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	Jun '26 Jun 30, 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	2,812	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	2,936	2,777	2,525	2,427	1,967	1,741
Revenue Growth	12.60%	9.95%	4.03%	23.40%	12.96%	40.05%
Cost of Revenue	2,124	1,972	1,734	1,529	1,272	1,230
Gross Profit	811.41	804.12	791.66	898	695.18	511.7
Selling, General & Admin	491.44	444.41	391.53	408.02	343.06	281.37
Research & Development	100.64	103.14	100.78	86.3	84.66	69.85
Other Operating Expenses	19.48	21.21	8.72	7.31	13.99	7.84
Operating Expenses	622.88	580.08	500.7	505.18	444.86	360.39
Operating Income	188.53	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	8.17	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)	-23.7	-2.48	-4.03	-3.56	-2.66	-2.61
EBT Excluding Unusual Items	111.06	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	2.05	2.15	1.96	4.59	-2.2	14.72
Gain (Loss) on Sale of Assets	33	-10.22	25.02	2.14	4.46	8.47
Asset Writedown	0.05	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	161.59	176.94	266.16	400.87	279.86	200.06
Income Tax Expense	31.88	26.98	56.36	72.73	39.22	33.35
Earnings From Continuing Operations	129.71	149.96	209.8	328.15	240.64	166.7
Minority Interest in Earnings	-12.09	-18.03	-8.58	-13.14	-11.52	0.37
Net Income	117.62	131.92	201.23	315	229.12	167.07
Net Income to Common	117.62	131.92	201.23	315	229.12	167.07
Net Income Growth	-4.65%	-34.44%	-36.12%	37.48%	37.14%	-15.34%
Shares Outstanding (Basic)	491	471	479	485	487	491
Shares Outstanding (Diluted)	512	507	530	500	487	491
Shares Change	-4.60%	-4.18%	5.91%	2.56%	-0.79%	17.04%
EPS (Basic)	0.24	0.28	0.42	0.65	0.47	0.34
EPS (Diluted)	0.23	0.26	0.38	0.63	0.47	0.34
EPS Growth	-0.06%	-31.58%	-39.68%	34.04%	38.23%	-27.66%

Additional Metrics

Fiscal Year	TTM	FY 2025	FY 2024	FY 2023	FY 2022	FY 2021
Period Ending	Jun '26 Jun 30, 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
Free Cash Flow	-355.82	-438.82	-490.15	-609.5	-364.11	-201
Free Cash Flow Per Share	-0.69	-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	150.00%	0%	-28.57%	40.00%	0%	0%
Gross Margin	27.64%	28.96%	31.35%	36.99%	35.34%	29.39%
Operating Margin	6.42%	8.07%	11.52%	16.18%	12.72%	8.69%
Profit Margin	4.01%	4.75%	7.97%	12.98%	11.65%	9.59%
Free Cash Flow Margin	-12.12%	-15.80%	-19.41%	-25.11%	-18.51%	-11.54%
EBITDA	599.26	599.74	576.94	630.72	466	326.8
EBITDA Margin	20.41%	21.60%	22.85%	25.98%	23.69%	18.77%
D&A For EBITDA	410.73	375.71	285.98	237.9	215.69	175.49
EBIT	188.53	224.03	290.96	392.82	250.32	151.31
EBIT Margin	6.42%	8.07%	11.52%	16.18%	12.72%	8.69%
Effective Tax Rate	19.73%	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