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 |
|---|---|---|---|---|---|---|---|---|---|
| Operating cash flow | 6,213 | 8,044 | 4,386 | 7,162 | 5,352 | 8,002 | 6,406 | 8,373 | 6,497 |
| Depreciation and amortization | 2,748 | 2,473 | 2,800 | 2,406 | 2,754 | 2,096 | 2,896 | 2,457 | 2,430 |
| Capital expenditure | -1,709 | -3,974 | -1,908 | -3,329 | -2,767 | -3,069 | -2,110 | -3,760 | -1,959 |
| Investing cash flow | 4,489 | -3,181 | 3,058 | -2,618 | -873 | -2,185 | 1,124 | -3,774 | -14,678 |
| Financing cash flow | -1,953 | -3,058 | -5,843 | -6,191 | -2,395 | -3,188 | -2,851 | -2,919 | -2,001 |
| Dividends paid | — | -2,751 | — | -3,878 | — | -2,198 | — | -1,799 | — |
| Debt issued | 2,830 | 5,378 | 3,753 | 2,910 | 3,547 | 3,628 | 2,528 | 5,557 | 2,881 |
| Debt repaid | -2,787 | -4,736 | -7,521 | -4,088 | -3,582 | -4,115 | -3,203 | -5,433 | -3,310 |
| Effect of exchange rates | -72.0 | -4.0 | 51.0 | 52.0 | -15.0 | 19.0 | -16.0 | 48.0 | 2.0 |
| Net change in cash | 8,677 | 1,801 | 1,652 | -1,595 | 2,069 | 2,648 | 4,663 | 1,728 | -10,180 |
| Free cash flow | 4,504 | 4,070 | 2,478 | 3,833 | 2,585 | 4,933 | 4,296 | 4,613 | 4,538 |
| Levered free cash flow | 5,770 | 2,104 | 2,130 | 158 | 2,735 | 2,560 | 4,509 | 3,004 | 8,286 |