新天然气(603393) - 2018 Q1 - 季度财报

Financial Performance - Operating revenue for the period was CNY 329,315,225.92, representing a year-on-year growth of 19.68%[6] - Net profit attributable to shareholders was CNY 73,703,816.90, up 32.88% from the same period last year[6] - The weighted average return on equity increased by 0.68 percentage points to 3.73%[6] - Total operating revenue for Q1 2018 was CNY 329,315,225.92, an increase of 19.7% compared to CNY 275,165,663.15 in the previous period[28] - Net profit for Q1 2018 reached CNY 73,703,816.90, representing a 32.9% increase from CNY 55,464,710.24 in the same period last year[29] - Earnings per share for Q1 2018 was CNY 0.46, compared to CNY 0.35 in the previous year, reflecting a growth of 31.4%[29] - The company reported an operating profit of CNY 86,248,792.46 for Q1 2018, which is a 55.5% increase from CNY 55,506,476.49 in the previous period[29] Cash Flow - The net cash flow from operating activities was CNY 27,036,462.79, an increase of 18.07% year-on-year[6] - Cash inflows from operating activities amounted to CNY 334,028,575.28, up from CNY 298,525,804.18, indicating a growth of about 11.9% year-over-year[33] - The net cash flow from operating activities was CNY 27,036,462.79, an increase of 18.6% compared to CNY 22,898,507.47 in the same period last year[34] - The net cash flow from investment activities was CNY 85,857,538.96, a significant improvement from a negative CNY 12,303,505.27 in the previous year[34] - The cash and cash equivalents at the end of the period totaled CNY 1,087,082,339.96, compared to CNY 409,200,187.03 at the end of the previous period, reflecting a growth of approximately 165.7%[35] - The company reported a net cash outflow from financing activities of CNY 849,125.00, indicating a decrease in cash flow from financing compared to the previous period[36] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 2,316,372,815.60, an increase of 0.89% compared to the end of the previous year[6] - The company's total assets as of March 31, 2018, amounted to CNY 2,316,372,815.60, up from CNY 2,296,022,919.30 at the beginning of the year[23] - The company's total liabilities decreased from CNY 354,333,384.00 to CNY 299,348,040.70 during the same period[22] - The company's total equity as of Q1 2018 was CNY 1,705,049,178.49, slightly up from CNY 1,701,046,730.47 in the previous period[27] Receivables and Payables - Accounts receivable increased by 51.03% to CNY 27,545,875.16, mainly due to an increase in bank acceptance bills received by a subsidiary[12] - Prepaid accounts increased by 29.49% to CNY 24,025,102.06, primarily due to increased advance payments for natural gas procurement[12] - Other receivables rose by 24.11% to CNY 29,066,973.60, mainly from increased fiscal subsidy receivables[12] - The company reported a decrease in accounts payable from CNY 120,320,056.85 to CNY 95,257,945.86 during the same period[22] - The company’s accounts receivable increased to CNY 79,906,831.39 from CNY 75,080,287.73 year-on-year[21] Expenses and Income - Financial expenses for Q1 2018 were CNY -5,389,621.81, a significant increase of 768.70% year-on-year, attributed to higher interest income from current deposits[13] - The income tax expense for Q1 2018 was CNY 12,498,889.23, reflecting a 29.78% increase year-over-year due to higher total profits[14] - Other income for Q1 2018 was CNY 6,732,428.64, primarily from natural gas price difference subsidies, which increased compared to the previous year[14] - Investment income for Q1 2018 was CNY 1,511,734.29, down from CNY 3,906,228.99 in the previous period[28] Major Initiatives - The company is planning a major asset restructuring through its wholly-owned subsidiary, aiming to acquire shares in Hong Kong-listed company Asia Energy Holdings Limited[17] Comprehensive Income - The total comprehensive income for the first quarter of 2018 was CNY 4,002,448.02, compared to CNY 2,832,686.85 in the previous period, representing an increase of approximately 41.2%[32]