潜能恒信(300191) - 2021 Q1 - 季度财报

Financial Performance - The company's operating revenue for Q1 2021 was ¥97,998,056.18, a decrease of 23.86% compared to ¥128,714,558.45 in the same period last year[7] - The net profit attributable to shareholders for Q1 2021 was ¥6,608,471.74, down 36.45% from ¥10,398,844.99 in the previous year[7] - Basic earnings per share for Q1 2021 were ¥0.02, a decline of 33.33% from ¥0.03 in the same period last year[7] - The net profit attributable to shareholders decreased by 36.45% compared to the previous year, primarily due to the transfer of 30% equity in the oil and gas contract in July 2020[14] - The net profit for Q1 2021 was CNY 2,876,173.48, a significant improvement compared to a net loss of CNY 3,499,526.82 in the same period last year, marking a turnaround of approximately 182%[46] - The total comprehensive income for the quarter was CNY 2,876,173.48, compared to a comprehensive loss of CNY 3,499,526.82 in Q1 2020, reflecting a positive shift in overall financial health[47] Cash Flow - The net cash flow from operating activities decreased by 83.42%, amounting to ¥14,070,723.32 compared to ¥84,864,806.12 in the same period last year[7] - Cash received from operating activities decreased by 43.91% compared to the previous year, mainly due to reduced cash from oil and gas collection business[14] - Cash flow from operating activities generated a net amount of CNY 14,070,723.32, down 83.5% from CNY 84,864,806.12 in the previous year[50] - The cash outflow for operating activities totaled CNY 112,335,890.29, up from CNY 99,545,657.99 in the previous year, indicating increased operational expenditures[50] - The cash inflow from investment activities was CNY 30,346,998.70, an increase from CNY 22,169,713.16 in the previous year, showing a growth of 36.5%[50] - The company reported cash outflow from investment activities of CNY 67,983,819.83, significantly higher than CNY 2,109,590.73 in the same period last year, indicating increased investment activity[50] Assets and Liabilities - Total assets at the end of the reporting period were ¥1,564,513,290.63, reflecting a 1.28% increase from ¥1,544,808,293.86 at the end of the previous year[7] - The company's total assets amounted to CNY 1,639,855,450.03, slightly down from CNY 1,647,815,888.35[38] - Total liabilities decreased to CNY 250,252,769.88 from CNY 261,089,381.68[38] - Total current liabilities rose to CNY 83,082,583.05 from CNY 72,938,891.44, marking an increase of about 13.8%[34] - The company's total equity as of March 31, 2021, was CNY 1,212,726,485.53, up from CNY 1,205,532,886.08 at the end of 2020[35] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 14,848[10] - Major shareholder Zhou Jinming holds 47.08% of the shares, with 150,640,000 shares pledged[10] Investment and Projects - The company plans to conduct drilling operations in the 09/17 contract area in the first half of 2021, leveraging existing oilfield facilities for faster production transition[15] - The total amount of the drilling service contract for the 09/17 contract area is estimated at 163.76 million RMB[16] - The company has committed to investing in the Mongolia "Ergel-12 Block Exploration and Mining Project" using remaining funds from previous projects[21] - The company plans to invest approximately $70 million in the Bohai 05/31 exploration and development project, with $40 million sourced from additional raised funds and the remainder from self-owned funds and bank loans[23] Financial Management - Financial expenses increased by 49.12% compared to the previous year, mainly due to reduced interest income from term deposits[14] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[28] - There were no violations regarding external guarantees during the reporting period[27] - The company did not undergo an audit for the first quarter report[56] - The company did not apply the new leasing standards for the first quarter[55]