JSNE(603693)2025-04-22 12:10Financial Performance - The company's operating revenue for 2024 reached ¥2,099,087,067.33, representing a 7.88% increase compared to ¥1,945,835,334.12 in 2023[24]. - Net profit attributable to shareholders decreased by 11.75% to ¥416,884,071.52 in 2024 from ¥472,368,729.66 in 2023[24]. - The net cash flow from operating activities was ¥989,509,274.70, up 7.71% from ¥918,715,997.89 in the previous year[24]. - The total assets increased by 7.17% to ¥17,623,746,044.27 at the end of 2024, compared to ¥16,444,138,498.92 at the end of 2023[24]. - Basic earnings per share decreased by 11.32% to ¥0.47 in 2024 from ¥0.53 in 2023[26]. - The weighted average return on equity fell to 6.37% in 2024, down 1.21 percentage points from 7.58% in 2023[26]. - The company's operating revenue for 2024 was 2.099 billion yuan, a year-on-year growth of 7.88%, while the gross profit margin was 51.43%, up 1.71 percentage points[36]. - Net profit attributable to shareholders was 417 million yuan, a decrease of 11.75% year-on-year, primarily due to asset impairment provisions totaling 256 million yuan[36]. - The company's cash flow from operating activities was 989.51 million RMB, an increase of 7.71% year-on-year[62]. - The company's total assets as of December 31, 2024, were 17.624 billion RMB, a growth of 7.17% from the beginning of the year[60]. Dividend Distribution - The company plans to distribute a cash dividend of 1.5 yuan per 10 shares, totaling approximately 133.72 million yuan based on a total share capital of 891,475,880 shares as of December 31, 2024[6]. - The company plans to distribute a cash dividend of RMB 1.5 per 10 shares, totaling RMB 133,721,382.00, which accounts for 32.08% of the net profit attributable to shareholders[162]. - Over the last three years, the cumulative cash dividend amounted to RMB 401,164,146.00, representing 88.15% of the average annual net profit during that period[167]. Operational Highlights - The company successfully met its annual production capacity goals and reform tasks, indicating a commitment to high-quality development[33]. - The company's total power generation for 2024 reached 35.38 billion kWh, a year-on-year increase of 10.11%, with grid-connected power generation at 33.60 billion kWh, up 8.48%[35]. - Wind power generation totaled 32.52 billion kWh, a 6.33% increase year-on-year, with onshore wind power at 22.22 billion kWh (up 1.04%) and offshore wind power at 10.29 billion kWh (up 19.89%)[35]. - The photovoltaic segment saw a total generation of 2.85 billion kWh, a significant increase of 89.12% year-on-year, with grid-connected power generation at 2.11 billion kWh, up 78.73%[35]. - The company's renewable energy projects contributed 3.36 billion kWh to the grid, marking an 8.48% increase year-on-year[60]. Risk Management - The company has not identified any significant risks that could materially impact its operational development during the reporting period[9]. - The company faces risks related to delayed renewable energy price subsidies, which could impact cash flow and investment returns[117]. - The company is diversifying its investment across various renewable energy sectors to mitigate risks associated with natural resource variability[122]. Governance and Compliance - The company held a total of 6 shareholder meetings during the reporting period, including 1 annual meeting and 5 temporary meetings, all in compliance with the Company Law and Articles of Association[130]. - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[126]. - The supervisory board is composed of 7 members, including 3 employee supervisors, adhering to legal and regulatory standards[127]. - The company has established a comprehensive internal control system to protect the rights of shareholders, particularly minority shareholders[126]. - The company has implemented strict information disclosure practices, ensuring transparency and fairness in providing information to all investors[127]. Environmental Responsibility - The company has achieved a total carbon dioxide equivalent emission reduction of 2,688,255 tons during the reporting period[179]. - The company generated a total of 3.538 billion kilowatt-hours of electricity through wind and solar power during the reporting period[179]. - The company’s subsidiaries have obtained pollution discharge permits and comply with national and local emission standards, with specific emissions for SO₂ at 12.73 mg/m³, NOx at 27.15 mg/m³, and particulate matter at 1.34 mg/m³[173]. - The total emissions for SO₂, NOx, and particulate matter were 10.05 tons, 24.19 tons, and 1.23 tons respectively, all within the permitted limits[173]. - The company has established and is operating pollution prevention facilities in accordance with national and local requirements[174]. Strategic Initiatives - The company plans to focus on offshore wind power, ultra-high voltage clean energy bases, and solar energy development as part of its strategic goals[113]. - The company aims to enhance development quality and efficiency by focusing on project development, capital operation, and technological innovation[112]. - The company is exploring new energy business layouts, including power market transactions and carbon trading, to identify new growth points[114]. - The company is committed to increasing innovation investment in renewable energy big data and other research and applications aligned with future development directions[114]. Human Resources - The total number of employees in the parent company and major subsidiaries is 593, with 45 in the parent company and 548 in subsidiaries[156]. - The company has a training plan in place to enhance employee skills and management capabilities, covering various training formats[159]. - The company has established a salary policy that links total salary to business performance, ensuring that employee compensation aligns with company profitability[158]. Related Party Transactions - The company engaged in related party transactions, purchasing medical goods from Jiangsu Province Medical Co., Ltd. for a total of 699,500 CNY, accounting for 0.40% of similar transactions[195]. - The company reported a total of 22,385,000 CNY in new borrowings from Jiangsu Province Guoxin Group Financial Co., Ltd., representing 19.50% of total borrowings[196]. - The company completed the transfer of land use rights and certain buildings for 49,387,400 CNY, which included tax[197].