TEC(600780)

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通宝能源(600780) - 2021 Q1 - 季度财报
2021-04-28 16:00
Financial Performance - Operating revenue for the period was CNY 2,126,640,756.56, representing a year-on-year growth of 22.80%[11] - Net profit attributable to shareholders was CNY 116,946,291.75, up 48.41% from the previous year[11] - Basic earnings per share increased to CNY 0.1020, reflecting a growth of 48.47% compared to the same period last year[11] - The company's net profit for Q1 2021 was CNY 116,445,056.66, an increase of 48.7% compared to CNY 78,320,768.00 in Q1 2020[44] - Total operating revenue for Q1 2021 was CNY 2,006,928,682.15, up from CNY 1,636,907,797.87 in Q1 2020, reflecting a growth of 22.6%[44] - The operating profit for Q1 2021 reached CNY 149,024,677.00, compared to CNY 97,897,668.31 in the same period last year, marking a 52.1% increase[44] - The company reported investment income of CNY 27,154,993.86 in Q1 2021, significantly higher than CNY 5,507,957.87 in Q1 2020, representing a growth of 392.5%[44] - The company's total comprehensive income for Q1 2021 was CNY 116,445,056.66, compared to CNY 78,320,768.00 in Q1 2020, showing an increase of 48.7%[46] Assets and Liabilities - Total assets at the end of the reporting period reached CNY 8,380,953,368.88, an increase of 1.30% compared to the end of the previous year[11] - Non-current assets totaled CNY 6,172,762,213.52, slightly down from CNY 6,192,018,980.70 in the previous period[31] - Total current assets as of March 31, 2021, amounted to approximately RMB 2.21 billion, an increase from RMB 2.08 billion at the end of December 2020[28] - Current liabilities decreased to CNY 1,718,295,768.08 from CNY 1,756,761,459.00, a reduction of 2.2%[31] - The total liabilities amounted to CNY 2,642,502,253.98, down from CNY 2,654,899,396.71, indicating a decrease of 0.5%[33] - The equity attributable to shareholders increased to CNY 5,768,290,795.81 from CNY 5,648,046,296.44, a rise of 2.1%[33] - Long-term borrowings increased to CNY 295,500,000.00 from CNY 245,500,000.00, reflecting a growth of 20.3%[33] Cash Flow - Net cash flow from operating activities was CNY 314,411,180.83, a slight increase of 0.29% compared to the previous year[11] - Cash flow from operating activities for Q1 2021 was CNY 2,319,664,565.22, an increase from CNY 1,916,819,270.12 in Q1 2020, reflecting a growth of 21.0%[48] - Operating cash inflows totaled CNY 2,334,482,108.61, an increase from CNY 1,927,313,905.09 in the previous year, representing a growth of approximately 21.1%[52] - Operating cash outflows amounted to CNY 2,020,070,927.78, compared to CNY 1,613,814,135.38 last year, reflecting an increase of about 25.2%[52] - The net cash flow from financing activities was CNY 7,774,097.77, a recovery from a negative CNY 49,729,921.63 in the previous year[54] Shareholder Information - The total number of shareholders at the end of the reporting period was 51,401[14] - The largest shareholder, Shanxi International Power Group Co., Ltd., held 657,313,245 shares, accounting for 57.33% of the total shares[14] Government and Other Income - Government subsidies recognized in the current period amounted to CNY 4,326,685.62[11] - The company's net profit attributable to shareholders increased compared to the same period last year, primarily due to an increase in electricity sales from affiliated distribution companies and significant growth in the operating performance of coal enterprises[22] Other Financial Metrics - The weighted average return on equity rose to 2.05%, an increase of 0.6 percentage points year-on-year[11] - Cash received from investment decreased compared to the same period last year, mainly due to the central budget investment funds allocated for rural power grid transformation and upgrading projects received from the controlling shareholder in the previous year[22] - Cash received from bank borrowings decreased compared to the same period last year, reflecting a reduction in new bank loans during the current period[22] - The company's management expenses decreased to CNY 87,812,349.23 in Q1 2021 from CNY 103,974,665.76 in Q1 2020, a reduction of 15.5%[44] - Financial expenses decreased to CNY 9,061,690.70 in Q1 2021 from CNY 14,239,333.42 in Q1 2020, a decrease of 36.0%[44] - The company reported a tax expense of CNY 30,200,912.47 for Q1 2021, compared to CNY 21,226,982.27 in Q1 2020, an increase of 42.4%[44]
通宝能源(600780) - 2020 Q4 - 年度财报
2021-03-25 16:00
