PetroChina Co Ltd Class H
Buy, Hold or Sell?

Let's analyse Petrochina together

Penke I guess you are interested in PetroChina Co Ltd Class H. Buy, hold or sell? I don't know! However, I do recommend doing research before doing anything. I will help you with that.

I'm going to help you getting a better view of PetroChina Co Ltd Class H. At the end you don't have to ask anyone for trading advice. You can make your own decision, with more confidence, the odds in your favor, backed by data.

You can find me behind Let's Analyse Together in the top-right of each section.

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Quick analysis of Petrochina (30 sec.)

What can you expect buying and holding a share of Petrochina? (30 sec.)

How much money do you get?

HK$0.07

When do you have the money?

1 year

How often do you get paid?

77.5%

What is your share worth?

Current worth

HK$9.63

Expected worth in 1 year

HK$11.19

How sure are you?

67.5%

+ What do you gain per year?

Total Gains per Share

HK$2.09

Return On Investment

28.4%

For what price can you sell your share?

Current Price per Share

HK$7.36

Expected price per share

HK$6.02 - HK$7.71

How sure are you?

50%

1. Valuation of Petrochina (5 min.)

Live pricePrice per Share (EOD)

HK$7.36

Book Value per Share

HK$9.63

Intrinsic Value Per Share

HK$-79.25 - HK$17.32

Total Value Per Share

HK$-69.63 - HK$26.94

My calculation of the intrinsic value of Petrochina is based how much money is coming from the company's main activities (Free Cash Flow).

The following numbers are based on moving averages and per share and per quarter.
I use a 6% discount rate for the low estimation and 3% for the high estimation.
The current Free Cash Flow Per Share is 10Y: (HK$0.24) 3Y: (HK$0.42) TTM: (HK$0.42)
The change per quarter (trend) of the Free Cash Flow Per Share is 10Y: (HK$0.00) 3Y: (HK$-0.15) TTM: (HK$-0.34)

Years	Total Low est.	Total High est.	Added Free Cash Flow
1	HK$-0.57	HK$1.70	HK$-1.53 - HK$1.75
2	HK$-3.36	HK$3.41	HK$-4.00 - HK$1.82
3	HK$-8.11	HK$5.13	HK$-6.47 - HK$1.89
4	HK$-14.59	HK$6.86	HK$-8.95 - HK$1.95
5	HK$-22.60	HK$8.60	HK$-11.42 - HK$2.02
6	HK$-31.93	HK$10.34	HK$-13.89 - HK$2.08
7	HK$-42.42	HK$12.08	HK$-16.36 - HK$2.15
8	HK$-53.89	HK$13.83	HK$-18.83 - HK$2.21
9	HK$-66.22	HK$15.58	HK$-21.30 - HK$2.28
10	HK$-79.25	HK$17.32	HK$-23.78 - HK$2.34

2. Growth of Petrochina (5 min.)

Is Petrochina growing?

	Current year	Previous year	Grow	Grow %
How rich?	$224.9b	$195.1b	$7.3b	3.6%

How much money is Petrochina making?

	Current year	Previous year	Grow	Grow %
Making money	$5.5b	$5.1b	$405.7m	7.3%
Net Profit Margin	5.3%	4.6%	-	-

How much money comes from the company's main activities?

Quarterly Yearly

3. Financial Health of Petrochina (5 min.)

4. Comparing to competitors in the Oil & Gas Integrated industry (5 min.)

Industry Rankings (Oil & Gas Integrated)

Richest
#3 / 52

Most Revenue
#4 / 52

Most Profit
#11 / 52

Most Efficient
#37 / 52

What can you expect buying and holding a share of Petrochina? (5 min.)

Welcome investor! Petrochina's management wants to use your money to grow the business. In return you get a share of Petrochina.

What can you expect buying and holding a share of Petrochina?

First you should know what it really means to hold a share of Petrochina. And how you can make/lose money.

Speculation

The Price per Share of Petrochina is HK$7.36. The market price reflects what other people think it is worth; not what it's really worth. Your job is to find out if the market price is fair, overpriced, or underpriced. I will help you with that.

If you buy blind, there is a 50% chance of making or losing money by selling the stock in the future. However, we can look at a few things to determine the odds in our favor:

The fundamentals: the financial health trends of Petrochina.
The technials: based on market psychology, we can make a calculated estimate of what the price will do in the future. We can do this through technical analysis. We can calculate the probabilities and the expected value (millionaire math). That's called speculation.
The book value: what is the market price compared to it's book value.

Investing

If you really want to invest in Petrochina, you will have to let go of the thought of selling in the future. If you have to sell the share for less than you bought it, it can still be a good investment. Focus on what it means to hold the stock forever:

You own a part of the company. The equity of this part can grow or shrink. The current Book Value per Share is HK$9.63. Based on the TTM, the Book Value Change Per Share is HK$0.39 per quarter. Based on the YOY, the Book Value Change Per Share is HK$0.15 per quarter.
You may receive quarterly/yearly dividend in the form of additional shares.
You may receive quarterly/yearly dividend in the form of cash. Based on the TTM the Dividend per Share is HK$0.13 per quarter.

Based on historical numbers we can estimate the returns while holding a share of Petrochina.

How much money are you going to get?

	MRQ		TTM		YOY		5Y		10Y
	HK$	% of Price per Share	HK$	% of Price per Share	HK$	% of Price per Share	HK$	% of Price per Share	HK$	% of Price per Share
Usd Eps	0.02	0.3%	0.03	0.4%	0.03	0.4%	0.02	0.2%	0.01	0.2%
Usd Book Value Change Per Share	0.16	2.2%	0.05	0.7%	0.02	0.3%	0.01	0.1%	0.01	0.1%
Usd Dividend Per Share	0.01	0.1%	0.02	0.2%	0.01	0.2%	0.01	0.1%	0.01	0.1%
Usd Total Gains Per Share	0.17	2.3%	0.07	0.9%	0.03	0.4%	0.02	0.3%	0.01	0.2%
Usd Price Per Share	0.66	-	0.67	-	0.47	-	0.49	-	0.66	-
Price to Earnings Ratio	7.41	-	5.71	-	4.21	-	6.74	-	20.96	-
Price-to-Total Gains Ratio	3.93	-	16.50	-	8.15	-	55.00	-	69.70	-
Price to Book Ratio	0.54	-	0.61	-	0.44	-	0.46	-	0.63	-
Price-to-Total Gains Ratio	3.93	-	16.50	-	8.15	-	55.00	-	69.70	-

When do you get the money?

Usd Investment	$.00
Usd Price Per Share	0.939872
Number of shares	1063

Gains per Quarter	Trailing 12 Months	5 Year
Usd Dividend Per Share	0.02	0.01
Usd Book Value Change Per Share	0.05	0.01
Usd Total Gains Per Share	0.07	0.02
Gains per Quarter (1063 shares)	71.03	20.26
Gains per Year (1063 shares)	284.13	81.05

Years	Return on Investment (TTM)			Return on Investment (5Y)
	Dividend	Book Value gain	Total gains	Dividend	Book Value gain	Total gains
Broker costs	-	-	-10	-	-	-10
1	72	212	274	46	35	71
2	144	425	558	92	70	152
3	215	637	842	138	105	233
4	287	849	1126	184	141	314
5	359	1062	1410	230	176	395
6	431	1274	1694	275	211	476
7	503	1486	1978	321	246	557
8	574	1699	2262	367	281	638
9	646	1911	2546	413	316	719
10	718	2123	2830	459	351	800

How sure are you?

Based on the past periods, how sure are you to get value out of your investment.

Linear %

	Trailing 12 Months				3Y				5 Year				10 Year				ALLTIME
				%				%				%				%				%
Earnings Per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	18.0	2.0	0.0	90.0%	37.0	3.0	0.0	92.5%	74.0	3.0	0.0	96.1%
Book Value Change Per Share	4.0	0.0	0.0	100.0%	9.0	3.0	0.0	75.0%	13.0	7.0	0.0	65.0%	24.0	16.0	0.0	60.0%	53.0	24.0	0.0	68.8%
Dividend per Share	4.0	0.0	0.0	100.0%	12.0	0.0	0.0	100.0%	19.0	0.0	1.0	95.0%	31.0	0.0	9.0	77.5%	56.0	0.0	21.0	72.7%
Total Gains per Share	4.0	0.0	0.0	100.0%	9.0	3.0	0.0	75.0%	15.0	5.0	0.0	75.0%	27.0	13.0	0.0	67.5%	57.0	20.0	0.0	74.0%

Fundamentals of Petrochina

About PetroChina Co Ltd Class H

https://www.petrochina.com.cn
Oil & Gas Integrated
0
9 Dongzhimen North Street, Beijing, China, 100007
Google Maps Bing Maps

PetroChina Company Limited, together with its subsidiaries, engages in a range of petroleum related products, services, and activities in Mainland China and internationally. It operates through Oil, Gas and New Energy Resource; Refining, Chemicals and New material; Marketing; and Natural Gas Sales segments. The Oil, Gas and New Energy Resource segment engages in the exploration, development, transportation, production, and marketing of crude oil and natural gas, as well as is involved in the new energy resource business. The Refining, Chemicals and New material segment refines crude oil and petroleum products; and produces and markets primary petrochemical products, derivative petrochemical products, and other chemical products. The Marketing segment is involved in the marketing of refined and non-oil products, and trading business. The Natural Gas Sales segment engages in the transportation and sale of natural gas. The company is also involved in the exploration, development, and production of oil sands and coalbed methane; trading of crude oil and petrochemical products; storage, chemical engineering, storage facilities, service station, and transportation facilities and related businesses; and production and sales of basic and derivative chemical, and other chemical products. The company was founded in 1999 and is headquartered in Beijing, the People's Republic of China. PetroChina Company Limited operates as a subsidiary of China National Petroleum Corporation.

Fundamental data was last updated by Penke on 2024-04-15 13:34:04.

Financial Health

Profitability Details

	Compared to previous year	Compared to industry
The company is making a profit.
Using its assets, the company is less efficient in making profit.
Using its investors money, the company is inefficient in making profit.

Operating Efficiency Details

	Compared to previous year	Compared to industry
The company is operating less efficient.
The company is inefficient in keeping operating costs low.

Liquidity Details

	Compared to previous year	Compared to industry
The company is just not able to pay all its short-term debts.
The company is just not able to pay all its short-term debts with the most liquid assets.

Solvency Details

	Compared to previous year	Compared to industry
The company is very able to pay all its debts by selling its assets.
The company is very able to pay all its debts with equity.

Valuation

Valuation Details

	Compared to previous year	Compared to industry
Based on the equity, the company is cheap.
Based on the earnings, the company is cheap.
Based on how much money comes from the company's main activities, the company is cheap.

1.1. Profitability of PetroChina Co Ltd Class H.

1.1. Profitability

1.1.1. Net Profit Margin

Measures how much net profit Petrochina earns for each $1 of revenue.

Above 10% is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
A Net Profit Margin of 4.0% means that $0.04 for each $1 in revenue is generated as profit.

Let's take a look of the Net Profit Margin trends of PetroChina Co Ltd Class H:

The MRQ is 4.0%. The company is making a profit. +1
The TTM is 5.3%. The company is making a profit. +1

Trends

Current period		Compared to		+/-
MRQ	4.0%	TTM	5.3%	-1.3%
TTM	5.3%	YOY	4.6%	+0.7%
TTM	5.3%	5Y	3.3%	+2.0%
5Y	3.3%	10Y	2.7%	+0.6%

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
MRQ	4.0%	5.7%	-1.7%
TTM	5.3%	7.0%	-1.7%
YOY	4.6%	8.7%	-4.1%
5Y	3.3%	3.3%	+0.0%
10Y	2.7%	3.0%	-0.3%

Measures how much net profit Petrochina earns for each $1 of revenue.

Revenue is the amount of profit Petrochina generates before taxes and all other costs. For example, when you buy a cup of coffee it will cost you $3. The company does not earn $3 in profit but also has to pay various costs and taxes to create that cup of coffee. Let's assume the cost of creating a cup of coffee is $1.5.

The $3 you pay for a cup of coffee is called revenue.
The $1.5 that’s left over when all costs to create that cup of coffee (including taxes) are deduced from the revenue is called net profit.

The net profit margin looks at how much net profit Petrochina earns for each $1 in revenue.

How to use net profit margin

Higher profit margin is better (more profit).
Above 10% is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
Can be used to compare companies within the Oil & Gas Integrated industry.

You typically want a high profit margin. This means that for each $1 in sales, Petrochina makes more profit. This shows the investor how efficiently Petrochina is operating in general and compared to other companies in the same industry. Petrochina operates in the Oil & Gas Integrated industry.

Why do investors use net profit margin in their analysis

It helps investors to determine the efficiency of Petrochina. If profit margins remain low (compared to the Oil & Gas Integrated industry mean) and there are no improvements to make in production costs or other areas that might be a warning sign. If profit margins are high that means the company has low overhead costs and is efficiently using its resources to generate profit.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Net Profit Margin of Petrochina is 0.04. This means that Petrochina earned $0.04 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Net Profit Margin of the Oil & Gas Integrated industry is 5.7%.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare Petrochina with other companies in the same industry (Oil & Gas Integrated).
Net profit margin should rise over the years.
Can be influenced when Petrochina sells assets (profit will increase while costs remain the same).
It won’t show what part of Petrochina is doing great or needs improvement (it only looks at total revenue and total net income).

How to calculate net profit margin

Net profit margin = net income / total revenue * 100%

Real example of Petrochina

You need the following data to determine net profit margin:

Income statement from the period you want to calculate (for example, MRQ or TTM).

Net income MRQ Petrochina = 29,493,000
Total revenue MRQ Petrochina = 728,877,000
$29,493,000 / $728,877,000 = 0.04 or 4.0%

Higher is better

The higher the net profit margin, the more efficient the company is generating income. This helps investors to determine how the company is managing money. The net profit margin is an important indicator when diving into the financial health of a company. Overall, you want to see the net profit margin rising over the years. That means the company improved their production and made it more efficient (if possible).

You can use the net profit margin to compare companies within the same industry. If there are two companies where one is much bigger but the smaller one has a higher net profit margin, that means the smaller company is more efficiently using operational costs.

Important: Profit margins can be very different between industries. Companies with assembly lines or transports are much more prone to see shifting in prices for fuel, ingredients and maintenance compared to companies that only provide services. You should never compare net profit margin between different industries.

1.1.2. Return on Assets

Shows how efficient Petrochina is using its assets to generate profit.

Above 5% is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
1.1% Return on Assets means that Petrochina generated $0.01 profit for each $1 in assets.

Let's take a look of the Return on Assets trends of PetroChina Co Ltd Class H:

The MRQ is 1.1%. Using its assets, the company is less efficient in making profit.
The TTM is 1.5%. Using its assets, the company is less efficient in making profit.

Trends

Current period		Compared to		+/-
MRQ	1.1%	TTM	1.5%	-0.4%
TTM	1.5%	YOY	1.4%	+0.1%
TTM	1.5%	5Y	1.0%	+0.4%
5Y	1.0%	10Y	0.7%	+0.3%

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
MRQ	1.1%	1.8%	-0.7%
TTM	1.5%	1.9%	-0.4%
YOY	1.4%	2.4%	-1.0%
5Y	1.0%	1.0%	+0.0%
10Y	0.7%	0.8%	-0.1%

Shows how efficient Petrochina is using its assets to generate profit.

For a farm, a tractor is considered an asset. The tractor helps ploughing the land making it possible to plant and harvest crops. But the tractor might be old and needing maintenance all the time reducing its efficiency. Return on assets indicates how effectively the farm is using the tractor (and other assets that help the core business) to plough the land.

How to use return on assets

Higher is better.
Above 5% is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on assets in their analysis

Shows the investor how effectively Petrochina is using its resources to generate profit. If the return on assets (1.1%) from Petrochina are higher than the Oil & Gas Integrated mean (1.8%) that means Petrochina is using its resources better than their competitors. If not, that means their competitors are more efficient in using their resources to generate profit.

An investor should always look at:

What is the current return on assets?
The current most recent quarter (MRQ) Return on Assets of Petrochina is 1.1%. This means the company generated $0.01 for each $1 in assets.
How does it compare to the industry?
The mean MRQ Return on Assets of the Oil & Gas Integrated industry is 1.8%.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
If a company has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

How to calculate return on assets

Return on assets = net income / total assets * 100%

Real example Petrochina

You need the following data to determine return on assets (ROA):

Income statement
Balance sheet

Net income MRQ (income statement) from Petrochina = 29,493,000
Total assets MRQ (balance sheet) from Petrochina = 2,752,710,000
29,493,000 / 2,752,710,000 = 0.01 or 1.1%

ROA is an important ratio as it will tell you how effectively Petrochina is using its resources to generate profits. Example:

Bob and Kristin both sell ice cream in the summer. They both have an ice cream truck. The truck Bob owes cost him $20.000 and the truck Kristin owes cost her $1500. Over the summer, Bob earned $2000 and Kristin earned $200. To calculate the return on assets:

Bob: $2000 / $20.000 * 100% = 10%
Kristin: $200 / $1500 * 100% = 13.3%

This tells you Bob’s company is more valuable but Kristin's company is more efficient. Be aware that total assets can change over time. A transportation business will buy and sell trucks or planes all the time. Before using return on assets as a guideline, you have to know what the exact assets are. For a company that has many assets changing over time, it’s better to calculate the average assets instead of the total assets.

1.1.3. Return on Equity

Shows how efficient Petrochina is using its investors money to generate profit.

Above 15%-20% is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
2.0% Return on Equity means Petrochina generated $0.02 for each $1 the owners (shareholders) invested.

Let's take a look of the Return on Equity trends of PetroChina Co Ltd Class H:

The MRQ is 2.0%. Using its investors money, the company is inefficient in making profit. -1
The TTM is 2.8%. Using its investors money, the company is inefficient in making profit. -1

Trends

Current period		Compared to		+/-
MRQ	2.0%	TTM	2.8%	-0.8%
TTM	2.8%	YOY	2.8%	+0.0%
TTM	2.8%	5Y	2.1%	+0.8%
5Y	2.1%	10Y	1.5%	+0.5%

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
MRQ	2.0%	4.3%	-2.3%
TTM	2.8%	4.6%	-1.8%
YOY	2.8%	6.0%	-3.2%
5Y	2.1%	2.4%	-0.3%
10Y	1.5%	1.7%	-0.2%

Shows how efficient Petrochina is using its investors money to generate profit.

A publicly traded company (any company that issues shares to the public) is owned by its shareholders. Return on equity calculates the amount of profit for every $1 the shareholders invested.

How to use return on equity

Higher is better.
Above 15%-20% is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use return on equity in their analysis

To find out the owners/management's attitude toward their company. You typically want the owners/management to invest in the company and focus on generating profit. If not enough profit is generated (compared to the Oil & Gas Integrated industry mean), the company might not be investing their money efficiently.

The three steps every investor should look at:

What is the current return on equity?
The current most recent quarter (MRQ) Return on Equity of Petrochina is 2.0%. This means Petrochina generated $0.02 for each $1 the owners (shareholders) invested.
How does it compare to the industry?
The mean MRQ Return on Equity of the Oil & Gas Integrated industry is 4.3%.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if Petrochina existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Does not include intangible assets (non physical assets like licences, computer software, etc.).
Stockholders equity and shareholders equity refer to the same thing.
Liabilities should not be more than three times return on equity.

How to calculate return on equity

Return on equity = net profit / shareholders equity * 100%

Real example of Petrochina

You need the following data to determine ROE:

Income statement
Balance sheet
Net profit MRQ (income statement) Petrochina = 29,493,000
Shareholders equity (balance sheet) MRQ Petrochina = 1,446,410,000
29,493,000 / 1,446,410,000 = 0.02 or 2.0%

A negative shareholder equity is a warning sign. It means the company has more liabilities than assets. It might also mean that the owners did not invest enough money or they are taking money out of the business.

1.2. Operating Efficiency of PetroChina Co Ltd Class H.

1.2. Operating Efficiency

1.2.1. Operating Margin

Measures how efficient Petrochina is operating .

Measures how much profit Petrochina makes for each $1 of sales after paying variable costs (production costs, wages, etc) but before taxes.
Above 15% is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
An Operating Margin of 0.0% means the company generated $0.00 for each $1 in revenue (before taxes).

Let's take a look of the Operating Margin trends of PetroChina Co Ltd Class H:

The MRQ is 0.0%. The data is not here.

Trends

Current period		Compared to		+/-
MRQ	-	TTM	6.1%	-6.1%
TTM	6.1%	YOY	5.3%	+0.7%
TTM	6.1%	5Y	4.7%	+1.3%
5Y	4.7%	10Y	3.5%	+1.2%

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
MRQ	-	11.6%	-11.6%
TTM	6.1%	13.1%	-7.0%
YOY	5.3%	15.8%	-10.5%
5Y	4.7%	8.5%	-3.8%
10Y	3.5%	8.0%	-4.5%

Measures how efficient Petrochina is operating .

The more effecient a company creates products or provides services, the more profit it generates.

How to use operating margin

Higher is better
Above 15% is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
Can be very different between industries
Can be used to compare companies

Why do investors use operating margin in their analysis

To determine how much profit Petrochina is making from it’s core business.

The three steps every investor should look at:

What is the current net profit margin?
The current most recent quarter (MRQ) Operating Margin of Petrochina is 0.0%. This means that Petrochina earned $0.00 for each $1 in revenue in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Margin of the Oil & Gas Integrated industry is 11.6%.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Can be calculated in different ways

How to calculate operating margin

Operating margin = operating earnings / total revenue

Real example of Petrochina

You need the following data to determine operating margin:

Income statement
Operating earnings MRQ Petrochina = 87,693,000
Total revenue MRQ Petrochina = 728,877,000
$87,693,000 / $728,877,000 = 0.00 or 0.0%

Operating margin is used to calculate how much profit a company makes after variable costs of production but before paying interest and taxes. Some variable costs examples are wages, raw materials, packaging, and transaction fees. The amount of variable costs is different for each company and industry. In general, a higher operating margin is better as this implicates that a company is running efficiently.

For investors, a higher operating margin is a good sign. Although you should always look at operating margin in the long term. If operating margin is fluctuating over the years this might be a sign that things are not running efficiently enough. It’s a way to check how much profit a company is making from its core business.

Operation earnings can be calculated in multiple ways:

Operation earnings = EBIT - non operating income + non operating expense
Operation earnings = Gross profit - operating expense - depreciation and amortisation
Operation earnings = Total revenue - COGS (costs of goods sold) - indirect costs

1.2.2. Operating Ratio

Measures how efficient Petrochina is keeping operating costs low.

Below 1 is considered healthy (always compare to Oil & Gas Integrated industry mean).
An Operation Ratio of 1.59 means that the operating costs are $1.59 for each $1 in net sales.

Let's take a look of the Operating Ratio trends of PetroChina Co Ltd Class H:

The MRQ is 1.587. The company is inefficient in keeping operating costs low. -1
The TTM is 1.594. The company is inefficient in keeping operating costs low. -1

Trends

Current period		Compared to		+/-
MRQ	1.587	TTM	1.594	-0.007
TTM	1.594	YOY	1.648	-0.055
TTM	1.594	5Y	1.563	+0.030
5Y	1.563	10Y	1.271	+0.292

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
MRQ	1.587	0.961	+0.626
TTM	1.594	0.917	+0.677
YOY	1.648	0.900	+0.748
5Y	1.563	0.951	+0.612
10Y	1.271	0.960	+0.311

Measures how efficient Petrochina is keeping operating costs low.

If the operating ratio is below 1 that means the company is making money. The lower the operating ratio, the more efficient the company.

How to use operating ratio

Lower is better.
Below 1 is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use operating ratio in their analysis

Shows if costs of creating products and or services is increasing or decreasing. The lower the operating ratio, the more efficient the company is creating products and services.

The three steps every investor should look at:

What is the current Operatin ratio?
The current most recent quarter (MRQ) Operating Ratio of Petrochina is 158.7%. This means that Petrochina earned $1.59 for each $1 in net sales in the most recent quarter.
How does it compare to the industry?
The mean MRQ Operating Ratio of the Oil & Gas Integrated industry is 0.96.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
You need COGS to calculate operating ratio which is not always shown in the income statement.
Does not consider debt.

How to calculate operating ratio

Operating ratio = Operating expenses + COGS \ Net sales

Real life example Petrochina

You need the following data to determine operating ratio:

Income statement

COGS is not always specified on the income statement. If so you can use the following calculation:

(cost of revenue + total operating expenses) \ total revenue
(515,464,000 +641,184,000) \ 728,877,000 = 1.59

The operating ratio measures the efficiency of a company at keeping low costs while generating profits from sales. It compares the total operating expenses to the net amount of sales. The total operating expenses exists of:

COGS (materials, labour, rent of facility, repairs)
Operating expenses (legal fees, marketing, wages, rent, maintenance/repairs)

Operating expenses are all the costs the company makes that are not directly tied to the production of the service or product. Where COGS are costs that are directly tied to the production of a product or service.

Do note that COGS is not always available in the income statement. Some companies include COGS in the operating expenses while others list COGS separately. To make it even more confusing, COGS is also known as “costs of sales” and costs of sales is the same as costs of revenue.

The operating ratio tells you how efficient the company is creating its products or services while keeping prices low. In this case, a lower ratio is better. Higher or rising operating ratios might tell you that costs are rising while sales are not improving or staying the same.

1.3. Liquidity of PetroChina Co Ltd Class H.

1.3. Liquidity

1.3.1. Current Ratio

Measures if Petrochina is able to pay off Short-term Debt.

Above 1.5 is considered healthy (always compare to Oil & Gas Integrated industry mean).
A Current Ratio of 0.96 means the company has $0.96 in assets for each $1 in short-term debts.

Let's take a look of the Current Ratio trends of PetroChina Co Ltd Class H:

The MRQ is 0.956. The company is just not able to pay all its short-term debts. -1
The TTM is 0.966. The company is just not able to pay all its short-term debts. -1

Trends

Current period		Compared to		+/-
MRQ	0.956	TTM	0.966	-0.010
TTM	0.966	YOY	1.001	-0.035
TTM	0.966	5Y	0.888	+0.078
5Y	0.888	10Y	0.829	+0.059

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
MRQ	0.956	1.300	-0.344
TTM	0.966	1.366	-0.400
YOY	1.001	1.255	-0.254
5Y	0.888	1.300	-0.412
10Y	0.829	1.325	-0.496

Measures if Petrochina is able to pay off Short-term Debt.

How to use current ratio

Higher is better
Above 1.5 is considered healthy (always compare to Oil & Gas Integrated industry mean).
Can be very different between industries
Can be used to compare companies

Why do investors use current ratio in their analysis

Shows if the company can pay of short term debts if needed. A company that can't pay off it's short term debts might get in trouble if they have to pay off their short term debts for whatever reason. For example, markets can change due to global events like covid-19 or the war in Ukraine versus Russia. Because debts are always taken based on future income, it might become troublesome for Petrochina if something happens in the market that will cause sales to plummet.

The three steps every investor should look at:

What is the current current Ratio?
The current most recent quarter (MRQ) Current Ratio of Petrochina is 0.96. This means Petrochina has $0.96 in assets for each $1 in short-term debts.
How does it compare to the industry?
The mean MRQ Current Ratio of the Oil & Gas Integrated industry is 1.30.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Might be deluded.
Not all assets can always be quickly sold.
Can be manipulated by increasing or decreasing the assets and/or liabilities.

How to calculate current ratio

Current ratio = current assets \ current liabilities

Real life example Petrochina

You need the following data to determine operating ratio:

Balance sheet
Current ratio = current assets \ current liabilities
658,520,000 \ 689,007,000) = 0.96

The current ratio measures if Petrochina is able to pay short-term debts (obligations). Short term in this context means all debt obligations that are about to expire within one year. The current ratio incorporates current liabilities and current assets. Current assets are all the assets a company has that are expected to be consumed or sold within standard business operations. You can find the current assets in the balance sheet. They consist of:

Inventory
Accounts receivable
Marketable securities
Prepaid expenses
Cash
Cash equivalents
liquid assets

The current liabilities are short term obligations that are due within one year. These consist of:

Short term debts
Dividends
Income taxes
Short-term debts
Accounts payable
Interest payments

The result shows an investor if Petrochina is able to pay all its short-term debts if they were due all at once. When the result of the above formula is below 1, then Petrochina does not have enough capital after selling all its assets to pay all short-term debts. If the ratio drops far below 1 that might indicate Petrochina is or will be in financial trouble anytime soon.

Although this gives an investor some clues, the current ratio may also be deluded. Because owning assets does not mean the company can easily sell them. Also, Accounts receivable may be quite old (they will probably never pay) which deludes the current ratio. As with all ratios, you should only compare them between the same industries and companies.

1.3.2. Quick Ratio

Measures if Petrochina is able to pay off Short-term Debt but only using the most liquid assets.

