贝肯能源(002828) - 2023 Q2 - 季度财报

Financial Performance - The company's operating revenue for the first half of 2023 was CNY 395,152,339.98, representing a 19.05% increase compared to CNY 331,911,834.61 in the same period last year[22]. - Net profit attributable to shareholders was CNY 18,471,217.16, a significant turnaround from a loss of CNY 189,497,414.19 in the previous year, marking a 109.75% improvement[22]. - The net profit after deducting non-recurring gains and losses was CNY 17,203,550.80, compared to a loss of CNY 7,742,437.36 last year, reflecting a 322.20% increase[22]. - The basic earnings per share rose to CNY 0.09 from a loss of CNY 0.94, indicating a 109.57% improvement[22]. - The total operating revenue for the first half of 2023 reached CNY 395,152,339.98, an increase of 19% compared to CNY 331,911,834.61 in the same period of 2022[134]. - The net profit for the first half of 2023 was CNY 19,300,543.83, a significant recovery from a net loss of CNY 187,590,474.96 in the first half of 2022[135]. - The total comprehensive income for the first half of 2023 was CNY 27,611,366.71, a recovery from a loss of CNY 197,095,870.09 in the previous year[136]. - The company reported a total comprehensive income of CNY 278,356.63 for the first half of 2023, compared to a loss of CNY 10,887,856.32 in the same period of 2022[161]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 1,807,643,299.86, down 10.65% from CNY 2,023,170,101.34 at the end of the previous year[22]. - Current assets totaled CNY 1,061,702,463.02, down from CNY 1,253,585,621.63, indicating a decrease of about 15.29%[127]. - Total liabilities decreased to CNY 1,174,533,491.70 from CNY 1,405,528,889.07, a reduction of about 16.38%[129]. - The company's total liabilities decreased to CNY 1,199,923,140.89 from CNY 1,448,771,069.49, indicating a reduction of about 17%[135]. - The company's long-term equity investments increased to ¥23,603,693.87, representing 1.31% of total assets, with no significant changes reported[48]. Cash Flow - The net cash flow from operating activities was CNY 19,137,499.30, a decrease of 78.03% compared to CNY 87,106,385.99 in the same period last year[22]. - The company's operating cash flow net amount for the first half of 2023 was ¥19,137,499.30, a decrease from ¥87,106,385.99 in the first half of 2022, highlighting challenges in cash flow management[141]. - The net cash flow from investing activities was -¥18,386,219.62 for the first half of 2023, an improvement from -¥21,405,232.93 in the first half of 2022, suggesting better management of investment cash flows[141]. - The total cash inflow from financing activities was ¥218,521,615.21 in the first half of 2023, up from ¥197,925,745.71 in the first half of 2022, reflecting a positive trend in financing[141]. Research and Development - Research and development expenses rose by 11.04% to CNY 6,369,598.17, compared to CNY 5,736,343.04 in the previous year[44]. - The company has been awarded 33 patents, including 10 invention patents and 23 utility model patents, reflecting its strong R&D capabilities[42]. - The company has established four technology research innovation platforms, enhancing its R&D capabilities and competitive advantage[42]. Market Presence and Operations - The company has established a strong market presence in regions such as Xinjiang, Southwest China, and Ukraine, serving major clients like China National Petroleum Corporation and DTEK[37][38]. - The company operates 38 drilling rigs with depths ranging from 2,000 to 7,000 meters, and has 10 fully electric fracturing units with 50,000 horsepower[40]. - The oil service industry is experiencing a shift towards digitalization and decarbonization, creating new market opportunities for the company[30]. - The company emphasizes integrated engineering services, offering a comprehensive range of technical services from geological modeling to drilling design and execution[32]. Risk Management - The management highlighted potential risks in future operations, which investors should be aware of[3]. - The company faces risks related to equipment idleness due to seasonal operational impacts and the need for equipment upgrades in new market segments[62]. - The company aims to enhance risk awareness and control measures for accounts receivable[65]. - The company is addressing human resource risks by optimizing talent structure and improving management capabilities[66]. Shareholder Information - The company plans not to distribute cash dividends or issue bonus shares[4]. - The total number of common shareholders at the end of the reporting period is 30,027[114]. - The largest shareholder, Chen Pinggui, holds 16.37% of the shares, totaling 32,895,000 shares[114]. - The company’s stockholders' meeting approved the share repurchase plan on May 19, 2023[108]. Compliance and Governance - There were no environmental penalties reported during the reporting period, indicating compliance with environmental regulations[75]. - The company has implemented a strict HSE management system to mitigate safety and environmental risks[63]. - The company has not disclosed any new equity incentive plans or employee stock ownership plans during the reporting period[72]. - The company has experienced changes in its board and management personnel, including the resignation of several key figures[69]. Future Plans - The company plans to mitigate risks by reducing fixed asset investments and expanding light asset operations[62]. - The company is actively pursuing opportunities in the application of new energy technologies in oil and gas resource extraction[31]. - The company intends to repurchase shares with a total amount between RMB 20 million and RMB 35 million, at a price not exceeding RMB 9.35 per share[101].