On March 31, China Energy Engineering Co., Ltd. (Hereinafter referred to as the "Company") announced its annual report for 2022. According to the report, the value of newly signed contracts of the Company was RMB1,049.09 billion, representing a year-on-year increase of 20.2%; the operating income was RMB366.39 billion, representing a year-on-year increase of 13.7%; and the total profit was RMB13.68 billion, representing a year-on-year increase of 4.8%; Net profit amounted to RMB10.41 billion, representing a year-on-year increase of 8.4%. Net profit attributable to parent company amounted to RMB7.81 billion, representing a year-on-year increase of 20.1% . Among them, the net profit of China Gezhouba Group Co., Ltd. attributable to the owner of the parent company is 1.736 billion.
It is understood that the operating income of the industrial manufacturing business of the company mainly comes from the design, manufacture and sale of equipment used in various fields of the power industry, mainly including power station auxiliary equipment, power grid equipment, steel structure and energy-saving and environmental protection equipment, as well as from the production and sale of civil blasting and cement products. In 2022, the operating income was RMB 27.512 billion, a decrease of 2.61% over the same period last year, and the gross profit margin decreased by 6 percentage points over the same period last year, mainly due to the depression of the real estate industry and insufficient demand, the decline in cement prices , and the rise in the prices of raw materials such as coal. The profit margin of cement business has narrowed.
The company's building materials business fully implements the strategy of "environmental protection, related and high-end", and has a complete industrial chain of R & D and manufacturing, new building materials, environmental engineering, sand and gravel aggregates, commercial concrete services, logistics and distribution, and technical consultation. The affiliated cement company (referring to "China Gezhouba Group Cement Co., Ltd.") is one of the 60 large-scale cement enterprises (groups) supported by the state, the first batch of pilot demonstration enterprises for promoting energy conservation and emission reduction through integration of industrialization and industrialization in China, and has won the title of "Excellent Demonstration Enterprise for Green Development in China". In 2022, the output of cement is 23.594 million tons, with a year-on-year decrease of 7.3%; the output of clinker is 20.246 million tons, with a year-on-year decrease of 1.9%; the production and sales of commercial concrete is 1.572 million cubic meters, with a year-on-year increase of 11.1%; The output of sand and gravel aggregates was 4.07 million tons, down 1.8% year on year.
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