Jinhong 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	2,693	2,652	2,426	2,352	1,758	1,590
Other Revenue	124.33	124.33	98.78	75.55	209.48	151.17
Revenue	2,817	2,777	2,525	2,427	1,967	1,741
Revenue Growth (YoY)	10.12%	9.95%	4.03%	23.40%	12.96%	40.05%
Cost of Revenue	2,004	1,972	1,734	1,529	1,272	1,230
Gross Profit	813.4	804.12	791.66	898	695.18	511.7
Selling, General & Admin	470.32	444.41	391.53	408.02	343.06	281.37
Research & Development	100.95	103.14	100.78	86.3	84.66	69.85
Other Operating Expenses	31.91	21.21	8.72	7.31	13.99	7.84
Operating Expenses	614.5	580.08	500.7	505.18	444.86	360.39
Operating Income	198.9	224.03	290.96	392.82	250.32	151.31
Interest Expense	-61.7	-61.7	-41.12	-23.69	-14.96	-6.02
Interest & Investment Income	9.04	9.04	14.17	16.47	26.04	26.71
Currency Exchange Gain (Loss)	-0.23	-0.23	-1.62	-1.49	-3.94	9.76
Other Non Operating Income (Expenses)	-16.92	-2.48	-4.03	-3.56	-2.66	-2.61
EBT Excluding Unusual Items	129.08	168.66	258.37	380.55	254.8	179.15
Impairment of Goodwill	-9.87	-9.87	-31.67	-5.01	-	-
Gain (Loss) on Sale of Investments	2.44	2.15	1.96	4.59	-2.2	14.72
Gain (Loss) on Sale of Assets	-10.17	-10.22	25.02	2.14	4.46	8.47
Asset Writedown	0.91	0.91	-18.58	-12.44	-8.06	-18.79
Other Unusual Items	25.31	25.31	31.07	31.05	30.86	16.51
Pretax Income	137.7	176.94	266.16	400.87	279.86	200.06
Income Tax Expense	28.43	26.98	56.36	72.73	39.22	33.35
Earnings From Continuing Operations	109.27	149.96	209.8	328.15	240.64	166.7
Minority Interest in Earnings	-16.48	-18.03	-8.58	-13.14	-11.52	0.37
Net Income	92.79	131.92	201.23	315	229.12	167.07
Net Income to Common	92.79	131.92	201.23	315	229.12	167.07
Net Income Growth	-45.01%	-34.44%	-36.12%	37.48%	37.14%	-15.34%
Shares Outstanding (Basic)	471	471	479	485	487	491
Shares Outstanding (Diluted)	492	507	530	500	487	491
Shares Change (YoY)	-8.89%	-4.18%	5.91%	2.56%	-0.79%	17.04%
EPS (Basic)	0.20	0.28	0.42	0.65	0.47	0.34
EPS (Diluted)	0.19	0.26	0.38	0.63	0.47	0.34
EPS Growth	-39.65%	-31.58%	-39.68%	34.04%	38.23%	-27.66%
Free Cash Flow	-488	-438.82	-490.15	-609.5	-364.11	-201
Free Cash Flow Per Share	-0.99	-0.86	-0.93	-1.22	-0.75	-0.41
Dividend Per Share	0.250	0.250	0.250	0.350	0.250	0.250
Dividend Growth	-	-	-28.57%	40.00%	-	-
Gross Margin	28.87%	28.96%	31.35%	36.99%	35.34%	29.39%
Operating Margin	7.06%	8.07%	11.52%	16.18%	12.72%	8.69%
Profit Margin	3.29%	4.75%	7.97%	12.98%	11.65%	9.59%
Free Cash Flow Margin	-17.32%	-15.80%	-19.41%	-25.11%	-18.51%	-11.54%
EBITDA	597.03	599.74	576.94	630.72	466	326.8
EBITDA Margin	21.19%	21.60%	22.85%	25.98%	23.69%	18.77%
D&A For EBITDA	398.14	375.71	285.98	237.9	215.69	175.49
EBIT	198.9	224.03	290.96	392.82	250.32	151.31
EBIT Margin	7.06%	8.07%	11.52%	16.18%	12.72%	8.69%
Effective Tax Rate	20.64%	15.25%	21.18%	18.14%	14.01%	16.67%
Revenue as Reported	2,777	2,777	2,525	2,427	1,967	1,741
Advertising Expenses	-	4.07	3.67	8.76	2.72	3.16

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