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 | ...

Financial Performance - The company's operating revenue for 2017 reached ¥2,972,300,082.82, representing a 72.82% increase compared to ¥1,719,884,685.20 in 2016[20] - Net profit attributable to shareholders for 2017 was ¥858,037,995.64, a 55.67% increase from ¥551,174,052.18 in 2016[20] - The net cash flow from operating activities for 2017 was ¥878,781,745.09, showing a significant increase of 204.26% compared to ¥288,827,670.53 in 2016[20] - Total assets at the end of 2017 amounted to ¥7,052,716,836.47, which is a 105.88% increase from ¥3,425,573,417.72 at the end of 2016[20] - The net assets attributable to shareholders at the end of 2017 were ¥3,908,713,313.66, an increase of 83.14% from ¥2,134,320,586.07 at the end of 2016[20] - Basic earnings per share for 2017 increased by 39.68% to CNY 0.88 compared to CNY 0.63 in 2016[21] - The weighted average return on equity decreased by 0.81 percentage points to 32.13% in 2017 from 32.94% in 2016[21] - Total revenue for the fourth quarter of 2017 reached CNY 1,428,622,341.97, with net profit attributable to shareholders at CNY 479,758,807.70[25] - The cash flow from operating activities for the fourth quarter was CNY 730,330,682.36, showing a significant recovery compared to previous quarters[26] Business Operations - The company operates in the gas sales sector, with a focus on urban pipeline gas business and has obtained operating rights in multiple cities including Langfang and Jingzhou[30] - The company operates in six counties in Hebei Province and has expanded its business to Jingzhou, Hubei Province, marking its first step towards national coverage[33] - The company’s gas pipeline network exceeds 3,800 kilometers, covering over 7 million residents and thousands of commercial users, demonstrating significant regional market scale advantages[38] - The company plans to invest RMB 8-10 billion to construct five gas storage and peak-shaving stations, with a daily peak-shaving capacity of 5 million cubic meters[38] - The company has established a strong partnership with upstream gas suppliers, ensuring a diversified gas supply and enhancing overall supply security[38] - The company is positioned to benefit from national policies promoting clean energy, particularly in the context of coal-to-gas initiatives in the Beijing-Tianjin-Hebei region[36] - The company’s market coverage in the Beijing-Tianjin-Hebei region is high, with few competitors, providing a favorable competitive environment[33] - The company aims for a clean heating rate of 70% in northern regions by 2021, replacing 15 million tons of scattered coal[33] Investments and Acquisitions - The company completed a major asset restructuring in 2016, resulting in a total share capital of 964,157,472 shares, which increased to 1,031,513,793 shares after issuing 67,356,321 shares for asset acquisition in November 2017[22] - The company expanded its operations by acquiring 100% equity of Jingzhou Natural Gas, marking its first step towards national expansion[42] - The company established a joint venture for LNG receiving station investment and construction, enhancing its upstream gas sourcing capabilities[42] - The company acquired 70% equity of Hebei Panrui Energy Technology Co., Ltd., rapidly developing distributed energy projects in hospitals and industrial parks[42] - The company has committed to various investment projects totaling ¥67,336.72 million, with ¥17,001.17 million invested this year and a cumulative investment of ¥32,680.12 million[74] Revenue Growth - Revenue from gas connection services increased by 44.30% year-on-year, primarily due to the expansion of operational scale and a higher number of completed installations[51] - Revenue from gas appliance sales surged by 192.73% year-on-year, mainly driven by the implementation of the "coal-to-gas" project, resulting in a significant increase in the number of installations[51] - Revenue from heating services grew by 47.26% year-on-year, attributed to an increase in heating business volume during the reporting period[51] - Revenue in Hebei region rose by 77.06% year-on-year, due to an increase in gas users and the successful implementation of the "coal-to-gas" project[51] - Revenue in Shaanxi region increased by 64.70% year-on-year, mainly due to higher sales of gas meters and self-closing valves by the subsidiary Xi'an Weistad Instrument Co., Ltd.[51] Financial Management and Governance - The company has committed to maintaining accurate and complete financial reporting as stated by its management[4] - The company has established a clear governance structure to maintain operational independence from other controlled entities[102] - The company has committed to ensuring fair pricing in related transactions with Baichuan Energy, adhering to legal procedures and internal control systems[117] - The company has established a compensation mechanism for any shortfall in share compensation related to the transaction[108] - The company has committed to transparency and will disclose necessary information regarding any related transactions[111] Risks and Compliance - The company has not identified any significant risks that could materially affect its operations during the reporting period[7] - The company faces risks related to policy changes that may affect the gas industry and pricing fluctuations that could impact revenue[85] - The company’s operations are concentrated in specific regions, which poses a risk if user growth and market expansion do not meet expectations[86] - The company has committed to avoiding related party transactions unless necessary, ensuring fair and reasonable pricing in such cases[111] Shareholder Information - The company plans to distribute a cash dividend of ¥4.5 per 10 shares, totaling ¥464,181,206.85, based on a total share capital of 1,031,513,793 shares[5] - In 2017, the company distributed cash dividends of 4.5 RMB per 10 shares, representing 54.10% of the net profit attributable to shareholders[91] - The top ten shareholders hold a total of 63.73% of the company's shares, with the largest shareholder, Langfang Baichuan Asset Management Co., Ltd., owning 37.33%[184] - The number of ordinary shareholders increased from 20,021 to 21,872 during the reporting period[182] Social Responsibility and Environmental Commitment - The company is committed to social responsibility and actively participates in volunteer activities to support vulnerable groups[165] - The company has not faced any environmental penalties or incidents during its operation, emphasizing its commitment to environmental protection[166] - The company is actively involved in the "coal-to-gas" project to support air quality improvement in the Beijing-Tianjin-Hebei region[165] - The company has implemented various environmental protection measures, including noise reduction and wastewater treatment facilities[166]

百川能源股份有限公司 2017 年第三季度报告 1 / 24 | 目录 | | --- | 2017 年第三季度报告 公司代码：600681 公司简称：百川能源 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 11 | 2017 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。 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 单位：元 币种：人民币 项目 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 4,927,866,274.56 3,425,573,417.72 43.86 归属于上市公司 股东的净资产 2,542 ...

2017 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 2017 年半年度报告 重要提示 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）郭淑城 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2017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。 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。 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 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，包括行业政策风险、价格波动风险、气源依赖风 ...