Hongtong Natural Gas(SH:605169)2022-10-27 16:00Financial Performance - The company's operating revenue for Q3 2022 was CNY 414,854,952.97, representing a year-on-year increase of 15.40%[5] - The net profit attributable to shareholders for Q3 2022 was CNY 30,960,937.32, a decrease of 54.73% compared to the same period last year[5] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 31,816,884.44, down 53.70% year-on-year[5] - The basic earnings per share for Q3 2022 was CNY 0.1094, reflecting a decline of 54.73% compared to the previous year[6] - The net profit for Q3 2022 was CNY 147,308,027.52, a slight increase from CNY 146,378,132.77 in Q3 2021, representing a growth of 0.63%[21] - The total comprehensive income of CNY 150,449,784.99 for Q3 2022, compared to CNY 147,668,210.47 in Q3 2021, marking a growth of 1.9%[22] - The basic earnings per share for Q3 2022 was CNY 0.5090, compared to CNY 0.5012 in Q3 2021, showing an increase of 1.56%[22] Revenue and Costs - Total operating revenue for the first three quarters of 2022 reached RMB 1,184,474,043.18, a significant increase of 43.2% compared to RMB 826,725,102.12 in the same period of 2021[20] - Total operating costs for the first three quarters of 2022 amounted to RMB 1,006,059,719.15, up 52.8% from RMB 658,316,228.70 in the first three quarters of 2021[20] - The increase in operating revenue was primarily driven by higher sales prices and volumes of liquefied natural gas (LNG) and compressed natural gas (CNG) compared to the previous year[10] - The decrease in net profit was mainly due to increased procurement costs and the impact of the pandemic[10] Assets and Liabilities - Total assets at the end of the reporting period were CNY 2,368,003,229.05, up 3.96% from the end of the previous year[6] - Current assets decreased to RMB 893,707,745.82 from RMB 1,040,017,842.20 at the end of 2021, reflecting a decline of 14.1%[15] - Non-current assets increased to RMB 1,474,295,483.23 from RMB 1,237,871,106.11, representing an increase of 19.1%[17] - Total liabilities as of September 30, 2022, were RMB 589,892,268.68, compared to RMB 554,491,771.03 at the end of 2021, indicating a rise of 6.4%[18] - Shareholders' equity totaled RMB 1,778,110,960.37, up from RMB 1,723,397,177.28 at the end of 2021, reflecting an increase of 3.2%[18] Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 166,537,930.00, an increase of 39.41% year-on-year[6] - The net cash flow from operating activities for the first three quarters of 2022 was CNY 166,537,930.00, up from CNY 119,459,118.69 in the previous year, reflecting an increase of 39.4%[23] - The total cash and cash equivalents at the end of Q3 2022 were CNY 752,186,497.98, down from CNY 954,511,468.22 at the end of Q3 2021, a decrease of 21.2%[24] - The company incurred a net cash outflow from investing activities of CNY -297,658,223.75 in the first three quarters of 2022, compared to CNY -185,459,857.26 in the same period of 2021, indicating a worsening of 60.4%[24] Expenses - The company’s sales expenses increased to CNY 53,750,777.13 in Q3 2022 from CNY 43,908,094.89 in Q3 2021, reflecting a rise of 22.5%[21] - The management expenses for Q3 2022 were CNY 63,884,552.37, up from CNY 46,605,240.44 in Q3 2021, representing an increase of 37.0%[21] - The company reported a decrease in investment income, with a loss of CNY -243,991.13 in Q3 2022 compared to a gain of CNY 6,178,651.06 in Q3 2021[21] Government Support - The company received government subsidies amounting to CNY 1,263,932.82 during the reporting period, contributing to its financial performance[8]