嘉化能源 (600273.SH) Financial Statements

Income statement

Metric	TTM	2025	2024	2023	2022
Revenue
Total Revenue	10.5B	10.2B	9.2B	8.8B	11.5B
Cost of Revenue	9.1B	8.7B	7.5B	7.0B	9.0B
Gross Profit	1.4B	1.5B	1.6B	1.8B	2.5B
Operating Expenses
R&D Expense	316.3M	314.4M	284.2M	290.9M	371.3M
SG&A Expense	—	—	—	—	—
General & Admin Expense	163.5M	163.5M	164.0M	181.7M	179.6M
Selling & Marketing Expense	13.4M	13.6M	17.1M	13.0M	11.0M
Other Expenses	—	—	—	—	—
Total Operating Expenses	547.8M	562.8M	556.2M	523.9M	717.1M
Cost and Expenses	9.6B	9.2B	8.1B	7.5B	9.7B
Operating Income (EBIT)	891.5M	1.1B	1.1B	1.3B	1.8B
Non-Operating
Interest Income	—	—	—	—	—
Interest Expense	—	—	—	—	—
Net Interest Income	—	—	—	—	—
Other Non-Op Income/Expense	—	—	—	—	—
Non-Operating Income (excl Interest)	—	—	—	—	—
EBT (Pre-Tax Income)	920.1M	1.1B	1.1B	1.3B	1.8B
Income Tax Expense	104.6M	136.0M	120.7M	116.2M	222.6M
Bottom Line
Net Income	815.5M	987.8M	1.0B	1.2B	1.6B
Earnings from Cont. Ops	815.5M	987.8M	1.0B	1.2B	1.6B
Earnings from Discont. Ops	—	—	—	—	—
Bottom Line Net Income	815.5M	987.8M	1.0B	1.2B	1.6B
Per Share
Basic EPS	CN¥0.61	CN¥0.74	CN¥0.74	CN¥0.85	CN¥1.15
Diluted EPS	CN¥0.61	CN¥0.74	CN¥0.74	CN¥0.85	CN¥1.15
Revenue Per Share	CN¥8.01	CN¥7.63	CN¥6.72	CN¥6.32	CN¥8.27
Shares
Basic Shares Outstanding	1.3B	1.3B	1.4B	1.4B	1.4B
Diluted Shares Outstanding	1.3B	1.3B	1.4B	1.4B	1.4B
Profitability Metrics
EBITDA	—	1.9B	1.8B	2.0B	2.5B
D&A	—	765.9M	742.2M	716.1M	700.9M
EBIT	—	—	—	—	—

As reported, in the filing currency · TTM sums the four latest quarters; MRQ is the latest quarter · Negatives in parentheses; a dash is a line the filing does not carry · Data as of Mar 1, 2026