白银有色(601212) - 2021 Q4 - 年度财报

Financial Performance - The company achieved a net profit attributable to the parent company of 81.7405 million yuan in 2021, with a proposed profit distribution of 0.034 yuan per share, totaling approximately 25.1762 million yuan, representing 30.80% of the annual net profit[2]. - The company's operating revenue for 2021 was RMB 72,279,980,189.03, representing a 17.68% increase compared to RMB 61,422,700,839.27 in 2020[12]. - The net profit attributable to shareholders for 2021 was RMB 81,740,501.90, a 12.02% increase from RMB 72,966,530.06 in 2020[12]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 21,769,357.75, compared to a loss of RMB 32,337,286.20 in 2020, indicating a significant recovery[12]. - The total assets at the end of 2021 were RMB 45,649,608,177.34, a decrease of 1.83% from RMB 46,500,874,193.54 at the end of 2020[14]. - The basic earnings per share for 2021 was RMB 0.011, reflecting a 10.00% increase from RMB 0.01 in 2020[15]. - The weighted average return on equity for 2021 was 0.53%, slightly up from 0.5% in 2020[15]. - The total operating cost for 2021 was approximately ¥69.14 billion, reflecting a 17.19% increase from ¥58.99 billion in the previous year[48]. - The company reported a significant increase in sales volume of zinc and sulfuric acid, contributing to the rise in operating revenue[48]. Production and Operations - The company produced 242,000 tons of metal concentrate in 2021, an increase of 49,600 tons or 25.78% year-on-year[24]. - The smelting system produced a total of 570,300 tons of copper, lead, and zinc products, up by 20,200 tons or 3.67% compared to the previous year[24]. - The company achieved a production of 186,100 tons of cathode copper, an increase of 2,800 tons or 1.5% year-on-year[24]. - The company produced a total of 24.2 million tons of metal, including 48,300 tons of copper, 172,500 tons of zinc, 21,000 tons of lead, and 216 tons of molybdenum in 2021[47]. - The company has established a production capacity of 6.8 million tons per year for copper, zinc, and iron at its subsidiary in Peru[40]. - The company has a production capacity of 200,000 tons of copper, 400,000 tons of lead and zinc, 15 tons of gold, and 500 tons of silver annually, showcasing its unique advantage in multi-variety non-ferrous metal production[40]. Research and Development - In 2021, the company undertook 67 key technology research and development projects, receiving 19 various technology awards[26]. - The company applied for 217 patents in 2021, with 92 being invention patents, accounting for 42.4% of the total[38]. - Research and development expenses surged by 106.13% to approximately ¥62.71 million, compared to ¥30.42 million in the previous year[48]. - The company has a total of 869 R&D personnel, accounting for 5.82% of the total workforce[65]. - The company is investing 100 million CNY in research and development for new technologies over the next two years[105]. Environmental Responsibility - The company reported a total pollutant discharge of 5.6647 tons for COD, which is below the annual limit of 40 tons[134]. - The company has established a comprehensive environmental management system to enhance pollution control and ensure compliance with national standards[133]. - The third smelting plant has achieved 100% recycling of wastewater, demonstrating a commitment to sustainable practices[133]. - The company has implemented a total of 186 sets of industrial waste gas pollution prevention facilities and 30 sets of industrial wastewater treatment facilities[141]. - The company has actively implemented pollution control measures and continuously monitored the operation of pollution prevention facilities[141]. Corporate Governance - The company has confirmed that there are no non-operating fund occupations by controlling shareholders and their related parties[2]. - The company has not violated regulatory decision-making procedures for providing guarantees[2]. - The company’s financial report has been audited by Yongtuo Accounting Firm, which issued a standard unqualified audit opinion[2]. - The company has established a management system for insider information to ensure compliance and confidentiality[92]. - The company has a structured approach to risk management, including measures to address potential conflicts of interest with controlling shareholders[93]. Market and Industry Outlook - The company anticipates a stable overall economic environment in China, with improvements in terminal consumption and fixed asset investment expected to support the non-ferrous metal industry[84]. - The company projects that copper prices will maintain a high and wide fluctuation trend due to sufficient supply and recovering global consumption[84]. - The company expects zinc prices to exhibit a high-level fluctuation pattern, influenced by tight supply and recovering domestic consumption[84]. - The company is facing significant downward pressure in the industry, despite a stable domestic economic outlook[84]. - The company is focusing on innovation-led high-quality development, emphasizing traditional industry upgrades and enhancing core competitiveness[85]. Employee and Community Engagement - The company invested 2.6645 million yuan to assist 933 disadvantaged employees and conducted health checks for 4,439 special position employees[33]. - The company donated CNY 8.63 million to support local disaster recovery and social charity initiatives, including CNY 6 million for post-disaster reconstruction in Cheng County[154]. - The company organized 169 personnel from 45 support units to assist 830 households, providing nearly CNY 100,000 in winter supplies[156]. - The company has engaged in community support activities, including voluntary blood donations from 1,052 employees across 18 subsidiaries[154]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 169,979, an increase from 157,352 at the end of the previous month[190]. - There were no changes in the total number of shares or share capital structure during the reporting period[188]. - Citic Guoan Group holds 2,250,000,000 shares, accounting for 30.39% of the total share capital, making it the largest single shareholder[196]. - The company does not have an actual controller, as no single party can exert control over the company[199]. - The top ten shareholders do not have any repurchase accounts or voting rights delegation arrangements[194].