广安爱众(600979) - 2018 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2018 was CNY 963,823,204.74, representing a 1.19% increase compared to CNY 952,521,095.11 in the same period last year[18]. - The net profit attributable to shareholders of the listed company decreased by 18.85% to CNY 121,981,862.63 from CNY 150,315,145.58 year-on-year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 119,088,966.35, down 8.51% from CNY 130,172,198.33 in the previous year[18]. - The net cash flow from operating activities was CNY 165,495,736.63, a decrease of 17.11% compared to CNY 199,651,355.33 in the same period last year[18]. - Basic earnings per share decreased by 17.34% to CNY 0.1311 compared to the same period last year[19]. - Diluted earnings per share also decreased by 17.34% to CNY 0.1311 compared to the same period last year[19]. - The weighted average return on equity fell by 1.21 percentage points to 3.28%[19]. - Total operating revenue for the first half of 2018 was CNY 963,823,204.74, a slight increase from CNY 952,521,095.11 in the same period last year, representing a growth of approximately 1.4%[113]. - Net profit for the first half of 2018 was CNY 124,266,740.86, down from CNY 153,867,744.78, reflecting a decrease of approximately 19.3%[115]. - Earnings per share (EPS) for the first half of 2018 was CNY 0.1311, compared to CNY 0.1586 in the previous year, indicating a decline of about 17.2%[115]. Assets and Liabilities - The net assets attributable to shareholders at the end of the reporting period were CNY 3,580,449,946.01, an increase of 2.12% from CNY 3,506,037,305.07 at the end of the previous year[18]. - Total assets increased by 2.25% to CNY 7,812,311,450.33 from CNY 7,640,382,068.33 at the end of the previous year[18]. - Total liabilities increased to RMB 4.062 billion, compared to RMB 3.962 billion at the beginning of the period[108]. - The company's equity increased to RMB 3.751 billion from RMB 3.678 billion at the beginning of the period[108]. - Current ratio decreased by 11.32% to 0.94 compared to the end of the previous year[102]. - Quick ratio decreased by 17.35% to 0.81 compared to the end of the previous year[102]. Operational Highlights - The company operates 10 water plants with a daily water supply capacity of 295,000 cubic meters and serves approximately 494,200 water customers[26]. - The electricity segment has 11 power stations and serves about 741,200 electricity customers, maintaining a 100% market share in the designated area[27]. - The gas segment has a market share of 100% in the designated area, serving approximately 488,000 gas customers[30]. - Water sales volume reached 30.73 million tons, up 7.06% year-on-year[33]. - Electricity sales volume was 1.06685 billion KWH, a year-on-year increase of 0.56%, with supply area sales increasing by 11.40%[33]. - Gas sales volume was 10.54 million m³, reflecting a year-on-year growth of 6.64%[33]. Investment and Financing - Short-term loans increased by 525% to CNY 25 million, indicating a significant rise in liquidity needs[41]. - The total investment amount decreased to ¥6,679.89 million, a decline of 80.91% compared to the same period last year, which was ¥35,000 million[42]. - The actual paid-in amount for investments was ¥3,179.89 million, down 36.40% from ¥5,000 million in the previous year[42]. - The company raised 1,277,244,516 RMB through a private placement of 23 million shares at an issue price of 6.67 RMB per share, enhancing its capital structure[140]. Risk and Compliance - The report includes a risk statement regarding forward-looking statements, indicating potential investment risks[6]. - The report was not audited, and the management has confirmed the accuracy and completeness of the financial report[5]. - The company is facing risks from energy system reforms, including potential impacts on electricity sales revenue and uncertainties in power generation plans[52]. - The company has established an emergency response plan for environmental incidents, which was revised in March 2018[77]. Environmental and Social Responsibility - The company reported a total chemical oxygen demand (CODcr) discharge of 44.27 tons and ammonia nitrogen (NH3-N) discharge of 4.15 tons for the first half of 2018, well below the annual limits of 438 tons and 109.5 tons respectively[73]. - The pollution control facility, utilizing CASS technology, has a designed treatment capacity of 20,000 tons per day and has been operating normally since its launch in December 2008[74]. - During the reporting period, the company helped 73 registered impoverished individuals to escape poverty[70]. - The company invested 34.22 million RMB in social poverty alleviation efforts, specifically in targeted poverty alleviation projects[70]. Corporate Governance - The company held two shareholder meetings during the reporting period, utilizing both in-person and online voting methods[50]. - The chairman of the company has been suspended due to allegations of misconduct, as reported in various financial news outlets[54]. - The company has renewed the appointment of Ruihua Certified Public Accountants as its auditing firm for the 2018 fiscal year[54]. Shareholder Information - The company has a total of 45,870 common stock shareholders as of the end of the reporting period[82]. - The top shareholder, Sichuan Aizhong Development Group Co., Ltd., holds 136,649,210 shares, representing 14.42% of the total shares[85]. - Sichuan Provincial Water Investment Group Co., Ltd. holds 115,167,384 shares, accounting for 12.15% of the total shares[85].