Above 1 is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
A Quick Ratio of 0.11 means the company can pay off $0.11 for each $1 in debt (using most liquid assets).

Let's take a look of the Quick Ratio trends of PetroChina Co Ltd Class H:

The MRQ is 0.111. The company is just not able to pay all its short-term debts with the most liquid assets. -1
The TTM is 0.509. The company is just not able to pay all its short-term debts with the most liquid assets. -1

Trends

Current period		Compared to		+/-
MRQ	0.111	TTM	0.509	-0.398
TTM	0.509	YOY	0.557	-0.048
TTM	0.509	5Y	0.468	+0.041
5Y	0.468	10Y	0.322	+0.146

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
MRQ	0.111	0.760	-0.649
TTM	0.509	0.779	-0.270
YOY	0.557	0.778	-0.221
5Y	0.468	0.781	-0.313
10Y	0.322	0.806	-0.484

Measures if Petrochina is able to pay off Short-term Debt but only using the most liquid assets.

How to use quick ratio

Higher is better.
Above 1 is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use quick ratio in their analysis

Shows how fast Petrochina can pay off its short term debts. This shows if Petrochina can survive emergencies due to market changes or other reasons.

The three steps every investor should look at:

What is the current Quick Ratio?
The current most recent quarter (MRQ) quickRatio of Petrochina is 0.11. This means that Petrochina can pay off $0.11 for each $1 in debt (using most liquid assets).
How does it compare to the industry?
The mean MRQ Quick Ratio of the Oil & Gas Integrated industry is 0.76.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Incorporates only most liquid assets.

How to calculate quick ratio

Quick ratio = cash and equivalents + marketable securities + accounts receivable / current liabilities

Real life example Petrochina

You need the following data to determine operating ratio:

Balance sheet
Quick ratio = cash and short-term investments + short-term investments + netReceivables / total current liabilities
MRQ quick ratio Petrochina: (0 + 7,404,000 +68,761,000) / 689,007,000 = 0.11

The quick ratio measures the same thing as the current ratio, only it uses the most liquid assets a company has. Meaning, the assets that can be sold for cash the easiest and fastest.

As the quick ratio only incorporates the most liquid assets, you should also check the current ratio which also includes less liquid assets. But they may be harder to sell.

1.4. Solvency of PetroChina Co Ltd Class H.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Measures how much % of Petrochina assets are financed with debt.

Below 1 (100%) is considered healthy but always compare Petrochina to Oil & Gas Integrated industry mean.
A Debt to Asset Ratio of 0.41 means that Petrochina assets are financed with 40.8% credit (debt) and the remaining percentage (100% - 40.8%) is financed by its owners/shareholders.

Let's take a look of the Debt to Asset Ratio trends of PetroChina Co Ltd Class H:

The MRQ is 0.408. The company is very able to pay all its debts by selling its assets. +2
The TTM is 0.465. The company is very able to pay all its debts by selling its assets. +2

Trends

Current period		Compared to		+/-
MRQ	0.408	TTM	0.465	-0.057
TTM	0.465	YOY	0.478	-0.013
TTM	0.465	5Y	0.470	-0.006
5Y	0.470	10Y	0.453	+0.017

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
MRQ	0.408	0.528	-0.120
TTM	0.465	0.524	-0.059
YOY	0.478	0.567	-0.089
5Y	0.470	0.543	-0.073
10Y	0.453	0.528	-0.075

Measures how much % of Petrochina assets are financed with debt.

When there are more debts than assets, that means creditors have a larger stake Petrochina than its shareholders.

How to use debt to asset ratio

Lower is better.
below 1 (100%) is considered healthy but always compare Petrochina to Oil & Gas Integrated industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to asset ratio in their analysis

It shows how much debt the company used to finance its assets. If a company is almost entirely financed with debt that means the company might get into serious trouble when emergencies arise like a raise in interest.

The three steps every investor should look at:

What is the current debt to asset ratio?
The current most recent quarter (MRQ) Debt to Asset Ratio of Petrochina is 0.41. This means means that Petrochina is financed with 40.8% credit and the remaining percentage is financed by it's owners (shareholders).
How does it compare to the industry?
The mean MRQ Current Ratio of the Oil & Gas Integrated industry is 130.0%.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry
Some companies can have higher debt to assets ratio's (for example, banks).
Debt to asset ratio should improve over the years.
If the debt to asset ratio is above 1, look at the industry mean and find out why Petrochina has so much debt.

How to calculate debt to asset ratio

Debt to asset ratio = total debt \ total assets

Real life example Petrochina

You need the following data to determine debt to asset ratio:

Balance sheet
Debt to asset ratio = total debt \ total assets
1,122,089,000 \ 2,752,710,000 = 40.8% or 0.41.

The debt to total assets ratio shows if the company is owned by creditors or shareholders. Or in other words, the total debt in relation to the total amount of assets. It shows how much debt the company used to finance its assets.

1.4.2. Debt to Equity Ratio

Measures if Petrochina is able to pay off its debts by using shareholders equity.

Below 2 is considered healthy but always compare Petrochina to the Oil & Gas Integrated industry mean.
A Debt to Equity ratio of 77.6% means that company has $0.78 debt for each $1 in shareholders equity.

Let's take a look of the Debt to Equity Ratio trends of PetroChina Co Ltd Class H:

The MRQ is 0.776. The company is very able to pay all its debts with equity. +2
The TTM is 0.896. The company is very able to pay all its debts with equity. +2

Trends

Current period		Compared to		+/-
MRQ	0.776	TTM	0.896	-0.121
TTM	0.896	YOY	0.970	-0.074
TTM	0.896	5Y	0.972	-0.075
5Y	0.972	10Y	0.929	+0.043

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
MRQ	0.776	1.136	-0.360
TTM	0.896	1.136	-0.240
YOY	0.970	1.342	-0.372
5Y	0.972	1.266	-0.294
10Y	0.929	1.174	-0.245

Measures if Petrochina is able to pay off its debts by using shareholders equity.

How to use debt to equity ratio

Lower is better.
Below 2 is considered healthy (always use industry average).
Can be very different between industries.
Can be used to compare companies.

Why do investors use the debt to shareholders equity ratio in their analysis

It shows how much debt the company uses to finance their operations. Shareholders equity is whats left over when you subtract total liabilities from total assets. It's another way to meassure how much of Petrochina is financed with debt or own resources.

The three steps every investor should look at:

What is the current debt to equity ratio?
The current most recent quarter (MRQ) quickRatio of Petrochina is 0.78. This means that Petrochina can pay off $0.78 for each $1 in debt.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Oil & Gas Integrated industry is 1.14.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Not all debt is equally risky (for example, short term risk is less risky).

How to calculate debt to equity ratio

Debt to equity ratio = total debt \ shareholders equity.

Real life example Petrochina

You need the following data to determine equity ratio:

Balance sheet
Debt to equity ratio = total debt \ shareholders equity
1,122,089,000 \ 1,446,410,000 = 0.78 or 77.6%

Debt to equity measures the total debt versus the total shareholders equity. While the total debts to total assets ratio uses total assets, the debt to equity ratio looks at the total equity of shareholders. Where equity of shareholders are:

Common shares.
Preferred shares.
Retained earnings.

You can find the shareholders' equity in the balance sheet. A ratio between 0,5 and 1,5 is preferred. If the ratio is above 1.5, that would indicate creditors have significantly more stake (debt) in the company than the shareholders. In other words, the company is using a lot of debt to finance their operations.

Not all debt is equally risky. Meaning you can adjust the ratio by including or excluding certain amounts of debt. Short term debts are less risky because they have to be paid back within one year anyway. It’s much easier to plan one year ahead versus five or ten years.

2. Market Valuation of PetroChina Co Ltd Class H

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Measures how much money you pay for each share for every $1 in earnings Petrochina generates.

Above 15 is considered overpriced but always compare Petrochina to the Oil & Gas Integrated industry mean.
A PE ratio of 7.41 means the investor is paying $7.41 for every $1 in earnings.

Let's take a look of the Price to Earnings Ratio trends of PetroChina Co Ltd Class H:

The EOD is 10.569. Based on the earnings, the company is underpriced. +1
The MRQ is 7.409. Based on the earnings, the company is cheap. +2
The TTM is 5.705. Based on the earnings, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	10.569	MRQ	7.409	+3.159
MRQ	7.409	TTM	5.705	+1.704
TTM	5.705	YOY	4.213	+1.493
TTM	5.705	5Y	6.735	-1.030
5Y	6.735	10Y	20.962	-14.227

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
EOD	10.569	8.676	+1.893
MRQ	7.409	7.864	-0.455
TTM	5.705	8.310	-2.605
YOY	4.213	5.554	-1.341
5Y	6.735	8.424	-1.689
10Y	20.962	11.071	+9.891

Measures how much money you pay for each share for every $1 in earnings Petrochina generates.

Indicates if the company’s shares are under or overvalued.

How to use PE ratio

Above 15 is considered overpriced but is hard to determine. Always compare Petrochina to the Oil & Gas Integrated industry mean.
Can be very different between industries.
Can be used to compare companies.

Why do investors use PE ratio in their analysis

The PE ratio tells investors the current sentiment in the market for that company. As with every stock, the stock price never shows the real valuation of a company but rather how the market thinks how much the stock is worth.

In other words, the current stock price also incorporates any future earnings or business opportunities in the future. The best example is the stock market crash in 2000. The PE ratio for any internet based company was going through the roof. Only based on the general assumption the internet and all associated businesses would thrive in the future. But this was based on nothing. A business still needs a good product or service to be able to survive. Instead, every investor bought any stock which did something related to the internet. Result: huge market crash.

Many investors were willing to pay premium prices and that was causing the PE ratio to rise. A high PE ratio is a warning sign that investors might be overvaluing a stock based on future earnings.

The three steps every investor should look at:

What is the current PE Ratio?
The current most recent quarter (MRQ) PE Ratio of Petrochina is 7.41. This means the investor is paying $7.41 for every $1 in earnings.
How does it compare to the industry?
The mean MRQ Quick Ratio of the Oil & Gas Integrated industry is 7.86.
What is the trend?
The trend is important because it shows you how Petrochina is performing over time. The most recent quarter might be important if Petrochina released a new product or service. And you can use MRQ to see if they performed better vs last year. You can find all the trends for Petrochina up to 10 years back (depending if the company existed 10 years ago) when you exit this learning section.

Things to be aware of

Only compare with other companies in the same industry.
Some industries might have very high or very low PE ratios in general.
PE ratios can be high for several years, it does not mean a sudden collapse is imminent.
Earnings growth is not included in the PE ratio.

How to calculate PE ratio

PE ratio = market value per share \ earnings per share

Real life example Petrochina

You need the following data to determine the PE ratio:

Balance sheet
Income statement

The PE ratio is a very commonly used ratio to determine the value of a company by comparing the current stock price relative to its earnings per share (EPS). Before we can calculate the PE ratio we need to know the EPS. EPS is calculated as follows:

EPS = (net profit - preferred dividends) \ end of period outstanding shares*
Net profit = revenue - expenses
0 \ 183,020,978 = EPS
PE ratio MRQ = 7.41

* The net profit minus preferred dividends can be found in the incomestatement as netIncomeApplicableToCommonShares.

The PE value helps investors to determine if the current stock price is under or overvalued. It also projects future growth.

In general, a higher PE ratio means that investors predict higher future growth. If the PE ratio is too high, then investors expect way too much future growth the company can never fulfil. This is most likely to happen in faster moving companies like tech companies or automobile companies like Tesla. These are hot and booming markets where investors expect much future growth driven by new technology (electric cars). When looking at the current MRQ (most recent quarter) PE ratio of Tesla ( jan. 2021) it's about 247 while the average in the industry is only 6. That might be a clue that Tesla is trading for way too high prices compared to their current assets and is more based on future growth.

2.2. Price To Free Cash Flow Ratio

Let's take a look of the Price To Free Cash Flow Ratio trends of PetroChina Co Ltd Class H:

The EOD is 37.772. Based on how much money comes from the company's main activities, the company is fair priced.
The MRQ is 26.482. Based on how much money comes from the company's main activities, the company is underpriced. +1
The TTM is 8.770. Based on how much money comes from the company's main activities, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	37.772	MRQ	26.482	+11.291
MRQ	26.482	TTM	8.770	+17.712
TTM	8.770	YOY	2.276	+6.494
TTM	8.770	5Y	6.955	+1.815
5Y	6.955	10Y	6.494	+0.462

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
EOD	37.772	6.272	+31.500
MRQ	26.482	5.344	+21.138
TTM	8.770	5.397	+3.373
YOY	2.276	5.349	-3.073
5Y	6.955	6.504	+0.451
10Y	6.494	7.661	-1.167

2. Book Value per Share

2.3. Price to Book Ratio

Measures if the stock price of Petrochina is to cheap or to expensive compared to its book value.

At or below 1 is considered healthy (always compare to Oil & Gas Integrated industry mean).
A PB ratio of 0.54 means the investor is paying $0.54 for each $1 in book value.

Let's take a look of the Price to Book Ratio trends of PetroChina Co Ltd Class H:

The EOD is 0.765. Based on the equity, the company is cheap. +2
The MRQ is 0.536. Based on the equity, the company is cheap. +2
The TTM is 0.612. Based on the equity, the company is cheap. +2

Trends

Current period		Compared to		+/-
EOD	0.765	MRQ	0.536	+0.229
MRQ	0.536	TTM	0.612	-0.076
TTM	0.612	YOY	0.437	+0.176
TTM	0.612	5Y	0.462	+0.150
5Y	0.462	10Y	0.634	-0.171

Compared to industry (Oil & Gas Integrated)

Period	Company	Industry (mean)	+/-
EOD	0.765	1.203	-0.438
MRQ	0.536	0.991	-0.455
TTM	0.612	1.025	-0.413
YOY	0.437	1.069	-0.632
5Y	0.462	1.017	-0.555
10Y	0.634	1.123	-0.489

2. Total Gains per Share

3. Summary

3.1. Key Performance Indicators

The key performance indicators of PetroChina Co Ltd Class H compared to the Most Recent Quarter (MRQ).

	End of day	+/-	Most Recent Quarter	Trailing 12 Months	+/-	Year-Over-Year	+/-	5 Year	+/-	10 Year	+/-
Book Value Change Per Share	-	-	1.252	0.391	+220%	0.151	+731%	0.065	+1835%	0.056	+2124%
Book Value Per Share	-	-	9.626	8.664	+11%	8.348	+15%	8.292	+16%	8.243	+17%
Current Ratio	-	-	0.956	0.966	-1%	1.001	-5%	0.888	+8%	0.829	+15%
Debt To Asset Ratio	-	-	0.408	0.465	-12%	0.478	-15%	0.470	-13%	0.453	-10%
Debt To Equity Ratio	-	-	0.776	0.896	-13%	0.970	-20%	0.972	-20%	0.929	-16%
Dividend Per Share	-	-	0.063	0.132	-52%	0.105	-40%	0.085	-26%	0.054	+16%
Eps	-	-	0.174	0.238	-27%	0.220	-21%	0.138	+26%	0.103	+70%
Free Cash Flow Per Share	-	-	0.049	0.423	-88%	0.732	-93%	0.358	-86%	0.235	-79%
Free Cash Flow To Equity Per Share	-	-	0.049	0.122	-60%	0.501	-90%	0.183	-73%	0.091	-46%
Gross Profit Margin	-	-	1.000	1.000	0%	1.000	0%	1.000	0%	1.000	0%
Intrinsic Value_10Y_max	-	-	17.319	-	-	-	-	-	-	-	-
Intrinsic Value_10Y_min	-	-	-79.252	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_max	-	-	1.698	-	-	-	-	-	-	-	-
Intrinsic Value_1Y_min	-	-	-0.571	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_max	-	-	5.131	-	-	-	-	-	-	-	-
Intrinsic Value_3Y_min	-	-	-8.109	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_max	-	-	8.598	-	-	-	-	-	-	-	-
Intrinsic Value_5Y_min	-	-	-22.597	-	-	-	-	-	-	-	-
Market Cap	155287899996.160	-508%	944388245540.880	966808315331.570	-2%	667569016594.550	+41%	704045169788.572	+34%	938597505095.128	+1%
Net Profit Margin	-	-	0.040	0.053	-24%	0.046	-12%	0.033	+22%	0.027	+50%
Operating Margin	-	-	-	0.061	-100%	0.053	-100%	0.047	-100%	0.035	-100%
Operating Ratio	-	-	1.587	1.594	0%	1.648	-4%	1.563	+1%	1.271	+25%
Pb Ratio	0.765	+30%	0.536	0.612	-12%	0.437	+23%	0.462	+16%	0.634	-15%
Pe Ratio	10.569	+30%	7.409	5.705	+30%	4.213	+76%	6.735	+10%	20.962	-65%
Price Per Share	7.360	+30%	5.160	5.283	-2%	3.648	+41%	3.845	+34%	5.153	+0%
Price To Free Cash Flow Ratio	37.772	+30%	26.482	8.770	+202%	2.276	+1063%	6.955	+281%	6.494	+308%
Price To Total Gains Ratio	5.599	+30%	3.925	16.498	-76%	8.149	-52%	55.004	-93%	69.701	-94%
Quick Ratio	-	-	0.111	0.509	-78%	0.557	-80%	0.468	-76%	0.322	-66%
Return On Assets	-	-	0.011	0.015	-27%	0.014	-22%	0.010	+4%	0.007	+43%
Return On Equity	-	-	0.020	0.028	-28%	0.028	-27%	0.021	-1%	0.015	+35%
Total Gains Per Share	-	-	1.315	0.523	+151%	0.256	+414%	0.149	+781%	0.111	+1088%
Usd Book Value	-	-	224972017956.680	202489282009.350	+11%	195100179105.790	+15%	193917594279.570	+16%	190548289871.359	+18%
Usd Book Value Change Per Share	-	-	0.160	0.050	+220%	0.019	+731%	0.008	+1835%	0.007	+2124%
Usd Book Value Per Share	-	-	1.229	1.106	+11%	1.066	+15%	1.059	+16%	1.053	+17%
Usd Dividend Per Share	-	-	0.008	0.017	-52%	0.013	-40%	0.011	-26%	0.007	+16%
Usd Eps	-	-	0.022	0.030	-27%	0.028	-21%	0.018	+26%	0.013	+70%
Usd Free Cash Flow	-	-	1138504344.160	9881719646.150	-88%	17109504541.420	-93%	8372463266.260	-86%	5491507134.417	-79%
Usd Free Cash Flow Per Share	-	-	0.006	0.054	-88%	0.093	-93%	0.046	-86%	0.030	-79%
Usd Free Cash Flow To Equity Per Share	-	-	0.006	0.016	-60%	0.064	-90%	0.023	-73%	0.012	-46%
Usd Market Cap	19830264829.510	-508%	120598378955.570	123461421867.842	-2%	85248563419.124	+41%	89906568182.001	+34%	119858901400.648	+1%
Usd Price Per Share	0.940	+30%	0.659	0.675	-2%	0.466	+41%	0.491	+34%	0.658	+0%
Usd Profit	-	-	4069063090.440	5558141784.880	-27%	5152380602.600	-21%	3742412231.832	+9%	2650495921.411	+54%
Usd Revenue	-	-	100561031369.160	103855133371.240	-3%	111724603155.590	-10%	104824041682.310	-4%	86885755094.622	+16%
Usd Total Gains Per Share	-	-	0.168	0.067	+151%	0.033	+414%	0.019	+781%	0.014	+1088%
	EOD	+2 -6	MRQ	TTM	+12 -23	YOY	+13 -22	5Y	+18 -17	10Y	+24 -11

3.2. Fundamental Score

Let's check the fundamental score of PetroChina Co Ltd Class H based on Penke's default stock scanner.

Penke's Stock Scanner

Indicator	Condition		Value
Price to Earnings Ratio (EOD)	Between	0-15	10.569
Price to Book Ratio (EOD)	Between	0-1	0.765
Net Profit Margin (MRQ)	Greater than	0	0.040
Operating Margin (MRQ)	Greater than	0	0.000
Quick Ratio (MRQ)	Greater than	1	0.111
Current Ratio (MRQ)	Greater than	1	0.956
Debt to Asset Ratio (MRQ)	Less than	1	0.408
Debt to Equity Ratio (MRQ)	Less than	1	0.776
Return on Equity (MRQ)	Greater than	0.15	0.020
Return on Assets (MRQ)	Greater than	0.05	0.011
Total			5/10 (50.0%)

Create your own Stock Scanner

Investing is personal. The best investors buy stocks based on their own analysis. Create your personal Stock Scanner with the key performance indicators that are important to you.
Create your own Stock Scanner

3.3. Technical Score

Let's check the technical score of PetroChina Co Ltd Class H based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	62.938
Ma 20	Greater than	Ma 50	7.199
Ma 50	Greater than	Ma 100	6.567
Ma 100	Greater than	Ma 200	5.890
Open	Greater than	Close	7.220
Total			4/5 (80.0%)

Create your own Symbol Scanner

Trading is personal. The best traders buy and sell based on their own technical analysis. Create your personal Symbol Scanner with the technical indicators that are important to you.
Create your own Symbol Scanner

Reversals in quarterly reports

I have detected a reversal (positive to negative, negative to positive) in the following values of the quarterly reports.

		2022-12-31		2023-03-31		2023-06-30		2023-09-30		2023-12-31
Selling General Administrative		138,028,663	-9,717,118	128,311,545	-930,224	127,381,321	16,446,929	143,828,250	-158,746,413	-14,918,163

Latest Balance Sheet

Balance Sheet of 2023-12-31. Currency in CNY. All numbers in thousands.

Summary

Total Assets	2,752,710,000
Total Liabilities	1,122,089,000
Total Stockholder Equity	1,446,410,000

	As reported
Total Liabilities	1,122,089,000
Total Stockholder Equity	+ 1,446,410,000
Total Assets	= 2,752,710,000

Assets

Total Assets	2,752,710,000
Total Current Assets	658,520,000
Long-term Assets	2,094,190,000

Total Current Assets

Total Current Assets (as reported)	658,520,000
Cash And Cash Equivalents	269,873,000
Short-term Investments	7,404,000
Net Receivables	68,761,000
Inventory	180,533,000
Other Current Assets	60,798,000
Total Current Assets (calculated)	587,369,000
+/-	71,151,000

Long-term Assets

Long-term Assets (as reported)	2,094,190,000
Property Plant Equipment	1,647,290,000
Goodwill	7,442,000
Intangible Assets	92,744,000
Long-term Assets Other	32,687,000
Long-term Assets (calculated)	1,780,163,000
+/-	314,027,000

Liabilities & Shareholders' Equity

Total Current Liabilities	689,007,000
Long-term Liabilities	433,082,000
Total Stockholder Equity	1,446,410,000

Total Current Liabilities

Total Current Liabilities (as reported)	689,007,000
Short Long Term Debt	38,979,000
Accounts payable	309,887,000
Other Current Liabilities	14,957,000
Total Current Liabilities (calculated)	363,823,000
+/-	325,184,000

Long-term Liabilities

Long-term Liabilities (as reported)	433,082,000
Long term Debt	143,198,000
Capital Lease Obligations Min Short Term Debt	113,438,000
Long-term Liabilities Other	153,302,000
Long-term Liabilities (calculated)	409,938,000
+/-	23,144,000

Total Stockholder Equity

Total Stockholder Equity (as reported)	1,446,410,000
Retained Earnings	914,375,000
Total Stockholder Equity (calculated)	914,375,000
+/-	532,035,000

Other

Capital Stock	183,021,000
Common Stock Shares Outstanding	183,020,978
Net Invested Capital	1,628,587,000
Net Working Capital	-30,487,000
Property Plant and Equipment Gross	791,034,000

Balance Sheet

Currency in CNY. All numbers in thousands.

Trend

2023-12-31

2023-09-30

2023-06-30

2023-03-31

2022-12-31

2022-09-30

2022-06-30

2022-03-31

2021-12-31

2021-09-30

2021-06-30

2021-03-31

2020-12-31

2020-09-30

2020-06-30

2020-03-31

2019-12-31

2019-09-30

2019-06-30

2019-03-31

2018-12-31

2018-09-30

2018-06-30

2018-03-31

2017-12-31

2017-09-30

2017-06-30

2017-03-31

2016-12-31

2016-09-30

2016-06-30

2016-03-31

2015-12-31

2015-09-30

2015-06-30

2015-03-31

2014-12-31

2014-09-30

2014-06-30

2014-03-31

2013-12-31

2013-09-30

2013-06-30

2013-03-31

2012-12-31

2012-09-30

2012-06-30

2012-03-31

2011-12-31

2011-09-30

2011-06-30

2011-03-31

2010-12-31

2010-09-30

2010-06-30

2010-03-31

2009-12-31

2009-09-30

2009-06-30

2009-03-31

2008-12-31

2008-09-30

2008-06-30

2007-12-31

2007-06-30

2006-12-31

2006-06-30

2005-12-31

2005-06-30

2004-12-31

2004-06-30

2003-12-31

2003-06-30

2002-12-31

2002-06-30

2001-12-31

2001-06-30

2000-12-31

> Total Assets

427,523,789
456,743,442
447,297,775
469,521,677
483,034,246
509,760,199
531,738,687
567,169,169
609,925,814
655,712,262
778,309,621
843,425,084
870,489,508
940,469,312
1,060,200,871
1,123,272,941
1,187,802,000
1,194,174,000
1,230,625,000
1,290,589,000
1,424,451,000
1,450,288,000
1,536,951,000
1,564,461,000
1,582,784,000
1,656,487,000
1,770,687,000
1,809,375,000
1,873,069,000
1,917,586,000
2,034,273,000
2,051,494,000
2,109,665,000
2,168,896,000
2,297,181,000
2,341,474,000
2,379,017,000
2,342,110,000
2,382,476,000
2,426,390,000
2,392,099,000
2,405,473,000
2,394,256,000
2,385,332,000
2,372,443,000
2,393,844,000
2,393,227,000
2,418,243,000
2,405,704,000
2,396,651,000
2,389,851,000
2,399,683,000
2,445,812,000
2,404,612,000
2,397,593,000
2,408,038,000
2,483,265,000
2,432,266,000
2,634,160,000
2,637,490,000
2,700,922,000
2,732,910,000
2,727,028,000
2,677,347,000
2,566,644,000
2,488,126,000
2,527,754,000
2,531,851,000
2,547,660,000
2,502,262,000
2,610,802,000
2,772,369,000
2,793,316,000
2,670,079,000
2,710,608,000
2,719,277,000
2,781,820,000
2,752,710,000

2,752,710,000

2,781,820,000

2,719,277,000

2,710,608,000

2,670,079,000

2,793,316,000

2,772,369,000

2,610,802,000

2,502,262,000

2,547,660,000

2,531,851,000

2,527,754,000

2,488,126,000

2,566,644,000

2,677,347,000

2,727,028,000

2,732,910,000

2,700,922,000

2,637,490,000

2,634,160,000

2,432,266,000

2,483,265,000

2,408,038,000

2,397,593,000

2,404,612,000

2,445,812,000

2,399,683,000

2,389,851,000

2,396,651,000

2,405,704,000

2,418,243,000

2,393,227,000

2,393,844,000

2,372,443,000

2,385,332,000

2,394,256,000

2,405,473,000

2,392,099,000

2,426,390,000

2,382,476,000

2,342,110,000

2,379,017,000

2,341,474,000

2,297,181,000

2,168,896,000

2,109,665,000

2,051,494,000

2,034,273,000

1,917,586,000

1,873,069,000

1,809,375,000

1,770,687,000

1,656,487,000

1,582,784,000

1,564,461,000

1,536,951,000

1,450,288,000

1,424,451,000

1,290,589,000

1,230,625,000

1,194,174,000

1,187,802,000

1,123,272,941

1,060,200,871

940,469,312

870,489,508

843,425,084

778,309,621

655,712,262

609,925,814

567,169,169

531,738,687

509,760,199

483,034,246

469,521,677

447,297,775

456,743,442

427,523,789

> Total Current Assets

79,375,307
109,170,040
82,549,014
93,798,517
75,148,410
98,865,945
86,175,542
119,942,115
116,738,471
159,296,440
175,945,786
224,520,512
161,907,290
219,763,961
231,191,172
270,074,157
307,069,000
224,473,000
260,205,000
284,039,000
368,659,000
294,383,000
366,179,000
376,077,000
330,062,000
286,392,000
409,763,000
431,699,000
464,526,000
382,711,000
491,994,000
476,417,000
503,673,000
414,332,000
546,577,000
588,895,000
595,740,000
430,953,000
484,920,000
509,392,000
465,807,000
391,308,000
405,189,000
406,321,000
409,834,000
349,344,000
378,027,000
406,423,000
415,102,000
381,665,000
411,884,000
430,764,000
480,409,000
425,162,000
449,281,000
464,504,000
534,908,000
433,128,000
499,138,000
481,393,000
520,790,000
466,913,000
487,414,000
472,127,000
551,881,000
486,767,000
547,536,000
547,085,000
547,942,000
480,838,000
602,459,000
752,630,000
769,989,000
613,867,000
677,288,000
660,423,000
724,801,000
658,520,000

