元亨燃气2025中期报告

The Board of Directors (“the Board”) of Yuan Heng Gas Holdings Limited(the“Company”)is pleased to announce the unaudited consolidatedinterim results of the Company and its subsidiaries (the “Group”) for thesix months ended 30 September 2024 (the “Period”), together with thecomparative figures, as follows: Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income簡 明 綜 合 損 益 及 其 他 全 面 收 入 報 表 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income簡 明 綜 合 損 益 及 其 他 全 面 收 入 報 表 Condensed Consolidated Statement of Profit or Loss and Other Comprehensive Income簡 明 綜 合 損 益 及 其 他 全 面 收 入 報 表 Condensed Consolidated Statement of Financial Position簡 明 綜 合 財 務 狀 況 報 表 NON-CURRENT ASSETSProperty, plant and equipmentRight-of-use assetsGoodwillInterests in associatesDerivative financial instrumentDeferred tax assets InventoriesTrade and other receivablesContract assetsAmount due from associatesAmounts due from non-controllingequity owners of subsidiariesRetained interest in thedeconsolidated subsidiaryTax recoverablePledged bank depositsBank balances and cash Contract liabilitiesAmounts due to associatesTax payableBank and other borrowings duewithin one yearFinancial guarantee contract liabilitiesLease liabilitiesGuaranteed notes Condensed Consolidated Statement of Changes in Equity簡 明 綜 合 權 益 變 動 報 表 Condensed Consolidated Statement of Changes in Equity簡 明 綜 合 權 益 變 動 報 表 Notes: (a)Other reserve of the Group mainly represents (i) the financial impactofadopting merger accounting for the acquisition of Union HonorLimited(“UHL”)and its subsidiaries;and(ii)a debit arising fromthedeemed distribution to shareholder which represents the cashconsideration of the acquisition of UHL of HK$70,000,000 (equivalenttoRMB55,595,000)paid to the vendor during the year ended 31March 2014. (a)(i)(ii)70,000,00055,595,000 10%50%25% (b)In accordance with the relevant laws and regulations of the People’sRepublicof China(the“PRC”)and the Articles of Association ofcertain subsidiaries of the Company, they are required to provide forPRC statutory reserves, by way of appropriations from their respectivestatutory net profit (based on their PRC statutory financial statements)but before dividend distributions. They are required to transfer 10%of the profit after taxation to the statutory reserves. The appropriationtothe statutory surplus reserve may cease if the balance of thestatutory surplus reserve has reached 50% of the registered capitalof the relevant companies. The statutory surplus reserve can be usedto make up prior year losses, if any, and can be applied in conversionintocapital by means of a capitalisation issue.However,whenconvertingthe statutory surplus reserve into capital,the remainingbalance of such reserve must not be less than 25% of the registeredcapital of the relevant companies. (c) (c)Pursuantto the relevant PRC regulation,certain subsidiaries arerequired to transfer a certain percentage based on a progressive rateon revenue generated from manufacturing and transportation of gasor other dangerous chemicals into a designated fund. The fund will beused for installation and repairs and maintenance of safety facilities.The movement during the period represents the difference betweenthe amounts provided based on the relevant PRC regulation and theamount utilised during the period. Condensed Consolidated Statement of Cash Flows簡 明 綜 合 現 金 流 量 報 表 Notes to the Unaudited Condensed Consolidated Financial Statements未 經 審 核 簡 明 綜 合 財 務 報 表 附 註 1. 1.BASIS OF PREPARATION 34D2 Theunaudited condensed consolidated financialstatementshave been prepared in accordance withHong Kong Accounting Standard (the “HKAS”) No. 34“Interim Financial Reporting” issued by the Hong KongInstitute of Certified Public Accountants (the “HKICPA”)andthe applicable disclosure requirements set outinAppendix D2 to the Rules Governing the ListingofSecurities on The Stock Exchange of Hong KongLimited (the “Stock Exchange”). 116,029,00028,358,000681,347,000717,381,000 TheGroup reported a consolidated loss attributablet oo w n e r s o f t h e C o m p a n y o f a p p r o x i m a t e l yR M B 1 1 6 , 0 2 9 , 0 0 0f o r t h e s i x m o n t h s e n d e d30September 2024(for the six months ended3 0S e p t e m b e r 2 0 2 3 :p r o f i t o f a p p r o x i m a t e l yRMB28,358,000)and as at 30 September 2024theGroup had net current assets of approximatelyRMB681,347,000 (As at 31 March 2024: approximatelyRMB717,381,000). Going concern basis 117,265,00017,261,0001,202,563,000176,993,0005,252,000 For the six-month period ended 30 September 2024,theGroup recorded a net loss of approximatelyR M B 1 1 7 , 2 6 5 , 0 0 0a n d a n e t o p e r a t i n g c a s houtflowof approximately RMB17,261,000.As at 30September2024,the total amount of the Group’sbankborrowings and financial guarantee contractliabilitieswas approximately RMB1,202,563,000 andthe amount of the guaranteed notes was approximatelyRMB176,993,000,which wi