2020 年半年度报告 公司代码：600681 公司简称：百川能源 百川能源股份有限公司 2020 年半年度报告 1 / 158 2020 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 四、 公司负责人王东海、主管会计工作负责人白恒飞及会计机构负责人（会计主管人员）陈学伟 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本公司2020年半年度报告涉及的公司未来计划、发展战略等前瞻性描述不构成公司对投资者 的实质承诺，敬请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 公司已在本报告中详细阐述可能面临的风险，包括行业政策风险、价格管制风险、气源依赖 风险、宏观经济及其他不可抗力风险等，敬请查 ...

2020 年第一季度报告 公司代码：600681 公司简称：百川能源 百川能源股份有限公司 2020 年第一季度报告 1 / 25 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 9 | 2020 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 非经常性损益项目和金额 √适用 □不适用 单位：元 币种：人民币 3 / 25 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年 度末增减(%) 总资产 8,608,360,803.23 9,147,336,331.11 -5.89 归属于上市公司股东 的净资产 4,661,480,199.29 4,516,606,818.31 3.21 年初至报告期末 上年初至上年报告期末 比上年同期增减(%) 经营活动产生的现金 流量净额 -338,128,236.70 -189,265,348.80 -78.65 年初至报告期末 上年初至上年报告期末 比上年同期增减（%） 营业收入 1,506,654,894.76 1,962,871,79 ...

Financial Performance - The company's operating revenue for 2019 was RMB 4,881,558,893.48, representing a 2.71% increase compared to RMB 4,752,571,155.60 in 2018[21] - The net profit attributable to shareholders of the listed company decreased by 27.64% to RMB 728,290,026.53 from RMB 1,006,420,610.02 in the previous year[21] - The net profit after deducting non-recurring gains and losses fell by 31.56% to RMB 671,764,787.49 compared to RMB 981,530,064.84 in 2018[21] - Basic earnings per share decreased by 47.96% to CNY 0.51 in 2019 from CNY 0.98 in 2018[23] - Diluted earnings per share also fell by 47.96% to CNY 0.51 in 2019 compared to CNY 0.98 in 2018[23] - The weighted average return on equity decreased by 7.67 percentage points to 16.49% in 2019 from 24.16% in 2018[23] - The company’s total operating revenue was 4.882 billion yuan, representing a year-on-year growth of 2.71%[46] - Net profit attributable to shareholders was 728 million yuan, a decrease of 27.64% year-on-year[46] - The company’s weighted average return on equity was 16.49%[46] Cash Flow and Assets - Cash flow from operating activities increased by 17.05% to RMB 1,427,413,140.75 from RMB 1,219,450,748.98 in the previous year[21] - Total assets at the end of 2019 were RMB 9,147,336,331.11, a 2.84% increase from RMB 8,895,140,082.40 at the end of 2018[21] - The net cash flow from operating activities in Q4 2019 was CNY 1,002,149,703.72, showing a significant recovery from negative cash flow in Q1 2019[27] - The net cash flow from operating activities increased to ¥1,427,413,140.75, representing a year-on-year growth of 17.05% compared to ¥1,219,450,748.98[65] - The net cash flow from investing activities improved significantly, with a reduction in outflow to -¥640,744,396.35, a 64.48% decrease from -¥1,803,774,436.85 in the previous year[65] - Cash and cash equivalents at the end of the period amounted to ¥1,347,139,967.49, accounting for 14.73% of total assets, up 51.21% from the previous period[67] Dividends and Share Repurchase - The company plans to distribute a cash dividend of RMB 4.25 per 10 shares (including tax) based on the profit distribution plan for 2019[5] - The company repurchased 23,819,361 shares as part of a buyback plan with a budget between CNY 200 million and CNY 400 million[25] - The company completed the repurchase of 23,819,361 shares at a total cost of RMB 200,983,501, in line with the disclosed repurchase plan[168] - The company plans to repurchase shares with a total amount not less than RMB 150 million and not exceeding RMB 300 million from February 3, 2020, to February 2, 2021[169] Risks and Compliance - The company has outlined potential risks including industry policy risks, price control risks, and macroeconomic risks in its report[7] - The company emphasizes that forward-looking statements regarding future plans and strategies do not constitute a commitment to investors[6] - The company confirmed no competitive relationship existed with the controlling shareholder prior to the equity change, and measures were taken to avoid potential competition post-change[105] - The company guarantees the authenticity, accuracy, and completeness of the information provided during the major asset restructuring, assuming legal responsibility for any misrepresentation[107] - The company has committed to ensuring compliance with tax obligations and will bear any penalties for non-compliance[110] Acquisitions and Market Expansion - The company completed the acquisition of Zhuolu Gas and Suizhong Pipeline, enhancing its overall development[38] - The company is actively seeking quality urban gas projects for external mergers and acquisitions to expand its national footprint[44] - The company has acquired 100% equity of Zhuolu Gas and Suizhong Pipeline through cash purchase and sold all equity of its holding in the Guoyang Dahua refined oil sales company through equity transfer during the reporting period[86] - The company is focusing on expanding its market presence in the natural gas sector, with a significant increase in urban gas consumption projected to grow by approximately 15%[72] Environmental and Social Responsibility - The company emphasizes its commitment to providing clean energy and enhancing infrastructure for gas supply, contributing to air quality improvement[170] - The company has implemented environmental protection measures including noise reduction and waste management systems[172] - The company has maintained a focus on social responsibility, ensuring employee rights and promoting a culture of care[170] Shareholder Information - The largest shareholder, Langfang Baichuan Asset Management Co., Ltd., holds 512,608,484 shares, representing 35.53% of total shares[187] - The second-largest shareholder, Cao Fei, owns 195,172,726 shares, accounting for 13.53%[187] - The third-largest shareholder, Wang Donghai, has 177,450,696 shares, which is 12.30% of total shares[187] - The company’s total ordinary shares increased by 411,226,517 shares due to the capital reserve conversion, reflecting a 28.5% increase in total share capital[183] Future Outlook - The company aims to achieve a revenue target of 5.6 billion RMB and a net profit of 800 million RMB for 2020[92] - The company plans to continue its strategy of external mergers and acquisitions, focusing on high-quality urban gas projects to enhance its national layout[93] - The company is committed to deepening its existing operational areas and improving management efficiency through various measures[94] - The company will explore new fields such as renewable energy and new industries to find new growth points[89]

