PetroChina Company Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Operating Revenue	2,784,282	2,800,955	2,870,490	2,939,938	3,174,708	2,551,738
Other Revenue	63,514	63,514	67,491	72,874	64,459	62,611
Revenue	2,847,796	2,864,469	2,937,981	3,012,812	3,239,167	2,614,349
Revenue Growth	-1.06%	-2.50%	-2.48%	-6.99%	23.90%	35.19%
Cost of Revenue	1,874,836	1,904,951	1,938,093	1,972,238	2,213,080	1,770,019
Gross Profit	972,960	959,518	999,888	1,040,574	1,026,087	844,330
Selling, General & Admin	243,703	241,031	239,006	238,459	222,602	212,637
Other Operating Expenses	231,592	223,713	252,855	286,106	300,989	217,976
Operating Expenses	742,449	729,633	751,730	791,137	781,056	679,122
Operating Income	230,511	229,885	248,158	249,437	245,031	165,208
Interest Expense	-17,268	-17,567	-20,731	-24,063	-21,554	-19,739
Interest & Investment Income	7,411	7,760	8,799	8,288	4,738	3,001
Earnings From Equity Investments	17,618	17,531	18,644	18,538	15,251	13,267
Currency Exchange Gain (Loss)	-153	-800	842	-744	-1,818	538
EBT Excluding Unusual Items	238,119	236,809	255,712	251,456	241,648	162,275
Gain (Loss) on Sale of Investments	381	381	-41	-36	-	-
Gain (Loss) on Sale of Assets	-9,181	-9,181	-9,961	-11,591	-20,726	-15,384
Asset Writedown	-1,844	-1,844	-4,202	-1,948	-7,645	-7,008
Other Unusual Items	-	-	-	-	-	18,320
Pretax Income	227,475	226,165	241,508	237,881	213,277	158,203
Income Tax Expense	54,506	54,144	57,753	57,318	49,929	43,507
Earnings From Continuing Operations	172,969	172,021	183,755	180,563	163,348	114,696
Minority Interest in Earnings	-14,770	-14,703	-19,071	-19,147	-14,605	-22,526
Net Income	158,199	157,318	164,684	161,416	148,743	92,170
Net Income to Common	158,199	157,318	164,684	161,416	148,743	92,170
Net Income Growth	-4.91%	-4.47%	2.02%	8.52%	61.38%	384.95%
Shares Outstanding (Basic)	182,988	183,021	183,021	183,021	183,021	183,021
Shares Outstanding (Diluted)	182,988	183,021	183,021	183,021	183,021	183,021
Shares Change	-0.04%	-	-	-	-	-
EPS (Basic)	0.86	0.86	0.90	0.88	0.81	0.50
EPS (Diluted)	0.86	0.86	0.90	0.88	0.81	0.50
EPS Growth	-4.88%	-4.47%	2.25%	8.64%	62.00%	400.00%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar '26 Mar 31, 2026	Dec '25 Dec 31, 2025	Dec '24 Dec 31, 2024	Dec '23 Dec 31, 2023	Dec '22 Dec 31, 2022	Dec '21 Dec 31, 2021
Free Cash Flow	68,112	120,189	104,352	175,971	150,055	79,852
Free Cash Flow Per Share	0.37	0.66	0.57	0.96	0.82	0.44
Dividend Per Share	0.470	0.470	0.470	0.440	0.423	0.227
Dividend Growth	0%	0%	6.82%	4.12%	86.47%	29.62%
Gross Margin	34.16%	33.50%	34.03%	34.54%	31.68%	32.30%
Operating Margin	8.09%	8.03%	8.45%	8.28%	7.56%	6.32%
Profit Margin	5.56%	5.49%	5.61%	5.36%	4.59%	3.53%
Free Cash Flow Margin	2.39%	4.20%	3.55%	5.84%	4.63%	3.05%
EBITDA	470,259	467,064	478,296	489,632	474,809	387,638
EBITDA Margin	16.51%	16.30%	16.28%	16.25%	14.66%	14.83%
D&A For EBITDA	239,748	237,179	230,138	240,195	229,778	222,430
EBIT	230,511	229,885	248,158	249,437	245,031	165,208
EBIT Margin	8.09%	8.03%	8.45%	8.28%	7.56%	6.32%
Effective Tax Rate	23.96%	23.94%	23.91%	24.09%	23.41%	27.50%