深圳燃气 2015 年第一季度报告 公司代码：601139 公司简称：深圳燃气 深圳市燃气集团股份有限公司 2015 年第一季度报告 1 / 19 | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司主要财务数据和股东变化 | 3 | | 三、 | 重要事项 | 6 | | 四、 | 附录 | 9 | 深圳燃气 2015 年第一季度报告 一、 重要提示 二、 公司主要财务数据和股东变化 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 / 19 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 14,117,519,329.97 13,261,675,829.68 6.45 归属于上市公司股 东的净资产 5,547,039,612.40 5,429,218,686.93 2.17 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 -79,479,312.82 228,244,429.29 -134.82 每股经营活动产生 的现金流量净额（ 元/股） ...

Financial Performance - The company's operating revenue for 2014 was CNY 9,530,873,495.52, representing an increase of 11.15% compared to CNY 8,574,549,940.63 in 2013[23] - The operating profit for 2014 reached CNY 911,908,678.61, up by 13.45% from CNY 803,804,256.89 in the previous year[23] - The total profit for the year was CNY 928,883,411.44, a slight decrease of 0.79% from CNY 936,248,234.94 in 2013[23] - The net profit attributable to shareholders was CNY 721,129,885.11, reflecting a growth of 2.00% compared to CNY 707,010,641.07 in 2013[23] - The basic earnings per share for 2014 was CNY 0.36, unchanged from 2013[32] - The weighted average return on equity after deducting non-recurring gains and losses was 13.62%[32] - The company reported a net profit increase, with retained earnings growing to CNY 1.80 billion from CNY 1.43 billion, reflecting a growth of about 26.4%[192] - Net profit for the year was CNY 732,232,294.56, slightly up from CNY 726,645,743.74, indicating a growth of 0.8%[197] Assets and Liabilities - The company's total assets increased by 9.78% to CNY 13,261,675,829.68 from CNY 12,080,621,392.98 in the previous year[23] - The total liabilities rose by 9.85% to CNY 7,495,089,804.17, compared to CNY 6,822,955,874.22 in 2013[23] - The company's debt-to-asset ratio was 56.52%, slightly up from 56.48% in the previous year[23] - The company's total assets decreased to CNY 10,097,757,264.25 from CNY 10,263,619,729.89, a decline of 1.6%[195] - Total liabilities decreased to CNY 4,989,065,711.97 from CNY 5,491,773,983.53, a reduction of 9.1%[195] - Total equity attributable to shareholders reached CNY 5.43 billion, up from CNY 4.98 billion, marking an increase of around 9.1%[192] Cash Flow - The company's net cash flow from operating activities was CNY 1,122,697,876.37, down by 13.18% from CNY 1,293,155,945.14 in 2013[23] - The company's cash flow from operating activities showed a significant increase, primarily due to government subsidies and increased deposits[41] - Cash and cash equivalents decreased to CNY 2.11 billion from CNY 2.98 billion, a decline of approximately 29.1%[190] Investments and Expenditures - The company’s investment activities resulted in a net cash outflow of CNY 2.45 billion, a significant increase in outflow compared to CNY 702 million in the previous year[34] - The total investment amount during the reporting period was CNY 16,463.20 million, representing a 57.69% increase from the previous year's investment of CNY 10,440.20 million[63] - The company is investing 200 million RMB in technology upgrades to improve service delivery and reduce operational costs[145] Market and Sales - The natural gas sales revenue was CNY 4.99 billion, up 9.02% from CNY 4.58 billion in the previous year[35] - The total natural gas sales volume reached 1.522 billion cubic meters, a year-on-year increase of 10.13%[35] - The company achieved a natural gas sales volume of 1.55 billion cubic meters, completing 98% of its annual target, with a 10.13% increase from 1.38 billion cubic meters in the previous year[46] - The company reported a total sales revenue of 2.77 billion RMB, a year-on-year increase of 14.15%, with a net profit of 10.52 million RMB[54] - The company’s revenue from Guangdong province increased by 1.84% to approximately 6.58 billion RMB, while revenue from outside Guangdong surged by 46.13%[56] Dividends and Shareholder Information - The company plans to distribute a cash dividend of CNY 1.43 per 10 shares to all shareholders, subject to approval at the annual general meeting[2] - The company plans to distribute a cash dividend of 1.43 RMB per 10 shares for the 2014 fiscal year, which represents 39.28% of the