Financial Performance - Net profit attributable to shareholders increased by 70.87% to CNY 2,250,184.36 compared to the same period last year[6] - Basic earnings per share doubled to CNY 0.004 from CNY 0.002 in the same period last year[6] - Net profit attributable to the parent company rose by 70.87% to ¥2,250,184.36, driven by increased gross profit from main products[13] - Net profit for Q1 2015 was CNY 387,241.47, a significant decline from CNY 1,209,983.43 in Q1 2014[25] - The net profit for Q1 2015 was CNY 23,624,665.95, an increase of 10.59% compared to CNY 21,363,188.99 in the same period last year[28] Revenue and Costs - Operating revenue decreased by 8.65% to CNY 419,204,250.39 compared to the same period last year[6] - Total revenue for Q1 2015 was CNY 419,204,250.39, a decrease of 8.6% compared to CNY 458,884,986.19 in the previous year[23] - Total operating costs for Q1 2015 were CNY 423,797,137.24, down 8.8% from CNY 464,412,285.00 in the same period last year[23] - Total revenue from sales of goods and services was CNY 448,767,690.74, slightly up from CNY 440,936,643.09, indicating a growth of 1.88%[30] Assets and Liabilities - Total assets increased by 3.93% to CNY 4,573,363,924.38 compared to the end of the previous year[6] - Total liabilities increased to ¥2,637,387,806.81 from ¥2,464,946,681.74, reflecting higher borrowing levels[19] - Current assets totaled ¥967,645,980.89, up from ¥897,538,310.21, showing an increase in liquidity[18] - Long-term investments rose to ¥202,136,181.29 from ¥192,843,622.81, indicating a focus on long-term growth strategies[18] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 47,627,572.34, slightly worse than the outflow of CNY 46,146,423.20 in the previous year[6] - Cash generated from financing activities reached ¥219,190,498.74, reflecting an increase in borrowings during the reporting period[14] - The cash flow from financing activities showed a net increase of CNY 219,190,498.74, compared to a net outflow of -CNY 58,361,166.67 in the previous year[32] - The total cash inflow from operating activities was CNY 459,125,797.93, compared to CNY 447,196,035.14 in the previous year, marking an increase of 2.07%[31] Shareholder Information - The number of shareholders reached 47,629 at the end of the reporting period[9] - The largest shareholder, Changchun Gas Holdings Co., Ltd., holds 52.57% of the shares[9] Investment Activities - Cash used in investment activities amounted to -¥98,977,377.19, an increase of -¥33,030,627.31 compared to the previous year, primarily due to fixed asset expenditures[14] - The company spent CNY 98,977,377.19 on capital expenditures, up from CNY 65,946,749.88, reflecting a 50.14% increase in investment activities[31] Financial Ratios - The weighted average return on net assets increased by 0.05 percentage points to 0.12%[6] - Financial expenses surged by 990.2% to ¥5,673,560.59 primarily due to longer borrowing periods for working capital compared to the previous year[13] - Asset impairment losses decreased by 72.97% to ¥3,123,253.95, mainly due to the recovery of long-term receivables during the reporting period[13]

Financial Performance - Operating revenue decreased by 3.9% to CNY 1,221,657,090.28 for the first nine months of the year[8] - Net profit attributable to shareholders of the listed company increased by 3.27% to CNY 10,832,779.51 for the first nine months[8] - The net profit excluding non-recurring gains and losses was CNY 10,015,785.45, a significant improvement from a loss of CNY -27,731,260.90 in the same period last year[15] - Total operating revenue for Q3 2014 was CNY 386,419,381.38, an increase from CNY 376,103,253.96 in Q3 2013, representing a growth of approximately 3.5%[34] - Net profit for Q3 2014 was CNY 928,745.98, a decrease from CNY 6,809,369.08 in Q3 2013, reflecting a decline of approximately 86.4%[36] - Net profit for the first nine months of 2023 was approximately ¥23.97 million, down 22.5% from ¥31.02 million in the same period last year[39] - The total profit for Q3 2023 was approximately ¥4.05 million, a decrease of 54.5% compared to ¥8.93 million in Q3 2022[39] Cash Flow - Net cash flow from operating activities showed a significant decline of 105.46%, resulting in a negative cash flow of CNY -2,719,780.80[8] - Operating cash flow for the first nine months of 2023 was negative at approximately -¥2.72 million, compared to a positive cash