Financial Performance - The net loss attributable to shareholders for 2022 was RMB 2,872,072 thousand, a decrease of 243.57% compared to a profit of RMB 2,000,506 thousand in 2021[3]. - Total revenue for 2022 was RMB 82,518,315 thousand, representing a decline of 7.57% from RMB 89,280,415 thousand in 2021[9]. - The net cash flow from operating activities was a loss of RMB 7,337,499 thousand, compared to a positive cash flow of RMB 4,060,026 thousand in 2021[9]. - The basic loss per share for 2022 was RMB (0.265), compared to earnings of RMB 0.185 per share in 2021[10]. - The weighted average return on net assets decreased to (10.163)% in 2022 from 6.727% in 2021, a reduction of 16.89 percentage points[10]. - The company reported a pre-tax loss of RMB 3,573.7 million in 2022, compared to a profit of RMB 2,721.1 million in 2021[12]. - The net loss attributable to shareholders for 2022 was RMB 2,846.2 million, a significant decline from a profit of RMB 2,073.4 million in 2021[12]. - The company's operating loss for 2022 was RMB 38,434 million, a significant decrease from the operating profit of RMB 14,322 million in 2021[46]. - The after-tax loss for the group was RMB 2.8423 billion, a decrease of RMB 4.9189 billion from last year's after-tax profit of RMB 2.0766 billion[54]. Assets and Liabilities - The total assets decreased by 12.32% to RMB 41,242,740 thousand at the end of 2022 from RMB 47,038,622 thousand at the end of 2021[9]. - The total liabilities of the company as of December 31, 2022, were RMB 14,781.4 million, a decrease from RMB 16,543.2 million in 2021[12]. - The company's total liabilities decreased to RMB 14,871,354,000 in 2022 from RMB 16,643,191,000 in 2021, a reduction of about 10.5%[130]. - The company's total current assets decreased to RMB 15,765,882,000 from RMB 20,932,276,000 in 2021, representing a decline of approximately 24.3%[129]. - The company's total non-current assets decreased to RMB 25,476,858,000 in 2022 from RMB 26,106,346,000 in 2021, a decline of approximately 2.4%[129]. Sales and Revenue Breakdown - The company's net sales for 2022 were RMB 72,654.6 million, a decrease of 4.9% compared to RMB 75,888.8 million in 2021[12]. - The total sales volume for 2022 was 9,667.3 thousand tons, with a net sales amount of RMB 72,654.6 million, representing a decrease of 4.4% compared to RMB 75,888.8 million in 2021[33]. - The sales of petrochemical products accounted for 57.0% of total net sales in 2022, with a net sales amount of RMB 41,444.7 million, slightly down from RMB 41,884.4 million in 2021[34]. - The net sales of intermediate petrochemical products were RMB 10,537.7 million, accounting for 14.5% of total net sales, a slight decrease from RMB 10,780.5 million in 2021[34]. - The sales volume of resin and plastics increased by 10.1% to 889.3 thousand tons, with net sales of RMB 7,321.2 million, compared to RMB 9,962.7 million in 2021[33]. Operational Efficiency and Costs - The total sales costs and expenses for 2022 were RMB 76,498 million, an increase of 2.74% from RMB 74,456.6 million in 2021[42]. - The company's total sales cost represented 104.97% of net sales for the year[43]. - The total cost of crude oil processing increased by RMB 3.956 billion, up 9.16%, accounting for 61.81% of total sales costs[23]. - The company's operating costs rose by 2.57% to RMB 73.518 billion from RMB 71.675 billion in the previous year, primarily due to rising international oil prices[72]. - The cost of raw materials, particularly crude oil, was RMB 47,139 million, accounting for 64.12% of total operating costs, up from 60.25% in 2021[73]. Research and Development - The company's research and development expenses for 2022 were RMB 130.5 million, an increase from RMB 94.3 million in 2021, primarily due to increased material costs for equipment and product technology development[58]. - The company applied for 120 patents and was granted 59, achieving significant breakthroughs in technological innovation[25]. - The company employed 179 R&D personnel, making up 2.24% of the total workforce[76]. Environmental and Safety Initiatives - The company achieved a 100% compliance rate for wastewater discharge and a 99.99% compliance rate for controlled waste gas emissions in 2022[110]. - Emissions of ammonia nitrogen, sulfur dioxide, and nitrogen oxides decreased by 57.64%, 23.90%, and 10.56% respectively in 2022 compared to the previous year[109]. - The company implemented carbon reduction measures that resulted in a reduction of approximately 9.5 million tons of CO2 equivalent emissions through 57 completed energy-saving actions in 2022[117]. - The company has been recognized as a "Green Enterprise" in 2022 and continues to hold the title of "Chinese Environmentally Friendly Enterprise" after re-evaluation[109]. Future Plans and Strategic Focus - The company plans to process a total of 13.6 million tons of crude oil in 2023, with production targets of 8.001 million tons of refined oil, 756,000 tons of ethylene, 680,000 tons of paraxylene, and 698,700 tons of new synthetic resin products[88]. - The company aims to enhance its core industries in high-end new materials, focusing on carbon fiber and downstream fine chemical materials, to support local industrial development[87]. - The company is committed to achieving a transformation from fossil energy to a mix of fossil and renewable energy, promoting green and low-carbon development[87]. - The company will focus on cost reduction and efficiency improvement across all production processes to maximize overall profitability[90].
上海石油化工股份(00338) - 2022 - 年度业绩