Financial Performance - The company's operating revenue for 2014 was CNY 3,730,068,539, representing a 17.75% increase compared to CNY 3,167,752,858 in 2013[23] - The net profit attributable to shareholders for 2014 was CNY 172,761,205.49, which is a 20.83% increase from CNY 142,977,476.20 in 2013[23] - The basic earnings per share for 2014 was CNY 0.24, reflecting a 20.00% increase from CNY 0.20 in 2013[23] - The total profit for the year was CNY 267.89 million, reflecting a growth of 25.87% compared to the previous year[30] - The net profit attributable to shareholders was CNY 172.76 million, up 20.83% year-on-year[29] - The company reported a net profit margin of 12% for 2014, reflecting improved operational efficiency[139] Assets and Liabilities - The total assets at the end of 2014 amounted to CNY 3,817,770,559, marking a 6.58% increase from CNY 3,582,056,318 at the end of 2013[23] - The company's total assets at the end of 2014 amounted to ¥3,820,000,000, with cash and cash equivalents increasing to ¥505,879,275.13, representing 13.25% of total assets[49] - Total liabilities stood at CNY 1,345,439,283.23, compared to CNY 1,305,997,951.78 at the beginning of the year, reflecting an increase of approximately 3.01%[198] - The company's equity attributable to shareholders reached CNY 2,184,357,286.20, up from CNY 2,014,398,414.42, indicating a growth of about 8.43%[199] Cash Flow - The net cash flow from operating activities for 2014 was CNY 401,867,769.08, a decrease of 29.15% compared to CNY 567,194,545.45 in 2013[23] - The company reported a net cash flow from operating activities of CNY 401.87 million, a decrease of 29.15% from the previous year[31] - The total operating cash inflow was approximately CNY 4.47 billion, representing a 14.91% increase compared to CNY 3.89 billion in 2013[43] - The total operating cash outflow increased by 22.44% to CNY 4.06 billion from CNY 3.32 billion in the previous year[44] Investments and Expenditures - The company plans to raise up to CNY 1.266 billion through a non-public stock issuance to supplement working capital[29] - Research and development expenses were CNY 39.80 million, remaining relatively stable compared to the previous year[30] - Research and development expenditure for 2014 was CNY 39.80 million, accounting for 1.07% of operating revenue, a decrease from 1.26% in 2013[41] - The company is investing in R&D for new technologies, with a budget allocation of 50 million RMB for the development of cleaner energy solutions[139] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 1.3167556 per 10 shares to all shareholders, based on a total share capital of 731,669,800 shares[6] - The cash dividend payout ratio for 2014 was 55.77% of the net profit attributable to the parent company[76] - The cash dividend distribution plan for 2014 proposed a cash dividend of ¥1.3167556 per 10 shares, totaling ¥96,343,030.65, which represents 100% of the distributable profit[74][79] Operational Efficiency - Operating costs increased to CNY 3,319.04 million, a rise of 18.41% from the previous year, primarily due to the inclusion of new subsidiary costs[30] - The company’s operating efficiency is reported to be significantly higher than the industry average, attributed to its experienced management team[52] Market Position and Strategy - The sales volume of coal trade increased by 35.53% year-on-year, driven by the growth in the new energy subsidiary's coal trading[34] - Future strategies include expanding environmental protection projects and pursuing mergers and acquisitions in solid waste resource utilization and thermal power generation[60] - The company is considering strategic acquisitions to enhance its operational capabilities, with potential targets identified in the renewable energy sector[139] Governance and Compliance - The company emphasizes the importance of safety production and risk management, particularly in equipment safety and environmental compliance[61] - The company has established long-term agreements with major coal suppliers to ensure stable and cost-effective coal supply, mitigating raw material price fluctuation risks[63] - The company has implemented a performance evaluation system for senior management, linking annual salaries to the completion of operational targets[83] Shareholder Structure - The total number of ordinary shareholders at the end of the reporting period was 51,755, with a decrease from 48,671 prior to the annual report disclosure[123] - Zhejiang Fuchunjiang Communication Group holds 37.67% of the shares, totaling 276,764,000 shares, with 125,000,000 shares pledged[123] - The company’s major shareholder, Ordos Shenyu Energy Co., Ltd., holds 7.19% of the shares, totaling 52,838,000 shares, with 15,000,000 shares pledged[123] Employee and Management - As of December 31, 2014, the company had a total of 453 employees, with 181 in production, 10 in sales, 203 in technical roles, 15 in finance, and 44 in administration[151] - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 3.4899 million CNY, with 2.2699 million CNY from the company and 1.22 million CNY from shareholder units[146] - The company established a comprehensive salary management system and long-term incentive plans to attract and retain talent[158] Risk Management - The company has no significant risks affecting its production, financial status, or ongoing profitability[14] - The company reported a deferred income of 37.01 million due to changes in accounting policies, impacting various balance sheet items[66] Environmental Commitment - The company has maintained a focus on environmental protection, with no reported environmental pollution incidents in 2014[80] - The company is committed to adhering to environmental protection laws and continuously improving technology to reduce energy consumption and pollution[64]

浙江富春江环保热电股份有限公司 2014 年第三季度报告正文 证券代码：002479 证券简称：富春环保 公告编号：2014-047 浙江富春江环保热电股份有限公司 Zhejiang Fuchunjiang Environmental Thermoelectric Co.,LTD. （浙江省富阳市灵桥镇春永路 188 号） 2014 年第三季度报告正文 股票代码：002479 股票简称：富春环保 披露时间二○一四年十月 1 浙江富春江环保热电股份有限公司 2014 年第三季度报告正文 第一节 重要提示 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。 □ 是 √ 否 | | 本报告期末 | 上年度末 | | 本报告期末比上年度末增减 | | --- | --- | --- | --- | --- | | 总资产（元） | 3,765,613,016.52 | 3,582,056,318.28 | | 5.12% | | 归属于上市公司股东的净资产 | 2,162,854,757.24 | 2,038,889 ...

