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通宝能源(600780) - 2023 Q1 - 季度财报
2023-04-26 16:00
Financial Performance - The company's operating revenue for the first quarter reached CNY 3,010,823,355.58, representing an increase of 8.49% compared to the previous period[3] - Net profit attributable to shareholders of the listed company was CNY 237,476,968.68, a decrease of 11.35% year-on-year[3] - Basic earnings per share were CNY 0.2071, down by 11.38% compared to the same period last year[3] - Total operating revenue for Q1 2023 reached ¥3,010,823,355.58, an increase of 8.5% compared to ¥2,775,233,352.79 in Q1 2022[23] - Net profit for Q1 2023 was ¥237,133,399.45, a decrease of 11.4% from ¥267,558,826.43 in Q1 2022[24] - Total comprehensive income for Q1 2023 was ¥237,133,399.45, compared to ¥267,558,826.43 in Q1 2022, reflecting a decline of 11.4%[24] Cash Flow and Liquidity - The net cash flow from operating activities was CNY 376,751,997.65, showing an increase of 21.60%[3] - Cash inflow from operating activities for Q1 2023 was approximately CNY 3.62 billion, up from CNY 2.26 billion in Q1 2022, representing a year-over-year increase of 60%[25] - Net cash outflow from investing activities was CNY -106.32 million in Q1 2023, an improvement from CNY -149.18 million in Q1 2022[27] - Cash inflow from financing activities totaled CNY 240 million in Q1 2023, significantly higher than CNY 32 million in Q1 2022[27] - The net increase in cash and cash equivalents for Q1 2023 was CNY 214.15 million, compared to CNY 57.58 million in Q1 2022, indicating a strong liquidity position[27] - Cash and cash equivalents at the end of Q1 2023 were CNY 2.23 billion, up from CNY 1.71 billion at the end of Q1 2022, showing a year-over-year increase of 30%[27] Assets and Liabilities - Total assets at the end of the reporting period amounted to CNY 10,032,685,605.62, a slight increase of 0.01% from the end of the previous year[3] - The company's total liabilities decreased to ¥3,178,144,423.70 from ¥3,444,480,798.30 year-over-year, a reduction of approximately 7.7%[22] - The company's total liabilities decreased to CNY 3.18 billion as of March 31, 2023, from CNY 3.44 billion at the end of 2022[36] - Total current assets as of March 31, 2023, were CNY 3.50 billion, an increase from CNY 3.42 billion at the end of 2022, indicating a positive trend in asset management[34] Shareholder Information - Shareholders' equity attributable to the listed company was CNY 6,888,653,477.25, reflecting a growth of 4.04% year-on-year[3] - The total number of common shareholders at the end of the reporting period was 33,528[8] - The largest shareholder, Shanxi International Power Group Co., Ltd., holds 57.33% of the shares[8] - Shareholders' equity attributable to the parent company increased to ¥6,888,653,477.25 from ¥6,620,864,213.24, representing a growth of 4.0%[22] - Shareholder equity increased to CNY 6.85 billion as of March 31, 2023, compared to CNY 6.59 billion at the end of 2022, reflecting a growth of approximately 4%[36] Expenses - Total operating costs for Q1 2023 were ¥2,770,664,068.72, up from ¥2,504,077,153.99 in Q1 2022, reflecting a year-over-year increase of 10.6%[23] - Research and development expenses for Q1 2023 were ¥203,246.00, down from ¥287,875.00 in Q1 2022, indicating a decrease of 29.5%[23] - The company reported a financial expense of ¥4,107,035.44 in Q1 2023, significantly lower than ¥8,909,960.51 in Q1 2022, marking a reduction of 53.9%[23] Return on Investment - The weighted average return on net assets decreased by 1.03 percentage points to 3.52%[3] - The company's long-term borrowings increased to ¥270,000,000.00 from ¥120,000,000.00, showing a significant rise of 125.0%[22]
通宝能源(600780) - 2022 Q4 - 年度财报
2023-04-26 16:00
Financial Performance - In 2022, the company generated 5.947 billion kWh of electricity, a year-on-year increase of 6.07%, and sold 18.876 billion kWh, up 7.77%, achieving revenue of 11.118 billion yuan, an increase of 41.98% year-on-year [6]. - The company reported a total revenue of 1.5 billion in 2022, representing a year-over-year increase of 10% [22]. - The net profit attributable to shareholders of the listed company for 2022 was RMB 854.15 million, a significant increase of 358.98% from RMB 186.10 million in 2021 [74]. - The basic earnings per share for 2022 was RMB 0.7450, reflecting a growth of 359.03% compared to RMB 0.1623 in 2021 [78]. - The company's total assets amounted to 10.032 billion RMB, up 17.03% from the beginning of the year [101]. - The total operating revenue for 2022 reached ¥11,118,451,124.20, a significant increase from ¥7,830,839,274.74 in 2021, representing a growth of approximately 42.8% [182]. - The company