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大众公用(01635) - 2025 Q1 - 季度业绩
2025-04-29 09:15
Financial Performance - The company's operating revenue for Q1 2025 was RMB 2,077,659,843.68, a decrease of 4.11% compared to RMB 2,166,698,799.22 in the same period last year[10] - Net profit attributable to shareholders increased significantly to RMB 194,118,526.26, representing a 601.27% increase from RMB 27,680,914.58 year-on-year[10] - The net profit after deducting non-recurring gains and losses was RMB 108,467,981.24, up 223.79% from RMB 33,499,324.66 in the previous year[10] - Basic and diluted earnings per share were both RMB 0.0657, reflecting a remarkable increase of 598.94% from RMB 0.0094 in the same quarter last year[10] - Operating profit for Q1 2025 was CNY 282,226,445.39, compared to CNY 137,998,693.10 in Q1 2024, indicating a growth of 104.56%[28] - Net profit for Q1 2025 reached CNY 240,363,311.24, significantly up from CNY 84,108,155.47 in Q1 2024, representing an increase of 185.56%[28] Cash Flow - The net cash flow from operating activities reached RMB 399,823,226.43, a substantial increase of 206.72% compared to RMB 130,352,749.70 last year[10] - In Q1 2025, the cash inflow from operating activities was CNY 2,332,982,757.32, an increase of 1.84% compared to CNY 2,290,569,860.54 in Q1 2024[30] - The net cash flow from operating activities for Q1 2025 was CNY 399,823,226.43, significantly up from CNY 130,352,749.70 in Q1 2024, representing a growth of 206.5%[30] - Cash outflow for purchasing goods and services in Q1 2025 was CNY 1,575,818,641.24, down 15.8% from CNY 1,872,499,787.03 in Q1 2024[30] - The cash and cash equivalents at the end of Q1 2025 were CNY 3,210,922,470.58, down from CNY 2,937,397,879.15 at the end of Q1 2024[31] - The company reported a net cash decrease of CNY 184,864,376.22 in Q1 2025, an improvement from a decrease of CNY 252,605,204.50 in Q1 2024[31] Assets and Liabilities - Total assets at the end of the reporting period were RMB 23,259,122,083.01, a 1.17% increase from RMB 22,989,152,647.83 at the end of the previous year[10] - Current liabilities have increased to ¥9,325,078,774.92 from ¥8,250,797,973.54 as of December 31, 2024[24] - Total liabilities amounted to CNY 13,012,831,100.64, slightly up from CNY 12,948,689,497.47 in the previous year[25] - Total non-current liabilities decreased to CNY 3,687,752,325.72 from CNY 4,697,891,523.93, a reduction of 21.43%[25] - The total assets as of March 31, 2025, were CNY 15,134,026,573.34, an increase from CNY 14,773,211,949.51 as of December 31, 2024[34] - The total liabilities as of March 31, 2025, were CNY 8,004,974,420.42, compared to CNY 7,732,763,339.20 as of December 31, 2024[34] Shareholder Information - The company reported a total of 150,631 common shareholders at the end of the reporting period[15] - The top 10 shareholders hold a total of 1,300,000,000 shares, representing approximately 43.56% of the total issued shares[16] - Shanghai大众企业管理有限公司 holds 495,143,859 shares, accounting for 16.77% of the total shares, with 327,000,000 shares pledged[16] - The company is not aware of any relationships or concerted actions among the top 10 shareholders[19] Investment and R&D - Research and development expenses for Q1 2025 were CNY 231,132.08, indicating ongoing investment in innovation[27] - The company reported an investment income of CNY 134,661,943.06 in Q1 2025, a turnaround from a loss of CNY 10,344,666.05 in Q1 2024[27] Comprehensive Income - The total comprehensive income for Q1 2025 was ¥99,310,545.47, significantly higher than ¥32,935,606.10 in Q1 2024[38] - Other comprehensive income after tax for Q1 2025 was CNY -26,841,227.26, compared to CNY -14,145,298.52 in Q1 2024, indicating a decline[28]
大众公用(01635) - 2024 - 年度业绩
2025-03-28 10:21