Financial Performance - The company's operating revenue for 2020 was RMB 6,942,296,072.81, an increase of 4.95% compared to RMB 6,614,814,601.66 in 2019[24] - The net profit attributable to shareholders for 2020 was RMB 299,907,989.01, reflecting a growth of 7.11% from RMB 279,994,964.23 in the previous year[24] - The net cash flow from operating activities was RMB 1,030,499,318.38, a decrease of 3.62% compared to RMB 1,069,224,349.65 in 2019[24] - The total assets at the end of 2020 were RMB 8,273,607,247.33, a slight decrease of 0.29% from RMB 8,297,694,692.08 at the end of 2019[24] - The net assets attributable to shareholders increased to RMB 5,648,046,296.44, up by 4.95% from RMB 5,381,858,509.27 in 2019[24] - Basic earnings per share for 2020 were RMB 0.2616, representing a 7.13% increase from RMB 0.2442 in 2019[25] - The weighted average return on net assets was 5.44% for 2020, an increase of 0.1 percentage points from 5.34% in 2019[25] - The company reported operating revenue of 6.942 billion yuan, which is a 4.95% increase compared to the previous year[45] - The net profit attributable to the parent company was 300 million yuan, representing a year-on-year growth of 7.11%[45] - As of December 31, 2020, the total assets of the company amounted to 8.274 billion yuan, a slight decrease of 0.29% from the beginning of the year[45] Cash Dividends - The company plans to distribute a cash dividend of RMB 0.90 per 10 shares, totaling RMB 103,185,227.07 based on the total share capital of 1,146,502,523 shares[7] - The company distributed cash dividends of 91.72 million yuan, which accounted for 32.76% of the net profit from the previous year[44] - The company distributed a cash dividend of 0.08 RMB per share for the 2019 fiscal year, totaling 91,720,201.84 RMB, representing a cash dividend ratio of 32.76%[106] - In 2020, the company paid a cash dividend of 0.90 RMB per 10 shares, amounting to 103,185,227.07 RMB, which is 34.41% of the net profit attributable to ordinary shareholders[107] Operational Highlights - Total revenue for Q4 2020 was CNY 1,974,306,777.44, showing an increase compared to Q3 2020's revenue of CNY 1,659,559,158.08[28] - Net profit attributable to shareholders for Q4 2020 reached CNY 133,317,873.52, up from CNY 63,083,713.93 in Q3 2020, representing a growth of approximately 111%[28] - The total operating income for Q1 2020 was CNY 1,731,724,591.49, indicating a strong start to the year[28] - The company achieved a total power generation of 5.906 billion kWh, an increase of 3.20% year-on-year[45] - The total electricity sales reached 13.261 billion kWh, reflecting a year-on-year increase of 13.22%[45] Market Position and Strategy - The company's main business is in the power industry, focusing on thermal power generation and distribution, with significant revenue from self-generated electricity sales[34] - The company is positioned as the second-largest provincial power supply enterprise in Shanxi, managing power supply for 12 counties[37] - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[30] - The company is focusing on strategic mergers and acquisitions to enhance its competitive position in the market[30] - The company is positioned to maintain its market leadership in Shanxi Province, covering 15% of the province's land area[87] Environmental and Social Responsibility - The company has established a strong commitment to social responsibility, focusing on poverty alleviation and community support initiatives[130] - The company donated a total of 792,200 RMB for poverty alleviation, helping 2,292 registered poor individuals to escape poverty[130] - The company plans to enhance its poverty alleviation efforts by focusing on education, medical security, and social security to ensure comprehensive coverage[138] - Environmental compliance is maintained with emissions of dust, sulfur dioxide, and nitrogen oxides at 57.52 tons, 296.86 tons, and 931.71 tons respectively, all within regulatory limits[142] - The company has not faced any environmental penalties in 2020, demonstrating adherence to environmental protection standards[146] Risks and Challenges - The company faces challenges due to excess capacity in the power industry and low efficiency in thermal power generation, leading to increased operational pressure[90] - The current coal price is above the green zone upper limit, impacting the profitability of coal-fired power enterprises[90] - Approximately 25% of provinces in China are experiencing significant redundancy in coal power capacity, leading to warnings of excess system reserve rates[102] - The government is promoting the integration of the coal power industry and limiting new capacity expansions in regions with existing overcapacity[102] - The company is facing increased operational pressures due to low utilization efficiency of thermal power units and rising coal prices, which significantly impact operational costs[101] Governance and Management - The company has received multiple awards for governance and investor relations, enhancing its brand image in the capital market[38] - The company has not reported any significant changes in related party transactions or major contracts during the reporting period[126] - The company has not indicated any new product launches or technological developments in the latest earnings call[126] - The company has not provided specific future performance guidance or market expansion plans in the recent reports[126] - The company has implemented a salary management system linked to performance assessments[188] Changes in Leadership - The company appointed Liu Haiting as the new Vice General Manager effective from April 29, 2020, following the resignation of Ding Mingjin[173] - The company’s board of directors approved the appointment of Xuan Hongbin as the new Chairman on March 26, 2021, after the resignation of Li Guobiao[173] - The company has seen changes in its board composition, with several new appointments and resignations in 2021[173] - The company’s financial management team has undergone significant restructuring, impacting its operational strategies[177]
