Income Statement

Revenue

-31%

-38%

10Y

Currency: CNY

	Dec-2003	Mar-2004	Jun-2004	Sep-2004	Dec-2004	Mar-2005	Jun-2005	Sep-2005	Dec-2005	Mar-2006	Jun-2006	Sep-2006	Dec-2006	Mar-2007	Jun-2007	Sep-2007	Dec-2007	Mar-2008	Jun-2008	Sep-2008	Dec-2008	Mar-2009	Jun-2009	Sep-2009	Dec-2009	Mar-2010	Jun-2010	Sep-2010	Dec-2010	Mar-2011	Jun-2011	Sep-2011	Dec-2011	Mar-2012	Jun-2012	Sep-2012	Dec-2012	Mar-2013	Jun-2013	Sep-2013	Dec-2013	Mar-2014	Jun-2014	Sep-2014	Dec-2014	Mar-2015	Jun-2015	Sep-2015	Dec-2015	Mar-2016	Jun-2016	Sep-2016	Dec-2016	Mar-2017	Jun-2017	Sep-2017	Dec-2017	Mar-2018	Jun-2018	Sep-2018	Dec-2018	Mar-2019	Jun-2019	Sep-2019	Dec-2019	Mar-2020	Jun-2020	Sep-2020	Dec-2020	Mar-2021	Jun-2021	Sep-2021	Dec-2021	Mar-2022	Jun-2022	Sep-2022	Dec-2022	Mar-2023	Jun-2023	Sep-2023	Dec-2023	Mar-2024	Jun-2024	Sep-2024	Dec-2024	Mar-2025	Jun-2025	Sep-2025
Revenue
Interest Expense	54	0	0	0	31	0	0	0	21	0	0	0	26	0	0	0	27	0	0	0	51	0	0	0	31	0	0	0	410	0	0	0	742	0	0	0	1 562	0	0	0	1 756	0	0	0	2 251	0	0	0	2 945	0	0	0	2 493	0	0	373	3 255	0	0	854	3 612	2 563	3 359	3 240	3 485	3 603	3 577	3 662	3 257	3 509	3 987	4 806	5 319	5 373	5 276	6 196	7 464	7 151	7 183	5 682	4 493	4 490	4 455	4 283	4 137	0	0	0
Revenue	8 665 N/A	9 008 +4%	9 570 +6%	10 621 +11%	12 209 +15%	13 312 +9%	13 553 +2%	13 005 -4%	12 706 -2%	12 393 -2%	13 060 +5%	13 681 +5%	14 458 +6%	15 095 +4%	15 205 +1%	16 060 +6%	16 596 +3%	18 430 +11%	21 731 +18%	25 273 +16%	26 353 +4%	25 172 -4%	23 055 -8%	21 099 -8%	21 500 +2%	24 100 +12%	27 486 +14%	31 113 +13%	34 844 +12%	37 153 +7%	40 532 +9%	43 279 +7%	49 799 +15%	55 114 +11%	57 718 +5%	58 525 +1%	59 674 +2%	55 789 -7%	56 653 +2%	59 017 +4%	58 727 0%	63 058 +7%	65 590 +4%	66 339 +1%	65 326 -2%	58 869 -10%	57 419 -2%	54 714 -5%	69 007 +26%	72 131 +5%	68 499 -5%	95 330 +39%	102 282 +7%	130 327 +27%	158 417 +22%	156 947 -1%	151 228 -4%	143 972 -5%	146 989 +2%	151 199 +3%	163 008 +8%	178 918 +10%	192 676 +8%	194 429 +1%	214 688 +10%	214 450 0%	220 727 +3%	220 626 0%	214 992 -3%	200 444 -7%	170 759 -15%	165 881 -3%	151 991 -8%	162 136 +7%	186 896 +15%	198 302 +6%	224 973 +13%	204 049 -9%	184 945 -9%	184 520 0%	150 025 -19%	145 237 -3%	137 935 -5%	121 620 -12%	139 124 +14%	129 803 -7%	126 162 -3%	137 449 +9%
Gross Profit