658,520,000

724,801,000

660,423,000

677,288,000

613,867,000

769,989,000

752,630,000

602,459,000

480,838,000

547,942,000

547,085,000

547,536,000

486,767,000

551,881,000

472,127,000

487,414,000

466,913,000

520,790,000

481,393,000

499,138,000

433,128,000

534,908,000

464,504,000

449,281,000

425,162,000

480,409,000

430,764,000

411,884,000

381,665,000

415,102,000

406,423,000

378,027,000

349,344,000

409,834,000

406,321,000

405,189,000

391,308,000

465,807,000

509,392,000

484,920,000

430,953,000

595,740,000

588,895,000

546,577,000

414,332,000

503,673,000

476,417,000

491,994,000

382,711,000

464,526,000

431,699,000

409,763,000

286,392,000

330,062,000

376,077,000

366,179,000

294,383,000

368,659,000

284,039,000

260,205,000

224,473,000

307,069,000

270,074,157

231,191,172

219,763,961

161,907,290

224,520,512

175,945,786

159,296,440

116,738,471

119,942,115

86,175,542

98,865,945

75,148,410

93,798,517

82,549,014

109,170,040

79,375,307

Cash And Cash Equivalents

18,039,467
18,608,342
8,153,909
13,194,292
9,975,086
19,337,758
11,233,450
17,806,301
11,307,953
69,859,308
80,928,764
92,651,390
48,469,260
71,655,384
65,497,347
58,812,219
68,897,000
32,944,000
79,650,000
89,232,000
151,744,000
86,925,000
137,524,000
127,267,000
104,639,000
45,709,000
115,002,000
116,125,000
132,349,000
61,172,000
99,241,000
73,351,000
105,536,000
43,395,000
113,456,000
150,092,000
156,686,000
51,407,000
52,451,000
89,475,000
71,764,000
73,778,000
81,613,000
66,113,000
95,441,000
72,773,000
99,610,000
101,322,000
119,947,000
97,931,000
96,318,000
114,538,000
165,151,000
122,777,000
125,570,000
117,477,000
154,460,000
85,598,000
116,014,000
90,640,000
111,569,000
86,409,000
77,305,000
90,335,000
75,523,000
118,631,000
111,798,000
154,394,000
172,580,000
136,789,000
170,528,000
221,155,000
235,264,000
191,190,000
242,243,000
219,173,000
237,505,000
269,873,000

269,873,000

237,505,000

219,173,000

242,243,000

191,190,000

235,264,000

221,155,000

170,528,000

136,789,000

172,580,000

154,394,000

111,798,000

118,631,000

75,523,000

90,335,000

77,305,000

86,409,000

111,569,000

90,640,000

116,014,000

85,598,000

154,460,000

117,477,000

125,570,000

122,777,000

165,151,000

114,538,000

96,318,000

97,931,000

119,947,000

101,322,000

99,610,000

72,773,000

95,441,000

66,113,000

81,613,000

73,778,000

71,764,000

89,475,000

52,451,000

51,407,000

156,686,000

150,092,000

113,456,000

43,395,000

105,536,000

73,351,000

99,241,000

61,172,000

132,349,000

116,125,000

115,002,000

45,709,000

104,639,000

127,267,000

137,524,000

86,925,000

151,744,000

89,232,000

79,650,000

32,944,000

68,897,000

58,812,219

65,497,347

71,655,384

48,469,260

92,651,390

80,928,764

69,859,308

11,307,953

17,806,301

11,233,450

19,337,758

9,975,086

13,194,292

8,153,909

18,608,342

18,039,467

Short-term Investments

5,803,715
12,251,249
3,253,285
2,637,205
2,607,595
2,624,174
2,640,730
802,981
1,399,007
1,498,345
1,695,435
3,885,794
3,009,835
3,398,765
18,043,548
10,927,460
13,661,000
10,425,000
10,421,000
7,163,000
7,371,000
29,000
31,000
3,028,000
3,051,000
3,013,000
711,000
1,036,000
596,000
418,000
450,000
15,468,000
15,700,000
2,850,000
1,934,000
2,698,000
3,359,000
5,843,000
390,000
2,738,000
2,510,000
2,243,000
283,000
1,331,000
1,332,000
919,000
840,000
832,000
875,000
686,000
4,719,000
6,514,000
4,318,000
13,344,000
849,000
11,072,000
12,427,000
9,535,000
8,067,000
22,205,000
36,123,000
24,256,000
21,417,000
23,414,000
30,788,000
27,319,000
34,381,000
33,639,000
32,426,000
26,747,000
24,288,000
31,271,000
37,827,000
42,111,000
64,250,000
58,011,000
51,682,000
7,404,000

7,404,000

51,682,000

58,011,000

64,250,000

42,111,000

37,827,000

31,271,000

24,288,000

26,747,000

32,426,000

33,639,000

34,381,000

27,319,000

30,788,000

23,414,000

21,417,000

24,256,000

36,123,000

22,205,000

8,067,000

9,535,000

12,427,000

11,072,000

849,000

13,344,000

4,318,000

6,514,000

4,719,000

686,000

875,000

832,000

840,000

919,000

1,332,000

1,331,000

283,000

2,243,000

2,510,000

2,738,000

390,000

5,843,000

3,359,000

2,698,000

1,934,000

2,850,000

15,700,000

15,468,000

450,000

418,000

596,000

1,036,000

711,000

3,013,000

3,051,000

3,028,000

31,000

29,000

7,371,000

7,163,000

10,421,000

10,425,000

13,661,000

10,927,460

18,043,548

3,398,765

3,009,835

3,885,794

1,695,435

1,498,345

1,399,007

802,981

2,640,730

2,624,174

2,607,595

2,637,205

3,253,285

12,251,249

5,803,715

Net Receivables

12,682,192
16,583,000
20,314,408
20,609,880
18,402,172
29,958,625
29,900,678
45,885,785
40,711,942
8,716,892
17,067,379
14,591,715
27,774,695
20,970,453
58,689,013
33,536,470
33,122,000
21,070,000
20,073,000
25,301,000
28,063,000
33,053,000
42,053,000
47,203,000
41,878,000
50,960,000
69,305,000
72,982,000
73,368,000
66,510,000
88,355,000
73,852,000
83,005,000
118,139,000
86,623,000
104,017,000
94,821,000
129,656,000
92,657,000
98,911,000
94,656,000
120,492,000
71,143,000
66,612,000
77,466,000
112,787,000
66,295,000
71,615,000
70,604,000
105,430,000
75,025,000
75,904,000
78,510,000
125,272,000
93,299,000
87,214,000
87,813,000
132,444,000
91,581,000
82,760,000
87,247,000
139,419,000
85,519,000
68,018,000
166,854,000
60,401,000
88,550,000
78,990,000
91,496,000
106,577,000
95,100,000
173,840,000
98,557,000
72,028,000
127,238,000
81,361,000
105,739,000
68,761,000

68,761,000

105,739,000

81,361,000

127,238,000

72,028,000

98,557,000

173,840,000

95,100,000

106,577,000

91,496,000

78,990,000

88,550,000

60,401,000

166,854,000

68,018,000

85,519,000

139,419,000

87,247,000

82,760,000

91,581,000

132,444,000

87,813,000

87,214,000

93,299,000

125,272,000

78,510,000

75,904,000

75,025,000

105,430,000

70,604,000

71,615,000

66,295,000

112,787,000

77,466,000

66,612,000

71,143,000

120,492,000

94,656,000

98,911,000

92,657,000

129,656,000

94,821,000

104,017,000

86,623,000

118,139,000

83,005,000

73,852,000

88,355,000

66,510,000

73,368,000

72,982,000

69,305,000

50,960,000

41,878,000

47,203,000

42,053,000

33,053,000

28,063,000

25,301,000

20,073,000

21,070,000

33,122,000

33,536,470

58,689,013

20,970,453

27,774,695

14,591,715

17,067,379

8,716,892

40,711,942

45,885,785

29,900,678

29,958,625

18,402,172

20,609,880

20,314,408

16,583,000

12,682,192

Inventory

31,473,992
33,711,603
23,840,870
30,150,114
28,435,205
28,029,816
28,874,187
34,942,071
45,769,891
52,210,292
62,755,316
80,842,096
75,893,068
84,185,952
88,471,824
98,511,667
110,878,000
90,670,000
82,071,000
87,600,000
101,921,000
114,781,000
123,452,000
121,066,000
113,956,000
134,888,000
158,123,000
174,718,000
183,763,000
182,253,000
213,615,000
214,603,000
195,028,000
214,117,000
241,732,000
211,999,000
216,651,000
227,017,000
248,170,000
233,193,000
209,051,000
165,977,000
157,446,000
172,925,000
140,785,000
126,877,000
119,186,000
144,482,000
131,784,000
146,865,000
147,855,000
139,230,000
136,057,000
144,669,000
145,707,000
159,808,000
176,950,000
174,586,000
169,947,000
175,364,000
167,973,000
181,921,000
185,870,000
175,298,000
159,144,000
128,539,000
163,806,000
168,562,000
147,957,000
143,848,000
174,098,000
221,699,000
206,494,000
167,751,000
155,183,000
168,162,000
186,706,000
180,533,000

180,533,000

186,706,000

168,162,000

155,183,000

167,751,000

206,494,000

221,699,000

174,098,000

143,848,000

147,957,000

168,562,000

163,806,000

128,539,000

159,144,000

175,298,000

185,870,000

181,921,000

167,973,000

175,364,000

169,947,000

174,586,000

176,950,000

159,808,000

145,707,000

144,669,000

136,057,000

139,230,000

147,855,000

146,865,000

131,784,000

144,482,000

119,186,000

126,877,000

140,785,000

172,925,000

157,446,000

165,977,000

209,051,000

233,193,000

248,170,000

227,017,000

216,651,000

211,999,000

241,732,000

214,117,000

195,028,000

214,603,000

213,615,000

182,253,000

183,763,000

174,718,000

158,123,000

134,888,000

113,956,000

121,066,000

123,452,000

114,781,000

101,921,000

87,600,000

82,071,000

90,670,000

110,878,000

98,511,667

88,471,824

84,185,952

75,893,068

80,842,096

62,755,316

52,210,292

45,769,891

34,942,071

28,874,187

28,029,816

28,435,205

30,150,114

23,840,870

33,711,603

31,473,992

Other Current Assets

246,000
28,065,000
2,131,000
0
3,862,000
18,910,000
4,895,000
57,982,000
7,879,000
27,016,000
740,000
32,548,000
692,000
37,661,000
11,212,000
67,912,000
0
22,074,000
0
74,743,000
0
39,145,000
0
77,513,000
0
38,321,000
0
66,838,000
0
63,794,000
0
99,143,000
0
65,388,000
0
120,089,000
0
50,514,000
0
85,075,000
0
66,303,000
0
99,340,000
0
73,588,000
0
88,172,000
0
66,763,000
0
94,578,000
0
58,303,000
0
70,574,000
0
73,118,000
0
110,424,000
117,878,000
83,108,000
117,303,000
93,133,000
90,607,000
125,043,000
149,001,000
111,500,000
103,483,000
62,902,000
138,445,000
110,848,000
191,847,000
21,133,000
96,123,000
133,716,000
143,169,000
60,798,000

60,798,000

143,169,000

133,716,000

96,123,000

21,133,000

191,847,000

110,848,000

138,445,000

62,902,000

103,483,000

111,500,000

149,001,000

125,043,000

90,607,000

93,133,000

117,303,000

83,108,000

117,878,000

110,424,000

73,118,000

70,574,000

58,303,000

94,578,000

66,763,000

88,172,000

73,588,000

99,340,000

66,303,000

85,075,000

50,514,000

120,089,000

65,388,000

99,143,000

63,794,000

66,838,000

38,321,000

77,513,000

39,145,000

74,743,000

22,074,000

67,912,000

11,212,000

37,661,000

692,000

32,548,000

740,000

27,016,000

7,879,000

57,982,000

4,895,000

18,910,000

3,862,000

2,131,000

28,065,000

246,000

> Long-term Assets

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,135,022,000
2,156,097,000
2,180,132,000
2,265,997,000
2,239,614,000
2,205,220,000
2,014,763,000
2,001,359,000
1,980,218,000
1,984,766,000
1,999,718,000
2,021,424,000
2,008,343,000
2,019,739,000
2,023,327,000
2,059,618,000
2,033,320,000
2,058,854,000
2,057,019,000
2,094,190,000

2,094,190,000

2,057,019,000

2,058,854,000

2,033,320,000

2,059,618,000

2,023,327,000

2,019,739,000

2,008,343,000

2,021,424,000

1,999,718,000

1,984,766,000

1,980,218,000

2,001,359,000

2,014,763,000

2,205,220,000

2,239,614,000

2,265,997,000

2,180,132,000

2,156,097,000

2,135,022,000

Property Plant Equipment

341,229,000
339,310,000
365,063,000
366,001,051
397,798,000
400,537,000
433,419,000
434,388,000
468,519,000
471,457,000
563,890,000
578,894,000
645,337,000
657,041,000
762,882,000
783,087,000
810,882,000
898,909,000
901,153,000
928,401,000
968,266,000
1,075,467,000
1,085,430,000
1,100,847,000
1,132,696,000
1,238,599,000
1,224,982,000
1,234,391,000
1,256,492,000
1,372,007,000
1,378,896,000
1,404,928,000
1,431,778,000
1,569,888,000
1,562,302,000
1,531,825,000
1,553,363,000
1,648,823,000
1,629,198,000
1,645,267,000
1,654,147,000
1,747,691,000
1,718,942,000
1,710,408,000
1,699,221,000
1,784,905,000
1,752,908,000
1,735,832,000
1,719,739,000
1,739,545,000
1,700,630,000
1,686,890,000
1,681,790,000
1,702,813,000
1,669,990,000
1,657,655,000
1,658,442,000
1,709,388,000
1,916,628,000
1,932,198,000
1,950,212,000
2,037,960,000
2,002,949,000
1,897,741,000
1,612,396,000
1,596,429,000
1,632,070,000
1,627,830,000
1,636,910,000
1,667,902,000
1,643,866,000
1,582,118,000
1,650,134,000
1,695,578,000
1,661,019,000
1,670,224,000
1,665,976,000
1,647,290,000

1,647,290,000

1,665,976,000

1,670,224,000

1,661,019,000

1,695,578,000

1,650,134,000

1,582,118,000

1,643,866,000

1,667,902,000

1,636,910,000

1,627,830,000

1,632,070,000

1,596,429,000

1,612,396,000

1,897,741,000

2,002,949,000

2,037,960,000

1,950,212,000

1,932,198,000

1,916,628,000

1,709,388,000

1,658,442,000

1,657,655,000

1,669,990,000

1,702,813,000

1,681,790,000

1,686,890,000

1,700,630,000

1,739,545,000

1,719,739,000

1,735,832,000

1,752,908,000

1,784,905,000

1,699,221,000

1,710,408,000

1,718,942,000

1,747,691,000

1,654,147,000

1,645,267,000

1,629,198,000

1,648,823,000

1,553,363,000

1,531,825,000

1,562,302,000

1,569,888,000

1,431,778,000

1,404,928,000

1,378,896,000

1,372,007,000

1,256,492,000

1,234,391,000

1,224,982,000

1,238,599,000

1,132,696,000

1,100,847,000

1,085,430,000

1,075,467,000

968,266,000

928,401,000

901,153,000

898,909,000

810,882,000

783,087,000

762,882,000

657,041,000

645,337,000

578,894,000

563,890,000

471,457,000

468,519,000

434,388,000

433,419,000

400,537,000

397,798,000

366,001,051

365,063,000

339,310,000

341,229,000

Goodwill

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
2,818,000
0
0
0
3,068,000
0
0
0
7,282,000
0
0
0
7,582,000
0
0
0
7,225,000
0
0
0
7,233,000
0
0
0
45,589,000
0
0
0
46,097,000
0
0
0
41,934,000
0
42,064,000
0
42,273,000
0
42,294,000
0
42,808,000
0
0
0
8,125,000
0
0
0
7,987,000
0
0
0
7,317,000
7,246,000
7,561,000
7,527,000
7,442,000

7,442,000

7,527,000

7,561,000

7,246,000

7,317,000

7,987,000

8,125,000

42,808,000

42,294,000

42,273,000

42,064,000

41,934,000

46,097,000

45,589,000

7,233,000

7,225,000

7,582,000

7,282,000

3,068,000

2,818,000

Long Term Investments

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
80,978,000
0
83,751,000
0
83,076,000
0
84,885,000
0
93,201,000
95,734,000
94,865,000
99,943,000
103,115,000
106,355,000
108,361,000
258,456,000
260,624,000
263,995,000
268,458,000
273,996,000
275,017,000
281,973,000
277,299,000
277,883,000
274,528,000
280,552,000
285,564,000
283,071,000
0

283,071,000

285,564,000

280,552,000

274,528,000

277,883,000

277,299,000

281,973,000

275,017,000

273,996,000

268,458,000

263,995,000

260,624,000

258,456,000

108,361,000

106,355,000

103,115,000

99,943,000

94,865,000

95,734,000

93,201,000

84,885,000

83,076,000

83,751,000

80,978,000

Intangible Assets

2,579,429
3,141,346
2,955,275
3,902,071
4,503,276
4,610,930
4,735,102
4,900,665
2,988,412
2,889,074
5,013,644
5,085,113
6,612,280
6,691,080
8,488,503
8,699,465
9,362,000
10,677,000
10,462,000
11,091,000
11,315,000
18,017,000
21,120,000
20,967,000
21,639,000
25,453,000
27,067,000
30,686,000
36,925,000
38,854,000
35,372,000
36,103,000
37,516,000
56,253,000
0
40,118,000
0
62,423,000
0
68,286,000
0
67,324,000
0
65,226,000
0
70,889,000
0
100,201,000
0
71,335,000
0
102,729,000
0
17,666,000
0
72,907,000
0
77,112,000
97,693,000
102,016,000
103,852,000
19,583,000
101,409,000
104,520,000
72,601,000
67,494,000
72,257,000
74,879,000
76,606,000
66,344,000
70,657,000
74,734,000
79,143,000
69,813,000
75,218,000
85,505,000
89,880,000
92,744,000

92,744,000

89,880,000

85,505,000

75,218,000

69,813,000

79,143,000

74,734,000

70,657,000

66,344,000

76,606,000

74,879,000

72,257,000

67,494,000

72,601,000

104,520,000

101,409,000

19,583,000

103,852,000

102,016,000

97,693,000

77,112,000

72,907,000

17,666,000

102,729,000

71,335,000

100,201,000

70,889,000

65,226,000

67,324,000

68,286,000

62,423,000

40,118,000

56,253,000

37,516,000

36,103,000

35,372,000

38,854,000

36,925,000

30,686,000

27,067,000

25,453,000

21,639,000

20,967,000

21,120,000

18,017,000

11,315,000

11,091,000

10,462,000

10,677,000

9,362,000

8,699,465

8,488,503

6,691,080

6,612,280

5,085,113

5,013,644

2,889,074

2,988,412

4,900,665

4,735,102

4,610,930

4,503,276

3,902,071

2,955,275

3,141,346

2,579,429

Long-term Assets Other

4,786,825
5,505,622
100,048,875
5,820,038
5,678,763
5,745,036
7,408,944
7,938,746
21,680,475
22,069,548
33,287,041
34,788,246
57,873,045
58,067,930
57,585,946
61,794,305
0
0
0
0
29,212,000
31,566,000
31,991,000
35,132,000
36,067,000
39,643,000
40,091,000
40,824,000
42,540,000
50,938,000
51,262,000
3,985,000
55,620,000
17,379,000
0
0
0
42,816,000
0
0
0
37,107,000
0
0
0
34,504,000
0
0
0
38,971,000
0
0
0
33,341,000
0
0
0
37,771,000
0
2,156,097,000
0
38,272,000
0
0
0
38,853,000
0
0
0
37,338,000
0
0
0
40,185,000
39,617,000
49,120,000
51,444,000
32,687,000

32,687,000

51,444,000

49,120,000

39,617,000

40,185,000

37,338,000

38,853,000

38,272,000

2,156,097,000

37,771,000

33,341,000

38,971,000

34,504,000

37,107,000

42,816,000

17,379,000

55,620,000

3,985,000

51,262,000

50,938,000

42,540,000

40,824,000

40,091,000

39,643,000

36,067,000

35,132,000

31,991,000

31,566,000

29,212,000

61,794,305

57,585,946

58,067,930

57,873,045

34,788,246

33,287,041

22,069,548

21,680,475

7,938,746

7,408,944

5,745,036

5,678,763

5,820,038

100,048,875

5,505,622

4,786,825

> Total Liabilities

149,937,566
166,342,537
154,179,240
160,935,636
161,579,844
161,539,819
169,519,956
173,021,613
175,322,939
186,051,421
234,470,587
251,161,385
254,081,538
267,506,337
283,802,358
314,613,495
334,518,000
347,048,000
367,929,000
422,003,000
543,255,000
542,587,000
591,550,000
607,985,000
614,324,000
646,358,000
718,650,000
758,890,000
812,614,000
835,040,000
905,601,000
920,352,000
972,459,000
988,148,000
1,075,551,000
1,107,962,000
1,140,095,000
1,072,175,000
1,076,235,000
1,113,266,000
1,078,782,000
1,087,692,000
1,072,099,000
1,062,293,000
1,061,335,000
1,049,810,000
1,057,201,000
1,056,392,000
1,041,383,000
1,023,916,000
1,003,760,000
1,015,793,000
1,066,205,000
1,023,293,000
1,005,990,000
1,008,041,000
1,068,302,000
1,021,608,000
1,207,741,000
1,211,655,000
1,268,305,000
1,288,605,000
1,298,572,000
1,276,952,000
1,205,659,000
1,121,505,000
1,131,599,000
1,139,199,000
1,302,038,000
1,238,701,000
1,158,486,000
1,276,857,000
1,450,357,000
1,304,439,000
1,302,101,000
1,306,339,000
1,363,231,000
1,122,089,000

1,122,089,000

1,363,231,000

1,306,339,000

1,302,101,000

1,304,439,000

1,450,357,000

1,276,857,000

1,158,486,000

1,238,701,000

1,302,038,000

1,139,199,000

1,131,599,000

1,121,505,000

1,205,659,000

1,276,952,000

1,298,572,000

1,288,605,000

1,268,305,000

1,211,655,000

1,207,741,000

1,021,608,000

1,068,302,000

1,008,041,000

1,005,990,000

1,023,293,000

1,066,205,000

1,015,793,000

1,003,760,000

1,023,916,000

1,041,383,000

1,056,392,000

1,057,201,000

1,049,810,000

1,061,335,000

1,062,293,000

1,072,099,000

1,087,692,000

1,078,782,000

1,113,266,000

1,076,235,000

1,072,175,000

1,140,095,000

1,107,962,000

1,075,551,000

988,148,000

972,459,000

920,352,000

905,601,000

835,040,000

812,614,000

758,890,000

718,650,000

646,358,000

614,324,000

607,985,000

591,550,000

542,587,000

543,255,000

422,003,000

367,929,000

347,048,000

334,518,000

314,613,495

283,802,358

267,506,337

254,081,538

251,161,385

234,470,587

186,051,421

175,322,939

173,021,613

169,519,956

161,539,819

161,579,844

160,935,636

154,179,240

166,342,537

149,937,566

> Total Current Liabilities

92,330,323
91,297,435
89,734,387
83,869,730
89,337,039
101,291,443
114,031,516
119,312,976
120,091,122
134,023,249
153,888,984
176,579,734
179,537,438
186,673,529
198,106,465
234,234,282
253,129,000
264,337,000
262,583,000
294,079,000
412,976,000
388,553,000
429,280,000
408,497,000
394,550,000
429,736,000
527,252,000
546,573,000
597,469,000
560,038,000
570,781,000
552,690,000
573,551,000
574,748,000
596,521,000
619,384,000
666,635,000
645,489,000
619,298,000
655,802,000
613,745,000
579,829,000
555,080,000
560,920,000
531,153,000
471,407,000
488,734,000
494,474,000
509,007,000
499,263,000
557,540,000
561,914,000
610,394,000
576,667,000
550,388,000
565,880,000
623,828,000
586,386,000
567,673,000
602,315,000
648,502,000
661,419,000
711,965,000
664,123,000
681,973,000
605,418,000
571,072,000
602,641,000
609,433,000
518,158,000
603,570,000
752,209,000
753,973,000
624,263,000
678,078,000
696,550,000
753,926,000
689,007,000

689,007,000

753,926,000

696,550,000

678,078,000

624,263,000

753,973,000

752,209,000

603,570,000

518,158,000

609,433,000

602,641,000

571,072,000

605,418,000

681,973,000

664,123,000

711,965,000

661,419,000

648,502,000

602,315,000

567,673,000

586,386,000

623,828,000

565,880,000

550,388,000

576,667,000

610,394,000

561,914,000

557,540,000

499,263,000

509,007,000

494,474,000

488,734,000

471,407,000

531,153,000

560,920,000

555,080,000

579,829,000

613,745,000

655,802,000

619,298,000

645,489,000

666,635,000

619,384,000

596,521,000

574,748,000

573,551,000

552,690,000

570,781,000

560,038,000

597,469,000

546,573,000

527,252,000

429,736,000

394,550,000

408,497,000

429,280,000

388,553,000

412,976,000

294,079,000

262,583,000

264,337,000

253,129,000

234,234,282

198,106,465

186,673,529

179,537,438

176,579,734

153,888,984

134,023,249

120,091,122

119,312,976

114,031,516

101,291,443

89,337,039

83,869,730

89,734,387

91,297,435

92,330,323

Short-term Debt

39,022,128
17,723,805
21,233,275
18,047,079
20,628,975
25,132,463
28,890,744
28,609,286
27,276,504
28,302,995
28,701,293
34,012,687
35,696,955
27,684,344
30,937,014
39,240,138
36,439,000
92,761,000
96,246,000
102,320,000
175,498,000
148,851,000
177,570,000
140,765,000
77,457,000
102,268,000
183,078,000
187,573,000
184,423,000
137,698,000
173,170,000
164,322,000
145,712,000
151,247,000
213,004,000
184,197,000
203,125,000
192,767,000
218,187,000
203,707,000
182,685,000
169,128,000
184,136,000
178,591,000
167,272,000
106,226,000
138,538,000
136,543,000
141,016,000
143,384,000
198,618,000
192,858,000
197,936,000
175,417,000
159,746,000
148,083,000
151,802,000
137,738,000
135,490,000
160,004,000
169,738,000
175,840,000
285,916,000
213,528,000
224,480,000
117,542,000
125,657,000
0
0
0
0
0
0
0
0
0
0
0

125,657,000

117,542,000

224,480,000

213,528,000

285,916,000

175,840,000

169,738,000

160,004,000

135,490,000

137,738,000

151,802,000

148,083,000

159,746,000

175,417,000

197,936,000

192,858,000

198,618,000

143,384,000

141,016,000

136,543,000

138,538,000

106,226,000

167,272,000

178,591,000

184,136,000

169,128,000

182,685,000

203,707,000

218,187,000

192,767,000

203,125,000

184,197,000

213,004,000

151,247,000

145,712,000

164,322,000

173,170,000

137,698,000

184,423,000

187,573,000

183,078,000

102,268,000

77,457,000

140,765,000

177,570,000

148,851,000

175,498,000

102,320,000

96,246,000

92,761,000

36,439,000

39,240,138

30,937,014

27,684,344

35,696,955

34,012,687

28,701,293

28,302,995

27,276,504

28,609,286

28,890,744

25,132,463

20,628,975

18,047,079

21,233,275

17,723,805

39,022,128

Short Long Term Debt

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
517,703,000
0
493,049,000
0
81,536,000
0
59,778,000
0
75,370,000
135,490,000
160,004,000
169,738,000
175,840,000
285,916,000
213,528,000
224,480,000
117,542,000
125,657,000
114,974,000
97,704,000
53,275,000
71,420,000
96,977,000
102,734,000
116,269,000
166,735,000
180,252,000
163,527,000
38,979,000

38,979,000

163,527,000

180,252,000

166,735,000

116,269,000

102,734,000

96,977,000

71,420,000

53,275,000

97,704,000

114,974,000

125,657,000

117,542,000

224,480,000

213,528,000

285,916,000

175,840,000

169,738,000

160,004,000

135,490,000

75,370,000

59,778,000

81,536,000

493,049,000

517,703,000

Accounts payable

43,973,000
10,657,000
20,232,000
0
8,153,000
60,633,000
10,150,000
10,377,000
11,802,000
9,206,000
13,749,000
16,087,000
22,490,000
75,008,000
80,781,000
92,898,000
0
77,327,000
0
48,225,000
0
82,937,000
0
76,973,000
0
120,666,000
0
112,730,000
0
113,411,000
0
108,980,000
0
131,928,000
0
136,934,000
0
130,353,000
0
120,588,000
0
84,929,000
0
80,294,000
0
69,496,000
0
77,148,000
0
80,606,000
0
91,881,000
0
103,201,000
0
217,695,000
0
121,312,000
287,315,000
114,415,000
336,914,000
148,335,000
292,302,000
203,972,000
202,149,000
239,631,000
287,966,000
137,141,000
369,903,000
144,419,000
384,181,000
328,859,000
445,536,000
172,546,000
272,214,000
172,138,000
438,808,000
309,887,000

