2021-10-28 16:00Financial Performance - Total revenue for Q3 2021 reached RMB 683.76 billion, an increase of 37.5% compared to RMB 497.13 billion in Q3 2020[4] - Net profit attributable to shareholders was RMB 22.09 billion, a decrease of 44.8% from RMB 40.05 billion in the same period last year[4] - Basic and diluted earnings per share were both RMB 0.121, down 44.8% from RMB 0.219 in Q3 2020[4] - The company's operating revenue for the first three quarters of 2021 was RMB 1,880.341 billion, a year-on-year increase of 31.8%[10] - The net profit attributable to shareholders for the first three quarters of 2021 was RMB 75.126 billion, a year-on-year increase of 646.3%[10] - Net profit for Q3 2021 was RMB 25.24 billion, down 42.5% from RMB 44.00 billion in Q3 2020[23] - Net profit for the first nine months of 2021 was RMB 93.06 billion, significantly higher than RMB 20.68 billion in the same period of 2020[24] - The company’s net profit attributable to shareholders was RMB 75.12 billion, a 646.4% increase compared to RMB 10.06 billion in the same period last year[17] Cash Flow and Assets - Operating cash flow for the year-to-date period was RMB 226.75 billion, representing a 38.9% increase from RMB 163.30 billion in the previous year[6] - Cash flow from operating activities for the first nine months of 2021 was RMB 226,747 million, an increase of 38.8% from RMB 163,303 million in the same period of 2020[27] - Cash and cash equivalents increased significantly to RMB 205,006 million from RMB 145,950 million, a growth of 40.5%[19] - Cash and cash equivalents at the end of Q3 2021 totaled RMB 172,580 million, compared to RMB 75,523 million at the end of Q3 2020, indicating a significant increase[27] - Total assets as of the end of the reporting period were RMB 2,547.93 billion, a 2.4% increase from RMB 2,488.40 billion at the end of the previous year[6] - Current assets rose to RMB 547,942 million, up from RMB 486,767 million, marking an increase of 12.6%[19] - Total liabilities amounted to RMB 1,159,135 million, compared to RMB 1,121,515 million, reflecting an increase of 3.4%[20] Production and Sales - Domestic crude oil production for the first three quarters of 2021 was 561.6 million barrels, a year-on-year increase of 0.3%[11] - The total oil and gas equivalent production for the first three quarters of 2021 was 1,209.2 million barrels, a year-on-year decrease of 0.4%[11] - The revenue from the exploration and production segment for the first three quarters of 2021 was RMB 487.479 billion, a year-on-year increase of 25.8%[11] - The refining and chemical segment processed 911.9 million barrels of crude oil in the first three quarters of 2021, a 3.9% increase year-over-year[12] - The segment achieved operating revenue of RMB 705.81 billion, a 22.0% increase compared to the same period last year, with operating profit reaching RMB 31.99 billion, an increase of RMB 33.66 billion[12] - Natural gas sales reached 1,987.21 billion cubic meters, a 14.4% increase year-over-year, with domestic sales increasing by 16.2%[13] Investments and Future Growth - The company continues to focus on enhancing operational efficiency and exploring new market opportunities to drive future growth[3] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[24] - The company is actively promoting the layout of new energy businesses while maintaining rapid growth in natural gas production[11] Shareholder Information - As of the end of the reporting period, the total number of shareholders was 603,795, with 597,892 being A-share shareholders[9] - The total equity attributable to shareholders increased to RMB 1,245.88 billion, up 2.5% from RMB 1,215.42 billion at the end of the previous year[6]