Shuifa Energas Gas 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	2,505	2,574	3,232	3,420	2,602	1,131
Other Revenue	16.01	16.01	31.34	44.61	6.13	2.21
Revenue	2,521	2,590	3,263	3,465	2,608	1,133
Revenue Growth (YoY)	-9.01%	-20.63%	-5.82%	32.86%	130.15%	250.15%
Cost of Revenue	2,137	2,139	2,764	2,943	2,334	1,009
Gross Profit	384.57	451.21	499.5	522.21	273.62	124.02
Selling, General & Admin	138.88	148.8	150.18	155.76	82.19	69.57
Research & Development	19.21	14.54	14.63	15.89	12.79	11.14
Other Operating Expenses	6.15	6.65	5.98	10.67	9.71	4.47
Operating Expenses	185.26	194.57	198.98	221.4	106.92	43.39
Operating Income	199.32	256.64	300.52	300.81	166.7	80.63
Interest Expense	-83.55	-86.8	-90.47	-100.68	-63.45	-33.88
Interest & Investment Income	108.62	100.19	32.49	27.73	19.65	2.83
Currency Exchange Gain (Loss)	1.18	1.18	4.62	3.39	-3.3	-4.4
Other Non Operating Income (Expenses)	-19.83	-18.6	-2.86	0.51	-1.47	2.7
EBT Excluding Unusual Items	205.74	252.61	244.3	231.76	118.13	47.88
Impairment of Goodwill	-21.71	-21.71	-7.97	-3.73	-	-4.63
Gain (Loss) on Sale of Investments	1.11	-	-	-	-0.11	-0.72
Gain (Loss) on Sale of Assets	-2.07	-1.92	-0.45	0.08	-0.65	-0.06
Asset Writedown	-26.06	-	-17.56	-	-	-
Legal Settlements	-	-	-	-9.74	-	-
Other Unusual Items	-54	-1.97	0.33	4.45	3.17	3.68
Pretax Income	102.99	227.01	218.66	222.83	120.53	46.15
Income Tax Expense	52.78	60.76	67.03	78.18	44.08	14.84
Earnings From Continuing Operations	50.22	166.25	151.63	144.65	76.45	31.31
Minority Interest in Earnings	-56.94	-63.61	-71.09	-91.13	-35.23	-7.39
Net Income	-6.72	102.65	80.53	53.51	41.22	23.92
Net Income to Common	-6.72	102.65	80.53	53.51	41.22	23.92
Net Income Growth	-	27.46%	50.50%	29.83%	72.30%	-
Shares Outstanding (Basic)	465	467	474	382	375	399
Shares Outstanding (Diluted)	465	467	474	382	375	399
Shares Change (YoY)	-3.58%	-1.51%	23.94%	2.01%	-6.02%	-0.41%
EPS (Basic)	-0.01	0.22	0.17	0.14	0.11	0.06
EPS (Diluted)	-0.01	0.22	0.17	0.14	0.11	0.06
EPS Growth	-	29.41%	21.43%	27.27%	83.33%	-
Free Cash Flow	51.77	212.78	120.99	248	140.66	156.84
Free Cash Flow Per Share	0.11	0.46	0.26	0.65	0.38	0.39
Dividend Per Share	0.068	0.068	0.059	0.030	0.025	0.020
Dividend Growth	15.25%	15.25%	96.67%	20.00%	25.00%	-
Gross Margin	15.25%	17.42%	15.31%	15.07%	10.49%	10.95%
Operating Margin	7.91%	9.91%	9.21%	8.68%	6.39%	7.12%
Profit Margin	-0.27%	3.96%	2.47%	1.54%	1.58%	2.11%
Free Cash Flow Margin	2.05%	8.21%	3.71%	7.16%	5.39%	13.84%
EBITDA	314.86	367	403.95	395.04	222.69	124.89
EBITDA Margin	12.49%	14.17%	12.38%	11.40%	8.54%	11.02%
D&A For EBITDA	115.55	110.36	103.43	94.22	55.99	44.26
EBIT	199.32	256.64	300.52	300.81	166.7	80.63
EBIT Margin	7.91%	9.91%	9.21%	8.68%	6.39%	7.12%
Effective Tax Rate	51.24%	26.76%	30.66%	35.09%	36.58%	32.15%
Revenue as Reported	2,521	2,590	3,263	3,465	2,608	1,133
Advertising Expenses	-	0.16	0.51	0.12	0.51	0.2

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