金融界首页>行情中心>粤电力A>个股公告> 正文

-

-
(-%)
当前价  
当前价  
当前价  

个股公告正文

粤电力B:2019年半年度报告摘要(英文版)

日期:2019-08-31附件下载

    Stock code: 000539,200539 Stock Abbreviation: Yue Dian Li A, Yue Dian Li B
    
    Announcement No.: 2019-38
    
    Guangdong Electric power Development Co., Ltd.
    
    Summary of the Semi-Annual Report 2019
    
    I. Important notes
    
    The summary is abstract from full-text of summary of the semi-annual report, for more details information ,
    
    investors should found in the full-text of summary of the semi-annual report that published on website of
    
    Shenzhen Stock Exchange and other website appointed by CSRC.
    
    Objections of the directors, supervisors and senior management
    
               Name                       Title                          Content
    
    
    Statement
    
    Directors other than the following ones have attended the Board meeting to review the interim report.
    
         Name ofdirectorabsent        Titleforabsentdirector      Reasonsforabsent           Attorney
              WenShufei                 Director            Duetobusiness            WangJin
             Wen Lianhe                 Director            Duetobusiness          ZhengYunpeng
              LiangPeilu                 Director            Duetobusiness          YinZhongyu
             MaoQinghan                Director            Duetobusiness            ShaQilin
             MaXiaoqian            IndependentDirector        Duetobusiness          ShenHongtao
    
    
    Non-standard auditor’s opinion
    
    □ Applicable √Not applicable
    
    Preliminary plan for profit distribution to the common shareholders or turning the capital reserve into the share
    
    capital for the reporting period, which has been reviewed and approved at the board meeting
    
    □ Applicable √Not applicable
    
    The company will distribute no cash dividends or bonus shares and has no reserve capitalization plan.
    
    The preference share profit distribution pre-plan approved by the Board of Directors
    
    □ Applicable √Not applicable
    
    II. Basic information about the company
    
    1. Company profile
    
    Stock abbreviation    YueDianLiA,YueDianLiB          Stockcode             000539、200539
      Stockexchangefor  ShenzhenStockExchange
          listing
    Contact  person  and            Boardsecretary                   SecuritiesaffairsRepresentative
    contact manner
    Name             LiuWei                             QinXiao
    Address            35/F,SouthTower,YudeanPlaza,No.2  Tianhe   36/F,SouthTower,YudeanPlaza,No.2  Tianhe
                     RoadEast,Guangzhou,GuangdongProvince     RoadEast,Guangzhou,GuangdongProvince
    Tel               (020)87570276                         (020)87570251
    E-mail            liuw@ged.com.cn                       qinxiao@ged.com.cn
    
    
    2. Major accounting data and financial indicators
    
    May the Company make retroactive adjustment or restatement of the accounting data of the previous years
    
    □ Yes√ No
    
                                     Reporting period      Sameperiodoflastyear       YoY+/-(%)
    Operating income(RMB)                   12,874,181,250         13,894,985,179              -7.35%
    Net profitattributabletotheshareholders             581,569,383           448,833,518              29.57%
    of thelistedcompany(RMB)
    Net profitafterdeductingofnon-recurring
    gain/loss attributabletotheshareholdersof            588,588,917           413,141,718              42.47%
    listed company(RMB)
    Cash flowgeneratedbybusinessoperation,          3,803,441,801          3,795,532,708               0.21%
    net(RMB)
    Basic earningpershare(RMB/Share)                   0.1108               0.0855              29.59%
    Diluted gainsper                                0.1108               0.0855              29.59%
    share(RMB/Share)(RMB/Share)
    Weighted averageROE(%)                          2.37%               1.88%               0.49%
                                    As attheendofthe     Asattheendoflastyear      YoY+/-(%)
                                      reportingperiod
    Gross assets(RMB)                        72,888,042,485         73,329,662,306              -0.60%
    Net assetsattributabletoshareholdersof           24,551,367,214         24,227,302,288               1.34%
    the listedcompany (RMB)
    