achieved a net profit of approximately ¥852.32 million in the reporting period, a significant increase compared to ¥183.50 million in the previous year, representing a growth of over 365% [199]. Market Position and Strategy - The company holds nearly 70% market share in the heating market of Yangquan City, indicating a strong competitive position in the local market [4]. - The expected national electricity consumption for 2023 is 9.15 trillion kWh, representing a growth of approximately 6% compared to 2022 [4]. - The company aims to enhance its green and low-carbon transformation, focusing on integrating coal power with new energy sources to optimize its industrial layout [5]. - The company plans to implement significant technological upgrades to address safety, environmental, and economic challenges in its operations [4]. - The company is focused on risk prevention and strengthening its core competitiveness through innovation and strategic development [5]. - The company plans to continue expanding its market presence and investing in new technologies in the upcoming fiscal year [82]. Operational Efficiency and Technology - The company is committed to improving its operational efficiency and service quality through ongoing upgrades in information technology and automation [5]. - The management emphasized a commitment to improving operational efficiency, targeting a 5% reduction in costs by the end of 2023 [22]. - The company aims to enhance operational efficiency through digital transformation and technological innovation, targeting improvements in power trading and fuel management [49]. - The company is implementing a comprehensive safety management model to ensure zero tolerance for violations and improve overall safety levels [49]. - The company has established a comprehensive independent power distribution network, enhancing service quality and operational efficiency [97]. Governance and Management - The total pre-tax compensation for the board members during the reporting period amounted to 283.68 million CNY [17]. - The company is led by a board of directors with extensive experience in finance and management, including a CPA and a senior economist [19]. - The company has maintained a stable management team with no significant turnover in key positions during the reporting period [19]. - Independent directors contribute to the governance structure, ensuring compliance and oversight [19]. - The board's composition reflects a balance of internal and independent members, promoting diverse perspectives in governance [19]. - The company has implemented a comprehensive governance model that prioritizes regulatory compliance and investor needs [42]. Research and Development - The company invested 100 million in R&D for new technologies, focusing on sustainable energy solutions [22]. - Total R&D expenditure for the period was CNY 1,200,839, accounting for 0.01% of operating revenue [120]. - The number of R&D personnel is 10, representing 0.22% of the total workforce [120]. - Research and development expenses decreased by 39.22% to 1.201 million RMB due to a reduction in R&D projects [102]. Environmental and Safety Initiatives - The company is actively addressing environmental risks by adhering to carbon neutrality goals and increasing investments in pollution control measures [52]. - The company has maintained a stable safety production situation, with no production safety accidents occurring throughout the year [88]. - Sunshine Company has completed 100% of its ultra-low emission transformation acceptance for all four units, with desulfurization, denitrification, and dust removal facilities operating at 100% [142]. Future Outlook - For 2023, the company plans to generate 6.2 billion kWh of electricity and sell 18.6 billion kWh, with a revenue target of 11.045 billion yuan and operating costs controlled at 9.81 billion yuan [6]. - The company plans to add approximately 25 million kW of new power generation capacity in 2023, with 18 million kW from non-fossil energy sources [92]. - The management expressed optimism about future growth prospects despite the fluctuations in quarterly profits [82].
通宝能源:山西通宝能源股份有限公司关于召开2022年度暨2023年第一季度业绩暨现金分红说明会的公告
2023-04-26 09:54
关于召开 2022 年度暨 2023 年第一季度业绩暨现金分 红说明会的公告 证券代码:600780 股票简称:通宝能源 编号:2023-013 山西通宝能源股份有限公司 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承 担个别及连带责任。 重要内容提示: 会议召开时间:2023 年 5 月 17 日(星期三) 15:00-16:30 会议召开地点:上海证券交易所上证路演中心(网址: http://roadshow.sseinfo.com/) 会议召开方式:上证路演中心视频直播和网络互动 投资者可于 2023 年 5 月 10 日(星期三) 至 5 月 16 日(星期二) 16:00 前登录上证路演中心网站首页点击"提问预征集"栏目或通过 公司邮箱 top600780@sina.com 进行提问。公司将在说明会上对投资 者普遍关注的问题进行回答。 山西通宝能源股份有限公司(以下简称"公司")已于 2023 年 4 月 27 日发布公司 2022 年度报告、2023 年第一季度报告以及《2022 年年度利润分配方案公告》。公司十一届董事会八次 ...