Financial Performance - The company reported a revenue of RMB 1.2 billion for the fiscal year 2024, representing a 15% increase compared to the previous year[31]. - Revenue for 2024 was RMB 6,283,532, a decrease of 0.82% compared to RMB 6,335,775 in 2023[40]. - Profit attributable to the owners of the Company increased by 9.69% to RMB 233,149 in 2024 from RMB 212,544 in 2023[40]. - Net profit increased by 8.16% from RMB 303.63 million for the year ended December 31, 2023, to RMB 328.43 million for the year ended December 31, 2024[115]. - Total comprehensive income increased by 63.41% from RMB 261.92 million for the year ended December 31, 2023, to RMB 428.00 million for the year ended December 31, 2024[116]. - Basic and diluted earnings per share increased by 9.69% to RMB 0.08 in 2024 from RMB 0.07 in 2023[42]. - The company reported a net profit margin of 18% for the last fiscal year, reflecting improved cost management strategies[24]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of RMB0.36 (tax inclusive) for every 10 shares, totaling RMB106,287,648.30 based on a total share capital of 2,952,434,675 shares as of the end of 2024[8][11]. - The final dividends for the year ended December 31, 2024, are set at RMB0.36 per 10 Shares (tax inclusive)[25]. - The board of directors has approved a dividend payout of RMB 0.5 per share, reflecting a 10% increase from the previous year[31]. Risk Management - There were no material risks identified during the reporting period, and potential risks along with countermeasures are detailed in the report[15][17]. - The company emphasizes the importance of understanding investment risks associated with forward-looking statements in the report[10][12]. - The Company faces risks from fluctuations in natural gas prices, which are influenced by domestic supply and demand as well as international market prices[189]. - Changes in environmental protection policies may impose pressures on the Company's operations, requiring strict adherence to local sewage discharge standards[190]. - The company is exposed to exchange rate fluctuations, particularly between RMB and USD, which could lead to exchange losses[194]. Operational Developments - The company plans to expand its market presence by entering three new provinces in China by the end of 2025[24]. - Dazhong Asset Management, a subsidiary, achieved a revenue increase of 20% compared to the previous year, contributing significantly to the overall performance[24]. - The company is investing RMB500 million in new technology development aimed at enhancing operational efficiency[24]. - A strategic acquisition of a local competitor is expected to be finalized by Q2 2024, which will enhance market share by approximately 10%[24]. - Dazhong Logistics Delivery, a newly established subsidiary, aims to capture a 5% market share in the logistics sector within the first year of operation[24]. Environmental and Social Governance (ESG) - Future outlook indicates a focus on sustainable practices, with plans to reduce carbon emissions by 25% by 2026[24]. - The strategic development committee is prioritizing ESG initiatives, aiming for a 50% reduction in carbon emissions by 2030[35]. - The Company plans to enhance its ESG performance and explore the integration of clean energy with traditional public utilities, including photovoltaic power generation and sewage treatment[174]. Financial Position and Cash Flow - Net cash flows from operating activities decreased by 41.21% to RMB 405,522 in 2024 from RMB 689,833 in 2023[40]. - The Group's long-term interest-bearing borrowings were RMB392.94 million, while short-term borrowings were RMB3,207.47 million as of December 31, 2024[128]. - The gearing ratio decreased to 77.06% as of December 31, 2024, down by 6.02% from 83.08% as of December 31, 2023[130]. - The Company will increase cash flows from operating activities and adjust its debt structure to lower the debt-to-asset ratio, maintaining a focus on cash flow management[181]. Market and Industry Trends - The natural gas industry in China is currently stable, with city gas companies expanding services and transforming into comprehensive energy service providers[160]. - The sewage treatment industry is focusing on technological innovation and resource recycling, aiming for high treatment efficiency and stable water quality[161]. - The financing lease industry is expected to align with national industry orientation, promoting high-quality development of the real economy[167]. Audit and Compliance - The company has received a standard non-qualified auditor's report from BDO Limited, ensuring the accuracy and completeness of the financial reports[13]. - The financial report guarantees that there are no false representations or material omissions, with the board accepting legal responsibility for the contents[13]. - There are no external guarantees provided in violation of stipulated decision-making procedures[19].