309,887,000

438,808,000

172,138,000

272,214,000

172,546,000

445,536,000

328,859,000

384,181,000

144,419,000

369,903,000

137,141,000

287,966,000

239,631,000

202,149,000

203,972,000

292,302,000

148,335,000

336,914,000

114,415,000

287,315,000

121,312,000

217,695,000

103,201,000

91,881,000

80,606,000

77,148,000

69,496,000

80,294,000

84,929,000

120,588,000

130,353,000

136,934,000

131,928,000

108,980,000

113,411,000

112,730,000

120,666,000

76,973,000

82,937,000

48,225,000

77,327,000

92,898,000

80,781,000

75,008,000

22,490,000

16,087,000

13,749,000

9,206,000

11,802,000

10,377,000

10,150,000

60,633,000

8,153,000

20,232,000

10,657,000

43,973,000

Other Current Liabilities

0
8,881,000
39,683,000
0
55,121,000
15,531,000
74,989,000
80,326,000
81,011,000
96,517,000
111,400,000
126,451,000
121,626,000
84,243,000
86,380,000
102,196,000
0
94,249,000
0
143,534,000
0
156,765,000
0
190,759,000
0
206,802,000
0
246,270,000
0
308,929,000
0
279,388,000
0
291,573,000
0
298,253,000
0
322,369,000
0
331,507,000
0
310,107,000
0
302,035,000
0
284,630,000
0
272,481,000
0
273,841,000
0
277,175,000
0
298,049,000
0
156,830,000
0
237,263,000
0
246,280,000
98,618,000
255,145,000
90,787,000
223,895,000
280,189,000
174,023,000
109,642,000
290,897,000
96,111,000
235,332,000
90,619,000
246,296,000
141,232,000
12,844,000
217,296,000
297,148,000
106,241,000
14,957,000

14,957,000

106,241,000

297,148,000

217,296,000

12,844,000

141,232,000

246,296,000

90,619,000

235,332,000

96,111,000

290,897,000

109,642,000

174,023,000

280,189,000

223,895,000

90,787,000

255,145,000

98,618,000

246,280,000

237,263,000

156,830,000

298,049,000

277,175,000

273,841,000

272,481,000

284,630,000

302,035,000

310,107,000

331,507,000

322,369,000

298,253,000

291,573,000

279,388,000

308,929,000

246,270,000

206,802,000

190,759,000

156,765,000

143,534,000

94,249,000

102,196,000

86,380,000

84,243,000

121,626,000

126,451,000

111,400,000

96,517,000

81,011,000

80,326,000

74,989,000

15,531,000

55,121,000

39,683,000

8,881,000

> Long-term Liabilities

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
640,068,000
609,340,000
619,803,000
627,186,000
586,607,000
612,829,000
523,686,000
516,087,000
560,527,000
536,558,000
549,692,000
575,235,000
554,916,000
524,648,000
526,618,000
511,369,000
451,792,000
434,681,000
430,419,000
433,082,000

433,082,000

430,419,000

434,681,000

451,792,000

511,369,000

526,618,000

524,648,000

554,916,000

575,235,000

549,692,000

536,558,000

560,527,000

516,087,000

523,686,000

612,829,000

586,607,000

627,186,000

619,803,000

609,340,000

640,068,000

Long term Debt Total

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
269,422,000
474,216,000
441,068,000
450,748,000
455,025,000
412,918,000
444,380,000
361,765,000
374,023,000
416,625,000
392,119,000
402,462,000
410,397,000
393,657,000
360,491,000
359,993,000
340,678,000
276,778,000
256,053,000
248,495,000
0

248,495,000

256,053,000

276,778,000

340,678,000

359,993,000

360,491,000

393,657,000

410,397,000

402,462,000

392,119,000

416,625,000

374,023,000

361,765,000

444,380,000

412,918,000

455,025,000

450,748,000

441,068,000

474,216,000

269,422,000

Other Liabilities

0
1,306,000
1,354,000
0
1,684,000
0
2,000,000
2,248,000
2,438,000
705,000
15,233,000
15,638,000
19,476,000
20,060,000
25,796,000
26,972,000
0
37,424,000
0
38,487,000
0
47,114,000
0
50,524,000
0
63,755,000
0
66,501,000
0
73,578,000
0
77,511,000
0
97,340,000
0
101,444,000
0
108,658,000
0
111,791,000
0
121,662,000
0
125,623,000
0
130,808,000
0
134,146,000
0
138,126,000
0
142,157,000
0
144,108,000
0
157,358,000
0
165,800,000
0
168,272,000
169,055,000
172,161,000
173,689,000
168,456,000
161,928,000
142,074,000
143,902,000
144,439,000
147,230,000
164,838,000
161,259,000
164,173,000
166,625,000
170,691,000
175,024,000
178,628,000
181,924,000
0

181,924,000

178,628,000

175,024,000

170,691,000

166,625,000

164,173,000

161,259,000

164,838,000

147,230,000

144,439,000

143,902,000

142,074,000

161,928,000

168,456,000

173,689,000

172,161,000

169,055,000

168,272,000

165,800,000

157,358,000

144,108,000

142,157,000

138,126,000

134,146,000

130,808,000

125,623,000

121,662,000

111,791,000

108,658,000

101,444,000

97,340,000

77,511,000

73,578,000

66,501,000

63,755,000

50,524,000

47,114,000

38,487,000

37,424,000

26,972,000

25,796,000

20,060,000

19,476,000

15,638,000

15,233,000

705,000

2,438,000

2,248,000

2,000,000

1,684,000

1,354,000

1,306,000

Deferred Long Term Liability

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
26,978,000
0
0
0
9,154,000
0
10,258,000
0
10,177,000
0
11,869,000
0
10,403,000
0
0
0
10,550,000
10,489,000
0
11,878,000
0
0
0

11,878,000

10,489,000

10,550,000

10,403,000

11,869,000

10,177,000

10,258,000

9,154,000

26,978,000

> Total Stockholder Equity

272,957,000
285,708,000
293,122,000
0
316,676,000
342,996,000
356,613,000
387,958,000
425,212,000
460,677,000
515,389,000
562,049,000
586,677,000
640,491,000
733,405,000
757,243,000
0
790,838,000
0
813,624,000
0
847,223,000
0
891,318,000
0
938,926,000
0
974,142,000
0
1,002,745,000
0
1,040,833,000
0
1,064,010,000
0
1,101,128,000
0
1,132,735,000
0
1,175,451,000
0
1,175,894,000
0
1,182,011,000
0
1,179,716,000
0
1,182,419,000
0
1,189,024,000
0
1,197,684,000
0
1,193,520,000
0
1,208,495,000
0
1,213,783,000
1,225,894,000
1,226,684,000
1,225,255,000
1,230,156,000
1,212,216,000
1,188,747,000
1,210,287,000
1,215,158,000
1,241,765,000
1,251,465,000
1,245,622,000
1,263,561,000
1,303,799,000
1,334,617,000
1,342,959,000
1,365,640,000
1,408,507,000
1,412,938,000
1,418,589,000
1,446,410,000

1,446,410,000

1,418,589,000

1,412,938,000

1,408,507,000

1,365,640,000

1,342,959,000

1,334,617,000

1,303,799,000

1,263,561,000

1,245,622,000

1,251,465,000

1,241,765,000

1,215,158,000

1,210,287,000

1,188,747,000

1,212,216,000

1,230,156,000

1,225,255,000

1,226,684,000

1,225,894,000

1,213,783,000

1,208,495,000

1,193,520,000

1,197,684,000

1,189,024,000

1,182,419,000

1,179,716,000

1,182,011,000

1,175,894,000

1,175,451,000

1,132,735,000

1,101,128,000

1,064,010,000

1,040,833,000

1,002,745,000

974,142,000

938,926,000

891,318,000

847,223,000

813,624,000

790,838,000

757,243,000

733,405,000

640,491,000

586,677,000

562,049,000

515,389,000

460,677,000

425,212,000

387,958,000

356,613,000

342,996,000

316,676,000

293,122,000

285,708,000

272,957,000

Common Stock

175,824,000
175,824,000
175,824,000
0
175,824,000
175,824,000
175,824,000
175,824,000
175,824,000
175,824,000
179,021,000
179,021,000
179,021,000
179,021,000
183,021,000
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
0
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
183,021,000
0

183,021,000

179,021,000

175,824,000

Retained Earnings

33,011,728
45,690,051
51,820,781
51,396,561
58,989,598
85,322,892
89,577,861
120,918,937
143,625,903
178,543,139
203,872,022
252,272,754
263,586,690
317,697,041
332,454,191
357,164,777
397,224,000
378,600,000
397,556,000
401,607,000
410,263,000
424,067,000
456,604,000
465,750,000
471,767,000
499,288,000
536,370,000
531,812,000
539,626,000
556,717,000
595,908,000
588,657,000
585,679,000
603,808,000
639,828,000
645,365,000
645,669,000
669,300,000
703,567,000
708,602,000
705,887,000
707,303,000
713,451,000
715,132,000
708,894,000
711,755,000
697,972,000
707,732,000
705,030,000
711,197,000
716,898,000
716,908,000
708,922,000
712,437,000
722,432,000
728,242,000
733,026,000
732,182,000
742,437,000
743,114,000
737,733,000
743,124,000
726,894,000
701,052,000
725,325,000
727,955,000
755,676,000
764,992,000
763,215,000
983,950,000
811,036,000
1,043,698,000
837,560,000
853,585,000
1,114,438,000
895,342,000
903,221,000
914,375,000

914,375,000

903,221,000

895,342,000

1,114,438,000

853,585,000

837,560,000

1,043,698,000

811,036,000

983,950,000

763,215,000

764,992,000

755,676,000

727,955,000

725,325,000

701,052,000

726,894,000

743,124,000

737,733,000

743,114,000

742,437,000

732,182,000

733,026,000

728,242,000

722,432,000

712,437,000

708,922,000

716,908,000

716,898,000

711,197,000

705,030,000

707,732,000

697,972,000

711,755,000

708,894,000

715,132,000

713,451,000

707,303,000

705,887,000

708,602,000

703,567,000

669,300,000

645,669,000

645,365,000

639,828,000

603,808,000

585,679,000

588,657,000

595,908,000

556,717,000

539,626,000

531,812,000

536,370,000

499,288,000

471,767,000

465,750,000

456,604,000

424,067,000

410,263,000

401,607,000

397,556,000

378,600,000

397,224,000

357,164,777

332,454,191

317,697,041

263,586,690

252,272,754

203,872,022

178,543,139

143,625,903

120,918,937

89,577,861

85,322,892

58,989,598

51,396,561

51,820,781

45,690,051

33,011,728

Capital Surplus

Treasury Stock

Other Stockholders Equity

0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
0
-25,342,000
0
297,755,000
0
-24,015,000
0
-15,225,000
0
-28,470,000
0
300,549,000
304,501,000
106,729,000
302,301,000
-14,701,000
-17,149,000
-21,318,000
303,068,000
303,452,000
299,386,000
-36,718,000
309,742,000
-14,892,000
322,378,000
332,721,000
-12,310,000
334,575,000
332,347,000
0

