Financial Performance - Revenue for the year ended December 31, 2022, was RMB 46,253,534 thousand, a decrease of 8.8% from RMB 50,746,321 thousand in 2021[2] - Gross profit for the same period was RMB 8,038,192 thousand, down 29.5% from RMB 11,476,496 thousand in 2021[2] - The net profit attributable to shareholders for the year was RMB 2,383,433 thousand, a decline of 36.2% compared to RMB 3,731,394 thousand in 2021[3] - The company reported a total comprehensive income of RMB 2,517,301 thousand for the year, down 35.2% from RMB 3,883,362 thousand in 2021[3] - The pre-tax profit for the year ended December 31, 2022, was RMB 2,771,784 thousand, a decrease of 40.5% compared to RMB 4,628,664 thousand in 2021[9] - Operating profit for the year increased to RMB 233,170 thousand in 2022, down from RMB 289,439 thousand in 2021, a decrease of 19.5%[19] - Basic and diluted earnings per share for the year ended December 31, 2022, reported at RMB 0.52, down from RMB 0.85 in 2021, reflecting a decrease of 38.82%[16] - The company's weighted average return on net assets decreased to 6.38%, down from 11.55% in the previous year[108] Assets and Liabilities - Non-current assets totaled RMB 74,449,489 thousand as of December 31, 2022, an increase from RMB 71,729,065 thousand in 2021[5] - Current assets increased to RMB 62,372,889 thousand from RMB 47,935,932 thousand in the previous year, reflecting a growth of 30.2%[5] - As of December 31, 2022, current liabilities totaled RMB 59,129,920 thousand, an increase of 18.5% from RMB 49,886,074 thousand in 2021[6] - Total assets minus current liabilities reached RMB 77,692,458 thousand, up from RMB 69,778,923 thousand in 2021, reflecting a growth of 11.5%[6] - Non-current liabilities increased to RMB 37,346,163 thousand, a rise of 12.3% from RMB 33,050,522 thousand in 2021[6] - The company's total equity rose to RMB 40,346,295 thousand, compared to RMB 36,728,401 thousand in the previous year, marking an increase of 9.0%[6] Cash Flow and Investments - Cash and cash equivalents rose significantly to RMB 15,246,143 thousand, compared to RMB 8,141,296 thousand in 2021, marking an increase of 87.5%[5] - The net cash flow from operating activities after tax payments was RMB 5,881,321 thousand, up from RMB 4,967,643 thousand, indicating a growth of 18.3%[9] - The total cash flow from investing activities for the year ended December 31, 2022, was a net outflow of RMB 6,138,878 thousand, compared to RMB 7,953,948 thousand in 2021[10] - The company reported a net cash inflow from financing activities of RMB 6,917,457 thousand for the year ended December 31, 2022, up from RMB 3,471,317 thousand in 2021[10] Operational Highlights - The total revenue for the wind turbine manufacturing and sales segment reached RMB 32,602,459 thousand, while the wind power service segment generated RMB 5,646,746 thousand[25] - The company reported a significant increase in trade payables and notes payable, which rose to RMB 7,027,736 thousand from RMB 3,058,649 thousand, marking an increase of 129.5%[9] - The company’s revenue from wind turbine manufacturing and sales was RMB 32,602,459,000, accounting for 70.4% of total revenue[31] - The company maintained a domestic wind power installation capacity of 11.36 GW, capturing a market share of 23%, ranking first in the country for twelve consecutive years[89] Research and Development - Research and development costs totaled RMB 1,588,654 thousand in 2022, slightly increasing from RMB 1,583,520 thousand in 2021[39] - The company has established eight R&D centers and employs over 3,000 experienced technical personnel to drive product innovation and development[147] - The company has invested RMB 200 million in research and development for new wind turbine models, aiming for a 15% increase in energy output[162] Market and Future Outlook - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[3] - The company aims to achieve a doubling of wind and solar power generation by 2025 compared to 2020 levels, with renewable energy accounting for over 80% of new electricity consumption[140] - The company plans to establish a unified national electricity market system by 2030, enhancing the integration of renewable energy into the market[86] - The global renewable energy installed capacity is expected to grow nearly double in the next five years, surpassing coal as the largest power source[139] Dividend and Shareholder Information - The proposed final cash dividend is RMB 1.2 per 10 shares, totaling RMB 507,008,000, subject to approval at the upcoming annual general meeting[46] - The board proposed a final dividend of RMB 1.2 per 10 shares, totaling RMB 507,008,117.64, subject to shareholder approval at the annual general meeting[151] Compliance and Governance - The company has complied with all applicable provisions of the Corporate Governance Code for the year ended December 31, 2022[152] - The audit committee approved the annual performance review for the year 2022[159]
金风科技(02208) - 2022 - 年度业绩