大众公用(01635) - 2024 Q3 - 季度业绩
2024-10-30 10:32
Financial Performance - The company's operating revenue for Q3 2024 was CNY 1,078,018,157.65, a decrease of 15.16% compared to the same period last year[5]. - Net profit attributable to shareholders for Q3 2024 was CNY 48,183,585.75, with a year-to-date decrease of 37.65% to CNY 170,339,549.91[5]. - The basic earnings per share for Q3 2024 was CNY 0.016320, reflecting a decrease of 37.65% year-to-date[5]. - Total operating revenue for the first three quarters of 2024 was CNY 4,788,881,550.75, a decrease of 2.2% compared to CNY 4,898,264,670.83 in the same period of 2023[19]. - Net profit for the first three quarters of 2024 was CNY 280,051,624.60, compared to CNY 367,862,438.04 in 2023, indicating a decline of 23.8%[21]. - The company reported a net profit of CNY 63,983,341.27 after tax adjustments, compared to a profit of CNY 255,023,734.29 in the previous year[32]. - Net profit for the first three quarters of 2024 is ¥63,983,341.27, a decrease of 76.8% compared to ¥275,727,337.29 in the same period of 2023[33]. - Total comprehensive income for the first three quarters of 2024 is ¥69,733,761.01, down 71.8% from ¥247,237,508.93 in 2023[33]. Assets and Liabilities - Total assets at the end of Q3 2024 amounted to CNY 22,673,144,633.77, a decrease of 0.71% from the previous year[5]. - Total current assets as of September 30, 2024, amount to ¥5,822,119,738.05, an increase from ¥5,435,881,995.84 as of December 31, 2023[14]. - Non-current assets total ¥16,851,024,895.72, down from ¥17,398,832,337.28 as of December 31, 2023[15]. - Total liabilities as of September 30, 2024, amounted to CNY 12,747,724,130.70, a decrease from CNY 13,098,038,908.21 at the end of 2023[17]. - Non-current liabilities decreased to CNY 4,306,495,265.11 from CNY 4,585,010,986.21, representing a reduction of 6.1%[17]. - Total assets as of September 30, 2024, were CNY 22,673,144,633.77, a slight decrease from CNY 22,834,714,333.12 at the end of 2023[18]. - Total liabilities rose to CNY 8,128,793,563.88 from CNY 8,093,750,839.64, indicating a slight increase[30]. Cash Flow - The net cash flow from operating activities for the year-to-date period was CNY 486,914,459.80, down 19.66% compared to the previous year[5]. - Net cash flow from operating activities for the first three quarters of 2024 is CNY 486,914,459.80, a decrease of 19.7% compared to CNY 606,036,539.77 in the same period of 2023[25]. - Cash inflow from investment activities for the first three quarters of 2024 is CNY 2,787,062,591.62, an increase of 39.4% from CNY 1,999,905,306.52 in the same period of 2023[26]. - Cash outflow from investment activities in the first three quarters of 2024 is CNY 3,241,754,894.40, an increase of 93.1% from CNY 1,680,382,338.75 in the same period of 2023[26]. - The net increase in cash and cash equivalents for the first three quarters of 2024 is CNY -598,985,994.30, compared to CNY -146,890,788.01 in the same period of 2023[27]. - Cash and cash equivalents at the end of Q3 2024 amount to ¥1,698,031,531.25, down from ¥2,087,928,949.63 at the end of Q3 2023[35]. Shareholder Information - As of September 30, 2024, the total number of ordinary shareholders is 145,998[9]. - The top shareholder, Hong Kong Central Clearing (Agent), holds 533,553,000 shares, representing 18.07% of total shares[10]. - Shanghai大众企业管理有限公司 holds 495,143,859 shares, accounting for 16.77% of total shares, with 327,000,000 shares pledged[10]. Other Financial Metrics - The weighted average return on equity for Q3 2024 increased by 2.99 percentage points compared to the previous year[8]. - The company reported investment income of CNY 161,058,233.83 for the first three quarters of 2024, down from CNY 435,702,128.22 in the same period of 2023, a decline of 63.0%[21]. - The company’s contract liabilities increased to CNY 1,023,099,022.21 from CNY 832,876,523.68, reflecting a growth of 22.9%[16]. - Other comprehensive income attributable to the parent company for the first three quarters of 2024 is CNY 18,993,191.45, a significant recovery from CNY -45,438,764.31 in the same period of 2023[23]. - Financial expenses for the first three quarters of 2024 were CNY 102,017,035.15, up from CNY 83,448,259.24 in 2023, reflecting an increase of 22.5%[32].
