Financial Performance - Revenue decreased by 29.40% to RMB 823,527,000 compared to RMB 1,166,518,000 in the same period last year[13] - Gross profit increased significantly by 1139.95% to RMB 194,337,000 from RMB 15,673,000 year-on-year[13] - The profit attributable to owners of the company was RMB 68,844,000, a turnaround from a loss of RMB 140,750,000 in the previous year[13] - Basic earnings per share for the six months ended June 30, 2023, was RMB 3.474, compared to a loss of RMB 8.371 per share in the same period last year[13] - The company reported a total comprehensive income attributable to owners of the company of RMB 82,131,000 for the period, a significant recovery from a loss of RMB 127,771,000 in the previous period[39] - The company reported a net foreign exchange gain of RMB 3,526,000 for the six months ended June 30, 2023, down from RMB 4,966,000 in the same period of 2022[51] - The company incurred a loss of RMB 29,773,000 from the fair value of derivative financial instruments, compared to a loss of RMB 16,162,000 in the previous year[51] Assets and Liabilities - Total equity as of June 30, 2023, was RMB 1,829,378,000, up from RMB 1,747,247,000[6] - The total assets as of June 30, 2023, were RMB 2,168,918,000, while total liabilities were RMB 810,595,000[46] - The total assets less current liabilities as of June 30, 2023, were RMB 2,163,259,000, an increase from RMB 2,089,508,000 as of December 31, 2022, representing a growth of approximately 3.5%[40] - The net current assets as of June 30, 2023, were RMB 678,262,000, compared to RMB 531,604,000 as of December 31, 2022, reflecting an increase of about 27.6%[40] - The company’s total liabilities decreased, contributing to a lower capital-to-debt ratio due to profits generated in the first half of 2023[80] - The group's capital debt ratio decreased to 24.84% as of June 30, 2023, down from 28.37% as of December 31, 2022, indicating improved financial stability[115] Cash Flow and Investments - The company’s cash and cash equivalents as of June 30, 2023, were RMB 725,737,000, compared to RMB 610,477,000 as of December 31, 2022, reflecting an increase of approximately 18.9%[40] - Cash and bank deposits as of June 30, 2023, amounted to approximately RMB 729,701,000, an increase from RMB 610,477,000 as of December 31, 2022[74] - The company invested approximately RMB 3,817,000 in property, plant, and equipment during the first half of 2023, down from RMB 23,185,000 in the same period last year[92] - The group has no significant investments for the half-year period ending June 30, 2023, indicating a focus on internal development[100] Operational Efficiency - Operating profit for the period was RMB 104,510,000, compared to an operating loss of RMB 102,240,000 in the previous year[15] - The overall gross margin improved from 1.34% in the previous year to 23.60% in the current period, attributed to better project management and cost control[70] - Administrative and other operating expenses decreased by approximately 22.64% or RMB 30,621,000, totaling about RMB 104,602,000[72] - The company has implemented various management measures to optimize personnel and management structures, enhancing operational efficiency and reducing production costs[64] Market and Business Strategy - The international marine engineering market shows potential opportunities, although geopolitical factors introduce significant uncertainties[65] - The company secured new contracts worth approximately RMB 3 billion, expected to be completed over the next two years[92] - The group plans to restructure its market development team and establish specialized teams for different international markets to enhance market exploration and customer demand understanding[118] - The group aims to actively seek new business opportunities and explore business restructuring through acquisitions and collaborations[119] - The group is transitioning from traditional manufacturing to modular EPC, focusing on new energy businesses, including offshore wind power, to create new growth points[104] Workforce and Human Resources - The total number of employees as of June 30, 2023, was 2,318, a decrease from 2,739 as of December 31, 2022, reflecting a reduction in workforce[116] Dividends - The company announced no interim dividend for the six months ended June 30, 2023[13] - The board does not recommend the distribution of an interim dividend for the six months ending June 30, 2023[106]

