CDGAS(SH:603053)2023-04-21 16:00Financial Performance - The company's operating revenue for the reporting period was CNY 4,835,441,091.37, representing a year-on-year increase of 10.36%[20] - The operating cost for the same period was CNY 3,919,006,990.37, which increased by 11.09% compared to the previous year[20] - The revenue from gas sales was CNY 3,912,666,241.10, with a year-on-year growth of 2.83%[21] - The net profit attributable to shareholders for 2022 was approximately RMB 491.55 million, a slight increase of 0.57% from RMB 488.77 million in 2021[43] - The company achieved total operating revenue of CNY 483,544.11 million, an increase of CNY 45,395.81 million, representing a growth of 10.36% year-on-year[123] - The net profit attributable to shareholders reached CNY 49,155.00 million, up CNY 277.71 million, with a growth rate of 0.57% compared to the previous year[123] Cash Flow and Investments - The net cash flow from operating activities was CNY 715,372,944.68, reflecting a 10.21% increase from the previous year[20] - The company’s financing activities resulted in a net cash outflow of CNY 300,088,855.29, which is a 36.12% improvement compared to the previous year[20] - The total cash inflow from investment activities in 2022 was 142,805.74 million yuan, a 41.00% increase year-on-year[133] - The net cash flow from investment activities was -34,239.60 million yuan, with an absolute increase of 13.10% compared to the previous year[139] - The cash and cash equivalents net increase was 7,288.81 million yuan, a significant improvement of 159.08% compared to the previous year[133] Research and Development - The company invested CNY 43,219,927.4 in research and development, accounting for 0.89% of operating revenue[18] - The company invested over CNY 43.22 million in R&D, completing 21 project initiations and obtaining 14 new patent authorizations, including one invention patent[81] - The company has a research and development team of 282 personnel, accounting for 10.51% of the total workforce[129] Market and Customer Growth - The company added 68,102 residential users, representing a year-on-year increase of 20.34%, with 13,300 new users attributed to the consolidation of two subsidiaries[63] - The company completed the acquisition of a 51% stake in Chengdu Cheng Tian Natural Gas Co., expanding its operating area by 130 square kilometers and adding approximately 90,000 new users, which is expected to increase gas sales by about 50 million cubic meters[76] - The company achieved a total gas supply of 1.652 billion m³ in 2022, a decrease of 1.79% compared to the previous year[63] Strategic Initiatives - The company plans to continue expanding its market presence and invest in new technologies to enhance operational efficiency[43] - The company is actively transforming into a comprehensive energy service provider, focusing on distributed energy and heating solutions[65] - The company aims to construct a unified gas market platform in Chengdu, aligning with government initiatives for market integration[76] - The company is exploring the development of LNG refueling stations as part of its vehicle energy business strategy[65] - The company is actively pursuing the integration of its liquefied gas company and its subsidiaries to optimize resource allocation and business structure[99] Safety and Environmental Measures - The company has implemented a comprehensive safety management system, achieving a pipeline leakage self-inspection rate of 95.58% and a high-risk safety issue rectification rate of 91.27%[98] - The company has set a target to reduce carbon emissions by approximately 23,000 tons annually through the replacement of coal-fired boilers with gas boilers in its energy projects[192] - The company invested 380,200 CNY in environmental protection during the reporting period[199] - The company implemented carbon reduction measures, achieving a reduction of 23,000 tons of CO2 equivalent emissions[200] Corporate Governance - The company received a standard unqualified audit report from Sichuan Huaxin (Group) Accounting Firm[143] - The board of directors has undergone changes, with the resignation of key personnel including the chairman and the deputy general manager due to work adjustments and personal reasons[160] - The company held a total of 9 meetings for its specialized committees during the reporting period, focusing on various operational and financial reports[162] Shareholder Returns - The company plans to distribute a cash dividend of ¥3.00 per 10 shares to all shareholders, without capital reserve conversion[146] - The company distributed a cash dividend of RMB 266,667,000, which represents 54.25% of the net profit attributable to ordinary shareholders in the consolidated financial statements[179] - The company plans to maintain a minimum cash dividend payout ratio of 40% during the mature stage of development with significant capital expenditure[177] - The company emphasizes the importance of communication with minority shareholders regarding profit distribution policies and decisions[177]