深圳燃气(601139) - 2025 Q2 - 季度业绩

Shenzhen Gas H1 2025 Performance Snapshot Analysis Financial Performance Overview The company's H1 2025 total operating revenue increased by 11.99%, while net profit attributable to shareholders declined by 13.61% due to reduced smart service profits, with total assets showing a modest 3.32% increase from the period's start Key Financial Indicators (Consolidated) | Key Financial Indicators | H1 2025 (Million CNY) | H1 2024 (Million CNY) | Change (%) | | :--- | :--- | :--- | :--- | | Total Operating Revenue | 15,431.55 | 13,779.77 | 11.99% | | Operating Profit | 876.66 | 928.10 | -5.54% | | Net Profit Attributable to Shareholders | 637.68 | 738.13 | -13.61% | | Net Profit Attributable to Shareholders (Excluding Non-recurring Items) | 617.89 | 703.12 | -12.12% | | Basic Earnings Per Share (CNY) | 0.22 | 0.26 | -15.38% | | Weighted Average Return on Net Assets (%) | 4.02% | 5.00% | Decrease of 0.98 percentage points | | Total Assets (Million CNY) | 46,723.47 | 45,220.84 | 3.32% (vs. beginning of period) | | Shareholders' Equity Attributable to Parent Company (Million CNY) | 15,740.69 | 15,560.40 | 1.16% (vs. beginning of period) | Operating Performance and Financial Condition Analysis During the reporting period, the company's revenue growth was primarily driven by gas resources and integrated energy businesses, while the decline in net profit was attributed to reduced profits from smart services, with total natural gas sales achieving a significant 23.83% increase, and wholesale volume surging by 205.65% as a key growth driver Overall Performance Attribution Analysis The company's 11.99% revenue growth was primarily driven by gas resources and integrated energy income, while the 13.61% decline in net profit attributable to shareholders was due to reduced smart service profits - Total operating revenue increased by 11.99% year-on-year, primarily driven by growth in gas resources and integrated energy income[6] - Net profit attributable to shareholders decreased by 13.61% year-on-year, mainly due to reduced profits from the smart services business[6] Natural Gas Business Volume Analysis Total natural gas sales volume increased by 23.83% to 3.388 billion cubic meters, with pipeline gas sales growing steadily by 5.71%, while natural gas wholesale volume surged by 205.65%, indicating strong growth momentum, and natural gas transmission volume also saw a rapid 28.82% increase Natural Gas Business Volume | Business Segment | H1 2025 (Billion m³) | H1 2024 (Billion m³) | Year-on-Year Growth (%) | | :--- | :--- | :--- | :--- | | Total Natural Gas Sales Volume | 3.388 | 2.736 | 23.83% | | Pipeline Natural Gas Sales Volume | 2.630 | 2.488 | 5.71% | |    - Greater Bay Area City Gas | 0.763 | 0.729 | 4.66% | |    - Other Regions City Gas | 1.119 | 1.091 | 2.57% | |    - Power Plant Sales | 0.748 | 0.668 | 11.98% | | Natural Gas Wholesale Volume | 0.758 | 0.248 | 205.65% | | Natural Gas Transmission Volume | 0.438 | 0.340 | 28.82% | - Natural gas wholesale business was the primary growth driver during the reporting period, with sales volume significantly increasing by 205.65% year-on-year[6] Risk Disclosure and Reference Documents The company states there are no significant uncertainties affecting the accuracy of this performance snapshot and has prepared comparative financial statements signed and sealed by management for reference - The company confirms no uncertain factors exist that would affect the accuracy of this performance snapshot[7] - Reference documents include comparative balance sheets and income statements signed and sealed by the company's legal representative, chief accountant, and other senior management[7]