SHENZHEN GAS CORP LTD

SHENZHEN GAS CORP LTD — Financial Statements

Annual Quarterly

5 10 All

Income Statement

Balance Sheet

Cash Flow

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
+Revenue	28.3B	30.9B	30.1B	21.4B	15.0B	14.0B	12.7B	11.1B	8.5B	8.0B	9.5B	8.6B	9.0B	8.1B	6.6B	3.9B	4.5B	5.7B	6.6B	6.7B
Revenue Growth %	-8.3%	2.9%	40.4%	42.6%	7.1%	10.1%	15.2%	30.0%	6.8%	-16.4%	11.1%	-4.4%	10.6%	23.7%	69.7%	-14.4%	-20.5%	-14.3%	-0.6%	--
Total Revenue	28.3B	30.9B	30.1B	21.4B	15.0B	14.0B	12.7B	11.1B	8.5B	8.0B	9.5B	8.6B	9.0B	8.1B	6.6B	3.9B	4.5B	5.7B	6.6B	6.7B
Cost Of Revenue	23.5B	26.1B	25.7B	17.2B	11.1B	11.0B	10.1B	8.6B	6.3B	6.1B	7.7B	6.9B	7.5B	6.8B	5.5B	2.8B	3.7B	4.9B	5.9B	6.0B
+Gross Profit	4.9B	4.8B	4.4B	4.2B	3.9B	3.0B	2.7B	2.4B	2.2B	1.9B	1.8B	1.7B	1.5B	1.3B	1.1B	1.0B	855.0M	793.0M	687.0M	648.0M
Gross Margin %	17.2%	15.5%	14.6%	19.8%	25.8%	21.5%	21.0%	21.9%	25.5%	23.5%	19.3%	20.1%	16.8%	15.8%	16.2%	26.8%	18.9%	14.0%	10.4%	9.7%
Total Operating Cost	26.8B	29.4B	28.7B	19.7B	13.6B	12.9B	11.6B	10.0B	7.6B	7.3B	8.8B	7.9B	8.4B	7.7B	6.3B	3.6B	4.3B	5.5B	6.4B	6.5B
Selling Expenses	1.6B	1.6B	1.5B	1.5B	1.5B	1.1B	957.0M	873.0M	961.0M	878.0M	770.0M	724.0M	709.0M	660.0M	618.0M	587.0M	504.0M	463.0M	374.0M	340.0M
Admin Expenses	373.0M	391.0M	310.0M	274.0M	258.0M	219.0M	173.0M	165.0M	145.0M	113.0M	146.0M	154.0M	136.0M	120.0M	118.0M	102.0M	96.6M	99.4M	95.8M	104.0M
Rd Expenses	719.0M	732.0M	611.0M	382.0M	242.0M	232.0M	219.0M	196.0M	--	--	--	--	--	--	--	--	--	--	--	--
Finance Expenses	299.0M	347.0M	404.0M	170.0M	192.0M	181.0M	161.0M	105.0M	138.0M	131.0M	75.5M	83.6M	82.6M	73.2M	34.4M	54.0M	30.4M	6.5M	14.1M	17.6M
+Operating Income	1.8B	1.9B	1.6B	1.8B	1.7B	1.3B	1.3B	1.2B	998.0M	829.0M	912.0M	804.0M	668.0M	507.0M	393.0M	328.0M	244.0M	210.0M	177.0M	152.0M
Operating Margin %	6.4%	6.1%	5.4%	8.6%	11.1%	9.5%	10.0%	10.4%	11.7%	10.4%	9.6%	9.4%	7.4%	6.2%	6.0%	8.5%	5.4%	3.7%	2.7%	2.3%