通宝能源(600780) - 2020 Q3 - 季度财报
2020-10-28 16:00
Financial Performance - Net profit attributable to shareholders was CNY 166,590,115.52, representing a decline of 29.02% year-on-year[18]. - Basic earnings per share were CNY 0.1453, down 29.02% from CNY 0.2047 in the previous year[18]. - The company reported a net profit of CNY 160,010,347.79 after deducting non-recurring gains and losses, a decrease of 30.85% year-on-year[18]. - Net profit attributable to the parent company decreased compared to the same period last year, primarily due to a decline in average electricity selling price in the supply area, resulting in reduced gross profit margin[29]. - Total operating revenue for Q3 2020 was approximately ¥1.66 billion, a slight increase from ¥1.64 billion in Q3 2019, representing a growth of 1.5%[52]. - Net profit for Q3 2020 was approximately ¥62.53 million, compared to ¥63.61 million in Q3 2019, reflecting a decrease of 1.7%[55]. - The company reported a total profit of approximately ¥84.34 million for Q3 2020, slightly down from ¥85.34 million in Q3 2019, a decline of 1.2%[55]. - Operating profit for the third quarter of 2020 was CNY 7,354,738.38, compared to CNY 1,021,354.85 in the third quarter of 2019, indicating strong growth[61]. - Net profit for the first three quarters of 2020 was CNY 8,832,977.54, up from CNY 8,334,930.11 in the same period of 2019[61]. Revenue and Costs - Operating revenue for the first nine months was CNY 4,967,989,295.37, an increase of 0.72% compared to the same period last year[18]. - Total operating costs for Q3 2020 were approximately ¥1.59 billion, up from ¥1.56 billion in Q3 2019, indicating a rise of 2.3%[52]. - Cash inflow from operating activities for the first three quarters of 2020 was CNY 5,704,377,101.14, compared to CNY 5,618,743,752.04 in the previous year[63]. - The total cash outflow for operating activities was 4,829,558,718.70, slightly higher than 4,729,433,810.57, reflecting increased operational costs[65]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 8,237,886,897.96, a decrease of 0.72% compared to the end of the previous year[18]. - Total current assets as of September 30, 2020, amounted to RMB 2,212,532,778.82, compared to RMB 2,125,956,968.52 at the end of 2019[36]. - Non-current assets decreased from CNY 6,171,737,723.56 to CNY 6,025,354,119.14, a decline of about 2.37%[40]. - Current liabilities decreased from CNY 1,987,658,344.34 to CNY 1,729,902,092.02, a reduction of approximately 12.97%[40]. - Total liabilities decreased from CNY 2,942,471,149.44 to CNY 2,777,180,639.34, a decline of about 5.61%[42]. - The total liabilities decreased to approximately ¥11.83 billion in the current period from ¥13.17 billion in the previous period, a reduction of 10.2%[52]. - The company’s total liabilities reached ¥2,942,471,149.44, indicating a significant leverage position[76]. Shareholder Information - The total number of shareholders at the end of the reporting period was 39,637[24]. - The largest shareholder, Shanxi International Power Group Co., Ltd., held 57.33% of the shares[24]. - Shareholders' equity increased from CNY 5,355,223,542.64 to CNY 5,460,706,258.62, an increase of approximately 1.96%[42]. - The company reported a total of CNY 2,788,253,809.54 in undistributed profits, up from CNY 2,713,383,895.86, an increase of about 2.76%[42]. Cash Flow and Investments - Net cash flow from operating activities for the first nine months was CNY 874,818,382.44, a decrease of 1.63% year-on-year[18]. - Cash inflow from investment activities totaled 9,674,267.76, significantly up from 312,853.62, indicating a strong recovery in investment returns[65]. - The net cash flow from investment activities was -424,697,403.36, an improvement from -576,799,136.57, reflecting reduced cash outflows for investments[65]. - The company received cash from investments increased compared to the same period last year, mainly due to funds allocated for rural power grid renovation projects from the controlling shareholder[29]. - The cash received from investment income was 7,141,405.33, a significant increase from 208,895.70, highlighting improved investment performance[65]. Financial Ratios and Metrics - The weighted average return on equity decreased by 1.44 percentage points to 3.06%[18]. - The company’s financial expenses for Q3 2020 were approximately ¥11.95 million, down from ¥17.43 million in Q3 2019, a decrease of 31.5%[52]. - Research and development expenses for Q3 2020 were approximately ¥310,165, a 16.9% increase from ¥265,300 in Q3 2019[52]. - The company incurred a tax expense of CNY 102,707.05 in the third quarter of 2020, reflecting an increase in profitability[61].
