Turnover Breakdown by Principal Activities (Year ended 31 March)
-
Connection fee
-
Sales of Liquefied Petroleum Gas (LPG)
-
Sales of piped gas
-
Others
Natural Gas Sales Breaksown (Year ended 31 March)
-
Residential users
-
Industrial and commercial users
-
CNG vehicles
Profit Attributable to Shareholders (Year ended 31 March)
Debt Maturity Profile
| As at 31 March (HK$'000) | Less than one year | More than one year |
|---|---|---|
| 2009 | 3,103,855* | 7,194,067 |
| 2008 | 157,061 | 5,624,454 |
* Of the amount, the discounted bills and trust receipts of Zhongyou Hua Dian amounted to HK$2,255,659,000.
Total Assets (As at 31 March)
Financial ratios and Data
| As at 31 March | 2009 | 2008(Restated) |
|---|---|---|
| Current Ratio* | 1.39 | 2.19 |
| Net Gearing Ratio** | 137% | 121% |
| Return on Average Equity# | 4.21% | 6.82% |
| Return on Asset# | 0.74% | 1.66% |
| Net Assets Value (HK$'000) | 4,017,271 | 3,686,007 |
| Cash on Hand (HK$'000) | 2,896,457 | 1,674,641 |
* After deducting the import letter of credit and trust receipt loans of Zhongyou Hua Dian amounting to HK$2,122,318,000
** After deducting the discounted bills and trust receipts of Zhongyou Hua Dian amounting to HK$2,255,659,000
# Under the impact of fair value adjustments of financial derivatives, HK$366,320,000 of negative fair value change of the interest rate swap contracts were accounted for as an expense
Turnover Breakdown by Principal Activities (6 months ended 30 September)
-
Connection fee
-
Sales of piped gas
-
Others
Natural Gas Sales Breaksown (6 months ended 30 September)
-
Residential users
-
Industrial and commercial users
-
CNG vehicles
Profit Attributable to Shareholders (6 months ended 30 September)
Debt Maturity Profile
| As at 30 September (HK$'000) | Less than one year | More than one year |
|---|---|---|
| 2008 | 1,056,274* | 6,924,219 |
| 2007 | 1,908,132 | 2,573,234 |
* Most of this short term debt was Zhongyou Huadian's 30-60 day Letter of Credit financing for its LPG import business.
Total Assets (As at 30 September)
Financial ratios and Data
| As at 30 September | 2008 | 2007 |
|---|---|---|
| Current Ratio | 1.03* | 1.15 |
| Net Gearing Ratio# | 114% | 109% |
| Return on Average Equity | 12.43% | 2.57% |
| Return on Asset | 2.47% | 0.80% |
| Net Assets Value (HK$'000) | 4,659,161 | 3,183,850 |
| Cash on Hand (HK$'000) | 3,019,729 | 1,428,956 |
* Remarks: Lower current ratio is primarily due to the short-tenor 30-60 days Letter of Credit financing of Zhongyou Huadian for its LPG import businiess
# Net Gearing Ratio is calculated based on net borrowings (total borrowing less bank balance and cash) and the Shareholdre's funds
Turnover Breakdown by Principal Activities (Year ended 31 March)
-
Connection fee
-
Sales of piped gas
-
Others
Natural Gas Sales Breaksown (Year ended 31 March)
-
Residential users
-
Industrial and commercial users
-
CNG vehicles
Profit Attributable to Shareholders (Year ended 31 March)
If the non-cash and non-operating reduction in the fair value of financial derivatives and provisions were not taken into calculation so as to look at the actual operating performance of the Group during the review period,profit attributable to shareholders for the year was HK389,268,000.
Debt Maturity Profile
| As at 31 March (HK$'000) | Less than one year | More than one year |
|---|---|---|
| 2008 | 157,061 | 5,624,454 |
| 2007 | 686,781 | 2,242,452 |
Total Assets (As at 31 March)
Financial ratios and Data
| As at 31 March | 2007 | 2008 |
|---|---|---|
| Current Ratio | 1.65 | 2.19 |
| Net Gearing Ratio | 74% | 121% |
| Return on Average Equity# | 11.30% | 4.37% |
| Return on Asset# | 3.23% | 1.47% |
| Net Assets Value (HK$'000) | 2,692,805 | 3,675,460 |
| Cash on Hand (HK$'000) | 1,512,347 | 1,674,641 |
* Remarks: Net Gearing Ratio is calculated based on net borrowings (total borrowing less bank balance and cash) and the Shareholder's funds.
# Under the impact of fair value adjustments, HK$166,884,000 of fair value change of the US$40million convertible bonds and other financial derivative instruments were accounted for as an expense. Besides, HK$136,813,000 provisions were made from customers for contract work and trade receivables.
