PetroChina Company Income Statement

Financials in millions CNY. Fiscal year is January - December.

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Sep '25 Sep 30, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020
Operating Revenue	2,782,052	2,870,490	2,939,938	3,174,708	2,551,738	1,875,016
Other Revenue	67,491	67,491	72,874	64,459	62,611	58,820
Revenue	2,849,543	2,937,981	3,012,812	3,239,167	2,614,349	1,933,836
Revenue Growth (YoY)	-4.65%	-2.48%	-6.99%	23.90%	35.19%	-23.16%
Cost of Revenue	1,880,985	1,938,093	1,972,238	2,213,080	1,770,019	1,267,797
Gross Profit	968,558	999,888	1,040,574	1,026,087	844,330	666,039
Selling, General & Admin	234,825	239,006	238,459	222,602	212,637	211,949
Other Operating Expenses	236,341	252,855	286,106	300,989	217,976	187,760
Operating Expenses	733,591	751,730	791,137	781,056	679,122	631,458
Operating Income	234,967	248,158	249,437	245,031	165,208	34,581
Interest Expense	-18,847	-20,731	-24,063	-21,554	-19,739	-26,528
Interest & Investment Income	8,572	8,799	8,288	4,738	3,001	3,048
Earnings From Equity Investments	18,177	18,644	18,538	15,251	13,267	3,533
Currency Exchange Gain (Loss)	735	842	-744	-1,818	538	108
EBT Excluding Unusual Items	243,604	255,712	251,456	241,648	162,275	14,742
Gain (Loss) on Sale of Investments	-41	-41	-36	-	-	-
Gain (Loss) on Sale of Assets	-9,961	-9,961	-11,591	-20,726	-15,384	-4,156
Asset Writedown	-4,202	-4,202	-1,948	-7,645	-7,008	-1,459
Other Unusual Items	-	-	-	-	18,320	46,946
Pretax Income	229,400	241,508	237,881	213,277	158,203	56,073
Income Tax Expense	54,035	57,753	57,318	49,929	43,507	22,588
Earnings From Continuing Operations	175,365	183,755	180,563	163,348	114,696	33,485
Minority Interest in Earnings	-17,175	-19,071	-19,147	-14,605	-22,526	-14,479
Net Income	158,190	164,684	161,416	148,743	92,170	19,006
Net Income to Common	158,190	164,684	161,416	148,743	92,170	19,006
Net Income Growth	-2.68%	2.02%	8.52%	61.38%	384.95%	-58.39%
Shares Outstanding (Basic)	183,871	183,021	183,021	183,021	183,021	183,021
Shares Outstanding (Diluted)	183,871	183,021	183,021	183,021	183,021	183,021
EPS (Basic)	0.86	0.90	0.88	0.81	0.50	0.10
EPS (Diluted)	0.86	0.90	0.88	0.81	0.50	0.10
EPS Growth	-3.40%	2.25%	8.64%	62.00%	400.00%	-59.94%
Free Cash Flow	118,236	104,352	175,971	150,055	79,852	70,199
Free Cash Flow Per Share	0.64	0.57	0.96	0.82	0.44	0.38
Dividend Per Share	0.470	0.470	0.440	0.423	0.227	0.175
Dividend Growth	4.44%	6.82%	4.12%	86.47%	29.62%	55.68%
Gross Margin	33.99%	34.03%	34.54%	31.68%	32.30%	34.44%
Operating Margin	8.25%	8.45%	8.28%	7.56%	6.32%	1.79%
Profit Margin	5.55%	5.61%	5.36%	4.59%	3.53%	0.98%
Free Cash Flow Margin	4.15%	3.55%	5.84%	4.63%	3.05%	3.63%
EBITDA	467,361	478,296	489,632	474,809	387,638	242,015
EBITDA Margin	16.40%	16.28%	16.25%	14.66%	14.83%	12.52%
D&A For EBITDA	232,394	230,138	240,195	229,778	222,430	207,434
EBIT	234,967	248,158	249,437	245,031	165,208	34,581
EBIT Margin	8.25%	8.45%	8.28%	7.56%	6.32%	1.79%
Effective Tax Rate	23.55%	23.91%	24.09%	23.41%	27.50%	40.28%

Source: S&P Global Market Intelligence. Standard template. Financial Sources.