Cost of Revenue	(4 139)	(4 263)	(4 318)	(4 457)	(5 318)	(5 502)	(5 968)	(6 215)	(6 166)	(6 474)	(6 865)	(7 311)	(8 272)	(8 564)	(9 081)	(9 429)	(8 522)	(9 529)	(10 667)	(11 540)	(13 888)	(14 080)	(13 253)	(13 512)	(12 649)	(13 774)	(15 826)	(17 606)	(19 423)	(20 474)	(22 732)	(24 994)	(30 447)	(35 922)	(40 218)	(44 007)	(45 812)	(44 169)	(45 327)	(46 110)	(45 853)	(50 562)	(52 935)	(53 552)	(53 015)	(47 149)	(46 403)	(44 047)	(59 461)	(63 166)	(59 610)	(86 637)	(89 674)	(116 151)	(142 114)	(137 803)	(127 246)	(119 431)	(118 970)	(121 701)	(132 401)	(149 411)	(164 369)	(167 805)	(183 359)	(185 444)	(193 672)	(194 550)	(188 740)	(174 073)	(142 106)	(128 954)	(110 042)	(113 819)	(123 334)	(127 288)	(135 694)	(130 344)	(122 514)	(125 807)	(93 770)	(93 024)	(85 960)	(74 518)	(93 156)	(87 876)	(88 204)	(100 016)
Gross Profit	4 527 N/A	4 746 +5%	5 252 +11%	6 164 +17%	6 891 +12%	7 810 +13%	7 585 -3%	6 790 -10%	6 540 -4%	5 920 -9%	6 196 +5%	6 371 +3%	6 187 -3%	6 531 +6%	6 124 -6%	6 631 +8%	8 073 +22%	8 901 +10%	11 065 +24%	13 735 +24%	12 465 -9%	11 093 -11%	9 803 -12%	7 588 -23%	8 852 +17%	10 327 +17%	11 659 +13%	13 505 +16%	15 421 +14%	16 678 +8%	17 800 +7%	18 285 +3%	19 352 +6%	19 192 -1%	17 500 -9%	14 518 -17%	13 862 -5%	11 621 -16%	11 326 -3%	12 907 +14%	12 874 0%	12 495 -3%	12 655 +1%	12 786 +1%	12 311 -4%	11 719 -5%	11 015 -6%	10 667 -3%	9 546 -11%	8 965 -6%	8 889 -1%	8 693 -2%	12 608 +45%	14 176 +12%	16 303 +15%	19 144 +17%	23 981 +25%	24 540 +2%	28 018 +14%	29 497 +5%	30 608 +4%	29 506 -4%	28 306 -4%	26 624 -6%	31 329 +18%	29 007 -7%	27 056 -7%	26 076 -4%	26 252 +1%	26 370 +0%	28 652 +9%	36 926 +29%	41 949 +14%	48 317 +15%	63 562 +32%	71 015 +12%	89 279 +26%	73 705 -17%	62 432 -15%	58 712 -6%	56 255 -4%	52 213 -7%	51 975 0%	47 102 -9%	45 969 -2%	41 927 -9%	37 958 -9%	37 433 -1%
Operating Income
Operating Expenses	(2 806)	(2 838)	(2 793)	(2 839)	(2 733)	(3 061)	(2 594)	(2 489)	(2 593)	(2 251)	(2 690)	(2 794)	(3 055)	(3 188)	(3 139)	(3 241)	(3 265)	(3 470)	(3 302)	(3 189)	(3 663)	(3 487)	(3 871)	(4 177)	(3 774)	(3 871)	(4 305)	(4 875)	(5 799)	(6 131)	(6 432)	(6 564)	(7 194)	(7 330)	(7 631)	(7 944)	(9 030)	(8 943)	(11 166)	(10 727)	(7 631)	(9 504)	(7 371)	(7 573)	(8 481)	(7 573)	(7 077)	(6 973)	(7 098)	(6 664)	(7 021)	(7 077)	(8 395)	(7 967)	(7 687)	(9 083)	(11 038)	(11 349)	(13 206)	(13 156)	(13 979)	(12 456)	(11 276)	(10 903)	(13 093)	(11 439)	(11 846)	(11 718)	(12 866)	(11 446)	(10 090)	(10 317)	(13 319)	(12 734)	(14 066)	(14 915)	(20 977)	(17 095)	(17 287)	(18 720)	(18 203)	(16 296)	(17 100)	(16 011)	(18 735)	(16 544)	(15 876)	(17 270)