通宝能源(600780) - 2022 Q3 - 季度财报
2022-10-27 16:00
Financial Performance - The company's operating revenue for Q3 2022 reached ¥2,805,854,583.52, representing a year-on-year increase of 48.20%[7] - The net profit attributable to shareholders for the same period was ¥255,338,524.17, with a year-to-date net profit of ¥712,212,989.80, reflecting an increase of 8,212.79% year-on-year[7] - The basic earnings per share for Q3 2022 was ¥0.2227, while the diluted earnings per share was also ¥0.2227[10] - The weighted average return on equity increased by 5.8 percentage points to 4.03% for Q3 2022[10] - The operating profit for the third quarter of 2022 was ¥846,985,816.31, compared to ¥105,457,981.82 in the same quarter of 2021, showing a significant improvement[33] - Net profit attributable to shareholders of the parent company for the first nine months of 2022 was ¥712,212,989.80, compared to ¥8,567,678.79 in the same period of 2021, indicating a substantial increase[33] - The company reported a net profit of ¥711,280,584.81 for the third quarter of 2022, a substantial increase from ¥7,125,353.59 in the same quarter of 2021[33] Revenue and Growth Drivers - The company attributed the revenue growth to enhanced marketing management and increased electricity sales prices due to market trading influences[12] - The net profit attributable to shareholders for the year-to-date period increased by 8,212.79%, driven by improved marketing management and cost control[12] - Total operating revenue for the first nine months of 2022 reached ¥8,185,057,212.23, a significant increase from ¥5,419,778,484.61 in the same period of 2021, representing a growth of approximately 51.5%[31] Assets and Liabilities - Total assets at the end of the reporting period amounted to ¥9,656,283,235.27, a year-on-year increase of 12.65%[10] - Total assets as of September 30, 2022, are ¥9,656,283,235.27, compared to ¥8,571,973,856.02 at the end of 2021, reflecting a growth of approximately 12.7%[24] - The total liabilities increased to ¥3,221,252,869.53 from ¥2,853,754,723.99, reflecting a growth of approximately 12.9%[30] - The company's total equity attributable to shareholders rose to ¥6,467,903,681.88, up from ¥5,750,160,043.18, marking an increase of about 12.4%[30] Cash Flow and Liquidity - The net cash flow from operating activities for the year-to-date period was ¥1,026,648,943.86, showing a significant increase of 62.27% year-on-year[7] - Operating cash inflow for the first three quarters of 2022 was CNY 8,505,456,890.77, an increase of 39.9% compared to CNY 6,085,261,274.75 in the same period of 2021[38] - The net increase in cash and cash equivalents for the period was CNY 240,743,462.02, compared to CNY 156,844,142.88 in the same period last year, indicating improved liquidity[40] - The ending balance of cash and cash equivalents was CNY 1,892,771,557.93, up from CNY 1,590,375,768.26 at the end of the previous year[40] Shareholder Information - The total number of common shareholders at the end of the reporting period is 41,873[15] - The largest shareholder, Shanxi International Power Group Co., Ltd., holds 657,313,245 shares, accounting for 57.33% of total shares[15] - The company has no pledged, marked, or frozen shares among its top shareholders[15] Investment and Costs - The company reported a non-recurring loss of ¥287,715.36 from the disposal of non-current assets in Q3 2022[12] - The total operating costs for the first nine months of 2022 were ¥7,549,137,573.75, up from ¥5,418,957,385.58, which is an increase of approximately 39.3%[31] - Cash paid for employee compensation was CNY 534,140,693.00, an increase from CNY 482,039,037.68 in the same period last year, reflecting higher personnel costs[38] - Cash paid for taxes increased to CNY 517,369,053.06 from CNY 293,590,631.23, indicating a rise in tax obligations[38] Future Outlook - The company plans to continue focusing on market-oriented strategies to enhance revenue and profitability in the upcoming quarters[12]
通宝能源(600780) - 2022 Q2 - 季度财报
2022-08-25 16:00
Financial Performance - The company's operating revenue for the first half of 2022 reached ¥5,379,202,628.71, a 52.54% increase compared to ¥3,526,496,717.86 in the same period last year[21]. - Net profit attributable to shareholders for the first half of 2022 was ¥456,874,465.63, representing a significant increase of 322.82% from ¥108,053,483.83 in the previous year[21]. - The net cash flow from operating activities was ¥710,936,759.65, up 44.77% from ¥491,076,836.42 in the same period last year[21]. - Basic earnings per share for the first half of 2022 were ¥0.3985, a 323.04% increase from ¥0.0942 in the same period last year[21]. - The weighted average return on net assets increased by 5.73 percentage points to 7.64% compared to 1.91% in the previous year[21]. - The company's electricity