flow of ¥49.78 million in the same period last year[42] - Net cash flow from operating activities improved to ¥17,089,112.43, a significant recovery from a negative cash flow of ¥5,478,927.81 in the previous year[46] - Cash received from sales of goods and services was ¥1,080,135,775.86, a slight decrease from ¥1,085,772,749.26 in the previous year[46] - Cash paid for purchasing goods and services decreased to ¥955,029,457.82 from ¥1,038,599,331.10, reflecting cost control measures[46] Assets and Liabilities - Total assets increased by 10.14% to CNY 4,127,976,236.13 compared to the end of the previous year[8] - The company's total liabilities rose to ¥2,206,308,853.00, compared to ¥1,819,317,994.56 at the beginning of the year[28] - The total assets as of September 30, 2014, amounted to CNY 3,865,112,559.79, up from CNY 3,508,455,388.52 at the beginning of the year, marking an increase of about 10.2%[31] - Total liabilities as of September 30, 2014, were CNY 2,064,155,732.18, compared to CNY 1,715,578,625.50 at the beginning of the year, representing an increase of approximately 20.3%[32] Shareholder Information - The total number of shareholders at the end of the reporting period was 59,302[11] - The largest shareholder, Changchun Gas Holdings Co., Ltd., held 52.57% of the shares[12] Investment and Expenses - Investment income increased by 75.09% to ¥16,564,473.00, attributed to higher returns from investments in Changchun Natural Gas Co., Ltd.[18] - Financial expenses decreased by 67.06% to ¥4,728,160.87, primarily due to lower interest expenses on short-term loans[18] - Sales expenses increased to approximately ¥133.51 million for the first nine months of 2023, up 4.4% from ¥128.38 million in the same period last year[38] - The company incurred financial expenses of approximately ¥4.94 million in the first nine months of 2023, a decrease of 66.1% from ¥14.54 million in the same period last year[38] Future Outlook - The company has not disclosed any new product developments or market expansion strategies in this report[13] - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[39]

Financial Performance - The company achieved operating revenue of CNY 835.24 million, a decrease of 6.70% compared to the same period last year[15]. - Net profit attributable to shareholders was CNY 86.42 million, an increase of 86.86% year-on-year[15]. - Basic earnings per share rose to CNY 0.02, doubling from CNY 0.01 in the previous year[15]. - The weighted average return on net assets increased to 0.46%, up by 0.18 percentage points from the previous year[15]. - Operating cash flow turned negative at CNY -103.40 million, a decline of 360.35% compared to the previous year[15]. - The company’s net assets attributable to shareholders decreased slightly by 0.38% to CNY 1.89 billion[15]. - The net profit attributable to the parent company increased due to higher gross margins from core business products[20]. - The revenue from gas sales was approximately 415 million RMB, with a gross margin of 27.98%, an increase of 9.66 percentage points year-on-year[23]. - The revenue from the installation segment was approximately 127 million RMB, with a gross margin of 57.96%, an increase of 2.62 percentage points year-on-year[23]. - The company reported a significant reduction in financial expenses by 89.24% to CNY 1.16 million[19]. Operational Highlights - The company completed the replacement of 47,800 households with natural gas, with a target of 150,000 households for the year[17]. - The company added 50,000 new users, achieving 71% of the annual target[21]. - The gas sales volume reached 135 million cubic meters, completing 60% of the annual plan[21]. - The company completed 78 kilometers of pipeline renovation, which is 52% of the annual target[21]. - The company plans to continue accelerating the replacement of artificial coal gas with natural gas[17]. - The company plans to accelerate the adjustment of its product structure and increase efforts in the vehicle gas market in the second half of the year[21]. Asset and Liability Management - Total assets increased by 1.83% to CNY 3.82 billion compared to the end of the previous year[15]. - Total current assets decreased from CNY 1,091,238,001.33 at the beginning of the year to CNY 1,034,920,810.74, a decline of approximately 5.1%[56]. - Cash and cash equivalents dropped significantly from CNY 383,546,709.67 to CNY 198,739,690.36, representing