Non Operating Income	29.5M	15.2M	54.8M	29.6M	30.4M	13.6M	9.3M	29.3M	33.2M	38.0M	26.4M	139.0M	30.1M	14.1M	9.8M	8.2M	12.0M	24.7M	7.5M	5.3M
Non Operating Expenses	17.3M	23.9M	29.5M	42.7M	8.8M	17.7M	13.4M	10.7M	13.0M	4.9M	9.5M	6.5M	6.3M	5.8M	4.4M	3.5M	1.8M	3.3M	2.5M	3.7M
Investment Income	145.0M	212.0M	225.0M	122.0M	159.0M	137.0M	125.0M	118.0M	133.0M	151.0M	135.0M	102.0M	129.0M	111.0M	119.0M	55.8M	29.8M	-1.6M	-5.9M	-25.8M
Fair Value Change Income	--	--	--	--	2.1M	290,300	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Asset Disposal Income	-13.2M	-770,700	-775,000	3.9M	54.8M	-600,100	19.6M	1.6M	155,400	--	--	--	--	--	--	--	--	--	--	--
Asset Impairment Loss	173.0M	53.8M	167.0M	113.0M	82.1M	45.9M	-556,900	10.4M	1.5M	10.2M	15.2M	3.6M	1.6M	1.7M	627,700	5.0M	-9,800	2.2M	8.0M	1.1M
Other Income	120.0M	161.0M	79.6M	55.5M	49.3M	31.8M	26.9M	14.8M	--	--	--	--	--	--	--	--	--	--	--	--
Income Before Tax	1.8B	1.9B	1.7B	1.8B	1.7B	1.3B	1.3B	1.2B	1.0B	862.0M	929.0M	936.0M	692.0M	515.0M	398.0M	333.0M	254.0M	232.0M	182.0M	154.0M
Income Tax	294.0M	240.0M	251.0M	294.0M	302.0M	215.0M	195.0M	255.0M	230.0M	229.0M	197.0M	210.0M	148.0M	93.2M	63.6M	41.5M	33.9M	33.3M	19.5M	22.2M
+Net Income	1.5B	1.6B	1.4B	1.5B	1.4B	1.1B	1.1B	914.0M	789.0M	634.0M	732.0M	727.0M	544.0M	422.0M	335.0M	292.0M	220.0M	199.0M	163.0M	132.0M
Net Margin %	5.4%	5.3%	4.7%	7.2%	9.2%	7.9%	8.4%	8.3%	9.3%	8.0%	7.7%	8.5%	6.1%	5.2%	5.1%	7.6%	4.9%	3.5%	2.5%	2.0%
Net Income Attributable	1.5B	1.4B	1.2B	1.4B	1.3B	1.1B	1.0B	887.0M	772.0M	660.0M	721.0M	707.0M	528.0M	405.0M	320.0M	269.0M	190.0M	156.0M	112.0M	88.4M
Minority Interest	80.6M	202.0M	184.0M	186.0M	60.6M	51.4M	43.8M	27.1M	16.7M	-26.1M	11.1M	19.6M	15.6M	16.6M	14.9M	22.3M	30.8M	42.1M	50.6M	43.5M
Eps Basic	0.51	0.50	0.42	0.47	0.46	0.37	0.36	0.31	0.35	0.31	0.36	0.36	0.27	0.22	0.26	0.24	0.17	0.14	0.00	--
Eps Diluted	0.45	0.47	0.42	0.47	0.46	0.37	0.36	0.31	0.35	0.31	0.33	0.35	0.27	--	--	--	0.17	--	--	--

