Financial Performance - The group's operating revenue for the year ended December 31, 2022, was approximately RMB 82,822.40 million, an increase of 2.66% compared to 2021[1]. - Net profit attributable to shareholders of the parent company was approximately RMB 9,964.85 million, reflecting a growth of 2.06% from 2021[1]. - The net profit attributable to shareholders of the parent company, excluding non-recurring gains and losses, was approximately RMB 9,769.65 million, a slight increase of 0.08% from 2021[1]. - The group's operating profit for the year was approximately RMB 18,844.61 million, compared to RMB 18,353.53 million in 2021[3]. - Total profit for the year was approximately RMB 18,699.18 million, up from RMB 18,165.99 million in 2021[3]. - The net profit for the year was approximately RMB 15,242.75 million, down from RMB 15,723.81 million in 2021[4]. - Basic and diluted earnings per share for the year were both RMB 0.197, compared to RMB 0.193 in 2021[4]. - The company's total user data and market expansion strategies were not detailed in the provided content, focusing instead on financial metrics and liabilities[39][40][41][42][43][44][45][46][47][48]. Dividends and Shareholder Returns - The board proposed a final cash dividend of RMB 0.087 per share (tax included)[1]. - The company plans to distribute a final dividend of RMB 0.087 per share for the year ended December 31, 2022, totaling RMB 4,393,379,165.70, compared to RMB 4,241,883,332.40 for the previous year[48]. - The proposed final cash dividend for the year ending December 31, 2022, is RMB 0.087 per share, with a dividend payout ratio of approximately 44.09%[110]. - The company aims to maintain a dividend payout ratio of no less than 30% of the net profit attributable to shareholders in future distributions[110]. Assets and Liabilities - As of December 31, 2022, total assets amounted to RMB 409.02 billion, an increase from RMB 400.03 billion in 2021, reflecting a growth of approximately 2.5%[5]. - Current assets totaled RMB 70.50 billion, up from RMB 67.97 billion in the previous year, indicating a growth of about 3.7%[5]. - Total liabilities reached RMB 251.09 billion, slightly up from RMB 249.08 billion, representing an increase of about 0.8%[6]. - The company's equity attributable to shareholders increased to RMB 107.03 billion from RMB 100.94 billion, marking a growth of approximately 6.3%[6]. - Long-term borrowings increased to RMB 160.07 billion from RMB 155.92 billion, a rise of approximately 2.3%[6]. - The total amount of bonds payable decreased to RMB 8,488,470,172.49 as of December 31, 2022, from RMB 10,987,146,351.73 in 2021, with a reduction in short-term bonds from RMB 4,999,104,783.84 to RMB 3,996,403,438.97[44]. - The total non-current liabilities due within one year decreased to RMB 21,370,443,527.73 in 2022 from RMB 22,719,658,250.53 in 2021, indicating a decline of 5.9%[41]. Cash Flow and Investments - The net cash inflow from operating activities decreased to RMB 31,368.4 million in 2022, down 10.1% from RMB 34,911.1 million in 2021[66]. - The net cash outflow from investing activities was RMB 14,379.4 million, a slight decrease of 1.3% compared to RMB 14,568.9 million in 2021[66]. - The net cash outflow from financing activities increased by 19.5% to RMB 20,896.4 million, up from RMB 17,491.0 million in 2021[66]. - Fixed asset investment for the year was approximately RMB 13,625.4 million, a decrease of 15.7% from RMB 16,165.5 million in 2021[67]. - The company issued RMB 7,400.0 million in short-term financing bonds and RMB 2,500.0 million in medium-term notes in 2022 to support operational capital and debt repayment[73]. Research and Development - Research and development expenses increased to approximately RMB 1,869.79 million from RMB 1,753.04 million in 2021[3]. - The company has initiated research on comprehensive nuclear energy utilization, exploring new technologies and models to enhance market competitiveness[105]. Nuclear Power Operations - The company has been focusing on nuclear power generation and related services, which are key areas for future growth and expansion[7]. - As of December 31, 2022, the company managed 26 operational nuclear units with a total capacity of 29,380 MW, representing a 4% increase in the number of units and a 3.96% increase in capacity compared to the previous year[84]. - The average utilization hours for nuclear power in 2022 were 7,616 hours, a decrease of 186 hours from 2021[80]. - The company plans to continue investing in the construction of nuclear power plants and technological upgrades for operational units in 2023[78]. - The company is managing 7 nuclear units under construction, with a total capacity of 3,560 MW as of December 31, 2022[84]. - The company is committed to safety management, emphasizing that "nuclear safety is paramount" in all phases of nuclear power operations[85]. Environmental and Safety Management - The company maintained a good safety record, with no Level 2 or higher nuclear incidents reported in its operational history[86]. - The company conducted joint emergency drills with Danzhou Nuclear Power, Yangjiang Nuclear Power, and Hongyanhe Nuclear Power in 2022 to enhance emergency response capabilities[86]. - The total radioactive discharge from the company's nuclear stations was significantly below the applicable national limits[95]. - The cumulative electricity generation equivalent to reduced coal consumption is approximately 59.81 million tons, resulting in a reduction of CO2 emissions by about 164.25 million tons, SO2 emissions by about 20,000 tons, and NOx emissions by about 30,200 tons[97]. Corporate Governance - The company has complied with all provisions of the Corporate Governance Code except for the requirement regarding significant conflicts of interest, which was addressed through a written resolution due to pandemic restrictions[113]. - A special pre-meeting report was held on February 24, 2022, to inform independent non-executive directors about significant matters, ensuring they had ample time to understand the issues before the board meeting[114]. - The Audit and Risk Management Committee has reviewed the group's annual performance and the consolidated financial statements for the year ended December 31, 2022, prepared in accordance with Chinese accounting standards[116]. - KPMG Huazhen has audited the company's consolidated financial statements for the year ended December 31, 2022, and issued a standard unqualified audit opinion[117].
中广核电力(01816) - 2022 - 年度业绩