net profit attributable to shareholders[85] - The largest shareholder is Shenzhen State-owned Assets Supervision and Administration Commission, holding 1,010,029,500 shares, which accounts for 51.00% of total shares[125] Governance and Management - The company has a strong governance structure, having introduced well-known enterprises as strategic investors to optimize its shareholder structure[62] - The company has established a long-term incentive mechanism by granting stock options to 68 middle and senior management personnel[62] - The company continues to focus on enhancing its governance structure and management efficiency[138] - The company has implemented a stock option incentive plan and established a standardized performance evaluation and incentive mechanism for senior management[173] Future Outlook and Strategy - The company aims to expand its market by focusing on pipeline gas as the main business, while also engaging in wholesale and retail of liquefied petroleum gas[74] - The company plans to accelerate the transformation from a city gas operator to a clean energy operator, enhancing its core competitiveness through innovation in technology, management, and business models[74] - The company is actively pursuing mergers and acquisitions to facilitate cross-regional expansion and enhance its market presence[74] - The company has set a performance guidance of 1.65 billion RMB in revenue for the next fiscal year, reflecting a 10% increase[145] Social Responsibility and Sustainability - The company has been actively fulfilling its social responsibility since 2011, publicly disclosing its social responsibility report[86] - The management team emphasized the importance of sustainability initiatives, targeting a 20% reduction in carbon emissions by 2025[145] Risks and Challenges - The company faces risks from slow economic recovery, which may lead to lower-than-expected gas demand growth and challenges in expanding pipeline natural gas sales[81] - The company is positioned to benefit from favorable policies promoting clean energy and natural gas applications, creating significant strategic development opportunities[80]

Financial Performance - Operating revenue for the first nine months rose by 14.31% to CNY 7,105,413,576.92 year-on-year[10] - Net profit attributable to shareholders increased by 16.42% to CNY 578,996,153.80 compared to the same period last year[10] - Basic earnings per share decreased by 3.33% to CNY 0.29[10] - The weighted average return on equity decreased by 2.27 percentage points to 11.31%[10] - Net profit for the first nine months of 2014 was CNY 610,090,833.00, representing a year-on-year increase of 16.5%[42] - Total profit for the first nine months of 2014 was CNY 740,747,806.58, compared to CNY 780,654,282.60 for the same period in 2013, indicating a decrease of 5.12%[44] - Net profit for Q3 2014 reached CNY 140,473,899.23, representing a 59.93% increase from CNY 87,840,142.25 in the same period last year[44] - Total comprehensive income for Q3 2014 was CNY 140,473,899.23, compared to CNY 87,840,142.25 in Q3 2013, reflecting a growth of 59.93%[44] Assets and Liabilities - Total assets increased by 7.95% to CNY 13,040,721,834.97 compared to the end of the previous year[9] - Total assets as of September 30, 2014, amounted to CNY 10,108,037,165.71, a decrease from CNY 10,263,619,729.89 at the beginning of the year[39] - Total liabilities were CNY 5,137,268,566.77, down from CNY 5,491,773,983.53 at the start of the year, indicating a reduction in financial leverage[39] - The company's equity attributable to shareholders increased to CNY 4,970,768,598.94 from CNY 4,771,845,746.36, showing a growth in shareholder value[39] Cash Flow - Cash flow from operating activities decreased by 2.89% to CNY 812,754,836.77[9] - Cash inflow from financing activities totaled CNY 3,681,942,852.42, a decrease from CNY 3,862,090,311.64 year-over-year, showing a decline of about 4.7%[54] - The net cash flow from financing activities was negative at CNY -17,351,698.07, compared to CNY -69,733,924.63 in the previous year, indicating an improvement[54] - Cash inflow from investment activities was CNY 280,152,707.21, significantly lower than CNY 796,889,606.38 in the previous