凌云B股(900957) - 2022 Q4 - 年度财报

Financial Performance - In 2022, the company achieved a net profit attributable to shareholders of 40.50 million RMB, an increase of 46.39% compared to 27.66 million RMB in 2021[6]. - The total operating revenue for 2022 was 119.91 million RMB, reflecting a growth of 6.05% from 113.07 million RMB in 2021[20]. - The net cash flow from operating activities surged to 77.40 million RMB, marking a significant increase of 258.88% compared to 21.57 million RMB in 2021[20]. - The basic earnings per share for 2022 was 0.1160 RMB, representing a 46.28% increase from 0.0793 RMB in 2021[21]. - The weighted average return on equity increased to 7.42% in 2022, up from 5.41% in 2021, an increase of 2.01 percentage points[21]. - The net profit after deducting non-recurring gains and losses was 43.49 million RMB, a 75.48% increase from 24.78 million RMB in 2021[20]. - The company reported a consolidated net profit attributable to shareholders of 40.50 million RMB, which is an increase of 46.39% year-on-year[33]. - The company reported a net profit of CNY 22,522,041.61 in 2022, a turnaround from a loss of CNY 17,973,852.37 in 2021[144]. - Net profit for 2022 was CNY 40,552,488.12, representing a 46.3% increase compared to CNY 27,645,754.80 in 2021[150]. Cash Flow and Assets - The company's total assets at the end of 2022 reached 1.07 billion RMB, up 4.19% from 1.02 billion RMB at the end of 2021[20]. - The total assets at the end of the period amounted to ¥1,067,000,000, with cash and cash equivalents representing 3.86% of total assets, up from 0.12% in the previous period[48]. - The company reported a significant increase in cash and cash equivalents to ¥41,209,205.88, a rise of 3,386.79% compared to the previous year[48]. - Cash flow from operating activities increased significantly to ¥77,396,124.01 in 2022, compared to ¥21,566,143.70 in 2021[157]. - The total equity at the end of the period is CNY 485,278,898.22, reflecting a decrease of CNY 65,502,542.88 compared to the previous year[178]. Operational Highlights - The total electricity settlement for the subsidiary reached 15,897.25 million kWh in 2022, a year-on-year increase of 3.92%[28]. - The company received CNY 7,829.82 million in subsidy funds, with accounts receivable for renewable energy subsidies increasing to CNY 30,973.63 million by the end of the reporting period[28]. - The photovoltaic industry saw a 59.3% year-on-year increase in newly installed capacity, reaching 87.4 GW in 2022[29]. - The average utilization rate of photovoltaic power generation in China was 98.3% in 2022, with Gansu province maintaining a rate of 98.2%[29]. - The company faced significant financial pressure due to delayed subsidy payments, impacting operational stability[28]. Governance and Compliance - The company has not reported any significant changes or adjustments in its business, products, or services during the reporting period[42]. - The company has maintained a governance structure that complies with legal and regulatory requirements without significant discrepancies[70]. - The company has not engaged in any related party transactions that would affect its independence[70]. - The company has established a system for registering insiders of confidential information, ensuring compliance with regulations regarding information disclosure[70]. - The company has not reported any major contracts or their performance during the reporting period[113]. Shareholder Information - The largest shareholder, Guangzhou Jiaye Investment Group Co., Ltd., holds 103,370,000 shares, representing 29.62% of the total shares, all of which are pledged[118]. - The second largest shareholder, Guangzhou Noping Investment Co., Ltd., holds 41,080,000 shares, accounting for 11.77% of the total shares, also fully pledged[118]. - The company has a total of 5 shareholders holding more than 5% of the shares, with no known relationships among them[119]. - The controlling shareholder, Guangzhou Jiaye Investment Group Co., Ltd., has pledged all its shares to secure a loan of 5.9 billion RMB, due in December 2023[124]. Audit and Financial Reporting - The audit opinion confirmed that the financial statements fairly reflect the financial position and operating results for the year ended December 31, 2022[131]. - The audit was conducted in accordance with Chinese CPA auditing standards, ensuring the reliability of the financial reporting process[133]. - The financial statements include a consolidated balance sheet as of December 31, 2022, reflecting the company's financial health[141]. - The audit firm provided a clean audit opinion, indicating no significant issues were found during the audit process[131]. - The company has maintained compliance with Chinese accounting standards in preparing its financial statements[131]. Future Outlook - The company anticipates an overall recovery in the economy in 2023, with electricity consumption expected to grow by approximately 6% compared to 2022[30]. - The company plans to enhance its power station operation and maintenance system to ensure safe and stable operations in 2023[63]. - The company aims to expand electricity sales channels and maximize power station output indicators in 2023[63].