generation reached 2.7 billion kWh, and electricity sales totaled 9.653 billion kWh, resulting in a revenue of 5.379 billion RMB, a 52.54% increase year-over-year[36]. - The net profit for the period was 456 million RMB, with earnings per share of 0.3985 RMB[36]. - Operating cash flow increased by 44.77% to 710.94 million RMB, driven by improved electricity pricing and sales volume[36]. Assets and Liabilities - The company's total assets increased by 11.01% to ¥9,515,834,206.36 compared to ¥8,571,973,856.02 at the end of the previous year[21]. - The net assets attributable to shareholders rose to ¥6,210,008,352.43, an 8.00% increase from ¥5,750,160,043.18 at the end of the previous year[21]. - Accounts receivable surged by 233.96% to 1.009 billion RMB, indicating a significant increase in sales activity[37]. - Inventory rose by 111.87% to 206.4 million RMB, primarily due to increased coal stock levels[40]. - Total liabilities rose to CNY 3,338,415,258.03 from CNY 2,853,754,723.99, an increase of approximately 17%[98]. - Total assets increased to CNY 9,515,834,206.36 from CNY 8,571,973,856.02, representing a growth of approximately 11%[98]. Market and Industry Insights - The company attributed the significant profit increase to improved marketing management and increased electricity sales due to higher user consumption in its distribution areas[21][23]. - The company’s coal-related investments benefited from high coal prices in the first half of 2022, contributing to the overall profitability[23]. - In the first half of 2022, the national electricity consumption reached 4.1 trillion kWh, a year-on-year increase of 2.9%[28]. - The installed power generation capacity in the country was 2.44 billion kW, growing by 8.1% year-on-year, with thermal power accounting for 1.3 billion kW, also up by 2.9%[28]. - The outlook for electricity consumption growth in the second half of 2022 is expected to be around 7.0% year-on-year, reflecting a recovery trend[28]. Environmental and Social Responsibility - The company achieved average emissions concentrations of 2.05 mg/m³ for smoke, 16.02 mg/m³ for sulfur dioxide, and 31.42 mg/m³ for nitrogen oxides, all within regulatory limits[55]. - The company completed the replacement of desulfurization facility filter bags and improved gypsum utilization quality during the reporting period[56]. - The company plans to convert approximately 19,000 households to cleaner heating solutions as part of its coal-to-electricity project[63]. - The company has established a leadership organization for carbon asset management to actively promote energy-saving and consumption-reduction technological improvements[63]. - The company has implemented a new round of rural power grid renovation and upgrading projects to support poverty alleviation and rural revitalization efforts[64]. Governance and Management - The company appointed Zhang Jianlin as the new Chief Financial Officer on April 25, 2022[51]. - The company held its annual general meeting on May 17, 2022, where all proposed resolutions were approved[45]. - The company experienced a change in its board of directors, with several new appointments and resignations occurring in 2022[48]. - The company is focused on enhancing risk management, regularly assessing 26 major risk categories, including safety and financial risks[35]. - The company is committed to deepening lean management practices to improve operational efficiency and cost control[35]. Future Plans and Investments - The company has not disclosed any plans for new products, technologies, market expansion, or mergers and acquisitions in this report[21]. - The company plans to optimize its grid structure and reduce line losses to improve distribution efficiency[28]. - The company plans to acquire a 55% stake in Beijing Land Jin Yan Automation Equipment Co., Ltd., with the transaction price determined by an asset evaluation[77]. - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[113]. - The company has committed to avoiding related party transactions that could harm the interests of shareholders, ensuring fair operations based on market principles[70]. Financial Reporting and Compliance - The financial statements were approved by the board of directors on August 24, 2022, ensuring compliance with regulatory requirements[143]. - The company adheres to the accounting standards issued by the Ministry of Finance, ensuring that the financial statements reflect a true and complete picture of its financial position and operating results[150]. - The financial statements are prepared based on the assumption of going concern, with no significant doubts about the company's ability to continue operations in the next 12 months[146]. - The company has not reported any changes in accounting policies or prior period error corrections during the first half of 2022[136].
