China Science Environmental Protection: The decline in environmental protection equipment revenue in 2025 is mainly due to some projects not reaching acceptance milestones.

MetaMuskRat · 2026-04-08T12:24:19+00:00

People's Financial News, April 8 — China National Environmental Protection (301175) stated at the performance briefing on April 7 that the company's environmental protection equipment business orders are expected to maintain rapid year-over-year growth by 2025. However, its sales revenue has declined, mainly because: the delivery cycle for the company's environmental protection equipment sales orders generally ranges from 1 to 2 years. In addition to normal delivery cycles, revenue recognition is also affected by the acceptance of the entire plant project. The decline in revenue in 2025 is mainly due to some projects not reaching the acceptance milestone of the entire plant, so revenue has not been recognized. Revenue will be gradually recognized as orders are delivered and the entire plant acceptance is completed.

MetaMuskRat

2026-04-08 12:24:19

People’s Finance News, April 8—On April 7, Zhongke Environmental Protection (301175) said at a performance exchange meeting that the company’s 2025 environmental protection equipment business order amount has maintained relatively rapid year-over-year growth, but its sales revenue declined. The main reasons are: the delivery cycle for environmental protection equipment sales orders is generally between 1 and 2 years. In addition to the normal supply cycle, revenue recognition is also affected by the project’s whole-plant acceptance. The decline in 2025 revenue is mainly because some projects did not reach the whole-plant acceptance milestone, and therefore revenue was not recognized. Going forward, as orders are delivered and whole-plant acceptance is completed, revenue will be recognized gradually.

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