Kunlun Energy revenue and financials
In the fiscal year ended December 2025, Kunlun Energy reported revenue of ¥193.98B (+3.71% year over year). Net income was ¥5.35B, a net margin of 2.8%.
Fiscal year ending in December. Sources and method on the page Methodology and sources.
At a glance
- Revenue growth
- +3.71%
- 2025 vs 2024
- Net income growth
- −10.30%
- 2025 vs 2024
- Net margin
- 2.8%
- 2024: 3.2%
How Kunlun Energy is changing
Calculated from the annual statements; each fiscal year is labelled with the year it ends.
Revenue grew 4.1% a year on average over the last 3 years
Compound annual growth rate: from ¥171.94B in 2022 to ¥193.98B in 2025.
Revenue has grown for 4 fiscal years in a row
Each fiscal year compared with the one before, up to 2025.
Profits turn into cash: free cash flow equal to 131% of net income
Totals for fiscal years 2023–2025: free cash flow ¥22.2B, net income ¥16.99B.
Financial data
Amounts in millions of CNY; per-share values in CNY; shares in millions.
| Item | 2025 | 2024 | 2023 | 2022 | 2021 |
|---|---|---|---|---|---|
| Total assets | 144,119 | 143,390 | 143,519 | 138,892 | 132,582 |
| Current assets | 58,627 | 57,237 | 57,198 | 51,339 | 45,138 |
| Cash and equivalents | 31,280 | 27,827 | 27,353 | 20,042 | 28,494 |
| Short-term investments | 13,329 | 17,265 | 18,235 | 19,439 | — |
| Receivables | 6,689 | 5,306 | 5,142 | 5,909 | 11,446 |
| Inventory | 1,037 | 1,131 | 1,155 | 1,081 | 1,230 |
| Net property, plant and equipment | 65,718 | 66,797 | 68,032 | 69,534 | 69,714 |
| Goodwill | 355 | 406 | 516 | 515 | 567 |
| Other intangible assets | 885 | 1,120 | 1,239 | 1,334 | 1,389 |
| Long-term investments | 15,557 | 14,988 | 14,449 | 14,284 | 13,589 |
| Current liabilities | 33,812 | 35,676 | 34,583 | 34,384 | 34,219 |
| Accounts payable | 3,349 | 3,107 | 2,791 | 3,195 | 3,257 |
| Long-term debt | 13,676 | 14,329 | 19,027 | 19,794 | 18,611 |
| Total debt | 21,420 | 24,279 | 25,202 | 25,851 | — |
| Total liabilities | 51,842 | 54,555 | 57,736 | 58,190 | 56,721 |
| Total equity (incl. minority) | 92,277 | 88,835 | 85,783 | 80,702 | 75,861 |
| Retained earnings | 34,278 | 32,297 | 31,427 | 28,095 | 25,236 |
| Minority interest | 24,520 | 23,686 | 22,334 | 20,794 | 19,586 |