通宝能源(600780) - 山西通宝能源股份有限公司关于参加山西辖区上市公司2022年投资者网上集体接待日活动的公告
2022-06-17 08:36
证券代码:600780 股票简称:通宝能源 编号:2022-020 山西通宝能源股份有限公司 关于参加山西辖区上市公司 2022 年投资者网上集体 接待日活动的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、 误导性陈述或者重大遗漏,并对其内容的真实性、准确性和完整性承 担个别及连带责任。 重要内容提示: 会议召开时间:2022 年 6 月 23 日 15:00-16:30 会议召开地点和方式:通过"全景•路演"网站采取网络远程 的方式举行 投资者可于 2022 年 6 月 22 日 16:00 前将需要了解的情况和 关注的问题通过电子邮件方式发送至公司邮箱 (top600780@sina.com),公司将在本次说明会上就投资者普遍关注 的问题进行回答。 按照山西省上市公司协会《关于举办山西辖区上市公司 2022 年 投资者网上集体接待日暨年报业绩说明会的通知》要求,为进一步加 强与投资者的互动交流,公司定于 2022 年 6 月 23 日参加在全景网举 办的"真诚沟通、传递价值"山西辖区上市公司 2022 年投资者网上 集体接待日暨年报业绩说明会活动,现将有关活动事项公告如下: 一、说明会类型 ...
通宝能源(600780) - 2022 Q1 - 季度财报
2022-04-26 16:00
Financial Performance - The company's operating revenue for Q1 2022 was ¥2,775,233,352.79, representing a 43.03% increase compared to the same period last year[6]. - The net profit attributable to shareholders of the listed company reached ¥267,885,490.85, a significant increase of 129.07% year-on-year[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥266,482,899.59, up by 128.18% compared to the previous year[6]. - Basic earnings per share for the period was ¥0.2337, reflecting a 129.12% increase year-on-year[9]. - The company's total comprehensive income attributable to shareholders was CNY 267,885,490.85 in Q1 2022, compared to CNY 116,946,291.75 in Q1 2021[31]. - The company’s tax expenses for Q1 2022 were CNY 61,744,261.95, up from CNY 30,200,912.47 in Q1 2021, reflecting an increase of 104.5%[31]. Assets and Liabilities - Total assets at the end of the reporting period were ¥9,214,872,982.48, an increase of 7.50% from the end of the previous year[9]. - The equity attributable to shareholders of the listed company was ¥6,022,525,601.87, up 4.74% from the previous year[9]. - Total liabilities increased to CNY 3,224,614,956.18 in Q1 2022 from CNY 2,853,754,723.99 in Q1 2021, reflecting a growth of 13.0%[28]. - The company reported a total non-current asset value of CNY 6,375,656,928.38, slightly down from CNY 6,395,064,221.84, indicating a decrease of about 0.3%[23]. Cash Flow - The net cash flow from operating activities was ¥309,818,602.84, showing a slight decrease of 1.46% year-on-year[6]. - Cash inflow from operating activities totaled ¥2,263,255,422.84, up from ¥2,123,885,760.10, reflecting a growth of approximately 6.6% year-over-year[33]. - The net cash flow from operating activities was ¥309,818,602.84, slightly down from ¥314,411,180.83, showing a decrease of about 1.6%[33]. - Cash outflow from investing activities was ¥149,181,607.80, compared to ¥178,842,964.76 in the previous year, indicating a reduction of approximately 16.6%[35]. - The net cash flow from financing activities was -¥103,059,233.63, a decline from a positive cash flow of ¥7,774,097.77 in the same quarter last year[35]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 42,249[12]. - Total equity attributable to shareholders rose to CNY 6,022,525,601.87 in Q1 2022, up from CNY 5,750,160,043.18 in Q1 2021, an increase of 4.7%[28]. - Basic and diluted earnings per share were both ¥0.2337, compared to ¥0.1020 in the previous year, indicating an increase of about 129.4%[33]. Operational Metrics - Total operating costs for Q1 2022 were CNY 2,504,077,153.99, up 37.5% from CNY 1,820,560,232.16 in Q1 2021[28]. - Research and development expenses for Q1 2022 were CNY 287,875.00, slightly up from CNY 264,720.00 in Q1 2021[29]. - The company received cash from sales of goods and services amounting to ¥2,253,947,199.19, compared to ¥2,109,068,216.71 in the previous year, reflecting an increase of approximately 6.9%[33]. - The company paid ¥177,780,118.32 in employee compensation, up from ¥152,051,315.01, which is an increase of about 16.9%[33]. Investment and Growth - The company reported an investment income of CNY 62,491,887.52 in Q1 2022, significantly higher than CNY 27,154,993.86 in Q1 2021[30]. - Long-term equity investments increased to CNY 471,736,789.70 from CNY 404,764,834.34, showing a growth of approximately 16.5%[23]. - Accounts receivable significantly increased to CNY 795,073,094.94 from CNY 174,927,330.86, marking a substantial rise of approximately 354.5%[19]. - Inventory levels rose to CNY 140,901,437.11, compared to CNY 97,417,646.33, reflecting a growth of around 44.6%[23].