通宝能源(600780) - 2020 Q2 - 季度财报
2020-08-25 16:00
Financial Performance - The company's operating revenue for the first half of 2020 was approximately CNY 3.31 billion, a slight increase of 0.35% compared to CNY 3.30 billion in the same period last year[20]. - The net profit attributable to shareholders decreased by 39.32% to CNY 103.51 million from CNY 170.57 million year-on-year[20]. - The net profit after deducting non-recurring gains and losses was CNY 101.78 million, down 40.75% from CNY 171.79 million in the previous year[20]. - The net cash flow from operating activities was CNY 488.91 million, a decrease of 13.55% compared to CNY 565.55 million in the same period last year[20]. - Basic earnings per share decreased by 39.31% to CNY 0.0903 from CNY 0.1488 in the same period last year[20]. - The weighted average return on net assets was 1.92%, down 1.37 percentage points from 3.29% in the previous year[20]. - Operating costs increased by 2.81% to CNY 2.915 billion, primarily due to increased electricity sales volume[35]. - The company's total revenue for the first half of 2020 was 3,308,430,137.29 RMB, a slight increase from 3,296,863,813.58 RMB in the same period of 2019, representing a growth of approximately 0.4%[115]. - The net profit for the first half of 2020 was 102,420.97 million, a decrease of 39.3% compared to 168,921.28 million in the first half of 2019[121]. Assets and Liabilities - The total assets at the end of the reporting period were CNY 8.29 billion, a slight decrease of 0.07% from CNY 8.30 billion at the end of the previous year[20]. - The total power generation was 2.768 billion kWh, while the total electricity sales reached 6.285 billion kWh[32]. - The company's total assets included CNY 1.632 billion in cash, representing 19.68% of total assets, a slight decrease from the previous year[36]. - Total current assets increased to ¥2,280,924,384.60 as of June 30, 2020, up from ¥2,125,956,968.52 as of December 31, 2019, representing a growth of approximately 7.3%[103]. - Total liabilities decreased to ¥2,894,876,023.42 from ¥2,942,471,149.44, a reduction of about 1.6%[108]. - The company's total equity as of June 30, 2020, is RMB 2,903,673,126.58, a decrease of RMB 59,172,709.39 compared to the beginning of the year[143]. Business Operations - The main business remains focused on thermal power generation and distribution, with revenue generated from selling electricity to State Grid Shanxi Electric Power Company[28]. - The company expects a 6% year-on-year increase in electricity consumption in the second half of 2020, with an overall annual growth of 2%-3%[28]. - The company is actively pursuing capital operations to facilitate its industrial transformation and upgrade[32]. - The company is exploring new business models, such as charging stations, to expand its electricity consumption market[47]. - The company has committed to resolving property rights defects, ensuring they do not affect normal business operations, and will expedite the rectification of any defects within 12 months after the national land survey results are published[53]. Environmental and Social Responsibility - The company is focused on enhancing power supply capabilities in impoverished areas, particularly in deeply impoverished regions, to support clean energy projects[63]. - The company aims to ensure full purchase of electricity generated by poverty alleviation solar power stations, prioritizing the settlement and distribution of electricity fees and subsidies[63]. - The company has maintained compliance with environmental standards, with emissions of particulate matter, sulfur dioxide, and nitrogen oxides averaging 1.85 mg/m³, 15 mg/m³, and 31.34 mg/m³ respectively, all below the required limits[74]. - The company helped 845 registered poor individuals to escape poverty and assisted 47 individuals in finding employment during the first half of 2020, with a total of 98,100 RMB in financial and material aid provided[68]. - The company invested 8.27 million RMB in poverty alleviation projects and provided 1.54 million RMB in material assistance[68]. Corporate Governance - The company did not propose any profit distribution plan or capital reserve transfer to share capital during the reporting period[6]. - The company has not reported any changes in accounting policies or estimates that would materially affect its financial status or results of operations[82]. - The total number of common shareholders at the end of the reporting period was 41,397[87]. - The largest shareholder, Shanxi International Power Group Co., Ltd., held 657,313,245 shares, representing 57.33% of the total shares[87]. - The company has no significant litigation or arbitration matters during the reporting period[57]. Financial Reporting and Accounting - 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[158]. - The company adheres to the relevant accounting standards, ensuring that the financial statements accurately reflect its financial position, operating results, changes in equity, and cash flows[160]. - The company recognizes goodwill when the acquisition cost exceeds the fair value of identifiable net assets acquired in a business combination[172]. - Financial assets are classified into three categories: measured at amortized cost, measured at fair value with changes recognized in other comprehensive income, and measured at fair value with changes recognized in profit or loss[183]. - The company evaluates the extent of risks and rewards retained when transferring financial assets to determine derecognition[198].
