金马能源2025中期报告

中期報告 目 錄 219202627285455575860 2 LNGLNG 2025 • ••LNGLNG•LNG LNG LNGLNG •(i)(ii)(iii) • ••• 20252024 201420256 202520251.58206,201102,127LNG33,932 LNG2025 •5.5 5.57.02022105.06520244202541.8 • 80.0183620231020241218 • 2025 133 7380 5810250 •2,470.239.2%119.23.8% •19.77.16.96.4 •8.6•32.2•2.22.4%•11.68.812.7%•1.5•0.249%•133.2127.5•100.4•32.8176.5 •2,035.252%202528.3%33.7%1.7%5.9% •258.981.9%3.3%1.8%30% •113.07.1%18.3%0.1% •116.527.0%LNG4.4%35.5% 20252025 • 202594.3(i)191.6(ii)198.8(iii)29.1(iv)31.5(v)10.9(vi)74.9(vii)277.8(viii)12.8 • 202539.0(i)499.8(ii)7.1(iii)15.9(iv)196.0(v)288.5 • 2025212.0(i)1,556.7(ii)77.3(iii)78.6(iv)22.9(v)70.0(vi)115.0(vii)1,479.5 2024123140,000,00050,000,0005.30%11.45%4.50%11.51%20256302025616 20242025202412311,374.12025630980.8 202563020241231 3.10%-5.40%3.35%-5.70%2.95%-5.40%2.80%-5.60% 202563013,820.192024123113,923.70934.5520241231984.220256303,181.5202412313,258.72025651.32 202563070%174.520256302025630 20256302025 20256302,693.82202412313,167.6 202563020241231 0.770.75-8.2%-10.5%-3.2%-4.0% 2025 10.5%8.2% 4.0%3.2% 2025630 2025630 2025(i)(ii) 2025630 2025 20256302024123110.010.1 20256301,635.9202412311,604.1 2025630 20256302024123170.36%84% 2025630 25% 2025630 2024123120256302024123120256301,5005% 20 C12025630 C32025630 202598202591020259852,945,000H20259112025982025915 202510 202561620271231 2025725 2025952025917 202561620271231 13.51B(1)2025630 2025630352XV 1.L 2.535,421,000H 3.202543H156,665,00029.26%66.67%33.3%64%42.73%46.09%53.13%100%2025630202585 4.33.44% 2025630352 2025630 20256305% 1.L 2.535,421,000H 4.96.3% 5.100%2025630202543H156,665,000H29.26%66.67%33.3%64%42.73%46.09%53.13%100%2025630202585100%162,000,00030.26% 7.100%51%48.35% 8.52.248%61.829% 9.99.2% 11. 2025630336 2025630 2025630 20256302,63881102,5202025630127.6146.8 •2410 28542025630343434 2410 34 •2025828 (i)(i)2016(ii)201925% (ii)10%50% (iii)[2022]136 1. 34 20256303,243,666,00015,167,00019 •2025630934,545,00015 •20256301,290,500,000 •2025630 2. 202563020241231 202511 21 3. 3. 3. 3060 15 3. 8(i)(ii)(iii)(iv)(v)(vi) 3. 2024630 20252024630202563020241231 4. ii (i)18% (ii) 5. 6. 7. 8. 12 9. 202412312023 2 0 2 41 23 122,850,000202331,978,000 2024 10. 11. 25,387,0002024630186,057,0001 2 , 4 3 3 , 0 0 02 0 2 463 0158,817,000202463027,439,000202463023,569,000 2,253,00020246301,783,000318,00020246301,268,000 510202463023757,0002024630651,000 12. 2 0 2 563 01 , 2 0 6 , 0 3 8 , 0 0 02 0 2 41 23 11,021,228,000559,608,00020241231708,724,000139,902,00020241231177,181,0005202412315 202563020241231 13. 2024123113%110,000,00010%2025731100% 1,600,0002.6% 30602025630482,00020241231543,00090 14. iiiiiiiiiiiv (i)(ii)(iii)(iv)2025616 306090202563020241231 15. 2024123140,000,00050,000,00065.30%11.45%4.50%11.51%6 2025630172025616 16. 17. iii iiiiv (i)(ii)(iii)(iv)20257255%130 17. 3060 18. 5%2025430202563060 19. 20. (i)(ii) 21. 13 1 •21 •3 22. (a) (b) Henan Jinma Energy Company Limited 2025616202561620256162025616202572520256162025616 H6885 20256162025616202561620256162025952025917 88282801 202561620256162025616202561620256162025616 +852 3115 7766+852 3115 7798paulwong@ hnjmny.com www.hnjmny.com 2025616202561620256162025616 202561620256162025616202561620256162025616 •8835 202561620256162025616202561620256162025616 20256162025616202561620257252025616202561620256162025616 10015T61 2025616202561620256162025616202561620257252025616 1817 H 183171712-1716 202561620259172025616202572520257252025917 31 5 481 131 22 98 223260-265 2991 29 8 127 1