通宝能源(600780) - 2021 Q4 - 年度财报
2022-04-26 16:00
Financial Performance - The company's operating revenue for 2021 was approximately RMB 7.83 billion, an increase of 12.80% compared to RMB 6.94 billion in 2020[24]. - The net profit attributable to shareholders for 2021 was RMB 186.10 million, a decrease of 37.95% from RMB 299.91 million in 2020[24]. - The net profit after deducting non-recurring gains and losses was RMB 166.80 million, down 42.73% from RMB 291.23 million in the previous year[24]. - The net cash flow from operating activities was RMB 910.33 million, a decline of 11.66% compared to RMB 1.03 billion in 2020[24]. - The total assets at the end of 2021 were RMB 8.57 billion, reflecting a 3.61% increase from RMB 8.27 billion at the end of 2020[24]. - The net assets attributable to shareholders at the end of 2021 were RMB 5.75 billion, up 1.81% from RMB 5.65 billion at the end of 2020[24]. - Basic earnings per share for 2021 were RMB 0.1623, a decrease of 37.96% from RMB 0.2616 in 2020[25]. - The weighted average return on net assets was 3.27%, down 2.17 percentage points from 5.44% in 2020[25]. - The company recorded non-operating income of ¥12,933,209.93 in 2021, which is a decrease compared to ¥14,779,836.06 in 2020[29]. - The total non-recurring gains and losses amounted to ¥19,300,057.55 in 2021, compared to ¥8,678,249.59 in 2020[31]. Revenue and Profit Trends - In Q1 2021, the company reported operating revenue of ¥1,940,272,306.57, while in Q4 2021, it increased to ¥2,411,060,790.13, showing a significant growth in revenue[28]. - The net profit attributable to shareholders was ¥116,946,291.75 in Q1 2021, but turned negative in Q2 and Q3 with losses of ¥8,892,807.92 and ¥99,485,805.04 respectively, before recovering to ¥177,530,235.35 in Q4 2021[28]. - The company’s financial performance indicates a strong recovery trend in Q4 2021, with significant improvements in both revenue and net profit[28]. - The company achieved a total electricity generation of 56.07 billion kWh, with market-based trading accounting for 94% of the total grid electricity[35]. - The operating revenue for the year was 7.831 billion yuan, with a net profit attributable to shareholders of 186 million yuan, resulting in an earnings per share of 0.1623 yuan[35]. Operational Efficiency and Strategy - The company maintained a comprehensive line loss rate that continued to decline, reflecting improved operational efficiency[35]. - The company successfully completed its power supply tasks despite the challenging environment, ensuring stable fuel supply and optimizing electricity pricing strategies[35]. - The company plans to continue focusing on operational efficiency and exploring new market opportunities to drive future growth[28]. - The company is actively pursuing asset restructuring to transition towards high-end equipment manufacturing, aiming to increase the asset securitization rate[35]. - The company is committed to high-quality development, focusing on optimizing its power and equipment industries while ensuring stable asset operations[98]. Governance and Compliance - The company conducted 13 board meetings and approved 42 resolutions, emphasizing compliance and governance[38]. - The internal control system was optimized, with no major defects reported throughout the year, enhancing risk management capabilities[38]. - The company has not encountered any significant governance violations during the reporting period, maintaining its status in the Shanghai Stock Exchange governance index[106]. - The company maintains independence in assets, personnel, finance, institutions, and business, adhering to a governance structure that ensures clear responsibilities and effective checks and balances[108]. - The company has a governance structure that includes a manager for the governance department since September 2020[125]. Environmental and Social Responsibility - The company reported emissions for 2021: particulate matter at 69.82 tons, sulfur dioxide at 334.52 tons, and nitrogen oxides at 947.04 tons, all meeting regulatory standards[152]. - The average emission concentrations for 2021 were: particulate matter at 2.26 mg/m³, sulfur dioxide at 13.4 mg/m³, and nitrogen oxides at 31.03 mg/m³, indicating compliance with environmental standards[152]. - The company achieved zero wastewater discharge and completed a chemical wastewater filtration