通宝能源关于参加山西辖区上市公司2020年度投资者网上集体接待日活动的公告
2020-06-11 07:47
证券代码:600780 股票简称:通宝能源 编号:2020-012 山西通宝能源股份有限公司 关于参加山西辖区上市公司 2020 年度投资者 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:2020 年 6 月 17 日 15:00-17:00 会议召开地点及方式:通过"全景•路演天下"网站采取网络 远程的方式举行 按照山西省上市公司协会《关于举办山西辖区上市公司 2020 年 度投资者网上集体接待日暨专题培训的通知》要求,为加强与广大投 资者的沟通交流,公司定于 2020 年 6 月 17 日(星期三)参加"山西 辖区上市公司 2020 年度投资者网上集体接待日"活动,现将有关活 动事项公告如下: 一、说明会类型 本次说明会以网络方式召开,届时将围绕公司治理、发展战略、 经营状况等投资者关注的问题进行沟通。 二、说明会召开的时间、地点 1、时间:2020 年 6 月 17 日 15:00-17:00 1 2、地点:此次集体接待日活动将通过"全景•路演天下"网站采 ...
通宝能源(600780) - 2020 Q1 - 季度财报
2020-04-28 16:00
2020 年第一季度报告 公司代码:600780 公司简称:通宝能源 山西通宝能源股份有限公司 2020 年第一季度报告 1 / 23 2020 年第一季度报告 一、 二、 11Í 四、 目录 | --- | |----------------| | | | 重要提示 . | | 公司基本情况 . | | 重要事项 . | | 附录 . | 2 / 23 2020 年第一季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整, 不存在虚假记载、误导性陈述或者重大遗漏,并承担个别和连带的法律责任。 1.2 公司全体董事出席董事会审议季度报告。 1.3 公司负责人李国彪、主管会计工作负责人李明星及会计机构负责人(会计主管人员)卫真保 证季度报告中财务报表的真实、准确、完整。 1.4 本公司第一季度报告未经审计。 二、 公司基本情况 2.1 主要财务数据 | --- | --- | --- | --- | |-----------------------------------------------|------------------|--------- ...
通宝能源(600780) - 2019 Q4 - 年度财报
2020-03-26 16:00
Financial Performance - The company's operating revenue for 2019 was RMB 6,614,814,601.66, representing a 9.75% increase compared to RMB 6,027,096,849.88 in 2018[23] - The net profit attributable to shareholders for 2019 was RMB 279,994,964.23, which is a 25.01% increase from RMB 223,970,466.72 in the previous year[23] - The net cash flow from operating activities was RMB 1,069,224,349.65, showing a decrease of 5.08% compared to RMB 1,126,440,611.21 in 2018[23] - The total assets at the end of 2019 were RMB 8,297,694,692.08, a decrease of 30.71% from RMB 11,975,078,822.90 at the end of 2018[23] - The company's net assets attributable to shareholders increased to RMB 5,381,858,509.27, reflecting a growth of 5.49% from RMB 5,101,863,545.04 in 2018[23] - Basic earnings per share for 2019 were RMB 0.2442, up 24.97% from RMB 0.1954 in 2018[26] - The weighted average return on equity increased to 5.34%, up 0.82 percentage points from 4.52% in the previous year[26] - The company plans to distribute a cash dividend of RMB 0.80 per 10 shares, totaling RMB 91,720,201.84 based on the total share capital of 1,146,502,523 shares[6] Operational Highlights - The company’s core business is in the electricity sector, focusing on thermal power generation and distribution[34] - The performance is driven by increased self-generated electricity and control over generation and management costs[34] - The company procures electricity from Shanxi Electric Power Company and sells it to end-users, optimizing grid structure to reduce losses[34] - The company operates in a cyclical industry, with its performance closely tied to electricity demand and pricing[34] - The company operates four 320,000 kW coal-fired generating units, which are fully equipped with desulfurization systems, achieving ultra-low emissions[37] - The company’s electricity supply covers 60% of the heating demand in Yangquan City and Pingding County[37] - The company has completed all upgrades for desulfurization, denitrification, and dust removal, meeting national environmental standards[43] Market and Industry Trends - In 2019, the total electricity consumption in China reached 72,255 billion kWh, representing a year-on-year growth of 4.5%[36] - The total power generation from large-scale power plants in 2019 was 71,422.1 billion kWh, with a year-on-year increase of 3.5%[36] - By the end of 2019, the total installed power generation capacity in China was 201,066 MW, an increase of 5.8% compared to 2018[36] - The new installed power generation capacity in 2019 was 10,173 MW, a decrease of 20.4% year-on-year[36] - The company faces increasing