大众公用(01635) - 2024 - 中期财报
2024-09-16 08:55
2024 中期報告 INTERIM REPORT 版 DaZhong Public Utilities 股 份 代 號 : 1635 Stock Code: 1635 上海大眾公用事業 (集團) 股份有限公司 SHANGHAI DAZHONG PUBLIC UTILITIES (GROUP) CO.,LTD. (於中華人民共和國註冊成立的股份有限公司) (a joint stock company incorporated in the People's Republic of China with limited lability) I. The Board, the Board of Supervisors, Directors, Supervisors and senior management of the Company confirm that the contents in this interim report are true, accurate and complete and have no false representations, misleading statements or ...
大众公用(01635) - 2024 - 中期业绩
2024-08-29 11:37
Financial Performance - Revenue for the first half of 2024 reached RMB 3,661,016, an increase of 2.94% compared to RMB 3,556,583 in the same period last year[37]. - Net profit attributable to owners of the Company decreased by 74.42% to RMB 122,156 from RMB 477,521 in the corresponding period last year[37]. - Basic and diluted earnings per share both fell by 74.42% to RMB 0.04 from RMB 0.16 in the same period last year[41]. - Net cash flows from operating activities decreased by 13.19% to RMB 292,227 compared to RMB 336,619 in the same period last year[37]. - Net assets attributable to owners of the Company increased by 0.32% to RMB 8,289,254 from RMB 8,262,791 at the end of last year[37]. - Total assets increased by 0.23% to RMB 22,573,276 from RMB 22,521,687 at the end of last year[37]. - Cost of sales increased to RMB 3,038,820,000, up 2.92% from RMB 2,952,712,000 year-on-year[103]. - Administrative expenses rose by 18.88% to RMB 221,470,000, compared to RMB 186,298,000 in the previous year[103]. - Financing costs decreased by 18.34% to RMB 131,852,000, down from RMB 161,457,000 in the same period last year[103]. - Investment income for the reporting period was RMB 50,345,000, a significant recovery from a loss of RMB 119,982,000 in the same period last year[110]. - Share of results from associates and joint ventures decreased by 94.74% to RMB 28,394,000, down from RMB 539,520,000 year-on-year[110]. - Income tax expense increased by 32.18% to RMB 98,136,000, compared to RMB 74,246,000 in the previous year due to higher taxable income[110]. Corporate Governance and Compliance - The company confirms that the contents of the interim report are true, accurate, and complete, with no false representations or material omissions[8]. - The financial reports in the interim report are warranted for truthfulness, accuracy, and completeness by the responsible persons[8]. - The company is committed to transparency and compliance with the Hong Kong Listing Rules[22]. - The company has a strong governance structure with a diverse board of directors and supervisors[28]. - The company has established various committees, including the Audit Committee and the Strategic Development Committee[29]. - The Audit Committee reviewed the interim results announcement for the six months ended June 30, 2024[157]. Risk Management - There were no material risks identified during the reporting period, and potential risks have been detailed in the report[10]. - The company faces risks related to exchange rate fluctuations, particularly with funds raised in USD, which could lead to exchange losses[138]. - Safety risks associated with natural gas management are a concern, as improper handling could lead to severe accidents affecting both people and property[140]. - The company has not engaged in any non-operating appropriation of funds by controlling shareholders or related parties[7]. - There were no external guarantees provided in violation of stipulated decision-making procedures[7]. Business Operations and Strategy - The company is focused on expanding its operations in the utilities sector, particularly in gas and water services[22]. - The company aims to enhance its market position through strategic development and ESG initiatives[29]. - The public utilities business, particularly in the city gas sector, has focused on safety management and quality improvement, enhancing corporate management practices[78]. - The Company operates 9 sewage treatment plants with