载通(00062) - 2021 - 年度财报

Sustainability and Environmental Goals - The company aims for its entire fleet to use new energy by 2050, aligning with carbon neutrality policies from the government[3]. - KMB aims to achieve carbon neutrality by 2050, with a long-term goal of converting its entire fleet to new energy buses[46]. - The group plans to purchase 500 electric buses over the next five years, which will account for one-eighth of the current fleet of over 4,000 buses[46]. - KMB plans to have a total of 82 electric buses in service by the end of 2023, with a roadmap to fully electrify its fleet by 2050[54]. - The company is actively exploring energy-saving solutions to enhance energy efficiency and contribute to carbon neutrality in Hong Kong[53]. - KMB plans to install 22,000 solar panels across its facilities, generating over 10 million kWh of renewable energy and reducing carbon emissions by up to 5,400 tons annually[46]. - The company has installed over 3,500 solar photovoltaic panels at bus depots and stations to enhance renewable energy use and reduce greenhouse gas emissions[192]. - The company has introduced electric patrol vehicles and established charging facilities at major depots to support environmental performance[189]. - The company has implemented a waste management strategy that includes recycling and responsible disposal of various waste types, including wastewater and chemical waste[198]. - The company has adopted a mileage-based oil change program, resulting in a 40% reduction in oil consumption and waste oil generation[191]. Financial Performance - Revenue for the year ended December 31, 2021, was HKD 7,202.0 million, representing a 16% increase from HKD 6,190.9 million in 2020[29]. - Profit attributable to equity holders of the company decreased by 40% to HKD 245.0 million from HKD 408.6 million in the previous year[29]. - The company's equity attributable to equity holders increased by 4% to HKD 13,678.7 million from HKD 13,186.3 million[29]. - The net debt increased by 140% to HKD 1,895.0 million from HKD 788.8 million in the previous year[29]. - The year-end share price was HKD 12.80, down 15% from HKD 14.98 in 2020[34]. Operational Efficiency and Service Quality - The group operates over 4,000 buses, covering 423 routes in Hong Kong, making it the largest public bus operator in the region[9]. - The group is focused on enhancing operational efficiency and service quality through the introduction of innovative technologies[6]. - The company has established a comprehensive management framework to monitor daily operations and long-term investments[3]. - The company emphasizes risk management to address climate and social changes, ensuring positive value for shareholders and stakeholders[3]. - The company has implemented electronic payment systems across over 4,000 buses, enhancing cashless payment options for passengers[49]. - The company has implemented various measures to minimize environmental impact, including waste reduction, recycling, and compliance with local environmental regulations[166]. Community Engagement and Social Responsibility - The company is committed to corporate social responsibility, providing job opportunities for individuals with special learning needs and promoting community support for the elderly[54]. - KMB organized free ride days for seniors in December 2021, allowing them to travel for free on designated routes, demonstrating community engagement[65]. - The company actively participates in community activities and utilizes various platforms to engage with the public on sustainability issues[138]. - The company has established various channels for stakeholder communication, including mobile apps and social media platforms[134]. Innovation and Technology - The company is collaborating with SmarTone and Teksbotics to explore the introduction of a 5G autonomous driving system in Hong Kong[38]. - The company has implemented advanced technologies to reduce roadside emissions, including the use of near-zero sulfur diesel and the acquisition of the latest low-emission bus models[189]. - The introduction of the GreenRoad driver feedback system has led to a reduction in the fleet's average accident rate by approximately 10%, with over 80% of drivers achieving a satisfactory safety level[153]. - The driving monitoring system utilizes image processing and advanced facial recognition technology to detect driver alertness, providing immediate alerts in case of fatigue[154]. Governance and Compliance - The board consists of 9 non-executive directors, 5 independent non-executive directors, and 1 executive director, ensuring strong corporate governance[131]. - The group has implemented a systematic enterprise risk management system, submitting key risk performance indicator reports to the audit and risk management committee three times a year[131]. - The group adheres strictly to the Hong Kong Employment Ordinance, prohibiting child labor and forced labor in any form[132]. - The group has established a whistleblowing policy to encourage reporting of misconduct, with no reported incidents of corruption during the reporting period[133]. Challenges and Future Outlook - KMB has faced challenges due to the pandemic, with expectations that bus passenger volume and revenue will not return to pre-pandemic levels in the short term[51]. - The company acknowledges the impact of government regulations on its financial performance, particularly regarding fare adjustments which require government approval[57]. - Fuel price fluctuations represent a significant financial risk, impacting the company's cost structure and overall financial stability[58].