    
    3.Shareholders and shareholding
    
    In Shares
    
    Total Numberofcommon                            Numberofshareholdersof
    shareholders attheendofthe                     98,303preferredstocksofwhich                        0
    reporting period                                  votingrightsrecoveredinthe
                                                 report period(Ifany)
                                   ShareholdingsofTop10shareholders
                                                                  Amount     of Numberorshare
             Shareholders                       Proportion                           pledged/frozenNatureof            Numberofshares
                                  shareholder    ofshares  heldatperiod-endrestricted shares
                                             held(%)                           Stateof  Amou
                                                                  held           share    nt
    Guangdong Energy Group Co., Ltd. State-ownedlegal    67.39%   3,538,005,285  1,893,342,621
                                person
    China SecuritiesFinanceCo.,Ltd.     State-ownedlegal     2.84%     148,862,420
                                person
    Shenzhen  Guangfa  Electric  PowerState-ownedlegal     2.22%     116,693,602
    Investment Co.,Ltd.              person
    Guangdong ElectricPower          State-ownedlegal     1.80%      94,367,341
    Development Corporation          person
    Li Zhuo                      DomesticNatural     0.61%      31,932,923
                                person
    Zheng Jianxiang                DomesticNatural     0.43%      22,625,098
                                person
                                Domestic
    Harbin HaliIndustryCo.,Ltd.       Non-Stateowned     0.41%      21,758,045
                                legalperson
    National SocialSecurityFund103     Domestic
    portfolio                      Non-Stateowned     0.36%      18,994,982
                                legalperson
    CHINA INT'LCAPITALCORPHONG OverseasLegal      0.29%      15,316,066
    KONG SECURITIESLTD         person
    Harbin DaoliDistrictCharity        Domestic
    Foundation                    Non-Stateowned     0.26%      13,730,793
                                legalperson
                                             ThefourthlargestshareholderGuangdongElectricPower
    Explanation onassociatedrelationshipamongtheaforesaid DevelopmentCorporationisthewholly-ownedsubsidiariesofthe
    shareholders                                largestshareholderYudeanGroup.Thesetwocompanieshave
                                             relationships;whethertheothershareholdershaverelationshipsor
                                             unanimousactingwasunknown
                                             TheFifthlargestshareholderLiZhuoholds425,600Asharesofthe
                                             CompanythroughAsharesordinarystockaccount,andholds
                                             31,507,323AsharesoftheCompanythroughstockaccountwith
                                             credittransactionandguarantee,hold31,932,923sharesofthe
                                             Company'sstocktotally.
                                             TheSeventhlargestshareholderHarbinHaliIndustryCo.,Ltd.
    Explanation onshareholdersparticipatinginthemargin    holds815,400AsharesoftheCompanythroughAsharesordinary
    trading business(ifany)(SeeNotes4)                stockaccount,andholds20,942,645AsharesoftheCompanythrough
                                             stockaccountwithcredittransactionandguarantee,hold21,758,045
                                             sharesoftheCompany'sstocktotally.
                                              TheTenthlargestshareholderHarbinDaoliDistrictCharity
                                             Foundationholds80,187AsharesoftheCompanythroughAshares
                                             ordinarystockaccount,andholds13,650,606Asharesofthe
                                             Companythroughstockaccountwithcredittransactionand
                                             guarantee,hold13,730,793sharesoftheCompany'sstocktotally.
    
    
    IV. Change of the controlling shareholder or the actual controller
    
    Change of the controlling shareholder in the reporting period
    
    □ Applicable √ Not Applicable
    
    There was no any change of the controlling shareholder of the Company in the reporting period.
    
    Change of the actual controller in the reporting period
    
    □ Applicable √ Not applicable
    
    There was no any change of the actual controller of the Company in the reporting period.
    
    5.Number of preference shareholders and shareholdings of top 10 of them
    
    □ Applicable √ Not applicable
    
    No preference shareholders in the reporting period
    
    6.Corporate bonds
    
    Are there any corporate bonds publicly offered and listed on the stock exchange, which were undue before the
    
    approval date of this report or were due but could not be redeemed in full?
    
    Yes
    
    1.Basic information of corporate bonds
    
            Bondname         Bondshortname   Bondcode       Dueday      Bondbalance(ten  Interestrate
                                                                       thousand)
    2012CorporatebondsofGuangdongElectric
    PowerDevelopmentCo.,Ltd..     12YudeanBond  112162.SZ     March17,2020            4,030.65     4.95%
    
    
    (2) As at the end of the reporting period , the company's major financial indicators
    
    Ten thousands
    
             Items          Asattheendofthereporting    Asattheendoflastyear         YoY+/-(%)
                                   period
    Debt ratio                               55.92%                 57.02%                 -1.10%
             Items              Reportingperiod        Sameperiodoflastyear         YoY+/-(%)
    EBITDAinterestcoverageratio                   2.41                   2.56                 -5.86%
    
    
    III. Performance discussion & analysis
    
    1.Performance Review for Reporting period
    
    Is the company subject to any disclosure requirements for special industries?
    
    No
    
    In the first half of 2019,the total electricity consumption of Guangdong Province was 302.61 billion kWh, a YOY
    
    increase of 6%, the growth rate dropped by 6% compared with the same period of last year. The annual output of
    
    West-area Power to Guangdong reached 91.85 billion kWh-over-delivering 22.57 billion kWh, an increase of
    
    20.7%.Affected by the YOY growth of 20.7% from Western Power supply, the 28% growth of nuclear power (new
    
    installed capacity of nuclear power of 2.84 million kilowatts) and the province's hydropower units, the on-grid
    
    power of Gangdong's unified management for core-fired power units declined by nearly 15%, the Company's
    
    on-grid power of the core-fired power units also fell by 13.65% YOY. In the first half of 2019, The Company
    
    completed the on-grid power supply of 31.523 billion kWh, down 13.18% YOY; the average utilization hours of
    
    holding coal-fired units was 1,824 hours, down 390 hours YOY; the average utilization hours of gas-fired units
    
    was 1,984 hours, an increase of 324 hours; the average utilization hours of wind turbines was 1,136 hours, an
    
    increase of 311 hours YOY.
    
