NBMC(SH:600798)2023-04-27 16:00Financial Performance - In 2022, the company achieved a net profit attributable to shareholders of CNY 113,746,299.07, a decrease of 63.88% compared to CNY 314,899,435.65 in 2021[4]. - The company's operating revenue for 2022 was CNY 2,073,363,212.40, down 11.53% from CNY 2,343,658,471.62 in 2021[22]. - Basic earnings per share decreased by 63.87% to CNY 0.0943 in 2022 from CNY 0.2610 in 2021[23]. - The weighted average return on equity fell to 2.94% in 2022, down 5.48 percentage points from 8.42% in 2021[23]. - The company reported a net profit of 69.56 million yuan from highway operations, a decrease of 42.63% year-on-year, reflecting the overall decline in traffic and revenue[46]. - Net profit attributable to shareholders was CNY 11,374.63 million, down 63.88% year-on-year[49]. - The company achieved total revenue of CNY 207,336.32 million, a decrease of 11.53% compared to the previous year, reaching 88.18% of the annual plan[49]. Cash Flow and Assets - The net cash flow from operating activities decreased by 44.94% to CNY 491,489,863.44 in 2022 from CNY 892,648,528.99 in 2021[22]. - The company's total assets as of the end of 2022 were CNY 6,883,938,345.93, a decline of 4.81% from CNY 7,231,547,573.56 at the end of 2021[22]. - The company's cash flow from operating activities decreased by 44.94% to CNY 49,148.99 million, primarily due to reduced revenue and cash collection[52]. - The company's total cash dividend amount (including tax) is 36,196,026.03, which accounts for 31.82% of the net profit attributable to ordinary shareholders in the consolidated financial statements[132]. Operational Efficiency and Strategy - The company implemented a "cost reduction and efficiency enhancement" initiative to improve operational efficiency amid challenging market conditions[30]. - The company is actively seeking green energy investment opportunities following the successful acquisition of green energy fund shares[32]. - The company is focusing on enhancing its energy transportation capabilities and expanding its international shipping services as part of its new development strategy[81]. - The company has optimized its fleet structure by phasing out older, high-maintenance vessels, enhancing operational efficiency[48]. Market and Industry Conditions - The company anticipates a weak recovery in the international dry bulk shipping market in 2023, influenced by geopolitical factors and China's economic recovery, with increased demand uncertainty and high volatility expected[77]. - The average coastal bulk freight index (CCBFI) for the year was 1,125 points, down 13.3% year-on-year, while the coastal coal freight index (CBCFI) averaged 830 points, down 27.6%[35]. - The Baltic Dry Index (BDI) averaged 1,934 points in 2022, a decrease of 34.3% compared to the previous year, indicating a significant downturn in the international dry bulk shipping market[34]. Governance and Compliance - The company held 3 shareholder meetings and 6 board meetings during the reporting period, ensuring compliance with legal and regulatory requirements[92]. - The company successfully added two new directors and two new supervisors to its board, enhancing governance structure[93]. - The company maintained compliance with internal control systems, successfully passing external audits[95]. - The company has not faced any penalties from securities regulatory agencies in the past three years[113]. Environmental and Safety Management - The company has implemented a safety management system and strictly adheres to environmental regulations, ensuring no environmental pollution incidents occurred during the year[145]. - The company has invested in a green energy fund, acquiring a 6.6662% stake in Zhejiang Zheneng Green Energy Investment Fund, and is actively seeking further green energy investment opportunities[147]. - The company has completed the retrofit of 6 vessels with shore power systems during the year, promoting the use of shore power to reduce emissions during port stays[149]. Related Party Transactions - The company engaged in related party transactions amounting to 1.307 billion RMB for maritime transportation services with subsidiaries controlled by Zhejiang Energy Group[168]. - The company purchased materials from Zhejiang Energy Group-controlled enterprises for a total of 599.55 million RMB during the reporting period[169]. - The company has engaged Tianzhi International Accounting Firm for auditing services, with a fee of 67.80 million RMB for the year[164]. Future Outlook - The company plans to transport 38.68 million tons of goods and achieve a total operating revenue of 2.198 billion yuan in 2023[84]. - The company provided a future outlook with a revenue guidance of 1.8 billion RMB for the next fiscal year, indicating a growth target of 20%[109].