Ningxia Baofeng Energy Group revenue and financials

600989 · SSE · CNY

¥22.46Change from previous close: +0.22%Absolute change: +¥0.05

Close · September 30, 2026

In the fiscal year ended December 2025, Ningxia Baofeng Energy Group reported revenue of ¥48.04B (+45.64% year over year). Net income was ¥11.35B, a net margin of 23.6%.

Annual revenue · 2025: ¥48.04B
  1. ¥28.43B2022
  2. ¥29.14B2023
  3. ¥32.98B2024
  4. ¥48.04B2025

Fiscal year ending in December. Sources and method on the page Methodology and sources.

At a glance

Revenue growth
+45.64%
2025 vs 2024
Net income growth
+79.09%
2025 vs 2024
Net margin
23.6%
2024: 19.2%

Financial data

Amounts in millions of CNY; per-share values in CNY; shares in millions.

Balance sheet · Annual
Item20252024202320222021
Total assets90,15289,56671,63057,578—
Current assets4,7734,7863,4354,497—
Cash and equivalents1,3452,4771,2832,158—
Inventory1,9661,5751,2921,348—
Net property, plant and equipment79,91378,85758,59346,204—
Goodwill1,1241,1241,1241,124—
Other intangible assets2,1972,2502,3271,785—
Long-term investments1681,6551,628——
Current liabilities15,93321,25014,31311,518—
Accounts payable2,4091,4891,9481,678—
Long-term debt19,49221,51317,52410,912—
Total debt30,07431,05320,99514,691—
Total liabilities41,76346,56033,09423,704—
Total equity (incl. minority)48,39043,00638,53733,875—
Retained earnings31,03324,92321,13816,896—