Core Viewpoint - Ningbo Shimao Energy Co., Ltd. held its 2024 annual performance briefing on March 31, 2025, to discuss its financial results and address investor inquiries [1][2]. Financial Performance - The company reported a revenue of 359.18 million yuan for 2024, a decrease of 0.64% compared to the previous year [3]. - The main business income from electricity and heat was 299.96 million yuan, down 1.91% year-on-year [3]. - The net profit attributable to the parent company was 171.73 million yuan, reflecting a decline of 8.74% year-on-year, primarily due to a decrease in steam prices and increased repair costs [3]. - Total assets at year-end were 1.57 billion yuan, with net assets attributable to the parent company at 1.38 billion yuan, showing year-on-year growth of 3.67% and 5.83%, respectively [3]. - Basic earnings per share were 1.07 yuan, down 9.32% year-on-year [3]. Dividend Policy - The company has emphasized its commitment to shareholder returns, having implemented a cash dividend of 96 million yuan in the first half of 2024 [3]. - Since its listing in July 2021, the company has distributed a total cash dividend of 304 million yuan over the last three accounting years, with a cash dividend ratio of 161.13% [3]. Future Plans - The company aims to focus on its core business and enhance operational quality while pursuing technological innovation to maximize shareholder value [3]. - Future mergers and acquisitions will be disclosed in accordance with regulatory requirements if they occur [3]. - The company plans to leverage its regional advantages and expand its traditional heating business while enhancing its waste treatment capabilities [5]. Waste Treatment Operations - The company is the sole waste incineration treatment center in the Yuyao area, responsible for the incineration of municipal waste, excluding certain recyclable and hazardous materials [4]. - There are concerns regarding the decline in waste processing volume over the past three years, attributed to potential adjustments in waste allocation by local authorities [4]. - The company has signed a new three-year waste incineration agreement with Yuyao Sanitation, with details available in a prior announcement [4].
宁波世茂能源股份有限公司关于2024年度业绩说明会召开情况的公告