Gansu Jingyuan Coal Industry And Electricity Power Co.Ltd(000552)
Financial final accounts of 2021 and financial budget report of 2022
2021 is the beginning of the company's new journey of high-quality development during the 14th Five Year Plan period, and it is also a key year for the extension, transformation and upgrading of the company's industrial chain. Over the past year, the company has always adhered to the guiding ideology of Xi Jinping socialism with Chinese characteristics in the new era, adhered to the two hands of epidemic prevention and control and safe production, took high-quality development as the goal and safe production as the guarantee, adhered to the general idea of "working with one heart and one mind, daring to reform and innovate and develop", and closely focused on the annual production and operation objectives, implemented the general meeting of shareholders The board of directors decided on the arrangement of matters, reversed the production and operation progress, continued to promote cost control and efficiency increase, strengthened continuous adjustment, paid attention to production, carefully organized production and operation activities, achieved the goal of improving quality, increasing efficiency and stabilizing growth, and fully completed the annual operation goal.
Part I financial statement report of 2021
The 2021 financial statements of the company have been audited by ShineWing certified public accountants and issued a standard unqualified audit report.
1、 Completion of main indicators of production and operation
1. Coal production and sales: the coal output was 8.7799 million tons, with a year-on-year decrease of 76300 tons, and the sales volume was 9.4165 million tons, with a year-on-year increase of Shanghai Environment Group Co.Ltd(601200) tons.
2. Thermal power generation: thermal power generation reached 3.573 billion kwh, with a year-on-year increase of 307 million kwh.
3. Operating income: 4841239100 yuan was actually completed, with a year-on-year increase of 1154063800 yuan, an increase of 31.30%. Mainly due to the rise of coal price and coal sales volume, the coal sales revenue increased year-on-year.
4. Total operating cost: the actual operating cost was 3939249800 yuan, with a year-on-year increase of 820476100 yuan, an increase of 26.31%. The main reasons are: first, the rise of coal price affects the increase of power generation cost; Second, the increase of coal sales leads to; Third, the assessment of safety and benefit objectives affects the increase of salary cost year-on-year.
5. Total profit: 916007 million yuan was actually completed, with a year-on-year increase of 3874652 million yuan, an increase of 73.31%, mainly due to the increase of coal price and coal sales.
6. Net profit: 725122900 yuan was actually completed, with a year-on-year increase of 279677700 yuan, an increase of 62.79%. 7. Basic earnings per share: 0.3151 yuan for the whole year, with a year-on-year increase of 0.1205 yuan, an increase of 61.92%, mainly due to the year-on-year increase in net profit.
2、 Changes in financial position
1. Asset changes and cause analysis
As of December 31, 2021, the total assets of the company were 14412444300 yuan, an increase of 869620500 yuan or 6.42% over the beginning of the year. Of which:
(1) The current assets were 7878895100 yuan, accounting for 54.67% of the total assets, an increase of 2409583 million yuan or 3.15% over the beginning of the year.
(2) Non current assets were 6533549200 yuan, accounting for 45.33% of the total assets, an increase of 628662200 yuan or 10.65% over the beginning of the year.
2. Changes in liabilities and cause analysis
The total liabilities at the end of 2021 were 5584053500 yuan, an increase of 575247300 yuan or 11.48% over the beginning of the year. Of which:
(1) Current liabilities were 25123201 million yuan, an increase of 6623326 million yuan or 35.80% over the beginning of the year, mainly due to the year-on-year increase in taxes payable and accounts payable.
(2) Non current liabilities amounted to 30717334 million yuan, a decrease of 870853 million yuan or 2.76% over the beginning of the year, mainly due to the year-on-year decrease in bonds payable.
3. Changes in shareholders' equity
The shareholders' equity at the end of 2021 was 8828390800 yuan, an increase of 294373300 yuan over the beginning of the year. The increase was mainly due to the increase of the company's net profit in 2021. Including 2350879800 yuan of share capital at the end of the year, 2052040900 yuan of capital reserve at the end of the year, 554198600 yuan of surplus reserve at the end of the year, 263155300 yuan of special reserve and 2904186100 yuan of undistributed profit.
The company's asset liability ratio was 38.74%, an increase of 1.76 percentage points over the beginning of the year. On the whole, the asset liability structure remained stable.
Part II opinions on financial budget arrangement in 2022
The company's financial budget for 2022 focuses on weaknesses, comprehensively prevents operational risks, closely cooperates with and serves the company's annual production, operation and development objectives, and formulates the financial budget for 2022:
1. Main production and operation budget targets for 2022 (the following production and operation budget data do not constitute a substantive commitment to investors, please pay attention to risks)
The coal output is planned to be 8.6 million tons, realizing the balance of production and sales, generating 3 billion kwh, heating 5.7 million GJ and industrial steam supply 1.8 million GJ.
2. Special investment budget
In 2021, the company's special investment plan is 1470960100 yuan (excluding major repair), and the actual completion is 1563421900 yuan, 106.29% of the annual plan. The investment plan of major repair project is 1096944 million yuan, the actual completion is 105688 million yuan, and 96.35% of the annual plan is completed.
In 2022, the company arranged a special planned investment of 1909865400 yuan. The investment in work safety projects is 665345800 yuan, accounting for 34.84%; The investment arranged for the maintenance and renewal project is 232241200 yuan, accounting for 12.16%; The project investment of financial funds is 6.5539 million yuan, accounting for 0.34%. The investment for the new project is 10057245 million yuan, accounting for 52.66%.