332,347,000

334,575,000

-12,310,000

332,721,000

322,378,000

-14,892,000

309,742,000

-36,718,000

299,386,000

303,452,000

303,068,000

-21,318,000

-17,149,000

-14,701,000

302,301,000

106,729,000

304,501,000

300,549,000

-28,470,000

-15,225,000

-24,015,000

297,755,000

-25,342,000

Balance Sheet

Currency in CNY. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31
Accounts Payable	309,887,000	188,176,000	144,419,000	239,631,000	273,255,000	123,069,000	103,201,000	80,606,000	69,496,000	84,929,000	130,353,000	131,928,000	113,411,000	120,666,000	82,937,000	77,327,000	80,781,000	22,490,000	13,749,000	11,802,000	10,150,000	8,153,000	20,232,000	43,973,000	0
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Accumulated Other Comprehensive Income	0	0	0	0	-2,217,457,000	-2,023,948,000	-1,854,128,000	-1,656,076,000	-1,460,925,000	-1,276,220,000	-1,117,360,000	-995,113,000	-862,852,000	-740,809,000	-633,570,000	-555,623,000	-467,196,391	-411,154,378	-357,825,594	-303,518,370	-266,084,575	-244,700,045	-154,651,091	-196,780,655	-2,946,996
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Lease Obligations	113,438,000	125,760,000	129,848,000	129,223,000	171,536,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Stock	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Surpluse	0	133,308,000	133,308,000	133,308,000	133,308,000	133,308,000	133,308,000	133,308,000	133,308,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash	269,873,000	191,190,000	136,789,000	118,631,000	86,409,000	85,598,000	122,777,000	97,931,000	72,773,000	73,778,000	51,407,000	43,395,000	61,172,000	45,709,000	86,925,000	32,944,000	65,497,347	48,469,260	80,928,764	11,307,953	11,233,450	9,975,086	8,153,909	18,039,467	17,847,540
Cash And Equivalents	0	191,190,000	136,789,000	118,631,000	86,409,000	85,954,000	122,777,000	97,931,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash And Short Term Investments	0	233,301,000	163,536,000	145,950,000	110,665,000	95,489,000	136,121,000	98,617,000	73,692,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Common Stock	0	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	179,021,000	179,021,000	175,824,000	175,824,000	175,824,000	175,824,000	175,824,000	0
Common Stock Shares Outstanding	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	184,619,643	183,021,000	183,021,000	179,021,000	179,021,000	175,824,000	175,824,000	185,982,953	176,182,965	171,630,000	158,832,984
Common Stock Total Equity	0	0	0	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,036,084	178,679,713	179,078,304	175,827,906	175,827,906	175,785,029	175,826,419	175,599,576	159,973,896
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Deferred Long Term Liab	0	0	0	11,869,000	10,258,000	0	1,944,000	1,963,000	2,020,000	2,563,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Good Will	7,442,000	7,317,000	7,987,000	8,125,000	42,808,000	42,273,000	41,934,000	46,097,000	45,589,000	7,233,000	7,225,000	7,582,000	7,282,000	3,068,000	2,818,000	0	0	0	0	0	0	0	0	0	0
Intangible Assets	92,744,000	69,813,000	66,344,000	67,494,000	19,583,000	77,112,000	17,666,000	71,335,000	70,889,000	67,324,000	62,423,000	56,253,000	38,854,000	25,453,000	18,017,000	10,677,000	8,488,503	6,612,280	5,013,644	2,988,412	4,735,102	4,503,276	2,955,275	2,579,429	1,887,402
Inventory	180,533,000	167,751,000	143,848,000	128,539,000	181,921,000	174,586,000	144,669,000	146,865,000	126,877,000	165,977,000	227,017,000	214,117,000	182,253,000	134,888,000	114,781,000	90,670,000	88,471,824	75,893,068	62,755,316	45,769,891	28,874,187	28,435,205	23,840,870	31,473,992	17,599,198
Liabilities And Stockholders Equity	0	2,670,079,000	2,502,262,000	2,336,663,000	2,518,761,000	2,235,894,000	2,216,813,000	2,212,940,000	2,229,526,000	2,263,586,000	2,204,910,000	2,052,158,000	1,837,785,000	1,585,284,000	1,389,810,000	1,137,886,000	1,017,254,305	839,634,800	750,020,077	600,538,392	526,134,380	478,183,291	447,297,775	422,538,547	407,016,637
Long Term Debt	143,198,000	222,478,000	287,175,000	251,379,000	290,882,000	269,422,000	289,858,000	372,887,000	434,475,000	370,920,000	302,862,000	293,774,000	180,675,000	131,352,000	85,471,000	32,827,000	39,688,000	35,634,000	44,570,000	38,458,000	41,959,000	60,655,000	65,484,000	53,341,000	0
Long Term Debt Total	0	340,678,000	410,397,000	374,023,000	455,025,000	269,422,000	289,858,000	372,887,000	434,475,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Long Term Investments	0	274,528,000	275,017,000	260,624,000	103,115,000	93,201,000	83,076,000	80,978,000	73,845,000	122,176,000	121,389,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Debt	0	147,557,000	203,661,000	250,290,000	380,313,000	321,562,000	342,498,000	418,340,000	467,928,000	465,651,000	444,222,000	401,626,000	257,201,000	187,911,000	147,397,000	92,644,000	6,165,488	22,792,093	-7,645,605	54,428,836	59,619,236	71,290,825	71,348,772	74,257,787	126,547,009
Net Invested Capital	1,628,587,000	1,708,074,000	1,604,011,000	1,584,079,000	1,696,878,000	1,621,446,000	1,658,795,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Receivables	68,761,000	72,028,000	52,746,000	60,401,000	139,419,000	132,444,000	125,272,000	105,430,000	112,787,000	120,492,000	129,656,000	118,139,000	66,510,000	50,960,000	33,053,000	21,070,000	58,689,013	27,774,695	17,067,379	40,711,942	29,900,678	18,402,172	20,314,408	12,682,192	14,875,710
Net Tangible Assets	0	0	1,234,555,000	1,121,195,000	1,102,788,000	1,153,252,000	1,133,920,000	1,125,245,000	1,115,948,000	1,150,039,000	1,108,281,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Working Capital	-30,487,000	-10,396,000	-37,320,000	-118,651,000	-194,506,000	-153,258,000	-151,505,000	-117,598,000	-122,063,000	-188,521,000	-214,536,000	-160,416,000	-177,327,000	-143,344,000	-94,170,000	-39,864,000	33,084,707	-17,630,148	22,056,802	-3,352,651	-27,855,975	-14,188,629	-7,185,373	-12,955,016	-29,271,291
Non Current Assets Total	2,094,190,000	2,059,618,000	2,021,424,000	2,001,359,000	2,265,997,000	1,999,138,000	1,979,450,000	2,014,986,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Other	153,302,000	7,594,000	8,795,000	10,865,000	12,815,000	16,005,000	12,562,000	12,734,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Current Liabilities Total	433,082,000	511,369,000	575,235,000	516,087,000	627,186,000	435,222,000	446,626,000	524,653,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Currrent Assets Other	32,687,000	40,185,000	37,338,000	38,853,000	38,272,000	37,771,000	33,341,000	38,971,000	34,504,000	37,107,000	42,816,000	17,379,000	50,938,000	39,643,000	31,566,000	0	57,585,946	57,873,045	33,287,041	21,680,475	7,408,944	5,678,763	100,048,875	4,786,825	3,799,639
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Assets	0	16,293,000	49,499,000	59,370,000	62,686,000	139,516,000	133,961,000	130,684,000	87,478,000	118,443,000	116,491,000	35,291,000	32,883,000	21,786,000	15,241,000	30,849,000	12,028,000	20,468,000	21,668,000	13,227,000	2,744,000	2,517,000	0	0	0
Other Current Assets	60,798,000	140,787,000	62,902,000	125,043,000	81,928,000	72,510,000	58,303,000	66,763,000	15,698,000	66,303,000	50,514,000	65,388,000	63,794,000	38,321,000	39,145,000	22,074,000	11,212,000	6,779,000	740,000	7,879,000	4,895,000	3,862,000	2,131,000	2,260,000	0
Other Current Liab	14,957,000	12,844,000	235,332,000	174,023,000	154,944,000	237,484,000	239,073,000	227,330,000	249,369,000	325,608,000	322,369,000	291,573,000	308,929,000	206,802,000	156,765,000	94,249,000	86,380,000	121,626,000	111,400,000	81,011,000	74,989,000	60,567,000	45,405,000	9,399,000	0
Other Liab	0	170,691,000	164,838,000	142,074,000	172,168,000	166,134,000	156,768,000	151,766,000	143,928,000	121,043,000	108,658,000	97,340,000	73,578,000	63,755,000	47,114,000	37,424,000	25,796,000	19,476,000	15,233,000	2,438,000	2,000,000	1,684,000	1,354,000	1,176,000	0
Other Stockholder Equity	0	332,721,000	-36,718,000	-21,318,000	-15,313,000	105,354,000	-24,015,000	-25,342,000	-37,066,000	-32,475,000	105,363,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant And Equipment Gross	791,034,000	1,695,578,000	4,034,728,000	1,661,877,000	2,037,960,000	1,705,901,000	1,702,813,000	1,739,545,000	1,784,905,000	1,747,691,000	1,648,823,000	1,569,888,000	1,372,007,000	1,238,599,000	1,075,467,000	898,909,000	762,935,250	644,096,893	564,063,151	468,518,456	433,419,100	397,703,797	261,744,612	340,782,228	324,931,196
Property Plant And Equipment Net	1,647,290,000	1,695,578,000	1,667,902,000	1,661,877,000	2,037,960,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Property Plant Equipment	0	1,695,578,000	1,667,902,000	1,596,429,000	1,972,856,000	1,709,388,000	1,702,813,000	1,739,545,000	1,784,905,000	1,747,691,000	1,648,823,000	1,569,888,000	1,372,007,000	1,238,599,000	1,075,467,000	898,909,000	762,882,000	645,337,000	563,890,000	468,519,000	433,419,000	397,798,000	365,063,000	341,229,000	0
Retained Earnings	914,375,000	853,585,000	983,950,000	727,955,000	743,124,000	732,182,000	712,437,000	711,197,000	711,755,000	707,303,000	669,300,000	603,808,000	556,717,000	499,288,000	424,067,000	378,600,000	332,454,191	263,586,690	203,872,022	143,625,903	89,577,861	58,989,598	51,820,781	33,011,728	3,327,788
Retained Earnings Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt	38,979,000	116,269,000	53,275,000	117,542,000	175,840,000	137,738,000	175,417,000	143,384,000	36,167,000	53,795,000	495,629,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Short Long Term Debt Total	0	0	0	368,921,000	466,722,000	407,160,000	465,275,000	516,271,000	540,701,000	539,429,000	495,629,000	445,021,000	318,373,000	233,620,000	234,322,000	125,588,000	71,662,835	71,261,353	73,283,160	65,736,789	70,852,686	81,265,911	79,502,680	92,297,254	144,394,549
Short Term Debt	0	38,375,000	40,010,000	117,542,000	175,840,000	137,738,000	175,417,000	143,384,000	106,226,000	169,128,000	192,767,000	151,247,000	137,698,000	102,268,000	148,851,000	92,761,000	30,937,014	35,696,955	28,701,293	27,276,504	28,890,744	20,628,975	21,233,275	39,022,128	59,949,855
Short Term Investments	7,404,000	42,111,000	26,747,000	27,319,000	24,256,000	9,535,000	13,344,000	686,000	919,000	2,243,000	5,843,000	2,850,000	418,000	3,013,000	29,000	10,425,000	18,043,548	3,009,835	1,695,435	1,399,007	2,640,730	2,607,595	3,253,285	5,803,715	1,490,054
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Assets	2,752,710,000	2,670,079,000	2,502,262,000	2,488,126,000	2,732,910,000	2,432,266,000	2,404,612,000	2,396,651,000	2,393,844,000	2,405,473,000	2,342,110,000	2,168,896,000	1,917,586,000	1,656,487,000	1,450,288,000	1,194,174,000	1,060,200,871	870,489,508	778,309,621	609,925,814	531,738,687	483,034,246	447,297,775	427,523,789	411,213,624
Total Current Assets	658,520,000	613,867,000	480,838,000	486,767,000	466,913,000	433,128,000	425,162,000	381,665,000	349,344,000	391,308,000	430,953,000	414,332,000	382,711,000	286,392,000	294,383,000	224,473,000	231,191,172	161,907,290	175,945,786	116,738,471	86,175,542	75,148,410	82,549,014	79,375,307	80,595,387
Total Current Liabilities	689,007,000	624,263,000	518,158,000	605,418,000	661,419,000	586,386,000	576,667,000	499,263,000	471,407,000	579,829,000	645,489,000	574,748,000	560,038,000	429,736,000	388,553,000	264,337,000	198,106,465	179,537,438	153,888,984	120,091,122	114,031,516	89,337,039	89,734,387	92,330,323	109,866,678
Total Liab	1,122,089,000	1,304,439,000	1,238,701,000	1,121,505,000	1,288,605,000	1,021,608,000	1,023,293,000	1,023,916,000	1,049,810,000	1,087,692,000	1,072,175,000	988,148,000	835,040,000	646,358,000	542,587,000	347,048,000	283,802,358	254,081,538	234,470,587	175,322,939	169,519,956	161,579,844	154,179,240	149,937,566	196,637,512
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Stockholder Equity	1,446,410,000	1,365,640,000	1,263,561,000	1,215,158,000	1,230,156,000	1,213,783,000	1,193,520,000	1,189,024,000	1,179,716,000	1,175,894,000	1,132,735,000	1,064,010,000	1,002,745,000	938,926,000	847,223,000	790,838,000	733,405,000	586,677,000	515,389,000	425,212,000	356,613,000	316,676,000	293,122,000	272,957,000	0
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2007-12-31	2007-06-30	2006-12-31	2006-06-30	2005-12-31	2005-06-30	2004-12-31	2004-06-30	2003-12-31	2003-06-30	2002-12-31	2002-06-30	2001-12-31	2001-06-30	2000-12-31
Accounts Payable	309,887,000	438,808,000	172,138,000	272,214,000	172,546,000	445,536,000	328,859,000	384,181,000	144,419,000	369,903,000	137,141,000	287,966,000	239,631,000	202,149,000	203,972,000	292,302,000	148,335,000	336,914,000	114,415,000	287,315,000	121,312,000	0	217,695,000	0	103,201,000	0	91,881,000	0	80,606,000	0	77,148,000	0	69,496,000	0	80,294,000	0	84,929,000	0	120,588,000	0	130,353,000	0	136,934,000	0	131,928,000	0	108,980,000	0	113,411,000	0	112,730,000	0	120,666,000	0	76,973,000	0	82,937,000	0	48,225,000	0	77,327,000	0	92,898,000	80,781,000	75,008,000	22,490,000	16,087,000	13,749,000	9,206,000	11,802,000	10,377,000	10,150,000	60,633,000	8,153,000	-	20,232,000	10,657,000	43,973,000
Accumulated Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Accumulated Depreciation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Accumulated Other Comprehensive Income	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-2,217,457,000	0	0	0	-2,023,948,000	0	-1,961,139,000	0	-1,854,128,000	0	0	0	-1,656,076,000	0	-1,565,381,000	0	-1,460,925,000	0	-1,361,635,000	0	-1,276,220,000	0	0	0	-1,117,360,000	0	0	0	-995,113,000	0	0	0	-862,852,000	0	-802,355,000	0	-740,809,000	0	-690,656,000	0	-633,570,000	0	0	0	-555,623,000	0	-466,939,817	-467,196,391	-437,110,008	-411,154,378	-385,884,886	-357,825,594	-328,899,178	-303,518,370	-287,367,699	-266,084,575	-259,793,181	-244,700,045	-233,595,178	-154,651,091	-213,016,326	-196,780,655
Additional Paid In Capital	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Capital Lease Obligations	113,438,000	121,772,000	123,225,000	124,491,000	125,760,000	127,805,000	128,748,000	129,464,000	129,848,000	129,621,000	130,432,000	131,358,000	129,223,000	129,750,000	135,580,000	170,804,000	171,536,000	164,555,000	163,838,000	163,171,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Capital Stock	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Capital Surpluse	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Cash	269,873,000	237,505,000	219,173,000	242,243,000	191,190,000	235,264,000	221,155,000	170,528,000	136,789,000	172,580,000	154,394,000	111,798,000	118,631,000	75,523,000	90,335,000	77,305,000	86,409,000	111,569,000	90,640,000	116,014,000	85,598,000	154,460,000	117,477,000	125,570,000	122,777,000	165,151,000	114,538,000	96,318,000	97,931,000	119,947,000	101,322,000	99,610,000	72,773,000	95,441,000	66,113,000	81,613,000	73,778,000	71,764,000	89,475,000	52,451,000	51,407,000	156,686,000	150,092,000	113,456,000	43,395,000	105,536,000	73,351,000	99,241,000	61,172,000	132,349,000	116,125,000	115,002,000	45,709,000	104,639,000	127,267,000	137,524,000	86,925,000	151,744,000	89,232,000	79,650,000	32,944,000	68,897,000	58,812,219	65,497,347	71,655,384	48,469,260	92,651,390	80,928,764	69,859,308	11,307,953	17,806,301	11,233,450	19,337,758	9,975,086	13,194,292	8,153,909	18,608,342	18,039,467
Cash And Equivalents	0	237,505,000	219,173,000	242,243,000	191,190,000	235,264,000	221,155,000	170,528,000	136,789,000	172,580,000	154,394,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Cash And Short Term Investments	0	289,187,000	277,184,000	306,493,000	233,301,000	273,091,000	252,426,000	194,816,000	163,536,000	205,006,000	188,033,000	146,179,000	145,950,000	106,311,000	113,749,000	98,722,000	110,665,000	147,692,000	112,845,000	124,081,000	95,489,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Common Stock	0	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	0	183,021,000	183,021,000	179,021,000	179,021,000	179,021,000	179,021,000	175,824,000	175,824,000	175,824,000	175,824,000	175,824,000	175,824,000	-	175,824,000	175,824,000	175,824,000
Common Stock Shares Outstanding	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,020,978	183,958,333	183,958,333	183,125,000	183,125,000	182,921,739	182,921,739	169,216,667	169,216,667	156,333,333	156,333,333	190,033,333	190,033,333	183,021,000	183,021,000	172,312,500	172,312,500	173,166,667	173,166,667	205,000,000	205,000,000	186,153,333	186,153,333	180,252,632	180,252,632	186,037,500	186,037,500	180,085,000	180,085,000	183,021,000	183,021,000	186,442,857	186,442,857	186,995,000	186,995,000	152,974,684	185,015,000	156,898,312	182,631,579	160,577,017	180,511,111	161,221,653	181,452,941	188,580,000	188,580,000	181,295,455	181,295,455	183,020,978	179,021,000	179,021,000	179,021,000	179,021,000	179,283,655	175,824,176	174,693,959	175,824,000	171,585,701	175,824,000	198,795,181	175,824,000	164,402,551	175,824,000	178,715,968
Common Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	183,021,000	182,928,693	183,036,084	178,720,268	178,679,713	179,066,322	179,078,304	175,827,906	175,827,906	175,827,906	175,827,906	175,827,906	175,785,029	175,593,204	175,826,419	175,584,708	175,599,576
Current Deferred Revenue	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Deferred Long Term Asset Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Deferred Long Term Liab	0	0	0	11,878,000	0	10,489,000	10,550,000	0	0	0	10,403,000	0	11,869,000	0	10,177,000	0	10,258,000	0	9,154,000	0	0	0	26,978,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Earning Assets	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Good Will	7,442,000	7,527,000	7,561,000	7,246,000	7,317,000	0	0	0	7,987,000	0	0	0	8,125,000	0	0	0	42,808,000	0	42,294,000	0	42,273,000	0	42,064,000	0	41,934,000	0	0	0	46,097,000	0	0	0	45,589,000	0	0	0	7,233,000	0	0	0	7,225,000	0	0	0	7,582,000	0	0	0	7,282,000	0	0	0	3,068,000	0	0	0	2,818,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Intangible Assets	92,744,000	89,880,000	85,505,000	75,218,000	69,813,000	79,143,000	74,734,000	70,657,000	66,344,000	76,606,000	74,879,000	72,257,000	67,494,000	72,601,000	104,520,000	101,409,000	19,583,000	103,852,000	102,016,000	97,693,000	77,112,000	0	72,907,000	0	17,666,000	0	102,729,000	0	71,335,000	0	100,201,000	0	70,889,000	0	65,226,000	0	67,324,000	0	68,286,000	0	62,423,000	0	40,118,000	0	56,253,000	37,516,000	36,103,000	35,372,000	38,854,000	36,925,000	30,686,000	27,067,000	25,453,000	21,639,000	20,967,000	21,120,000	18,017,000	11,315,000	11,091,000	10,462,000	10,677,000	9,362,000	8,699,465	8,488,503	6,691,080	6,612,280	5,085,113	5,013,644	2,889,074	2,988,412	4,900,665	4,735,102	4,610,930	4,503,276	3,902,071	2,955,275	3,141,346	2,579,429
Inventory	180,533,000	186,706,000	168,162,000	155,183,000	167,751,000	206,494,000	221,699,000	174,098,000	143,848,000	147,957,000	168,562,000	163,806,000	128,539,000	159,144,000	175,298,000	185,870,000	181,921,000	167,973,000	175,364,000	169,947,000	174,586,000	176,950,000	159,808,000	145,707,000	144,669,000	136,057,000	139,230,000	147,855,000	146,865,000	131,784,000	144,482,000	119,186,000	126,877,000	140,785,000	172,925,000	157,446,000	165,977,000	209,051,000	233,193,000	248,170,000	227,017,000	216,651,000	211,999,000	241,732,000	214,117,000	195,028,000	214,603,000	213,615,000	182,253,000	183,763,000	174,718,000	158,123,000	134,888,000	113,956,000	121,066,000	123,452,000	114,781,000	101,921,000	87,600,000	82,071,000	90,670,000	110,878,000	98,511,667	88,471,824	84,185,952	75,893,068	80,842,096	62,755,316	52,210,292	45,769,891	34,942,071	28,874,187	28,029,816	28,435,205	30,150,114	23,840,870	33,711,603	31,473,992
Liabilities And Stockholders Equity	0	2,781,820,000	2,719,277,000	2,710,608,000	2,670,079,000	2,793,316,000	2,772,369,000	2,610,802,000	2,502,262,000	2,547,660,000	2,531,851,000	2,373,364,000	2,336,663,000	2,415,946,000	2,465,699,000	2,510,788,000	2,518,761,000	2,493,560,000	2,438,339,000	2,433,635,000	2,235,894,000	2,285,750,000	2,216,248,000	2,206,754,000	2,216,813,000	2,259,171,000	2,213,477,000	2,201,329,000	2,212,940,000	2,223,293,000	2,238,811,000	2,226,338,000	2,229,526,000	2,230,688,000	2,244,304,000	2,250,877,000	2,263,586,000	2,250,538,000	2,288,717,000	2,243,587,000	2,204,910,000	2,243,508,000	2,209,090,000	2,176,522,000	2,052,158,000	2,012,686,000	1,961,185,000	1,949,664,000	1,837,785,000	1,790,631,000	1,733,032,000	1,695,957,000	1,585,284,000	1,513,883,000	1,499,303,000	1,473,129,000	1,389,810,000	1,365,807,000	1,235,627,000	1,176,264,000	1,137,886,000	1,131,626,000	1,071,487,476	1,017,254,305	906,930,273	839,634,800	813,346,164	750,020,077	646,730,469	600,538,392	560,977,113	526,134,380	504,536,686	478,183,291	464,396,075	447,297,775	451,659,421	422,538,547
Long Term Debt	143,198,000	134,337,000	140,240,000	159,815,000	222,478,000	239,476,000	238,728,000	271,038,000	287,175,000	279,683,000	267,758,000	290,541,000	251,379,000	237,818,000	314,963,000	247,545,000	290,882,000	293,625,000	284,690,000	311,045,000	269,422,000	0	284,809,000	0	289,858,000	0	300,191,000	0	372,887,000	0	414,932,000	0	434,475,000	0	359,830,000	0	370,301,000	0	332,304,000	0	302,862,000	0	366,398,000	0	293,774,000	0	270,781,000	0	180,675,000	0	128,228,000	0	131,352,000	0	130,509,000	0	85,471,000	0	72,099,000	0	32,827,000	0	35,287,000	39,688,000	42,667,000	35,634,000	35,804,000	44,570,000	35,357,000	38,818,000	40,049,000	41,959,000	47,776,000	60,655,000	-	65,484,000	69,452,000	53,341,000
Long Term Debt Total	0	248,495,000	256,053,000	276,778,000	340,678,000	359,993,000	360,491,000	393,657,000	410,397,000	402,462,000	392,119,000	416,625,000	374,023,000	361,765,000	444,380,000	412,918,000	455,025,000	450,748,000	441,068,000	474,216,000	269,422,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Long Term Investments	0	283,071,000	285,564,000	280,552,000	274,528,000	277,883,000	277,299,000	281,973,000	275,017,000	273,996,000	268,458,000	263,995,000	260,624,000	258,456,000	108,361,000	106,355,000	103,115,000	99,943,000	94,865,000	95,734,000	93,201,000	0	84,885,000	0	83,076,000	0	83,751,000	0	80,978,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Negative Goodwill	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Net Debt	0	60,359,000	101,319,000	84,307,000	147,557,000	106,946,000	114,550,000	171,930,000	203,661,000	204,807,000	228,338,000	304,400,000	250,290,000	386,775,000	438,156,000	456,156,000	380,313,000	351,794,000	354,054,000	330,521,000	321,562,000	278,239,000	315,415,000	333,450,000	342,498,000	332,710,000	378,511,000	396,643,000	418,340,000	405,010,000	450,153,000	463,758,000	467,928,000	462,909,000	472,308,000	479,380,000	465,651,000	449,453,000	446,536,000	499,543,000	444,222,000	397,289,000	400,503,000	456,558,000	401,626,000	339,020,000	361,752,000	312,917,000	257,201,000	181,997,000	199,676,000	175,444,000	187,911,000	120,895,000	144,007,000	133,440,000	147,397,000	95,935,000	85,187,000	69,594,000	92,644,000	2,687,000	15,698,797	6,165,488	-1,376,234	22,792,093	-22,827,038	-7,645,605	-6,200,334	54,428,836	50,852,675	59,619,236	53,567,909	71,290,825	71,832,832	71,348,772	68,473,076	74,257,787
Net Invested Capital	1,628,587,000	1,716,453,000	1,733,430,000	1,735,057,000	1,708,074,000	1,685,169,000	1,670,322,000	1,646,257,000	1,604,011,000	1,623,009,000	1,634,197,000	1,657,963,000	1,584,079,000	1,672,585,000	1,717,238,000	1,745,677,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Net Receivables	68,761,000	105,739,000	81,361,000	127,238,000	72,028,000	98,557,000	173,840,000	95,100,000	106,577,000	91,496,000	78,990,000	88,550,000	60,401,000	166,854,000	68,018,000	85,519,000	139,419,000	87,247,000	82,760,000	91,581,000	132,444,000	87,813,000	87,214,000	93,299,000	125,272,000	78,510,000	75,904,000	75,025,000	105,430,000	70,604,000	71,615,000	66,295,000	112,787,000	77,466,000	66,612,000	71,143,000	120,492,000	94,656,000	98,911,000	92,657,000	129,656,000	94,821,000	104,017,000	86,623,000	118,139,000	83,005,000	73,852,000	88,355,000	66,510,000	73,368,000	72,982,000	69,305,000	50,960,000	41,878,000	47,203,000	42,053,000	33,053,000	28,063,000	25,301,000	20,073,000	21,070,000	33,122,000	33,536,470	58,689,013	20,970,453	27,774,695	14,591,715	17,067,379	8,716,892	40,711,942	45,885,785	29,900,678	29,958,625	18,402,172	20,609,880	20,314,408	16,583,000	12,682,192
Net Tangible Assets	0	1,328,709,000	1,327,433,000	1,309,274,000	0	1,263,816,000	1,236,207,000	1,233,142,000	1,234,555,000	1,169,016,000	1,176,586,000	1,169,508,000	1,121,195,000	1,120,748,000	1,061,564,000	1,110,807,000	1,167,765,000	1,121,403,000	1,124,668,000	0	1,153,759,000	0	1,093,524,000	0	1,133,920,000	0	1,094,955,000	0	1,125,245,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Net Working Capital	-30,487,000	-29,125,000	-36,127,000	-790,000	-10,396,000	16,016,000	421,000	-1,111,000	-37,320,000	-61,491,000	-55,556,000	-23,536,000	-118,651,000	-130,092,000	-191,996,000	-224,551,000	-194,506,000	-127,712,000	-120,922,000	-68,535,000	-153,258,000	-88,920,000	-101,376,000	-101,107,000	-151,505,000	-129,985,000	-131,150,000	-145,656,000	-117,598,000	-93,905,000	-88,051,000	-110,707,000	-122,063,000	-121,319,000	-154,599,000	-149,891,000	-188,521,000	-147,938,000	-146,410,000	-134,378,000	-214,536,000	-70,895,000	-30,489,000	-49,944,000	-160,416,000	-69,878,000	-76,273,000	-78,787,000	-177,327,000	-132,943,000	-114,874,000	-117,489,000	-143,344,000	-64,488,000	-32,420,000	-63,101,000	-94,170,000	-44,317,000	-10,040,000	-2,378,000	-39,864,000	53,940,000	35,839,874	33,084,707	33,090,432	-17,630,148	47,940,778	22,056,802	25,273,192	-3,352,651	629,139	-27,855,975	-2,425,498	-14,188,629	-	-7,185,373	17,872,605	-12,955,016
Non Current Assets Total	2,094,190,000	2,057,019,000	2,058,854,000	2,033,320,000	2,059,618,000	2,023,327,000	2,019,739,000	2,008,343,000	2,021,424,000	1,999,718,000	1,984,766,000	1,980,218,000	2,001,359,000	2,014,763,000	2,205,220,000	2,239,614,000	2,265,997,000	2,180,132,000	2,156,097,000	2,135,022,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Non Current Liabilities Other	153,302,000	8,822,000	7,910,000	8,148,000	7,594,000	9,295,000	8,401,000	8,662,000	8,795,000	9,983,000	9,374,000	10,557,000	10,865,000	10,699,000	11,841,000	12,438,000	12,815,000	12,932,000	13,595,000	14,066,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Non Current Liabilities Total	433,082,000	430,419,000	434,681,000	451,792,000	511,369,000	526,618,000	524,648,000	554,916,000	575,235,000	549,692,000	536,558,000	560,527,000	516,087,000	523,686,000	612,829,000	586,607,000	627,186,000	619,803,000	609,340,000	640,068,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Non Currrent Assets Other	32,687,000	51,444,000	49,120,000	39,617,000	40,185,000	0	0	0	37,338,000	0	0	0	38,853,000	0	0	0	38,272,000	0	2,156,097,000	0	37,771,000	0	0	0	33,341,000	0	0	0	38,971,000	0	0	0	34,504,000	0	0	0	37,107,000	0	0	0	42,816,000	0	0	0	17,379,000	55,620,000	3,985,000	51,262,000	50,938,000	42,540,000	40,824,000	40,091,000	39,643,000	36,067,000	35,132,000	31,991,000	31,566,000	29,212,000	0	0	0	0	61,794,305	57,585,946	58,067,930	57,873,045	34,788,246	33,287,041	22,069,548	21,680,475	7,938,746	7,408,944	5,745,036	5,678,763	5,820,038	100,048,875	5,505,622	4,786,825
Noncontrolling Interest In Consolidated Entity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Other Assets	0	18,092,000	17,561,000	68,026,000	16,293,000	16,167,000	67,266,000	11,847,000	49,499,000	12,206,000	13,599,000	11,896,000	59,370,000	60,812,000	75,374,000	28,901,000	62,531,000	26,125,000	27,018,000	24,967,000	101,738,000	0	86,318,000	0	276,637,000	0	282,029,000	0	275,441,000	0	275,988,000	0	259,595,000	0	268,603,000	0	266,474,000	0	271,731,000	0	262,334,000	0	220,754,000	0	184,676,000	0	170,149,000	0	162,868,000	0	143,285,000	0	131,496,000	0	87,537,000	0	80,438,000	0	78,149,000	0	70,792,000	0	70,524,000	66,074,000	64,868,000	64,604,000	39,860,000	38,282,000	24,952,000	24,668,000	12,838,000	12,142,000	10,356,000	10,187,000	-	9,399,000	8,652,000	7,370,000
Other Current Assets	60,798,000	143,169,000	133,716,000	96,123,000	21,133,000	191,847,000	110,848,000	138,445,000	62,902,000	103,483,000	111,500,000	149,001,000	125,043,000	90,607,000	93,133,000	117,303,000	83,108,000	117,878,000	110,424,000	0	73,118,000	0	70,574,000	0	58,303,000	0	94,578,000	0	66,763,000	0	88,172,000	0	73,588,000	0	99,340,000	0	66,303,000	0	85,075,000	0	50,514,000	0	120,089,000	0	65,388,000	0	99,143,000	0	63,794,000	0	66,838,000	0	38,321,000	0	77,513,000	0	39,145,000	0	74,743,000	0	22,074,000	0	67,912,000	11,212,000	37,661,000	692,000	32,548,000	740,000	27,016,000	7,879,000	57,982,000	4,895,000	18,910,000	3,862,000	-	2,131,000	28,065,000	246,000
Other Current Liab	14,957,000	106,241,000	297,148,000	217,296,000	12,844,000	141,232,000	246,296,000	90,619,000	235,332,000	96,111,000	290,897,000	109,642,000	174,023,000	280,189,000	223,895,000	90,787,000	255,145,000	98,618,000	246,280,000	0	237,263,000	0	156,830,000	0	298,049,000	0	277,175,000	0	273,841,000	0	272,481,000	0	284,630,000	0	302,035,000	0	310,107,000	0	331,507,000	0	322,369,000	0	298,253,000	0	291,573,000	0	279,388,000	0	308,929,000	0	246,270,000	0	206,802,000	0	190,759,000	0	156,765,000	0	143,534,000	0	94,249,000	0	102,196,000	86,380,000	84,243,000	121,626,000	126,451,000	111,400,000	96,517,000	81,011,000	80,326,000	74,989,000	15,531,000	55,121,000	-	39,683,000	8,881,000	0
Other Liab	0	181,924,000	178,628,000	175,024,000	170,691,000	166,625,000	164,173,000	161,259,000	164,838,000	147,230,000	144,439,000	143,902,000	142,074,000	161,928,000	168,456,000	173,689,000	172,161,000	169,055,000	168,272,000	0	165,800,000	0	157,358,000	0	144,108,000	0	142,157,000	0	138,126,000	0	134,146,000	0	130,808,000	0	125,623,000	0	121,662,000	0	111,791,000	0	108,658,000	0	101,444,000	0	97,340,000	0	77,511,000	0	73,578,000	0	66,501,000	0	63,755,000	0	50,524,000	0	47,114,000	0	38,487,000	0	37,424,000	0	26,972,000	25,796,000	20,060,000	19,476,000	15,638,000	15,233,000	705,000	2,438,000	2,248,000	2,000,000	0	1,684,000	-	1,354,000	1,306,000	0
Other Stockholder Equity	0	332,347,000	334,575,000	-12,310,000	332,721,000	322,378,000	-14,892,000	309,742,000	-36,718,000	299,386,000	303,452,000	303,068,000	-21,318,000	-17,149,000	-14,701,000	302,301,000	106,729,000	304,501,000	300,549,000	0	-28,470,000	0	-15,225,000	0	-24,015,000	0	297,755,000	0	-25,342,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Preferred Stock Redeemable	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Preferred Stock Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Property Plant And Equipment Gross	791,034,000	1,665,976,000	1,670,224,000	1,661,019,000	1,695,578,000	1,650,134,000	0	0	0	0	0	1,632,070,000	1,661,877,000	1,673,347,000	1,962,948,000	2,002,949,000	2,037,960,000	1,950,212,000	1,932,198,000	1,916,628,000	1,705,901,000	1,658,442,000	1,657,639,000	1,669,990,000	1,702,813,000	1,681,790,000	1,686,890,000	1,700,630,000	1,739,545,000	1,719,739,000	1,735,832,000	1,752,908,000	1,784,905,000	1,699,221,000	1,710,408,000	1,718,942,000	1,747,691,000	1,654,147,000	1,645,267,000	1,629,198,000	1,648,823,000	1,553,363,000	1,531,825,000	1,562,302,000	1,569,888,000	1,431,778,000	1,404,928,000	1,378,896,000	1,372,007,000	1,256,492,000	1,234,391,000	1,224,982,000	1,238,599,000	1,132,696,000	1,100,847,000	1,085,430,000	1,075,467,000	968,266,000	928,401,000	901,153,000	898,909,000	810,882,000	782,705,014	762,935,250	655,946,342	644,096,893	579,031,213	564,063,151	471,457,199	468,518,456	434,387,643	433,419,100	400,538,288	397,703,797	366,001,051	261,744,612	338,926,433	340,782,228
Property Plant And Equipment Net	1,647,290,000	1,665,976,000	1,670,224,000	1,661,019,000	1,695,578,000	1,650,134,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Property Plant Equipment	0	1,665,976,000	1,670,224,000	1,591,094,000	1,695,578,000	1,650,134,000	1,582,118,000	1,643,866,000	1,667,902,000	1,636,910,000	1,627,830,000	1,632,070,000	1,596,429,000	1,612,396,000	1,897,741,000	2,002,949,000	2,037,960,000	1,950,212,000	1,932,198,000	1,916,628,000	1,709,388,000	0	1,657,655,000	0	1,702,813,000	0	1,686,890,000	0	1,739,545,000	0	1,735,832,000	0	1,784,905,000	0	1,710,408,000	0	1,747,691,000	0	1,645,267,000	0	1,648,823,000	0	1,531,825,000	0	1,569,888,000	0	1,404,928,000	0	1,372,007,000	0	1,234,391,000	0	1,238,599,000	0	1,100,847,000	0	1,075,467,000	0	928,401,000	0	898,909,000	0	783,087,000	762,882,000	657,041,000	645,337,000	578,894,000	563,890,000	471,457,000	468,519,000	434,388,000	433,419,000	400,537,000	397,798,000	-	365,063,000	339,310,000	341,229,000
Retained Earnings	914,375,000	903,221,000	895,342,000	1,114,438,000	853,585,000	837,560,000	1,043,698,000	811,036,000	983,950,000	763,215,000	764,992,000	755,676,000	727,955,000	725,325,000	701,052,000	726,894,000	743,124,000	737,733,000	743,114,000	742,437,000	732,182,000	733,026,000	728,242,000	722,432,000	712,437,000	708,922,000	716,908,000	716,898,000	711,197,000	705,030,000	707,732,000	697,972,000	711,755,000	708,894,000	715,132,000	713,451,000	707,303,000	705,887,000	708,602,000	703,567,000	669,300,000	645,669,000	645,365,000	639,828,000	603,808,000	585,679,000	588,657,000	595,908,000	556,717,000	539,626,000	531,812,000	536,370,000	499,288,000	471,767,000	465,750,000	456,604,000	424,067,000	410,263,000	401,607,000	397,556,000	378,600,000	397,224,000	357,164,777	332,454,191	317,697,041	263,586,690	252,272,754	203,872,022	178,543,139	143,625,903	120,918,937	89,577,861	85,322,892	58,989,598	51,396,561	51,820,781	45,690,051	33,011,728
Retained Earnings Total Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Short Long Term Debt	38,979,000	163,527,000	180,252,000	166,735,000	116,269,000	102,734,000	96,977,000	71,420,000	53,275,000	97,704,000	114,974,000	125,657,000	117,542,000	224,480,000	213,528,000	285,916,000	175,840,000	169,738,000	160,004,000	135,490,000	75,370,000	0	59,778,000	0	81,536,000	0	493,049,000	0	517,703,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Short Long Term Debt Total	0	0	0	0	0	0	0	0	0	402,462,000	392,119,000	416,198,000	368,921,000	462,298,000	528,491,000	533,461,000	466,722,000	463,363,000	444,694,000	446,535,000	407,160,000	432,699,000	432,892,000	459,020,000	465,275,000	497,861,000	493,049,000	492,961,000	516,271,000	524,957,000	551,475,000	563,368,000	540,701,000	558,350,000	538,421,000	560,993,000	539,429,000	521,217,000	536,011,000	551,994,000	495,629,000	553,975,000	550,595,000	570,014,000	445,021,000	444,556,000	435,103,000	412,158,000	318,373,000	314,346,000	315,801,000	290,446,000	233,620,000	225,534,000	271,274,000	270,964,000	234,322,000	247,679,000	174,419,000	149,244,000	125,588,000	71,584,000	74,511,017	71,662,835	70,279,151	71,261,353	69,824,352	73,283,160	63,658,974	65,736,789	68,658,976	70,852,686	72,905,667	81,265,911	85,027,124	79,502,680	87,081,418	92,297,254
Short Term Debt	0	0	0	0	0	0	0	0	0	0	0	125,657,000	117,542,000	224,480,000	213,528,000	285,916,000	175,840,000	169,738,000	160,004,000	135,490,000	137,738,000	151,802,000	148,083,000	159,746,000	175,417,000	197,936,000	192,858,000	198,618,000	143,384,000	141,016,000	136,543,000	138,538,000	106,226,000	167,272,000	178,591,000	184,136,000	169,128,000	182,685,000	203,707,000	218,187,000	192,767,000	203,125,000	184,197,000	213,004,000	151,247,000	145,712,000	164,322,000	173,170,000	137,698,000	184,423,000	187,573,000	183,078,000	102,268,000	77,457,000	140,765,000	177,570,000	148,851,000	175,498,000	102,320,000	96,246,000	92,761,000	36,439,000	39,240,138	30,937,014	27,684,344	35,696,955	34,012,687	28,701,293	28,302,995	27,276,504	28,609,286	28,890,744	25,132,463	20,628,975	18,047,079	21,233,275	17,723,805	39,022,128
Short Term Investments	7,404,000	51,682,000	58,011,000	64,250,000	42,111,000	37,827,000	31,271,000	24,288,000	26,747,000	32,426,000	33,639,000	34,381,000	27,319,000	30,788,000	23,414,000	21,417,000	24,256,000	36,123,000	22,205,000	8,067,000	9,535,000	12,427,000	11,072,000	849,000	13,344,000	4,318,000	6,514,000	4,719,000	686,000	875,000	832,000	840,000	919,000	1,332,000	1,331,000	283,000	2,243,000	2,510,000	2,738,000	390,000	5,843,000	3,359,000	2,698,000	1,934,000	2,850,000	15,700,000	15,468,000	450,000	418,000	596,000	1,036,000	711,000	3,013,000	3,051,000	3,028,000	31,000	29,000	7,371,000	7,163,000	10,421,000	10,425,000	13,661,000	10,927,460	18,043,548	3,398,765	3,009,835	3,885,794	1,695,435	1,498,345	1,399,007	802,981	2,640,730	2,624,174	2,607,595	2,637,205	3,253,285	12,251,249	5,803,715
Temporary Equity Redeemable Noncontrolling Interests	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Total Assets	2,752,710,000	2,781,820,000	2,719,277,000	2,710,608,000	2,670,079,000	2,793,316,000	2,772,369,000	2,610,802,000	2,502,262,000	2,547,660,000	2,531,851,000	2,527,754,000	2,488,126,000	2,566,644,000	2,677,347,000	2,727,028,000	2,732,910,000	2,700,922,000	2,637,490,000	2,634,160,000	2,432,266,000	2,483,265,000	2,408,038,000	2,397,593,000	2,404,612,000	2,445,812,000	2,399,683,000	2,389,851,000	2,396,651,000	2,405,704,000	2,418,243,000	2,393,227,000	2,393,844,000	2,372,443,000	2,385,332,000	2,394,256,000	2,405,473,000	2,392,099,000	2,426,390,000	2,382,476,000	2,342,110,000	2,379,017,000	2,341,474,000	2,297,181,000	2,168,896,000	2,109,665,000	2,051,494,000	2,034,273,000	1,917,586,000	1,873,069,000	1,809,375,000	1,770,687,000	1,656,487,000	1,582,784,000	1,564,461,000	1,536,951,000	1,450,288,000	1,424,451,000	1,290,589,000	1,230,625,000	1,194,174,000	1,187,802,000	1,123,272,941	1,060,200,871	940,469,312	870,489,508	843,425,084	778,309,621	655,712,262	609,925,814	567,169,169	531,738,687	509,760,199	483,034,246	469,521,677	447,297,775	456,743,442	427,523,789
Total Current Assets	658,520,000	724,801,000	660,423,000	677,288,000	613,867,000	769,989,000	752,630,000	602,459,000	480,838,000	547,942,000	547,085,000	547,536,000	486,767,000	551,881,000	472,127,000	487,414,000	466,913,000	520,790,000	481,393,000	499,138,000	433,128,000	534,908,000	464,504,000	449,281,000	425,162,000	480,409,000	430,764,000	411,884,000	381,665,000	415,102,000	406,423,000	378,027,000	349,344,000	409,834,000	406,321,000	405,189,000	391,308,000	465,807,000	509,392,000	484,920,000	430,953,000	595,740,000	588,895,000	546,577,000	414,332,000	503,673,000	476,417,000	491,994,000	382,711,000	464,526,000	431,699,000	409,763,000	286,392,000	330,062,000	376,077,000	366,179,000	294,383,000	368,659,000	284,039,000	260,205,000	224,473,000	307,069,000	270,074,157	231,191,172	219,763,961	161,907,290	224,520,512	175,945,786	159,296,440	116,738,471	119,942,115	86,175,542	98,865,945	75,148,410	93,798,517	82,549,014	109,170,040	79,375,307
Total Current Liabilities	689,007,000	753,926,000	696,550,000	678,078,000	624,263,000	753,973,000	752,209,000	603,570,000	518,158,000	609,433,000	602,641,000	571,072,000	605,418,000	681,973,000	664,123,000	711,965,000	661,419,000	648,502,000	602,315,000	567,673,000	586,386,000	623,828,000	565,880,000	550,388,000	576,667,000	610,394,000	561,914,000	557,540,000	499,263,000	509,007,000	494,474,000	488,734,000	471,407,000	531,153,000	560,920,000	555,080,000	579,829,000	613,745,000	655,802,000	619,298,000	645,489,000	666,635,000	619,384,000	596,521,000	574,748,000	573,551,000	552,690,000	570,781,000	560,038,000	597,469,000	546,573,000	527,252,000	429,736,000	394,550,000	408,497,000	429,280,000	388,553,000	412,976,000	294,079,000	262,583,000	264,337,000	253,129,000	234,234,282	198,106,465	186,673,529	179,537,438	176,579,734	153,888,984	134,023,249	120,091,122	119,312,976	114,031,516	101,291,443	89,337,039	83,869,730	89,734,387	91,297,435	92,330,323
Total Liab	1,122,089,000	1,363,231,000	1,306,339,000	1,302,101,000	1,304,439,000	1,450,357,000	1,276,857,000	1,158,486,000	1,238,701,000	1,302,038,000	1,139,199,000	1,131,599,000	1,121,505,000	1,205,659,000	1,276,952,000	1,298,572,000	1,288,605,000	1,268,305,000	1,211,655,000	1,207,741,000	1,021,608,000	1,068,302,000	1,008,041,000	1,005,990,000	1,023,293,000	1,066,205,000	1,015,793,000	1,003,760,000	1,023,916,000	1,041,383,000	1,056,392,000	1,057,201,000	1,049,810,000	1,061,335,000	1,062,293,000	1,072,099,000	1,087,692,000	1,078,782,000	1,113,266,000	1,076,235,000	1,072,175,000	1,140,095,000	1,107,962,000	1,075,551,000	988,148,000	972,459,000	920,352,000	905,601,000	835,040,000	812,614,000	758,890,000	718,650,000	646,358,000	614,324,000	607,985,000	591,550,000	542,587,000	543,255,000	422,003,000	367,929,000	347,048,000	334,518,000	314,613,495	283,802,358	267,506,337	254,081,538	251,161,385	234,470,587	186,051,421	175,322,939	173,021,613	169,519,956	161,539,819	161,579,844	160,935,636	154,179,240	166,342,537	149,937,566
Total Permanent Equity	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Total Stockholder Equity	1,446,410,000	1,418,589,000	1,412,938,000	1,408,507,000	1,365,640,000	1,342,959,000	1,334,617,000	1,303,799,000	1,263,561,000	1,245,622,000	1,251,465,000	1,241,765,000	1,215,158,000	1,210,287,000	1,188,747,000	1,212,216,000	1,230,156,000	1,225,255,000	1,226,684,000	1,225,894,000	1,213,783,000	0	1,208,495,000	0	1,193,520,000	0	1,197,684,000	0	1,189,024,000	0	1,182,419,000	0	1,179,716,000	0	1,182,011,000	0	1,175,894,000	0	1,175,451,000	0	1,132,735,000	0	1,101,128,000	0	1,064,010,000	0	1,040,833,000	0	1,002,745,000	0	974,142,000	0	938,926,000	0	891,318,000	0	847,223,000	0	813,624,000	0	790,838,000	0	757,243,000	733,405,000	640,491,000	586,677,000	562,049,000	515,389,000	460,677,000	425,212,000	387,958,000	356,613,000	342,996,000	316,676,000	-	293,122,000	285,708,000	272,957,000
Treasury Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0
Warrants	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0