    In 2019, the scale of marketization transaction in Guangdong Province continued to expand, with the total volume
    
    reached 200 billion kWh (an increase of 27% over 2018). According to the data released by the Guangdong
    
    Electric Power Trading Center, the 2019 annual bilateral negotiation transaction volume organized by the
    
    Guangdong Electric Power Trading Center was 118.9 billion kWh, and the average transaction price difference
    
    was -4.509 Cent(RMB)/kWh. In the first half of 2019, the monthly concentrated bidding transaction power was
    
    27.211 billion kWh, and the average clearing spread was -3.2 Cent(RMB)/kWh. In 2019, the Company's
    
    budgetary on-grid electricity was 70.981 billion kWh, of which the base electricity was 21.12 billion kWh,
    
    accounting for about 30%; the annual long-term contracted was 35.66 billion kWh, accounting for about 50%; the
    
    rest was monthly bidding volume, accounting for about 20%. In the first half of 2019, the average selling price of
    
    the Company's consolidated statements was 459.74 yuan / thousand kWh (excluding tax), an increase of 20.16
    
    yuan / thousand kWh.
    
    In the first half of 2019, by the comprehensive impact of the year-on-year decline in the price of coal, the dividend
    
    from the implementation of tax reduction and fee reduction policy and the Company's effective control of various
    
    costs and expenses, the Company's profit went up YOY. As of June 2019, the total assets of the Company's
    
    consolidated statements were 72.888 billion yuan, a decrease of 0.6% from the beginning of the year, and the
    
    equity attributable to shareholders of the parent company was 24.551 billion yuan, an increase of 1.34% over the
    
    beginning of the year. The company achieved a consolidated statement operating income of 12.874 billion yuan,
    
    down 7.35% year-on-year; the net profit attributable to shareholders of the parent company was 582 million yuan,
    
    an increase of 29.57%; the earnings per share was 0.1108 yuan. The total liabilities in the Company's consolidated
    
    statement were 40.758 billion yuan and the asset-liability ratio was 55.92%.
    
    In the first half of 2019, the #6 machine of Huizhou Natural Gas Power Generation Project, which was controlled
    
    by the Company, was put into commercial operation, increasing the controllable installed capacity of 460,000
    
    kilowatts. As of June 2019, the Company's controllable installed capacity was 21.42 million kilowatts, of which:
    
    the controllable installed capacity of coal-fired power was 17.14 million kilowatts, accounting for 80.03%; the
    
    controllable installed capacity of gas-power was 3.72 million kilowatts, accounting for 17.37%; the controllable
    
    installed capacity of wind power, hydropower and other renewable energy power was 560,000 kilowatts,
    
    accounting for 2.60%.
    
    2.Maters related to financial report
    
    (1) Reason for changes in accounting policies, accounting estimates and accounting methods as compared to the
    
    financial report for the prior year
    
    √Applicable □ Not applicable
    
    Since January 1, 2019, the company has adjusted the depreciation period of fixed assets of Shajiao A Power Plant.
    
    The net profit attributable to the parent company is expected to decrease by about 174 million yuan in 2019, and
    
    49 million yuan annually from 2020 to 2023, and the owners' equity attributable to the parent company is
    
    expected to decrease by about 174 million yuan in 2019 and 49 million yuan annually from 2020 to 2023.
    
    The above matters is available as Announcement No. 2019-03 released by China Securities Journal, Securities
    
    Times, as well as http://www.cninfo.com.cn on the date of January 26,2019,2019.
    
    2. According to the Ministry of Finance's Notice on Revising and Issuing the Format of Financial Statements for
    
    General Enterprises in 2018 (CK [2018] No.15) and notices on the relevant accounting standards for new
    
    financial instruments, the company's accounting policies will be changed. The above matters is available as
    
    Announcement No. 2019-18 released by China Securities Journal, Securities Times, as well as
    
    http://www.cninfo.com.cn on the date of April 12,2019.
    
    (2) Reason for retrospective restatement to correct major accounting errors during the reporting period
    
    □ Applicable √ Not applicable
    
    No such cases in the reporting period.
    
    (3) Reason for changes in scope of the consolidated financial statements as compared to the financial report for
    
    the prior year
    
    √ Applicable □Not applicable
    
    New Subsidiary Establishment of the Year
    
            Name         Businessplace    Registeredaddress     Nature    Registered   Proportion   Acquired
                                                                 capital       (%)
     GuangdongYudean        Dongguan,       Dongguan,       Electric
     BinhaiBayEnergyCo.,     Guangdong       Guangdong       Power     30,000,000     100%  Establish
     Ltd.
    
    
    The Board of Directors of Guangdong Electric Power Development Co., Ltd.
    
    Chairman of the board: Wang Jin
    
    August 31,2019

关闭