Yonker(SZ:300187)2023-04-24 16:00Financial Performance - The company reported a revenue of 713.35 million yuan in 2022, a decrease of 28.93% compared to the previous year[4]. - The net profit attributable to shareholders was -387.03 million yuan, a decline of 627.56% year-on-year, while the net profit excluding non-recurring gains and losses was -460.49 million yuan, down 842.69%[4]. - The company's operating revenue for 2022 was ¥713,353,315.01, a decrease of 28.93% compared to ¥999,022,553.21 in 2021[23]. - The net profit attributable to shareholders was -¥387,033,310.21, a significant decline from a profit of ¥70,134,098.47 in 2021, representing a 627.56% decrease[23]. - The net cash flow from operating activities was ¥138,223,617.71, a decrease of 41.86% compared to ¥237,763,162.43 in 2021[23]. - The total assets at the end of 2022 were ¥3,309,676,324.67, a reduction of 15.50% from ¥3,913,698,281.92 at the end of 2021[23]. - The net assets attributable to shareholders decreased by 38.20% to ¥965,253,471.54 from ¥1,558,593,700.88 in 2021[23]. - The company reported a total operating cost of ¥551,239,980.70 in 2022, a decrease of 24.67% compared to ¥731,809,896.16 in 2021[83]. - The company confirmed revenue from 42 orders totaling ¥23,312.81 million, with 22 orders remaining unrecognized revenue amounting to ¥37,900.38 million[80]. Business Segments - The environmental protection business generated revenue of 446.51 million yuan, a decline of 44.46% year-on-year, with significant slowdowns in soil remediation project implementation[71]. - The hazardous waste disposal business processed 22,600 tons of hazardous waste in Jiangsu Yongzhqing and 26,200 tons in Gansu Hexi, with both volumes and prices declining due to macroeconomic and industry conditions[72]. - The company's dual-carbon business reported revenue of 266.85 million yuan, an increase of 33.56% year-on-year, supported by stable operations in waste-to-energy projects[74]. - The company’s garbage incineration power plants processed a total of 300,100 tons of waste in 2022, generating 99.61 million kWh of electricity[74]. Strategic Initiatives - The company aims to optimize its strategic development by focusing on a dual-core model (engineering and operations) and becoming a leading operator of renewable energy assets[47]. - The company is actively exploring hazardous waste resource recovery and precious metal recycling projects to enhance profitability in its hazardous waste operations[50]. - The company aims to strengthen its leading position in soil remediation, air pollution control, and hazardous waste disposal, leveraging its core technology and continuous innovation[57]. - The company is focusing on large-scale site remediation and agricultural land remediation, particularly in major metropolitan areas such as the Yangtze River Delta and Beijing-Tianjin-Hebei[49]. - The company aims to strengthen its position as a "one-stop pollution reduction and carbon reduction service provider" by expanding its dual-carbon consulting services[69]. Research and Development - The company has 134 authorized patents, including 42 invention patents and 92 utility model patents, showcasing its strong R&D capabilities[63]. - The company has established three national-level research and innovation platforms, making it one of the few environmental companies in China with such resources[63]. - The company’s self-developed technologies for ultra-clean emissions and efficient desulfurization can provide comprehensive solutions for high-pollution industries[64]. - The company is focusing on the research and application of activated carbon adsorption and RTO desorption technologies, aiming to improve VOCs purification performance[93]. - The company has published 2 research papers and obtained 2 patents related to its new soil remediation technologies[96]. Environmental Compliance - The company adheres to multiple environmental protection laws and standards, ensuring compliance with pollutant discharge limits as per the issued permits[196]. - The company’s waste incineration facilities are subject to continuous monitoring to ensure compliance with emission standards[198]. - The company has implemented comprehensive pollution prevention measures to meet the standards set by the environmental protection department[196]. - The company employs a comprehensive pollution control process including "SNCR denitrification + semi-dry desulfurization + dry desulfurization + activated carbon injection + bag filter dust removal" for flue gas treatment[200]. Governance and Management - The company has established a complete and independent corporate governance structure, ensuring operational independence from its controlling shareholders[139]. - The company has maintained compliance with legal and regulatory requirements, ensuring independent operations from its controlling shareholder[136]. - The company has a structured decision-making process for determining the remuneration of senior management, involving the human resources department and the remuneration and assessment committee[159]. - The company has implemented a performance incentive system linking employee compensation to corporate performance and individual performance evaluations[176]. - The company emphasizes continuous improvement of its governance structure and internal control systems to enhance overall quality[193]. Future Outlook - The company is committed to sustainable development, ensuring a positive growth trajectory through its comprehensive environmental services[57]. - The company aims to leverage the "14th Five-Year Plan" and carbon neutrality policies to enhance its position in the environmental protection industry, focusing on energy conservation and emission reduction[119]. - The company is actively pursuing multiple demonstration projects in carbon asset management and resource recycling, aiming to establish itself as a leader in the new energy and resource utilization sectors[121]. - The company plans to increase R&D investment and optimize its strategic layout, focusing on carbon neutrality-related business areas and developing a comprehensive energy system for industrial clients[121].