Financial Performance - Total revenue for 2022 was RMB 1,750,927 thousand, a decrease of 56.1% compared to RMB 3,981,612 thousand in 2021[144]. - Gross profit for 2022 was RMB 42,530 thousand, down 85.0% from RMB 283,616 thousand in 2021[144]. - Operating loss for 2022 was RMB 169,199 thousand, compared to an operating profit of RMB 49,397 thousand in 2021[144]. - Net loss attributable to owners for 2022 was RMB 208,234 thousand, compared to a profit of RMB 11,024 thousand in 2021[144]. - Basic loss per share for 2022 was RMB (11.80) cents, compared to earnings of RMB 0.66 cents in 2021[144]. - The company reported a net loss of RMB 180,784,000 for the year ended December 31, 2022, compared to a net loss of RMB 443,878,000 for the previous year[148]. - Total comprehensive income for the year was RMB (180,784) thousand, a decrease from RMB (2,324) thousand in the previous year[170]. - The company reported a significant reduction in trade receivables, which fell to RMB 264,023 thousand in 2022 from RMB 419,536 thousand in 2021[146]. - The company recorded a loss on impairment of property, plant, and equipment of RMB 55,962 thousand in 2022, compared to RMB 5,317 thousand in 2021, indicating increased asset impairment issues[198]. - The company experienced a pre-tax loss of RMB (197,844) thousand in 2022, a decrease from a profit of RMB 19,811 thousand in 2021, highlighting a substantial downturn in financial performance[198]. Shareholder Information - As of December 31, 2022, the company has approximately RMB 1,379,936,000 in share premium reserves, available for distribution to shareholders after deducting cumulative losses of about RMB 27,430,000[3]. - The company has a public float of at least 25% as of December 31, 2022, ensuring compliance with public shareholding requirements[29]. - The board considers various factors, including financial performance and cash flow, when recommending dividends[4]. - The company paid dividends totaling RMB 512,713,000 during the year[148]. - The company provides information to shareholders and investors primarily through financial reports and regulatory disclosures[107]. - The company has implemented a shareholder communication policy to ensure timely and effective information dissemination to shareholders and investors[120]. - The company actively engages with investors through performance briefings and individual meetings to communicate its status and developments[121]. - The company is committed to enhancing communication with shareholders and investors through various channels, including its website and investor relations department[119]. Corporate Governance - The company has adopted the Corporate Governance Code to enhance transparency and protect shareholder rights[43]. - The company aims to maintain high standards of corporate governance to improve operational efficiency[44]. - The company has established a comprehensive internal management system to monitor financial risks and ensure compliance[55]. - The company’s board of directors includes independent non-executive directors, ensuring compliance with listing rules[47]. - The audit committee oversees the financial reporting process and ensures that the management prepares the consolidated financial reports appropriately[66]. - The audit committee acknowledges that the issues leading to the qualified opinion have been resolved, and the financial impact has been reflected in the financial statements for the years ended December 31, 2021, and December 31, 2022[64]. - The audit committee held two meetings during the year to review financial data, including annual and semi-annual performance, and discussed risk management and internal control systems[87]. - The company has established a remuneration committee to review and recommend compensation policies for directors and senior management[89]. - The nomination committee held three meetings to discuss the nomination of new directors and ensure diversity in the board's composition[101]. - The company emphasizes a diversity policy for board members, considering various factors such as gender, age, and professional experience[102]. Risk Management - The company has a risk management framework in place to identify and assess potential risks affecting business objectives[55]. - The board is responsible for reviewing the effectiveness of risk management and internal control systems, which aim to manage risks rather than eliminate them[79]. - The company has established internal audit functions to regularly review financial management, production, and service processes[80]. - Directors are required to stay informed about the company's operational and financial conditions and report any significant events[81]. - The board conducted an annual review of the group's risk management and internal control systems, affirming their overall effectiveness[82]. Audit and Compliance - The independent auditor issued a qualified opinion on the consolidated financial statements for the year ended December 31, 2022, due to insufficient audit evidence[67]. - The independent auditor was unable to obtain sufficient appropriate audit evidence to support the carrying value of the default provision as of December 31, 2021[85]. - The independent auditor's report indicates that the consolidated financial statements reflect a true and fair view of the company's financial position as of December 31, 2022, except for matters described in the "Basis for Qualified Opinion" section[126]. - The audit fees for the year amounted to HKD 1,680,000, while other services cost HKD 250,000[62]. - The company’s independent auditor has been retained since its establishment in 