Financial Performance - The company achieved operating revenue of CNY 1,700,604,793.45, representing a 2.36% increase compared to the same period last year[23]. - The net profit attributable to shareholders was CNY 98,905,970.74, a decrease of 6.06% year-on-year[23]. - The total profit for the period was CNY 14,156,230, a decrease of 3.90% year-on-year, primarily due to impacts from downstream enterprises[30]. - The net profit attributable to shareholders was CNY 9,890,600, a decline of 6.06% year-on-year, with a notable adjustment resulting in a net profit of CNY 6,890,900, down 34.55%[30]. - The net profit for the first half of 2014 was CNY 117,844,377.97, slightly down from CNY 119,618,429.68 in the same period last year[92]. - The company's net profit for the current period is 89,167,351.85, reflecting a significant increase compared to the previous year[113]. - The net profit for the first half of 2014 was approximately CNY 110.66 million, reflecting a decrease of 8.94% compared to the previous year[110]. Cash Flow and Investments - The net cash flow from operating activities was CNY 213,337,718.42, down 19.89% from the previous year[23]. - The net cash flow from operating activities for the first half of 2014 was CNY 213,337,718.42, a decrease of 19.9% compared to CNY 266,308,805.63 in the same period last year[98]. - The company reported a net cash outflow from investment activities of CNY 122,683,261.93, compared to a significantly higher outflow of CNY 579,356,067.55 in the previous year[99]. - Cash inflow from financing activities totaled CNY 512,917,400.00, while cash outflow was CNY 481,045,010.08, leading to a net cash inflow of CNY 31,872,389.92[99]. - The company reported a significant increase in other receivables, which rose to CNY 428,530,460.54 from CNY 390,427,477.02, marking an increase of about 9.8%[88]. - The company invested CNY 76,164,883.90 during the reporting period, a significant decrease of 88.49% compared to CNY 661,998,000.00 in the same period last year[37]. Assets and Liabilities - Total assets at the end of the reporting period were CNY 3,618,337,847.60, an increase of 1.01% compared to the end of the previous year[23]. - The total assets of Zhejiang Fuchunjiang Environmental Protection Thermal Power Co., Ltd. increased to CNY 3,618,337,847.60 from CNY 3,582,056,318.28, reflecting a growth of approximately 1.0%[87]. - Current assets rose to CNY 1,200,004,368.32, up from CNY 1,184,389,174.27, indicating an increase of about 1.3%[85]. - Total liabilities decreased to CNY 1,221,855,493.29 from CNY 1,281,507,331.78, reflecting a reduction of approximately 4.7%[86]. - The company's equity increased to CNY 2,396,482,354.31 from CNY 2,300,548,986.50, indicating a growth of about 4.2%[86]. Shareholder Information - The company will not distribute cash dividends or issue bonus shares for the reporting period[7]. - The company has not distributed cash dividends or bonus shares for the previous fiscal year[44]. - Total number of common shareholders at the end of the reporting period is 55,878[72]. - Zhejiang Fuchunjiang Communication Group Co., Ltd. holds 37.67% of shares, totaling 276,764,000 shares[72]. - Hangzhou Fuyang Rongda Holding Group Co., Ltd. holds 11.11% of shares, totaling 81,600,000 shares, with 29,300,000 shares pledged[72]. - The company repurchased and canceled 25,500 restricted stocks held by departing incentive objects and 3,052,350 restricted stocks that did not meet unlocking conditions[68]. Risks and Challenges - The company faces risks from the decline in demand for heat due to the downturn in the paper and chemical industries, leading to increased accounts receivable[27]. - The fluctuation in coal prices poses a significant risk, with potential adjustments to electricity prices to support stable development in the industrial park[28]. - The company is facing risks from coal price fluctuations and potential adjustments to electricity prices due to coal-heat linkage policies[43]. Operational Developments - The company plans to invest approximately CNY 40 million in upgrading existing waste incineration equipment, which is expected to reduce waste treatment fee income by CNY 6 million[28]. - The company established Jiangsu Fuchunjiang Environmental Thermal Power Co., Ltd. to integrate the circular economy industry and expand its scale[32]. - The company is increasing its environmental investment to upgrade existing technologies, which will raise operational costs by approximately CNY 25 million annually[43]. Accounting and Financial Policies - The company has implemented accounting policies that comply with enterprise accounting standards, ensuring accurate financial reporting[119]. - The company recognizes revenue from the sale of goods when the major risks and rewards of ownership have been transferred to the buyer, and the company retains no continuing managerial involvement or control over the goods sold[171]. - The company recognizes bad debt provisions for accounts receivable based on significant individual amounts over 5 million RMB or those that exceed 10% of the total accounts receivable balance[130].