2019 年第三季度报告 公司代码：600681 公司简称：百川能源 百川能源股份有限公司 2019 年第三季度报告 1 / 30 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 11 | 2019 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人王东海、主管会计工作负责人白恒飞及会计机构负责人（会计主管人员）白恒飞 保证季度报告中财务报表的真实、准确、完整。 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 30 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 8,660,004,012.34 8,895,140,082.40 -2.64 归属于上市公司 股东的净资产 4 ...

2019 年半年度报告 公司代码：600681 公司简称：百川能源 百川能源股份有限公司 2019 年半年度报告 1 / 163 四、 公司负责人王东海、主管会计工作负责人白恒飞及会计机构负责人（会计主管人员）白恒飞 声明：保证半年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 无 六、 前瞻性陈述的风险声明 √适用 □不适用 本公司2019年半年度报告涉及的公司未来计划、发展战略等前瞻性描述不构成公司对投资者 的实质承诺，敬请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 2019 年半年度报告 重要提示 一、 本公司董事会、监事会及董事、监事、高级管理人员保证半年度报告内容的真实、准确、完 整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和连带的法律责任。 二、 公司全体董事出席董事会会议。 三、 本半年度报告未经审计。 否 八、 是否存在违反规定决策程序对外提供担保的情况？ 否 九、 重大风险提示 报告期内，不存在对公司生产经营产生实质性影响的特别重大风险。公司已在本报告中详细 阐述公司在生产经营过程中可能面临的风险，包 ...

2019 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 公司代码：600681 公司简称：百川能源 百川能源股份有限公司 2019 年第一季度报告 1 / 26 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 7 | | 四、 | 附录 10 | 2019 年第一季度报告 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | --- | --- | --- | --- | | | | | 减(%) | | 总资产 | 8,749,066,299.75 | 8,895,140,082.40 | -1.64 | | 归属于上市公司 | 4,254,871,770.74 | 4,482,415,529.58 | -5.08 | | 股东的净资产 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | 经营活动产生的 | -189,265,348.80 | 17,513,836.14 | -1,180.66 | | 现金流量净额 | | ...