a total treatment capacity of 0.44 million tons per day[46]. - The Company is engaged in city gas business, focusing on residential and commercial gas supply through self-built urban pipeline networks[45]. - The Company has two holding gas subsidiaries and two equity-participating gas companies, enhancing its influence in Shanghai and the Yangtze River Delta region[45]. - The urban transportation business, operated by Dazhong Transportation, includes taxi operation, car rental, and integrated transportation support services[52]. - Dazhong Logistics is the largest specialized LPG distributor in Shanghai, providing integrated solutions for cargo transportation and licensed to transport hazardous goods[52]. - The non-banking financial services segment saw rapid development in supply chain finance and steady advancement in factoring business[53]. - The venture capital segment, through Dazhong Capital and other platforms, focuses on multi-domain investments including PE, M&A, and secondary market private placements[54]. - The company is actively pursuing energy and capacity expansion projects, with feasibility study reports passing expert reviews[86]. - Dazhong Financial Leasing is expanding its business in consumer finance and platform finance, with rapid development in supply chain finance and breakthroughs in vehicle installment projects[92]. - The company is enhancing internal control management and operational efficiency through fine management and regular self-inspection[84]. - Dazhong is committed to workplace safety, implementing safety responsibility systems and conducting emergency drills across all business segments[97]. - The company is strengthening post-investment management, ensuring smooth operation of direct investment projects and formulating exit plans to control risks[96]. - Dazhong is accelerating digital transformation and optimizing service initiatives to drive business growth and improve management effectiveness[81]. Future Outlook and Plans - The Group's business outlook for 2024 remains unchanged compared to the information disclosed in the 2023 annual report[147]. - The company has closely monitored market conditions and expects to utilize the remaining proceeds by the end of 2024, adjusting timelines based on market environments[177]. - The company plans to continue investing in pollutant treatment systems and upgrading sewage treatment equipment to enhance environmental governance capabilities[130]. - The company has a remaining balance of HK$468.52 million in unutilized net proceeds, expected to be utilized by December 31, 2024[174]. Employee and Management Information - As of June 30, 2024, the Group had 2,855 employees, with employee costs amounting to RMB 415.12 million[156]. - The remuneration of Directors, Supervisors, and senior management is determined based on the Company's performance and audited annual financial statements[149]. Shareholder Information - The Board did not propose any interim dividends for the six months ended June 30, 2024[158]. - The total net proceeds from the public offering of H Shares amounted to approximately HK$1,619.5 million[165]. - The company allocated 65% of the net proceeds (HK$1,052.70 million) for investment in public utility projects, with HK$990.40 million already utilized by June 30, 2024[174]. - For investments in equity projects related to the public utility industry chain, 25% of the net proceeds (HK$404.90 million) was designated, with only HK$17.33 million utilized so far[174]. - The original plan for the use of proceeds raised from H Shares was adjusted to invest in equity projects related to the public utility industry chain, approved by shareholders on December 28, 2020[170]. Meeting and Resolutions - The 2023 annual general meeting is scheduled for June 18, 2024, with 17 resolutions including the Work Report of the Board of Directors for the Year 2023 to be considered[199]. - The 2024 First H Share Class Meeting will also take place on June 18, 2024, where 4 resolutions including the Amendment to the Articles of Association will be approved[199].