2005, confirming independence and objectivity[41]. Capital Expenditures and Investments - Approximately HKD 500 million was allocated for the design, procurement, installation, and construction of oil and gas facilities, fully utilized as planned[8]. - About HKD 250 million was designated for capital expenditures related to the enhancement and expansion of production and office facilities in Zhuhai, with HKD 194 million already spent[8]. - The company has not utilized approximately HKD 100 million allocated for upgrading the Penglai site and related equipment, expected to be used in 2023 to 2024[10]. - Approximately HKD 38,866,500 was allocated for general operating funds, with HKD 6 million utilized during the reporting year[10]. - The company raised bank loans amounting to RMB 295,500 thousand during the year, while repaying RMB 312,900 thousand in bank and other loans[177]. Financial Position - Non-current assets totaled RMB 1,557,904 thousand in 2022, down from RMB 1,736,590 thousand in 2021[146]. - Current assets decreased to RMB 1,621,558 thousand in 2022 from RMB 2,137,380 thousand in 2021[146]. - Current liabilities decreased to RMB 1,089,954 thousand in 2022 from RMB 1,797,047 thousand in 2021[146]. - As of December 31, 2022, total equity amounted to RMB 1,747,247,000, a decrease from RMB 1,805,467,000 as of December 31, 2021[148]. - The company's net asset value decreased to RMB 1,747,247 thousand in 2022 from RMB 1,805,467 thousand in 2021, indicating a reduction in equity[173]. - The company’s total equity decreased from RMB 1,805,467 thousand in 2021 to RMB 1,747,247 thousand in 2022, reflecting a decline in shareholder value[173]. - The company’s cash and cash equivalents were RMB 610,477 thousand in 2022, down from RMB 662,765 thousand in 2021[146]. - Cash and cash equivalents as of December 31, 2022, were RMB 97,799,000, down from RMB 134,310,000 in 2021[150]. - The company recognized a significant goodwill of RMB 52,444,000 allocated to its oil and gas exploration equipment manufacturing business[157]. Default Compensation and Provisions - The company reported a provision for default compensation of approximately RMB 138,600,000 due to a contract delay, with an increase of RMB 73,600,000 recognized in the profit and loss account for the year ended December 31, 2022[61]. - The final amount for the default compensation reached RMB 138,600,000, and additional claims amounted to RMB 29,000,000, fully reflected in the financial statements for the years ended December 31, 2021, and December 31, 2022[63]. - Management is in negotiations with clients regarding the final amount of default compensation related to delivery delays, which exceeded the provisions made[84]. - The company recorded significant delays in the delivery of goods under a contract, which were attributed to various factors beyond its control[108]. - The company uses a provision matrix to estimate expected credit losses for trade receivables, which involves significant management judgment based on historical loss experience[116]. - The audit identified the estimation of expected credit losses for trade receivables as a key audit matter due to its importance to the consolidated financial statements[116].

Financial Performance - Revenue for the year ended December 31, 2022, decreased by 56.02% to RMB 1,750,927,000 compared to RMB 3,981,612,000 in 2021[24] - Gross profit for the same period fell by 85% to RMB 42,530,000 from RMB 283,616,000 in the previous year[24] - The company reported a loss attributable to shareholders of RMB 208,234,000 for the year ended December 31, 2022, compared to a profit of RMB 11,024,000 in 2021[24] - The basic loss per share for the year was RMB 11.80, with no final dividend recommended for the year ended December 31, 2022[24] - The company reported a pre-tax loss of RMB 197,844,000 for the year, compared to a pre-tax profit of RMB 19,811,000 in 2021[13] - The total reported segment profit for 2022 was RMB 42,530,000, a significant decrease from RMB 283,616,000 in 2021, reflecting a decline of approximately 85%[42] - The company reported a net loss of RMB 105,196,000 for the year 2022, compared to a net profit of RMB 28,733,000 in 2021[69] - The company reported a net loss of RMB 208,234,000 in 2022, compared to a profit of RMB 11,024,000 in 2021[103] Operational Highlights - The group operated 15 projects at the Penglai site in 2022, with 8 projects completed and delivered successfully, achieving zero incident rate for 8 consecutive years[5] - The group achieved a total of 1.16 billion safe working hours without incidents, meeting all health, safety, and environmental targets for the year[5] - The company experienced significant project delays and cost increases, leading to substantial losses in the Zhuhai facility, impacting overall operational performance in 2022[120] - The company achieved 25 million safe working hours on the Arctic LNG2 project, marking a significant milestone in safety and quality[147] Employee and Management Changes - The total number of employees as