Selling, General & Administrative	(2 848)	(2 880)	(2 822)	(2 868)	(2 771)	(3 103)	(2 637)	(2 537)	(2 625)	(2 281)	(2 710)	(2 800)	(3 045)	(3 208)	(3 159)	(3 261)	(3 264)	(3 474)	(3 302)	(3 190)	(3 654)	(3 491)	(3 844)	(4 118)	(3 734)	(3 885)	(4 306)	(4 875)	(5 573)	(6 038)	(6 431)	(6 564)	(6 607)	(7 048)	(7 351)	(7 662)	(8 132)	(8 235)	(8 111)	(7 645)	(6 822)	(7 219)	(7 372)	(7 624)	(7 797)	(7 533)	(6 941)	(6 853)	(6 515)	(6 276)	(6 698)	(6 803)	(7 738)	(6 584)	(6 412)	(7 659)	(10 212)	(9 088)	(10 899)	(10 899)	(12 520)	(12 017)	(10 818)	(10 375)	(11 319)	(10 802)	(11 124)	(11 029)	(11 076)	(10 946)	(9 618)	(9 783)	(10 909)	(10 550)	(11 854)	(12 573)	(16 714)	(12 730)	(12 827)	(13 590)	(14 182)	(13 580)	(13 943)	(13 146)	(15 309)	(14 081)	(13 558)	(14 561)
Research & Development	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(131)	0	0	0	(93)	0	0	0	(45)	0	0	0	(42)	0	0	0	(38)	0	0	0	(78)	0	(41)	(61)	(83)	0	(64)	(58)	(158)	(188)	(192)	(233)	(561)	(581)	(583)	(576)	(510)	(573)	(653)	(770)	(1 140)	(1 153)	(1 196)	(1 291)	(2 643)	(2 087)	(2 195)	(2 884)	(2 664)	(2 991)	(3 449)	(3 218)	(2 525)	(2 775)	(2 578)	(3 002)
Depreciation & Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(64)	0	0	0	(441)	0	0	0	(512)	0	0	0	(482)	0	0	0	(395)	0	0	0	(457)	0	0	0	(572)	0	0	0	(804)	0	0	0	(804)	0	0	0	(863)	0	0	0	(880)	0	0	0	(1 391)	0	0	0	(1 181)	0	0	0	(886)	0	0	0
Other Operating Expenses	42	42	29	29	38	41	42	47	32	30	20	6	(10)	20	20	20	(1)	4	0	0	(10)	4	(27)	(59)	(40)	14	0	0	(226)	(93)	0	0	(392)	(282)	(282)	(282)	(365)	(708)	(3 054)	(3 081)	(251)	(2 284)	1	51	(159)	(40)	(136)	(119)	(150)	(388)	(323)	(276)	(122)	(1 384)	(1 236)	(1 364)	(171)	(2 261)	(2 242)	(2 197)	(498)	(251)	(266)	(293)	(408)	(57)	(140)	(113)	(417)	75	183	237	(391)	(1 031)	(1 016)	(1 051)	(230)	(2 279)	(2 264)	(2 247)	(176)	275	293	353	(14)	312	261	292
Operating Income	1 720 N/A	1 907 +11%	2 459 +29%	3 324 +35%	4 158 +25%	4 747 +14%	4 990 +5%	4 301 -14%	3 946 -8%	3 669 -7%	3 505 -4%	3 576 +2%	3 132 -12%	3 342 +7%	2 984 -11%	3 389 +14%	4 809 +42%	5 431 +13%	7 762 +43%	10 545 +36%	8 802 -17%	7 605 -14%	5 931 -22%	3 409 -43%	5 078 +49%	6 454 +27%	7 354 +14%	8 631 +17%	9 622 +11%	10 548 +10%	11 368 +8%	11 721 +3%	12 158 +4%	11 864 -2%	9 871 -17%	6 576 -33%	4 831 -27%	2 678 -45%	161 -94%	2 182 +1 255%	5 243 +140%	2 993 -43%	5 285 +77%	5 214 -1%	3 830 -27%	4 147 +8%	3 939 -5%	3 694 -6%	2 448 -34%	2 302 -6%	1 869 -19%	1 617 -13%	4 213 +161%	6 208 +47%	8 614 +39%	10 059 +17%	12 943 +29%	13 191 +2%	14 814 +12%	16 343 +10%	16 629 +2%	17 052 +3%	17 031 0%	15 722 -8%	18 236 +16%	17 568 -4%	15 210 -13%	14 358 -6%	13 386 -7%	14 925 +11%	18 563 +24%	26 610 +43%	28 630 +8%	35 583 +24%	49 496 +39%	56 100 +13%	68 302 +22%	56 610 -17%	45 145 -20%	39 992 -11%	38 053 -5%	35 917 -6%	34 875 -3%	31 091 -11%	27 234 -12%	25 383 -7%	22 083 -13%	20 163 -9%
Pre-Tax Income
Interest Income Expense	(30)	(18)	10	18	70	72	62	19	(24)	(51)	(27)	19	49	22	88	138	78	25	107	(17)	(162)	(54)	(66)	124	314	603	(1 170)	1 153	2 575	2 242	4 430	391	205	(182)	(1 337)	275	(246)	(1 143)	(4 478)	(3 819)	(3 368)	(3 817)	(364)	(1 331)	(1 367)	(1 369)	(1 098)	(997)	(1 282)	(1 446)	(1 601)	(1 890)	(1 405)	(1 552)	(1 632)	(1 662)	(2 444)	(2 897)	(2 716)	(3 154)	(1 303)	(1 700)	(1 125)	(520)	(2 359)	(2 720)	(166)	(580)	1 189	(248)	(3 697)	(4 305)	(3 310)	(3 624)	(3 562)	(2 423)	(3 652)	(3 696)	(3 513)	(3 641)	(1 085)	(1 439)	(1 577)	(1 900)	(741)	(1 012)	(730)	(936)
Non-Reccuring Items	0	0	0	0	0	0	0	0	0	0	0	0	20	0	0	0	4	0	(24)	(24)	4	0	0	32	14	0	72	73	(93)	0	(94)	(93)	(282)	0	0	0	(662)	0	0	0	(1 985)	0	0	0	(1)	0	0	0	(327)	0	0	0	(466)	(139)	(131)	(141)	(1 516)	(6)	357	360	34	341	(54)	(37)	164	(50)	(27)	(31)	892	(35)	(14)	(19)	(1 324)	65	61	61	(2 473)	27	10	26	(145)	38	35	31	359	64	421	762
Gain/Loss on Disposition of Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	(315)	0	0	0	12	0	0	0	(12)	0	0	0	(18)	0	0	0	(111)	0	0	0	12	0	0	0	15	0	0	0	0	0	0	0	(7)	0	0	3	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Other Income	3	(1)	(1)	11	(114)	(111)	(109)	(112)	(12)	(1)	(2)	(5)	(74)	(74)	(104)	(101)	(29)	(341)	(322)	(310)	3	10	17	2	17	2	(6)	(1)	28	15	15	23	39	(62)	1 345	1 350	1 349	1 354	(39)	31	225	545	610	590	799	532	722	652	678	680	991	1 038	956	1 069	500	723	1 337	1 219	1 286	776	(316)	(350)	(327)	(5)	302	561	971	941	(6 213)	(5 010)	(5 652)	(5 961)	44	(173)	37	305	(35)	32	40	(10)	187	77	355	436	440	381	48	113
Pre-Tax Income	1 694 N/A	1 887 +11%	2 466 +31%	3 352 +36%	4 115 +23%	4 709 +14%	4 944 +5%	4 208 -15%	3 911 -7%	3 617 -8%	3 476 -4%	3 591 +3%	3 126 -13%	3 292 +5%	2 970 -10%	3 427 +15%	4 546 +33%	5 116 +13%	7 524 +47%	10 195 +35%	8 660 -15%	7 562 -13%	5 884 -22%	3 569 -39%	5 411 +52%	7 061 +30%	6 251 -11%	9 858 +58%	12 114 +23%	12 805 +6%	15 719 +23%	12 041 -23%	12 008 0%	11 620 -3%	9 879 -15%	8 201 -17%	5 285 -36%	2 888 -45%	(4 357) N/A	(1 608) +63%	130 N/A	(280) N/A	5 530 N/A	4 473 -19%	3 262 -27%	3 310 +1%	3 563 +8%	3 349 -6%	1 511 -55%	1 536 +2%	1 259 -18%	768 -39%	3 298 +329%	5 585 +69%	7 350 +32%	8 979 +22%	10 320 +15%	11 507 +12%	13 741 +19%	14 327 +4%	15 043 +5%	15 344 +2%	15 526 +1%	15 160 -2%	16 343 +8%	15 359 -6%	15 987 +4%	14 687 -8%	9 254 -37%	9 631 +4%	9 200 -4%	16 325 +77%	24 041 +47%	31 850 +32%	46 032 +45%	54 043 +17%	62 142 +15%	52 973 -15%	41 681 -21%	36 367 -13%	37 009 +2%	34 592 -7%	33 688 -3%	29 658 -12%	27 292 -8%	24 814 -9%	21 822 -12%	20 102 -8%
Net Income
Tax Provision	(588)	(649)	(880)	(1 192)	(1 407)	(1 600)	(1 637)	(1 372)	(1 415)	(1 332)	(1 278)	(1 329)	(1 286)	(1 332)	(1 383)	(1 574)	(1 330)	(1 509)	(2 146)	(2 633)	(2 322)	(2 114)	(1 405)	(865)	(1 505)	(1 774)	(1 636)	(2 686)	(3 101)	(3 418)	(4 307)	(3 213)	(3 457)	(3 397)	(1 478)	(1 069)	111	777	1 440	745	169	336	(1 192)	(971)	(1 494)	(1 550)	(1 865)	(2 038)	(680)	(581)	(402)	13	(894)	(1 444)	(1 814)	(2 101)	(2 459)	(2 847)	(3 832)	(4 507)	(4 387)	(4 418)	(3 498)	(3 019)	(3 410)	(3 239)	(3 370)	(2 968)	(2 416)	(2 393)	(2 361)	(3 930)	(5 474)	(7 392)	(11 631)	(14 221)	(16 112)	(14 746)	(11 695)	(10 302)	(9 857)	(8 984)	(8 405)	(6 786)	(6 359)	(5 528)	(4 977)	(4 619)
Income from Continuing Operations	1 106	1 239	1 587	2 161	2 708	3 109	3 307	2 836	2 496	2 286	2 198	2 262	1 841	1 959	1 587	1 853	3 217	3 606	5 376	7 559	6 337	5 446	4 478	2 704	3 907	5 287	4 615	7 172	9 013	9 388	11 413	8 829	8 552	8 223	8 402	7 133	5 395	3 666	(2 917)	(863)	299	55	4 337	3 502	1 768	1 761	1 699	1 311	831	956	858	782	2 405	4 142	5 537	6 879	7 862	8 660	9 909	9 819	10 656	10 926	12 028	12 142	12 934	12 119	12 616	11 718	6 838	7 238	6 839	12 394	18 567	24 458	34 401	39 822	46 030	38 227	29 986	26 065	27 151	25 608	25 283	22 872	20 932	19 287	16 845	15 484
Income to Minority Interest	(1)	(1)	0	0	0	0	0	0	0	0	0	(1)	1	1	5	7	2	1	(9)	(5)	(13)	(16)	(34)	(39)	(26)	(29)	(6)	(6)	(4)	(3)	(8)	(26)	(21)	(34)	(27)	31	(33)	43	1 010	896	972	1 000	163	298	432	394	297	329	375	381	521	378	181	(27)	(305)	(324)	(595)	(835)	(1 375)	(1 827)	(2 140)	(2 329)	(2 497)	(2 150)	(2 435)	(2 194)	(2 682)	(2 349)	775	996	1 970	754	(2 129)	(3 558)	(5 841)	(7 559)	(12 211)	(7 975)	(6 548)	(6 455)	(6 567)	(6 880)	(7 227)	(6 280)	(5 875)	(5 278)	(4 712)	(4 685)
