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	Sep '26 Sep 30, 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	2,952,956	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	3,016,470	2,864,469	2,937,981	3,012,812	3,239,167	2,614,349
Revenue Growth	5.87%	-2.50%	-2.48%	-6.99%	23.90%	35.19%
Cost of Revenue	1,994,107	1,904,951	1,938,093	1,972,238	2,213,080	1,770,019
Gross Profit	1,022,363	959,518	999,888	1,040,574	1,026,087	844,330
Selling, General & Admin	246,770	241,031	239,006	238,459	222,602	212,637
Other Operating Expenses	246,563	223,713	252,855	286,106	300,989	217,976
Operating Expenses	761,097	729,633	751,730	791,137	781,056	679,122
Operating Income	261,266	229,885	248,158	249,437	245,031	165,208
Interest Expense	-16,688	-17,567	-20,731	-24,063	-21,554	-19,739
Interest & Investment Income	6,151	7,760	8,799	8,288	4,738	3,001
Earnings From Equity Investments	19,768	17,531	18,644	18,538	15,251	13,267
Currency Exchange Gain (Loss)	426	-800	842	-744	-1,818	538
EBT Excluding Unusual Items	270,923	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	260,279	226,165	241,508	237,881	213,277	158,203
Income Tax Expense	57,949	54,144	57,753	57,318	49,929	43,507
Earnings From Continuing Operations	202,330	172,021	183,755	180,563	163,348	114,696
Minority Interest in Earnings	-17,069	-14,703	-19,071	-19,147	-14,605	-22,526
Net Income	185,261	157,318	164,684	161,416	148,743	92,170
Net Income to Common	185,261	157,318	164,684	161,416	148,743	92,170
Net Income Growth	15.98%	-4.47%	2.02%	8.52%	61.38%	384.95%
Shares Outstanding (Basic)	183,506	183,021	183,021	183,021	183,021	183,021
Shares Outstanding (Diluted)	183,506	183,021	183,021	183,021	183,021	183,021
Shares Change	-0.03%	-	-	-	-	-
EPS (Basic)	1.01	0.86	0.90	0.88	0.81	0.50
EPS (Diluted)	1.01	0.86	0.90	0.88	0.81	0.50
EPS Growth	16.02%	-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	Sep '26 Sep 30, 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	168,427	120,189	104,352	175,971	150,055	79,852
Free Cash Flow Per Share	0.92	0.66	0.57	0.96	0.82	0.44
Dividend Per Share	0.507	0.470	0.470	0.440	0.423	0.227
Dividend Growth	7.84%	0%	6.82%	4.12%	86.47%	29.62%
Gross Margin	33.89%	33.50%	34.03%	34.54%	31.68%	32.30%
Operating Margin	8.66%	8.03%	8.45%	8.28%	7.56%	6.32%
Profit Margin	6.14%	5.49%	5.61%	5.36%	4.59%	3.53%
Free Cash Flow Margin	5.58%	4.20%	3.55%	5.84%	4.63%	3.05%
EBITDA	502,171	467,064	478,296	489,632	474,809	387,638
EBITDA Margin	16.65%	16.30%	16.28%	16.25%	14.66%	14.83%
D&A For EBITDA	240,905	237,179	230,138	240,195	229,778	222,430
EBIT	261,266	229,885	248,158	249,437	245,031	165,208
EBIT Margin	8.66%	8.03%	8.45%	8.28%	7.56%	6.32%
Effective Tax Rate	22.26%	23.94%	23.91%	24.09%	23.41%	27.50%