Ningxia Baofeng Energy Group Co., Ltd. (SHA:600989)

SHA:600989 Financials Overview

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

Revenue & Profits

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Revenue Revenue Growth	50,504	48,038	32,983	29,136	28,430	23,300
Revenue Growth	42.16%	45.64%	13.21%	2.48%	22.02%	46.28%
Gross Profit Gross Profit Growth	18,392	17,250	10,933	8,857	9,312	9,820
Operating Income Operating Income Growth	15,504	14,477	8,543	7,117	8,040	8,696
Net Income Net Income Growth	12,560	11,336	6,332	5,651	6,303	7,070
Earnings Per Share EPS Growth	1.73	1.56	0.87	0.77	0.86	0.97
EPS Growth	71.55%	79.86%	12.43%	-10.46%	-10.95%	53.30%

Revenue by Segment

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Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Olefin Products Olefin Products Growth	38,916	22,962	15,389	12,926	12,359
Fine Chemical Products Fine Chemical Products Growth	3,113	3,837	4,056	3,882	2,684
Coking Products Coking Products Growth	10,256	14,086	14,191	15,527	10,047
Interdepartmental Offset Interdepartmental Offset Growth	-8,665	-12,808	-8,855	-7,781	-4,769
Headquarters and Other Headquarters and Other Growth	4,417	4,905	4,354	3,876	2,978
Total Total Growth	48,038	32,983	29,136	28,430	23,300

Cash & Debt

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Cash & Investments Cash & Investments Growth	4,949	1,345	2,477	1,283	2,158	1,451
Total Debt Total Debt Growth	30,392	30,051	31,032	20,824	14,424	6,819
Net Cash (Debt) Net Cash Growth	-25,443	-28,706	-28,555	-19,541	-12,266	-5,368
Net Cash Growth	-	-	-	-	-	-
Net Cash Per Share Net Cash Per Share Growth	-3.50	-3.94	-3.90	-2.67	-1.68	-0.73

Cash Flow & CapEx

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Operating Cash Flow Operating Cash Flow Growth	18,997	16,851	8,898	8,693	6,626	6,488
Capital Expenditures CapEx Growth	-6,420	-6,643	-11,529	-12,842	-9,977	-5,357
Free Cash Flow Free Cash Flow Growth	12,577	10,208	-2,631	-4,150	-3,351	1,131
Free Cash Flow Growth	-	-	-	-	-	-56.68%

Margins

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Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Mar 31, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Gross Margin	36.42%	35.91%	33.15%	30.40%	32.75%	42.15%
Operating Margin	30.70%	30.14%	25.90%	24.43%	28.28%	37.32%
Pretax Margin	28.55%	27.04%	22.09%	22.20%	25.70%	34.85%
Profit Margin	24.87%	23.60%	19.20%	19.39%	22.17%	30.34%
FCF Margin	24.90%	21.25%	-7.98%	-14.24%	-11.79%	4.85%

Dividends

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 26, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
Dividend Per Share Dividend Per Share Growth	0.772	0.772	0.460	0.280	0.280	0.321
Dividend Per Share Growth	67.92%	67.92%	64.21%	0%	-12.77%	14.64%
Dividend Yield	3.30%	4.00%	2.90%	2.06%	2.55%	2.11%

Valuation

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Fiscal Year	Current	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jul 26, 2026	Dec 31, 2025	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021
PE Ratio	13.52	12.59	19.51	19.12	14.01	18.01
Forward PE	10.39	10.85	11.35	13.03	9.93	16.40
P/FCF Ratio	13.52	13.99	-	-	-	112.60
PS Ratio	3.37	2.97	3.74	3.71	3.11	5.46

Data Source: S&P Global Market Intelligence Last updated: Mar 31, 2026

Financial data is provided by S&P Global Market Intelligence and updates within hours after each earnings release, which is every three months for this company.

Update frequency:

Quarterly

Last checked:

Jul 26, 2026

Data Sources Report a data error