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<0>Reliable cash flow. You need to purchase a great business yielding revenue.</0><0>Growing net profit will ensure stable payments.</0><0>Regular payments over the past 20-25 years.</0><0>High dividend yield is not always good. High dividend stocks are not the only option for the dividend investor.</0>

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Fujian Funeng Co., Ltd., together with its subsidiaries, produces and sells electricity and heat in China. The company operates through Electrical Power and Textile segments. The company generates electricity through wind, natural gas, cogeneration, coal-fired pure condensing, and photovoltaic power generation. The company also produces and sells industrial textiles, such as woven fabrics, and needle-punched, and spunlace non-woven fabrics. In addition, the company is involved in the investment, development, construction, operation, maintenance, and management of new energy industry; manufacture of PU leather; utilization of ash; hydropower and thermal power generation; power transmission and distribution; knitwear and clothing products; installation, testing, and repair of power facilities; and development and construction of power projects. As of December 31, 2025, the company's total installed capacity is 6,152,000 kilowatts, including 1,809,000 kilowatts of wind power; 1,560,000 kilowatts of natural gas power; 1,341,100 kilowatts of combined heat and power; 1,320,000 kilowatts for condensing power; and 121,900 kilowatts for photovoltaic power. The company is based in Fuzhou, China. Fujian Funeng Co., Ltd. operates as a subsidiary of Fujian Energy Group Co., Ltd.

	2021	2022	2023	2024	2025	TTM
Revenue
Total revenue	12,155.9	14,317.9	14,694.9	14,563.3	13,750.7	13,589.6
COGS	10,015.2	10,895	11,196.3	10,702.8	9,798.7	9,798.7
Gross Profit	2,140.7	3,422.9	3,498.6	3,860.5	3,951.9	3,790.9
Operating Expenses & Income
Operating Income	1,830.3	3,615.3	3,684.9	4,051.3	3,453.2	3,372.5
Total Operating Expenses	310.5	(192.4)	(186.2)	(190.8)	10,297.5	4,834.4
R&D Expenses	70.57	108.2	129.9	143.3	121	111.8
Selling General & Admin Expenses	231.4	249.5	288.4	327.9	79.88	83.77
Earnings from Continuing Operations
Interest Expense	(544.1)	(666.8)	(652.4)	(555)	(416.4)	(422.1)
Interest Income	36.8	37.09	49.47	55.66	48.6	41.9
Income Tax Expense	146.2	341	433.8	574.1	-	286.3
Net Income
Net Income	1,359.2	2,594.6	2,623.5	2,793.2	2,957.2	2,855.2
Supplemental
EBIT	1,783.2	3,006	3,025	3,306.9	-	-
EBITDA	3,058.7	4,601.6	4,909.7	5,119.2	-	-

Fujian Funeng Co Ltd