BNBMPLC(000786)2023-03-21 16:00Financial Performance - The company's operating revenue for 2022 was ¥19,934,313,133.14, a decrease of 5.49% compared to ¥21,085,691,108.46 in 2021[12]. - The net profit attributable to shareholders for 2022 was ¥3,136,397,898.47, down 10.71% from ¥3,510,191,056.04 in 2021[12]. - The net profit after deducting non-recurring gains and losses was ¥2,615,349,627.84, a decline of 23.39% from ¥3,413,787,201.74 in 2021[12]. - The basic earnings per share for 2022 were ¥1.856, down 10.73% from ¥2.078 in 2021[12]. - The weighted average return on equity for 2022 was 15.88%, a decrease of 4.07% from 19.94% in 2021[12]. - The company's total revenue for 2022 was CNY 1,993,431.31 million, a decrease of 5.49% year-on-year[36]. - The net profit attributable to shareholders was CNY 313,639.79 million, down 10.71% compared to the previous year[36]. - The company's total revenue for 2022 was 76,076,276 million RMB, reflecting a significant increase compared to the previous year[94]. Dividend Distribution - The company plans to distribute a cash dividend of 6.55 CNY per 10 shares to all shareholders, based on a total of 1,689,507,842 shares[2]. - The total number of shares for the dividend distribution is 1,689,507,842 shares, with a net profit of 211,517,062.75 CNY for the year 2022[122]. - The company reported a distributable profit of 1,558,690,029.05 CNY at the end of 2022, after accounting for the previous year's cash dividends[122]. Assets and Liabilities - The company's total assets at the end of 2022 were ¥28,604,536,225.61, representing a 7.64% increase from ¥26,573,872,662.88 at the end of 2021[13]. - The net assets attributable to shareholders increased by 10.61% to ¥20,955,711,697.05 at the end of 2022, compared to ¥18,944,787,215.48 at the end of 2021[13]. - The company's fixed assets were valued at ¥12,458,666,429.14, accounting for 43.55% of total assets, a decrease of 1.01% from the previous period[59]. - The total amount of restricted assets at the end of the reporting period was ¥34,467,143.20, primarily due to bank acceptance deposits and guarantees[62]. Production and Capacity - The company's gypsum board production capacity is 3.358 billion square meters, maintaining its position as the largest gypsum board manufacturer globally[33]. - The capacity utilization rate for gypsum board production was 64.29% during the reporting period, with plans to continuously improve this rate in the future[27]. - The company's gypsum board gross margin was 34.95%, a decrease of 2.31% compared to the previous year[26]. - The company's gypsum board inventory increased by 12.01% to 242 million square meters, with a book value of inventory goods at 1.481 billion yuan, an increase of 0.11 billion yuan from the beginning of the period[26]. Research and Development - The company invested CNY 86,111.41 million in research and development, a decrease of 1.54% year-on-year[36]. - Research and development investment reached ¥861 million in 2022, accounting for 4.32% of operating revenue, an increase of 0.17% from the previous year[41]. - The company has applied for a total of 7,232 patents, with 5,501 granted, indicating a strong focus on innovation and intellectual property[41]. - The company is committed to technological innovation and the development of new products to meet diverse customer needs, leveraging its brand influence in the industry[25]. Market Position and Strategy - The company has a leading market position in the gypsum board industry, ranking first in market share, and successfully covers both high-end and mid-range product markets[25]. - The company is focused on expanding its marketing network across major cities and developed regions, enhancing collaboration with real estate developers and construction companies[26]. - The company aims to capture 50% of the global gypsum board market as part of its strategy to become a world-class industrial benchmark[85]. - The company is committed to accelerating its internationalization efforts and advancing its global layout strategy[86]. Environmental Management - The company is actively responding to national carbon reduction policies and has implemented various measures to enhance environmental management and pollution control[24]. - The company has committed to further improving its environmental management practices in line with national standards[133]. - The company has implemented advanced dust collection systems, achieving a particulate matter emission level of 0.34 mg/m³ at Tianjin Beixin Building Materials Co.[136]. - The company is focused on enhancing its emission control technologies to further reduce pollutants in the future[136]. Governance and Compliance - The company has maintained a governance structure that complies with regulations set by the China Securities Regulatory Commission and the Shenzhen Stock Exchange, ensuring operational transparency and independent oversight[89]. - The company has established complete independence in operations, personnel, assets, institutions, and finances from its controlling shareholder, ensuring no overlap in business activities[90]. - The company has not reported any significant differences between its governance practices and the regulatory requirements[89]. - The company has a structured approach to remuneration that considers industry standards and historical compensation levels[105]. Legal Matters - The company has been involved in multiple lawsuits related to gypsum board quality issues, with claims totaling approximately 500,000 to resolve claims, while its subsidiary paid $6 million[156]. - The company has engaged both domestic and international legal counsel to defend against ongoing litigation since 2010[156]. - The company has consistently disclosed updates on litigation progress in its periodic reports since 2010[156].