a decrease of about 48.2%[56]. - Accounts receivable increased from CNY 90,256,715.49 to CNY 154,760,684.73, marking a rise of approximately 71.4%[56]. - Total liabilities increased from CNY 1,819,317,994.56 to CNY 1,895,598,674.71, reflecting a growth of approximately 4.2%[58]. - Short-term borrowings increased from CNY 100,000,000.00 to CNY 150,000,000.00, a rise of 50%[57]. - Total non-current assets grew from CNY 2,656,601,921.70 to CNY 2,781,416,501.12, an increase of about 4.7%[57]. Shareholder and Equity Information - The company distributed a cash dividend of RMB 0.30 per share, totaling RMB 15,888,594.24, based on a total share capital of 529,619,808 shares as of December 31, 2013[34]. - The total number of shares before the change was 529,619,808, with 34,500,000 shares reduced during the period, resulting in a total of 496,019,808 shares after the change[43]. - The largest shareholder, Changchun Gas Holdings Co., Ltd., holds 52.57% of the shares, totaling 278,400,000 shares, with no changes during the reporting period[49]. - The total number of shareholders at the end of the reporting period was 62,859[49]. - The report indicates that there were no changes in the controlling shareholder or actual controller during the reporting period[51]. - The total equity attributable to the parent company at the end of the reporting period was CNY 1,796,796,316.84, an increase from CNY 1,422,469,812.72 at the end of the previous year, representing a growth of approximately 26.4%[80]. Regulatory and Compliance - The company has implemented governance measures in response to regulatory feedback, enhancing its operational compliance and sustainability[40]. - The company has not faced any penalties or administrative actions from the China Securities Regulatory Commission during the reporting period[39]. - There were no significant lawsuits, arbitrations, or media controversies reported during the period[36]. - The company has not undergone any bankruptcy restructuring or significant asset transactions during the reporting period[36]. Investment and Development - The company invested RMB 229.8 million in the new gas distribution network project, achieving a progress rate of 70.07% with a cumulative investment of RMB 161,012,592.58[35]. - The company also allocated RMB 600 million for the high-pressure ring network project, with a progress rate of 18.15% and a cumulative investment of RMB 108,914,937.41[35]. - The company is involved in the research and development of new technologies related to gas utilization and energy services[162]. - The company plans to expand its market presence through the establishment of new subsidiaries, including those focused on distributed energy projects with a registered capital of 3,000 million RMB[162]. Cash Flow and Financial Position - The net cash flow from operating activities decreased primarily due to a reduction in cash received from sales of goods and services[20]. - The total cash inflow from operating activities was 997,008,612.66 RMB, an increase from 950,330,195.01 RMB year-on-year[74]. - Cash outflow from operating activities totaled 1,088,104,322.79 RMB, up from 935,853,498.12 RMB in the previous period[74]. - The ending balance of cash and cash equivalents was 198,739,690.36 RMB, compared to 257,620,761.28 RMB in the previous period[72]. Inventory and Receivables - The company's inventory at the end of the period is valued at CNY 479,977,544.46, with a provision for inventory depreciation of CNY 9,705,151.12[181]. - The aging analysis shows that 60.65% of receivables are within one year, while 34.30% are between one to two years[178]. - The total amount of other receivables is CNY 364,252,741.93, with the largest portion from Changchun Gas Company at CNY 344,326,400.00, accounting for 86.36% of the total[178]. Accounting Policies and Practices - The company’s financial statements comply with the requirements of enterprise accounting standards, ensuring a true and complete reflection of its financial status[93]. - The company does not change its accounting policies or estimates during the reporting period[154]. - The company assesses for asset impairment when there are indications such as significant market value declines or adverse changes in the economic environment[155]. - The company uses the lower of the carrying amount or fair value less costs to sell for measuring held-for-sale assets[153].

