.7B	1.7B	1.6B	1.6B	1.6B	1.7B	1.6B	1.6B
Surplus Reserve	2.0B	1.7B	1.5B	1.4B	1.1B	1.0B	958.0M	892.0M	835.0M	785.0M	738.0M	659.0M	620.0M	580.0M	546.0M	514.0M	486.0M	458.0M	410.0M	382.0M
Retained Earnings	8.1B	6.0B	5.8B	4.0B	2.6B	2.2B	2.1B	2.0B	1.9B	1.8B	1.7B	1.5B	1.2B	972.0M	770.0M	582.0M	405.0M	524.0M	434.0M	410.0M
Minority Equity	8.4B	9.3B	11.2B	11.1B	9.5B	6.9B	6.2B	4.7B	3.9B	3.3B	2.2B	3.7B	3.2B	3.0B	2.8B	2.6B	2.5B	2.4B	2.4B	174.0M
Equity Attributable	30.8B	29.1B	27.3B	26.9B	25.9B	21.3B	17.6B	12.5B	9.7B	8.5B	6.2B	6.1B	5.7B	5.4B	5.1B	4.9B	4.7B	4.8B	4.7B	4.6B
Total Equity	39.2B	38.4B	38.5B	38.0B	35.4B	28.2B	23.8B	17.1B	13.6B	11.8B	8.5B	9.8B	8.9B	8.4B	7.9B	7.5B	7.2B	7.2B	7.0B	4.8B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	16.1B	17.1B	16.8B	16.0B	15.5B	13.3B	10.0B	8.2B	9.2B	6.2B	4.9B	3.9B	3.3B	3.3B	3.5B	2.2B	1.7B	1.4B	1.4B	524.0M
Tax Refunds Received	98.1M	223.0M	899.0M	213.0M	97.5M	173.0M	146.0M	121.0M	99.9M	39.5M	234,100	1.9M	75,200	--	--	--	--	34.5M	2.5M	19.7M
Total Operating Cash Inflow	16.9B	17.8B	18.0B	16.7B	16.0B	14.1B	11.2B	9.2B	10.0B	6.8B	5.5B	4.4B	4.1B	3.7B	4.0B	3.1B	2.2B	2.0B	1.8B	989.0M
Cash Paid For Goods	7.2B	8.7B	9.2B	8.4B	6.8B	5.9B	4.0B	3.2B	3.4B	2.6B	2.6B	2.4B	2.4B	1.8B	2.3B	1.4B	995.0M	419.0M	374.0M	159.0M
Cash Paid To Employees	2.9B	3.0B	3.3B	3.2B	2.4B	2.3B	2.0B	1.7B	1.5B	1.5B	1.1B	769.0M	648.0M	555.0M	498.0M	398.0M	335.0M	280.0M	207.0M	111.0M
Taxes Paid	1.6B	1.6B	1.7B	1.4B	1.4B	1.5B	1.1B	923.0M	1.0B	585.0M	467.0M	425.0M	349.0M	321.0M	306.0M	186.0M	142.0M	105.0M	115.0M	64.1M
Total Operating Cash Outflow	12.8B	14.3B	14.9B	13.7B	11.5B	10.8B	7.9B	6.7B	7.1B	5.8B	4.9B	4.3B	4.0B	3.1B	3.4B	2.3B	1.8B	1.3B	907.0M	428.0M
Operating Cash Flow	4.1B	3.4B	3.0B	3.0B	4.5B	3.3B	3.3B	2.5B	3.0B	1.0B	637.0M	107.0M	65.6M	531.0M	654.0M	827.0M	349.0M	716.0M	915.0M	561.0M
Total Investing Cash Inflow	4.7B	466.0M	8.9B	3.0B	2.4B	1.2B	989.0M	1.8B	1.5B	1.7B	1.6B	2.9B	585.0M	524.0M	625.0M	550.0M	654.0M	1.3B	690.0M	215.0M
Total Investing Cash Outflow	4.3B	5.4B	6.6B	9.5B	14.5B	12.5B	10.0B	8.8B	5.4B	7.4B	6.9B	2.1B	2.4B	1.3B	1.6B	978.0M	1.1B	1.5B	1.3B	456.0M
Investing Cash Flow	483.0M	-5.0B	2.3B	-6.5B	-12.1B	-11.3B	-9.1B	-7.0B	-3.9B	-5.6B	-5.3B	749.0M	-1.9B	-799.0M	-1.0B	-429.0M	-414.0M	-212.0M	-626.0M	-241.0M
Cash From Borrowings	16.9B	21.2B	18.4B	17.9B	19.9B	15.4B	23.6B	12.5B	8.4B	8.7B	10.4B	6.5B	4.7B	3.3B	1.8B	4.9B	5.9B	3.8B	2.1B	3.5B
Dividends And Interest Paid	3.2B	3.6B	3.7B	3.1B	2.7B	2.4B	1.9B	1.5B	1.6B	1.1B	1.3B	965.0M	787.0M	592.0M	550.0M	542.0M	680.0M	621.0M	521.0M	270.0M
Debt Repayments	16.0B	16.5B	19.5B	17.0B	13.0B	13.0B	19.3B	10.0B	11.6B	8.1B	7.9B	6.8B	3.0B	3.4B	2.1B	4.6B	5.1B	2.7B	2.1B	3.3B
Total Financing Cash Inflow	20.3B	23.8B	23.5B	24.1B	28.7B	21.0B	29.2B	17.3B	13.1B	14.3B	14.3B	7.7B	4.9B	5.4B	2.7B	5.0B	5.9B	3.8B	2.1B	3.6B
Total Financing Cash Outflow	24.3B	23.3B	31.0B	21.3B	15.8B	15.5B	21.3B	11.5B	13.3B	9.3B	9.2B	7.8B	3.9B	4.0B	2.6B	5.1B	5.8B	3.3B	2.6B	3.5B
Financing Cash Flow	-4.1B	530.0M	-7.5B	2.8B	12.9B	5.6B	7.9B	5.8B	-239.0M	5.0B	5.1B	-166.0M	987.0M	1.4B	68.8M	-180.0M	131.0M	482.0M	-555.0M	16.9M
Net Change In Cash	530.0M	-1.0B	-2.3B	-749.0M	5.2B	-2.4B	2.1B	1.2B	-1.1B	388.0M	419.0M	687.0M	-811.0M	1.1B	-297.0M	218.0M	64.7M	984.0M	-268.0M	336.0M
Ending Cash Balance	5.4B	4.9B	5.9B	8.2B	8.8B	3.6B	6.0B	3.8B	2.7B	3.8B	3.4B	3.0B	2.3B	3.1B	2.0B	2.3B	2.1B	2.1B	1.1B	--
Capex	4.2B	4.5B	5.9B	8.9B	12.4B	11.7B	9.3B	7.5B	4.5B	2.5B	1.8B	1.4B	893.0M	506.0M	922.0M	517.0M	583.0M	389.0M	579.0M	349.0M