Jiangsu Xukuang Energy 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	12,142	13,805	11,812	14,744	11,239	9,186
Other Revenue	377.31	377.31	216.68	396.36	438.71	849.97
Revenue	12,520	14,182	12,029	15,140	11,678	10,036
Revenue Growth (YoY)	-9.37%	17.90%	-20.55%	29.65%	16.36%	-11.00%
Cost of Revenue	9,313	9,607	6,873	9,051	7,049	6,662
Gross Profit	3,207	4,576	5,156	6,089	4,628	3,374
Selling, General & Admin	1,112	1,083	941.72	1,007	1,036	1,012
Research & Development	196.26	280.8	323.08	192.5	185.98	120.49
Other Operating Expenses	660.1	645.24	572.3	674.92	426.16	204.17
Operating Expenses	1,951	2,008	1,840	1,875	1,638	1,243
Operating Income	1,256	2,568	3,316	4,214	2,990	2,131
Interest Expense	-79.66	-123.27	-149.02	-240.57	-300.21	-291.48
Interest & Investment Income	68.85	116.71	155.98	98.42	66.82	326.07
Currency Exchange Gain (Loss)	0.01	0.01	0.01	-0.2	9.77	-
Other Non Operating Income (Expenses)	-174.32	-182.77	-119.8	-130.32	-144.99	230.49
EBT Excluding Unusual Items	1,071	2,379	3,203	3,941	2,621	2,396
Gain (Loss) on Sale of Investments	-11.5	-	-	-40.01	-104.14	-
Gain (Loss) on Sale of Assets	34.8	37.31	1.92	2.78	82.78	58
Asset Writedown	0.37	-	-0.19	-64.12	-13.37	-7.69
Other Unusual Items	-71.16	-83.08	93.93	30.02	4.15	-
Pretax Income	1,023	2,333	3,299	3,870	2,591	2,447
Income Tax Expense	476.4	705.36	673.8	864.78	437.74	396.47
Earnings From Continuing Operations	546.87	1,628	2,625	3,005	2,153	2,050
Minority Interest in Earnings	-225.67	-242.65	-229.05	-287.87	-150.33	-144.59
Net Income	321.2	1,385	2,396	2,717	2,003	1,906
Net Income to Common	321.2	1,385	2,396	2,717	2,003	1,906
Net Income Growth	-81.78%	-42.19%	-11.82%	35.70%	5.09%	-3.65%
Shares Outstanding (Basic)	6,409	6,926	6,656	6,176	6,258	5,660
Shares Outstanding (Diluted)	6,409	6,926	6,656	6,176	6,258	5,660
Shares Change (YoY)	-6.06%	4.06%	7.78%	-1.31%	10.57%	-0.01%
EPS (Basic)	0.05	0.20	0.36	0.44	0.32	0.34
EPS (Diluted)	0.05	0.20	0.36	0.44	0.32	0.34
EPS Growth	-80.60%	-44.44%	-18.18%	37.50%	-4.96%	-3.64%
Free Cash Flow	-1,968	-1,395	-782.44	229.96	1,061	431.67
Free Cash Flow Per Share	-0.31	-0.20	-0.12	0.04	0.17	0.08
Dividend Per Share	0.122	0.122	0.410	-	-	-
Dividend Growth	-41.91%	-70.24%	-	-	-	-
Gross Margin	25.61%	32.26%	42.86%	40.22%	39.63%	33.62%
Operating Margin	10.03%	18.11%	27.57%	27.83%	25.60%	21.24%
Profit Margin	2.57%	9.77%	19.92%	17.95%	17.15%	18.99%
Free Cash Flow Margin	-15.72%	-9.84%	-6.50%	1.52%	9.09%	4.30%
EBITDA	2,966	4,138	4,698	5,425	4,183	3,211
EBITDA Margin	23.69%	29.17%	39.06%	35.83%	35.82%	31.99%
D&A For EBITDA	1,710	1,569	1,382	1,211	1,193	1,079
EBIT	1,256	2,568	3,316	4,214	2,990	2,131
EBIT Margin	10.03%	18.11%	27.57%	27.83%	25.60%	21.24%
Effective Tax Rate	46.56%	30.23%	20.42%	22.35%	16.90%	16.20%
Revenue as Reported	12,520	14,182	12,029	15,140	-	-
Advertising Expenses	-	0.02	0.04	0.34	0.03	0.25

Updated Sep 30, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.