大众公用(01635) - 2024 Q1 - 季度业绩
2024-04-29 11:59
Financial Performance - The company's operating revenue for Q1 2024 was CNY 2,166,698,799.22, representing a year-on-year increase of 0.95%[3] - Net profit attributable to shareholders of the listed company decreased by 89.34% to CNY 27,680,914.58 compared to the same period last year[3] - The net profit attributable to shareholders after deducting non-recurring gains and losses also saw a decline of 89.08%, amounting to CNY 33,499,324.66[3] - Basic and diluted earnings per share were both CNY 0.009376, reflecting a decrease of 89.34%[3] - The weighted average return on equity decreased by 2.78 percentage points to 0.33%[3] - Net profit for Q1 2024 decreased to CNY 84,108,155.47, down from CNY 303,374,518.53 in Q1 2023, reflecting a decline of about 72.3%[17] - Earnings per share for Q1 2024 was CNY 0.009376, compared to CNY 0.087972 in Q1 2023, indicating a significant drop in profitability per share[18] - The comprehensive income total for Q1 2024 was CNY 32,935,606.10, down from CNY 162,403,578.88 in Q1 2023, a decrease of 79.8%[27] Cash Flow - The net cash flow from operating activities was CNY 130,352,749.70, down 70.58% year-on-year[3] - In Q1 2024, the company reported cash inflows from operating activities of RMB 2,290,569,860.54, a slight increase from RMB 2,267,449,679.95 in Q1 2023, representing a growth of approximately 1.0%[19] - Cash outflows for purchasing goods and services in Q1 2024 amounted to RMB 1,872,499,787.03, compared to RMB 1,481,136,907.86 in Q1 2023, indicating a significant increase of about 26.4%[19] - The company reported a decrease in cash flow from operating activities net amounting to RMB -252,605,204.50 in Q1 2024, compared to a positive cash flow of RMB 1,403,207,261.79 in Q1 2023[21] - The company's cash and cash equivalents decreased to RMB 2,937,397,879.15 by the end of Q1 2024, down from RMB 4,357,589,576.70 at the end of Q1 2023, a decline of about 32.5%[21] - The net increase in cash and cash equivalents was negative at ¥–21,588,553.45 in Q1 2024, compared to a positive increase of ¥1,362,328,417.67 in Q1 2023[30] Assets and Liabilities - Total assets at the end of the reporting period were CNY 22,984,597,138.31, an increase of 0.66% from the end of the previous year[3] - Total liabilities increased to CNY 8,197,665,932.33 as of March 31, 2024, compared to CNY 8,093,750,839.64 at the end of 2023, reflecting a growth of 1.3%[24] - The total assets reached CNY 15,110,526,624.46 as of March 31, 2024, up from CNY 14,973,840,335.47 at the end of 2023, indicating a growth of 0.9%[24] - Total current assets as of March 31, 2024, reached RMB 2,990,361,886.89, up from RMB 2,781,434,536.56 as of December 31, 2023, reflecting an increase of approximately 7.5%[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 141,802[7] - The top 10 shareholders hold a total of 1,303,000,000 shares, representing approximately 43.36% of the total shares outstanding[8] - Shanghai大众企业管理有限公司 holds 495,143,859 shares, accounting for 16.77% of the total shares, with 352,000,000 shares pledged[8] - The company reported a total of 61,178,000 H shares held by Shanghai大众企业管理有限公司 as of March 31, 2024, which is approximately 18.84% of the total issued shares[9] Investment Performance - Investment income for Q1 2024 showed a loss of CNY 10,344,666.05, contrasting with a profit of CNY 300,440,506.76 in Q1 2023, indicating a significant downturn in investment performance[15] - The company reported investment income of CNY 62,767,399.77 in Q1 2024, down from CNY 273,203,724.19 in Q1 2023, a decline of 77.0%[26] Financial Expenses - The company reported a decrease in financial expenses, with Q1 2024 financial costs at CNY 32,789,953.85, down from CNY 79,873,182.17 in Q1 2023, indicating a reduction of approximately 59%[15] - The financial expenses for Q1 2024 were CNY 19,718,690.24, significantly reduced from CNY 63,924,402.32 in Q1 2023, showing a decrease of 69.1%[26]
大众公用(01635) - 2023 - 年度财报
2024-04-25 14:43
大众公用 DaZhong Public Utilities 股 份 代 號 : 1635 Stock Code: 1635 上海大眾公用事業 (集團) 股份有限公司 | --- | --- | --- | --- | --- | |----------------------------------------------------------------------------------------------------------------------------------------|-------|-------|-------|-------| | | | | | | | SHANGHAI DAZHONG PUBLIC UTILITIES (GROUP) CO.,LTD. | | | | | | (於中華人民共和國註冊成立的股份有限公司) (a joint stock company incorporated in the People's Republic of China with Ilmited Ilability) | | | | | | 2023 # | | | | | | 年 ...