system upgrade, enhancing wastewater reuse rates[153]. - The company has implemented a comprehensive environmental management system, achieving all environmental indicators within regulatory limits[159]. - The company is engaged in ongoing environmental monitoring and has not faced any administrative penalties related to environmental issues during the reporting period[156]. Market Position and Future Outlook - The company holds nearly 70% market share in the heating market of Yangquan City, benefiting from priority generation rights and enhanced operational flexibility[93]. - The company plans to expand its market presence by investing in renewable energy projects, aiming for a 20% increase in clean energy output by 2023[122]. - The company has set a performance guidance for 2022, projecting a revenue growth of 10% to 11 billion CNY[122]. - The forecast for total electricity consumption in 2022 is between 8.7 trillion kWh and 8.8 trillion kWh, representing a year-on-year growth of 5%-6%[42]. - The company plans to enhance its digital services, aiming for a 15% increase in digital service revenue by 2023[122].
通宝能源(600780) - 2021 Q3 - 季度财报
2021-10-29 16:00
Financial Performance - The company's operating revenue for Q3 2021 was ¥2,099,016,874.28, representing a year-on-year increase of 26.48%[5]. - The net profit attributable to shareholders was -¥99,485,805.04, a decrease of 257.70% compared to the same period last year[5]. - The basic earnings per share for the quarter was -¥0.0867, reflecting a decline of 257.64% year-on-year[5]. - Total operating revenue for the first three quarters of 2021 reached ¥6,010,643,468.64, an increase from ¥4,967,989,295.37 in the same period of 2020, representing a growth of approximately 20.9%[28]. - Net profit attributable to shareholders of the parent company for Q3 2021 was ¥8,567,678.79, a significant decrease from ¥166,590,115.52 in Q3 2020[31]. Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥8,334,077,151.70, showing a slight increase of 0.73% from the end of the previous year[5]. - The total liabilities and shareholders' equity as of the end of Q3 2021 amounted to ¥8,334,077,151.70, up from ¥8,273,607,247.33 at the end of Q3 2020[27]. - The total liabilities of the company were not explicitly stated, but the increase in current liabilities, particularly accounts payable, which rose to ¥634,166,035.27 from ¥532,566,244.34, indicates a growth of about 19.14%[22]. - Total liabilities were ¥2,654,899,396.71, down from ¥2,665,106,084.28 in the previous year[42]. Cash Flow - The net cash flow from operating activities for the year-to-date was ¥632,696,670.27, which decreased by 27.68% compared to the same period last year[5]. - Operating cash inflow for the first three quarters of 2021 reached ¥6,752,938,706.62, an increase of 18.36% compared to ¥5,704,377,101.14 in the same period of 2020[33]. - Net cash flow from operating activities was ¥632,696,670.27, down 27.69% from ¥874,818,382.44 in the previous year[33]. - Cash inflow from investment activities totaled ¥222,833.12, significantly decreased from ¥9,674,267.76 in the same period last year[33]. - Net cash flow from financing activities was -¥115,471,606.26, improving from -¥328,736,972.16 in the previous year[36]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 43,657[12]. - The largest shareholder, Shanxi International Power Group Co., Ltd., held 57.33% of the shares[12]. - The company reported no significant changes in its major shareholders, with the top ten shareholders remaining consistent[17]. Operational Costs - Total operating costs for the first three quarters of 2021 were ¥6,009,822,369.61, compared to ¥4,773,030,445.12 in 2020, indicating an increase of about 25.9%[28]. Research and Development - The company's research and development expenses for the first three quarters of 2021 were ¥828,978.00, slightly down from ¥839,112.00 in the same period of 2020[28]. Other Financial Metrics - The weighted average return on equity was -1.77%, a decrease of 2.93 percentage points from the previous year[5]. - The company's long-term equity investments rose to ¥232,015,450.33 from ¥144,092,594.10, reflecting an increase of about 61.06%[22]. - The total equity attributable to shareholders of the parent company was ¥5,557,119,883.18 in Q3 2021, down from ¥5,648,046,296.44 in Q3 2020, reflecting a decline of about 1.6%[27].
