证券代码： 000937 证券简称：冀中能源 | --- | --- | --- | |----------------|---------------|----------------| | | | 编号：2023-006 | | 投资者关系活动 | ■特定对象调研 | □分析师会议 | | 类别 | □媒体采访 | □业绩说明会 | □新闻发布会 □路演活动 □现场参观 □其他 （请文字说明其他活动内容） 参与单位名称 山西证券、沣融基金 时间 2023 年 5 月 12 日 地点 现场交流 上市公司接待人 总 会 计 师 兼 董 秘 王立鑫 财 务 部 副 部 长 杨立军 员姓名 公司证代 李英 1、公司现有矿井储量是多少？ 答：公司下属矿井总地质储量 29.31 亿吨，年度核定生产 能力 3,265 万吨。 2、电煤长协占比大概多少？长协价还是按上限执行吗？ 答：2022 年 5 月份之后，动力煤价格按照国家要求以保 供为主，并按照限价上线执行，长协签订量占公司动力煤产量 投资者关系活动 的 75-80%左右，现货占 20-25%。公司动力煤价格今年按照国 主要内容介绍 家发改委对河北、山西、内蒙等地 ...

证券代码： 000937 证券简称：冀中能源 | --- | --- | --- | |----------------|---------------|----------------| | | | 编号：2023-005 | | 投资者关系活动 | ■特定对象调研 | □分析师会议 | | 类别 | □媒体采访 | □业绩说明会 | □新闻发布会 □路演活动 □现场参观 □其他 （请文字说明其他活动内容） | --- | |--------------------------------------------------------| | 国海证券、中金基金、博时基金、申万菱信基金、正圆投资、 | | （淡水泉）北京、上银基金、中荷人寿保险、太平资产、华泰 | | 保险、相聚资本、中科沃土基金、顺时国际投资、进门财经、 | | 趣时、上海银叶投资等 16 家机构 | 参与单位名称 时间 2023 年 5 月 9 日 地点 网络交流 上市公司接待人 总会计师兼董秘 王立鑫 财务部部长 张文彬 财务部副部 员姓名 长 杨立军 公司证代 李英 1、2022 年洗精煤销量 1,251.10 万吨，请公司具体拆分 ...

Financial Performance - Revenue for Q1 2023 was CNY 7,924,881,240.15, a decrease of 14.16% compared to CNY 9,232,472,480.43 in the same period last year[3] - Net profit attributable to shareholders was CNY 2,703,311,457.26, an increase of 174.79% from CNY 983,779,634.82 year-on-year[3] - Net profit excluding non-recurring gains and losses was CNY 1,208,452,823.47, up 15.51% from CNY 1,046,231,340.66 in the previous year[3] - Total operating revenue for Q1 2023 was ¥7,924,881,240.15, a decrease of 14.2% from ¥9,232,472,480.43 in Q1 2022[13] - Net profit for Q1 2023 reached ¥2,890,446,594.00, an increase of 142.5% compared to ¥1,193,318,779.99 in Q1 2022[14] - The comprehensive income for Q1 2023 was ¥2,885,277,988.98, compared to ¥1,193,229,965.75 in Q1 2022, reflecting strong performance[15] Cash Flow - Operating cash flow net amount reached CNY 990,045,615.30, representing a 56.68% increase from CNY 631,880,143.14 in the same quarter last year[3] - The net cash flow from operating activities for the current period is ¥990,045,615.30, an increase of 56.8% compared to ¥631,880,143.14 in the previous period[16] - Cash received from sales of goods and services is ¥7,622,370,287.69, down from ¥9,082,462,022.81 in the previous period, indicating a decline of 16.1%[16] - Cash paid for goods and services is ¥3,472,213,065.23, a decrease from ¥5,693,679,766.76, reflecting a reduction of 39.0%[16] - Total cash inflow from investment activities is ¥622,748,203.86, significantly up from ¥29,791,222.73 in the previous period[17] - The cash outflow for investment activities decreased to ¥355,428,324.11 from ¥1,407,205,676.56, indicating a reduction of 74.8%[17] Assets and Liabilities - Total assets at the end of the period were CNY 52,551,484,117.19, an increase of 2.07% from CNY 51,486,412,192.38 at the end of the previous year[3] - Total liabilities decreased to CNY 19,779,198,033.44 from CNY 18,719,685,587.62, indicating a decrease of about 5.3%[12] - The total liabilities decreased to ¥25,320,228,196.34 from ¥26,554,650,160.01 year-over-year[13] - Total equity increased to ¥27,231,255,920.85 from ¥24,931,762,032.37 in the previous year[13] Shareholder Information - Shareholders' equity attributable to shareholders was CNY 23,918,083,852.22, up 13.25% from CNY 21,120,080,179.87 at the end of the previous year[3] - The number of ordinary shareholders at the end of the reporting period was 75,324[8] - The largest shareholder, Jizhong Energy Group Co., Ltd., held 32.81% of the shares[8] Research and Development - R&D expenses for the period amounted to CNY 258,986,593.96, a significant increase of 512.54% compared to the previous year[7] - Research and development expenses rose to ¥258,986,593.96, compared to ¥42,280,844.45 in Q1 2022, indicating a focus on innovation[14] Investment Income - Investment income for the period was CNY 1,618,186,428.09, a remarkable increase of 7366.83% due to the recognition of gains from the transfer of equity in Jinniu Chemical[7] - Investment income for Q1 2023 was ¥1,618,186,428.09, significantly higher than ¥21,671,678.56 in the previous year[14] Other Financial Information - The company received a public reprimand from the Shenzhen Stock Exchange due to a failure to disclose financial transactions amounting to CNY 400,000,000, which represented 1.92% of the company's audited net assets for 2021[10] - The company reported a decrease in tax and additional charges to ¥319,212,684.63 from ¥326,264,595.52 year-over-year[14] - The company completed the transfer of 381,262,977 shares of Hebei Jinniu Chemical Co., Ltd., accounting for 56.04% of its total share capital, for a total consideration of CNY 2,318,078,900.16[10]

