新中港(605162) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was approximately ¥964.99 million, representing a year-on-year increase of 25.19% due to the commissioning of Unit 6 and a significant rise in coal prices[23]. - The net profit attributable to shareholders for 2022 was approximately ¥115.93 million, a slight increase of 1.97% compared to 2021[23]. - The net profit after deducting non-recurring gains and losses was approximately ¥115.63 million, reflecting a year-on-year increase of 22.97%[23]. - The cash flow from operating activities for 2022 was approximately ¥165.11 million, an increase of 43.73% compared to the previous year[23]. - The total assets at the end of 2022 were approximately ¥1.35 billion, a decrease of 1.06% from the end of 2021[23]. - The basic earnings per share for 2022 were ¥0.29, down 9.38% from ¥0.32 in 2021[24]. - The weighted average return on equity for 2022 was 10.39%, a decrease of 3.29 percentage points compared to 2021[24]. - The company achieved operating revenue of CNY 964.99 million, a year-on-year increase of 25.19%[47]. - Net profit attributable to shareholders reached CNY 115.93 million, reflecting a growth of 1.97% compared to the previous year[47]. - The company sold 39,193.37 million kWh of electricity, marking a 15.49% increase year-on-year[47]. - Steam sales amounted to 2.6938 million tons, with a slight growth of 0.47% year-on-year[47]. Operational Efficiency - The company’s standard coal consumption for electricity generation decreased to 152.69 grams/kWh in 2022, down from 155 grams/kWh in 2021[35]. - The company has achieved significant reductions in carbon emissions, with electricity generation emissions comparable to those of gas-fired units[35]. - The company’s average power generation coal consumption and environmental emission indicators have significantly improved due to the advantages of high-parameter back-pressure technology[35]. - The company’s comprehensive thermal efficiency reached 85.17%, exceeding the provincial standard of 80%[43]. - The company reported that coal fuel costs account for approximately 80% of total costs, emphasizing the importance of improving efficiency and reducing energy consumption to enhance profit margins[42]. - The company’s electricity production is directly linked to heat supply, with a focus on maximizing output through high-parameter back-pressure technology[41]. Environmental Initiatives - The company has implemented a series of innovative measures and technical upgrades to reduce carbon emissions, including the construction of three thermal storage tanks with a total capacity of approximately 7,500 cubic meters[160]. - The company achieved ultra-low emissions standards, matching those of natural gas power plants, which is stricter than the required standards[147]. - The total emissions of sulfur dioxide (SO2) were 8.491 tons, significantly below the permitted limit of 121.96 tons[147]. - The total emissions of nitrogen oxides (NOX) were 113.989 tons, well under the limit of 246.78 tons[147]. - The company reported a reduction of 179,587 tons in carbon dioxide equivalent emissions in 2022, reflecting its commitment to carbon neutrality goals[159]. Research and Development - Research and development expenses surged to CNY 12.43 million, a significant increase of 3,088.19% year-on-year, indicating a strong focus on energy-saving and emission reduction technologies[49]. - The company has obtained 13 patents, including 2 invention patents, and has participated in the formulation of 4 industry standards[46]. Governance and Compliance - The company adheres to legal regulations and has improved its governance structure, ensuring that all shareholders, especially minority shareholders, can exercise their rights equally[101]. - The board of directors consists of nine members, including three independent directors, and operates under a structured decision-making process with various specialized committees[102]. - The company has established a comprehensive safety production management system, but the complexity of operations and potential unforeseen factors may still lead to safety incidents affecting normal operations[99]. - The company has not received any administrative regulatory measures from supervisory authorities during the reporting period[101]. Shareholder Relations - The company plans to distribute a cash dividend of ¥1.5 per 10 shares, totaling approximately ¥60.07 million based on the total share capital as of December 31, 2022[6]. - The company has established a cash dividend policy that aligns with shareholder returns and operational needs, ensuring transparency and clarity in the distribution process[133]. - The company distributed a total cash dividend of ¥140,157,850.00 (including tax) for the 2021 fiscal year, approved on April 20, 2022[134]. Future Outlook and Strategy - The company aims to align with national energy policies promoting low-carbon transitions, with a target of reducing carbon emissions intensity to levels comparable to natural gas combined cycle power plants[39]. - The company is focusing on developing various energy products beyond traditional electricity and heat, such as compressed air and industrial water, to increase revenue and improve profit margins[42]. - The company plans to invest ¥46,379.57 million in capital expenditures, with ¥9,669.85 million already invested during the reporting period[86]. Risk Management - The company faces risks from macroeconomic fluctuations, policy changes regarding coal and electricity prices, and market demand variability[98]. - The company's main raw materials, including coal, natural gas, solid waste, and biomass, account for a significant portion of total production costs, which may impact profitability if prices fluctuate significantly[99].