Financial Performance - For the year ended December 31, 2022, the Group's revenue was approximately RMB2,122.3 million, an increase of approximately RMB341.2 million or 19.2% compared to the same period in 2021[17] - The Group's gross profit for the year ended December 31, 2022, was approximately RMB568.5 million, reflecting an increase of approximately RMB28.2 million or 5.2% year-over-year[17] - The net profit for the year ended December 31, 2022, amounted to approximately RMB254.2 million, representing an increase of approximately RMB27.0 million or 11.9% compared to 2021[18] - Basic and diluted earnings per share attributable to ordinary equity owners of the parent for the year ended December 31, 2022, were approximately RMB0.24, an increase of approximately RMB0.02 or 9.1% year-over-year[19] - The company reported revenue of approximately RMB 2,122.3 million for the year ended December 31, 2022, representing an increase of approximately RMB 341.2 million or about 19.2% compared to 2021[40] - Gross profit for the same period was approximately RMB 568.5 million, an increase of approximately RMB 28.2 million or about 5.2% year-over-year[40] - The net profit for 2022 was approximately RMB 254.2 million, reflecting an increase of approximately RMB 27.0 million or about 11.9% compared to the previous year[32] - Profit attributable to owners of the parent was RMB 242.0 million, up from RMB 226.2 million in 2021[39] - The basic and diluted earnings per share attributable to ordinary equity holders of the parent was RMB 0.24, an increase of approximately RMB 0.02 or about 9.1% from 2021[40] - The income tax expense for 2022 was approximately RMB 80.5 million, remaining stable compared to RMB 80.4 million in 2021[143] Dividends - The Board recommended a final dividend of RMB0.059 per ordinary share for the year ended December 31, 2022, subject to shareholder approval at the AGM[20] - The total dividends for the year, assuming the final dividend is approved, will amount to RMB0.095 per ordinary share, including an interim dividend of RMB0.036 per share[20] Profitability Ratios - The gross profit margin decreased to 26.8% in 2022 from 30.3% in 2021[40] - The net profit margin for 2022 was 12.0%, slightly down from 12.8% in 2021[40] Liquidity and Financial Stability - The current ratio decreased to 1.15 in 2022 from 1.43 in 2021, indicating a tighter liquidity position[40] - The company maintained a net debt to equity ratio of 14.3% in 2022, down from 16.7% in 2021, reflecting improved financial stability[40] Research and Development - The company plans to focus on investment in research and development, particularly in new processes and technologies to drive future growth[33] - The Group completed the research and development of recycling technology for lithium iron phosphate, which is expected to be industrialized in due course[62] - The Group's investment in research and development remains a priority, with ongoing upgrades to production processes and products[53] - The Group is actively developing new products, including lithium iron manganese phosphate and sodium ion battery materials, to expand its product range[62] - The company aims to enhance overall competitiveness through continuous research and development of new products and processes[110] Environmental Performance - The Group's NOx emissions decreased from 34 tonnes in 2021 to 18 tonnes in 2022, achieving a reduction intensity of 0.008 NOx emissions per million RMB revenue[65] - The Group's SOx emissions decreased from 9 tonnes in 2021 to 8 tonnes in 2022, with a reduction intensity of 0.004 SOx emissions per million RMB revenue[65] - The Group's particulate matter emissions decreased from 5 tonnes in 2021 to 1 tonne in 2022, achieving a reduction intensity of 0.0006 per million RMB revenue[65] - Direct GHG emissions increased to 152,177 tCO2e in 2022 from 148,877 tCO2e in 2021, while total GHG emissions rose to 302,119 tCO2e from 218,462 tCO2e[149] - Water consumption increased from 868,929 m³ in 2021 to 1,335,751 m³ in 2022, representing a 53.8% increase[162] - Water intensity rose from 409 m³ per million RMB revenue in 2021 to 750 m³ per million RMB revenue in 2022, indicating a 83.5% increase[162] - Wastewater quantity increased from 355,896 m³ in 2021 to 597,080 m³ in 2022, reflecting a 67.8% increase[166] - Wastewater intensity rose from 168 m³ per million RMB revenue in 2021 to 335 m³ per million RMB revenue in 2022, showing a 99.4% increase[166] - The Group aims to reduce wastewater discharge intensity from 2021 to 2025, with annual monitoring of emission intensity[164] - Non-hazardous waste recycling measures achieved nearly 100% recycling rate during the Reporting Period[173] - The Group has implemented rigorous management for hazardous waste to ensure safe treatment and minimize leakage risks[170] - The Group has established a target to reduce wastewater discharge intensity by monitoring emissions annually until 2025[164] - The Group's water-saving measures include optimizing processes and adopting new technologies to achieve zero water discharge in key operations[157] - The Group has set up designated areas for the separate collection of hazardous wastes to enhance waste management practices[170] - Hazardous waste produced decreased from 419 tonnes in 2021 to 364 tonnes in 2022, representing a reduction of approximately 13.1%[175] - Non-hazardous waste produced decreased from 8,699 tonnes in 2021 to 7,631 tonnes in 2022, a decline of about 12.3%[175] - Non-hazardous waste recycled remained stable at 99% for both 2021 and 2022[175] - The hazardous waste disposal intensity improved significantly from 0.21 to 0.04 tonnes per million RMB revenue, a reduction of approximately 81%[175] Production and Operational Efficiency - The battery materials segment recorded an annual sales revenue of approximately RMB689.5 million, representing an increase of approximately 297.4% compared to 2021[50] - The Group successfully realized stable and large-scale mass production of a new process for co-producing iron oxide red products, improving production capacity and lowering costs[53] - Tsaker New Energy achieved an annual electricity cost savings of approximately 200,000 yuan after modifications to the synthetic post reactor in the iron phosphate workshop[92] - The renovation of the nitrification reactor reduced steam consumption by 0.35 tons per ton of product, resulting in cost savings of about 5.68 million yuan[93] - Total energy consumption increased to 818,924 MWh in 2022 from 769,383 MWh in 2021, with total energy intensity slightly decreasing from 393 MWh/M' RMB revenue to 386 MWh/M' RMB revenue[95] - The company reported a significant increase in steam consumption due to the addition of the newly operated Dongying Production Plant, which underwent a testing phase[96] - Tsaker Huayu's energy consumption per ton of product decreased by 35.6% to 1.09 from 1.478, while Tsaker Dongao's decreased by 4.43%[99] Strategic Initiatives - The Group is considering the transfer of Tsaker Technology's listing to The Beijing Stock Exchange and a spin-off of Shandong TNM Group for better capital market presence[59] - Tsaker Technology successfully completed its listing on the NEEQ in 2022 and is considering a transfer to the Beijing Stock Exchange, with the application accepted by the regulatory authority on September 30, 2022[106] - The company plans to spin off Shandong TNM Group and list it independently on a recognized stock exchange in China, with an investment agreement signed with eight independent investors on March 10, 2023[106] Customer Concentration - Revenue from the top five largest customers accounted for approximately 38.6% of the Group's total revenue in 2022, up from 33.8% in 2021[200] Pricing and Sales Volume - The average unit selling price for battery materials was RMB 37,268 per ton, with a sales volume of 9,675 tons[132] - The average unit selling price for battery materials was RMB 14,991 per ton in 2022[196] Resource Conservation - The Group's Dongguang Production Plant reused 1,992 iron drums during the reporting period, contributing to resource conservation[180] - The Group emphasizes eco-friendly packaging materials while ensuring compliance with client and industry requirements[176]
彩客新能源(01986) - 2022 - 年度财报