Natural Gas Sales Breaksown (6 months ended 30 September)
-
Residential users
-
Industrial and commercial users
-
CNG vehicles
Profit Attributable to Shareholders (6 months ended 30 September)
Debt Maturity Profile
| As at 30 September (HK$'000) | Less than one year | More than one year |
|---|---|---|
| 2007 | 1,908,132 | 2,573,234 |
| 2006 | 729,670 | 1,914,029 |
Total Assets (As at 30 September)
Financial Ratios and Data
| As at 30 September | 2007 | 2006 |
|---|---|---|
| Current Ratio | 1.15 | 2.53 |
| Net Gearing Ratio | 109% | 57% |
| Return on Average Equity | 2.30% | 4.67% |
| Return on Asset | 0.80% | 1.39% |
| Net Assets Value (HK$'000) | 3,183,850 | 2,681,220 |
| Cash on Hand (HK$'000) | 1,428,956 | 1,512,347 |
* Remarks: Net Gearing Ratio is calculated based on net borrowings (total borrowing less bank balance and cash) and the Shareholder's funds.
# Under the impact of fair value adjustments, HK$135,956,000 of fair value change of the US$40 million convertible bonds and other financial derivative instruments was accounted for as an expense.
- Connection fee
- Sales of natural gas
- Sales of other gas
- Others
- Residential users
- Industrial and commercial users
- CNG vehicles
- Others Users
| As at 31 March (HK$'000) | Less than one year | From 1st year to 2nd year | From 2nd year to 5th year | More than five years |
|---|---|---|---|---|
| 2007 | 686,781 | 245,180 | 1,130,856 | 866,414 |
| 2006 | 345,662 | 192,217 | 906,727 | 866,846 |
| As at 31 March | 2006 | 2007 |
|---|---|---|
| Current Ratio | 3.37 | 1.65 |
| Net Gearing Ratio | 0.38 | 0.75 |
| Return on Equity | 10.98% | 9.02% |
| Return on Asset | 3.99% | 3.07% |
| Net Assets Value (HK$'000) | 2,120,766 | 2,681,220 |
| Cash on Hand (HK$'000) | 1,727,130 | 1,512,347 |
* Remarks: Net Gearing Ratio is calculated based on net borrowings(total borrowing less bank balance and cash) and the Shareholder's funds.
Turnover Breakdown by Principal Activities (6-month ended 30 September)
-
Gas Pipeline Connection fee
-
Sales of piped gas for industrial/commercial users
-
Sales of piped gas for residential users
-
Others
Profit Attributable to Shareholders (6-month ended 30 September)
Debt Maturity Profile
| As at 30 September (HK$'000) | Less than one year | More than one year |
|---|---|---|
| 2005 | 64,291 | 1,626,526 |
| 2006 | 729,670 | 1,914,029 |
Total Assets (As at 30 September)
Financial ratios and Data
| As at 30 September | 2005 | 2006 |
|---|---|---|
| Current Ratio | 7.94 | 2.53 |
| Net Gearing Ratio | 0.36 | 0.57 |
| Return on Equity | 2.50% | 4.55% |
| Return on Asset | 1.04% | 1.72% |
| Net Assets Value (HK$'000) | 2,120,766 | 2,229,193 |
| Cash on Hand (HK$'000) | 1,601,881 | 1,916,991 |
* Remarks: Net Gearing Ratio is calculated based on net borrowings(total borrowing less bank balance and cash) and the net assets.
Turnover Breakdown by Principal Activities (Year ended 31 March)
-
Gas Pipeline Connection fee
-
Sales of piped gas for industrial/commercial users
-
Sales of piped gas for residential users
-
Others
Profit Attributable to Shareholders (Year ended 31 March)
Debt Maturity Profile
| As at 31 March (HK$'000) | Less than one year | More than one year |
|---|---|---|
| 2006 | 345,662 | 1,665,790 |
| 2005 | 172,928 | 1,150,518 |
Total Assets (As at 31 March)
Turnover Breakdown by Principal Activities (6-month ended 30 September)
-
Gas Pipeline Connection fee
-
Others
-
Sales of piped gas for industrial/commercial users
-
Sales of piped gas for residential users
Profit Attributable to Shareholders (6-month ended 30 September)
Debt Maturity Profile
| As at 30 September (HK$'000) | Less than one year | More than one year |
|---|---|---|
| 2006 | 64,291 | 1,626,526 |
| 2005 | 293,333 | 466,642 |
Total Assets (As at 30 September)
- Gas Pipeline Connection fee
- Others
- Sales of piped gas for industrial/commercial users
- Sales of piped gas for residential users
| As at 31 March (HK$'000) | Less than one year | More than one year |
|---|---|---|
| 2005 | 172,928 | 1,150,518 |
| 2004 | 278,489 | 313,230 |