2018 年年度报告 公司代码：600681 公司简称：百川能源 百川能源股份有限公司 2018 年年度报告 1 / 284 2018 年年度报告 重要提示 三、 立信会计师事务所（特殊普通合伙）为本公司出具了标准无保留意见的审计报告。 四、 公司负责人王东海、主管会计工作负责人白恒飞及会计机构负责人（会计主管人员）刘青声 明：保证年度报告中财务报告的真实、准确、完整。 五、 经董事会审议的报告期利润分配预案或公积金转增股本预案 经公司第九届董事会第二十九次会议审议通过，根据公司经营业绩，为实现股东投资回报， 2018年度利润分配预案和资本公积转增股本预案为：拟以公司2018年度利润分配方案实施时股权 登记日的总股本为基数，每10股派发现金红利人民币5元（含税），同时以资本公积转增股本，每 10股转增4股。本次利润分配预案尚需提交公司2018年度股东大会审议。 六、 前瞻性陈述的风险声明 √适用 □ 不适用 本公司2018年年度报告涉及的公司未来计划、发展战略等前瞻性描述不构成公司对投资者的 实质承诺，敬请投资者注意投资风险。 七、 是否存在被控股股东及其关联方非经营性占用资金情况 否 八、 是否存在违反规定 ...

2018 年第三季度报告 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 10 | 2018 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人王东海、主管会计工作负责人白恒飞及会计机构负责人（会计主管人员）郭淑城 保证季度报告中财务报表的真实、准确、完整。 公司代码：600681 公司简称：百川能源 百川能源股份有限公司 2018 年第三季度报告 1 / 22 | 目录 | | --- | 1.4 本公司第三季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 3 / 22 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上 年度末增减(%) 总资产 8,358,129,399.46 7,052,716,836.47 18.51 归属于上市公司股东的 净资产 4 ...