Net Income (Common)	1 105 N/A	1 239 +12%	1 587 +28%	2 161 +36%	2 708 +25%	3 109 +15%	3 307 +6%	2 836 -14%	2 495 -12%	2 285 -8%	2 197 -4%	2 260 +3%	1 842 -18%	1 960 +6%	1 592 -19%	1 860 +17%	3 219 +73%	3 606 +12%	5 367 +49%	7 555 +41%	6 324 -16%	5 432 -14%	4 445 -18%	2 665 -40%	3 880 +46%	5 258 +36%	4 609 -12%	7 166 +55%	9 009 +26%	9 385 +4%	11 406 +22%	8 804 -23%	8 530 -3%	8 190 -4%	8 375 +2%	7 164 -14%	5 362 -25%	3 709 -31%	(1 908) N/A	32 N/A	1 271 +3 872%	1 055 -17%	4 501 +327%	3 801 -16%	2 164 -43%	2 077 -4%	1 828 -12%	1 365 -25%	860 -37%	949 +10%	975 +3%	756 -22%	2 162 +186%	3 690 +71%	4 807 +30%	5 999 +25%	6 771 +13%	7 295 +8%	7 947 +9%	7 492 -6%	7 909 +6%	7 990 +1%	8 928 +12%	9 388 +5%	9 918 +6%	9 338 -6%	9 358 +0%	8 826 -6%	7 122 -19%	7 845 +10%	8 564 +9%	12 963 +51%	16 259 +25%	20 685 +27%	28 254 +37%	31 855 +13%	33 357 +5%	29 749 -11%	22 947 -23%	19 171 -16%	20 140 +5%	18 244 -9%	17 498 -4%	16 020 -8%	14 425 -10%	13 378 -7%	11 509 -14%	10 140 -12%
EPS (Diluted)	0.24 N/A	0.27 +13%	0.34 +26%	0.45 +32%	0.55 +22%	0.63 +15%	0.67 +6%	0.58 -13%	0.51 -12%	0.47 -8%	0.45 -4%	0.46 +2%	0.37 -20%	0.4 +8%	0.32 -20%	0.38 +19%	0.65 +71%	0.74 +14%	1.1 +49%	1.54 +40%	1.29 -16%	1.11 -14%	0.91 -18%	0.55 -40%	0.79 +44%	1.07 +35%	0.94 -12%	1.46 +55%	1.83 +25%	1.91 +4%	2.32 +21%	1.79 -23%	1.73 -3%	1.66 -4%	1.7 +2%	1.45 -15%	1.09 -25%	0.76 -30%	-0.39 N/A	0.01 N/A	0.26 +2 500%	0.21 -19%	0.92 +338%	0.78 -15%	0.44 -44%	0.44 N/A	0.38 -14%	0.28 -26%	0.17 -39%	0.19 +12%	0.2 +5%	0.16 -20%	0.44 +175%	0.75 +70%	0.98 +31%	1.22 +24%	1.38 +13%	1.48 +7%	1.61 +9%	1.52 -6%	1.61 +6%	1.63 +1%	1.82 +12%	1.91 +5%	2.02 +6%	1.9 -6%	1.91 +1%	1.8 -6%	1.46 -19%	1.6 +10%	1.75 +9%	2.66 +52%	1.71 -36%	4.24 +148%	5.71 +35%	4.3 -25%	3.48 -19%	4.05 +16%	3.11 -23%	2.47 -21%	2.09 -15%	1.89 -10%	1.79 -5%	2.73 +53%	1.45 -47%	1.32 -9%	1.14 -14%	1.01 -11%

Income Statement Balance Sheet Cash Flow Statement

Yankuang Energy Group Co Ltd
SSE:600188

Income Statement

Earnings Waterfall
Yankuang Energy Group Co Ltd

Income Statement
Yankuang Energy Group Co Ltd

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Yankuang Energy Group Co Ltd SSE:600188

Income Statement

Earnings Waterfall Yankuang Energy Group Co Ltd

Income Statement Yankuang Energy Group Co Ltd

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Yankuang Energy Group Co Ltd
SSE:600188

Earnings Waterfall
Yankuang Energy Group Co Ltd

Income Statement
Yankuang Energy Group Co Ltd