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中远海控(01919) - 2022 - 年度财报

Dividends and Financial Performance - COSCO SHIPPING Holdings announced a final dividend of RMB 1.39 per share for the year 2022, subject to shareholder approval[2]. - COSCO SHIPPING Holdings announced a cash dividend of RMB 2.01 per share for 2022, with a future dividend payout plan indicating that 30%-50% of the annual net profit attributable to shareholders will be distributed as dividends from 2022 to 2024[13]. - The company plans to distribute a total cash dividend of RMB 54.722 billion for 2022, which is approximately 50% of the net profit attributable to shareholders[24]. - The proposed cash dividend for the year-end 2022 is RMB 1.39 per share, totaling RMB 22.372 billion based on the total share capital of 16,094,861,636 shares, which represents approximately 50% of the net profit attributable to shareholders for 2022[104]. - The total cash dividends distributed for the year 2022, including the interim dividend, amount to RMB 54.722 billion, compared to RMB 13.933 billion for the year-end 2021[126]. - The company achieved a revenue of RMB 333.69 billion in 2021, ranking 37th in the 2022 Fortune China 500 list, an increase of 31 places from the previous year[14]. - The company's revenue for the year 2022 reached RMB 391,058,497 thousand, an increase of RMB 57,364,554 thousand, representing a growth rate of 17.19% compared to 2021[40]. - The profit attributable to equity holders of the company for continuing operations was RMB 109,684,166 thousand, an increase of RMB 20,335,218 thousand, with a growth rate of 22.76% compared to the previous year[40]. - The company reported an EBITDA of 191.26 billion RMB for 2022, an increase of 32.2% compared to 144.67 billion RMB in 2021[156]. - The net profit for the group rose to RMB 136,708,001,000, reflecting a significant increase compared to RMB 107,044,342,000 from the previous year[95]. Operational Developments - The company upgraded 8 shipping routes and added 3 new routes, totaling 42 routes with a fleet of 352 vessels and a capacity of 4.43 million TEU[12]. - The company launched a dedicated water transport service for supplies to Hong Kong, establishing a "lifeline" for epidemic prevention[12]. - COSCO SHIPPING Holdings received approval for the eBL electronic bill of lading system based on the GSBN blockchain platform, enabling large-scale application[12]. - The company signed a share transfer agreement for a 13.46% stake in COSCO SHIPPING Logistics for RMB 1.217 billion, enhancing its supply chain capabilities[18]. - The company launched the "MY REEFER" digital solution for cold chain management, enhancing visibility and control for customers[21]. - The company introduced a digital supply chain logistics platform, marking a significant step in its digital transformation efforts[21]. - The company launched new shipping routes in collaboration with the Ocean Alliance, enhancing service advantages on major trade lanes[25]. - The company completed a cargo volume of 7.5 million TEUs on third-country routes, reflecting its commitment to expanding international market presence[25]. - The company is advancing its digital transformation by optimizing supply chain services and launching the "Talent Pegasus" product[28]. - The company is constructing 12 methanol dual-fuel container ships to enhance its green fleet and sustainability efforts[29]. Sustainability and Environmental Initiatives - The company was included in several sustainability indices, reflecting its commitment to sustainable development practices[13]. - The company is committed to green transformation and sustainable development in the shipping industry, focusing on energy-saving technologies and green fuel research[106]. - The company has invested RMB 3.39 billion in environmental protection during the reporting period[135]. - 86% of the company's controlled terminals have obtained ISO 14001 environmental management system certification[137]. - The company has implemented a "oil-to-electric" conversion with a completion rate of 97.7% for its controlled terminals[140]. - The company aims to promote green methanol fuel as the preferred choice for its new energy container fleet[137]. - The company has established a comprehensive climate risk governance framework, integrating climate-related risk management into its overall risk management system[135]. - The company has developed a dynamic carbon emissions calculator to assist global customers in calculating their supply chain CO2 emissions[140]. Market Position and Strategy - The company maintained its leading position in the global container shipping market, with its fleet capacity ranking among the top tier in the industry according to Alphaliner data[76]. - The company emphasizes a global strategy, actively expanding into emerging markets and maintaining a balanced global layout to enhance profitability[85]. - The company aims to enhance its global carrier layout, focusing on optimizing mainline routes in Europe and America, with a total of 41 routes and a capacity of 4.62 million TEU as of December 2022[111]. - The company is focusing on integrating digital technologies with supply chain operations to enhance service resilience and competitiveness in the logistics sector[106]. - The company is expanding its global shipping network and digital information network to create a comprehensive service ecosystem in the container shipping sector[109]. - The company plans to enhance its comprehensive competitiveness in the container shipping and port operation sectors through strategic and business synergies, focusing on high-quality development[109]. Risk Management and Governance - The company emphasized the importance of risk awareness in its forward-looking statements, urging investors to consider investment risks[3]. - The company faces risks from slow global economic recovery and geopolitical tensions, which may impact logistics demand[116]. - The company is implementing strategies to monitor macroeconomic trends and enhance market sensitivity to mitigate risks[117]. - The company has established a communication and collaboration platform to improve planning and foresight in operations[195]. - The company has implemented a robust internal control management system to clarify responsibilities and improve risk management processes[195]. - The company has adopted its own corporate governance code, aligning with best practices and regulatory requirements[197]. - The company has maintained a commitment to best governance practices, with no reported violations of the corporate governance code during the reporting period[197]. Shareholder Information - As of March 10, 2023, China COSCO Shipping Group holds a total of 6,855,441,897 shares, representing approximately 42.59% of the total issued share capital[131]. - The cumulative amount of shares purchased by China COSCO Shipping Group from October 2021 to March 2023 is approximately RMB 16.77 billion[131]. - The total number of ordinary shareholders as of the end of the reporting period was 578,035[142]. - The major shareholder, China Ocean Shipping Company, is involved in international shipping and related services, indicating a focus on maritime logistics[147]. - The top ten shareholders include several state-owned enterprises, indicating a strong presence of state ownership in the company[146]. Future Outlook and Growth Plans - The company provided a positive outlook for 2023, projecting a revenue growth of 12% to 15% based on current market trends and demand forecasts[179]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[165]. - The company is considering strategic acquisitions to bolster its supply chain, with a budget of 1 billion RMB allocated for potential mergers and acquisitions in 2023[183]. - The company aims to enhance operational efficiency, projecting a 10% reduction in operational costs by implementing new management strategies[161]. - New product launches are expected to contribute an additional 1 billion RMB in revenue, with three major products set to be released in Q2 2023[180].