operational pressures due to ongoing electricity market reforms and rising fuel costs[102] - The company expects a recovery in electricity demand growth in 2020, with overall supply and demand expected to be balanced, despite regional and structural tightness[96] Environmental and Social Responsibility - The company achieved a 100% operational rate for desulfurization, denitrification, and dust removal facilities, with average emissions of 1.68 mg/m³ for dust, 17.68 mg/m³ for sulfur dioxide, and 29.62 mg/m³ for nitrogen oxides, all below the regulatory limits[159] - The company has not received any environmental penalties in 2019, indicating compliance with environmental regulations[160] - The company donated a total of 833,100 RMB for poverty alleviation, helping 1,129 registered poor individuals to escape poverty[144] - The company implemented 10 industrial poverty alleviation projects with an investment of 28.76 million RMB[147] - The company has received recognition for its poverty alleviation efforts, including awards for exemplary work in the field[151] Future Outlook and Strategies - For 2020, the company aims to achieve electricity generation of 5.8 billion kWh, electricity sales of 13 billion kWh, and operating revenue exceeding 6.897 billion yuan, with operating costs controlled within 6.049 billion yuan[104] - The company plans to enhance operational efficiency and expand market share through improved marketing strategies and new business development[104] - The company is focusing on green development and enhancing safety management to ensure stable electricity supply and network security[104] - The company will explore new profit growth points in response to the accelerating electricity market reform and the transition to a diversified competitive landscape[107] Governance and Compliance - The company emphasizes compliance and governance, ensuring timely and accurate information disclosure to protect shareholders' rights[51] - The company has committed to maintaining operational independence and avoiding related party transactions that could harm shareholder interests[121] - The company has implemented new accounting standards starting January 1, 2019, which did not impact the financial statements[125] - The company has not faced any penalties from securities regulatory agencies in the past three years[197] Human Resources - The company employs a total of 4,799 staff, with 1,534 in production, 1,358 in sales, and 1,069 in technical roles[200] - The total remuneration for all directors, supervisors, and senior management personnel at the end of the reporting period amounted to CNY 2.552 million[196] - The remuneration for senior management is structured as an annual salary system, consisting of a basic salary, performance salary, and term incentive income[196]
通宝能源(600780) - 2019 Q3 - 季度财报
2019-10-29 16:00
Financial Performance - Net profit attributable to shareholders of the listed company reached CNY 234,704,954.69, an increase of 43.34% year-on-year[17]. - Operating revenue for the first nine months was CNY 4,932,628,180.90, reflecting a growth of 15.69% compared to the same period last year[17]. - Net cash flow from operating activities for the first nine months was CNY 889,309,941.47, up 31.55% year-on-year[17]. - Basic earnings per share increased to CNY 0.2047, representing a growth of 43.35% compared to the previous year[17]. - The weighted average return on net assets rose to 4.50%, an increase of 1.18 percentage points from the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 231,400,255.64, up 39.45% year-on-year[17]. - The company’s overall profitability improved due to increased electricity sales from large industrial users in the areas served by its subsidiary[28]. - The company