中民控股2023年报

Contents 3Management Discussion and Analysis 14Condensed Consolidated Statement of Profit or Lossand Other Comprehensive Income 16Condensed Consolidated Statement of Financial Position 18Condensed Consolidated Statement of Changes in Equity 20Condensed Consolidated Statement of Cash Flows 21Notes to the Condensed Consolidated Financial Statements Corporate Information Management Discussion and Analysis The board (the “Board”) of directors (the “Director(s)”) ofChinese People Holdings Company Limited (the “Company”)is hereby to announce the unaudited condensed consolidatedfinancialstatements of the Company and its subsidiaries(collectively the “Group”) for the six months ended 30 June2023 (the “Period” or “Reporting Period”). 20236 30 BUSINESS REVIEW 2023 In the first half of 2023, affected by factors including warmertemperaturesin the heating season and global economicslowdown,the supply and demand tension has beensignificantly eased in the international natural gas market. Asthe marginal effect of geopolitics such as the Ukrainian crisis onthe international energy market has weakened, the natural gasmarket in China has been generally under stable development. In the first half of 2023, the consumption of domestic naturalgas was approximately 194.1 billion m3, representing a year-on-yearincrease of approximately 5.6%;the natural gasproduction was approximately 115.5 billion m3, representinga year-on-year increase of approximately 5.4%; the importednatural gas was approximately 79.4 billion m3, representinga year-on-year increase of approximately 5.8%, of which thepiped gas was approximately 33.2 billion m3, and LNG wasapproximately 46.2 billion m3. 20231,9415.6%1,1555.4%7945.8%332LNG462 12.86202214.7712.93%79.64202216.68377.46%0.7620220.0512.74%202210.42%2.32 As of the Period, the revenue of the Group amounted toapproximately RMB1,286 million (2022: RMB1,477 million),representing a decrease of approximately 12.93% as comparedwith the corresponding period of last year, while profit oftheGroup for the Period was approximately RMB79.64million (2022: RMB16.68 million), representing an increase ofapproximately 377.46% as compared with the correspondingperiod of last year, which was mainly due to the profit ofshare of results of joint ventures. Basic earnings per share ofthe Company was RMB0.76 cents (2022: RMB0.05 cents). Theoverall gross profit margin of the Group was approximately12.74%(2022:10.42%),representing an increase ofapproximately 2.32 percentage point as compared with thecorresponding period of last year. The increase in gross profitmargin was mainly attributable to the decrease in cost of salesand services. Management Discussion and Analysis BUSINESS REVIEW(Continued) Piped Gas Transmission and Distribution Business 552,977,0006 8 , 5 5 6 , 0 0 014.15%43.01%202232.79%1 2 . 1 2 %2 0 2 216.12% Piped gas transmission and distribution business is one of ourmain businesses and our main source of income. For the Period,revenueof approximately RMB552,977,000 was recordedfrom our piped gas transmission and distribution business,representingan increase of approximately RMB68,556,000or 14.15% as compared with the corresponding period oflast year, which accounted for approximately 43.01% (2022:32.79%)of our total revenue.The gross profit margin ofpiped gas transmission and distribution business for the Periodwas approximately 12.12% (2022: 16.12%). The decrease ingross profit margin of piped gas transmission and distributionbusiness was mainly due to increase in cost affected. Piped Gas Connection 6 8 , 5 1 1 , 0 0 022,296,00048.24%12.39%20229.54%14,44035020236 30552,79511,8796.38%6.78% During the Period, revenue from piped gas connection wasapproximately RMB68,511,000, representing an increase ofapproximately RMB22,296,000 or 48.24% as compared withthecorresponding period of last year,which representedapproximately 12.39% (2022: 9.54%) of the total revenue ofthe piped gas transmission and distribution business. Duringthe Period, there was an addition of 14,440 units of connectedresidential household customers and 350 units of connectedcommercialand industrial(“C/I”)customers,respectively.As of 30 June 2023, the accumulated number of connectedresidential household customers was 552,795 units; and theaccumulated number of connected C/I customers was 11,879units, representing an increase of approximately 6.38% and6.78%, respectively as compared with the corresponding periodof last year. Management Discussion and Analysis BUSINESS REVIEW(Continued) Piped Gas Transmission and Distribution Business(Continued) Piped Gas Sales 484,466,00046,260,00010.56%8 7 . 6 1 %2 0 2 290.46%22,243202220,22110.00%6,80120226,6322.55%15,44220221 3 , 5 8 913.64% Duringthe Period,revenue from piped gas sales wasapproximately RMB484,466,000, representing an increase ofapproximately RMB46,260,000 or 10.56% as compared withthe corresponding period of last year. The increase in revenuewas mainly due to the in