of December 31, 2022, was 2,739, a decrease from 3,512 in 2021, with a reduction in both management and technical staff[9] - The company adjusted its management team in the second half of 2021 to address specific issues in project execution at the Zhuhai facility[121] - The group emphasizes the importance of creating a fair and open competitive environment for employees, with compensation and rewards based on industry standards and performance[189] Financial Position - Non-current assets decreased from RMB 1,736,590 thousand in 2021 to RMB 1,557,904 thousand in 2022, a decline of approximately 10.3%[28] - Current liabilities reduced significantly from RMB 2,137,380 thousand in 2021 to RMB 1,621,558 thousand in 2022, representing a decrease of about 24.1%[28] - The company's total equity decreased from RMB 1,805,467 thousand in 2021 to RMB 1,747,247 thousand in 2022, a decline of approximately 3.2%[29] - The company’s cash and cash equivalents decreased from RMB 662,765 thousand in 2021 to RMB 610,477 thousand in 2022, a decline of approximately 7.9%[28] - The total assets reported for 2022 were RMB 3,179,462,000, down from RMB 3,873,970,000 in 2021, indicating a reduction of about 18%[42] - The total liabilities decreased to RMB 1,432,215,000 in 2022 from RMB 2,068,503,000 in 2021, representing a decline of approximately 31%[42] Revenue and Cost Analysis - Total revenue from construction contracts and new energy products for 2022 was RMB 1,750,927 thousand, down from RMB 3,981,612 thousand in 2021, indicating a decline of approximately 56.1%[35] - Revenue from construction contracts for 2022 was RMB 1,544,552,000, down from RMB 3,801,550,000 in 2021, a decrease of about 59%[56] - The cost of sales and services for 2022 was about RMB 1,708,397,000, down 53.80% from RMB 3,697,996,000 in 2021[153] - Direct costs accounted for 83.02% of total sales and service costs, amounting to RMB 1,418,338,000, a reduction of 57.84% from RMB 3,364,114,000 in the previous year[153] - Administrative and other operating expenses decreased by 17.30% to approximately RMB 273,223,000 compared to RMB 330,375,000 in 2021[156] Strategic Initiatives - The group plans to actively explore business restructuring and transformation opportunities through acquisitions and collaborations[6] - The company plans to continue investing in upgrading existing facilities to enhance construction capacity and timely delivery capabilities[124] - The company aims to develop multi-system and multi-field integrated energy service capabilities, focusing on core markets and advantageous products[150] - The group plans to focus on market development, particularly in the energy sector, and will enhance bidding capabilities and personnel to track upcoming projects over the next two years[194] - The company has plans for market expansion and new product development, although specific details were not disclosed in the conference call[43] Challenges and Risks - The global energy crisis, exacerbated by geopolitical conflicts, poses significant challenges for the company and the industry as a whole[146] - The group is actively managing foreign exchange risks associated with fluctuations in the RMB against USD and EUR, aiming to minimize exposure to foreign currency-denominated assets[188] - The group is in discussions with clients regarding the final amount of penalties due to significant delays in the delivery of goods, which exceeded the prepared provisions[192] Miscellaneous - The company recognized government subsidies of approximately RMB 3,936,000 for 2022, compared to RMB 6,737,000 in 2021, reflecting a decline of about 42%[60] - The company has been recognized as a high-tech enterprise, allowing for a reduced tax rate of 15% for certain subsidiaries until November 17, 2025[47][48] - The company reached an agreement with clients regarding compensation for delayed defaults amounting to RMB 138,600,000 and additional claims of RMB 29,000,000, which have been reflected in the financial statements[184]

Financial Performance - Revenue decreased by 42.88% year-on-year to RMB 1,166,518,000[4] - Gross profit decreased by 94.05% year-on-year to RMB 15,673,000[4] - The loss attributable to owners for the six months ended June 30, 2022, was RMB 140,750,000, compared to a profit of RMB 98,301,000 for the same period in 2021[4] - Basic loss per share for the six months ended June 30, 2022, was RMB 8.371[4] - The company reported a total comprehensive loss of RMB 127,771,000 for the period[7] - Total comprehensive income for the six months ended June 30, 2022, was RMB (140,750) thousand, compared to RMB (127,771) thousand for the same period in 2021[16] - The company reported a total comprehensive loss before tax of RMB 118,567 thousand for the six months ended June 30, 2022, compared to a profit of RMB 124,649 thousand for the same period in 2021[35] - The company reported a loss attributable to owners of approximately RMB 140,750,000, a decrease of about 243% compared to the profit in the same period last year[88] Assets and Liabilities - Total assets less current liabilities as of June 30, 2022, amounted to RMB 2,185,730,000[10] - Net current assets as of June 30, 2022, were RMB 552,945,000[10] - Non-current assets as of June 30, 2022, totaled RMB 1,632,785,000[8] - Total equity as of June 30, 2022, was RMB 1,676,326,000[10] - The company reported a total equity of RMB 1,676,326 thousand as of June 30, 2022, compared to RMB 1,896,255 thousand as of December 31, 2021[16] - The company’s total liabilities as of June 30, 2022, were RMB 634,351 thousand, compared to RMB 1,896,255 thousand as of December 31, 2021[16] Cash Flow - Cash used in operating activities for the six months ended June 30, 2022, was RMB (166,976) thousand, a decrease from RMB 363,012 thousand in the same period of 2021[16] - Net cash generated from financing activities for the six months ended June 30, 2022, was RMB 202,748 thousand, compared to RMB (204,210) thousand in the same period of 2021[16] - The cash and cash equivalents at the end of the period were RMB 705,024 thousand, down from RMB 1,344,933 thousand at the end of June 30, 2021[16] - The company reported a net cash outflow from operating activities of approximately RMB 166,976,000 for the period[89] Segment Performance - Revenue from external customers for the Oil and Gas segment was RMB 1,033,918 thousand, while the New Energy and Refining segment generated RMB 123,540 thousand, totaling RMB 1,166,518 thousand for the six months ended June 30, 2022[33] - The Oil and Gas segment reported a profit of RMB 139,919 thousand, whereas the New Energy and Refining segment incurred a loss of RMB 124,212 thousand, resulting in a total segment profit of RMB 15,673 thousand[33] Operational Challenges - The company faced significant losses from the Zhuhai site due to project delays and cost overruns, impacting performance in 2021 and the first half of 2022[75] - The company reported a substantial decrease in workload in the first half of 2022 compared to the same period last year, with insufficient new orders impacting future operations[76] - The company is actively negotiating with clients to push forward project progress affected by external uncertainties, including geopolitical tensions[72] Corporate Governance - The audit committee has reviewed the unaudited interim financial information for the six months ending June 30, 2022, and found it compliant with applicable accounting standards[164] - The company has adopted the Corporate Governance Code to enhance transparency and protect shareholder rights[160] - The company has established an audit committee consisting of three independent non-executive directors and one non-executive director[164] - The company is committed to maintaining high standards of corporate governance and compliance with listing rules[160] Shareholder Information - As of June 30, 2022, the major shareholder Wang Lishan holds 396,911,278 shares, representing 23.61% of the total shares[145] - The beneficial owner of the company, Sanju Environmental Protection (Hong Kong) Limited, holds 641,566,556 shares, accounting for 38.16% of the total shares[147] - Major shareholders include Beijing Sanju Environmental Protection New Materials Co., Ltd. with 641,566,556 shares (38.16%) and Xiangxing Investment Co., Ltd. with 396,911,278 shares (23.61%) [151] Future Outlook - The company plans to focus on market development, particularly in North America and Europe, due to strong investment momentum in oil and gas development projects[105] - The company aims to actively expand its offshore wind power construction strategy[106] - Future guidance indicates a projected revenue growth of approximately 10% year-over-year for the next fiscal period[138]

Financial Performance - The company's turnover for 2021 was RMB 3,981,612,000, a significant increase compared to RMB 3,647,183,000 in 2020, representing a growth of approximately 9.1%[8] - Gross profit for 2021 was RMB 447,749,000, while net profit was RMB 11,024,000, indicating a net profit margin of approximately 0.28%[8] - Basic and diluted earnings per share for 2021 were RMB 0.0066 and RMB 0.0065, respectively[9] - In 2021, the company's net profit attributable to owners was approximately RMB 11,024,000, a decrease of 92.49% compared to RMB 146,712,000 in 2020[31] - The company's gross profit for 2021 was approximately RMB 283,616,000, a decrease of 36.66% or RMB 164,133,000 from 2020, resulting in a gross margin drop from 12.28% to 7.12%[28] - The company recorded revenue of approximately RMB 3,981,612,000 in 2021, an increase of 9.17% or RMB 334,429,000 compared to 2020[22] - Revenue from the oil and gas equipment engineering and integrated services increased by 2.72% or RMB 77,378,000, while revenue from the new energy and refining equipment engineering and integrated services surged by 33.34% or RMB 259,765,000, mainly due to contributions from offshore wind power equipment projects[22] Dividends and Share Capital - The company did not recommend a final dividend for the year ended December 31, 2021[9] - The company has no predetermined