CCS(SH:600180)2023-04-26 16:00Financial Performance - In 2022, the company's operating revenue reached ¥55,874,225,622.03, an increase of 17.28% compared to ¥47,642,974,001.79 in 2021[23] - The net profit attributable to shareholders was ¥459,802,661.93, a decrease of 43.88% from ¥819,390,202.38 in the previous year[23] - The net profit after deducting non-recurring gains and losses was ¥342,736,000.12, down 59.55% from ¥847,236,787.64 in 2021[23] - The cash flow from operating activities was ¥3,235,392,905.91, a significant recovery from a negative cash flow of ¥571,437,812.66 in 2021[23] - The total assets increased by 10.50% to ¥30,493,634,644.99 from ¥27,594,968,384.27 in 2021[23] - The net assets attributable to shareholders rose by 9.67% to ¥7,507,356,450.57 compared to ¥6,845,188,162.19 at the end of 2021[23] - The basic earnings per share decreased by 44.98% to ¥0.4435 from ¥0.8061 in 2021[24] - The weighted average return on equity was 6.39%, down from 12.59% in the previous year[25] Revenue and Sales - The company shipped 47.3569 million tons of coal, with international coal business accounting for 25.6029 million tons[35] - The coal category generated operating revenue of RMB 43.228 billion, an increase of 19.66% year-on-year[35] - The company expanded its international market presence, achieving significant sales in countries such as South Korea, Japan, and India, among others[34] - The domestic coal import volume was 290 million tons, a decrease of 9.2% year-on-year[34] Investments and Partnerships - The company established a strategic partnership with Beijing Hai New Energy Technology Co., Ltd. to promote the domestic biodiesel industry, following the successful import of palm oil methyl ester (POME) for biodiesel production[36] - The company reported an investment income of 390 million yuan from joint ventures and associates, an increase of 18.50% year-on-year[37] Operational Challenges - The company faced challenges due to the global commodity supply chain and geopolitical tensions, impacting its operational strategies[33] - The company is aware of the risks associated with RMB exchange rate fluctuations, as its import business is primarily priced in USD and SGD, while domestic sales are in RMB[98] - The company faces risks from macroeconomic fluctuations, global operations, and competition, which may impact its business performance[96][97][99] Research and Development - Research and development expenses increased by 35.73% to ¥4,900,250.76, up from ¥3,610,242.25 in the previous year[55] - The total R&D expenditure accounted for 0.01% of operating revenue[66] - The number of R&D personnel was 30, making up 8.3% of the total workforce[68] Corporate Governance - The company has established a governance structure that includes a board of directors with 6 members, 2 of whom are independent directors, ensuring compliance and effective oversight[102] - The company emphasizes investor relations and actively engages with shareholders through various communication channels to protect their rights[102] - The company has implemented an information disclosure management system to ensure transparency and compliance with regulatory requirements[102] - The company has established a performance evaluation system for directors and senior management, linking their remuneration to performance results[115] Shareholder and Stock Information - The total number of ordinary shareholders increased from 27,372 to 29,835 during the reporting period, representing an increase of approximately 9.0%[183] - The largest shareholder, Zhengzhou Ruimaotong Supply Chain Co., Ltd., holds 554,443,265 shares, accounting for 52.71% of the total shares[186] - The company’s total share capital increased from 1,016,477,464 shares to 1,051,902,464 shares due to the exercise of stock options, an increase of 35,425,000 shares[179] Environmental Initiatives - The company actively promotes low-carbon initiatives and has integrated carbon peak and carbon neutrality goals into its development strategy[146] - The company has committed to promoting energy-saving and carbon reduction awareness among employees, encouraging sustainable practices[147] - The company has not faced any administrative penalties related to environmental issues during the reporting period[145] Financial Management - The company reported a total of 201,757,202.65 RMB in financial assets, with a fair value loss of 53,020,858.59 RMB during the reporting period[84] - The company has a borrowing limit of up to CNY 3 billion from related parties for 2022, with expected interest not exceeding CNY 200 million[160] - The company maintains a good credit status with no overdue debts or public reprimands from regulatory bodies[158] Future Plans - The company plans to deepen its presence in the petrochemical sector, particularly in biodiesel, leveraging its core resource advantages in Southeast Asia to expand into the European market[95] - The company aims to enhance its supply chain management and core asset investment capabilities in 2023, focusing on global layout, multi-category expansion, and industrial internet platform development[94]