Financial Performance - The company's operating revenue for the first half of 2018 reached RMB 2,281,957,302.94, representing a 169.20% increase compared to RMB 847,690,720.42 in the same period last year[20]. - The net profit attributable to shareholders of the listed company was RMB 502,322,326.96, up 175.91% from RMB 182,060,743.39 in the previous year[20]. - The net cash flow from operating activities was RMB 106,941,810.31, a significant improvement of 267.89% compared to a negative cash flow of RMB 63,696,355.33 in the same period last year[20]. - The basic earnings per share increased to RMB 0.49, reflecting a 157.89% rise from RMB 0.19 in the previous year[22]. - The weighted average return on net assets rose to 12.28%, an increase of 4.14 percentage points from 8.14% in the same period last year[22]. - The company reported a net profit after deducting non-recurring gains and losses of RMB 452,298,453.55, which is a 148.75% increase from RMB 181,826,361.43 in the same period last year[20]. - The diluted earnings per share also stood at RMB 0.49, consistent with the basic earnings per share, indicating strong profitability growth[22]. - The company achieved operating revenue of CNY 2.28 billion, a year-on-year increase of 169.20%[40]. - Net profit attributable to shareholders reached CNY 502 million, reflecting a growth of 175.91% compared to the previous year[40]. - The company reported a significant increase in sales expenses, which rose to CNY 34,261,882.28 from CNY 15,624,107.82, an increase of about 119.5%[131]. - The company reported a net profit margin of 12%, up from 10% in the previous quarter, indicating improved operational efficiency[184]. Assets and Liabilities - The total assets at the end of the reporting period were RMB 6,628,979,310.50, a decrease of 6.01% from RMB 7,052,716,836.47 at the end of the previous year[20]. - The total liabilities reached CNY 191,231,041.17, compared to CNY 10,281,942.60 at the beginning of the year, indicating a substantial increase[129]. - The company's total liabilities decreased by 266.12 million, showcasing improved financial stability[146]. - The company's cash and cash equivalents decreased from CNY 1,244,655,653.77 to CNY 841,171,267.46, a decline of approximately 32.5%[121]. - Current liabilities decreased from CNY 2,563,278,303.04 to CNY 1,811,038,957.57, a decrease of about 29.3%[123]. - Non-current liabilities increased from CNY 573,680,891.99 to CNY 838,785,621.01, an increase of approximately 46.4%[123]. Market Expansion and Strategy - The company is actively expanding its market through acquisitions, including the planned acquisition of Fuyang Guozhen Gas Co., which will extend its operations into Anhui province[33]. - The company has obtained gas distribution rights in multiple cities, including Langfang, Tianjin, and Jingzhou, indicating a strong market presence in Hebei province[28]. - The company is positioned in a high-growth area, benefiting from the Beijing-Tianjin-Hebei coordinated development strategy, which is expected to increase natural gas demand[34]. - The company is committed to diversifying its operations and transitioning from a regional gas operator to a nationwide clean energy service provider[34]. - The company has established a 70% stake in Hebei Panrui Energy Technology Co., rapidly deploying distributed energy projects in hospitals and industrial parks[35]. - The company is expanding its market presence in Asia, targeting a 30% increase in sales in that region by the end of 2024[181]. - A strategic acquisition of a smaller tech firm was completed, expected to enhance product offerings and contribute an additional $50 million in annual revenue[182]. Regulatory and Compliance - The company has committed to maintaining operational independence and avoid conflicts of interest following changes in shareholding[59]. - The company has engaged professional service providers for auditing, evaluation, and legal advice related to significant asset restructuring[61]. - The company has committed to ensuring the accuracy and completeness of the information disclosed during the major asset restructuring[62]. - The company has pledged not to engage in any transactions that would unfairly benefit related parties over third parties[66]. - The company has confirmed that it does not produce or develop any competing products with its listed assets[66]. - The company has not been subject to any criminal investigations or administrative penalties in the last three years, ensuring a clean compliance record[79]. Investment and Financing - The company expanded its gas supply sources by investing CNY 3.5 billion in the construction of the Suizhong LNG receiving station, with an annual turnover capacity of 2.6 million tons[37]. - The company reported a total cash outflow from operating activities of 2,020,169,218.57 RMB, which increased from 1,085,300,634.29 RMB in the previous period[138]. - The company received 400,000,000.00 RMB from other investment activities, which was slightly up from 390,000,000.00 RMB in the previous period[138]. - The company paid 462,465,680.31 RMB in dividends and interest, a significant increase from 5,428,738.19 RMB in the prior period[141]. Human Resources and Management - The company has implemented employee stock ownership and incentive plans to enhance management responsibility and commitment to sustainable development[38]. - There is a growing risk of talent shortages as the company expands, necessitating improvements in human resource management and incentive mechanisms to retain key personnel[54]. Environmental and Social Responsibility - The company has implemented environmental protection measures, including noise reduction and wastewater treatment facilities, to mitigate operational impacts[104]. - The company has not faced any environmental administrative penalties or incidents during its operational period[103]. Future Outlook - The company provided guidance for Q3 2023, expecting revenue to be between $520 million and $550 million, representing a growth of 4% to 10%[179]. - The company plans to implement a new cost-reduction strategy aimed at saving $10 million annually, enhancing overall profitability[180].

2018 年第一季度报告 公司代码：600681 公司简称：百川能源 百川能源股份有限公司 2018 年第一季度报告 1 / 19 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 9 | 2018 年第一季度报告 一、 重要提示 二、 公司基本情况 2.1 主要财务数据 单位：元 币种：人民币 | | 本报告期末 | 上年度末 | 本报告期末比上年度 末增减(%) | | | --- | --- | --- | --- | --- | | 总资产 | 6,763,003,181.83 | 7,052,716,836.47 | | -4.11 | | 归属于上市公司股东 | 4,205,389,366.64 | 3,908,713,313.66 | | 7.59 | | 的净资产 | | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | | 经营活动产生的现金 | 17,513,836.14 | -52,363,939.83 | | 133.45 | | 流量净额 | ...