Financial Performance - The total operating revenue for the current period is RMB 24,984,261,415.23, an increase of 15.3% compared to RMB 21,569,761,574.55 in the previous period[11]. - The net profit attributable to the parent company is RMB 98,638,427.66, recovering from a net loss of RMB 4,142,448,248.42 in the previous period[13]. - The total operating costs decreased to RMB 24,746,152,616.39 from RMB 25,265,460,929.82, reflecting a reduction of 2.1%[12]. - The company reported a gross profit margin of approximately 0.95% for the current period, compared to a negative margin in the previous period[13]. - The company’s gross profit for the current period was RMB 2,863,430,498.86, compared to RMB -1,978,976,548.43 in the previous period, indicating a significant turnaround[30]. - The company's net profit margin improved, with the net profit margin for the current period calculated at approximately 0.4% compared to a negative margin in the previous year[31]. - The total profit for the current period was 20,577.67 million CNY, a recovery from a loss of -420,026.69 million CNY in the previous year[38][39]. - In 2022, the company achieved a net profit attributable to shareholders of RMB 98.64 million, an increase of RMB 4.24 billion year-on-year, with earnings per share of RMB 0.058[52]. Assets and Liabilities - As of December 31, 2022, total assets amounted to RMB 63.28 billion, an increase from RMB 60.61 billion on January 1, 2022, representing a growth of approximately 4%[4]. - The company's total liabilities increased to RMB 50.91 billion from RMB 48.42 billion, reflecting a growth of around 5%[8]. - Total current liabilities reached RMB 45.86 billion, up from RMB 44.45 billion, indicating an increase of approximately 3%[6]. - Long-term borrowings rose significantly to RMB 2.39 billion from RMB 1.03 billion, marking an increase of around 132%[8]. - The total non-current assets amounted to RMB 9.76 billion, up from RMB 9.11 billion, indicating a growth of approximately 7%[4]. - The total assets as of December 31, 2022, are RMB 63,283,530,532.06, an increase from RMB 60,610,193,220.67 at the beginning of the year[10]. - The total liabilities, including accounts payable, were RMB 13,796,665,716.93 at the end of the period, slightly down from RMB 13,875,963,319.42 at the beginning of the year[28]. Cash Flow - Operating cash inflow from sales of goods and services reached RMB 30.82 billion, up from RMB 24.51 billion in the previous period, representing a growth of approximately 25.4%[16]. - Net cash flow from operating activities amounted to RMB 28.42 billion, compared to RMB 25.01 billion in the prior period, indicating an increase of about 9.6%[17]. - The net increase in cash and cash equivalents for the period was RMB 3.66 billion, compared to RMB 1.32 billion in the previous period, marking an increase of approximately 176.5%[20]. - The ending balance of cash and cash equivalents stood at RMB 16.28 billion, up from RMB 12.62 billion at the end of the previous period, representing a growth of about 28.9%[20]. - Cash inflow from investment activities totaled RMB 817.87 million, significantly down from RMB 5.38 billion in the previous period, reflecting a decrease of approximately 84.8%[18]. - Cash outflow for investment activities was RMB 1.48 billion, compared to RMB 4.41 billion in the prior period, showing a reduction of about 66.5%[19]. Investments and R&D - Research and development expenses increased to RMB 726,641,980.52, up from RMB 670,530,779.51, indicating a growth of 8.4%[12]. - The company invested CNY 1.269 billion in technology in 2022, with a research and development intensity of 5.20%, completing 345 research projects and developing 166 new products[49]. - The company plans to increase the newly added non-fossil energy generation capacity to approximately 180 million kilowatts in 2023, contributing to a total new installed capacity of around 250 million kilowatts[89]. - The company emphasizes the importance of technological innovation and plans to significantly increase R&D investment to enhance core competitiveness[91]. Market and Growth Strategy - The company has plans for market expansion and new product development, although specific figures and timelines were not disclosed in the current report[21]. - The company aims to improve operational efficiency and risk control capabilities while pursuing high-quality development[90]. - The company is focused on building a world-class equipment manufacturing enterprise and aims to achieve high-level results[90]. - The company plans to accelerate the digitalization of production and the intelligence of equipment to create new advantages[91]. - The company anticipates that solar and wind power generation capacities will surpass hydropower generation capacity for the first time in 2023[89]. Shareholder Information - The board proposed a final dividend of RMB 0.006 per share, amounting to a total distribution of RMB 10,239,138.00, which represents 10.38% of the earnings per share for the year[42]. - The company’s equity attributable to shareholders was CNY 1,172,794 million, with a net asset value per share of CNY 6.87, an increase of CNY 0.09 from the beginning of the year[61]. - The company will withhold a 10% personal income tax for H-share individual shareholders from countries with a tax treaty with China[68]. Corporate Governance - The company confirmed the independence of all independent non-executive directors as per the Hong Kong Stock Exchange listing rules[70]. - The company has purchased directors' liability insurance for all directors during the year[74]. - The company has implemented a stock appreciation rights incentive plan to motivate key employees[75]. Challenges and Outlook - The company faced complex domestic and international challenges in 2022 but managed to maintain stable economic operations and improve development quality[43]. - The company plans to hold the annual general meeting on May 25, 2023, to discuss the proposed dividend distribution[42].
哈尔滨电气(01133) - 2022 - 年度业绩