佛燃能源(002911) - 2023 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2023 reached CNY 4.48 billion, a year-on-year increase of 35.69% from CNY 3.30 billion[14] - Net profit attributable to shareholders was CNY 77.89 million, up 4.01% from CNY 74.89 million in the same period last year[14] - The net cash flow from operating activities surged to CNY 613.11 million, reflecting a significant increase of 353.16% compared to CNY 135.30 million in the previous year[14] - Basic earnings per share for the quarter were CNY 0.0816, reflecting a 3.03% increase from CNY 0.0792 in the same period last year[14] - The company's net profit margin improved, with net profit for the period increasing to ¥91,009,688.21 from ¥161,013,844.60, reflecting a strategic focus on cost management[28] - Net profit for the current period is 71,102,805.25, compared to 66,875,962.09 in the previous period, reflecting an increase[32] - The total profit for the current period is 162,987,196.56, an increase from 109,500,402.31 in the previous period[32] Assets and Liabilities - The total assets at the end of the reporting period amounted to CNY 16.36 billion, representing a growth of 10.64% from CNY 14.79 billion at the end of the previous year[14] - Current assets totaled ¥5,043,738,599.03, an increase of 40.9% from ¥3,578,701,939.01 year-over-year[27] - Total liabilities rose to ¥9,774,885,071.81, up 16.9% from ¥8,362,515,306.95 in the previous year[27] - The company's total assets increased to ¥16,364,999,654.68, a rise of 10.7% from ¥14,791,736,670.77 year-over-year[27] Revenue Breakdown - The revenue from natural gas supply business was CNY 3.36 billion, an increase of 27.30% year-on-year, driven by a rise in supply volume to 955 million cubic meters, up 28.12%[14] - Other energy supply business revenue reached CNY 1.03 billion, marking a substantial increase of 77.49% year-on-year[14] Shareholder Information - Total number of common shareholders at the end of the reporting period is 29,946[17] - The largest shareholder, Foshan Investment Holding Group Co., Ltd., holds 41.74% of shares, totaling 398,480,000 shares[17] - The company has no pledged or frozen shares among the top ten shareholders[17] Cash Flow and Financing - The company's cash and cash equivalents increased to ¥2,400,336,493.40 from ¥1,429,545,575.32 at the beginning of the year, representing a growth of approximately 68%[21] - Cash inflow from financing activities totaled $1,166,885,255.24, down from $2,089,254,207.26 in the prior period[38] - Cash outflow for debt repayment was $475,485,477.50, significantly lower than $1,439,991,276.00 in the previous period[38] - The net increase in cash and cash equivalents was $970,166,317.38, compared to $280,141,869.51 in the previous period, showing a substantial improvement[38] Investment and R&D - Research and development expenses for Q1 2023 were ¥62,991,996.53, up from ¥49,177,045.59 in the same quarter last year, highlighting a commitment to innovation[28] - The company plans to expand its market presence and invest in new technologies to drive future growth, as indicated in the earnings call[30] Shareholder Actions - The company plans to reduce shares held by major shareholder Hainan Zhongcheng Investment Co., Ltd. by up to 10,199,500 shares, but no shares have been sold as of the announcement date[20] - The company completed the transfer of state-owned equity on March 16, 2023, changing its controlling shareholder to Foshan Investment Holding Group Co., Ltd.[20] Other Financial Metrics - The weighted average return on net assets decreased to 1.40%, down 0.26% from 1.66% in the previous year[14] - The company's total equity attributable to shareholders was CNY 5.60 billion, a 3.10% increase from CNY 5.43 billion at the end of the previous year[14] - The company recorded investment income of 61,008,203.69, a significant increase from 54,014.81 in the previous period[32]