year, indicating a decrease of about 64.8%[54] - Cash and cash equivalents decreased to CNY 1,191,876,300.74 from CNY 2,053,734,439.48 at the beginning of the year, reflecting a cash outflow[38] - The ending cash and cash equivalents balance was CNY 2,478,797,363.01, compared to CNY 1,661,510,152.71 at the end of the same period last year, representing an increase of approximately 49.2%[54] Sales and Revenue - Natural gas sales volume reached 1.128 billion cubic meters, a 9.20% increase from 1.033 billion cubic meters in the previous year, with power plant sales increasing by 14.29%[20] - The company's liquid petroleum gas wholesale sales revenue was RMB 215,772,000, up 25.23% from RMB 172,304,000 in the previous year[20] - Total operating revenue for Q3 2014 reached CNY 2,481,015,799.88, an increase of 15.7% compared to CNY 2,144,922,381.39 in Q3 2013[42] - Total operating costs for Q3 2014 were CNY 2,311,098,410.43, up 14.5% from CNY 2,017,926,851.84 in the same period last year[42] Shareholder Information - The number of shareholders reached 33,247 by the end of the reporting period[14] - The largest shareholder, Shenzhen Municipal Government, holds 51.00% of the shares[14] - The company's minority shareholder profit increased by 86.31% to RMB 12,654,953.21 from RMB 6,792,414.89 year-over-year[20] Investments and Projects - The company received government subsidies of RMB 179,830,000 for circular economy and energy-saving projects[21] - The company reported a decrease in cash received from investment activities due to reduced loan business by a subsidiary[22] - The company’s investment cash outflow decreased due to a reduction in external equity investments compared to the previous year[22] Internal Control and Compliance - The company completed internal control testing and evaluation for 12 subsidiaries, enhancing risk management capabilities[23] - The company is focused on improving its internal control systems and risk assessment standards across various operational areas[23] - The company’s actual controller has adhered to commitments made regarding non-competition since May 2008, ensuring compliance[24]

Financial Performance - The company's operating revenue for the first half of 2014 was CNY 4,624,397,777.04, representing a 13.59% increase compared to CNY 4,071,100,724.97 in the same period last year[17]. - The net profit attributable to shareholders decreased by 11.88% to CNY 443,295,811.91 from CNY 503,044,007.59 year-on-year[17]. - The total profit amounted to 558 million yuan, a year-on-year decrease of 14.32%, while the net profit attributable to shareholders was 443 million yuan, down 11.88%[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 441 million yuan, an increase of 8.82% year-on-year, driven by the growth in pipeline natural gas sales[22]. - The basic earnings per share decreased by 12.00% to CNY 0.22 from CNY 0.25 in the same period last year[18]. - The weighted average return on net assets decreased by 2.82 percentage points to 8.59% compared to 11.41% in the previous year[18]. - The company reported a net profit of RMB 4,463 million, indicating a robust financial performance in the first half of 2014[188]. Cash Flow - The net cash flow from operating activities increased significantly by 79.54% to CNY 744,991,536.51 compared to CNY 414,936,872.60 in the previous year[17]. - The company's cash flow from operating activities increased by 79.54% to 744.99 million yuan, mainly due to increased sales revenue from pipeline natural gas[25]. - The net cash flow from operating activities for the first half of 2014 was CNY 218,652,283.94, an increase of 82.2% compared to CNY 119,960,201.34 in the same period last year[93]. - The company's cash and cash equivalents decreased to CNY 2,888,034,950.50 from CNY 2,981,047,245.20, a decline of about 3.11%[81]. - The ending cash and cash equivalents balance was CNY 1,450,425,560.36, compared to CNY 648,616,203.16 at the end of the previous period[93]. Assets and Liabilities - The total assets of the company at the end of the reporting period were CNY 12,787,376,623.41, a 5.85% increase from CNY 12,080,621,392.98 at the end of the previous year[17]. - Total liabilities reached CNY 7,309,348,023.11, compared to CNY 