Financial Performance - Net profit attributable to shareholders was ¥1,316,883.83, representing a significant decrease of 86.61% year-on-year[10] - Operating revenue for the period was ¥458,884,986.19, down 5.99% from the same period last year[10] - The weighted average return on net assets decreased by 0.63 percentage points to 0.07%[10] - The company reported a net profit guidance indicating no significant changes compared to the previous year[19] - Total operating revenue for Q1 2014 was CNY 458.88 million, a decrease of 6.0% from CNY 488.12 million in the same period last year[29] - Net profit for Q1 2014 was CNY 1.21 million, a decline of 81.8% compared to CNY 6.65 million in Q1 2013[30] - Earnings per share for Q1 2014 were CNY 0.002, down from CNY 0.02 in the previous year[30] Cash Flow - The net cash flow from operating activities was -¥46,146,423.20, a decline of 308.30% compared to the previous year[10] - Cash flow from operating activities showed a net outflow of CNY 46.15 million, compared to a net inflow of CNY 22.15 million in Q1 2013[35] - The net cash flow from operating activities for Q1 2014 was -29,529,906.57 RMB, a decrease from 41,634,714.71 RMB in the same period last year[38] - Total cash inflow from financing activities was 50,000,000.00 RMB, down from 565,174,850.00 RMB in the previous year[39] - The company’s cash flow from financing activities resulted in a net outflow of -58,361,166.67 RMB, compared to a net inflow of 411,533,051.67 RMB in the previous year[39] Assets and Liabilities - Total assets at the end of the reporting period reached ¥3,752,378,858.34, a slight increase of 0.12% compared to the previous year[9] - Current assets decreased to CNY 1.04 billion from CNY 1.09 billion at the beginning of the year, primarily due to a reduction in cash and cash equivalents[21] - Total liabilities stood at CNY 1.82 billion, slightly up from CNY 1.82 billion at the beginning of the year[23] - The company reported a total liability of CNY 1.66 billion, a decrease from CNY 1.72 billion year-over-year[30] - The company's equity attributable to shareholders increased to CNY 1.89 billion from CNY 1.89 billion, showing a marginal growth[23] Shareholder Information - The number of shareholders totaled 62,894 at the end of the reporting period[12] - The largest shareholder, Changchun Gas Holdings Co., Ltd., holds 52.57% of the shares, totaling 278,400,000 shares[13] - The controlling shareholder, Changchun Gas Holdings Co., Ltd., has committed to extend the lock-up period for 24.48 million shares until October 2014, following the completion of the share reform in October 2011[18] - In 2013, the company issued 68.1 million shares, with the controlling shareholder subscribing to 33.6 million shares, committing not to sell or transfer these shares for three years until March 2016[18] Investment Activities - Investment activities resulted in a net cash outflow of CNY 65.95 million, compared to CNY 82.51 million in the same period last year[35] - The company incurred a net cash outflow from investing activities of 58,674,249.52 RMB, compared to a net outflow of 70,143,660.80 RMB in the previous year[39] - Investment income for Q1 2014 was CNY 9.98 million, an increase from CNY 6.13 million in the same period last year[30] Asset Impairment - The company reported a 376.69% increase in asset impairment losses, primarily due to provisions for bad debts[16] - The company experienced a significant increase in asset impairment losses, which rose to CNY 11.55 million from CNY 2.42 million in the previous year[30] Operational Costs - Total operating costs decreased to CNY 464.41 million, down 7.5% from CNY 502.11 million year-over-year[29] - Cash outflow for purchasing goods and services was 345,985,657.43 RMB, slightly down from 369,399,736.95 RMB in the same period last year[38]

Financial Performance - The company's operating revenue for 2013 was CNY 1,749,371,528.38, representing a 1.30% increase compared to CNY 1,726,915,180.31 in 2012[18]. - The net profit attributable to shareholders for 2013 was CNY 38,198,058.43, a significant increase of 268.55% from CNY 10,364,429.01 in 2012[18]. - The basic earnings per share for 2013 was CNY 0.07, up 250.00% from CNY 0.02 in 2012[16]. - The total assets at the end of 2013 were CNY 3,747,839,923.03, reflecting a 27.72% increase from CNY 2,934,513,948.49 at the end of 2012[18]. - The net profit for the year was CNY 36.03 million, up by CNY 32.36 million year-on-year[22]. - The net profit for the year was reported at 38,198,058.43 RMB, with a net profit margin of 41.6%[57]. - The total profit amounted to CNY 43,457,862.70, a significant recovery from a loss of CNY 2,342,278.40 in the previous year[120]. - The net profit for the year was 40,169,883.90 RMB, compared to a net profit