PetroChina Company Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2023	FY 2022	FY 2021	FY 2020	FY 2019	2018 - 2014
Period Ending	Sep '24 Sep 30, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021	Dec '20 Dec 31, 2020	Dec '19 Dec 31, 2019	2018 - 2014
Operating Revenue	2,912,282	2,938,138	3,174,708	2,551,738	1,875,016	2,458,600	Upgrade
Other Revenue	72,874	72,874	64,459	62,611	58,820	58,210	Upgrade
Revenue	2,985,156	3,011,012	3,239,167	2,614,349	1,933,836	2,516,810	Upgrade
Revenue Growth (YoY)	-2.63%	-7.04%	23.90%	35.19%	-23.16%	5.97%	Upgrade
Cost of Revenue	1,950,053	1,972,940	2,213,080	1,770,019	1,267,797	1,697,834	Upgrade
Gross Profit	1,035,103	1,038,072	1,026,087	844,330	666,039	818,976	Upgrade
Selling, General & Admin	239,865	236,819	222,602	212,637	211,949	222,914	Upgrade
Other Operating Expenses	273,585	285,980	300,989	217,976	187,760	228,263	Upgrade
Operating Expenses	784,455	789,067	781,056	679,122	631,458	695,357	Upgrade
Operating Income	250,648	249,005	245,031	165,208	34,581	123,619	Upgrade
Interest Expense	-21,522	-24,063	-21,554	-19,739	-26,528	-30,409	Upgrade
Interest & Investment Income	9,384	8,265	4,738	3,001	3,048	3,631	Upgrade
Earnings From Equity Investments	17,515	18,538	15,251	13,267	3,533	8,229	Upgrade
Currency Exchange Gain (Loss)	-1,080	-744	-1,818	538	108	1	Upgrade
EBT Excluding Unusual Items	254,945	251,001	241,648	162,275	14,742	105,071	Upgrade
Gain (Loss) on Sale of Assets	-11,591	-11,591	-20,726	-15,384	-4,156	-	Upgrade
Asset Writedown	-1,948	-1,948	-7,645	-7,008	-1,459	-1,857	Upgrade
Other Unusual Items	-	-	-	18,320	46,946	-	Upgrade
Pretax Income	241,406	237,462	213,277	158,203	56,073	103,214	Upgrade
Income Tax Expense	59,215	57,169	49,929	43,507	22,588	36,199	Upgrade
Earnings From Continuing Operations	182,191	180,293	163,348	114,696	33,485	67,015	Upgrade
Minority Interest in Earnings	-20,174	-19,147	-14,605	-22,526	-14,479	-21,333	Upgrade
Net Income	162,017	161,146	148,743	92,170	19,006	45,682	Upgrade
Net Income to Common	162,017	161,146	148,743	92,170	19,006	45,682	Upgrade
Net Income Growth	0.97%	8.34%	61.38%	384.95%	-58.39%	-13.87%	Upgrade
Shares Outstanding (Basic)	182,975	183,021	183,021	183,021	183,021	183,021	Upgrade
Shares Outstanding (Diluted)	182,975	183,021	183,021	183,021	183,021	183,021	Upgrade
Shares Change (YoY)	-0.59%	-	-	-	-	-	Upgrade
EPS (Basic)	0.89	0.88	0.81	0.50	0.10	0.25	Upgrade
EPS (Diluted)	0.88	0.88	0.81	0.50	0.10	0.25	Upgrade
EPS Growth	1.83%	8.64%	62.00%	400.00%	-59.94%	-13.87%	Upgrade
Free Cash Flow	160,782	175,704	150,055	79,852	70,199	39,924	Upgrade
Free Cash Flow Per Share	0.88	0.96	0.82	0.44	0.38	0.22	Upgrade
Dividend Per Share	0.450	0.440	0.423	0.227	0.175	0.112	Upgrade
Dividend Growth	4.65%	4.12%	86.47%	29.62%	55.68%	-25.87%	Upgrade
Gross Margin	34.67%	34.48%	31.68%	32.30%	34.44%	32.54%	Upgrade
Operating Margin	8.40%	8.27%	7.56%	6.32%	1.79%	4.91%	Upgrade
Profit Margin	5.43%	5.35%	4.59%	3.53%	0.98%	1.82%	Upgrade
Free Cash Flow Margin	5.39%	5.84%	4.63%	3.05%	3.63%	1.59%	Upgrade
EBITDA	496,113	488,904	474,809	387,638	242,015	340,951	Upgrade
EBITDA Margin	16.62%	16.24%	14.66%	14.83%	12.51%	13.55%	Upgrade
D&A For EBITDA	245,465	239,899	229,778	222,430	207,434	217,332	Upgrade
EBIT	250,648	249,005	245,031	165,208	34,581	123,619	Upgrade
EBIT Margin	8.40%	8.27%	7.56%	6.32%	1.79%	4.91%	Upgrade
Effective Tax Rate	24.53%	24.07%	23.41%	27.50%	40.28%	35.07%	Upgrade

Source: S&P Capital IQ. Standard template. Financial Sources.