reported a net profit increase, with retained earnings rising to ¥2,678,722,810.51 from ¥2,441,722,754.19, an increase of about 9.7%[42]. - The total profit for the first three quarters of 2019 was CNY 8,334,930.11 million, compared to CNY 5,862,950.56 million in the same period of 2018, indicating a year-on-year increase of about 42%[62]. - The company’s comprehensive income for Q3 2019 was CNY 1,021,354.85 million, compared to CNY 898,408.79 million in Q3 2018, reflecting an increase of about 13.7%[64]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 11,820,597,136.30, a decrease of 1.29% compared to the end of the previous year[17]. - Total current assets as of September 30, 2019, were RMB 2,290,534,523.73, down from RMB 2,522,457,020.80 at the end of 2018[36]. - Current liabilities totaled ¥2,722,325,959.11, down from ¥3,165,309,389.75, representing a decrease of about 14%[42]. - Total liabilities decreased to ¥6,505,315,349.25 from ¥6,896,634,300.01, a reduction of around 5.7%[42]. - Total assets decreased to ¥11,820,597,136.30 from ¥11,975,078,822.90, a decline of approximately 1.3%[42]. - Long-term borrowings increased to ¥3,049,060,000.00 from ¥2,849,060,000.00, an increase of approximately 7%[42]. - The total current assets amounted to ¥47,934,035.52, slightly down from ¥48,492,247.64, a decrease of about 1.1%[46]. - Total liabilities amounted to approximately ¥6.90 billion, with current liabilities totaling ¥3.17 billion[80]. - Non-current liabilities reached approximately ¥3.73 billion, including long-term borrowings of ¥2.85 billion[80]. Shareholder Information - The total number of shareholders at the end of the reporting period was 43,407[24]. - The largest shareholder, Shanxi International Power Group Co., Ltd., held 657,313,245 shares, accounting for 57.33% of the total shares[24]. - Shareholders' equity increased to ¥5,315,281,787.05 from ¥5,078,444,522.89, reflecting an increase of about 4.7%[42]. - Total equity attributable to shareholders was approximately ¥5.10 billion, with retained earnings of approximately ¥2.44 billion[82]. Cash Flow and Investments - Cash and cash equivalents as of September 30, 2019, amounted to RMB 1,702,255,622.25, a decrease from RMB 1,883,929,288.56 at the end of 2018[36]. - Cash inflow from operating activities totaled CNY 5,618,743,752.04 million in 2019, compared to CNY 4,936,303,339.08 million in 2018, indicating a growth of approximately 13.9%[68]. - The cash received from investment activities decreased compared to the previous year, primarily due to a reduction in the amount converted from fixed deposits to current accounts by a subsidiary[28]. - Cash inflow from investment activities was ¥208,895.70, significantly lower than ¥7.64 million in the previous year, indicating a decrease of 97.26%[71]. - Cash outflow for investment activities totaled ¥98,385.50, compared to ¥65 million in the previous year, reflecting an increase of 51.25%[74]. Other Financial Metrics - Government subsidies recognized in the current period amounted to CNY 2,865,084.15[21]. - Accounts receivable decreased primarily due to the collection of electricity fees by Shanxi Sunshine Power Co., Ltd.[28]. - The company plans to contribute RMB 55,100,000 to the second phase of capital for Sujin Energy Holdings Co., Ltd., with the equity valued at RMB 60,726,960[29]. - Research and development expenses for Q3 2019 were ¥265,300.00, a decrease of 34.5% from ¥405,243.66 in Q3 2018[52]. - The company reported investment income of ¥2,796,896.91 in Q3 2019, up from ¥2,352,313.00 in Q3 2018[56]. - The company’s financial expenses showed a reduction, with interest expenses decreasing from CNY 138,964.65 million in 2018 to CNY 33,511.01 million in 2019 for the first three quarters[62].
