Financial Performance - Goldwind reported a revenue of RMB 20.5 billion for the fiscal year 2023, representing a year-on-year increase of 15%[3]. - The company achieved a net profit of RMB 2.8 billion, which is a 10% increase compared to the previous year[3]. - The company achieved a revenue of RMB 50,243.73 million for the year ending December 31, 2023, representing an increase of 8.63% compared to RMB 46,253.53 million in 2022[12]. - The net profit attributable to shareholders was RMB 1,330.998 million, a decrease of 44.16% from RMB 2,383.433 million in the previous year[12]. - The company expects a revenue growth forecast of 12% for the next fiscal year, driven by increased demand for renewable energy solutions[3]. - The company's net profit margin attributable to shareholders decreased to 2.65%, down from 5.15% in the previous year, a decline of 2.50 percentage points[59]. - The weighted average return on net assets was 3.45%, a decrease of 2.93 percentage points compared to the previous year[59]. - The total cost of sales for the year ended December 31, 2023, was RMB 41,840.32 million, an increase of RMB 3,624.98 million or 9.49% compared to RMB 38,215.34 million for the year ended December 31, 2022[64]. - The gross profit for the year ended December 31, 2023, was RMB 8,403.40 million, reflecting an increase of RMB 365.21 million or 4.54% from RMB 8,038.19 million in the previous year[65]. - Other income and gains for the year ended December 31, 2023, amounted to RMB 3,625.33 million, a 16.67% increase from RMB 3,107.37 million in 2022[67]. Market Position and Strategy - The company has set a target to expand its market share in overseas markets by 25% over the next three years[3]. - Goldwind maintained a 20% market share in the domestic wind power market, ranking first in the country for thirteen consecutive years[16]. - The company is pursuing strategic acquisitions, including the potential purchase of four renewable energy companies, to strengthen its market position[8]. - The company is actively expanding its international presence, with wind turbine installations in 38 countries and nearly 50% of its exports going to overseas markets[39]. - The company plans to enhance its market expansion strategies and invest in new product development to drive future growth[67]. Research and Development - Goldwind plans to invest RMB 1 billion in R&D for new wind turbine technologies in 2024, aiming to enhance efficiency by 15%[3]. - The company has established eight R&D centers globally, employing over 3,000 experienced technical personnel to enhance innovation capabilities[36]. - The company is committed to technological innovation and product upgrades as key drivers for development, aiming to offer higher quality, lower-cost, and better-performing products and solutions[98]. Operational Efficiency - Goldwind's operational efficiency, measured by availability rate, improved to 98% in 2023, reflecting enhanced performance of its wind farms[4]. - The company launched a new line of smart wind turbines, which are projected to reduce operational costs by 10%[3]. - The average utilization hours for wind power equipment in China increased to 2,225 hours, with an average utilization rate of 97.3%, up by 0.5 percentage points from the previous year[30]. Environmental Commitment - The company committed to achieving 100% green electricity usage in its global operations by 2031 as part of the RE100 initiative[21]. - The company’s green electricity trading volume increased sixfold compared to 2022, successfully assisting multiple Fortune 500 companies in achieving high proportions of green electricity consumption[51]. Corporate Governance - The company emphasizes the importance of corporate governance and transparency, with experienced executives overseeing compliance and strategic planning[115]. - The company has complied with all applicable provisions of the Corporate Governance Code as of the fiscal year ending December 31, 2023[175]. - The board consists of 3 male and 3 female members, achieving gender diversity[192]. Leadership and Management - The company reported significant leadership changes, with key executives holding advanced degrees and extensive industry experience, enhancing the company's strategic direction[116]. - The board of directors consists of nine members, including three executive directors, three non-executive directors, and three independent non-executive directors, ensuring a diverse skill set and background[179]. Future Outlook - Goldwind's future outlook includes a focus on expanding its market presence and developing new technologies in the wind energy sector[117]. - The company aims to leverage its technological advancements to capture a larger share of the global wind energy market, focusing on innovation and efficiency[118].
金风科技(02208) - 2023 - 年度财报