Company code: Yunnan Wenshan Electric Power Co.Ltd(600995) company abbreviation: Yunnan Wenshan Electric Power Co.Ltd(600995) Yunnan Wenshan Electric Power Co.Ltd(600995)
Summary of annual report 2021
Section I important tips
1 the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should go to www.sse.com com. cn. The website carefully reads the full text of the annual report. 2. The board of directors, the board of supervisors and the directors, supervisors and senior managers of the company guarantee the authenticity, accuracy and completeness of the contents of the annual report, and there are no false records, misleading statements or major omissions, and bear individual and joint legal liabilities. 3. All directors of the company attend the board meeting. 4 Tianzhi International Certified Public Accountants (special general partnership) issued a standard unqualified audit report for the company. 5. The profit distribution plan or the plan of converting accumulation fund into share capital in the reporting period adopted by the resolution of the board of directors
The profit distribution of the company in 2021 is planned to adopt the method of cash dividend. Based on the total share capital of 478526400 shares at the end of 2021, the cash dividend of 0.1 yuan (including tax) will be distributed for every 10 shares, with a total cash dividend of 4785264 yuan (including tax), accounting for 30.37% of the net profit attributable to the shareholders of the company in the consolidated statements of the company in 2021. If the total share capital of the company changes from the date of disclosure of this distribution plan to the date of equity distribution and equity registration, the company plans to maintain the distribution amount per share unchanged and adjust the total distribution accordingly.
In 2021, no shares will be given, nor will the capital reserve be converted into share capital.
The above plan needs to be submitted to the 2021 annual general meeting of shareholders of the company for deliberation.
Section II basic information of the company
1 company profile
Company stock profile
Stock type stock exchange stock abbreviation stock abbreviation before stock code change
A Shanghai Stock Exchange Yunnan Wenshan Electric Power Co.Ltd(600995) Yunnan Wenshan Electric Power Co.Ltd(600995)
Contact person and contact information secretary of the board of directors securities affairs representative
Name Peng Wei Lei Peng
Office address: Room 403, building 8, Morgan Road, No. 932, Dianchi Road, Xishan District, Kunming, Yunnan
Tel: 087168177335087168177735
E-mail [email protected]. [email protected].
2. Introduction to the company's main business in the reporting period
According to Hao Yingjie, Secretary General of the China Electricity Council, when releasing the analysis and prediction report on the national power supply and demand situation in 20212022, in 2021, facing multiple tests such as the complex and severe international environment and the spread of covid-19 pneumonia in China, the annual growth rate of power consumption achieved double-digit growth, and the power installation structure continued the trend of green and low-carbon development. Affected by multiple factors such as the shortage of power coal supply, the overall power supply and demand in September and October was tight, orderly power consumption occurred in many places, and power cut-off and power restriction occurred in a few periods in some areas. The state attaches great importance to and has issued a series of energy and power supply guarantee measures. From November 7, 2021 to the end of 2021, the scale of orderly power consumption in the country will be basically cleared, and only some provinces take the initiative to implement orderly power consumption for some high energy consuming and high polluting enterprises.
1. National power supply and demand situation
According to the analysis and prediction report on the national power supply and demand situation in 20212022, from the perspective of power demand, driven by the continuous recovery and development of China's economy, the low base in the same period of last year, the rapid growth of foreign trade exports and other factors, in 2021, the power consumption of the whole society was 8.31 trillion kwh, a year-on-year increase of 10.3%, and the power consumption increased rapidly. Among them, the power consumption of the primary industry was 102.3 billion kwh, a year-on-year increase of 16.4%; The electricity consumption of the secondary industry was 5.61 trillion kwh, a year-on-year increase of 9.1%; The electricity consumption of the tertiary industry was 1.42 trillion kwh, a year-on-year increase of 17.8%; The domestic electricity consumption of urban and rural residents was 1.17 trillion kwh, a year-on-year increase of 7.3%. From the perspective of power supply, by the end of 2021, the national installed capacity of full caliber power generation was 2.38 billion kw, a year-on-year increase of 7.9%; The power generation of Industrial Enterprises above Designated Size in China was 8.11 trillion kwh, a year-on-year increase of 8.1%. In terms of power generation and power generation hours, the power generation of full caliber non fossil energy was 2.90 trillion kwh, a year-on-year increase of 12.0%, and the proportion of coal power generation in the total power generation was 60.0%. The utilization hours of power generation equipment in China were 3817 hours, an increase of 60 hours year-on-year. Among them, the utilization hours of nuclear power, thermal power and wind power generation equipment increased by 352 hours, 237 hours and 154 hours respectively year-on-year. In terms of trans regional transmission volume, trans regional and trans provincial power output increased by 6.2% and 4.8% year-on-year. In terms of market-oriented trading, the trading volume of power market increased by 20.1% year-on-year.
2. Power supply and demand situation in Yunnan
According to the report on the operation summary of Yunnan power market in 2021 and the forecast and analysis report in 2022 issued by Kunming Power Trading Center, the overall power operation in 2021 showed a tense situation of supply and demand. In terms of power generation, the annual power generation of Yunnan power grid (including small power) was 354056 billion kwh, a year-on-year increase of 3.25%. Among them, the medium balanced hydropower generating capacity was 258 billion 92 million kwh, an increase of 3.94% over the same period last year. New energy power generation was 27.893 billion kwh, a year-on-year decrease of 5.72%; Thermal power generation was 34.999 billion kwh, an increase of 11.06% year-on-year; The power generation of prefectures and counties was 33.072 billion kwh, a year-on-year decrease of 1.24%. In terms of power consumption, driven by the sustained economic recovery and development and the obvious increase of new aluminum silicon power consumption, the power consumption has increased strongly since the beginning of the year. However, due to the lack of power generation supply capacity, the province had to start orderly power consumption since May 10. At the same time, the "dual control" policy of energy consumption also imposed certain restrictions on power consumption. Finally, the power consumption of the whole society in the whole year was 213825 billion kwh, an increase of 5.6% year-on-year.
