Resource Reserves and Production - As of November 30, 2022, the remaining resource reserves in the Shaluogou mining area amounted to 9.873 million tons, containing 31,402 kg of gold[4] - In 2022, the company added controlled and inferred ore volume of 1.739 million tons, with a gold metal amount of 5,692 kg and an average grade of 3.27 g/t[19] - The company produced 29,472.21 tons of gold concentrate in 2022, representing a year-on-year increase of 9.11%[18] - The company achieved a raw ore selection volume of 663,000 tons in 2022, an increase of 2.28% year-on-year[18] - As of February 2023, the company has confirmed a total of 81,723 kg of gold resources, with an additional 21,380 kg confirmed in the latest report[31] Financial Performance - The company's operating revenue for 2022 was 472.4605 million yuan, a decrease of 10.16% year-on-year[18] - The net profit for 2022 was 198.6876 million yuan, showing a year-on-year increase of 29.53%[18] - Total operating revenue for 2022 was ¥472,460,494.05, a decrease of 10.16% compared to ¥525,862,238.57 in 2021[23] - Net profit attributable to shareholders for 2022 was ¥198,687,610.82, representing a 29.53% increase from ¥153,391,590.46 in 2021[71] - The net cash flow from operating activities increased by 94.66% to ¥382,562,240.72 in 2022, up from ¥196,530,310.73 in 2021[71] - Basic and diluted earnings per share for 2022 were both ¥0.55, a 27.91% increase from ¥0.43 in 2021[71] - Total assets at the end of 2022 reached ¥1,358,134,667.87, a 13.74% increase from ¥1,194,066,831.25 at the end of 2021[71] - Net assets attributable to shareholders increased by 30.97% to ¥840,261,070.29 at the end of 2022, compared to ¥641,573,459.47 at the end of 2021[71] - The company reported a weighted average return on equity of 26.82% for 2022, slightly down from 27.15% in 2021[71] Costs and Expenses - The direct mining cost in 2022 was 74,921,660.62 yuan, accounting for 32.57% of the total operating costs, down 21.93% from the previous year[16] - Total sales expenses rose by 10.98% to CNY 2,786,782.81, mainly due to increased testing costs for gold concentrate products[190] - Financial expenses decreased by 19.69% to CNY 14,816,896.06, attributed to reduced interest on mining rights amortization[190] Market and Sales - The revenue from the Northwest region was ¥277,078,850.60, accounting for 58.65% of total revenue, with a decrease of 2.41% from the previous year[27] - The company reported a total of ¥110,661,555.23 in revenue from the South China region, which was a new revenue source, contributing 23.42% to total revenue[27] - The company’s top five customers accounted for 100% of total sales, with the largest customer contributing 31.29% of total sales[29] Exploration and Development - The company has strengthened geological exploration efforts to increase resource volume and improve resource reserve levels[19] - The company plans to enhance resource reserves by increasing exploration efforts in existing mining rights and acquiring companies with rich mineral resources[184] - The company is continuing the construction of the Shaluogou gold mine shaft project to transition from open-pit to underground mining[19] - The company plans to invest in the "Soro Gold Mine Intelligent Mining Construction" project, focusing on three major modules: comprehensive monitoring platform, safety monitoring system, and production automation system[188] Risk Management - The company is facing risks related to mining costs and resource reserves, which are discussed in the management analysis section of the report[44] - The company has outlined potential risks in its future development outlook, including market fluctuations and operational challenges[44] Sustainability and Green Development - The company has been recognized as a national-level green mining enterprise since 2019, benefiting from various policy supports[11] - The company adheres to green development principles throughout its production and operational processes[35] Cash Flow and Financing - Operating cash inflows totaled CNY 700,447,052.15 in 2022, a 36.75% increase from CNY 512,199,593.00 in 2021[192] - The company experienced a 63.72% increase in net cash flow from financing activities compared to the same period last year, primarily due to the absence of dividend distribution this year[172] - The company's cash outflows from financing activities decreased by 81.74% to CNY 18,382,423.52, down from CNY 100,672,179.07 in 2021[192] Production and Inventory - The inventory level rose to 3,844.92 tons, marking a 14.13% increase from the previous year[36] - The company maintained a stable market share in gold production, with metal output of 1.66 tons in 2021 and a market share of 0.50%[108] Company Information - The company’s registered address is in Muli County, with its office located in Chengdu, Sichuan Province[66] - The company is listed on the Shenzhen Stock Exchange under the stock code 001337[66] - The company’s website is http://www.scrdgold.com/ for further information[66]
四川黄金(001337) - 2022 Q4 - 年度财报