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.

Cash flow · Annual
Item20252024202320222021
Operating cash flow16,8518,8988,6936,626—
Depreciation and amortization3,2742,1571,7971,444—
Capital expenditure-6,643-11,529-12,842-9,977—
Investing cash flow-5,884-11,529-14,101-11,177—
Financing cash flow-12,0664,2464,7694,469—
Dividends paid-6,104-3,206-1,545-3,059—
Debt issued4,04011,99811,27010,710—
Debt repaid-8,243-4,374-4,841-2,681—
Effect of exchange rates-1.1-0.22.80.7—
Net change in cash-1,0991,614-639-81.9—
Free cash flow10,208-2,631-4,150-3,351—