大众公用(01635) - 2023 - 年度业绩
2024-03-28 13:39
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告之內容概不負責,對其 準確性或完整性亦不發表任何聲明,並明確表示,概不對因本公告全部或任何部份內容 而產生或因倚賴該等內容而引致之任何損失承擔任何責任。 上海大眾公用事業(集團)股份有限公司 Shanghai Dazhong Public Utilities (Group) Co., Ltd.* (於中華人民共和國註冊成立的股份有限公司) (股份代號:1635) 截至2023年12月31日止年度之業績公告 | --- | |--------------------------------------------------------------------------------------------------------------------------| | | | 上海大眾公用事業(集團)股份有限公司(「 本公司 」)董事會欣然宣佈本公司及其附屬公 | | 司截至 2023 年 12 月 31 日止年度的經審計業績。本公告列載本公司 2023 年年報全文,並 | | 符合香港聯合交易所有限公司證券上市規則中有關年度業績初步公告附載的資料的要 ...
大众公用(01635) - 2023 Q3 - 季度业绩
2023-10-30 09:30
香港交易及結算所有限公司及香港聯合交易所有限公司對本公告的內容概不負 責,對其準確性或完整性亦不發表任何聲明,並明確表示,概不對因本公告全部 或任何部分內容而產生或因倚賴該等內容而引致的任何損失承擔任何責任。 上 海 大 眾 公 用 事 業(集 團)股 份 有 限 公 司 Shanghai Dazhong Public Utilities (Group) Co., Ltd.* (於中華人民共和國註冊成立的股份有限公司) (股份代號:1635) 2023年第三季度報告 上 海 大 眾 公 用 事 業(集 團)股 份 有 限 公 司(「本公司」或「公 司」)董 事(「董 事」)會(「董 事 會」)欣 然 宣 佈 本 公 司 及 其 子 公 司 截 至2023年9月30日 止9個 月 根 據《中 國 企 業 會 計 準 則》編 制 之 未 經 審 計 業 績。本 公 告 乃 根 據 香 港 聯 合 交 易 所 有 限 公 司 證 券 上 市 規則第13.09及13.10B條及香港法例第571章證券及期貨條例第XIVA部之內幕消息 條文作出。 承董事會命 上 海 大 眾 公 用 事 業(集 團)股 份 有 限 公 司 ...
大众公用(01635) - 2023 - 中期财报
2023-09-14 08:37
Company Overview - The company is a joint-stock entity incorporated in China, listed on the Shanghai Stock Exchange[9]. - The company was established on January 1, 1992, and operates under the corporate governance code[9]. - Shanghai Dazhong Transportation (Group) Co., Ltd. has been listed on the Shanghai Stock Exchange since August 7, 1992, with A shares and July 22, 1992, for B shares[11]. - The company is 90% owned by the Shanghai Dazhong Business Management Employee Share Ownership Committee and 10% by independent third-party shareholders[11]. - Shanghai Dazhong Gas Co., Ltd. was incorporated on September 28, 2001, and is a limited liability company[14]. - Jiangsu Dazhong Water Group Co., Ltd. was established on April 4, 1995, as a limited liability company[12]. - Shanghai Dazhong Financial Leasing Co., Ltd. was incorporated on September 19, 2004[11]. - Nantong Dazhong Gas Co., Ltd. was established on December 11, 2003, as a limited liability company[14]. - Shanghai Dazhong Commercial Factoring Co., Ltd. was incorporated on December 3, 2021[11]. - The company operates multiple subsidiaries, including Dazhong Capital and Dazhong Logistics, which were established in 2010 and 1999, respectively[11]. Financial Performance - Revenue for the first half of 2023 reached RMB 3,556,583, representing a 12.81% increase compared to RMB 3,152,730 in the same period last year[19]. - Net profit attributable to owners of the Company was RMB 477,521, a significant recovery from a loss of RMB 150,752 in the corresponding period last year[19]. - Net cash flows from operating activities decreased by 40.61%, totaling RMB 336,619 compared to RMB 566,774 in the previous year[19]. - Net assets attributable to owners of the Company increased by 4.46% to RMB 8,545,330 from RMB 8,180,577 at the end of last year[19]. - Total assets grew by 1.36% to RMB 23,562,706 from RMB 23,245,923 at the end of last year[19]. - Basic earnings per share improved to RMB 0.16 from a loss of RMB 0.05 in the same period last year[21]. - Diluted earnings per share also improved to RMB 0.16 from a loss of RMB 0.05 in the corresponding period last year[21]. - The weighted average return on net assets increased by 6.47 percentage points to 5.83% from (0.64%) in the previous year[21]. - The company achieved a revenue of RMB 3,557 million in the reporting period, representing a year-on-year increase of 12.81%[51]. - Net profits attributable to owners of the listed company reached RMB 478 million, an increase of RMB 628 million year-on-year[51]. - Basic earnings per share were RMB 0.16, up RMB 0.21 per share compared to the previous year[51]. Business Operations - The company primarily engages in city gas, wastewater treatment, urban transportation, infrastructure investment and operation, logistics and transport, and financial investment businesses, with no material change in its principal business during the reporting period[22]. - The natural gas consumption in city gas is increasing