China Yangtze Power Co.,
Ltd.
Announcement on Financial
preannouncement of 2023
This announcement contains the English translation of the
Chinese version of China Yangtze Power Co.,Ltd. Announcement
on Electricity Generation in 2023 as published on the website
of the Shanghai Stock Exchange, and is provided for your reference
only. In case of discrepancy between the Chinese version and the
English version, the Chinese version shall
prevail.
The key financial data for the year
2023 contained in this Announcement is preliminary accounting data
and has not been audited by an accounting firm. The specific data
is subject to the data disclosed in the Company's 2023 annual
report. Thus, investors are advised to pay attention to investment
risks.
I. Key Financial Data and Indicators
for the year of 2023
Unit: RMB
100 million
|
Items
|
2023
|
2022
|
Range of Increase/Decrease
(%) (After adjustment)
|
|
Before adjustment
|
After adjustment
|
|
Total operating revenue
|
780.62
|
520.60
|
688.63
|
13.36
|
|
Operating profit
|
331.92
|
269.36
|
303.88
|
9.23
|
|
Total profit
|
323.69
|
263.13
|
297.66
|
8.75
|
|
Net profit attributable to
shareholders of the listed company
|
273.89
|
213.09
|
237.26
|
15.44
|
|
Net profit attributable to
shareholders of the Listed Company net of extraordinary gains and
losses
|
276.40
|
213.92
|
213.92
|
29.21
|
|
Basic earnings per share
(RMB)
|
1.1194
|
0.9370
|
0.9697
|
15.44
|
|
Weighted average return on
equity
|
13.52%
|
11.73%
|
9.32%
|
Increase
4.20 percentage points
|
|
Items
|
31
December, 2023
|
31
December, 2022
|
Range of Increase/Decrease
(%)
(After adjustment)
|
|
Before adjustment
|
After
adjustment
|
|
Total assets
|
5,716.34
|
3,272.68
|
5,784.54
|
-1.18
|
|
Owners' equity attributable
to shareholders of the Listed Company
|
2,028.11
|
1,854.88
|
2,276.73
|
-10.92
|
|
Equity (100 million
shares)
|
244.68
|
227.42
|
227.42
|
7.59
|
|
Net assets per share
attributable to shareholders of the Listed Company (RMB)
|
8.29
|
8.16
|
10.01
|
-17.21
|
Note: Business combinations under common control
happened during the reporting period, and the financial data of the
comparative periods has been retrospectively adjusted
accordingly.
II. Statement of Operating
Performance and Financial Position
In 2023, the Company realised total
profit of RMB 32.369 billion, made an increase of RMB 2.604
billion, and 8.75% year-on-year growth. The net profit attributable
to shareholders of listed companies was RMB 27.389 billion, made an
increase of RMB 3.663 billion, and 15.44% year-on-year growth. The
basic EPS was RMB 1.1194 per share, made an increase of RMB 0.1497
per share, and 15.44% year-on-year growth. The increase was mainly
due to the year-on-year increase of 14.015 billion kWh in power
generation from the Company's six staircase power stations in
2023.
III. Risk Warning
The key financial data for 2023
contained in this Announcement are preliminary accounting data,
which may differ from the data disclosed in the Company's 2023
Annual Report because they have not been audited by the accounting
firm. As of the disclosure date of this Announcement, the
shareholding company of the Company accounted by the equity method
is still in the process of audit, and the Company will adjust the
investment income accordingly according to the audited data of the
shareholding company. Investors are advised to pay attention to
investment risks.
It is hereby announced.
Board of
Directors of China Yangtze Power Co., Ltd.
30
January, 2024