In 2021, the power consumption of the province's primary industry was 2.271 billion kwh, a year-on-year increase of 22.76%; The electricity consumption of the secondary industry was 153416 billion kwh, a year-on-year increase of 3.20%; The electricity consumption of the tertiary industry was 28.6 billion kwh, a year-on-year increase of 12.50%; The domestic electricity consumption of urban and rural residents was 29.623 billion kwh, a year-on-year increase of 11.43%.
3. Power supply and demand situation in Wenshan Prefecture
According to the energy economic operation of Wenshan Prefecture in 2021 released by the Energy Bureau of Wenshan Prefecture, in 2021, the power generation of the whole Prefecture was 8.522 billion kwh, with a year-on-year increase of 3.47%, including 7.284 billion kwh of hydropower, with a year-on-year increase of 4.78%; The thermal power generation capacity was 298 million kwh, a year-on-year decrease of 9.36%; The wind power generation capacity was 757 million kwh, a year-on-year decrease of 3.61%; Photovoltaic power generation was 184 million kwh, a year-on-year increase of 7.52%.
The power consumption of the whole society was 25.38 billion kwh, with a year-on-year increase of 55.58%. The growth rate ranked first in the province and the absolute volume ranked third in the province, becoming the third largest power load center in the province. Among them, 96 million kwh of electricity was used in the primary industry, with a year-on-year increase of 26.13%; The electricity consumption of the secondary industry was 22.225 billion kwh, a year-on-year increase of 65.03%; The power consumption of the tertiary industry was 1.27 billion kwh, a year-on-year increase of 17.09%; Industrial power consumption was 22.21 billion kwh, a year-on-year increase of 66.12%; The electricity consumption of urban and rural residents was 1.789 billion kwh, a year-on-year increase of 6.17%.
The company's power load is mainly concentrated in high energy consuming industries. In 2021, due to the multiple effects of epidemic situation, orderly power restriction and dual control of energy consumption, the power supply is insufficient, and the power sales business market does not meet expectations, resulting in the decline of the company's performance. The main reasons are as follows: first, due to the impact of orderly power consumption, the sales power is 324 million kwh less than the budget, and the power sales revenue is 111 million yuan less than expected; Second, according to the guiding opinions on the socialized management of retirees in state-owned enterprises (Ting Zi [2019] No. 19), 965596 million yuan of out of plan expenses and dismissal benefits for retirees were accrued at one time, resulting in an increase in costs.
In 2021, the annual electricity sales were 585166 million kwh, with a year-on-year increase of 409.42 million kwh, an increase of 7.52%. Self owned power stations completed 502.82 million kwh of spontaneous power supply, a year-on-year decrease of 26.73 million kwh, a decrease of 5.05%; The electricity purchased was 560831 million kwh, with a year-on-year increase of 426.56 million kwh, an increase of 8.23%. Among them, the local electricity purchased was 191222 million kwh, with a year-on-year increase of 272.62 million kwh, an increase of 16.63%; The electricity purchased from the provincial grid was 3696.1 million kwh, a year-on-year increase of 153.95 million kwh, an increase of 4.35%; The completed power supply was 611113 million kwh, a year-on-year increase of 399.83 million kwh, an increase of 7%; The wholesale power consumption was 902.51 million kwh, a year-on-year decrease of 97.21 million kwh, a decrease of 9.72%.
In 2021, first, the impact of preferential electricity price policy on general industrial and commercial epidemic will be cancelled; Second, the change of power sales structure; Affected by the above factors, the average selling price was 357.06 yuan / MWh, an increase of 20.37 yuan / MWh over the previous year.
Power purchase and cost
Comparison of power supply of the company in 2021 and 2020
Source of power supply: year-on-year increase or decrease in 2021 and 2020
Spontaneous power supply (10000 KWH) 5028252955 - 2673
Purchased power saving (10000 KWH) 36961035421515395
Purchased local small hydropower (10000 KWH) 19122216396027262
Power supply (10000 KWH) 61111357113039983
In 2021, the company purchased 560831 million kwh of electricity, and the power purchase cost was 9771961 million yuan, an increase of 1370373 over the same period of last year
Million yuan, an increase of 16.31%. The company sold 585166 million kwh of electricity, with a revenue of 20893973 million yuan, an increase of 2570221 million yuan over 2020.
Power design business
In 2021, the company achieved an operating revenue of 467373 million yuan, a total profit of 1.7142 million yuan and a net profit of 1.627 million yuan.
Power distribution business
In 2021, the company achieved an operating income of 126359 million yuan, a total profit of 8.7965 million yuan and a net profit of 6.5715 million yuan.
Investment income
In 2021, the company's investment income was 24.79 million yuan, and in 2020, the investment income was 21.52 million yuan.
3 main accounting data and financial indicators of the company 3.1 main accounting data and financial indicators in recent three years
Unit: yuan currency: RMB
20212020 compared with 2019 of the previous year
Increase or decrease (%)
Total assets 319623923322287103798582 11.33276046045561
Net assets attributable to shareholders of listed company 2137365510219198637237 -2.49218654 Guangzhou Grandbuy Co.Ltd(002187)
Operating income 216360131628188143205361 15. Letong Chemical Co.Ltd(002319) 22425372
Net profit attributable to shareholders of listed company 157578596111072215850 -85.7733211822989
Attributable to listed companies 80842773339393070577
