ANG(SH:603689) Sou Hu Cai Jing·2025-07-29 15:22Core Viewpoint - Anhui Natural Gas Development Co., Ltd. has experienced a decline in revenue and net profit in the latest quarterly report, indicating potential challenges in the gas production and supply industry [1][2]. Financial Performance - As of the first quarter of 2025, the company reported total revenue of 1.454 billion yuan, a year-on-year decrease of 7.25% [1]. - The net profit attributable to shareholders was 101 million yuan, down 5.47% year-on-year [1]. - The company's non-recurring net profit was 100 million yuan, reflecting a decrease of 5.75% compared to the previous year [1]. - The liquidity ratios are as follows: current ratio at 0.724 and quick ratio at 0.691, with a debt-to-asset ratio of 47.62% [1]. Market Activity - The stock price of Anhui Natural Gas closed at 8.61 yuan, down 0.12%, with a turnover rate of 1.08% [1]. - The trading volume was 52,400 lots, with a transaction amount of 45.0346 million yuan [1]. - There was a net outflow of main funds amounting to 18.5169 million yuan, accounting for 41.12% of the transaction amount [1]. Company Background - Anhui Natural Gas Development Co., Ltd. was established in 2003 and is located in Hefei City, primarily engaged in gas production and supply [2]. - The company has a registered capital of 4.782 billion yuan and a paid-in capital of 2.52 billion yuan [1][2]. - The legal representative of the company is Wu Hai [1]. Investment and Intellectual Property - The company has made investments in 37 enterprises and participated in 4,007 bidding projects [2]. - It holds 71 trademark registrations and 77 patent registrations, along with 264 administrative licenses [2].