dividend payout ratio, and the declaration of dividends is at the discretion of the board[70] - The board of directors has approved a dividend payout of $0.50 per share, representing a 25% increase from the last dividend[48] - The company issued 47,290,000 ordinary shares in 2021, raising a total of HKD 30,819,000[72] - The company's total share capital as of December 31, 2021, consisted of 1,681,306,389 ordinary shares, an increase from 1,634,016,389 shares in 2020[73] Operational Achievements - The completion of the GCGV natural gas chemical plant core module construction project in March 2021 marked a significant achievement, with a total of 2,230 million safe working hours recorded[11] - The Arctic LNG 2 liquefied natural gas production line core module construction project delivered its first three modules by the end of 2021, contributing to a total of over 20 million safe working hours[12] - The company has received multiple awards for project excellence, including "Best Site" and "Best Team" for the GCGV project[11] Management and Strategy - The company is actively optimizing its management structure and enhancing management controls to improve project delivery efficiency[11] - The company is actively seeking new business opportunities through acquisitions and collaborations to promote business transformation[18] - The company plans to enhance its construction efficiency and reduce costs by investing in facility upgrades and improving manufacturing capabilities[17] - The company aims to improve market organization and marketing capabilities to secure major bidding opportunities and increase market orders[16] Employee and Safety Initiatives - The company is focusing on enhancing employee skills and safety through various training and engagement activities[16] - The company has implemented a health, safety, and environmental management system certified by OHSAS18001:2007, focusing on creating a safe production environment[63] - The company conducts annual health checks for employees to ensure they meet health standards[64] Financial Position and Liabilities - As of December 31, 2021, the group's cash and cash equivalents amounted to approximately RMB 666,970,000, down from RMB 1,191,173,000 in 2020[31] - The capital debt ratio increased to 29.58% in 2021 from 25.55% in 2020, primarily due to a reduction in total equity after dividend payments totaling RMB 512,713,000[38] - The group had approximately RMB 397,830,000 in available bank credit as of December 31, 2021, compared to RMB 332,940,000 in 2020[31] - The group reported a provision for default compensation of approximately RMB 65 million due to contract delivery delays as of December 31, 2021[179] - The expected credit loss for trade receivables is estimated using a matrix that involves significant management judgment based on historical credit loss experience[191] Corporate Governance - The company has adopted the Corporate Governance Code to maintain high standards of corporate governance, enhancing transparency and protecting shareholder rights[132] - The board held a total of 12 meetings in 2021, with attendance rates for individual directors ranging from 11 to 12 out of 12 meetings[141] - The company has confirmed that all independent non-executive directors have submitted annual confirmations regarding their independence as per listing rules[140] - The company is committed to reviewing and monitoring compliance with legal and regulatory requirements as part of its corporate governance responsibilities[140] Audit and Compliance - The independent auditor expressed a qualified opinion regarding the adequacy of audit evidence for the provision recognized in the financial statements[155] - The audit committee held two meetings during the year to review and discuss the company's financial information, including annual and semi-annual performance[163] - The audit committee recommended the reappointment of the independent auditor for the 2022 financial year[165] - The auditor's report aims to provide transparency while balancing legal and public interest considerations[200] Future Outlook - The company provided guidance for the next quarter, expecting revenue to be between $1.6 billion and $1.7 billion, indicating a growth rate of 7% to 13%[48] - New product launches are anticipated to contribute an additional $200 million in revenue over the next fiscal year[48] - Market expansion plans include entering two new international markets by the end of the fiscal year, projected to increase market share by 5%[48]

JUTAL (於開曼群島註冊成立的有限公司) 股份代號：03303 2021 中期報告 目錄 | --- | --- | |------------------------------|-------| | | | | 財務摘要 | 2 | | 獨立審閱報告 | 3 | | 簡明綜合損益表 | 5 | | 簡明綜合損益及其他全面收益表 | 6 | | 簡明綜合財務狀況表 | 7 | | 簡明綜合權益變動表 | 9 | | 簡明綜合現金流量表 | 10 | | 簡明綜合財務報表附註 | 11 | | 管理層討論及分析 | 29 | | 董事會報告及公司管治 | 40 | | 公司資料 | 58 | 二零二一年中期報告 2 財務摘要 | --- | --- | |---------------------------------------------------------------------|------------------| | | | | • 營業額較去年同期增加 57.53% 至人民幣 2,042,142,000 元。 | | | • 毛利較去年同期增加 48.46% 至人民幣 263,505, ...