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash And Equivalents	5.7B	5.8B	3.3B	3.2B	3.9B	3.0B	3.0B	2.7B	3.2B	3.1B	2.1B	3.0B	1.8B	2.9B	2.0B	1.8B	1.1B	332.0M	606.0M	589.0M
Trading Financial Assets	--	--	10.0M	42.0M	90.2M	417.0M	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Accounts Receivable	4.0B	2.8B	2.3B	2.8B	782.0M	670.0M	439.0M	388.0M	392.0M	321.0M	287.0M	306.0M	266.0M	315.0M	314.0M	205.0M	180.0M	183.0M	192.0M	172.0M
Notes Receivable	444.0M	818.0M	1.2B	601.0M	39.8M	40.8M	37.7M	33.8M	21.6M	6.8M	41.1M	23.4M	94.4M	44.8M	93.0M	67.3M	80.9M	83.1M	176.0M	72.6M
Notes And Accounts Receivable	4.4B	3.6B	3.6B	3.4B	822.0M	711.0M	476.0M	422.0M	413.0M	328.0M	328.0M	329.0M	360.0M	359.0M	407.0M	273.0M	261.0M	266.0M	369.0M	245.0M
Prepayments	964.0M	896.0M	672.0M	573.0M	378.0M	185.0M	244.0M	236.0M	183.0M	178.0M	89.3M	101.0M	163.0M	185.0M	204.0M	161.0M	53.1M	92.0M	40.0M	28.7M
Inventory	1.1B	1.9B	2.3B	1.4B	355.0M	466.0M	519.0M	458.0M	369.0M	235.0M	432.0M	307.0M	419.0M	304.0M	470.0M	435.0M	347.0M	426.0M	312.0M	460.0M
Total Current Assets	13.1B	13.6B	10.7B	9.2B	6.0B	5.1B	4.6B	4.6B	4.3B	4.2B	3.7B	3.9B	2.9B	3.9B	3.2B	2.8B	1.8B	1.2B	1.4B	1.4B
Long Term Equity Investment	339.0M	373.0M	370.0M	324.0M	304.0M	313.0M	312.0M	315.0M	295.0M	92.2M	69.8M	73.8M	293.0M	272.0M	280.0M	269.0M	247.0M	243.0M	240.0M	223.0M
Fixed Assets	--	16.7B	14.7B	13.7B	12.4B	11.7B	8.8B	7.9B	7.6B	6.1B	5.6B	4.8B	3.3B	2.4B	2.1B	2.0B	1.9B	1.7B	1.2B	1.0B
Fixed Assets Total	18.2B	16.7B	14.7B	13.7B	12.4B	11.7B	8.8B	7.9B	7.6B	6.1B	5.6B	4.8B	3.3B	2.4B	2.1B	2.0B	1.9B	1.7B	1.2B	1.0B
Construction In Progress	--	4.7B	3.8B	2.6B	1.8B	1.7B	3.8B	4.1B	3.3B	3.3B	2.5B	2.2B	2.4B	2.0B	1.1B	389.0M	253.0M	216.0M	444.0M	284.0M
Construction In Progress Total	5.0B	4.8B	3.8B	2.6B	1.8B	1.7B	3.9B	4.1B	3.4B	3.4B	2.6B	2.3B	2.5B	2.0B	1.1B	413.0M	276.0M	225.0M	451.0M	285.0M
Intangible Assets	2.1B	2.5B	2.3B	2.4B	1.3B	1.2B	900.0M	773.0M	622.0M	610.0M	432.0M	340.0M	302.0M	291.0M	302.0M	292.0M	272.0M	248.0M	89.0M	88.8M
Long Term Deferred Expenses	1.0B	759.0M	461.0M	352.0M	209.0M	188.0M	180.0M	176.0M	172.0M	179.0M	172.0M	150.0M	136.0M	103.0M	97.7M	86.9M	71.5M	70.0M	63.7M	57.3M
