Financial Performance - Total revenue for the year ended December 31, 2024, was RMB 534,054,000, representing a 4.00% increase from RMB 513,510,000 in 2023[2] - Operating profit decreased by 14.99% to RMB 119,668,000 from RMB 140,772,000 in the previous year[2] - Net profit attributable to equity shareholders was RMB 59,902,000, down 15.44% from RMB 70,842,000 in 2023[2] - Basic earnings per share decreased by 14.94% to RMB 0.131 from RMB 0.154 in the prior year[2] - The group reported a pre-tax profit of RMB 31,752,000 for 2024, down from RMB 36,878,000 in 2023, reflecting a decrease in financial costs[20] - For the year ended December 31, 2024, the company's pre-tax profit was RMB 89,958,000, a decrease of 16.54% from RMB 107,637,000 in 2023[26] - The actual tax expense for 2024 was RMB 30,039,000, down from RMB 36,797,000 in 2023, reflecting a reduction of 18.36%[26] - Operating expenses for the year ended December 31, 2024, were RMB 414,386,000, an increase of RMB 41,648,000 or 11.17% from RMB 372,738,000 in 2023[53] - Financial costs for the year ended December 31, 2024, were RMB 31,752,000, a decrease of RMB 5,126,000 or 13.90% from RMB 36,878,000 in 2023[56] - Income tax for the year ended December 31, 2024, was RMB 30,039,000, a decrease of RMB 6,758,000 or 18.37% compared to RMB 36,797,000 in 2023[57] Assets and Liabilities - Total assets increased by 10.71% to RMB 1,914,880,000 compared to RMB 1,729,629,000 in 2023[2] - Total equity attributable to equity shareholders rose by 7.37% to RMB 876,280,000 from RMB 816,130,000 in the previous year[2] - Net debt increased by 2.97% to RMB 718,317,000 from RMB 697,618,000 in 2023[2] - The debt-to-capital ratio improved to 45.05% from 46.09% in the previous year, a decrease of 2.26%[2] - As of December 31, 2024, the group's net current liabilities amounted to RMB 229,592,000, a decrease from RMB 284,999,000 as of December 31, 2023[11] - Total debt as of December 31, 2024, was RMB 832,775,000, an increase from RMB 828,337,000 as of December 31, 2023[63] Dividends - The company proposed a final dividend of HKD 0.014 per share, compared to no dividend in the previous year[2] - The board proposed a final dividend of HKD 0.014 per share for the year ended December 31, 2024, compared to no dividend in 2023, subject to shareholder approval[74] Revenue Sources - Total revenue for 2024 was RMB 534,054,000, an increase from RMB 513,510,000 in 2023, with electricity revenue contributing RMB 482,107,000 and heat sales revenue at RMB 39,260,000[16] - The group’s major customer accounted for over 10% of total revenue, generating RMB 494,794,000 in electricity and storage income in 2024, up from RMB 468,882,000 in 2023[17] - The company's overall heat sales volume decreased by 5.43% to 107,228 tons compared to 113,387 tons in 2023, with sales revenue dropping by 12.03% to RMB 39,260,000 from RMB 44,628,000[43] Operational Metrics - Total electricity generation increased by 15.62% to 305,663.81 MWh in 2024 from 264,361.73 MWh in 2023[41] - Total natural gas consumption decreased by 0.13% to 68,406,436 cubic meters in 2024 from 68,496,863 cubic meters in 2023[41] - The natural gas power generation volume increased by 15.62% to approximately 305,663.81 MWh from 264,361.73 MWh in 2023[46] Employee and Compensation - Employee costs for 2024 totaled RMB 27,603,000, slightly up from RMB 27,329,000 in 2023[21] - The total employee compensation for the year ended December 31, 2024, was RMB 27,603,000, an increase of 1% from RMB 27,329,000 in 2023, with a total of 278 employees as of December 31, 2024, compared to 266 in 2023[70] Capital Expenditure - Capital expenditure for the year ended December 31, 2024, was RMB 188,477,000, significantly higher than RMB 5,571,000 in 2023, primarily for construction projects[65] - As of December 31, 2024, the group's capital expenditure amounted to RMB 53,399,000, a decrease of 80.7% from RMB 275,655,000 as of December 31, 2023, primarily used for generator unit technology upgrades and maintenance[66] Compliance and Governance - The company has maintained compliance with all corporate governance codes throughout the year ending December 31, 2024[78] - The company has no significant contingent liabilities as of December 31, 2024, and 2023[68] Strategic Initiatives - The company plans to enhance its energy business diversification and seek new opportunities in line with China's dual carbon goals, focusing on green electricity, energy storage, and smart energy sectors[73]
普星能量(00090) - 2024 - 年度业绩