Jinhong 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	2,600	2,426	2,352	1,758	1,590	1,071
Other Revenue	98.78	98.78	75.55	209.48	151.17	171.93
Revenue	2,699	2,525	2,427	1,967	1,741	1,243
Revenue Growth (YoY)	7.72%	4.03%	23.40%	12.96%	40.05%	7.13%
Cost of Revenue	1,913	1,734	1,529	1,272	1,230	797.54
Gross Profit	785.36	791.66	898	695.18	511.7	445.8
Selling, General & Admin	406.67	391.53	408.02	343.06	281.37	181.71
Research & Development	113.19	100.78	86.3	84.66	69.85	46.41
Other Operating Expenses	27.31	8.72	7.31	13.99	7.84	7.81
Operating Expenses	554.84	500.7	505.18	444.86	360.39	237.09
Operating Income	230.52	290.96	392.82	250.32	151.31	208.71
Interest Expense	-55.33	-41.12	-23.69	-14.96	-6.02	-9.33
Interest & Investment Income	11.89	14.17	16.47	26.04	26.71	12.99
Currency Exchange Gain (Loss)	-1.62	-1.62	-1.49	-3.94	9.76	-3.19
Other Non Operating Income (Expenses)	-6.28	-4.03	-3.56	-2.66	-2.61	-0.81
EBT Excluding Unusual Items	179.18	258.37	380.55	254.8	179.15	208.37
Impairment of Goodwill	-31.67	-31.67	-5.01	-	-	-
Gain (Loss) on Sale of Investments	1.65	1.96	4.59	-2.2	14.72	12.34
Gain (Loss) on Sale of Assets	-6.11	25.45	2.14	4.46	8.47	0.28
Asset Writedown	-18.58	-18.58	-12.44	-8.06	-18.79	-
Other Unusual Items	35.38	30.64	31.05	30.86	16.51	18.6
Pretax Income	159.84	266.16	400.87	279.86	200.06	239.6
Income Tax Expense	43.52	56.36	72.73	39.22	33.35	37.46
Earnings From Continuing Operations	116.32	209.8	328.15	240.64	166.7	202.14
Minority Interest in Earnings	-9.59	-8.58	-13.14	-11.52	0.37	-4.81
Net Income	106.73	201.23	315	229.12	167.07	197.33
Net Income to Common	106.73	201.23	315	229.12	167.07	197.33
Net Income Growth	-59.96%	-36.12%	37.48%	37.14%	-15.34%	11.43%
Shares Outstanding (Basic)	483	479	485	487	491	420
Shares Outstanding (Diluted)	532	530	500	487	491	420
Shares Change (YoY)	4.41%	5.91%	2.56%	-0.79%	17.04%	16.18%
EPS (Basic)	0.22	0.42	0.65	0.47	0.34	0.47
EPS (Diluted)	0.20	0.38	0.63	0.47	0.34	0.47
EPS Growth	-61.65%	-39.68%	34.04%	38.23%	-27.66%	-4.08%
Free Cash Flow	-486.72	-490.15	-609.5	-364.11	-201	120.56
Free Cash Flow Per Share	-0.92	-0.93	-1.22	-0.75	-0.41	0.29
Dividend Per Share	0.100	0.250	0.350	0.250	0.250	0.250
Dividend Growth	-80.00%	-28.57%	40.00%	-	-	4.17%
Gross Margin	29.10%	31.35%	36.99%	35.34%	29.39%	35.85%
Operating Margin	8.54%	11.52%	16.18%	12.72%	8.69%	16.79%
Profit Margin	3.96%	7.97%	12.98%	11.65%	9.59%	15.87%
Free Cash Flow Margin	-18.04%	-19.41%	-25.11%	-18.51%	-11.54%	9.70%
EBITDA	549.52	575.2	630.72	466	326.8	344.92
EBITDA Margin	20.36%	22.78%	25.98%	23.69%	18.77%	27.74%
D&A For EBITDA	318.99	284.24	237.9	215.69	175.49	136.2
EBIT	230.52	290.96	392.82	250.32	151.31	208.71
EBIT Margin	8.54%	11.52%	16.18%	12.72%	8.69%	16.79%
Effective Tax Rate	27.23%	21.18%	18.14%	14.01%	16.67%	15.63%
Revenue as Reported	2,699	2,525	2,427	1,967	1,741	1,243
Advertising Expenses	-	3.67	8.76	2.72	3.16	6.89

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