Total Non Current Assets	32.1B	30.7B	27.5B	24.9B	19.5B	18.1B	15.1B	14.2B	12.9B	11.1B	9.6B	8.2B	6.8B	5.3B	4.0B	3.2B	2.9B	2.6B	2.2B	1.8B
Total Assets	45.2B	44.3B	38.2B	34.1B	25.5B	23.2B	19.7B	18.8B	17.2B	15.3B	13.3B	12.1B	9.7B	9.3B	7.3B	6.0B	4.8B	3.8B	3.6B	3.3B
Short Term Borrowings	5.1B	3.0B	4.1B	2.0B	1.2B	2.4B	1.4B	4.0B	1.0B	2.2B	2.7B	2.1B	2.1B	2.6B	2.8B	1.7B	1.7B	953.0M	590.0M	435.0M
Accounts Payable	4.4B	4.6B	4.6B	3.9B	2.3B	2.1B	1.8B	1.7B	1.5B	997.0M	1.0B	865.0M	478.0M	583.0M	651.0M	488.0M	378.0M	263.0M	489.0M	677.0M
Advance Receipts	--	--	--	--	--	1.6B	1.2B	1.0B	876.0M	467.0M	456.0M	441.0M	444.0M	308.0M	303.0M	254.0M	165.0M	61.0M	68.7M	45.2M
Contract Liabilities	2.4B	2.7B	2.2B	2.0B	2.0B	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Current Liabilities	19.8B	21.4B	21.2B	16.4B	10.2B	8.5B	6.1B	8.2B	7.4B	7.1B	5.5B	4.9B	4.8B	5.0B	4.4B	3.2B	2.9B	2.0B	1.8B	1.8B
Long Term Borrowings	2.2B	1.8B	679.0M	272.0M	142.0M	47.7M	200.0M	--	--	--	--	132.0M	--	126.0M	--	16.5M	98.0M	129.0M	256.0M	220.0M
Total Non Current Liabilities	7.0B	5.6B	1.6B	3.6B	2.9B	3.1B	3.9B	1.8B	1.8B	700.0M	2.0B	1.9B	400.0M	126.0M	--	16.5M	98.0M	129.0M	256.0M	220.0M
Total Liabilities	26.9B	27.0B	22.8B	20.0B	13.1B	11.7B	10.0B	10.0B	9.2B	7.8B	7.5B	6.8B	5.2B	5.1B	4.4B	3.2B	3.0B	2.2B	2.0B	2.0B
Paid In Capital	2.9B	2.9B	2.9B	2.9B	2.9B	2.9B	2.9B	2.2B	2.2B	2.2B	2.0B	2.0B	2.0B	1.3B	1.2B	1.2B	1.1B	1.1B	772.0M	472.0M
Capital Reserve	2.0B	1.9B	1.9B	1.9B	2.0B	2.0B	2.0B	2.7B	2.6B	2.5B	965.0M	964.0M	971.0M	1.6B	768.0M	774.0M	38.2M	38.2M	78.3M	78.3M
Surplus Reserve	1.1B	947.0M	916.0M	865.0M	744.0M	666.0M	586.0M	498.0M	433.0M	372.0M	308.0M	247.0M	183.0M	139.0M	103.0M	69.8M	42.3M	6.9M	288.0M	309.0M
Retained Earnings	8.3B	7.4B	6.4B	5.7B	5.0B	4.3B	3.8B	3.2B	2.6B	2.1B	1.8B	1.4B	1.1B	740.0M	530.0M	367.0M	215.0M	162.0M	112.0M	122.0M
Minority Equity	2.8B	2.7B	2.2B	1.7B	633.0M	546.0M	480.0M	375.0M	347.0M	322.0M	337.0M	277.0M	292.0M	292.0M	239.0M	375.0M	365.0M	381.0M	350.0M	302.0M
Equity Attributable	15.6B	14.5B	13.1B	12.4B	11.8B	11.0B	9.2B	8.4B	7.7B	7.1B	5.4B	5.0B	4.2B	3.8B	2.6B	2.4B	1.4B	1.3B	1.2B	982.0M
Total Equity	18.4B	17.3B	15.4B	14.1B	12.5B	11.6B	9.7B	8.8B	8.1B	7.5B	5.8B	5.3B	4.5B	4.1B	2.9B	2.8B	1.8B	1.7B	1.6B	1.3B