通宝能源(600780) - 2019 Q2 - 季度财报
2019-08-23 16:00
Financial Performance - The company's operating revenue for the first half of 2019 was CNY 3,296,863,813.58, representing a 16.22% increase compared to CNY 2,836,824,850.13 in the same period last year[20]. - Net profit attributable to shareholders for the same period was CNY 170,571,255.86, a 39.07% increase from CNY 122,654,765.03 year-on-year[20]. - The net profit after deducting non-recurring gains and losses was CNY 171,789,999.53, up 37.60% from CNY 124,849,763.61 in the previous year[20]. - The basic earnings per share increased to CNY 0.1488, a rise of 39.07% compared to CNY 0.107 in the same period last year[21]. - The weighted average return on net assets rose to 3.29%, an increase of 0.78 percentage points from 2.51% year-on-year[21]. - The company reported a non-recurring loss of 1,218,743.67, primarily due to government subsidies and other non-operating income adjustments[25]. - The company’s core business remains focused on thermal power generation and distribution, with no significant changes in the business model[28]. - The company aims to optimize grid structure and reduce losses through cost control in electricity procurement and management[28]. Cash Flow and Assets - The net cash flow from operating activities was CNY 565,546,220.10, down 14.73% from CNY 663,216,654.19 in the previous year[20]. - Total assets at the end of the reporting period were CNY 11,814,663,562.48, a decrease of 1.34% from CNY 11,975,078,822.90 at the end of the previous year[20]. - The net assets attributable to shareholders at the end of the reporting period were CNY 5,276,098,321.98, reflecting a 3.42% increase from CNY 5,101,863,545.04 at the end of the previous year[20]. - Cash inflow from operating activities totaled CNY 3,655,676,710.96, an increase from CNY 3,272,112,279.87 in the same period last year, representing a growth of approximately 11.7%[134]. - Cash outflow from operating activities was CNY 3,090,130,490.86, compared to CNY 2,608,895,625.68 in the previous year, indicating an increase of about 18.4%[134]. - The ending balance of cash and cash equivalents was CNY 1,632,550,670.88, compared to CNY 1,488,992,747.08 at the end of the previous year, representing an increase of approximately 9.7%[136]. Market and Operational Insights - The company's power generation reached 2.959 billion kWh, an increase of 23.00% year-on-year, completing 51.91% of the budget[32]. - The total electricity sales amounted to 5.578 billion kWh, reflecting a year-on-year growth of 5.0%[32]. - The overall electricity consumption in Shanxi Province reached 111.511 billion kWh, with a year-on-year increase of 7.60%, ranking 9th nationwide[29]. - The expected national electricity consumption growth for 2019 is approximately 5.5% year-on-year[29]. - The company is actively expanding its market presence through strategic cooperation in electricity trading and direct supply to large users[49]. Investment and Strategic Initiatives - The company established a joint venture, Sujin Energy Holdings, with a 9.5% stake, investing CNY 570 million[42]. - The company has not disclosed any plans for new products, technologies, market expansion, or mergers and acquisitions in this report[22]. - The company is focusing on research and development of new products to enhance its competitive edge in the market[151]. - The company has indicated a commitment to enhancing shareholder value through strategic initiatives and potential mergers and acquisitions[151]. Environmental and Social Responsibility - Environmental regulations are tightening, leading to increased investment in environmental protection measures by the company[49]. - The company has implemented dynamic management of poverty population data and has conducted regular visits to registered impoverished households to ensure effective support measures[75]. - The company has provided targeted training for impoverished laborers to enhance their employment capabilities and achieve stable employment[75]. - The company has engaged in ecological protection projects, although specific investment amounts were not disclosed[79]. - The company has prioritized Tongbao Energy as the ultimate integration platform for its thermal power business, supporting it in project development and capital operations[58]. Shareholder and Governance Information - The total number of common shareholders at the end of the reporting period was 44,771[95]. - The largest shareholder, Shanxi International Power Group Co., Ltd., held 657,313,245 shares, representing 57.33% of total shares[95]. - The company reported no guarantees provided to shareholders, actual controllers, or related parties during the reporting period[70]. - The board of directors and senior management underwent elections, with several new appointments made[103]. - The company has not identified any related party relationships among its top shareholders[102]. Financial Reporting and Compliance - The financial statements are prepared based on the assumption of continuous operation, in accordance with the relevant accounting standards[163]. - The company’s financial reports are approved by the board of directors, ensuring compliance with the required disclosure regulations[161]. - The company recognizes the acquisition of control in a business combination as a single transaction for accounting purposes if it involves multiple transactions[175]. - The company’s consolidated financial statements include all subsidiaries controlled by the company, reflecting the overall financial position and performance of the group[182].
通宝能源关于参加山西辖区上市公司2019年度投资者网上集体接待日活动的公告
2019-05-17 11:00
证券代码:600780 股票简称:通宝能源 编号: 2019-018 山西通宝能源股份有限公司 关于参加山西辖区上市公司 2019 年度投资者 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:2019 年 5 月 23 日 14:30-16:30 会议召开地点及方式:通过"上证路演中心"、"全景.路演天 下网站"及微信公众号采取网络远程的方式举行 按照山西省上市公司协会《关于举办山西辖区上市公司 2019 年 度投资者网上集体接待日暨专题培训的通知》要求,为加强与广大投 资者的沟通交流,公司定于 2019 年 5 月 23 日(星期四)下午参加"2019 年山西辖区上市公司投资者集体接待日"活动,现将有关活动事项公 告如下: 一、说明会类型 本次说明会以网络方式召开,届时将围绕公司治理、发展战略、 经营状况、融资计划、可持续发展等投资者关注的问题进行沟通。 二、说明会召开的时间、地点 1、时间:2019 年 5 月 23 日 14:30 至 16:30 1 2、地 ...