SGC(SH:601139)2020-04-28 16:00Financial Performance - Operating revenue for the period was CNY 2,833,284,055.53, representing a decrease of 8.85% year-on-year[4] - Net profit attributable to shareholders of the listed company was CNY 217,073,176.20, down 8.91% from the previous year[4] - Basic earnings per share remained unchanged at CNY 0.08[5] - The company's operating revenue for the reporting period was 2,833.28 million RMB, a decrease of 8.85% compared to 3,108.36 million RMB in the same period last year[10] - The net profit for Q1 2020 was CNY 223.67 million, down from CNY 252.91 million in the same period last year, representing a decline of 11.55%[20] - The total comprehensive income for Q1 2020 was CNY 223.67 million, compared to CNY 252.91 million in Q1 2019, reflecting a decrease of 11.55%[20] - The company's operating profit for Q1 2020 was CNY 282.51 million, down from CNY 294.57 million in Q1 2019, indicating a decline of 4.10%[21] - The company reported a total profit of CNY 273.39 million for Q1 2020, compared to CNY 306.83 million in Q1 2019, reflecting a decline of 10.90%[21] Assets and Liabilities - Total assets at the end of the reporting period were CNY 23,158,153,323.25, a decrease of 0.25% compared to the end of the previous year[4] - Net assets attributable to shareholders of the listed company increased by 2.00% to CNY 11,240,743,638.02[4] - Total liabilities amounted to ¥8,622,103,240.06, up 3.9% from ¥8,297,150,625.86 at the end of 2019[16] - Shareholders' equity totaled ¥10,137,010,566.84, an increase of 2.1% from ¥9,934,143,493.58 at the end of 2019[17] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 19,807,243.68, a significant decrease of 1,292.62% compared to the same period last year[4] - The cash flow from operating activities was CNY 2,840.90 million in Q1 2020, down from CNY 3,033.05 million in Q1 2019, a decrease of 6.35%[23] - The net cash flow from operating activities was -19,807,243.68 RMB, a significant decrease compared to 1,660,822.79 RMB in the previous year, indicating a decline in operational efficiency[25] - The cash flow from operating activities totaled 1,424,491,568.72 RMB, down from 1,471,374,510.00 RMB year-over-year, indicating a slight decline in revenue generation[27] Revenue Breakdown - Natural gas sales revenue increased by 2.50% to 2,082.98 million RMB from 2,032.16 million RMB year-on-year[10] - Wholesale sales revenue of liquefied petroleum gas decreased by 39.26% to 320.14 million RMB from 527.09 million RMB year-on-year[10] - Natural gas sales volume reached 732 million cubic meters, an increase of 15.82% from 632 million cubic meters in the same period last year[10] - Sales volume of natural gas to power plants surged by 147.76% to 166 million cubic meters from 67 million cubic meters year-on-year[10] - Non-power plant natural gas sales volume grew by 2.12% to 577 million cubic meters from 565 million cubic meters year-on-year[10] Shareholder Information - The total number of shareholders at the end of the reporting period was 25,572[8] - The largest shareholder, Shenzhen Municipal Government State-owned Assets Supervision and Administration Commission, held 50.07% of the shares[8] Research and Development - Research and development expenses for Q1 2020 were ¥22,118,549.55, a decrease of 44.1% compared to ¥39,614,246.68 in Q1 2019[18] - Research and development expenses for Q1 2020 were CNY 22.12 million, a significant decrease of 44.38% from CNY 39.61 million in Q1 2019[21] Financial Activities - Total cash inflow from financing activities reached 2,281,193,994.49 RMB, up from 1,319,827,247.95 RMB year-over-year, reflecting increased borrowing and capital inflow[26] - The total cash outflow for financing activities was 1,955,359,827.37 RMB, compared to 1,032,571,952.85 RMB in the previous year, indicating increased financial activity[26] - The company received 1,500,000,000.00 RMB from other financing activities, which was not recorded in the previous year, highlighting new funding sources[28]