Financial Performance - The company's operating revenue for the first quarter was ¥788,557,854.65, an increase of 8.27% compared to ¥728,351,264.17 in the same period last year[5] - The net profit attributable to shareholders decreased by 23.28% to ¥41,196,425.18 from ¥53,695,313.34 year-on-year[5] - The net profit after deducting non-recurring gains and losses was ¥40,366,432.61, down 24.02% from ¥53,126,037.53 in the previous year[5] - Basic and diluted earnings per share were both ¥0.0558, representing a decrease of 23.35% from ¥0.0728[6] - The company expects net profit attributable to shareholders for the first half of 2014 to range from 89,497.6 to 110,555.8, reflecting a decrease of 15% to 5% compared to the same period in 2013[15] - The decline in profit is attributed to the downturn in the downstream paper industry and a reduction in heating prices to support local paper enterprises[15] Cash Flow and Assets - The net cash flow from operating activities was ¥60,665,826.71, a decline of 19.18% compared to ¥75,064,879.98 in the same period last year[6] - Total assets at the end of the reporting period were ¥3,564,124,679.44, a slight decrease of 0.5% from ¥3,582,056,318.28 at the end of the previous year[6] - The net assets attributable to shareholders increased by 2.02% to ¥2,080,085,459.60 from ¥2,038,889,034.42 at the end of the previous year[6] - Cash flow from investing activities improved by 66.56% to -17,462,223.19, mainly due to reduced cash outflows for acquisition activities[12] Shareholder Information - The company had a total of 60,971 shareholders at the end of the reporting period[8] - The largest shareholder, Zhejiang Fuchunjiang Communication Group Co., Ltd., held 37.51% of the shares, totaling 276,764,000 shares[8] - The company engaged in a repurchase transaction involving 6,000,000 shares, representing 0.81% of the total share capital[10] Receivables and Prepayments - Accounts receivable decreased by 72.43% to 38,709,954.21 due to increased bill payments[12] - Prepayments increased by 45.68% to 147,659,234.47 mainly due to increased advance payments for new materials and new energy subsidiaries[12] Expenses and Financial Metrics - Operating taxes and surcharges rose by 63.80% to 1,369,466.57, primarily due to increased value-added tax[12] - Financial expenses increased by 42.12% to 11,356,360.59 due to increased borrowing costs[12] - Employee compensation payable decreased by 40.03% to 1,843,183.14 due to the distribution of accrued wages[12] - Other operating expenses surged by 368.51% to 1,817,438.06, primarily due to donation expenditures[12] Investment Income - Revenue from investment income reached 6,660,087.08, marking a 100% increase due to the recognition of investment income from Yongtong Microfinance[12]

浙江富春江环保热电股份有限公司 2013 年年度报告全文 浙江富春江环保热电股份有限公司 Zhejiang Fuchunjiang Environmental Thermoelectric Co.,LTD. （浙江省富阳市灵桥镇春永路 188 号） 2013 年年度报告 股票代码：002479 简称：富春环保 披露时间：二○一四年三月 1 浙江富春江环保热电股份有限公司 2013 年年度报告全文 第一节 重要提示、目录和释义 本公司董事会、监事会及董事、监事、高级管理人员保证年度报告内容的 真实、准确、完整，不存在虚假记载、误导性陈述或重大遗漏，并承担个别和 连带的法律责任。 所有董事均已出席了审议本报告的董事会会议。 公司计划不派发现金红利，不送红股，不以公积金转增股本。 公司负责人吴斌、主管会计工作负责人骆琴明及会计机构负责人(会计主管 人员)骆琴明声明：保证年度报告中财务报告的真实、准确、完整。 2 | 目录 | | --- | | 第一节 重要提示、目录和释义 2 | | --- | | 第二节 公司简介 6 | | 第三节 会计数据和财务指标摘要 8 | | 第四节 董事会报告 10 | | 第五节 ...