Cash Flow

Currency in CNY. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31
Begin Period Cash Flow	191,190,000	136,789,000	118,631,000	86,409,000	85,954,000	122,777,000	97,931,000	72,773,000	73,778,000	51,407,000	43,395,000	61,172,000	45,709,000	86,925,000	33,150,000	68,652,000	48,564,172	80,750,910	11,690,428	11,233,450	9,975,171	11,125,740	18,062,771	17,824,514	15,107,496
Capital Expenditures	282,519,000	246,543,000	261,617,000	256,727,000	322,942,000	271,888,000	233,076,000	186,835,000	221,336,000	309,622,000	307,051,000	319,127,000	273,543,000	264,182,000	261,067,000	219,325,000	175,044,327	131,512,635	120,860,295	90,447,067	81,109,314	70,678,247	51,117,144	56,681,294	42,971,513
Cash And Cash Equivalents Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	57,811,000	54,401,000	18,158,000	32,222,000	455,000	-37,179,000	24,846,000	25,158,000	-1,005,000	22,371,000	8,012,000	-17,777,000	15,463,000	-41,216,000	53,775,000	-35,708,000	16,933,175	-32,281,650	69,238,336	74,503	1,258,279	-1,150,653	-6,945,309	214,952	2,740,044
Change In Working Capital	-3,137,000	-110,263,000	-34,899,000	56,689,000	31,121,000	6,764,000	63,591,000	-532,000	13,674,000	41,504,000	-10,303,000	-64,926,000	1,377,000	31,741,000	37,833,000	-43,223,000	-8,612,689	-11,197,210	6,353,845	-58,418,905	-11,018,218	-16,903,839	-25,943,503	-2,323,139	-3,849,307
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	11,533,000	-20,127,000	-8,265,000	14,751,000	-5,017,000	-9,203,000	-2,779,000	5,281,000	5,581,000	2,651,000	-13,621,000	-13,412,000	0	0	16,240,000	0	0	0	165,000	0	3,612,000	4,554,000	0	18,002,000	0
Change To Inventory	-19,193,000	-32,470,000	-15,889,000	43,645,000	-5,624,000	-34,110,000	1,141,000	-22,638,000	36,256,000	59,215,000	-13,887,000	-32,586,000	-39,942,000	-20,004,000	-20,044,000	-10,771,000	-12,046,077	-13,419,498	-15,904,795	-17,044,711	-562,914	157,284	4,139,040	-15,129,342	-107,615
Change To Liabilities	0	0	-10,745,000	20,986,000	43,021,000	50,019,000	65,229,000	16,825,000	-28,163,000	-16,966,000	17,205,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	0	47,380,000	12,746,000	60,806,000	63,400,000	47,422,000	37,809,000	4,767,000	18,564,000	-2,311,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	0	18,701,000	161,495,000	161,495,000	161,495,000	161,495,000	-4,341,000	-8,230,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	222,345,000	238,036,000	236,818,000	203,932,000	225,262,000	232,276,000	219,432,000	218,147,000	202,875,000	185,841,000	171,544,000	0	0	0	0	0	66,629,635	61,272,755	51,323,240	46,407,309	40,529,822	36,779,509	33,368,940	33,714,457	23,311,073
Dividends Paid	-97,219,000	54,686,000	39,866,000	44,778,000	30,684,000	27,369,000	19,626,000	8,450,000	29,005,000	59,475,000	53,470,000	58,041,000	63,300,000	56,153,000	52,517,000	56,364,000	64,518,467	68,454,253	53,680,702	34,685,449	29,759,949	17,781,316	26,754,755	33,070	0
End Period Cash Flow	249,001,000	191,190,000	136,789,000	118,631,000	86,409,000	85,598,000	122,777,000	97,931,000	72,773,000	73,778,000	51,407,000	43,395,000	61,172,000	45,709,000	86,925,000	32,944,000	65,497,347	48,469,260	80,928,764	11,307,953	11,233,450	9,975,086	11,117,461	18,039,467	17,847,540
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	174,077,000	393,768,000	75,906,000	318,575,000	36,668,000	79,677,000	133,579,000	78,344,000	39,976,000	46,855,000	-18,522,000	-79,839,000	16,612,000	46,504,000	905,000	-48,819,000	28,716,269	66,208,573	83,084,389	46,854,329	57,706,984	27,640,509	33,377,219	47,355,667	11,076,071
Investments	-255,789,000	-232,971,000	-582,000	-181,986,000	-332,948,000	-267,732,000	-243,546,000	-175,887,000	2,220,000	809,000	-6,974,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	0	-39,358,000	-28,170,000	50,707,000	-65,860,000	-43,861,000	-36,392,000	12,018,000	44,168,000	54,282,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	161,144,000	149,380,000	92,170,000	19,006,000	45,682,000	52,591,000	22,798,000	7,857,000	35,517,000	107,172,000	129,599,000	115,326,000	132,961,000	139,992,000	103,387,000	126,651,000	145,634,075	141,953,488	133,406,514	102,930,517	69,610,963	46,895,323	46,804,264	55,160,093	26,994,819
Other Cashflows From Financing Activities	0	-21,316,000	-28,747,000	-181,986,000	-12,846,000	-13,082,000	-11,648,000	-2,889,000	-7,675,000	-7,966,000	8,338,000	26,036,000	-2,179,000	-4,281,000	1,297,000	5,014,000	-4,806,743	-1,590,690	-2,462,418	2,582,783	438,742	-115,893	769,861	-11,838,917	13,509,827
Other Cashflows From Investing Activities	0	10,742,000	50,367,000	7,310,000	7,725,000	4,769,000	6,401,000	10,989,000	4,395,000	10,738,000	8,927,000	0	0	0	0	0	0	0	0	0	0	1,634,000	0	0	0
Other Non Cash Items	20,939,000	33,398,000	10,992,000	-14,507,000	35,678,000	27,162,000	28,962,000	30,546,000	9,110,000	33,786,000	32,895,000	28,018,000	58,770,000	10,911,000	10,373,000	-15,980,000	-2,286,490	-148,153	-484,410	0	-8,278	0	-8,278	0	-9,428,733
Sale Purchase Of Stock	0	0	0	0	0	0	226,000	135,000	246,000	253,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	-164,891,000	-113,713,000	-107,971,000	-99,400,000	-27,276,000	-123,515,000	-94,725,000	-67,007,000	-45,439,000	-44,312,000	-12,239,000	75,356,000	9,259,000	-60,944,000	53,077,000	7,845,000	-2,651,744	-71,604,443	-42,644,227	-38,692,073	-39,768,233	-27,822,627	-29,809,366	-43,503,059	-10,893,953
Total Cash From Operating Activities	456,596,000	393,768,000	341,469,000	318,575,000	359,610,000	351,565,000	366,655,000	265,179,000	261,312,000	356,477,000	288,529,000	239,288,000	290,155,000	310,686,000	261,972,000	170,506,000	203,760,596	197,721,208	203,944,684	137,301,396	138,816,297	98,318,756	84,494,363	104,036,962	54,047,584
Total Cashflows From Investing Activities	0	-232,971,000	-213,032,000	-181,986,000	-332,948,000	-267,812,000	-243,546,000	-175,887,000	-215,879,000	-290,838,000	-266,510,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2007-12-31	2007-09-30	2007-06-30	2006-12-31	2006-06-30	2005-12-31	2005-06-30	2004-12-31	2004-06-30	2003-12-31	2003-06-30	2002-12-31	2001-12-31	2001-06-30	2000-12-31
Begin Period Cash Flow	237,505,000	219,173,000	242,243,000	191,190,000	235,264,000	221,155,000	170,528,000	136,789,000	172,580,000	154,394,000	111,798,000	118,631,000	75,523,000	90,335,000	77,305,000	86,409,000	111,569,000	90,640,000	116,014,000	85,598,000	154,460,000	117,477,000	125,570,000	122,777,000	165,151,000	114,538,000	96,318,000	97,931,000	119,947,000	101,322,000	99,610,000	72,773,000	95,441,000	66,113,000	81,613,000	73,778,000	71,764,000	89,475,000	52,451,000	51,407,000	156,686,000	150,092,000	113,456,000	43,395,000	105,536,000	73,351,000	99,241,000	61,172,000	132,349,000	116,125,000	115,002,000	45,709,000	104,639,000	127,267,000	137,524,000	86,925,000	151,744,000	89,232,000	79,650,000	32,944,000	68,897,000	58,812,219	65,497,347	48,768,000	71,655,384	0	0	0	0	0	0	0	0	0	0	0	0	0
Capital Expenditures	107,344,000	62,746,000	60,501,000	50,897,000	88,675,000	65,556,000	50,466,000	51,812,000	92,239,000	58,009,000	74,402,000	37,095,000	89,692,000	163,049,000	107,017,000	49,101,000	135,823,000	177,694,000	121,294,000	59,971,000	118,968,000	54,086,000	40,530,000	58,304,000	107,274,000	0	80,467,000	41,195,000	69,794,000	32,980,000	32,531,000	51,530,000	72,115,000	43,893,000	50,898,000	54,430,000	119,078,000	0	129,733,000	75,495,000	102,586,000	0	134,069,000	66,131,000	126,526,000	63,819,000	57,349,000	71,433,000	109,882,000	62,643,000	47,207,000	53,811,000	101,898,000	59,451,000	43,685,000	59,148,000	106,436,000	64,471,000	51,661,000	38,499,000	93,065,000	50,048,852	75,987,000	77,021,327	39,552,085	58,805,000	130,409,000	45,574,000	119,227,000	35,038,000	90,448,000	30,627,000	81,109,000	26,068,000	70,699,000	1,492,000	14,105,000	934,000
Cash And Cash Equivalents Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Cash Flows Other Operating	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Cash	11,496,000	18,332,000	-23,070,000	-23,070,000	-23,070,000	14,109,000	50,627,000	33,739,000	-35,791,000	18,186,000	42,596,000	-6,833,000	43,108,000	-10,886,000	3,926,000	-9,104,000	-25,160,000	25,615,000	4,686,000	30,416,000	-68,862,000	36,983,000	-8,093,000	2,793,000	-42,374,000	0	18,220,000	-1,613,000	-22,016,000	18,625,000	1,712,000	26,837,000	-22,668,000	29,328,000	-15,500,000	7,835,000	2,014,000	0	0	1,044,000	-105,279,000	0	0	70,061,000	-62,141,000	32,185,000	-25,890,000	38,069,000	-71,177,000	16,224,000	1,123,000	69,293,000	-58,930,000	-22,628,000	-10,257,000	50,599,000	-64,819,000	62,512,000	9,582,000	46,706,000	-35,953,000	10,084,781	0	16,729,347	-22,887,384	0	0	0	0	0	0	0	0	0	0	0	0	0
Change In Working Capital	-1,362,000	-19,870,000	-18,900,000	7,700,000	-110,263,000	-37,786,000	-121,000	-21,458,000	-14,967,000	-43,357,000	-69,305,000	-101,757,000	56,689,000	-38,104,000	-46,040,000	-75,555,000	-4,149,000	-6,790,000	-52,387,000	-15,391,000	9,969,000	20,108,000	-17,080,000	-6,233,000	24,064,000	1,165,000	14,506,000	1,795,000	-14,926,000	17,695,000	-12,959,000	9,658,000	17,277,000	22,845,000	3,111,000	-29,559,000	35,957,000	-1,528,000	-12,032,000	-60,456,000	-14,584,000	-40,406,000	19,455,000	-64,147,000	-3,626,000	29,723,000	-27,108,000	-63,915,000	6,287,000	12,616,000	-6,812,000	-10,714,000	-16,175,000	31,213,000	9,082,000	7,621,000	6,369,000	-7,386,000	17,784,000	21,066,000	-22,241,000	-8,203,590	2,755,167	-16,654,689	6,513,697	50,720,580	-65,570,926	25,883,976	-3,216,390	28,625,843	-3,981,790	28,485,114	-25,430,477	11,763,131	-7,003,256	-25,057,979	30,827,621	0
Change Receivables	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Account Receivables	0	-31,714,000	-6,100,000	-6,100,000	-6,100,000	-89,591,000	-12,123,000	-74,627,000	26,028,000	-11,223,000	-11,000	-23,059,000	41,749,000	-20,679,000	24,289,000	-30,608,000	32,438,000	0	11,025,000	-35,269,000	45,143,000	-14,445,000	-9,380,000	-30,521,000	34,266,000	0	-11,142,000	-26,920,000	24,351,000	-3,460,000	-7,142,000	-8,468,000	25,466,000	-2,577,000	-2,234,000	-15,074,000	38,382,000	0	0	-28,308,000	44,931,000	0	0	-27,443,000	0	0	0	0	0	0	0	0	0	0	0	0	16,240,000	0	11,679,000	0	0	0	0	0	-	0	0	0	165,000	0	0	0	3,612,000	0	4,554,000	0	0	18,002,000
Change To Inventory	0	-18,554,000	-14,430,000	-14,430,000	-14,430,000	-63,220,000	-48,180,000	-30,239,000	3,588,000	20,553,000	-4,737,000	-35,293,000	30,405,000	14,770,000	10,265,000	-11,795,000	-8,782,000	0	-3,287,000	4,693,000	-1,715,000	-17,229,000	-14,118,000	-1,048,000	-9,389,000	0	7,362,000	-1,163,000	-17,724,000	12,680,000	-25,295,000	7,701,000	11,182,000	32,134,000	-15,594,000	8,534,000	41,284,000	0	0	-21,182,000	-10,499,000	0	1,262,000	-27,615,000	-19,297,000	19,605,000	-1,481,000	-31,413,000	1,456,000	-1,204,000	-16,940,000	-23,254,000	-21,003,000	7,184,000	2,393,000	-8,578,000	-8,733,000	-14,321,000	-5,589,000	8,599,000	16,686,000	-15,946,834	0	-9,947,077	6,105,177	0	0	0	0	0	0	0	0	636,000	157,000	4,139,000	0	0
Change To Liabilities	0	62,120,000	16,516,000	0	0	164,444,000	45,490,000	83,408,000	-44,583,000	18,771,000	58,472,000	-43,405,000	29,715,000	13,235,000	11,188,000	-33,152,000	16,275,000	36,309,000	-26,007,000	0	-33,459,000	0	6,945,000	0	-813,000	0	5,711,000	0	-21,553,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Netincome	0	5,826,000	-1,643,000	82,752,000	82,752,000	5,759,000	28,449,000	12,811,000	37,227,000	12,935,000	-17,238,000	14,456,000	9,521,000	-16,536,000	7,031,000	12,730,000	16,261,000	3,186,000	21,921,000	0	24,353,000	0	15,691,000	0	34,323,000	0	1,527,000	0	27,975,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Change To Operating Activities	0	0	0	0	0	0	7,819,000	7,819,000	7,819,000	7,819,000	11,768,000	11,768,000	18,701,000	18,701,000	18,701,000	18,701,000	161,495,000	161,495,000	161,495,000	0	8,096,000	0	-823,000	0	823,000	0	823,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Depreciation	0	55,237,000	59,333,000	59,333,000	59,333,000	62,215,000	53,597,000	54,012,000	75,418,000	47,588,000	56,032,000	57,780,000	31,431,000	165,389,000	114,388,000	57,825,000	225,262,000	164,981,000	108,607,000	55,091,000	232,276,000	0	65,903,000	0	58,541,000	0	60,249,000	0	55,087,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Dividends Paid	-10,665,000	38,648,000	35,594,000	4,687,000	4,687,000	50,410,000	8,121,000	8,121,000	21,896,000	16,662,000	1,308,000	9,752,000	31,388,000	13,390,000	1,071,000	11,196,000	47,000	17,601,000	1,347,000	0	12,194,000	14,394,000	781,000	0	12,187,000	0	242,000	0	3,802,000	4,551,000	97,000	0	1,553,000	27,452,000	0	0	30,000	0	945,000	0	29,485,000	0	0	0	27,912,000	0	0	0	29,703,000	2,531,000	36,128,000	0	32,354,000	1,793,000	25,592,000	0	25,150,000	0	27,367,000	0	24,591,000	3,076,421	28,708,000	1,927,533	38,799,674	27,694,000	71,622,000	33,775,000	0	26,143,000	34,685,000	14,137,000	29,763,000	0	17,785,000	26,759,000	14,473,000	33,000
End Period Cash Flow	249,001,000	237,505,000	219,173,000	242,243,000	191,190,000	235,264,000	221,155,000	170,528,000	136,789,000	172,580,000	154,394,000	111,798,000	118,631,000	75,523,000	90,335,000	77,305,000	86,409,000	111,569,000	90,640,000	116,014,000	85,598,000	154,460,000	117,477,000	125,570,000	122,777,000	165,151,000	114,538,000	96,318,000	97,931,000	119,947,000	101,322,000	99,610,000	72,773,000	95,441,000	66,113,000	81,613,000	73,778,000	71,764,000	89,475,000	52,451,000	51,407,000	156,686,000	150,092,000	113,456,000	43,395,000	105,536,000	73,351,000	99,241,000	61,172,000	132,349,000	116,125,000	115,002,000	45,709,000	104,639,000	127,267,000	137,524,000	86,925,000	151,744,000	89,232,000	79,650,000	32,944,000	68,897,000	58,812,219	65,497,347	48,768,000	71,655,384	0	0	0	0	0	0	0	0	0	0	0	0
Exchange Rate Changes	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Free Cash Flow	8,252,000	56,537,000	146,221,000	75,485,000	238,490,000	61,495,000	163,527,000	32,534,000	19,111,000	-59,239,000	154,929,000	-38,895,000	322,307,000	-82,812,000	146,277,000	-67,197,000	-15,609,000	-82,148,000	132,374,000	2,051,000	-24,340,000	56,693,000	43,826,000	3,498,000	15,086,000	-26,340,000	113,040,000	31,793,000	4,468,000	46,095,000	18,279,000	9,502,000	-10,144,000	44,512,000	30,640,000	-25,032,000	-17,311,000	-69,318,000	188,418,000	-54,934,000	-19,728,000	-100,851,000	151,095,000	-49,038,000	-55,192,000	56,129,000	-31,187,000	-49,589,000	-35,242,000	23,853,000	15,872,000	12,129,000	-35,059,000	36,897,000	29,304,000	15,362,000	-34,245,000	-4,765,000	17,436,000	22,479,000	-68,402,000	14,674,555	5,172,000	-38,452,731	15,982,238	51,033,000	67,693,000	55,251,000	84,658,000	57,061,000	46,851,000	36,041,000	57,711,000	40,760,000	27,642,000	83,000,000	27,300,000	103,235,000
Investments	-90,510,000	8,230,000	10,098,000	-22,324,000	-22,324,000	3,803,000	-641,000	4,732,000	-24,760,000	-1,642,000	33,006,000	-7,186,000	-4,540,000	-66,670,000	-60,775,000	-50,001,000	-125,557,000	-77,418,000	-71,318,000	-58,655,000	468,000	0	-10,299,000	0	-11,726,000	0	-2,778,000	0	-257,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Issuance Of Capital Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Borrowings	0	-7,072,000	-33,521,000	4,489,000	4,489,000	-17,842,000	-7,575,000	-1,270,000	-39,948,000	-8,382,000	-35,294,000	44,266,000	-85,056,000	-3,536,000	-5,003,000	65,425,000	-575,000	11,938,000	-12,338,000	0	-25,102,000	0	-32,376,000	0	-30,744,000	0	2,201,000	0	-19,504,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Income	29,493,000	46,379,000	41,648,000	43,624,000	29,109,000	37,880,000	43,331,000	39,060,000	17,044,000	22,089,000	25,316,000	31,645,000	8,939,000	40,050,000	-13,753,000	-16,230,000	8,429,000	8,830,000	18,168,000	10,255,000	4,467,000	21,036,000	16,935,000	10,153,000	5,432,000	4,690,000	6,975,000	5,701,000	6,126,000	1,200,000	14,316,000	-13,785,000	4,916,000	5,195,000	19,256,000	6,150,000	11,125,000	27,923,000	33,876,000	34,248,000	34,311,000	29,766,000	29,505,000	36,017,000	28,370,000	24,930,000	22,873,000	39,153,000	29,555,000	37,399,000	29,004,000	37,003,000	39,962,000	34,700,000	32,838,000	32,492,000	22,039,000	30,847,000	33,186,000	18,858,000	33,151,000	39,885,000	24,730,000	32,077,171	31,850,504	39,690,000	0	0	0	0	0	0	0	0	0	0	0	0
Other Cashflows From Financing Activities	0	-8,181,000	-5,939,000	-3,440,000	-3,440,000	12,978,000	-4,887,000	-4,288,000	-3,234,000	-13,295,000	-5,511,000	-707,000	-4,540,000	-66,670,000	-60,775,000	-783,000	10,798,000	-77,418,000	-71,318,000	-435,000	-7,059,000	514,000	-6,162,000	-375,000	-1,872,000	-42,435,000	-41,969,000	-37,000	-1,371,000	-818,000	-542,000	-158,000	-596,000	-1,446,000	-5,641,000	8,000	-2,992,000	-59,498,000	-47,214,000	720,000	-69,000	-71,582,000	-31,498,000	-900,000	17,137,000	14,168,000	-5,664,000	395,000	-1,576,000	5,062,000	-5,841,000	176,000	-4,224,000	2,934,000	-2,885,000	-106,000	386,000	1,692,000	-620,000	-161,000	7,434,000	-6,444,102	3,993,000	-87,645,507	-39,829,080	0	0	0	0	0	0	0	146,000	239,000	0	770,000	489,000	0
Other Cashflows From Investing Activities	0	8,714,000	2,988,000	2,101,000	2,101,000	9,701,000	2,411,000	2,276,000	36,284,000	3,822,000	9,250,000	1,092,000	3,609,000	1,368,000	1,978,000	355,000	2,457,000	-29,697,000	-8,679,000	1,190,000	3,354,000	0	2,258,000	0	5,310,000	0	1,331,000	0	195,000	0	0	0	14,463,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	1,260,000	0	0	1,634,000	0	0	0
Other Non Cash Items	0	4,638,000	6,305,000	7,166,000	9,027,000	10,281,000	7,672,000	6,418,000	-7,676,000	0	0	6,569,000	0	0	0	10,174,000	0	0	0	9,819,000	4,777,000	5,767,000	10,054,000	6,564,000	4,832,000	0	0	6,541,000	5,805,000	8,870,000	8,495,000	7,376,000	-17,878,000	9,028,000	10,231,000	7,729,000	7,623,000	0	0	8,149,000	6,988,000	0	0	8,625,000	-25,122,000	61,584,000	-27,291,000	18,847,000	11,643,000	36,519,000	-8,568,000	19,176,000	-29,294,000	30,390,000	-4,715,000	14,530,000	-23,583,000	37,454,000	-3,749,000	251,000	-11,268,000	-6,103,640	0	6,606,510	-6,581,536	0	0	0	0	0	0	0	0	0	0	0	0	0
Sale Purchase Of Stock	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Stock Based Compensation	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Financing Activities	0	-53,901,000	-75,054,000	-75,054,000	-75,054,000	-55,274,000	-20,583,000	-5,558,000	-65,078,000	-38,339,000	-42,113,000	37,559,000	-104,203,000	-29,826,000	-23,492,000	58,121,000	-18,125,000	-9,184,000	-28,020,000	28,053,000	-48,813,000	-22,114,000	-44,539,000	-8,049,000	-49,839,000	-5,264,000	-10,603,000	-29,019,000	-29,910,000	-35,934,000	-18,424,000	17,261,000	-7,796,000	-19,575,000	-48,286,000	30,218,000	14,081,000	-80,606,000	-27,839,000	50,052,000	-91,675,000	-25,373,000	-14,959,000	119,768,000	-13,866,000	-22,086,000	21,406,000	89,902,000	-29,654,000	-2,151,000	-13,518,000	54,582,000	-22,492,000	-46,629,000	-26,187,000	34,364,000	-41,635,000	74,907,000	-3,719,000	23,524,000	31,968,000	-3,611,733	0	66,280,256	-38,791,726	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Cash From Operating Activities	115,596,000	119,294,000	95,324,000	95,324,000	95,324,000	117,487,000	111,636,000	84,425,000	114,722,000	110,713,000	117,834,000	-1,800,000	155,272,000	84,223,000	97,176,000	-18,096,000	120,214,000	239,396,000	72,403,000	62,022,000	94,628,000	110,779,000	84,356,000	61,802,000	122,360,000	99,462,000	71,845,000	72,988,000	74,262,000	79,075,000	50,810,000	61,032,000	61,971,000	88,405,000	81,538,000	29,398,000	101,767,000	121,226,000	112,923,000	20,561,000	82,858,000	103,614,000	84,964,000	17,093,000	71,334,000	119,948,000	26,162,000	21,844,000	74,640,000	86,496,000	63,079,000	65,940,000	66,839,000	96,348,000	72,989,000	74,510,000	72,191,000	59,706,000	69,097,000	60,978,000	24,663,000	64,723,407	81,159,000	38,568,596	55,534,323	109,838,000	198,102,000	100,825,000	203,885,000	92,099,000	137,299,000	66,668,000	138,820,000	66,828,000	98,341,000	84,492,000	41,405,000	104,169,000
Total Cashflows From Investing Activities	0	-45,870,000	-48,438,000	-48,438,000	-48,438,000	-52,698,000	-44,941,000	-44,765,000	-83,968,000	-54,262,000	-31,891,000	-42,911,000	-4,540,000	-66,670,000	-60,775,000	-50,001,000	-125,557,000	-207,391,000	-129,973,000	-58,723,000	-267,812,000	0	-50,602,000	0	-113,858,000	0	-41,969,000	0	-67,902,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	0	0	0	0	0	0	0	0	0	0	0	0

Income Statement

Currency in CNY. All numbers in thousands.