Financial Performance - The company's operating revenue for 2022 was ¥36,036,360,896.83, representing a 14.68% increase from ¥31,424,241,158.19 in 2021[12]. - The net profit attributable to shareholders for 2022 was ¥4,457,694,151.27, a significant increase of 62.73% compared to ¥2,739,346,330.99 in 2021[12]. - The basic earnings per share for 2022 was ¥1.2615, up 62.73% from ¥0.7752 in 2021[12]. - The total assets at the end of 2022 amounted to ¥51,486,412,192.38, a 3.10% increase from ¥49,936,991,044.63 at the end of 2021[12]. - The net assets attributable to shareholders at the end of 2022 were ¥21,120,080,179.87, which is a 1.45% increase from ¥20,817,599,356.41 at the end of 2021[12]. - The company reported a weighted average return on equity of 21.42% for 2022, up from 13.58% in 2021, indicating improved profitability[12]. - The company achieved a profit total of 35.34 billion yuan, reflecting a strong commitment to shareholder returns[24]. - The company reported a net profit margin of approximately 10% for the fiscal year 2022[72]. - The company reported a total revenue of 4.1 billion in 2022, with a year-on-year increase of 4%[72]. - The company reported a significant increase in revenue, achieving a total of 10 billion RMB for the fiscal year 2022, representing a year-over-year growth of 15%[75]. Cash Flow and Investments - The net cash flow from operating activities was ¥5,504,578,259.14, reflecting a 9.68% increase from ¥5,018,810,655.08 in the previous year[12]. - The net cash flow from operating activities reached ¥631.88 million in Q1, surged to ¥2.47 billion in Q2, then fell to ¥1.25 billion in Q3, and slightly decreased to ¥1.16 billion in Q4[15]. - The company reported a net cash outflow from investing activities of approximately ¥961.34 million in 2022, an improvement from a net outflow of ¥1.93 billion in 2021[191]. - The net cash flow from investment activities was negative at -¥849,105,868.80, compared to -¥229,769,064.79 in the previous year, indicating increased investment outflows[192]. - The company reported a total cash inflow from investment activities of ¥7,032,320,042.40, slightly up from ¥6,982,041,829.47 in the previous year[192]. Production and Sales - The company produced 26.37 million tons of raw coal in 2022, with coal sales reaching 28.92 million tons, generating coal sales revenue of approximately ¥29.38 billion, accounting for 81.52% of total operating revenue[20]. - The company produced 2,636.63 million tons of coal in 2022, a 1.94% increase from 2,586.34 million tons in 2021[25]. - The sales volume of coal in 2022 was 2,892.00 million tons, showing a slight decrease of 0.59% compared to 2,909.31 million tons in 2021[25]. - The company’s coal production is primarily focused on coking coal and thermal coal, with coking coal being used mainly in the steel industry[20]. - The company’s glass fiber production increased by 70.86% in 2022, reaching 25.80 million tons compared to 15.10 million tons in 2021[25]. - The company’s methanol production rose by 5.42% to 22.76 million tons in 2022, up from 21.59 million tons in 2021[25]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥10 per 10 shares to all shareholders, with no bonus shares issued[3]. - The profit distribution plan for 2022 includes a cash dividend of RMB 10 per 10 shares, totaling RMB 3.534 billion, which represents 100% of the profit distribution amount[97]. - The company has a stable profit distribution policy, emphasizing reasonable returns to investors while ensuring sustainable development[96]. Research and Development - R&D expenses increased significantly by 133.46% to ¥759,466,679.89 in 2022, primarily due to increased investment in R&D[40]. - The number of R&D personnel rose by 25.80% to 2,560 in 2022, compared to 2,035 in 2021[42]. - The proportion of R&D investment to operating income increased by 1.07 percentage points to 1.04% in 2022[43]. Environmental Compliance - The company has committed to adhering to environmental standards, including the Air Pollution Prevention and Control Law and the Water Pollution Prevention and Control Law[109]. - The total emissions