JiaXing Gas Group Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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
Revenue	3,121	3,420	2,956	3,466	1,989
Revenue Growth (YoY)	-8.74%	15.69%	-14.70%	74.30%	56.12%
Selling, General & Admin	105.21	100.52	94.88	73.28	80.03
Provision for Bad Debts	-10.2	5.15	20.45	5.12	2.13
Other Operating Expenses	2,914	3,065	2,691	3,300	1,751
Total Operating Expenses	3,009	3,171	2,806	3,379	1,833
Operating Income	112.08	249.22	150.24	87.36	155.51
Interest Expense	-13.52	-16.29	-12.82	-10.76	-8.97
Interest Income	13	10.35	10.17	4.87	3.67
Net Interest Expense	-0.52	-5.93	-2.64	-5.9	-5.3
Income (Loss) on Equity Investments	62.64	9.5	156.35	-7.75	-1.52
Currency Exchange Gain (Loss)	0.13	-	0.42	14.86	-
Other Non-Operating Income (Expenses)	18.05	5.51	-10.2	8.93	-6.57
EBT Excluding Unusual Items	192.38	258.3	294.16	97.5	142.13
Gain (Loss) on Sale of Investments	4.62	3.67	-11.86	4.87	2.82
Gain (Loss) on Sale of Assets	0.14	0.18	0	0.04	4.3
Pretax Income	197.14	262.14	282.3	102.41	149.25
Income Tax Expense	32.3	60.68	31.79	25.99	36.8
Earnings From Continuing Ops.	164.85	201.46	250.51	76.42	112.45
Minority Interest in Earnings	-14.1	-13.84	-11.51	-7.08	-3.96
Net Income	150.74	187.62	239	69.34	108.49
Net Income to Common	150.74	187.62	239	69.34	108.49
Net Income Growth	-19.66%	-21.50%	244.66%	-36.08%	17.26%
Shares Outstanding (Basic)	138	138	138	138	138
Shares Outstanding (Diluted)	138	138	138	138	138
Shares Change (YoY)	-	-	-	-	17.67%
EPS (Basic)	1.09	1.36	1.73	0.50	0.79
EPS (Diluted)	1.09	1.36	1.73	0.50	0.79
EPS Growth	-19.66%	-21.50%	244.66%	-36.08%	-0.35%
Free Cash Flow	-	160.52	109.95	56.33	71.47
Free Cash Flow Per Share	-	1.16	0.80	0.41	0.52
Dividend Per Share	0.400	0.450	0.600	0.200	0.270
Dividend Growth	-11.11%	-25.00%	200.00%	-25.93%	8.00%
Profit Margin	4.83%	5.49%	8.08%	2.00%	5.46%
Free Cash Flow Margin	-	4.69%	3.72%	1.63%	3.59%
EBITDA	192.9	330.05	216.45	140.85	201.43
EBITDA Margin	6.18%	9.65%	7.32%	4.06%	10.13%
D&A For EBITDA	80.83	80.83	66.21	53.49	45.92
EBIT	112.08	249.22	150.24	87.36	155.51
EBIT Margin	3.59%	7.29%	5.08%	2.52%	7.82%
Effective Tax Rate	16.38%	23.15%	11.26%	25.38%	24.66%

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