	2023-12-31	2022-12-31	2021-12-31	2020-12-31	2019-12-31	2018-12-31	2017-12-31	2016-12-31	2015-12-31	2014-12-31	2013-12-31	2012-12-31	2011-12-31	2010-12-31	2009-12-31	2008-12-31	2007-12-31	2006-12-31	2005-12-31	2004-12-31	2003-12-31	2002-12-31	2001-12-31	2000-12-31	1999-12-31
Cost Of Revenue	2,302,385,000	2,289,839,000	1,770,019,000	1,481,672,000	1,923,096,000	1,770,939,000	1,523,091,000	1,177,787,000	1,259,670,000	1,663,688,000	1,628,170,000	1,563,011,000	1,227,533,000	795,525,000	492,472,000	562,122,000	391,413,491	289,388,618	215,949,978	150,389,151	120,968,606	96,067,118	98,194,585	71,182,314	69,022,631
Depreciation And Amortization	0	0	0	0	0	0	219,432,000	0	0	0	0	0	0	0	0	0	66,629,635	61,272,755	51,323,240	46,407,309	40,529,822	36,779,509	33,368,940	33,714,457	23,311,073
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Ebit	0	240,007,000	165,208,000	56,073,000	103,214,000	115,206,000	62,269,000	45,140,000	57,815,000	156,759,000	178,063,000	166,811,000	184,215,000	189,305,000	140,032,000	161,829,000	199,866,989	197,596,448	192,230,035	146,589,480	99,577,866	74,444,773	72,698,099	92,222,847	49,685,036
Ebitda	0	234,831,000	177,942,000	82,493,000	353,359,000	362,664,000	281,701,000	280,252,000	279,700,000	354,448,000	359,767,000	332,582,000	332,504,000	310,007,000	238,346,000	260,476,000	266,496,623	258,869,203	243,553,275	192,996,789	140,107,689	111,224,283	106,067,039	125,937,304	72,996,109
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Gross Profit	708,627,000	949,328,000	844,330,000	452,164,000	593,714,000	582,649,000	492,799,000	439,116,000	465,758,000	619,274,000	629,954,000	632,285,000	776,310,000	669,890,000	526,803,000	509,024,000	443,681,339	398,265,110	336,446,966	238,245,157	182,814,665	148,301,803	140,694,248	170,498,590	106,919,681
Income Before Tax	237,458,000	213,277,000	158,203,000	56,073,000	103,214,000	115,206,000	53,089,000	45,140,000	57,815,000	156,759,000	178,063,000	166,811,000	184,215,000	189,305,000	140,032,000	161,829,000	204,396,138	198,789,465	193,885,103	147,144,116	98,319,588	69,221,305	69,461,369	82,111,817	36,398,718
Income Tax Expense	0	0	43,507,000	22,588,000	36,199,000	42,790,000	16,296,000	15,768,000	15,726,000	37,731,000	35,789,000	36,191,000	38,256,000	38,513,000	33,473,000	35,178,000	49,155,883	49,677,873	54,197,406	42,566,247	28,071,207	22,226,645	23,054,453	26,951,724	9,403,899
Interest Expense	24,063,000	21,554,000	15,043,000	21,421,000	24,884,000	16,674,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Interest Income	8,265,000	2,298,000	2,950,000	3,023,000	13,023,000	494,000	9,180,000	10,369,000	15,487,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Minority Interest	-19,147,000	-14,602,000	-22,526,000	151,464,000	214,150,000	195,108,000	187,799,000	183,711,000	164,318,000	11,856,000	12,675,000	15,294,000	12,998,000	10,800,000	3,172,000	12,220,000	9,604,000	7,173,000	6,280,000	1,651,000	636,000	99,000	0	0	0
Net Income	161,144,000	149,380,000	92,170,000	19,006,000	45,682,000	52,591,000	22,798,000	7,857,000	35,517,000	107,172,000	129,599,000	115,326,000	132,961,000	139,992,000	103,387,000	126,651,000	145,634,075	141,953,488	133,406,514	102,930,517	69,610,963	46,895,323	46,804,264	55,160,093	26,994,819
Net Income Applicable To Common Shares	0	149,380,000	92,170,000	19,002,000	45,677,000	53,036,000	22,798,000	7,857,000	35,517,000	107,172,000	129,599,000	115,326,000	132,961,000	139,992,000	103,387,000	114,431,000	145,625,000	142,224,000	133,362,000	102,927,000	69,614,000	46,910,000	46,808,000	0	0
Net Income From Continuing Ops	180,291,000	163,982,000	114,696,000	33,485,000	67,015,000	72,416,000	36,793,000	29,372,000	42,089,000	119,028,000	142,274,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Net Interest Income	-17,366,000	-16,816,000	-16,755,000	-23,505,000	-21,253,000	-12,905,000	-14,054,000	-15,731,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Non Recurring	0	0	0	0	0	0	3,668,000	2,673,000	2,830,000	3,556,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Operating Income	288,069,000	216,660,000	161,153,000	75,937,000	116,237,000	115,319,000	62,269,000	55,509,000	73,302,000	164,427,000	183,952,000	170,282,000	180,855,000	187,777,000	143,444,000	159,300,000	199,866,989	197,596,448	192,230,035	146,589,480	99,577,866	74,444,773	72,698,099	92,222,847	49,685,036
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Other Operating Expenses	0	298,368,000	217,976,000	1,857,899,000	2,400,573,000	2,238,269,000	1,953,621,000	1,561,394,000	1,652,126,000	2,118,535,000	2,074,172,000	2,025,014,000	1,822,988,000	1,277,638,000	875,831,000	911,846,000	635,227,842	490,057,280	360,166,909	242,044,828	204,205,404	169,924,148	166,190,734	149,458,057	126,257,276
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Reconciled Depreciation	222,345,000	238,036,000	231,269,000	213,875,000	225,262,000	231,929,000	237,375,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Research Development	21,957,000	20,016,000	16,729,000	15,746,000	15,666,000	15,666,000	15,666,000	15,666,000	11,856,000	13,088,000	14,157,000	14,453,000	13,224,000	11,840,000	9,887,000	7,760,000	5,315,000	4,260,000	3,195,000	2,936,000	2,411,000	1,806,000	1,896,000	1,751,000	0
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Selling General Administrative	77,107,000	423,898,000	440,640,000	211,949,000	222,914,000	218,013,000	202,426,000	191,917,000	189,352,000	194,235,000	195,443,000	180,881,000	167,131,000	157,543,000	131,400,000	121,522,000	102,198,069	82,240,233	66,234,994	26,597,696	26,283,126	22,466,709	20,835,927	31,035,820	23,650,475
Tax Provision	57,167,000	49,295,000	43,507,000	22,588,000	36,199,000	42,790,000	16,296,000	15,768,000	15,726,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Operating Expenses	2,722,943,000	3,022,507,000	2,453,196,000	1,857,899,000	2,400,573,000	2,238,269,000	1,953,621,000	1,561,394,000	1,641,047,000	2,109,444,000	2,090,447,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0
Total Other Income Expense Net	17,823,000	13,433,000	13,805,000	3,641,000	8,230,000	12,792,000	4,874,000	5,362,000	872,000	8,649,000	10,280,000	8,393,000	11,572,000	5,866,000	401,000	3,218,000	4,865,183	1,738,843	-548,998	1,779,802	-513,245	-4,288,045	-256,620	-11,698,371	-8,038,016
Total Revenue	3,011,012,000	3,239,167,000	2,614,349,000	1,933,836,000	2,516,810,000	2,353,588,000	2,015,890,000	1,616,903,000	1,725,428,000	2,282,962,000	2,258,124,000	2,195,296,000	2,003,843,000	1,465,415,000	1,019,275,000	1,071,146,000	835,094,830	687,653,728	552,396,944	388,634,308	303,783,271	244,368,922	238,888,833	241,680,904	175,942,312

	2023-12-31	2023-09-30	2023-06-30	2023-03-31	2022-12-31	2022-09-30	2022-06-30	2022-03-31	2021-12-31	2021-09-30	2021-06-30	2021-03-31	2020-12-31	2020-09-30	2020-06-30	2020-03-31	2019-12-31	2019-09-30	2019-06-30	2019-03-31	2018-12-31	2018-09-30	2018-06-30	2018-03-31	2017-12-31	2017-09-30	2017-06-30	2017-03-31	2016-12-31	2016-09-30	2016-06-30	2016-03-31	2015-12-31	2015-09-30	2015-06-30	2015-03-31	2014-12-31	2014-09-30	2014-06-30	2014-03-31	2013-12-31	2013-09-30	2013-06-30	2013-03-31	2012-12-31	2012-09-30	2012-06-30	2012-03-31	2011-12-31	2011-09-30	2011-06-30	2011-03-31	2010-12-31	2010-09-30	2010-06-30	2010-03-31	2009-12-31	2009-09-30	2009-06-30	2009-03-31	2008-12-31	2008-09-30	2008-06-30	2008-03-31	2007-12-31	2007-09-30	2007-06-30	2007-03-31	2006-12-31	2006-09-30	2006-06-30	2006-03-31	2005-12-31	2005-09-30	2005-06-30	2005-03-31	2004-12-31	2004-09-30	2004-06-30	2004-03-31	2003-12-31	2003-09-30	2003-06-30	2003-03-31	2002-12-31	2002-09-30	2002-06-30	2002-03-31	2001-12-31	2001-09-30	2001-06-30	2001-03-31	2000-12-31	2000-09-30	2000-06-30	2000-03-31
Cost Of Revenue	515,464,000	540,907,000	507,243,000	497,580,000	504,661,000	596,888,000	611,416,000	602,978,000	1,770,019,000	481,620,000	513,069,000	404,218,000	367,332,000	372,764,000	329,166,000	412,410,000	537,888,000	480,498,000	455,385,000	449,325,000	501,883,000	435,635,000	422,399,000	411,022,000	420,281,000	356,144,000	372,195,000	374,471,000	340,754,000	303,114,000	276,793,000	257,126,000	328,395,000	311,370,000	326,301,000	293,604,000	390,600,000	446,710,000	458,653,000	367,725,000	403,883,000	425,474,000	424,523,000	374,290,000	543,840,000	361,060,000	336,592,000	321,519,000	332,826,000	338,112,000	304,798,000	251,797,000	229,876,000	203,120,000	199,250,000	163,279,000	186,122,000	125,433,000	103,500,000	77,417,000	107,519,000	160,081,000	153,608,276	-	112,273,000	-	88,656,810	-	0	-	60,765,496	-	0	-	58,841,090	-	0	-	34,403,991	-	0	-	22,640,740	-	0	-	20,601,613	-	0	-	19,401,945	-	0	-	-	-
Depreciation And Amortization	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Discontinued Operations	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Ebit	0	65,619,000	58,221,000	60,751,000	0	55,842,000	61,753,000	57,262,000	40,445,000	36,300,000	43,683,000	44,780,000	13,117,000	61,476,000	-7,849,000	-10,671,000	20,518,000	20,920,000	37,188,000	24,588,000	13,712,000	0	36,116,000	0	12,645,000	0	12,756,000	0	11,703,000	0	34,844,000	0	9,953,000	0	28,424,000	0	20,462,000	0	48,482,000	0	43,367,000	0	44,093,000	0	41,910,000	0	33,515,000	0	41,310,000	0	44,745,000	0	54,347,000	0	44,077,000	0	32,603,000	0	39,239,000	0	24,897,000	0	40,336,997	-	0	-	55,079,754	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Ebitda	0	0	65,226,000	124,820,000	46,283,000	111,165,000	66,350,000	113,528,000	39,913,000	40,819,000	48,471,000	104,507,000	18,633,000	67,937,000	-1,267,000	55,015,000	23,236,000	27,598,000	44,688,000	87,585,000	78,737,000	98,404,000	103,331,000	82,192,000	84,654,000	18,797,000	18,761,000	79,396,000	72,627,000	63,646,000	93,379,000	50,600,000	74,619,000	61,929,000	80,029,000	63,123,000	66,156,000	46,847,000	54,450,000	97,668,000	89,148,000	47,145,000	48,829,000	95,729,000	81,341,000	80,845,000	75,035,000	95,317,000	79,236,000	84,168,000	83,282,000	87,615,000	86,349,000	74,859,000	74,306,000	74,399,000	59,288,000	69,799,000	62,608,000	47,494,000	56,105,000	78,259,623	59,442,913	274,594,084	-394,025,801	237,224,818	70,058,649	196,031,112	-311,266,078	181,606,311	72,111,054	163,168,442	-208,007,882	153,424,130	55,132,479	126,241,788	-137,508,350	104,544,756	44,329,493	89,776,537	-126,299,735	77,913,948	37,756,642	73,981,827	-101,414,671	68,107,415	24,983,176	53,895,181	-107,584,276	58,280,940	29,297,185	61,007,358	-84,039,670	65,480,276	55,446,580	55,446,580
Effect Of Accounting Charges	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Extraordinary Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Gross Profit	213,413,000	261,357,000	240,157,000	234,891,000	279,105,000	243,892,000	223,837,000	176,390,000	844,330,000	202,140,000	131,589,000	147,705,000	140,334,000	124,361,000	90,781,000	96,688,000	164,520,000	137,645,000	149,833,000	141,716,000	141,772,000	165,476,000	143,769,000	131,632,000	137,905,000	125,651,000	110,155,000	119,088,000	125,712,000	108,256,000	109,444,000	95,704,000	91,928,000	116,111,000	140,987,000	116,732,000	137,814,000	153,870,000	166,368,000	161,222,000	171,457,000	156,214,000	136,310,000	165,973,000	53,187,000	190,548,000	184,422,000	204,128,000	188,109,000	192,549,000	201,469,000	194,183,000	187,440,000	160,182,000	166,752,000	155,516,000	150,134,000	142,309,000	130,195,000	104,165,000	109,969,000	144,055,000	121,017,847	-	125,464,000	-	107,376,627	-	0	-	102,541,775	-	0	-	67,400,697	-	0	-	55,372,545	-	0	-	51,341,086	-	0	-	33,291,612	-	0	-	41,598,034	-	0	-	-	-
Income Before Tax	48,485,000	67,220,000	59,181,000	62,574,000	39,924,000	55,018,000	61,565,000	56,770,000	158,203,000	36,189,000	43,554,000	43,462,000	13,117,000	61,476,000	-7,849,000	-10,671,000	20,518,000	20,920,000	37,188,000	24,588,000	13,712,000	41,085,000	36,116,000	24,293,000	12,645,000	12,613,000	12,756,000	15,075,000	11,703,000	6,837,000	34,844,000	-8,244,000	9,953,000	9,425,000	28,424,000	10,013,000	20,462,000	40,580,000	48,482,000	47,235,000	43,367,000	40,935,000	44,093,000	49,668,000	41,910,000	37,309,000	33,515,000	54,077,000	41,310,000	44,654,000	44,745,000	53,506,000	54,347,000	46,310,000	44,077,000	44,571,000	32,603,000	43,575,000	39,239,000	24,615,000	24,897,000	56,220,000	40,336,997	-	52,118,000	-	55,079,754	-	0	-	57,975,080	-	0	-	85,463,621	-	0	-	32,028,162	-	0	-	27,061,272	-	0	-	14,748,506	-	0	-	19,972,347	-	0	-	-	-
Income Tax Expense	0	15,444,000	13,105,000	14,065,000	9,577,000	13,100,000	13,484,000	13,134,000	13,361,000	10,947,000	7,382,000	11,817,000	310,000	17,474,000	2,126,000	2,678,000	6,978,000	6,583,000	14,099,000	8,539,000	4,622,000	15,101,000	13,986,000	9,081,000	5,746,000	3,682,000	2,412,000	4,456,000	3,125,000	2,948,000	6,999,000	2,696,000	3,756,000	2,124,000	7,559,000	2,287,000	7,458,000	8,611,000	11,698,000	9,964,000	6,647,000	7,938,000	11,895,000	9,309,000	10,362,000	8,066,000	7,492,000	10,271,000	9,748,000	3,954,000	11,656,000	12,898,000	11,609,000	8,694,000	9,058,000	9,152,000	10,380,000	11,283,000	6,053,000	5,757,000	4,210,000	11,110,000	9,926,576	-	16,562,000	-	11,990,720	-	0	-	15,343,288	-	0	-	11,622,523	-	0	-	9,014,905	-	0	-	7,599,342	-	0	-	4,943,726	-	0	-	6,572,027	-	0	-	-	-
Interest Expense	5,882,000	5,997,000	6,045,000	6,139,000	6,359,000	5,551,000	4,785,000	4,859,000	4,915,000	4,630,000	4,917,000	5,277,000	5,675,000	5,967,000	7,056,000	7,830,000	2,237,000	7,450,000	7,595,000	7,602,000	16,000	5,581,000	5,516,000	5,593,000	106,000	5,517,000	5,480,000	5,852,000	46,000	6,245,000	5,671,000	6,260,000	26,000	5,787,000	6,529,000	6,036,000	160,000	5,519,000	6,655,000	5,899,000	672,000	6,984,000	5,016,000	5,719,000	584,000	4,778,000	4,613,000	3,952,000	2,757,000	2,706,000	3,079,000	2,344,000	1,433,000	1,370,000	1,748,000	1,770,000	1,675,000	1,046,000	1,273,000	1,278,000	819,000	509,000	594,000	-	861,000	-	996,000	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Interest Income	13,547,000	1,601,000	960,000	178,000	1,879,000	824,000	821,000	554,000	2,950,000	111,000	587,000	1,318,000	872,000	4,848,000	5,185,000	7,292,000	5,861,000	3,800,000	4,038,000	4,936,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Minority Interest	-4,443,000	-5,397,000	-4,428,000	-4,879,000	-1,238,000	-4,038,000	-4,750,000	-4,576,000	-4,593,000	-3,153,000	141,187,000	154,390,000	151,464,000	150,699,000	211,649,000	216,240,000	214,149,000	207,362,000	199,151,000	0	196,372,000	0	191,791,000	0	1,467,000	0	3,369,000	0	2,452,000	0	13,529,000	0	1,281,000	0	1,609,000	0	1,879,000	0	2,908,000	0	2,409,000	0	2,693,000	0	3,178,000	0	3,150,000	0	2,007,000	0	4,085,000	0	2,776,000	0	2,181,000	0	184,000	0	1,641,000	0	0	0	2,539,000	-	1,339,000	-	2,204,000	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Net Income	29,493,000	46,379,000	41,648,000	43,624,000	29,109,000	37,880,000	43,331,000	39,060,000	92,170,000	22,089,000	25,316,000	27,721,000	8,939,000	40,050,000	-13,753,000	-16,230,000	8,429,000	8,830,000	18,168,000	10,255,000	4,467,000	21,036,000	16,935,000	10,153,000	5,432,000	4,690,000	6,975,000	5,701,000	6,126,000	1,200,000	14,316,000	-13,785,000	4,916,000	5,195,000	19,256,000	6,150,000	11,125,000	27,923,000	33,876,000	34,248,000	34,311,000	29,766,000	29,505,000	36,017,000	28,370,000	24,930,000	22,873,000	39,153,000	29,555,000	37,399,000	29,004,000	37,003,000	39,962,000	34,700,000	32,838,000	32,492,000	22,039,000	30,847,000	33,186,000	18,858,000	33,151,000	39,885,000	26,797,641	26,791,035	32,077,171	31,850,504	40,846,002	43,082,064	30,261,974	30,838,957	40,353,087	40,310,882	36,432,106	36,737,635	30,811,274	30,811,274	28,816,240	28,824,518	22,649,018	22,649,018	15,496,697	15,496,697	19,312,924	19,312,924	13,713,516	13,636,359	9,779,979	9,780,334	9,868,202	9,804,425	13,565,655	13,567,296	16,043,939	16,068,221	11,531,365	11,531,365
Net Income Applicable To Common Shares	0	46,379,000	41,648,000	43,630,000	29,109,000	37,880,000	43,331,000	39,060,000	17,044,000	22,089,000	25,316,000	27,721,000	8,938,000	40,050,000	-13,756,000	-16,230,000	8,429,000	8,830,000	18,168,000	10,249,000	4,375,000	0	16,935,000	0	5,432,000	0	6,975,000	0	6,126,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Net Income From Continuing Ops	33,936,000	51,776,000	46,076,000	48,503,000	30,347,000	41,918,000	48,081,000	43,636,000	21,637,000	25,242,000	36,172,000	31,645,000	12,807,000	44,002,000	-9,975,000	-13,349,000	13,540,000	14,337,000	23,089,000	16,049,000	9,090,000	0	22,130,000	0	6,899,000	0	10,344,000	0	8,578,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Net Interest Income	-3,362,000	-4,312,000	-3,882,000	-4,705,000	-4,064,000	-4,483,000	-3,964,000	-4,305,000	-3,661,000	-4,179,000	-4,330,000	-4,585,000	-4,803,000	-5,212,000	-6,450,000	-7,040,000	-1,427,000	-6,522,000	-6,499,000	-6,805,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Non Operating Income Net Other	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Non Recurring	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Operating Income	87,693,000	65,619,000	58,221,000	62,396,000	41,803,000	55,842,000	61,753,000	57,262,000	161,153,000	36,300,000	43,683,000	44,780,000	15,656,000	66,324,000	-2,664,000	-3,379,000	20,854,000	24,720,000	41,226,000	29,437,000	5,441,000	43,987,000	37,851,000	28,040,000	8,909,000	16,877,000	16,801,000	19,682,000	9,994,000	10,975,000	37,213,000	-2,673,000	9,981,000	16,206,000	33,224,000	13,891,000	18,892,000	42,455,000	50,917,000	52,163,000	40,144,000	43,948,000	46,781,000	53,079,000	40,336,000	39,327,000	37,378,000	53,241,000	38,464,000	44,933,000	43,972,000	53,486,000	54,104,000	44,738,000	44,259,000	44,676,000	33,468,000	43,910,000	39,667,000	26,333,000	26,815,000	54,721,000	38,863,093	274,594,084	-413,073,435	220,817,168	54,471,474	196,031,112	-311,266,078	181,606,311	57,431,389	163,168,442	-208,007,882	153,424,130	42,764,923	126,241,788	-137,508,350	104,544,756	32,127,500	89,776,537	-126,299,735	77,913,948	27,500,014	73,981,827	-101,414,671	68,107,415	15,666,155	53,895,181	-107,584,276	58,280,940	20,724,617	61,007,358	-84,039,670	65,480,276	55,446,580	55,446,580
Other Items	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Other Operating Expenses	0	77,106,000	68,965,000	58,552,000	56,620,000	76,711,000	99,833,000	65,204,000	75,980,000	59,460,000	34,854,000	507,143,000	492,010,000	430,801,000	422,611,000	512,477,000	681,554,000	593,423,000	563,992,000	561,604,000	638,214,000	557,124,000	528,317,000	514,614,000	549,277,000	464,918,000	465,549,000	473,877,000	456,472,000	400,395,000	349,024,000	355,503,000	410,342,000	411,275,000	434,064,000	396,445,000	509,522,000	558,125,000	574,104,000	476,784,000	535,196,000	537,740,000	514,052,000	487,184,000	556,691,000	512,281,000	483,636,000	472,406,000	482,471,000	485,728,000	462,295,000	392,494,000	363,212,000	318,564,000	321,743,000	274,119,000	302,788,000	223,832,000	194,028,000	155,249,000	190,673,000	249,415,000	235,763,030	-	0	-	141,561,963	-	0	-	105,875,881	-	0	-	83,476,865	-	0	-	57,649,037	-	0	-	46,481,812	-	0	-	38,227,070	-	0	-	40,275,362	-	0	-	-	-
Preferred Stock And Other Adjustments	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Reconciled Depreciation	0	54,911,000	56,910,000	56,107,000	84,577,000	50,596,000	50,964,000	51,899,000	75,443,000	0	0	55,796,000	0	0	0	57,825,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Research Development	7,969,000	4,337,000	3,717,000	5,934,000	6,058,000	0	0	0	0	0	0	0	0	0	0	0	15,666,000	0	15,666,000	0	7,687,000	0	6,084,000	0	6,084,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Selling And Marketing Expenses	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Selling General Administrative	-13,808,000	133,125,000	117,902,000	118,763,000	127,757,000	128,333,000	53,981,000	49,355,000	440,640,000	117,041,000	48,968,000	48,186,000	70,460,000	50,860,000	43,072,000	47,557,000	73,133,000	52,058,000	48,936,000	48,787,000	70,010,000	52,851,000	48,364,000	46,788,000	63,654,000	48,646,000	44,134,000	45,992,000	53,826,000	46,015,000	45,423,000	46,653,000	49,057,000	45,513,000	48,095,000	46,687,000	52,653,000	47,750,000	47,764,000	46,068,000	52,813,000	50,426,000	48,037,000	44,167,000	51,002,000	46,622,000	42,559,000	40,698,000	48,467,000	39,586,000	39,258,000	39,820,000	47,830,000	37,896,000	38,196,000	33,621,000	43,608,000	30,191,000	30,431,000	27,170,000	31,957,000	31,161,000	29,190,165	-	30,242,000	-	23,122,244	-	0	-	18,053,749	-	0	-	6,895,699	-	0	-	6,390,732	-	0	-	9,685,436	-	0	-	4,877,589	-	0	-	8,316,300	-	0	-	-	-
Tax Provision	14,549,000	15,444,000	13,105,000	14,071,000	9,577,000	13,100,000	13,484,000	13,134,000	43,507,000	10,947,000	7,382,000	11,817,000	310,000	17,474,000	2,126,000	2,678,000	6,978,000	6,583,000	14,099,000	8,539,000	4,562,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Total Operating Expenses	641,184,000	736,645,000	689,179,000	670,075,000	741,963,000	784,938,000	773,500,000	722,106,000	697,618,000	647,460,000	600,975,000	102,925,000	124,678,000	430,801,000	422,611,000	512,477,000	681,554,000	593,423,000	563,992,000	561,604,000	605,708,000	0	528,317,000	0	529,838,000	0	465,612,000	0	475,880,000	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	0	-	-	-	0	-	0	-	0	-	-	-
Total Other Income Expense Net	0	5,913,000	4,842,000	4,883,000	2,185,000	3,659,000	3,776,000	3,813,000	2,269,000	4,068,000	4,201,000	3,267,000	2,264,000	364,000	1,265,000	-252,000	1,091,000	2,722,000	2,461,000	1,956,000	6,958,000	1,641,000	2,928,000	1,265,000	2,788,000	595,000	758,000	733,000	1,097,000	1,032,000	3,041,000	192,000	-802,000	-1,338,000	1,567,000	1,445,000	1,817,000	2,681,000	3,779,000	372,000	2,936,000	3,425,000	1,924,000	1,995,000	1,672,000	2,175,000	213,000	4,333,000	4,851,000	1,700,000	3,084,000	1,937,000	1,114,000	2,514,000	975,000	1,263,000	201,000	365,000	-130,000	-708,000	-1,768,000	1,807,000	2,892,966	-	0	-	1,391,441	-	0	-	1,023,419	-	0	-	778,146	-	0	-	496,689	-	0	-	355,960	-	0	-	157,075	-	0	-	512,535	-	0	-	-	-
Total Revenue	728,877,000	802,264,000	747,400,000	732,471,000	783,766,000	840,780,000	835,253,000	779,368,000	2,614,349,000	683,760,000	644,658,000	551,923,000	507,666,000	497,125,000	419,947,000	509,098,000	702,408,000	618,143,000	605,218,000	591,041,000	643,655,000	601,111,000	566,168,000	542,654,000	558,186,000	481,795,000	482,350,000	493,559,000	466,466,000	411,370,000	386,237,000	352,830,000	420,323,000	427,481,000	467,288,000	410,336,000	528,414,000	600,580,000	625,021,000	528,947,000	575,340,000	581,688,000	560,833,000	540,263,000	597,027,000	551,608,000	521,014,000	525,647,000	520,935,000	530,661,000	506,267,000	445,980,000	417,316,000	363,302,000	366,002,000	318,795,000	336,256,000	267,742,000	233,695,000	181,582,000	217,488,000	304,136,000	274,626,122	274,594,084	222,154,406	220,817,168	196,033,437	196,031,112	178,791,202	181,606,311	163,307,271	163,168,442	152,159,026	153,424,130	126,241,788	126,241,788	104,536,478	104,544,756	89,776,537	89,776,537	77,905,670	77,913,948	73,981,827	73,981,827	68,509,477	68,107,415	53,893,225	53,895,181	58,606,458	58,280,940	60,999,979	61,007,358	65,418,387	65,480,276	55,446,580	55,446,580

Latest Income Statement (annual, 2023-12-31)

Gross Profit (+$)
totalRevenue	3,011,012,000
Cost of Revenue	-2,302,385,000
Gross Profit	708,627,000	708,627,000

Operating Income (+$)
Gross Profit	708,627,000
Operating Expense	-2,722,943,000
Operating Income	288,069,000	-2,014,316,000

Operating Expense (+$)
Research Development	21,957,000
Selling General Administrative	77,107,000
Selling And Marketing Expenses	0
Operating Expense	2,722,943,000	99,064,000

Net Interest Income (+$)
Interest Income	8,265,000
Interest Expense	-24,063,000
Other Finance Cost	-1,568,000
Net Interest Income	-17,366,000

Pretax Income (+$)
Operating Income	288,069,000
Net Interest Income	-17,366,000
Other Non-Operating Income Expenses	0
Income Before Tax (EBT)	237,458,000	270,246,000 EBIT - interestExpense = -24,063,000 161,144,000 185,207,000
Interest Expense	24,063,000
Earnings Before Interest and Taxes (EBIT)	0	261,521,000
Earnings Before Interest and Taxes (EBITDA)	0

After tax Income (+$)
Income Before Tax	237,458,000
Tax Provision	-57,167,000
Net Income From Continuing Ops	180,291,000	180,291,000
Net Income	161,144,000
Net Income Applicable To Common Shares	0

Non-recurring Events
Discontinued Operations	0
Extraordinary Items	0
Effect of Accounting Charges	0
Other Items	0
Non Recurring	0
Other Operating Expenses	0
Total Other Income/Expenses Net	17,823,000	17,366,000

Technical Analysis of Petrochina
The psychology behind the price

Technical indicators reflecting market sentiment and the collective psychology of you and other traders. Your emotions and other traders' emotions, such as fear and greed, play a significant role in driving price movements.