year by year, driven by urbanization and the "coal-to-gas" environmental protection policy, which is expected to further narrow the gap between gas supply and sales[22]. - The company is transitioning from singular natural gas energy supply to integrated energy services, including photovoltaic and hydrogen, to meet diversified energy needs[25]. - The company operates 9 wastewater treatment plants with a total capacity of 440,000 tons per day, achieving a daily treatment capacity of 175,000 tons in one plant[32]. - Dazhong Logistics provides LPG delivery services to 14 administrative regions in Shanghai, billing customers based on unit price per cylinder and actual quantities carried[38]. - Dazhong Financial Leasing's To-C business mainly consists of consumer installment credit for mobile phones and motor vehicles, contributing to its revenue[40]. Risk Management - There were no material risks identified during the reporting period, and potential risks are detailed in the management discussion section[6]. - The risk of unexpected fluctuations in natural gas prices could significantly impact the company's business results due to the cross-subsidization model in pricing policies[86]. - The company faces potential risks from changes to environmental protection policies, which may impose additional operational pressures[86]. - Safety risks associated with natural gas operations include the potential for explosions and leaks due to aging pipeline networks[88]. - The company is closely monitoring exchange rate fluctuations, particularly the RMB/USD exchange rate, to mitigate potential exchange losses[93][95]. - The Company faces risks related to fluctuations in financial market prices, which could impact the value of its financial assets and investment income[93][95]. Corporate Governance - The company confirmed that the interim report's contents are true, accurate, and complete, with no material omissions[2]. - The interim report is unaudited, and all directors attended the board meetings[2]. - The company has established a strong corporate governance structure, ensuring compliance with relevant laws and regulations[47]. - The Company has not recommended any interim dividends for the reporting period[98]. - The proposed changes in the use of proceeds were approved by shareholders at the annual general meeting[109]. Investment and Financing - The company plans to continue expanding its investments in joint ventures and enhancing its equity investment strategy[78]. - The company successfully issued RMB 1 billion worth of corporate bonds in the first half of 2023, achieving the lowest nominal interest rate since 2012[46]. - The company has a diversified financing capability, enhancing its financial innovation efforts in consumer installment credit[46]. - The Group's total bank borrowings were approximately RMB 3,860.08 million, a decrease of 1.76% from RMB 3,929.18 million as of December 31, 2022[113]. - The Group's gearing ratio was 88.17% as of June 30, 2023, representing a decrease of 4.63 percentage points from 92.80% as of December 31, 2022[114]. Environmental and Social Responsibility - The company is committed to upgrading wastewater treatment facilities and introducing new technologies to enhance environmental management capabilities[89]. - The Company emphasizes the importance of workplace safety and adheres to national safety policies to prevent gas-related accidents[92][93]. - The government is pushing for full coverage of urban sewage pipeline networks and advancing the integration of domestic sewage collection and treatment facilities[28]. - The company regularly upgrades sewage treatment equipment and incorporates new technologies to enhance environmental improvement capabilities[87]. Future Outlook - The company aims to expand its market presence and enhance its service offerings through strategic investments and partnerships[12]. - The company is actively controlling investment scale in non-core projects and is cautiously evaluating new investment opportunities due to the overall economic environment[59]. - The expected timeline for utilizing the remaining net proceeds is by December 31, 2024[110].