PetroChina Company Limited (SHA:601857)

PetroChina Company Income Statement

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

Fiscal Year	FY 2024	FY 2023	FY 2022	FY 2021	FY 2020
Period Ending	Dec 31, 2024	Dec 31, 2023	Dec 31, 2022	Dec 31, 2021	Dec 31, 2020
Operating Revenue	2,937,981	2,938,138	3,174,708	2,551,738	1,875,016
Other Revenue	-	72,874	64,459	62,611	58,820
Revenue	2,937,981	3,011,012	3,239,167	2,614,349	1,933,836
Revenue Growth (YoY)	-2.43%	-7.04%	23.90%	35.19%	-23.16%
Cost of Revenue	1,938,093	1,972,940	2,213,080	1,770,019	1,267,797
Gross Profit	999,888	1,038,072	1,026,087	844,330	666,039
Selling, General & Admin	239,006	236,819	222,602	212,637	211,949
Other Operating Expenses	262,857	285,980	300,989	217,976	187,760
Operating Expenses	765,934	789,067	781,056	679,122	631,458
Operating Income	233,954	249,005	245,031	165,208	34,581
Interest Expense	-20,731	-24,063	-21,554	-19,739	-26,528
Interest & Investment Income	8,799	8,265	4,738	3,001	3,048
Earnings From Equity Investments	18,644	18,538	15,251	13,267	3,533
Currency Exchange Gain (Loss)	842	-744	-1,818	538	108
EBT Excluding Unusual Items	241,508	251,001	241,648	162,275	14,742
Gain (Loss) on Sale of Assets	-	-11,591	-20,726	-15,384	-4,156
Asset Writedown	-	-1,948	-7,645	-7,008	-1,459
Other Unusual Items	-	-	-	18,320	46,946
Pretax Income	241,508	237,462	213,277	158,203	56,073
Income Tax Expense	57,753	57,169	49,929	43,507	22,588
Earnings From Continuing Operations	183,755	180,293	163,348	114,696	33,485
Minority Interest in Earnings	-19,071	-19,147	-14,605	-22,526	-14,479
Net Income	164,684	161,146	148,743	92,170	19,006
Net Income to Common	164,684	161,146	148,743	92,170	19,006
Net Income Growth	2.20%	8.34%	61.38%	384.95%	-58.39%
Shares Outstanding (Basic)	182,982	183,021	183,021	183,021	183,021
Shares Outstanding (Diluted)	182,982	183,021	183,021	183,021	183,021
Shares Change (YoY)	-0.02%	-	-	-	-
EPS (Basic)	0.90	0.88	0.81	0.50	0.10
EPS (Diluted)	0.90	0.88	0.81	0.50	0.10
EPS Growth	2.27%	8.64%	62.00%	400.00%	-59.94%
Free Cash Flow	-	175,704	150,055	79,852	70,199
Free Cash Flow Per Share	-	0.96	0.82	0.44	0.38
Dividend Per Share	-	0.440	0.423	0.227	0.175
Dividend Growth	-	4.12%	86.47%	29.62%	55.68%
Gross Margin	34.03%	34.48%	31.68%	32.30%	34.44%
Operating Margin	7.96%	8.27%	7.56%	6.32%	1.79%
Profit Margin	5.61%	5.35%	4.59%	3.53%	0.98%
Free Cash Flow Margin	-	5.83%	4.63%	3.05%	3.63%
EBITDA	472,226	488,904	474,809	387,638	242,015
EBITDA Margin	16.07%	16.24%	14.66%	14.83%	12.52%
D&A For EBITDA	238,272	239,899	229,778	222,430	207,434
EBIT	233,954	249,005	245,031	165,208	34,581
EBIT Margin	7.96%	8.27%	7.56%	6.32%	1.79%
Effective Tax Rate	23.91%	24.07%	23.41%	27.50%	40.28%

Updated Oct 29, 2024. Source: S&P Global Market Intelligence. Standard template. Financial Sources.