陕天然气(002267) - 2019 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2019 was CNY 3,765,705,508.89, representing a 29.99% increase compared to CNY 2,896,836,571.79 in the same period last year[7] - Net profit attributable to shareholders was CNY 301,839,852.24, a decrease of 3.87% from CNY 313,988,394.09 year-on-year[7] - Basic earnings per share for the period were CNY 0.2714, down 3.86% from CNY 0.2823 in the same period last year[7] - Operating profit for the current period was ¥357,000,304.56, slightly down by 4.3% from ¥375,159,304.10 in the previous period[64] - Net profit for the current period was ¥302,963,971.18, a decrease of 4.7% compared to ¥317,906,256.61 in the previous period[66] - The total comprehensive income for the period was not explicitly stated but can be inferred from the changes in retained earnings and other equity components[50] Cash Flow - The net cash flow from operating activities increased by 194.51%, reaching CNY 1,179,469,074.86 compared to CNY 400,480,236.51 in the previous year[7] - Cash inflow from operating activities totaled 4,141,220,132.21, an increase from 3,039,412,045.59 in the previous period, representing a growth of approximately 36.4%[76] - Cash inflow from sales of goods and services reached 4,084,866,240.34, up from 3,014,807,065.56 in the previous period, representing a growth of approximately 35.4%[76] - Investment cash flow net outflow increased by 95.49% to RMB -232,115,210.51 due to higher cash payments for investments[22] - Financing cash flow net outflow increased by 153.98% to RMB -354,287,608.09 due to increased payments for finance lease rentals[22] Assets and Liabilities - Total assets at the end of the reporting period were CNY 12,226,274,284.01, up 4.28% from CNY 11,724,077,442.51 at the end of the previous year[7] - The total liabilities increased to CNY 6,077,752,551.45 from CNY 5,911,299,035.98, representing a growth of approximately 2.82%[47] - The total equity rose to CNY 6,148,521,732.56 from CNY 5,812,778,406.53, indicating an increase of about 5.77%[50] - The total current assets amounted to CNY 2,329,588,536.70, an increase from CNY 1,904,988,609.51 as of December 31, 2018, representing a growth of approximately 22.3%[41] - The total non-current assets were reported at CNY 9,896,685,747.31, a slight increase from CNY 9,819,088,833.00, indicating a growth of about 0.8%[44] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 37,620, with the largest shareholder holding 55.36%[11] - The net assets attributable to shareholders increased by 5.92%, amounting to CNY 5,977,798,869.10 compared to CNY 5,643,756,175.63 at the end of the previous year[7] Research and Development - Research and development expenses increased by 84.19% to RMB 5,777,068.72 compared to the previous period[22] - Research and development expenses increased to ¥5,777,068.72, up 84.0% from ¥3,136,458.09 in the previous period[61] Acquisitions and Investments - The company acquired 100% equity of Wuqi Baoze Natural Gas Co., Ltd. for 147.21 million yuan, completing the acquisition on January 23, 2019[25] - The acquisition of Wuqi Baoze is part of the company's strategy to expand in the urban gas market under a competitive landscape[25] - Goodwill of RMB 90,245,068.71 was recognized from the acquisition of Wuqi Baoze Company[22] Tax and Compliance - Tax payable increased by 648.56% to RMB 120,755,103.89 due to increased income tax and reduced VAT input tax credits[22] - The company has committed to resolving competition issues related to the transfer of gas assets within a specified timeframe, extending the deadline to April 10, 2020[33] - The company is committed to obtaining ownership certificates for remaining properties, with one land and one property certificate still pending as of the reporting period[28] Financial Reporting - The company is focused on enhancing its financial reporting accuracy and reflecting its operational results more fairly[25] - The company has implemented new financial instrument standards since January 1, 2019, with no significant impact on financial results[95] - The company has not implemented the new revenue and leasing standards, with no significant impact on financial results[99] - The first quarter report was not audited[102]