深圳能源(000027) - 2020 Q4 - 年度财报

Financial Performance - In 2020, the company's operating revenue was approximately CNY 20.45 billion, a decrease of 1.74% compared to 2019[20]. - The net profit attributable to shareholders increased by 134.19% to approximately CNY 3.98 billion in 2020[20]. - The net profit after deducting non-recurring gains and losses was approximately CNY 1.89 billion, up 32.36% from the previous year[20]. - The net cash flow from operating activities increased by 19.09% to approximately CNY 6.19 billion[20]. - Basic earnings per share rose by 116.67% to CNY 0.78 in 2020[20]. - Total assets at the end of 2020 reached approximately CNY 114.06 billion, an increase of 18.68% from 2019[20]. - The net assets attributable to shareholders increased by 26.18% to approximately CNY 37.96 billion[20]. - The weighted average return on equity improved by 6.81 percentage points to 14.57%[20]. - The company reported a total revenue of 3,289.6 million for the reporting period, with a net profit of 1,365.8 million[89]. - The company reported a significant increase in net profit for 2020, amounting to RMB 1,236,921,378.1, compared to RMB 198,224,579.85 in 2019, reflecting a growth rate of 523.5%[122]. Market Expansion and Strategy - The company is focused on expanding its market presence and enhancing its operational capabilities in response to identified risks[6]. - The company aims to address future development challenges through strategic planning and risk management[6]. - The company plans to expand its renewable energy and environmental protection sectors as part of its strategic development goals[31]. - The company aims to transform from a single power generation enterprise to a comprehensive energy enterprise, enhancing its competitiveness in the market[31]. - The company is actively pursuing new projects, including a 50,000 kW wind power project in Vietnam and a 15,000 kW solar project in Guangdong[54]. - The company is actively expanding its overseas energy investments, with a focus on risk control and insurance measures to safeguard asset security[35]. - The company is currently developing a municipal sludge clean energy technology to enhance sludge disposal rates[73]. - The company is actively pursuing market expansion and new technology development in the renewable energy sector[88]. - The company plans to expand its market presence by entering three new provinces in 2021, targeting a 10% increase in market share[156]. Environmental Compliance and Sustainability - The company has implemented advanced environmental standards, including seawater desulfurization and ultra-low emissions for coal-fired units, surpassing national standards[37]. - The company is committed to enhancing its environmental compliance by upgrading its pollution control equipment to meet or exceed national standards, while exploring clean energy solutions to alleviate environmental pressures[116]. - The company has invested 35 million yuan in ecological protection projects aimed at improving living environments[177]. - The company is committed to ensuring the sustainable development of poverty alleviation industries and a smooth transition to rural revitalization[178]. - The company has recorded zero investment in employment assistance and educational support for impoverished students in 2020[177]. - The company is focusing on expanding its renewable energy portfolio to align with national energy policies[182]. - Shenzhen Energy's coal-fired power plants are compliant with the 2011 air pollutant emission standards, achieving ultra-low emissions[182]. - The company plans to continue enhancing its emission reduction technologies to meet stricter environmental regulations[182]. - The company aims to achieve a 10% reduction in overall emissions by the end of the next fiscal year[182]. Risk Management - The company highlighted risks including COVID-19, electricity market fluctuations, fuel cost volatility, and environmental policy risks in its annual report[6]. - The company has established a comprehensive risk management framework to mitigate potential impacts from identified risks[6]. - The company is facing risks from fuel cost fluctuations due to global commodity price increases and potential disruptions in fuel transportation caused by intermittent pandemic control measures[115]. - The company is actively monitoring the supply chain for coal and gas to ensure stable fuel supply and has established emergency plans for fuel supply disruptions[115]. - The company anticipates intensified competition in the electricity market as direct trading and spot market trials expand, necessitating improved coordination in marketing and production management[115]. Corporate Governance and Compliance - The company’s financial report was confirmed to be true, accurate, and complete by its board members and senior management[5]. - The company has a robust governance structure, enhancing risk compliance management and operational efficiency[40]. - The company has engaged Ernst & Young Hua Ming as its auditor for the 2020 fiscal year, with an audit fee of RMB 1.97 million[134]. - The company has maintained its commitments regarding avoiding competition and regulating related transactions[128]. - The company has not faced any delisting situations following the annual report disclosure[135]. Investment and Financing - The company reported a total investment commitment of CNY 170 million for various projects, with a completion rate of 100% for the Chaozhou Environmental Power Plant project[106]. - The company has completed an increase in capital for the Newton company, amounting to 3,800.0 million, fully funded by self-raised sources[88]. - The company has reported a total of 80,421 million in liabilities, indicating a strong financial position[89]. - The company has engaged in significant non-equity investments during the reporting period, focusing on financial asset investments[90]. - The company has a total of 12,476 million in investments related to natural gas power stations, with a 62.86% self-raised funding ratio[89]. Social Responsibility and Community Engagement - The company has successfully implemented poverty alleviation measures, with a total of 105 registered poor households lifted out of poverty during the reporting period[174]. - The annual per capita disposable income of poor households increased from CNY 3,881.24 to CNY 21,860, achieving nearly a fourfold growth[173]. - The company has made significant contributions to social responsibility, with a total investment of CNY 308.08 million in poverty alleviation efforts[174]. - The company achieved a total investment of 252.56 million yuan in various poverty alleviation projects, helping 105 registered impoverished individuals to escape poverty[177]. - The company plans to establish a monitoring mechanism to prevent the return of poverty, particularly for unstable and marginal households[178].