of 2,281,580.17 in the previous year[120]. Cash Flow and Financing - The net cash flow from operating activities for 2013 was CNY -17,078,841.00, compared to CNY -5,713,705.01 in 2012[18]. - The cash flow from financing activities was CNY 604.15 million, a significant increase of 250.74% year-on-year[22]. - The company raised CNY 462 million through a private placement to fund natural gas comprehensive utilization projects[19]. - The total cash inflow from financing activities reached 1,065,174,850.00 RMB, significantly higher than 470,000,000.00 RMB in the previous year, reflecting increased financing efforts[127]. - The net cash flow from financing activities was 574,147,968.31 RMB, up from 172,249,208.05 RMB year-over-year, showing improved financial health[127]. Assets and Liabilities - Cash and cash equivalents increased by 159.72% to CNY 383,546,709.67, representing 10.23% of total assets[34]. - Accounts receivable decreased by 42.07% to CNY 19,572,844.00, attributed to a reduction in customers settling payments via notes[35]. - The total current liabilities decreased to CNY 1,276,531,708.84 from CNY 1,498,898,421.48, reflecting a reduction of approximately 14.8%[109]. - The company's long-term investments rose to CNY 182,482,245.22 from CNY 168,163,932.54, indicating an increase of about 8.5%[108]. - The company's total liabilities were CNY 1,290,932,029.12, reflecting its financial obligations[137]. Market and Customer Base - The number of pipeline gas customers exceeded one million, reaching 1.05 million households, with gas sales volume surpassing 300 million cubic meters, marking a historical high[19]. - The gas business revenue increased by CNY 163.27 million, representing a growth of 32.29%[22]. - The company has a market share of over 80% in the urban market, with potential customer resources increasing by over 50,000 households annually[37]. - Revenue from Jilin Province was CNY 1,314,578,952.70, a decrease of 0.21% year-over-year, while revenue from outside Jilin Province was CNY 434,792,575.68, an increase of 6.17%[33]. Investments and Projects - The company completed the replacement of artificial coal gas for 170,000 households as part of the "coal-to-gas" project[19]. - The natural gas replacement project has achieved 68.21% of the planned progress, generating expected returns of CNY 2,638.68 million[43]. - The company plans to replace 100,000 to 150,000 coal gas users with natural gas in 2014, aiming to enhance profitability in the gas sector[51]. - The company has a total funding requirement of approximately CNY 970 million for ongoing projects, including the natural gas replacement project and urban pipeline renovation[52]. Corporate Governance and Management - The board of directors held a total of 8 meetings during the year, with no objections raised by independent directors on any resolutions[103]. - The company has implemented a responsibility system for significant errors in annual report disclosures to ensure the accuracy and completeness of financial information[106]. - The management team includes key figures such as the Chairman Zhang Zhichao and General Manager Liang Yongxiang[86]. - The company has made improvements to its internal control systems and has revised its articles of association to ensure compliance and stability[96]. Employee and Training - The total number of employees in the parent company is 1,835, and the total number of employees in major subsidiaries is 1,031, resulting in a combined total of 2,896 employees[91]. - The company conducted 9,446 hours of training with 42,000 participants in 2013, achieving an average of 60 hours of training per employee[92]. - The company has implemented a dynamic salary system that aligns employee compensation with company performance and industry standards[91]. Legal and Compliance - There were no significant lawsuits, arbitrations, or media disputes reported during the year[59]. - The company has not proposed any cash dividend distribution plans despite having positive undistributed profits[55]. - The independent auditor confirmed the effectiveness of the company's internal control over financial reporting, issuing a standard audit report[106]. Shareholder Structure and Capital - The total number of shares increased from 461,519,808 to 529,619,808 after a non-public issuance of 68.1 million shares, representing a 14.7% increase in total shares[69][70]. - The largest shareholder, Changchun Gas Holdings, holds 52.57% of the shares, totaling 278.4 million shares, with a reduction of 33.6 million shares during the reporting period[79]. - The company has a cash dividend policy that specifies a minimum distribution ratio, which was revised in 2012[54]. - The company’s capital reserve increased by RMB 393,674,850 due to the private placement[76].