新天然气(603393) - 2022 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2022 was approximately CNY 1.70 billion, representing a 50.17% increase compared to CNY 1.13 billion in the same period last year[20]. - The net profit attributable to shareholders for the first half of 2022 was approximately CNY 480.23 million, a decrease of 40.25% from CNY 803.66 million in the previous year[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately CNY 490.31 million, which is a 97.05% increase from CNY 248.82 million in the same period last year[20]. - The basic earnings per share for the first half of 2022 were CNY 1.13, a decrease of 47.20% compared to CNY 2.14 in the same period last year[22]. - The weighted average return on net assets for the first half of 2022 was 10.14%, a decrease of 15.81 percentage points from 25.95% in the previous year[22]. - The company achieved a revenue of 1.701 billion yuan, representing a year-on-year increase of 50.17%[40]. - The net profit attributable to shareholders decreased by 40.25% to 480 million yuan, while the net profit excluding non-recurring items increased by 97.05% to 490 million yuan[40]. - The net profit for the first half of 2022 was CNY 86,349,173.17, a significant decrease from CNY 372,276,233.60 in the same period of 2021, reflecting a decline of approximately 77.9%[147]. - The total operating profit for the first half of 2022 was CNY 88,381,248.57, compared to CNY 372,275,092.98 in the previous year, indicating a decrease of about 76.3%[147]. Cash Flow and Investments - The net cash flow from operating activities for the first half of 2022 was approximately CNY 908.19 million, showing a significant increase of 301.73% compared to CNY 226.07 million in the previous year[20]. - The company has increased its investment in gas wells, resulting in a net cash flow from investing activities of -¥500,775,129.02, compared to -¥276,440,924.12 in the previous year[47]. - Cash inflow from sales of goods and services reached CNY 2,151,340,782.53, compared to CNY 1,183,531,239.00 in the first half of 2021, marking an increase of about 81.3%[150]. - The total cash outflow from operating activities was CNY 1,621,818,817.38, compared to CNY 1,029,905,470.95 in the previous year, reflecting an increase of approximately 57.3%[153]. - The cash and cash equivalents at the end of the period stood at CNY 2,992,547,961.71, up from CNY 1,800,506,906.07 at the end of the first half of 2021, indicating an increase of approximately 66.4%[156]. Assets and Liabilities - The total assets at the end of the reporting period were approximately CNY 11.28 billion, reflecting a 2.12% increase from CNY 11.04 billion at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were approximately CNY 4.77 billion, which is a 5.23% increase from CNY 4.54 billion at the end of the previous year[20]. - Total liabilities decreased to ¥3,159,600,599.91 from ¥3,402,479,163.86, a decline of approximately 7.15%[129]. - Current liabilities decreased to ¥1,804,900,748.23 from ¥2,122,627,740.73, a reduction of approximately 14.98%[129]. - Long-term borrowings increased significantly to ¥738,590,000.00 from ¥396,700,000.00, representing an increase of about 86.2%[129]. Market and Operations - The company primarily engages in urban natural gas distribution, sales, and installation services within Xinjiang Province[29]. - The procurement of natural gas is mainly from PetroChina and Sinopec, with contracts typically set for one year[31]. - The company aims to expand its business scale and sales volume by enhancing business development efforts[31]. - The company is focused on enhancing its market presence and expanding its operational areas[31]. - The company has established a full industry chain integration model, enhancing its competitive advantage in the market[36]. Governance and Compliance - The company reported no significant risks affecting normal operations during the reporting period[7]. - There were no non-operating fund occupations by controlling shareholders or related parties during the reporting period[7]. - The company has implemented measures to avoid related party transactions, ensuring fairness and transparency in any unavoidable transactions[91]. - The company has established a complete governance structure to ensure independent and compliant operations[83]. - The controlling shareholder Ming Zaiyuan committed to limit share transfers to no more than 5% of total shares held annually for two years post-lockup period, with a minimum selling price equal to the A-share issuance price[87]. Environmental and Social Responsibility - The company strictly adheres to environmental protection policies, emphasizing sustainability as a key part of its development strategy[70]. - No administrative penalties were incurred due to environmental issues during the reporting period[71]. - The company has committed to reducing carbon emissions, although specific measures and effects were not disclosed[71].