Fu Neng Shares (600483):2019 Net Profit Rose 18.42% To 1 Billion 244 Million Yuan To 10 Yuan 2.5 Yuan

In April 22nd, 600483.SH released the annual report of 2019, operating income of 9 billion 945 million yuan, an increase of 6.32% compared with the same period last year. Net profit attributable to shareholders of listed companies was 1 billion 244 million yuan, an increase of 18.42% over the same period last year; net profit attributable to shareholders of listed companies after deducting non recurring gains and losses was 1 billion 137 million yuan, an increase of 9.68% over the previous year; the basic earnings per share were 0.80 yuan; and every 10 shares were distributed cash. The bonus is 2.50 yuan (including tax).

The main business of the company is power and heat production and sales. As of the end of the reporting period, the company has 4 million 977 thousand kilowatts of installed capacity and 9 million 600 thousand tons of annual effective heating capacity. The company's power generation units are mainly composed of clean energy, such as wind, natural gas and solar energy, and energy-efficient cogeneration units. The proportion of clean energy generating units is 48.64%.

The company is mainly composed of clean energy and high efficiency energy saving heat and power cogeneration, especially the scale of renewable energy wind power business in Fujian province. By the end of 2019, the company had a total installed capacity of 4 million 977 thousand kilowatts, including 850 thousand kilowatts of wind power, 1 million 528 thousand kilowatts of natural gas, 1 million 236 thousand and 100 kilowatts of combined heat and power, 1 million 320 thousand kilowatts of pure coal-fired power generation and 42 thousand and 900 kilowatts of photovoltaic power.

In 2019, the total generating capacity of the company in Fujian was 12 billion 172 million kwh, accounting for 4.73% of the total electricity output in Fujian. Among them, the wind power generation capacity is 2 billion 167 million kwh, accounting for 24.83% of the wind power generation in Fujian Province, and 10 billion kilowatt hours of natural gas power generation and combined heat and power generation, accounting for 7.11% of the thermal power generation in Fujian.

In 2019, the total generating capacity of the company in Guizhou was 6 billion 856 million kwh, accounting for 3.22% of the total electricity output in Guizhou, accounting for 4.98% of the thermal power generating capacity in Guizhou.