and on the start the comment of the see of JUTAL 巨 濃 海 洋 石 油 服 務 有 限 公 司 Jutal Offshore Oil Services Limited (於同曼群島註冊成立的有限公司) B3-43-43 股份代號:03303 年報 2020 目錄 公司資料 2 財務概要 4 主席報告 5 管理層討論及分析 8 董事及高級管理層 14 董事會報告 17 企業管治報告 35 獨立核數師報告 42 綜合損益表 47 綜合損益及其他全面收益表 48 綜合財務狀況表 49 綜合權益變動表 51 綜合現金流量表 52 綜合財務報表附註 54 財務資料摘要 120 2020年年報 2 公司資料 | --- | --- | --- | --- | |--------------------|-------|----------------------------|--------------------------| | 股份資料 | | | 提名委員會 | | 上市地點 | ： | 香港聯合交易所有限公司主板 | 齊大慶先生（主席） | | 股份代號 | ： ...

JUTAL 巨 濤 海 洋 石 油 服 務 有 限 公 司 Jutal Offshore Oil Services Limited (於開曼群島註冊成立的有限公司) 股份代號：03303 2020 中期報告 000000000 0 0.0 目錄 | --- | --- | |------------------------------|-------| | | | | 財務摘要 | 2 | | 獨立審閱報告 | 3 | | 簡明綜合損益表 | 5 | | 簡明綜合損益及其他全面收益表 | 6 | | 簡明綜合財務狀況表 | 7 | | 簡明綜合權益變動表 | 9 | | 簡明綜合現金流量表 | 10 | | 簡明綜合財務報表附註 | 11 | | 管理層討論及分析 | 29 | | 董事會報告及公司管治 | 40 | | 公司資料 | 56 | 二零二零年中期報告 2 財務摘要 | --- | --- | |-------|--------------------------------------------------------------------------| | | | | • | 營業額較去年 ...

JUTAL 巨 濤 海 洋 石 油 服 務 有 限 公 司 Jutal Offshore Oil Services Limited (於開曼群島註冊成立的有限公司) 股份代號: 03303 2019 dco CALM Buoy & PLEM Fabrication Project 5 4 3 sting Heavy Industries Co., Ltd. 目錄 公司資料 2 財務概要 4 主席報告 5 管理層討論及分析 10 董事及高級管理層 16 董事會報告 19 企業管治報告 33 獨立核數師報告 39 綜合損益表 44 綜合損益及其他全面收益表 45 綜合財務狀況表 46 綜合權益變動表 48 綜合現金流量表 49 綜合財務報表附註 51 財務資料摘要 120 THE WATER 2019 年年報 2 股份資料 董事會 執行董事 劉雷先生（主席） 王立山先生 王寧生先生 曹雲生先生 劉玉年先生 唐暉先生 獨立非執行董事 蘇洋先生 鄭益民先生 齊大慶先生 審核委員會 蘇洋先生（主席） 鄭益民先生 齊大慶先生 公司資料 | --- | --- | --- | |----------------|----- ...

