Xinjiang Torch Gas 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	Mar '26 Mar 31, 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	1,642	1,629	1,466	1,084	840.81	890.12
Other Revenue	-	-	12.31	6.64	7.42	9.69
Revenue	1,642	1,629	1,478	1,091	848.24	899.81
Revenue Growth (YoY)	7.83%	10.25%	35.49%	28.59%	-5.73%	32.85%
Selling, General & Admin	175.09	166.34	162.51	136.34	118.86	112.72
Provision for Bad Debts	-	-	13.4	4.73	18.84	13.24
Other Operating Expenses	1,225	1,223	1,115	802.27	599.63	647.52
Total Operating Expenses	1,400	1,389	1,291	943.34	737.34	773.48
Operating Income	242.22	239.79	187.27	147.43	110.9	126.33
Interest Expense	-	-	-2.16	-2.66	-10.55	-19.22
Interest Income	11.5	11.5	6.4	8.96	8.79	7.55
Net Interest Expense	11.5	11.5	4.24	6.3	-1.76	-11.67
Other Non-Operating Income (Expenses)	18.03	15.98	-1.76	-1.65	-0.52	-0.86
EBT Excluding Unusual Items	271.75	267.27	189.75	152.07	108.62	113.81
Gain (Loss) on Sale of Investments	2.92	6.53	-	-	-	-
Gain (Loss) on Sale of Assets	-1.5	-1.31	0.01	0.07	3.4	-0.15
Asset Writedown	-12.97	-12.97	-0.06	-0.12	-7.16	-7.08
Other Unusual Items	-	-	0.82	-	-0.86	0.99
Pretax Income	260.21	259.52	190.52	152.02	103.99	107.56
Income Tax Expense	38.81	38.02	20.59	15.17	7.93	5.42
Earnings From Continuing Ops.	221.4	221.51	169.93	136.86	96.06	102.14
Minority Interest in Earnings	-10.93	-10.67	-13.08	-2.66	-	-
Net Income	210.47	210.84	156.85	134.2	96.06	102.14
Net Income to Common	210.47	210.84	156.85	134.2	96.06	102.14
Net Income Growth	26.86%	34.42%	16.88%	39.70%	-5.95%	37.76%
Shares Outstanding (Basic)	141	142	141	141	141	142
Shares Outstanding (Diluted)	141	142	141	141	141	142
Shares Change (YoY)	-0.42%	0.14%	0.03%	-0.01%	-0.42%	-0.51%
EPS (Basic)	1.49	1.49	1.11	0.95	0.68	0.72
EPS (Diluted)	1.49	1.49	1.11	0.95	0.68	0.72
EPS Growth	27.40%	34.23%	16.84%	39.71%	-5.56%	38.46%
Free Cash Flow	293.38	300.61	178.78	236.19	133.08	48.23
Free Cash Flow Per Share	2.08	2.12	1.26	1.67	0.94	0.34
Dividend Per Share	-	-	0.560	0.470	0.210	0.361
Dividend Growth	-	-	19.15%	123.81%	-41.83%	71.91%
Profit Margin	12.82%	12.94%	10.61%	12.30%	11.33%	11.35%
Free Cash Flow Margin	17.87%	18.45%	12.10%	21.65%	15.69%	5.36%
EBITDA	356.78	352.93	294.73	244.53	198.46	213.73
EBITDA Margin	21.73%	21.66%	19.94%	22.42%	23.40%	23.75%
D&A For EBITDA	114.56	113.14	107.46	97.1	87.56	87.39
EBIT	242.22	239.79	187.27	147.43	110.9	126.33
EBIT Margin	14.75%	14.72%	12.67%	13.52%	13.07%	14.04%
Effective Tax Rate	14.92%	14.65%	10.81%	9.98%	7.63%	5.04%
Revenue as Reported	-	-	1,478	1,091	848.24	899.81

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