PetroChina Company 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	2015 - 2019
Period Ending	Mar '25 Mar 31, 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	2015 - 2019
Operating Revenue	2,810,797	2,870,490	2,939,938	3,174,708	2,551,738	1,875,016	Upgrade
Other Revenue	67,491	67,491	72,874	64,459	62,611	58,820	Upgrade
Revenue	2,878,288	2,937,981	3,012,812	3,239,167	2,614,349	1,933,836	Upgrade
Revenue Growth (YoY)	-6.95%	-2.48%	-6.99%	23.90%	35.19%	-23.16%	Upgrade
Cost of Revenue	1,884,567	1,938,093	1,972,238	2,213,080	1,770,019	1,267,797	Upgrade
Gross Profit	993,721	999,888	1,040,574	1,026,087	844,330	666,039	Upgrade
Selling, General & Admin	237,399	239,006	238,459	222,602	212,637	211,949	Upgrade
Other Operating Expenses	245,711	252,855	286,106	300,989	217,976	187,760	Upgrade
Operating Expenses	745,036	751,730	791,137	781,056	679,122	631,458	Upgrade
Operating Income	248,685	248,158	249,437	245,031	165,208	34,581	Upgrade
Interest Expense	-19,739	-20,731	-24,063	-21,554	-19,739	-26,528	Upgrade
Interest & Investment Income	8,724	8,799	8,288	4,738	3,001	3,048	Upgrade
Earnings From Equity Investments	18,180	18,644	18,538	15,251	13,267	3,533	Upgrade
Currency Exchange Gain (Loss)	518	842	-744	-1,818	538	108	Upgrade
EBT Excluding Unusual Items	256,368	255,712	251,456	241,648	162,275	14,742	Upgrade
Gain (Loss) on Sale of Investments	-41	-41	-36	-	-	-	Upgrade
Gain (Loss) on Sale of Assets	-9,961	-9,961	-11,591	-20,726	-15,384	-4,156	Upgrade
Asset Writedown	-4,202	-4,202	-1,948	-7,645	-7,008	-1,459	Upgrade
Other Unusual Items	-	-	-	-	18,320	46,946	Upgrade
Pretax Income	242,164	241,508	237,881	213,277	158,203	56,073	Upgrade
Income Tax Expense	57,890	57,753	57,318	49,929	43,507	22,588	Upgrade
Earnings From Continuing Operations	184,274	183,755	180,563	163,348	114,696	33,485	Upgrade
Minority Interest in Earnings	-18,549	-19,071	-19,147	-14,605	-22,526	-14,479	Upgrade
Net Income	165,725	164,684	161,416	148,743	92,170	19,006	Upgrade
Net Income to Common	165,725	164,684	161,416	148,743	92,170	19,006	Upgrade
Net Income Growth	1.32%	2.02%	8.52%	61.38%	384.95%	-58.39%	Upgrade
Shares Outstanding (Basic)	182,262	183,021	183,021	183,021	183,021	183,021	Upgrade
Shares Outstanding (Diluted)	182,262	183,021	183,021	183,021	183,021	183,021	Upgrade
EPS (Basic)	0.91	0.90	0.88	0.81	0.50	0.10	Upgrade
EPS (Diluted)	0.91	0.90	0.88	0.81	0.50	0.10	Upgrade
EPS Growth	2.15%	2.25%	8.64%	62.00%	400.00%	-59.94%	Upgrade
Free Cash Flow	128,476	104,352	175,971	150,055	79,852	70,199	Upgrade
Free Cash Flow Per Share	0.70	0.57	0.96	0.82	0.44	0.38	Upgrade
Dividend Per Share	0.470	0.470	0.440	0.423	0.227	0.175	Upgrade
Dividend Growth	6.82%	6.82%	4.12%	86.47%	29.62%	55.68%	Upgrade
Gross Margin	34.52%	34.03%	34.54%	31.68%	32.30%	34.44%	Upgrade
Operating Margin	8.64%	8.45%	8.28%	7.56%	6.32%	1.79%	Upgrade
Profit Margin	5.76%	5.61%	5.36%	4.59%	3.53%	0.98%	Upgrade
Free Cash Flow Margin	4.46%	3.55%	5.84%	4.63%	3.05%	3.63%	Upgrade
EBITDA	479,991	478,296	489,632	474,809	387,638	242,015	Upgrade
EBITDA Margin	16.68%	16.28%	16.25%	14.66%	14.83%	12.52%	Upgrade
D&A For EBITDA	231,306	230,138	240,195	229,778	222,430	207,434	Upgrade
EBIT	248,685	248,158	249,437	245,031	165,208	34,581	Upgrade
EBIT Margin	8.64%	8.45%	8.28%	7.56%	6.32%	1.79%	Upgrade
Effective Tax Rate	23.91%	23.91%	24.09%	23.41%	27.50%	40.28%	Upgrade

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