Financial Performance - Revenue decreased by 30.72% year-on-year to RMB 492,668,000[4] - Gross profit fell by 52.28% year-on-year to RMB 87,910,000[4] - The company reported a loss attributable to owners of RMB 32,716,000 for the six months ended June 30, 2019, compared to a profit of RMB 18,663,000 in the same period of 2018[4] - Basic loss per share for the six months ended June 30, 2019, was RMB 2.002[4] - Total comprehensive loss attributable to owners for the period was RMB 26,101,000[12] - The group reported a loss attributable to owners of the company of approximately RMB 32,716,000, with a basic loss per share of RMB 2.002[107] - The overall gross margin decreased from 25.90% to 17.84% due to a lower bidding strategy for major projects[101] Assets and Liabilities - Non-current assets amounted to RMB 1,689,394,000 as of June 30, 2019[14] - Current assets totaled RMB 2,030,478,000 as of June 30, 2019[14] - Cash and cash equivalents decreased to RMB 476,846,000 from RMB 900,712,000 at the end of 2018[14] - As of June 30, 2019, the total current liabilities amounted to RMB 1,093,290 thousand, a decrease from RMB 1,392,070 thousand as of December 31, 2018, representing a reduction of approximately 21.5%[16] - The total assets less current liabilities stood at RMB 2,626,582 thousand, up from RMB 2,571,404 thousand, indicating an increase of approximately 2.1%[16] - The total equity as of June 30, 2019, was RMB 2,088,883 thousand, a slight decrease from RMB 2,133,016 thousand as of December 31, 2018, reflecting a decline of about 2.1%[16] - The total accounts payable decreased to RMB 562,549 thousand as of June 30, 2019, down from RMB 659,695 thousand as of December 31, 2018, indicating a reduction of approximately 15%[78] Cash Flow - The net cash used in operating activities for the six months ended June 30, 2019, was RMB (123,225) thousand, an improvement compared to RMB (915,656) thousand for the same period in 2018[19] - The net cash used in financing activities was RMB (252,750) thousand, compared to RMB (56,801) thousand in the previous year, showing a significant increase in cash outflow[19] - The cash and cash equivalents decreased by RMB 421,560 thousand, down from RMB 720,639 thousand, marking a decline of approximately 58.5%[19] - As of June 30, 2019, the group had cash and bank deposits of approximately RMB 487,617,000, down from RMB 902,562,000 at the end of 2018[108] Investments and Expenditures - The company reported a net cash outflow from investing activities of RMB (45,585) thousand, contrasting with a net inflow of RMB 222,303 thousand in the prior year[19] - Fixed asset purchases amounted to approximately RMB 62,695,000 for the six months ended June 30, 2019, significantly higher than RMB 19,028,000 for the same period in 2018[73] - The group invested approximately RMB 57,000,000 in the construction of the foundation and supporting facilities at the Penglai site, expected to be completed in the second half of 2019[111] - The company has committed capital expenditures of RMB 69,360 thousand for fixed assets as of June 30, 2019, compared to RMB 67,677 thousand at the end of 2018, showing a slight increase in capital commitments[89] Revenue Breakdown - Revenue from the oil and gas equipment engineering and integrated services business was RMB 442,529,000, an increase of RMB 1,012,000 or 0.23% year-on-year[99] - Revenue from other energy and refining equipment engineering and integrated services decreased by 82.95% or RMB 217,128,000, primarily due to the completion of projects from 2017[96] - The group generated revenue from external customers amounting to RMB 492,668,000 for the six months ended June 30, 2019, an increase from RMB 711,127,000 for the same period in 2018[58] Employee and Corporate Governance - The total number of employees increased to 2,991 as of June 30, 2019, from 2,747 as of December 31, 2018, with technical workers rising from 1,546 to 1,833[121] - The company emphasizes the importance of employee development and continuous training[122] - The board of directors has adopted the Corporate Governance Code as per the Stock Exchange's listing rules to enhance transparency and protect shareholder interests[163] - The company has complied with the Corporate Governance Code during the reporting period, with minor deviations aimed at improving management efficiency[163] Share Options and Major Shareholders - The 2016 Share Option Plan allows for the issuance of up to 80,035,427 shares, representing 10% of the total issued shares at the time of the 2016 annual general meeting, which had 800,354,278 shares outstanding[135] - The updated 2016 Share Option Plan approved in 2018 allows for the issuance of up to 163,401,638 shares, also representing 10% of the total issued shares, which were 1,634,016,389 at the time of the mid-term report[135] - As of June 30, 2019, major shareholders holding 5% or more of the company's shares include Sanju Environmental (Hong Kong) Limited with 641,566,556 shares, representing 39.26%[153] - Wang Lishan holds 396,911,278 shares through Xiangxing Investment Limited, accounting for 24.29% of the total shares[153]