6,822,955,874.22 at the start of the year, representing a rise of approximately 7.14%[82]. - The company's total equity as of June 30, 2014, was CNY 5,478,028,600.30, up from CNY 5,257,665,518.76, representing an increase of about 4.18%[82]. - Current assets totaled CNY 4,107,724,405.58, up from CNY 3,860,483,343.36, indicating an increase of about 6.93%[81]. - The non-current assets totaled CNY 8,679,652,217.83, an increase from CNY 8,220,138,049.62, reflecting a growth of approximately 5.57%[81]. Market and Sales Performance - The company sold 719 million cubic meters of natural gas, achieving 46.39% of the annual target of 1.55 billion cubic meters, with a year-on-year increase of 7.63%[27]. - The company’s liquefied petroleum gas sales volume was 288,000 tons, achieving 72% of the annual target of 400,000 tons[27]. - The wholesale volume of liquefied petroleum gas (LPG) reached 241,100 tons, a year-on-year increase of 20.55%, with sales revenue of 1.404 billion yuan, up 25.02%[33]. - Revenue from operations in Guangdong Province was approximately 3.27 billion yuan, a slight increase of 0.01%, while revenue from outside Guangdong surged by 63.79% to approximately 812.61 million yuan[34]. - The apparent consumption of natural gas in China for the first half of 2014 was 88.7 billion cubic meters, a year-on-year increase of only 8.9%[21]. Investments and Projects - The company has initiated two new gas investment projects, focusing on natural gas procurement and pipeline construction in Shenzhen and Jiangxi Province[32]. - The total investment during the reporting period was 76.03 million yuan, reflecting an increase of 18.06% compared to the previous year[39]. - The company has invested RMB 30 million in the construction and management of natural gas facilities and pipeline projects in Huangshan City[188]. - The company is actively investing in the construction of urban gas supply systems and related infrastructure to enhance service delivery[187]. - The company has established a liquefied petroleum gas base and related facilities with an investment of RMB 29.71 million, generating a revenue of RMB 400 million[192]. Shareholder and Equity Information - The company approved a profit distribution plan on May 30, 2014, distributing cash dividends of RMB 1.43 per 10 shares to all shareholders, based on a total share capital of 1,980,456,261 shares[47]. - The total number of shareholders at the end of the reporting period was 36,121[71]. - The largest shareholder, Shenzhen Municipal People's Government, holds 51.00% of the shares, totaling 1,010,029,500 shares[71]. - The total number of restricted shares at the beginning of the period was 75,870,735, with no changes during the reporting period[71]. - The company has not faced any administrative penalties or public reprimands from the China Securities Regulatory Commission during the reporting period[58]. Risk Management and Compliance - The company has implemented a robust internal control system, covering major risk areas and core business processes, to ensure effective risk management and compliance[66]. - The company has established a risk management culture by enhancing employee awareness of risk control through regular updates on significant risk events[68]. - The company has no major litigation, arbitration, or media disputes during the reporting period[50]. - The company has committed to avoiding any form of competition with Shenzhen Gas in the same region since May 20, 2008[57]. Accounting Policies and Financial Reporting - The financial statements comply with the accounting standards and accurately reflect the company's financial position as of June 30, 2014[112]. - The company uses the historical cost basis for financial reporting, with impairment provisions made as necessary[111]. - The company recognizes goodwill in business combinations, which is tested for impairment at least annually[117]. - The company regularly reviews key assumptions and estimates related to accounting policies, which may significantly affect the carrying amounts of assets and liabilities in future periods[182]. - The corporate income tax rate applicable to the company and its subsidiaries in Shenzhen for 2014 is 25%, consistent with the previous year[185].

