深圳能源(000027) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 was CNY 41.21 billion, representing a 1.75% increase from CNY 40.50 billion in 2023[20]. - The net profit attributable to shareholders decreased by 1.99% to CNY 2.01 billion in 2024 from CNY 2.05 billion in 2023[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses fell by 22.01% to CNY 1.69 billion in 2024 compared to CNY 2.16 billion in 2023[20]. - The net cash flow from operating activities decreased by 19.43% to CNY 9.61 billion in 2024 from CNY 11.93 billion in 2023[20]. - The total assets at the end of 2024 increased by 5.16% to CNY 161.37 billion from CNY 153.46 billion at the end of 2023[20]. - The net assets attributable to shareholders rose by 3.64% to CNY 48.42 billion at the end of 2024 compared to CNY 46.72 billion at the end of 2023[20]. - The basic earnings per share increased by 3.70% to CNY 0.28 in 2024 from CNY 0.27 in 2023[20]. - The weighted average return on equity decreased by 0.05 percentage points to 4.47% in 2024 from 4.52% in 2023[20]. - The company reported a quarterly operating revenue of CNY 10.80 billion in Q4 2024, with a net profit attributable to shareholders of CNY -120.34 million[24]. - The cash flow from operating activities in Q4 2024 was CNY 2.16 billion, showing a significant recovery from the previous quarter[24]. Dividend Distribution - The company plans to distribute a cash dividend of 1.50 CNY per 10 shares to all shareholders, based on a total of 4,757,389,916 shares[5]. - Cumulative cash dividends exceeded CNY 11.784 billion, with a cash dividend payout ratio of 34.32% of net profit attributable to the parent company[48]. - The proposed cash dividend for the 2024 fiscal year is RMB 1.50 per 10 shares, amounting to RMB 713.61 million, with no stock bonus or capital reserve conversion into shares planned[162]. - The company's distributable profit for the reporting period was RMB 2,588.23 million, with the cash dividend representing 100% of the profit distribution[162]. Operational Highlights - The company added a total installed capacity of 4.5964 million kilowatts in 2024, with 3.8374 million kilowatts from natural gas, 130,000 kilowatts from wind, 837,000 kilowatts from solar, 87,000 kilowatts from waste-to-energy, and a reduction of 295,000 kilowatts in coal power[34]. - The company achieved a daily solid waste processing capacity of 50,515 tons, an increase of 6,240 tons/day or 14.09% compared to the end of 2023, with a total waste processing volume of 13.98 million tons in 2024, up 7.79% year-on-year[36]. - The gas segment reported a sales volume of 3.345 billion standard cubic meters in 2024, representing a year-on-year growth of 51.91%[37]. - The company completed 244 information technology projects in 2024, with a total investment of 129 million yuan, reflecting a 37.9% increase from the previous year[38]. - The company has established 42 solid waste treatment plants across various provinces, expanding its operations into multiple waste management sectors[36]. Environmental Initiatives - The company is focused on achieving its "14th Five-Year Plan" goals, emphasizing low-carbon electricity and ecological environmental services[33]. - The company reported a significant increase in renewable energy generation, with solar power generation rising by 43.7% to 83.83 billion kilowatt-hours in 2024[31]. - The company is actively involved in the development of a new power system, aligning with national policies to enhance renewable energy integration[29]. - The company is committed to improving safety performance and environmental compliance to ensure stable operational development[107]. - The company has implemented ultra-low emissions technology to meet stringent environmental standards[177]. Research and Development - The company completed the development and application of a new control strategy for thermal power units, enhancing frequency modulation performance and reducing operational costs[67]. - The number of R&D personnel increased to 828 in 2024, representing a growth of 103.94% compared to 406 in 2023[68]. - R&D investment amounted to ¥342,307,518.06 in 2024, an increase of 11.94% from ¥305,784,648.32 in 2023[69]. - The company aims to enhance its renewable energy business through various technological advancements and system integrations[68]. - The company is investing 50 million in R&D for new technologies aimed at enhancing operational efficiency[5]. Compliance and Governance - The company emphasizes the importance of compliance with securities laws and regulations, committing to improve internal controls and information disclosure quality[139]. - The company has established a comprehensive internal control system, with 245 management standards in place as of the end of 2024[165]. - The internal control evaluation report indicates that 73.82% of the total assets and 65.80% of the total revenue of the consolidated financial statements were included in the evaluation scope[168]. - The company has not identified any major internal control deficiencies during the reporting period[166]. - The company is focused on strengthening its internal control systems to prevent future regulatory issues and enhance operational transparency[139]. Market Expansion and Strategic Initiatives - The company is expanding its market presence with a focus on international markets, aiming for a 15% increase in foreign investments[85]. - The company is exploring strategic acquisitions, with a focus on enhancing its portfolio through mergers and partnerships[86]. - The company is actively pursuing mergers and acquisitions to expand its market presence and enhance operational capabilities[96]. - The company plans to enhance its natural gas trade scale and improve supply chain resilience by investing in upstream gas sources and diversifying procurement paths[106]. - The company is negotiating to optimize pricing strategies for its insurance products, aiming to enhance competitiveness in the market[96]. Emission Control and Environmental Compliance - The company achieved a sulfur dioxide emission level of 17.87 mg/Nm3, which is compliant with the ultra-low emission standards set by GB_13223-2011[178]. - The company is committed to reducing emissions and has set specific targets for various pollutants, including a dust emission target of ≤5 mg/Nm3[180]. - The company has reported a significant reduction in emissions, with a dust emission level of 2.4 mg/Nm3 recorded[179]. - The company is actively pursuing ultra-low emission technologies to enhance its environmental performance[180]. - The company plans to implement low emission and energy-saving renovation projects across its facilities[182].