Financial Performance - The Group's revenue for the nine months ended September 30, 2022, was approximately RMB 250,565,000, representing an increase of approximately 69% compared to the same period in the previous financial year[4] - The profit attributable to owners of the Company for the nine months ended September 30, 2022, was approximately RMB 101,166,000[4] - The profit per share for the Company was approximately RMB 4.87 cents for the nine months ended September 30, 2022[4] - The Group's revenue for the third quarter ended September 30, 2022, was RMB 91,989,000, compared to RMB 37,899,000 for the same quarter in 2021[8] - The gross profit for the nine months ended September 30, 2022, was RMB 32,437,000, compared to RMB 6,762,000 for the same period in 2021[8] - The profit before taxation for the nine months ended September 30, 2022, was RMB 101,917,000, compared to RMB 31,756,000 for the same period in 2021[10] - The profit for the period ended September 30, 2022, was RMB 114,203,000, a significant increase from RMB 40,004,000 in the same period of 2021, representing a growth of 185%[12] - The profit for the nine months ended September 30, 2022, was RMB 102,474,000, up from RMB 30,406,000 in the same period of 2021, reflecting a growth of 237%[12] - The total comprehensive income for the period was RMB 117,372,000, compared to RMB 38,715,000 in Q3 2021, marking an increase of 203%[12] - The total comprehensive income attributable to equity shareholders of the company for the period was RMB 114,862,000, compared to RMB 39,048,000 in the same period last year, an increase of 194%[12] Expenses and Costs - The Group's administrative and other operating expenses for the nine months ended September 30, 2022, were RMB 32,726,000, compared to RMB 27,898,000 for the same period in 2021[8] - The finance costs for the nine months ended September 30, 2022, were RMB 1,949,000, compared to RMB 3,444,000 for the same period in 2021[8] - Employee costs during the review period were approximately RMB 16,137,000, an increase from RMB 14,192,000 in the same period of the previous year[44] Dividends and Shareholder Information - The Board does not recommend the payment of any dividend for the nine months ended September 30, 2022[4] - The company did not recommend any dividend for the review period, consistent with the corresponding period in 2021[23] - The weighted average number of shares in issue for the quarter was 2,078,000,248 shares, compared to 1,661,233,372 shares in the same quarter of 2021[23] Production and Operations - The average daily production of the group's LNG plants increased, contributing approximately RMB 113,299,000 to revenue during the review period[25] - The production capacity of the Group's LNG plants remained at approximately 500,000 cubic meters per day, with an average daily production of around 144,000 cubic meters during the period[39] - The daily gas output from the upstream business was insufficient to fully utilize the liquefaction plant's capacity[47] - The sales revenue of the liquefaction business increased substantially due to a significant rise in international energy prices[39] Assets and Liabilities - The Group's net assets were approximately RMB 222,512,000, including cash and bank balances of approximately RMB 139,004,000 as of September 30, 2022[42] - The Group's gearing ratio was approximately 7.68%, indicating a low level of financial leverage[42] - The company did not have any significant investments, acquisitions, or disposals of subsidiaries during the review period[44] Acquisitions and Transactions - A major transaction involved the disposal of 100% equity interest in Guangxi Beiliu Gas Co., Ltd. for a cash consideration of RMB 80,000,000, completed on September 28, 2022[52] - The company conditionally agreed to acquire Global Billion Holdings Limited for a total consideration of HK$42,523,400 (approximately RMB38,500,000), to be satisfied by issuing consideration shares and convertible bonds[58] - Upon completion of the acquisition, Global Billion will become a direct wholly-owned subsidiary of the company, consolidating its financial information into the group's financial statements[61] Share Option Scheme - The company has proposed a new share option scheme following the expiration of the previous scheme, which had granted 32,119,074 options that lapsed without being exercised[54] - The total number of shares available for issue under the New Share Option Scheme was 207,800,024 ordinary shares, representing approximately 10% of the issued shares of the company[88] - The weighted average exercise price of the options outstanding as of September 30, 2022, was HK$0.056[86] Governance and Compliance - The audit committee held three meetings during the review period to review the unaudited consolidated results[95] - The company complied with the Corporate Governance Code provisions during the review period[95] - All independent non-executive Directors have confirmed their independence as per Rule 5.09 of the GEM Listing Rules[99] - The Company has adopted a code of conduct regarding securities dealings by Directors, with no reported non-compliance during the Review Period[99]
中国煤层气(08270) - 2022 Q3 - 季度财报