Financial Performance - Operating revenue for the first quarter was CNY 2,188,642,707.25, representing a year-on-year increase of 17.53%[11] - Net profit attributable to shareholders of the listed company decreased by 34.52% to CNY 145,250,100.76[11] - Basic earnings per share decreased by 36.36% to CNY 0.07[11] - The company's net profit attributable to shareholders decreased by 34.52% to CNY 145,250,100.76 in Q1 2014 compared to CNY 221,808,590.39 in Q1 2013[20] - Net profit for Q1 2014 was CNY 150,278,251.87, down 33.1% from CNY 224,675,386.41 in Q1 2013[35] - Total operating revenue for Q1 2014 was CNY 2,188,642,707.25, an increase of 17.5% compared to CNY 1,862,234,829.10 in the same period last year[34] - Total operating costs for Q1 2014 were CNY 1,990,930,912.24, representing a 18.4% increase from CNY 1,681,017,016.38 in the previous year[34] - Operating profit for Q1 2014 was CNY 195,315,749.75, a slight increase from CNY 180,710,237.36 in Q1 2013[34] - The company reported a total profit of CNY 196,305,560.17 for Q1 2014, down from CNY 302,916,514.61 in Q1 2013[34] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,029,356,915.54, a decrease of 0.42% compared to the end of the previous year[11] - The company's total liabilities decreased to CNY 6,587,595,064.90 from CNY 6,822,955,874.22, indicating a reduction in financial obligations[30] - Current assets totaled CNY 3,579,880,139.04, down from CNY 3,860,483,343.36, showing a decline of about 7.3%[29] - The company's cash and cash equivalents decreased to CNY 2,686,089,236.71 from CNY 2,981,047,245.20, a reduction of approximately 9.9%[29] - Short-term borrowings increased to CNY 2,210,814,936.50 from CNY 2,064,213,249.62, representing an increase of about 7.1%[30] - The accounts receivable rose to CNY 363,894,542.18 from CNY 305,749,650.45, indicating an increase of approximately 19.0%[29] - The total non-current liabilities decreased to CNY 1,780,953,876.74 from CNY 1,896,858,765.33, indicating a reduction of about 6.1%[30] Cash Flow - Cash flow from operating activities was CNY 228,244,429.29, down 15.42% from the same period last year[11] - Cash received from sales of goods and services increased by 23.49% to CNY 2,439,997,164.62 in Q1 2014 compared to CNY 1,975,915,513.12 in Q1 2013[22] - Cash paid for purchasing goods and services increased by 34.35% to CNY 1,812,278,424.97 in Q1 2014 from CNY 1,348,896,318.76 in Q1 2013[22] - The net cash flow from investment activities was -162,270,746.58 CNY, compared to -86,183,290.59 CNY in the previous period, indicating a significant increase in cash outflow for investments[44] - Cash inflow from financing activities totaled 511,000,000.00 CNY, while cash outflow was 915,076,568.52 CNY, resulting in a net cash flow of -404,076,568.52 CNY from financing activities[44] - The net increase in cash and cash equivalents was -644,524,417.16 CNY, contrasting with a positive increase of 293,145,225.45 CNY in the previous period[45] - The ending balance of cash and cash equivalents was 1,409,210,022.32 CNY, down from 2,053,734,439.48 CNY at the beginning of the period[45] Shareholder Information - The total number of shareholders at the end of the reporting period was 36,988[13] - The largest shareholder, Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, holds 51.00% of shares[13] Operational Changes - Significant changes in financial indicators were attributed to increases in accounts receivable and prepayments, as well as a rise in tax liabilities due to increased profit[17] - The company plans to enhance its internal control system and has developed new management regulations to improve business processes[23] - The company has committed to avoiding any form of competition with its major shareholders and has adhered to this commitment without violations[25] Inventory and Expenses - Inventory decreased by 29.72% to CNY 215,911,939.57 as of March 31, 2014, from CNY 307,215,250.09 at the end of 2013[19] - Sales tax and additional charges increased by 33.65% to CNY 11,406,371.00 in Q1 2014 compared to CNY 8,534,781.45 in Q1 2013[19] - Sales expenses rose by 21.86% to CNY 176,714,846.48 in Q1 2014 from CNY 145,020,480.94 in Q1 2013[19] - The company reported a significant decrease of 98.90% in non-operating income to CNY 1,361,161.95 in Q1 2014 from CNY 124,223,720.22 in Q1 2013[19]