Line Item	FY 2024Dec 31, 2024	FY 2023Dec 31, 2023	FY 2022Dec 31, 2022	FY 2021Dec 31, 2021	FY 2020Dec 31, 2020	FY 2019Dec 31, 2019	FY 2018Dec 31, 2018	FY 2017Dec 31, 2017	FY 2016Dec 31, 2016	FY 2015Dec 31, 2015	FY 2014Dec 31, 2014	FY 2013Dec 31, 2013	FY 2012Dec 31, 2012	FY 2011Dec 31, 2011	FY 2010Dec 31, 2010	FY 2009Dec 31, 2009	FY 2008Dec 31, 2008	FY 2007Dec 31, 2007	FY 2006Dec 31, 2006	FY 2005Dec 31, 2005
Cash From Sales	30.3B	31.8B	28.4B	23.4B	16.9B	15.6B	14.2B	12.4B	9.7B	9.1B	10.7B	9.8B	10.3B	9.3B	7.2B	4.4B	5.2B	6.6B	7.6B	7.6B
Tax Refunds Received	70.9M	32.1M	81.6M	10.6M	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--	--
Total Operating Cash Inflow	30.6B	32.0B	28.7B	23.5B	17.1B	15.7B	14.3B	12.5B	9.8B	9.9B	11.0B	10.0B	10.5B	9.4B	7.3B	4.5B	5.4B	6.8B	7.7B	7.7B
Cash Paid For Goods	23.0B	25.3B	23.5B	19.2B	11.4B	11.1B	10.5B	9.4B	6.6B	6.8B	8.3B	7.2B	8.5B	7.6B	6.0B	3.2B	4.0B	6.1B	6.9B	6.7B
Cash Paid To Employees	2.4B	2.1B	2.0B	1.8B	1.5B	1.1B	982.0M	832.0M	746.0M	829.0M	691.0M	659.0M	600.0M	518.0M	442.0M	388.0M	323.0M	288.0M	252.0M	211.0M
Taxes Paid	747.0M	1.0B	908.0M	604.0M	624.0M	635.0M	509.0M	521.0M	537.0M	445.0M	484.0M	445.0M	329.0M	312.0M	183.0M	175.0M	117.0M	113.0M	71.9M	125.0M
Total Operating Cash Outflow	26.9B	29.5B	27.0B	22.1B	14.1B	13.3B	12.5B	11.1B	8.2B	8.4B	9.9B	8.7B	9.9B	8.7B	7.0B	4.0B	4.8B	6.8B	7.5B	7.2B
Operating Cash Flow	3.7B	2.5B	1.6B	1.3B	3.0B	2.4B	1.9B	1.4B	1.5B	1.6B	1.1B	1.3B	617.0M	695.0M	388.0M	502.0M	630.0M	-49.8M	184.0M	467.0M
Total Investing Cash Inflow	553.0M	237.0M	534.0M	465.0M	1.5B	1.2B	2.1B	1.9B	1.9B	3.2B	4.8B	849.0M	958.0M	1.8B	450.0M	483.0M	334.0M	15.6M	47.2M	6.8M
Total Investing Cash Outflow	3.7B	4.3B	3.4B	4.5B	2.3B	3.4B	2.9B	4.1B	2.9B	4.1B	7.2B	1.6B	2.0B	2.6B	2.3B	906.0M	997.0M	464.0M	507.0M	487.0M
Investing Cash Flow	-3.1B	-4.1B	-2.9B	-4.0B	-810.0M	-2.2B	-720.0M	-2.2B	-958.0M	-927.0M	-2.5B	-702.0M	-1.0B	-810.0M	-1.8B	-424.0M	-662.0M	-449.0M	-460.0M	-480.0M
Cash From Borrowings	4.6B	5.5B	4.8B	3.0B	914.0M	3.7B	4.0B	5.5B	2.1B	4.9B	4.2B	3.5B	4.8B	6.0B	6.1B	3.1B	4.1B	4.4B	5.0B	5.1B
Dividends And Interest Paid	771.0M	866.0M	848.0M	911.0M	759.0M	655.0M	494.0M	468.0M	353.0M	469.0M	438.0M	499.0M	355.0M	296.0M	240.0M	190.0M	260.0M	159.0M	202.0M	96.1M
Debt Repayments	16.4B	18.2B	9.5B	7.4B	3.4B	4.2B	6.5B	5.8B	5.3B	5.6B	3.5B	3.6B	5.2B	6.0B	5.1B	3.1B	3.4B	4.1B	4.8B	4.9B
Total Financing Cash Inflow	16.5B	23.1B	12.6B	10.6B	2.9B	4.7B	6.3B	6.4B	5.7B	7.8B	4.5B	5.9B	6.0B	7.8B	6.1B	4.0B	4.1B	4.4B	5.3B	5.1B
Total Financing Cash Outflow	17.2B	19.1B	11.0B	8.8B	4.2B	4.9B	7.0B	6.2B	5.7B	7.3B	4.8B	4.9B	6.4B	6.3B	5.4B	3.3B	3.7B	4.2B	5.0B	5.0B
Financing Cash Flow	-710.0M	4.0B	1.6B	1.8B	-1.3B	-161.0M	-666.0M	214.0M	18.2M	491.0M	-227.0M	1.0B	-386.0M	1.4B	741.0M	702.0M	382.0M	197.0M	293.0M	118.0M
Net Change In Cash	-113.0M	2.5B	301.0M	-918.0M	911.0M	36.5M	471.0M	-570.0M	613.0M	1.1B	-1.6B	1.6B	-814.0M	1.3B	-682.0M	780.0M	351.0M	-302.0M	16.6M	105.0M
Ending Cash Balance	5.7B	5.8B	3.3B	3.0B	3.9B	3.0B	2.9B	2.5B	3.0B	2.4B	1.3B	2.8B	1.3B	2.1B	752.0M	1.4B	654.0M	304.0M	606.0M	589.0M
Capex	3.4B	3.9B	2.7B	2.3B	978.0M	988.0M	1.2B	1.4B	1.6B	1.5B	1.3B	1.4B	1.5B	1.3B	926.0M	558.0M	320.0M	383.0M	467.0M	270.0M