Financial Performance - The company's revenue for the year ended December 31, 2022, was RMB 25,464,673,000, a decrease of 27.1% compared to the previous year[2]. - The net profit attributable to shareholders was RMB 3,923,130,000, down 35.6% year-on-year[3]. - The basic earnings per share for ordinary shareholders was RMB 0.2902[2]. - The company's revenue for the year ended December 31, 2022, was RMB 25,464,673 thousand, a decrease of 27.1% from RMB 34,914,585 thousand in 2021[12]. - The net profit attributable to the owners of the parent company for the year was RMB 3,923,130 thousand, down 35.7% from RMB 6,089,321 thousand in the previous year[12]. - The adjusted profit before tax from continuing operations was RMB 4,828,038,000 for the year ending December 31, 2022, compared to RMB 7,830,582,000 in 2021, showing a decline in profitability[24]. - The total gross profit for the year was RMB 6,517,608,000, down from RMB 9,969,651,000 in the previous year[56]. - The total operating cost for the group was RMB 18,947,065,000, down 24.0% from RMB 24,944,934,000 in the previous year[48]. - The company's net profit attributable to shareholders for the year ended December 31, 2022, was RMB 3,923,130,000, a decrease of 35.6% compared to RMB 6,089,321,000 in the previous year[65]. Dividends and Shareholder Returns - The board proposed a final dividend of RMB 0.087 per share, including applicable taxes[3]. - The proposed final dividend per share is RMB 0.087 for 2022, down from RMB 0.226 in 2021, resulting in a total proposed dividend of approximately RMB 1,176,885 thousand compared to RMB 3,057,195 thousand in the previous year[30]. - The board proposed a final dividend of RMB 0.087 per share for the year ended December 31, 2022, totaling approximately RMB 1,176,884,731.77[86]. Assets and Liabilities - Total non-current assets increased to RMB 103,256,637 thousand in 2022 from RMB 99,048,643 thousand in 2021, reflecting a growth of 4.4%[15]. - The company's cash and cash equivalents decreased to RMB 15,440,560 thousand in 2022 from RMB 17,871,147 thousand in 2021, a decline of 13.6%[15]. - As of December 31, 2022, the total assets decreased to RMB 86,071,074,000 from RMB 78,731,678,000 in 2021, reflecting a net current liability of RMB 17,185,563,000[16]. - The total non-current liabilities increased to RMB 57,176,767,000 in 2022 from RMB 46,042,781,000 in 2021, indicating a significant rise in financial obligations[16]. - The total current liabilities decreased to RMB 42,019,557,000 in 2022 from RMB 53,884,645,000 in 2021, indicating improved liquidity management[16]. - The company's net asset value was RMB 28,894,307,000 as of December 31, 2022, down from RMB 32,688,897,000 in the previous year[16]. - The group's current liabilities net value as of December 31, 2022, was RMB 17,185,563,000[67]. Operational Highlights - The company applied for 184 new patents in 2022, bringing the total to 457 patents by the end of the year[5]. - The company is actively promoting digital transformation and has developed a digital trading platform that has achieved new breakthroughs in online order volume and e-commerce sales[5]. - The company is focusing on green and low-carbon development, with two 700TEU electric container ships under construction as part of its commitment to the national "dual carbon" strategy[8]. - The company is enhancing its risk management capabilities, optimizing annual risk limits and monitoring indicators to ensure stable business development across all sectors[7]. - The company aims to enhance its service capabilities in the shipping leasing sector, focusing on digitalization and energy-saving upgrades[10]. - The company aims to strengthen its investment management sector by optimizing its investment portfolio to improve returns[10]. - The company is actively participating in social welfare initiatives and poverty alleviation efforts, contributing to rural revitalization[10]. - The company is committed to sustainable development and enhancing its risk management system to ensure safe growth[11]. - The shipping industry is expected to experience cyclical fluctuations in supply and demand, with a focus on digital and low-carbon transformation[10]. - The company is integrating resources within the green shipping industry to promote the development of a green shipping system[10]. - The company aims to integrate resources related to shipping logistics to enhance the value of cash flow in the shipping logistics ecosystem[35]. Market Outlook - The company anticipates that the container leasing market will gradually stabilize due to factors such as the demand for new capacity and the replacement of old containers[34]. - The overall demand for container manufacturing is expected to slow down in 2023 due to challenges such as inflation and declining export trade momentum, but there will still be support from the need to replace old containers[34]. Financial Management - The company has not utilized its bank credit facilities as of December 31, 2022, suggesting a strong liquidity position for ongoing operations[19]. - The company plans to maintain an appropriate capital structure to ensure effective capital management[66]. - The company expects its investment portfolio to be influenced by interest rate changes, market factors, and macroeconomic performance[62]. - The company has implemented a strategy to reduce leverage and optimize its capital structure, focusing on lowering debt levels and controlling funding costs[72]. - The group's net debt-to-equity ratio as of December 31, 2022, was 266%, an increase from 223% the previous year[79]. Governance and Compliance - The company received an A-level rating for information disclosure from the Shanghai Stock Exchange for eight consecutive years, reflecting its commitment to corporate governance[6]. - The company confirmed compliance with the Corporate Governance Code as per the Hong Kong Stock Exchange for the year ended December 31, 2022[90]. - The company adopted a standard code of conduct for securities trading that meets or exceeds the standards set out in the Listing Rules[91]. - The audit committee consists of two independent non-executive directors and one non-executive director, and has reviewed the annual performance for the year ended December 31, 2022[89]. Employee and Capital Structure - The total employee expenses for the period were approximately RMB 2,532,521,000, covering 10,586 employees[87]. - The company plans to increase registered capital in the financial group by a total of RMB 13,500,000,000 following the completion of a share restructuring[85]. - The final registered capital of the financial group will increase from RMB 6,000,000,000 to RMB 19,500,000,000 post-restructuring[85].
中远海发(02866) - 2022 - 年度业绩