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 | Q2 2026 | Q4 2025 | Q2 2025 | Q4 2024 | Q2 2024 | Q4 2023 | Q2 2023 | Q4 2022 | Q2 2022 | Q4 2021 |
|---|---|---|---|---|---|---|---|---|---|---|
| Total assets | 145,594 | 144,119 | 140,825 | 143,390 | 142,327 | 143,519 | 138,537 | 138,892 | 133,931 | 132,582 |
| Current assets | 61,092 | 58,627 | 56,449 | 57,237 | 57,955 | 57,198 | 52,636 | 51,339 | 47,280 | 45,138 |
| Cash and equivalents | 39,957 | 31,280 | 29,479 | 27,827 | 29,422 | 27,353 | 24,705 | 20,042 | 18,314 | 28,494 |
| Short-term investments | 8,111 | 13,329 | 13,396 | 17,265 | 17,451 | 18,235 | 17,323 | 19,439 | 17,023 | — |
| Receivables | 3,686 | 6,689 | 3,404 | 5,306 | 2,712 | 5,142 | 2,714 | 5,909 | 3,227 | 11,446 |
| Inventory | 1,312 | 1,037 | 1,202 | 1,131 | 1,174 | 1,155 | 1,156 | 1,081 | 916 | 1,230 |
| Net property, plant and equipment | 64,286 | 65,718 | 65,142 | 66,797 | 65,984 | 68,032 | 67,710 | 69,534 | 68,828 | 69,714 |
| Goodwill | 304 | 355 | 406 | 406 | 509 | 516 | 515 | 515 | 541 | 567 |
| Other intangible assets | 938 | 885 | 1,074 | 1,120 | 1,145 | 1,239 | 1,285 | 1,334 | 1,317 | 1,389 |
| Long-term investments | 15,610 | 15,557 | 14,848 | 14,988 | 14,493 | 14,449 | 14,421 | 14,284 | 13,847 | 13,589 |
| Current liabilities | 34,018 | 33,812 | 29,800 | 35,676 | 36,018 | 34,583 | 33,480 | 34,384 | 34,060 | 34,219 |
| Accounts payable | 3,230 | 3,349 | 3,199 | 3,107 | 2,771 | 2,791 | 2,569 | 3,195 | 3,256 | 3,257 |
| Long-term debt | 13,637 | 13,676 | 15,427 | 14,329 | 15,554 | 19,027 | 19,052 | 19,794 | 18,310 | 18,611 |
| Total debt | — | 21,420 | 20,425 | — | — | — | — | — | — | — |
| Total liabilities | 51,986 | 51,842 | 49,757 | 54,555 | 55,630 | 57,736 | 56,478 | 58,190 | 56,343 | 56,721 |
| Total equity (incl. minority) | 93,608 | 92,277 | 91,068 | 88,835 | 86,697 | 85,783 | 82,059 | 80,702 | 77,588 | 75,861 |
| Retained earnings | 36,065 | 34,278 | 33,939 | 32,297 | 32,030 | 31,427 | 29,035 | 28,095 | 26,334 | 25,236 |
| Minority interest | 24,212 | 24,520 | 24,080 | 23,686 | 22,838 | 22,334 | 21,073 | 20,794 | 20,097 | 19,586 |