Hainan Mining(SH:601969) Zheng Quan Ri Bao·2025-03-25 12:43Core Viewpoint - Hainan Mining's 2024 performance demonstrates resilience with a focus on global resource expansion and strategic acquisitions [1][3] Financial Performance - The company reported a total revenue of 4.066 billion yuan, a year-on-year decrease of 13.11% [3] - The net profit attributable to shareholders reached 706 million yuan, an increase of 12.97% year-on-year [3] - The non-deductible net profit was 680 million yuan, showing a significant increase of 23.72% year-on-year [3] - Operating costs decreased by 17.34%, leading to a gross margin increase of 3.35 percentage points to 34.82% [3] - Operating cash flow net amount was 1.388 billion yuan [3] Strategic Expansion - The company is enhancing its global resource layout, achieving one overseas project acquisition annually for three consecutive years [3] - In 2024, revenue from overseas subsidiaries reached 1.968 billion yuan, accounting for 48% of total revenue [3] - Overseas assets amounted to 5.828 billion yuan, representing over 45% of total assets [3] Resource Development - The resource layout has expanded to the Middle East through a comprehensive offer to acquire Tethys Oil AB, gaining oil field rights in four blocks in Oman [4] - The acquisition is expected to boost Rock Oil's crude oil production by 140%, positioning the company among the leading independent oil and gas companies in A-shares, excluding the three major national oil companies [4] - New exploration blocks cover nearly 90% of undeveloped areas, providing significant potential reserves for long-term growth [4] Future Outlook - The year 2025 marks the conclusion of Hainan Mining's "14th Five-Year" strategic plan, with a commitment to existing strategies focusing on "minerals + energy" [4] - The company aims to optimize its dual-driven model of "industrial operation + industrial investment" to achieve breakthroughs in global industrial layout and green smart transformation [4]