Jinhong Gas Income Statement

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

Millions CNY. Fiscal year is Jan - Dec.

Fiscal Year	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	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	2,777	2,426	2,352	1,758	1,590
Other Revenue	-	98.78	75.55	209.48	151.17
Revenue	2,777	2,525	2,427	1,967	1,741
Revenue Growth (YoY)	9.95%	4.03%	23.40%	12.96%	40.05%
Cost of Revenue	1,952	1,734	1,529	1,272	1,230
Gross Profit	824.9	791.66	898	695.18	511.7
Selling, General & Admin	463.84	391.53	408.02	343.06	281.37
Research & Development	103.14	100.78	86.3	84.66	69.85
Other Operating Expenses	-0.11	8.72	7.31	13.99	7.84
Operating Expenses	566.88	500.7	505.18	444.86	360.39
Operating Income	258.02	290.96	392.82	250.32	151.31
Interest Expense	-	-41.12	-23.69	-14.96	-6.02
Interest & Investment Income	3.04	14.17	16.47	26.04	26.71
Currency Exchange Gain (Loss)	-	-1.62	-1.49	-3.94	9.76
Other Non Operating Income (Expenses)	-67.91	-4.03	-3.56	-2.66	-2.61
EBT Excluding Unusual Items	193.14	258.37	380.55	254.8	179.15
Impairment of Goodwill	-	-31.67	-5.01	-	-
Gain (Loss) on Sale of Investments	2.15	1.96	4.59	-2.2	14.72
Gain (Loss) on Sale of Assets	-6.94	25.45	2.14	4.46	8.47
Asset Writedown	-11.42	-18.58	-12.44	-8.06	-18.79
Other Unusual Items	-	30.64	31.05	30.86	16.51
Pretax Income	176.94	266.16	400.87	279.86	200.06
Income Tax Expense	26.98	56.36	72.73	39.22	33.35
Earnings From Continuing Operations	149.96	209.8	328.15	240.64	166.7
Minority Interest in Earnings	-18.03	-8.58	-13.14	-11.52	0.37
Net Income	131.92	201.23	315	229.12	167.07
Net Income to Common	131.92	201.23	315	229.12	167.07
Net Income Growth	-34.44%	-36.12%	37.48%	37.14%	-15.34%
Shares Outstanding (Basic)	471	479	485	487	491
Shares Outstanding (Diluted)	507	530	500	487	491
Shares Change (YoY)	-4.18%	5.91%	2.56%	-0.79%	17.04%
EPS (Basic)	0.28	0.42	0.65	0.47	0.34
EPS (Diluted)	0.26	0.38	0.63	0.47	0.34
EPS Growth	-31.58%	-39.68%	34.04%	38.23%	-27.66%
Free Cash Flow	-438.82	-490.15	-609.5	-364.11	-201
Free Cash Flow Per Share	-0.86	-0.93	-1.22	-0.75	-0.41
Dividend Per Share	-	0.250	0.350	0.250	0.250
Dividend Growth	-	-28.57%	40.00%	-	-
Gross Margin	29.71%	31.35%	36.99%	35.34%	29.39%
Operating Margin	9.29%	11.52%	16.18%	12.72%	8.69%
Profit Margin	4.75%	7.97%	12.98%	11.65%	9.59%
Free Cash Flow Margin	-15.80%	-19.41%	-25.11%	-18.51%	-11.54%
EBITDA	634.66	575.2	630.72	466	326.8
EBITDA Margin	22.86%	22.78%	25.98%	23.69%	18.77%
D&A For EBITDA	376.64	284.24	237.9	215.69	175.49
EBIT	258.02	290.96	392.82	250.32	151.31
EBIT Margin	9.29%	11.52%	16.18%	12.72%	8.69%
Effective Tax Rate	15.25%	21.18%	18.14%	14.01%	16.67%
Revenue as Reported	-	2,525	2,427	1,967	1,741
Advertising Expenses	-	3.67	8.76	2.72	3.16

Updated Dec 31, 2025. Source: S&P Global Market Intelligence. Standard template. Financial Sources.