General trend

First of all, I'm going to put something in the back of your mind. One of the most stable factors that gives you more confidence as a trader: the general trend of Petrochina. The general trend of Petrochina is BULLISH with 100.0% confidence. It is very important for your mental being to use each indicator with this in mind. But beware, also the general trend flips once in a while! You can use moving averages to determine Petrochina's overall trend. For convenience I use the most commonly used moving averages: 20, 50, 100 & 200. Of course you can use other moving averages or other indicators to determine the trend.

Indicator phases

Some of the indicators I use have 3 zones: overbought, oversold and neutral. Transitions between these zones (market phases) provide valuable trading signals and insights. Expecially with the general trend mind, I use the highlighted phases:

Indicator zone transitions	Bullish trend (100.0%)		Bearish trend (-100.0%)
Overbought to neutral	Bullish pullback	=	Bearish reversal
Upper to lower neutral	Bullish correction	=	Bearish continuation
Nuetral to oversold	Oversold	=	Oversold
Oversold to neutral	Bullish reversal	=	Bearish correction
Lower to upper neutral	Bullish continuation	=	Bearish pullback
Nuetral to overbought	Overbought	=	Overbought

1. Price Targets

1.1 Support & Resistance

Support and resistance are levels on a price chart that act as barriers or zones where the price of an asset tends to stop, reverse, or experience a significant amount of buying or selling pressure.

Support is a price level at which demand for an asset is strong enough to prevent the price from falling further.
Resistance is a price level at which selling pressure becomes significant enough to prevent the price of an asset from rising further.

Score

Let's take a look at the Support & Resistance of PetroChina Co Ltd Class H.

The long score for the Support & Resistance is 0/1.
The longshort score for the Support & Resistance is 0/(-1 +1).

Between support/resistance: The price is trading between support and resistance lines.

The bullish price targets are: 7.71.

The bearish price targets are: 6.34 > 6.02 > 6.02.

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PetroChina Co Ltd Class H Daily Support & Resistance Chart

2. Trend Indicators

2.1 Moving Averages

Shows the moving average of the selected period.

Moving averages are lagging trend indicators.
There are many types of moving averages.
Moving averages are also used within other indicators.

Score

Let's take a look at the Moving Averages of PetroChina Co Ltd Class H. The current mas is .

The long score for the Moving Averages is 14/14.
The longshort score for the Moving Averages is 14/(-14 +14).

MA 20 trending up: The MA 20 is trending up. +1
Close > MA 20: The price is above the MA 20. +1
MA 20 > MA 50: The MA 20 is higher than the MA 50. +1
MA 20 > MA 100: The MA 20 is higher than the MA 100. +1
MA 20 > MA 200: The MA 20 is higher than the MA 200. +1
MA 50 trending up: The MA 50 is trending up. +1
Close > MA 50: The price is above the MA 50. +1
MA 50 > MA 100: The MA 50 is higher than the MA 100. +1
MA 50 > MA 200: The MA 50 is higher than the MA 200. +1
MA 100 trending up: The MA 100 is trending up. +1
Close > MA 100: The price is above the MA 100. +1
MA 100 > MA 200: The MA 100 is higher than the MA 200. +1
MA 200 trending up: The MA 200 is trending up. +1
Close > MA 200: The price is above the MA 200. +1

Directionalities and relatives.

Moving Average	Amount of candles	vs. MA 50	vs. MA 100	vs. MA 200
MA 20	20
MA 50	50	-
MA 100	100	-	-
MA 200	200	-	-	-

Explanation: https://www.youtube.com/watch?v=xwW8h0lrQ-I

Shows the moving average of the selected period.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

There are various kinds of moving averages:

Simple moving average (SMA);
Exponential moving average (EMA);
Smoothed moving average (SMMA);
Linear weighted moving average (LWMA).

The moving average looks at a certain period of time and it calculates the price average. The various types of averages are using various formulas. Don’t worry, you don’t have to memorize any formula. All moving averages are calculated automatically by basically every charting software you use. But it’s good to know how moving averages are actually calculated.

Simple moving average

SMA is calculated by summing up the price closures of the selected period. The price is then divided by the selected period. For example, when using the 21 day moving average you sum up all the closing prices for each day and divide that by 21. The result is a line on the chart representing the average. Because it’s an average in the selected timeframe, the trend is always lagging. An moving average looks like this on the chart:

Source: Tradingview.com

In this case, the blue line represents a 21 day moving average. Because the average is based on results from the past, the indicator will always lag behind. For example, when price would suddenly go up, the moving average won't immediately follow.

All other moving averages discussed below look the same on the chart. The only difference is that the line will move in different directions based on the maths behind the used indicators and the amount of days used to determine the average.

Exponential moving average

The EMA gives more weight to the latest closing prices by giving them more value in the equation. EMA is calculated by adding a certain percentage to the latest closing prices:

EMA = (CLOSE (i) * P) + (EMA (i - 1) * (1 - P))

Where:

CLOSE (i) = current period close price.
EMA (i - 1) = value of the Moving Average of a preceding period.
P = the percentage of using the price value.

Smoothed moving average

A smoothed moving average is an exponential moving average with a long lookback period. Older prices are reduced in weight but are never left out in the calculation. Unlike SMA and EMA where prices are removed when they are beyond the selected period. SMMA is a combination of the SMA and EMA. The main advantage is that it smooths out fluctuations in price.

Linear weighted moving average

The LWMA gives the latest price the highest weight and then lineary scales down with each price before that. The result is that the LWMA reacts quicker to changes in price than the SMA or EMA. The formula:

LWMA = ((Pn∗W1)+(Pn−1∗W2)+(Pn−2∗W3)...) / ∑W

Where:

P = Price for the period.
n = The most recent period, n-1 is the prior period, and n-2 is two periods prior.
W = The assigned weight to each period, with the highest weight going first and then descending linearly based on the number of periods being used.

Moving averages are widely used by many traders. Which moving average you need depends on your trading strategy. Common practise is using a combination of multiple periods. For example, the EMA21, EMA50, EMA100 and EMA200. How does that look on a chart:

Source: Tradingview.com

The lowest (purple) line on the chart represents the EMA200 then following up the EMA100, EMA50 and EMA21.

You can use moving averages to determine a trend. The 200 moving average is mostly used as a baseline for determining the current trend:

When the 200 moving average is moving up it is considered a bullish trend.
When the 200 moving average is down it is considered a bearish trend.
When moving averages are flatlined, there is no clear trend so you should look for market structure, consolidation or trend reversals. Depending on how you want to trade.

This is not set in stone. Most trading strategies use multiple moving averages each with different settings. While one strategy might use the EMA20, the other uses the SMA21. There can be hundreds of different variations. Moving averages can also be used as support and resistance. More often than not, prices will bounce on moving averages.

PetroChina Co Ltd Class H Daily Moving Averages Chart

2.2 Moving Average Convergence/Divergence (MACD)

Shows the momentum of the selected period based on two moving averages.

MACD is a lagging momentum indicator.
Uses two moving averages.
Can show buy or sell signals based on momentum.
Can show overbought. and oversold. levels.

Score

Let's take a look at the Moving Average Convergence/Divergence (MACD) of PetroChina Co Ltd Class H. The current macd is 0.24133422.

The long score for the Moving Average Convergence/Divergence (MACD) is 1/4.
The longshort score for the Moving Average Convergence/Divergence (MACD) is -2/(-4 +4).

MACD line < signal line: The MACD line is below the signal line, which indicates a bearish signal in the market. This means that the negative momentum is currently stronger than the average momentum, suggesting that sellers are more active than buyers, and there's a higher probability of the Petrochina price going down in the near term. -2
MACD > 0: The MACD is above the zero line (centerline), it indicates a bullish signal for Petrochina. This means that the short-term moving average is higher than the long-term moving average, signaling positive momentum and suggesting a higher likelihood of the Petrochina price continuing to rise in the near future. It indicates that buyers are gaining control, and there is optimism in the market, leading to potential price increases. +1
Trending down: The MACD line is trending down. This indicates that the short-term moving average is falling faster than the long-term moving average, suggesting negative momentum in the market. This signals that sellers are becoming more active and insecure, leading to potential price decreases as traders anticipate further losses and are willing to sell at lower prices. -1

PetroChina Co Ltd Class H Daily Moving Average Convergence/Divergence (MACD) Chart

2.3 Directional Movement Index (DMI)

The DMI is a collection of 3 indicators: +DI (Plus Direction Indicator), -DI (Minus Direction Indicator) and ADX (Average Directional Index). The ADX helps you determine the strength of a trend.

Score

Let's take a look at the Directional Movement Index (DMI) of PetroChina Co Ltd Class H. The current adx is 49.82.

The long score for the Directional Movement Index (DMI) is 3/7.
The longshort score for the Directional Movement Index (DMI) is 3/(-7 +7).

PLUS_ID > MINUS_DI: The +DI line is above the -DI line. This indicates a bullish signal in the market, as the positive directional movement is currently stronger than the negative directional movement, showing that buyers have the upper hand. Market psychology suggests that traders are optimistic, expecting further price increases, and are more willing to buy Petrochina shares, leading to potential upward momentum in its price. +1
PLUS_ID > MINUS_DI && ADX > 25 && ADX trending down: The ADX is above 25 and indicates a strong bullish trend. The ADX is declining, the bullish trend is weakening. Could be a potential reversal to the downside. +2

PetroChina Co Ltd Class H Daily Directional Movement Index (DMI) Chart

2.4 Parabolic SAR

Shows the current trend and potential entry and exit signals.

Parabolic SAR (stop and reverse) is a lagging trend indicator.
Shows the current trend.
Shows potential entry signals.
Shows potential exit signals.
Can be used to place trailing stoplosses..

Score

Let's take a look at the Parabolic SAR of PetroChina Co Ltd Class H. The current sar is 7.63737135.

The long score for the Parabolic SAR is 0/1.
The longshort score for the Parabolic SAR is -1/(-1 +1).

Close < SAR: The price is below the SAR. It's generally considered a bearish signal. -1

PetroChina Co Ltd Class H Daily Parabolic SAR Chart

3. Momentum Indicators

3.1 Relative Strength Index (RSI)

Measures the speed and change of price movements.

Leading momentum indicator, meaning the signals are instant.
Ranges between 0 and 100.
Above 70 is considered overbought.
Below 30 is considered oversold.
Above or below 50 can also be used to determine price trend or support and resistance.
RSI divergence looks at a deviation between RSI and price movement. Penketrading automatically calculates RSI divergences.
Can be used in many different ways

Score

Let's take a look at the Relative Strength Index (RSI) of PetroChina Co Ltd Class H. The current rsi is 62.94. The current phase is Continuation in bull market.

The long score for the Relative Strength Index (RSI) is 4/13.
The longshort score for the Relative Strength Index (RSI) is 4/(-13 +13).

Continuation in bull market: Uptrend continues after a consolidation or pullback. Hold or add to existing positions.
Trending up: The RSI is trending up. +1

Measures the speed and change of price movements.

There are four types of indicators:

Trend indicators
Momentum indicators
Volatility indicators
Volume indicators

The RSI measures the magnitude of recent price changes to determine if the asset is overbought or oversold.

Overbought (RSI above 70) means that the trading price is above its intrinsic value. This might indicate a sell or short signal.
Oversold (RSI below 30) means that the trading price is below its intrinsic value. This might indicate a buy or long signal.
RSI levels above or below 50 can also be used to determine a trend.
RSI divergence looks at a deviation between RSI and price movement.
Can be used in many different ways.

Original usage

Keep in mind that almost every indicator can be used in different ways. Even beyond the orginal settings. The relative strength index was developed by J. Welles Wilder. Wilder recommended a smoothing period of 14 days. That means a 14 day moving average (read more about this setting below). Another quote from the wikipedia page:

Wilders also considers the RSI 50 line as both support and resistance. I recommend to always read the original settings first before using an indicator. Many traders and websites are using their own version of the indicator which might be confusing.

How you can use RSI (Divergence)

First and foremost, there is no real right or wrong usage of the RSI indicator. You can use it in any way you want. Wilder recommends using a 14 day average but you can make it 50 or 100 if you like. Just keep in mind that using an indicator is just part of a larger trading plan. In other words, it’s not recommended to do any trading or investing based on a single indicator like the RSI.

The RSI is measured on a scale between 0 and 100. From 30 till 0 is considered oversold. and from 70 -100 is overbought. The RSI is a leading indicator, meaning the signals are instant.

I like to use the RSI as a trend\momentum indicator and not as an overbought or oversold indicator. I use the middle (50) as the baseline. When prices go above RSI 50 the trend is bullish and can indicate long positions. When below 50 it is considered bearish and can indicate short positions. Other traders use the 70 and 30 levels as overbought/oversold depending on the used strategy. The RSI indicator looks like this:

Source: Tradingview.com

The general concensus is that an RSI above 70 indicates that the security is overbought. In other words, the price this security is trading for is to high and should come down. So if RSI hits 70 or above this might indicate a sell signal or taking a short position (expecting the price will go down). Although RSI above 70 indicates the security is trading above it's fair value, that does not mean the price will go down.

Use tradingview to add indicators

I highly recommend using tradingview to add indicators to a chart. It has all the indicators you can think off and can add them for free (up to three indicators) to any chart you want. You can see that the levels 30 and 70 are marked with a dotted line. If you want you can remove these lines or give it another colour using Tradingview. You can also adjust the moving average used. You can also find RSI indicators made by the community that include other settings like RSI divergences.

Tradingview

Use Tradingview to (back)test your strategies and add hundreds of indicators created by the community.

View tool on Tradingview.com

RSI divergence

RSI is not only used to determine momentum but can also spot reversals or continuations of the trend. A reversal means that the trend is going in the opposite direction. From bullish to bearish or from bearish to bullish. These reversals can be spotted by looking at the price and the direction of the RSI. When the price is going up but the RSI is going down that means there is a divergence. This is also the case when RSI goes up but price is going down.

There are four types of divergences:

Regular bullish divergence
Regular bearish divergence
Hidden bullish divergence
Hidden bearish divergence

Regular bullish divergence

With a regular bullish divergence, the price is making lower highs but the oscillator (in this case the RSI) is making higher lows. A regular bullish divergence might indicate the end of the current trend. You’ll see regular bullish divergences mostly at the end of a downtrend. But that does not mean that every regular bullish divergence is a trend reversal.

Price is making lower highs
RSI is making higher lows
Indicating bullish reversal (price might go up)

Source: Tradingview.com

Regular bearish divergence

With a regular bearish divergence the price is making higher highs but the oscillator (in this case the RSI) is making lower highs. This might indicate the end of an uptrend.

Price is making higher highs
RSI is making lower highs
Indicating bearish reversal

Source: Tradingview.com

Hidden bullish divergence

With a hidden bullish divergence, the price is making a higher low while the RSI is making a lower low. This might indicate bullish trend continuation.

Price is making higher lows
RSI is making lower lows
Indicating bullish continuation

Source: Tradingview.com

As you have noticed, you can have multiple divergences in a row.

Hidden bearish divergence

With a hidden bearish divergence, price is making lower highs but RSI is making higher highs. This might indicate bearish trend continuation.

Price is making lower highs
RSI making higher highs
Indicating bearish continuation

Source: Tradingview.com

You can find many cheatsheets of RSI divergences online. Search for "RSI divergence overview" and you'll find a lot of examples. You can print these to learn the various types of divergences.

PetroChina Co Ltd Class H Daily Relative Strength Index (RSI) Chart

3.2 Stochastic Oscillator

Compares a certain price to multiple prices ranging over time.

Leading momentum indicator, meaning the signals are instant.
Used to determine overbought and oversold areas much like the RSI.
Ranges between 0 and 100.
Above 80 is considered overbought.
Below 20 is considered oversold.
Consists of two lines named K and D.
K compares the highest high and lowest low on the selected price range.
The D line is a moving average of the K line.
Can be used to spot divergences

Score

Let's take a look at the Stochastic Oscillator of PetroChina Co Ltd Class H. The current phase is Correction in bull market.

The long score for the Stochastic Oscillator is 3/6.
The longshort score for the Stochastic Oscillator is 3/(-6 +6).

STOCH %K line > STOCH %D line: The STOCH %K line is above the STOCH %D line, which indicates a bullish signal in the market. This means that the positive momentum is currently stronger than the average momentum, suggesting that buyers are more active than sellers, and there's a higher probability of the Petrochina price going up in the near term. +2
Trending up: The STOCH %K is trending up. +1

PetroChina Co Ltd Class H Daily Stochastic Oscillator Chart

3.3 Commodity Channel Index (CCI)

Measures the difference between the current price and the historical average price.

Lagging or leading Momentum indicator
When the CCI is above zero, the price is above the historical average
When the CCI is below zero, the price is below the historical average
Used for spotting trends
- If the CCI moves from negative or near zero to positive 100 that might indicate an uptrend
- If the CCI moves from positive or near zero to negative -100 that might indicate a downtrend

Score

Let's take a look at the Commodity Channel Index (CCI) of PetroChina Co Ltd Class H. The current cci is 41.58.

PetroChina Co Ltd Class H Daily Commodity Channel Index (CCI) Chart

3.4 Chande Momentum Oscillator (CMO)

Measures the difference between the sum of recent gains and the sum of recent losses. Then divides the result by the sum of all price movements in that period.

Lagging momentum indicator
Ranges between +100 and -100
Considered overbought above +50
Considered oversold below -50
It's possible to add a moving average that acts as a signal line

Score

Let's take a look at the Chande Momentum Oscillator (CMO) of PetroChina Co Ltd Class H. The current cmo is 19.11.

The long score for the Chande Momentum Oscillator (CMO) is 1/1.
The longshort score for the Chande Momentum Oscillator (CMO) is 1/(-1 +1).

CMO > 0: The CMO is above 0, the momentum of the price is positive, indicating a potential uptrend in the price. +1

PetroChina Co Ltd Class H Daily Chande Momentum Oscillator (CMO) Chart

3.5 Williams %R

Shows the current price relative to the highest high over the last 14 days.

Lagging momentum indicator
Ranging between 0 and -100
Above -20 is considered overbought
Below -80 is considered oversold
Is prone to give false signals

Score

Let's take a look at the Williams %R of PetroChina Co Ltd Class H. The current willr is -50.

The long score for the Williams %R is 0/1.
The longshort score for the Williams %R is 0/(-1 +1).

WILLR between -80 and -20: The Williams %R is between -80 and -20. This indicates that Petrochina is trading in a neutral price range, neither oversold nor overbought, suggesting a balanced market condition without any extreme price signals.

PetroChina Co Ltd Class H Daily Williams %R Chart

4. Volatility Indicators

4.1 Bollinger Bands

Shows if the price is to high or to low relative to an average.

Lagging volatility indicator
Uses 3 bands: one upper, one lower and one in the middle
Works best when the middle band reflects an intermediate trend (MA20).
When the price is moving closer to the upper band, the market might be overbought
When the price is moving closer to the lower band, the market might be oversold

Score

Let's take a look at the Bollinger Bands of PetroChina Co Ltd Class H.

PetroChina Co Ltd Class H Daily Bollinger Bands Chart

4.2 Average True Range (ATR)

Measures market volatility

Leading volatility indicator
Can be used to determine stop-loss positions
Calculated by:
- Current high minus the current low
- Current high minus the previous close
- Current low minus the previous close
The larger the range of the candles, the greater the ATR value

Score

Let's take a look at the Average True Range (ATR) of PetroChina Co Ltd Class H. The current atr is 0.23374395.

PetroChina Co Ltd Class H Daily Average True Range (ATR) Chart

5. Volume Indicators

5.1 On-Balance Volume (OBV)

Measures market volatility

Leading momentum indicator
Calculation:
- If the closing price is above the previous closing price: OBV = previous OBV + current volume
- If the closing price is below the previous closing price: OBV = previous OBV - current volume
- If the closing price is the same as the previous closing price than the OBV is the same.
Can be used to confirm price trends
Can be used with divergences

Score

Let's take a look at the On-Balance Volume (OBV) of PetroChina Co Ltd Class H. The current obv is 5,814,531,080.

PetroChina Co Ltd Class H Daily On-Balance Volume (OBV) Chart

5.2 Money Flow Index (MFI)

Measures the flow of money in and out of a security

Lagging momentum indicator
Looks like RSI but uses volume as an extra metric (RSI only considers price)
Above 80 is considered overbought
Below 20 is considered oversold
Can be used with divergences

Score

Let's take a look at the Money Flow Index (MFI) of PetroChina Co Ltd Class H. The current mfi is 64.73.

The long score for the Money Flow Index (MFI) is 1/2.
The longshort score for the Money Flow Index (MFI) is 1/(-2 +2).

MFI > 50: +1

PetroChina Co Ltd Class H Daily Money Flow Index (MFI) Chart

6. Summary

6.1. Notifications

Type	Notification	Date
Currently no notifications for PetroChina Co Ltd Class H.

6.2. Trading Signals

Below you will find trading signals as the indicator is commonly used. This doesn't mean you should use it that way. Learn from these, but don't use them blindly. I recommend using at least 4 indicators, 1 from each category: trend, momentum, volatility and volume.

Date	Indicator	Signal
2023-11-29	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2023-11-30	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-01	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-06	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-07	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	LONG ENTRY	SHORT CLOSE	Price closed below the lower band.
2023-12-12	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
2023-12-13	STOCH	LONG EXIT		The %K line crosses below the %D line.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
2023-12-14	RSI	LONG ENTRY	SHORT CLOSE	30 crossover to upside
2023-12-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-19	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2023-12-20	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
2023-12-21	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2023-12-22	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
2023-12-27	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2023-12-28	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-01-03	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-01-05	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-09	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-01-10	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-01-11	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
2024-01-16	CMO	SHORT ENTRY	LONG CLOSE	Zero line crossover to downside
2024-01-17	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	DMI	SHORT ENTRY	LONG CLOSE	The +DI crossed the -DI to the downside. The trend is reversing to a down trend.
	WILLR	SHORT ENTRY	LONG CLOSE	-80 crossover to downside
	ATR	SHORT ENTRY	LONG CLOSE	Price closed below (close - ATR).
2024-01-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-22	STOCH	LONG EXIT		The %K line crosses below the %D line.
	CCI	SHORT ENTRY	LONG CLOSE	-100 crossover to downside
2024-01-23	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-01-24	DMI	LONG ENTRY	SHORT CLOSE	The +DI crossed the -DI to the upside. The trend is reversing to an up trend.
	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	CMO	LONG ENTRY	SHORT CLOSE	Zero line crossover to upside
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-25	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-01-29	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-01-30	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-02-02	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-06	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-14	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-02-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-02-20	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-02-21	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-02-22	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-02-23	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-02-26	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-03-01	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-03-04	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-05	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-07	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-11	SAR	LONG ENTRY	SHORT CLOSE	The price broke the SAR to the upside.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-14	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-15	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-03-18	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-20	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-03-21	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
2024-03-22	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-25	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
2024-03-26	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-03-27	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-03-28	MACD	LONG ENTRY	SHORT CLOSE	The MACD line crosses above the signal line.
	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
	BB	SHORT ENTRY	LONG CLOSE	Price closed above the lower band.
	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-02	ATR	LONG ENTRY	SHORT CLOSE	Price closed above (close + ATR).
2024-04-03	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-08	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-09	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-10	STOCH	SHORT EXIT		The %K line crosses above the %D line.
2024-04-12	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-15	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	CCI	LONG ENTRY	SHORT CLOSE	100 crossover to upside
2024-04-16	STOCH	LONG EXIT		The %K line crosses below the %D line.
	MFI	LONG ENTRY	SHORT CLOSE	80 crossover to upside
2024-04-17	MFI	SHORT ENTRY	LONG CLOSE	80 crossover to downside
2024-04-18	SAR	SHORT ENTRY	LONG CLOSE	The price broke the SAR to the downside
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
2024-04-19	STOCH	SHORT EXIT		The %K line crosses above the %D line.
	WILLR	LONG ENTRY	SHORT CLOSE	-20 crossover to upside
2024-04-22	MACD	SHORT ENTRY	LONG CLOSE	The MACD line crosses below the signal line.
	RSI	SHORT ENTRY	LONG CLOSE	70 crossover to downside
	STOCH	LONG EXIT		The %K line crosses below the %D line.
2024-04-25	STOCH	SHORT EXIT		The %K line crosses above the %D line.

6.3. Candlestick Patterns

PetroChina Co Ltd Class H Daily Candlestick Chart

Date	Candlestick Pattern

6.4. Technical Score

Let's check the technical score of PetroChina Co Ltd Class H based on Penke's default Symbol scanner.

Penke's Symbol Scanner

Indicator	Condition		Value
Rsi	Greater than	50	62.938
Ma 20	Greater than	Ma 50	7.199
Ma 50	Greater than	Ma 100	6.567
Ma 100	Greater than	Ma 200	5.890
Open	Greater than	Close	7.220
Total			4/5 (80.0%)

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PetroChina Co Ltd Class H Buy, Hold or Sell?

Let's analyse Petrochina together

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Quick analysis of Petrochina (30 sec.)

What can you expect buying and holding a share of Petrochina? (30 sec.)

How much money do you get?

What is your share worth?

+ What do you gain per year?

For what price can you sell your share?

1. Valuation of Petrochina (5 min.)

HK$7.36

HK$9.63

HK$-79.25 - HK$17.32

HK$-69.63 - HK$26.94

2. Growth of Petrochina (5 min.)

Is Petrochina growing?

How much money is Petrochina making?

How much money comes from the company's main activities?

3. Financial Health of Petrochina (5 min.)

4. Comparing to competitors in the Oil & Gas Integrated industry (5 min.)

Industry Rankings (Oil & Gas Integrated)

What can you expect buying and holding a share of Petrochina? (5 min.)

What can you expect buying and holding a share of Petrochina?

Speculation

Investing

How much money are you going to get?

When do you get the money?

How sure are you?

Linear %

Fundamentals of Petrochina

About PetroChina Co Ltd Class H

Financial Health

Valuation

1.1. Profitability of PetroChina Co Ltd Class H.

1.1. Profitability

1.1.1. Net Profit Margin

Trends

Compared to industry (Oil & Gas Integrated)

1.1.2. Return on Assets

Trends

Compared to industry (Oil & Gas Integrated)

1.1.3. Return on Equity

Trends

Compared to industry (Oil & Gas Integrated)

1.2. Operating Efficiency of PetroChina Co Ltd Class H.

1.2. Operating Efficiency

1.2.1. Operating Margin

Trends

Compared to industry (Oil & Gas Integrated)

1.2.2. Operating Ratio

Trends

Compared to industry (Oil & Gas Integrated)

1.3. Liquidity of PetroChina Co Ltd Class H.

1.3. Liquidity

1.3.1. Current Ratio

Trends

Compared to industry (Oil & Gas Integrated)

1.3.2. Quick Ratio

Trends

Compared to industry (Oil & Gas Integrated)

1.4. Solvency of PetroChina Co Ltd Class H.

1.3. Liquidity

1.4.1. Debt to Asset Ratio

Trends

Compared to industry (Oil & Gas Integrated)

1.4.2. Debt to Equity Ratio

Trends

Compared to industry (Oil & Gas Integrated)

2. Market Valuation of PetroChina Co Ltd Class H

2.1. Earnings Per Share

2.1. Price to Earnings Ratio

Trends

Compared to industry (Oil & Gas Integrated)

PetroChina Co Ltd Class H
Buy, Hold or Sell?