Chuangye Environmental Protection's net profit attributable to parent in 2025 is 862 million yuan, a year-on-year increase of 6.83%.

On March 25th, Chuangye Environmental Protection ( 600874 ) released its 2025 annual report. The company’s operating revenue was 4.76 billion yuan, down 1.4% year-on-year; net profit attributable to the parent was 862 million yuan, up 6.83% year-on-year; non-recurring net profit attributable to the parent was 770 million yuan, up 6.5% year-on-year; net operating cash flow was 3.3B yuan, an increase of 138.95% year-on-year; EPS ( fully diluted ) was 0.5491 yuan.

In the fourth quarter, the company’s operating revenue was 1.31 billion yuan, down 8.7% year-on-year; net profit attributable to the parent was 160 million yuan, up 23.8% year-on-year; non-recurring net profit attributable to the parent was 173 million yuan, up 69.7% year-on-year; EPS was 0.1022 yuan.

As of the end of the fourth quarter, the company’s total assets were 25.96B yuan, an increase of 3.22% compared to the end of the previous year; net assets attributable to the parent were 10.26B yuan, up 6.11% compared to the end of the previous year.

The company stated in its 2025 annual report that there were no significant changes in its operating business during the reporting period, and it continued to focus on core businesses such as sewage treatment, recycled water utilization, sludge resource recovery, and solid waste disposal.

The company’s new investment projects include the Xianyang Road Phase II sewage treatment project, which increased the scale of equity-based sewage treatment business by 150k cubic meters per day. However, the Phase I and Phase II sewage treatment plants in Dashaba, Enshi City, and the sewage treatment plant in Lushui Industrial Park, Chibi City, were terminated, resulting in a reduction of 140k cubic meters per day in the scale of equity-based sewage treatment business.

Additionally, the company has made progress in strategic new businesses, including the addition of a recycled water comprehensive utilization project with Duodao investors + EPC + O model, increasing the business scale by 50k cubic meters per day. Overall, the company’s business scope and operating model remain stable with no major changes.