Financial Performance - The company's operating revenue for 2013 was CNY 8,574,549,940.63, a decrease of 4.39% compared to CNY 8,967,881,710.66 in 2012[22] - Operating profit increased by 20.37% to CNY 803,804,256.89 in 2013, up from CNY 667,776,076.07 in 2012[22] - The total profit for 2013 was CNY 936,248,234.94, reflecting a 35.37% increase from CNY 691,615,965.28 in the previous year[22] - Net profit attributable to shareholders rose by 33.80% to CNY 707,010,641.07, compared to CNY 528,400,721.20 in 2012[22] - The basic earnings per share increased to CNY 0.36, up 33.33% from the previous year[31] - The company's net profit for the reporting period was approximately 21.46 million yuan, despite challenges in the liquefied petroleum gas segment[46] - The company's net profit attributable to shareholders for 2013 was 707,010,641.07 CNY, with a cash dividend payout ratio of 40.06%[82] Cash Flow and Assets - The net cash flow from operating activities surged by 109.62% to CNY 1,293,155,945.14, compared to CNY 616,905,221.45 in 2012[22] - The company's cash and cash equivalents increased by 69.73% to approximately 2.981 billion yuan, primarily due to the issuance of convertible bonds[50] - The company's cash and cash equivalents reached CNY 2,981,047,245.20, up from CNY 1,756,318,249.47, indicating a growth of approximately 69.5%[170] - The ending cash and cash equivalents balance increased to ¥2,846,783,245.20 from ¥1,251,410,575.45, marking a growth of approximately 128%[185] Liabilities and Equity - Total liabilities increased by 31.41% to CNY 6,822,955,874.22, up from CNY 5,192,046,804.94 in 2012[22] - The asset-liability ratio increased to 56.48%, up from 53.64% in 2012, indicating a rise of 2.84 percentage points[22] - The total equity attributable to shareholders increased to CNY 4,980,303,549.18 from CNY 4,195,086,670.02, marking an increase of around 18.7%[171] - The total owner's equity increased to CNY 4,771,845,746.36 from CNY 4,045,121,719.29, reflecting a growth of 18.0%[175] Investments and Capital Structure - The total investment amount for the reporting period was RMB 10,440.20 million, a decrease of 28.63% compared to the previous year's investment of RMB 14,628.00 million[56] - The company invested ¥1.64 billion in new high-pressure and medium-pressure pipelines, enhancing the natural gas supply network in Shenzhen[44] - The company has a long-term natural gas purchase agreement with PetroChina, committing to purchase 4 billion cubic meters of natural gas annually until 2039[93] - The company plans to allocate 64,757,940.12 CNY to surplus reserves, indicating a focus on financial prudence[191] Market and Operational Developments - The liquefied petroleum gas wholesale volume decreased by 29.68% to 420,600 tons, while pipeline gas sales increased by 20.69%[33] - The company achieved a natural gas sales volume of 1.382 billion cubic meters, a 23.84% increase from 1.116 billion cubic meters in 2012[42] - The company constructed 58.27 kilometers of new high-pressure and medium-pressure pipelines during the year, enhancing its gas supply network[34] - The company is actively pursuing a strategic transformation from a city gas operator to a clean energy operator, enhancing its risk resilience by expanding its industry chain[73] Governance and Management - The company has a strong governance structure, having introduced well-known enterprises as strategic investors to enhance its operational capabilities[55] - The company has implemented a stock option incentive plan to standardize and institutionalize the evaluation and incentive mechanisms for senior management[155] - The company has maintained a stable leadership team, with the chairman serving since September 2013 and holding multiple significant positions in other organizations[124] - The company strictly adheres to relevant laws and regulations, enhancing its corporate governance structure and ensuring independent operations from its controlling shareholder[148] Future Outlook - The company anticipates a rapid increase in natural gas demand due to government policies promoting cleaner energy sources and the ongoing urbanization process[70] - The company aims to achieve natural gas sales of 1.55 billion cubic meters and liquefied petroleum gas sales of 400,000 tons in 2014[73] - The company is planning to expand its market presence in Southeast Asia, targeting a 25% increase in market share within the next two years[132] - The management emphasized the importance of digital transformation, with plans to implement advanced analytics to optimize service delivery and customer engagement[132]