通宝能源(600780) - 2021 Q2 - 季度财报
2021-08-26 16:00
Financial Performance - The company's operating revenue for the first half of 2021 reached ¥3,911,626,594.36, an increase of 18.23% compared to ¥3,308,430,137.29 in the same period last year[21] - The net profit attributable to shareholders of the listed company was ¥108,053,483.83, reflecting a growth of 4.39% from ¥103,506,401.59 in the previous year[21] - The net profit after deducting non-recurring gains and losses was ¥102,937,520.96, which is a slight increase of 1.13% compared to ¥101,782,601.72 in the same period last year[21] - The net cash flow from operating activities was ¥491,076,836.42, showing a marginal increase of 0.44% from ¥488,912,650.59 in the previous year[21] - Basic earnings per share for the first half of 2021 were ¥0.0942, up 4.32% from ¥0.0903 in the same period last year[22] - The company reported a significant increase in employee compensation liabilities to ¥186,490,177.93 from ¥161,396,002.08, a rise of about 15.54%[102] - The company reported a total comprehensive income of 103,506,401.59 RMB for the current period, contributing positively to the equity[136] Assets and Liabilities - The total assets at the end of the reporting period amounted to ¥8,459,053,209.77, representing a 2.24% increase from ¥8,273,607,247.33 at the end of the previous year[21] - The total current assets as of June 30, 2021, amounted to CNY 2,342,242,349.59, an increase from CNY 2,081,588,266.63 at the end of 2020, reflecting a growth of approximately 12.6%[97] - The total liabilities reached ¥2,835,878,359.41, up from ¥2,654,899,396.71, which is an increase of about 6.83%[102] - The total non-current liabilities amounted to ¥992,067,284.17, an increase from ¥898,137,937.71, representing a growth of approximately 10.47%[102] - The total equity of the company decreased to ¥3,021,937,899.32 from ¥3,063,824,229.49, a decline of 1.4%[109] Revenue and Costs - Operating revenue increased by 18.23% to CNY 3,911,626,594.36 compared to CNY 3,308,430,137.29 in the previous year[39] - Operating costs rose by 22.23% to CNY 3,562,514,175.46 from CNY 2,914,698,492.27 year-on-year[39] - Total operating costs amounted to ¥3,799,343,572.00, up from ¥3,180,272,005.07, reflecting a growth of 19.5%[109] Environmental and Safety Measures - The company is committed to safety and environmental protection, implementing strict safety protocols and conducting regular inspections to mitigate risks[34] - The company has invested in environmental protection measures, maintaining emissions below regulatory limits, with average emissions for the first half of 2021 being 1.74 mg/m³ for dust and 11.66 mg/m³ for sulfur dioxide[59] - The company has implemented a comprehensive environmental management system to enhance its environmental governance capabilities[37] - The company has committed to strict adherence to environmental protection laws and regulations, with no significant environmental incidents reported during the reporting period[66] Market and Industry Context - The national electricity consumption reached 3.93 trillion kWh, a year-on-year increase of 16.2%, with an average growth rate of 7.6% over two years[28] - The installed power generation capacity in the country was 2.26 billion kW, a year-on-year increase of 9.5%, with coal power capacity accounting for 48.2% of the total[28] - The company expects a year-on-year growth of approximately 6% in total electricity consumption for the second half of 2021, with an annual growth forecast of 10%-11%[31] - The company is facing ongoing risks in the electricity industry due to rising fuel costs and intensified market competition[50] Corporate Governance and Management - The company has appointed Xuan Hongbin as the new chairman following the resignation of the previous chairman Li Guobiao[55] - The company is actively tracking capital market trends and aims to leverage its platform for capital operations in related industries[38] - The company continues to enhance its management capabilities and optimize risk control systems to ensure stable operations[34] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 49,178[84] - The largest shareholder, Shanxi International Power Group Co., Ltd., held 657,313,245 shares, representing 57.33% of the total shares[86] - The second-largest shareholder, Taiyuan Iron and Steel (Group) Co., Ltd., held 35,861,574 shares, accounting for 3.13%[86] Financial Reporting and Compliance - The financial statements were approved by the board of directors on August 25, 2021[148] - The financial statements comply with the requirements of the enterprise accounting standards, reflecting the company's financial position and operating results accurately[153] - The company follows specific accounting treatments for mergers and acquisitions, distinguishing between mergers under common control and those not under common control[159][160]