from the Dongpang mine flue gas were 124.8 tons of COD and 4.04 tons of ammonia nitrogen, indicating a need for further compliance measures[3]. - The company faced a total of 6 administrative penalties due to environmental issues, with fines amounting to 2 million, 7.5 million, 5 million, 75.5 million, 66.5 million, and 58.5 million yuan respectively[116]. - The company has established emergency response plans for environmental incidents, which have been reviewed by experts[115]. Corporate Governance - The company has established a relatively complete corporate governance structure, complying with the requirements of the Company Law and the regulations issued by the China Securities Regulatory Commission[63]. - The company operates independently from its controlling shareholder in terms of business, personnel, assets, institutions, and finance, ensuring complete operational autonomy[64]. - The company has a clear ownership structure, with no instances of funds or assets being used by the controlling shareholder without compensation[64]. - The company has a dedicated financial department that operates independently, ensuring sound financial management and compliance[64]. Future Outlook and Strategy - The company plans to achieve a raw coal production of 27.1 million tons and an operating revenue of 36 billion yuan in 2023[58]. - The company aims to expand its coal business to a scale of 50 million tons within three to five years by acquiring quality coal resources[58]. - The company is focused on transforming its non-coal businesses, particularly in building materials and chemicals, to enhance profitability[58]. - The company has outlined plans for potential mergers and acquisitions to expand its market presence and enhance competitive advantages[72]. Related Party Transactions - The total amount of related party transactions with the Pingfang Group was CNY 651.02 million, accounting for 3.52% of similar transactions[136]. - The total amount of related party transactions for coal sales with the Pingfang Group reached CNY 187,354.49 million, representing 6.48% of similar transactions[136]. - The company has confirmed compliance with all commitments made in previous agreements regarding related transactions and competition[125]. Employee and Management Structure - The company has a total of 41,445 employees, with 28,974 in production, 865 in sales, and 2,707 in technical roles[91]. - The management team consists of professionals with advanced degrees and significant industry experience, enhancing decision-making capabilities[73]. - The company has a strong focus on safety production and organizational reform, overseen by Yan Yunsong[73]. Financial Position - The company's total liabilities stood at CNY 21,714,426,705.92, slightly down from CNY 21,724,523,861.79 in 2021[185]. - The company's total equity increased to CNY 22,476,402,342.08 from CNY 22,243,200,074.36, showing a growth of 1.0%[185]. - The company's asset-liability ratio increased to 79.98% as of September 30, 2022, compared to 79.47% at the end of 2021[174].

Group 1: Company Operations - The company is currently executing 276 working days, with a relaxation of the 330-day regulation due to tight coal supply and policy adjustments [2] - Long-term agreements have been signed with clients like Hebei Steel, with prices adjusted according to market conditions [3] - The company has a repayment plan for previous debts, requiring payment before shipment [3] Group 2: Pricing and Market Conditions - The company's coking coal prices began to rise from March-April, saw a slight adjustment of approximately 20 yuan around July-August, and accelerated upward from September [3] - Winter does not significantly affect steel production, but weather conditions may impact coal transportation [3] Group 3: Financial Strategy - The company maintains ample funds for adjusting short and long-term loans and for seizing good investment opportunities, which is part of its strategic planning [3] - The company has completed preliminary audits and evaluations for purchasing Huayao equity and is awaiting approval from the State-owned Assets Supervision and Administration Commission [3] Group 4: Production Costs - In recent years, the company's production costs have been gradually compressed due to declining coal demand, but costs may increase next year due to higher maintenance and repair expenditures on underground equipment [3]