ultimatetexasholdemstrategy| The green "engine" continues to work hard. China Power Construction Group's net profit hits a record high in 2023
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On the evening of April 25, the 2023 annual report of China Power Construction was released, which showed that the company was stable and strong.UltimatetexasholdemstrategyThe momentum of growth. In 2023, China Power Construction achieved revenue of 6084 respectively.Ultimatetexasholdemstrategy.39 billion yuan and return net profit 129UltimatetexasholdemstrategyThe net profit target reached 0.88 billion yuan, with double-digit growth in a row.
The acceleration of energy clean and low-carbon transformation has played a significant growth engine role for the company. In recent years, China Power Construction has deeply promoted the strategic transformation and upgrading with new energy as the core, and achieved remarkable results. China Power Construction said that it will make full use of its advantages in the fields of traditional hydropower and new energy, seize the markets of pumped storage, photovoltaic, wind power, geothermal energy, biomass energy, hydrogen energy, energy storage and comprehensive energy, and actively participate in the construction of smart energy and smart power grids to promote the clean and low-carbon transformation of energy.
The main business indicators hit a new high
In 2023, the scale of China's power construction business has grown steadily, and the main indicators have reached a new high.
The core business project contracting and survey and design plate maintained steady growth. In 2023, the business segment achieved operating income of 550.56 billion yuan, an increase of 9.16% over the same period last year, accounting for 90.84% of the main business income. The growth of operating income and gross profit margin in this sector is mainly due to the company's continuous deepening of business transformation and upgrading, while consolidating the advantages of traditional business such as water conservancy and hydropower, the scale of new energy business such as solar power generation project contracting has expanded rapidly, and profitability has improved steadily.
The company's electric power investment and operation plate takes the new energy business as the bright spot. In 2023, China Power Construction will accelerate the promotion of power investment and operation business with wind power, solar photovoltaic power generation, hydropower and other clean energy as the core, and strive to promote the continuous green and low-carbon development of the business structure. The operating income of the new energy business reached 9.509 billion yuan for the whole year, an increase of 10.04% over the same period last year. By the end of 2023, clean energy accounted for 84.6% of the company's grid-connected installed capacity.
International business has stabilized and rebounded. In 2023, the company continued to promote the improvement of international business in both quantity and quality. in the whole year, the value of newly signed overseas contracts reached 215.173 billion yuan, an increase of 11.87% over the same period last year. The newly signed contracts for overseas new energy business ranked first among Chinese enterprises for six consecutive years, and the mining business grew rapidly. The operating income of international business reached 81.329 billion yuan, an increase of 8.69% over the same period last year, mainly due to the growth of overseas solar power generation and hydropower project contracting and survey and design business.
In 2023, the total amount of newly signed contracts for China Power Construction was 1.142844 trillion yuan, an increase of 13.24 percent over the same period last year, exceeding the total amount of newly signed contracts planned for the whole year (1.11 trillion yuan). By the end of the reporting period, China Power Construction's on-hand orders totaled 1.847442 trillion yuan, an increase of 17.88 percent over the same period last year.
Green energy plays an engine role.
In recent years, the field of energy and power has accelerated to green and low-carbon transformation, and the market is vast. In the sector of contracting, survey and design of power construction projects in China, the performance growth of energy and power business takes the lead. During the reporting period, the company signed new energy and power business contracts worth 616.774 billion yuan, an increase of 36.17% over the same period last year. Of this total, the newly signed contract for solar power generation is 279.897 billion yuan, up 44.54 percent over the same period last year; and the contract for pumped storage business is 78.051 billion yuan, up 220.61 percent over the same period last year.
China Power Construction Corporation proposed in its annual report that it will continue to optimize its energy and power business, make full use of the advantages of traditional hydropower and new energy, and seize the markets of pumped storage, photovoltaic, wind power, geothermal energy, biomass energy, hydrogen energy, energy storage and comprehensive energy, actively participate in the construction of smart energy and smart grid, promote the clean and low-carbon transformation of energy, and become the main force in promoting the realization of the "double carbon" goal.
Behind the bright-eyed report card, what are the "winning codes" of China Power Construction?
The layout of clean and low-carbon industry and the integration of the whole industry chain are significant advantages since the reorganization of the company. By giving full play to the advantages of the industrial chain and the ability of integrated services in the whole process of project construction, China Electric Power Construction Co., Ltd. has continuously upgraded to the middle and high end of the value chain on the basis of the integration of the industrial chain. we will speed up the construction of modern industrial chains such as offshore wind power, digital construction and new energy storage.
In addition, the company's core technology and industrial development advantages continue to enhance. China Power Construction is the initiator and promoter of hydropower and new energy industry. Since entering the "14th five-year Plan", the company has successfully built "Super portable battery"-Fengning pumping and Storage Power Station and the first strong typhoon offshore wind farm-Zhoushan Putuo offshore wind farm. On the basis of consolidating the technical capabilities of the traditional main business, the company has accelerated the development of innovation and strengthened the tackling of key core technologies, which has laid a solid technical foundation for new business, new business type and the development of new business models.
The digital transformation has entered a new stage
In the 2023 annual report, digital transformation has become a new bright spot of China Power Construction's annual operation: the company's scientific and technological innovation continues to make efforts, and the digital transformation has entered a new stage.
China Electric Power Construction has successively issued future industrial implementation plans and smart mine technology system construction plans, and worked out and completed the "42nd" source site implementation plan and soil remediation technology system construction plan. We will actively promote the construction of source areas and the task of the sailing plan, and actively promote the rapid enhancement of the core competitiveness of strategic emerging industries. The company has made new breakthroughs in tackling key problems in its core technology.
In addition, the company released China Electric Power Construction big data system implementation plan to speed up the improvement of data utilization capacity. The case of comprehensive digital transformation was selected into the first issue of Science and Technology Innovation dynamic State-owned Enterprise Digital Transformation Special issue of SASAC, and shared the experience at the meeting as a representative of the central enterprise. The company's "BIM Simulation system" was selected as one of the top ten digital technology achievements of state-owned enterprises by SASAC in 2023, "Water Environment risk Intelligent Prevention and Control platform" won the highest award of the World artificial Intelligence Conference, and "Intelligent Construction platform based on Yunbian Cooperation" was selected as a typical case of the Ministry of Industry and Information Technology.
In 2023, China Power Construction, with value-oriented and data as the core, continuously deepened the integration of "water, energy, city" business and digital technology, innovated the layout of the digital economy, and signed a total of 9.9 billion yuan of pure digital contracts. in the whole year, the contract value of new market projects exceeded 40 billion yuan, and the digital industry achieved new growth.
In recent years, the empowering and value-added role of digital technology has been fully demonstrated. Power Construction China stated that the company has deeply deployed intelligent construction, seized the strategic critical period of new generation scientific and technological revolution and new opportunities for industrial transformation, and aimed at digitalization, intelligence and practicality, promoted vertical integration of data and horizontal integration of services, and supported the "water, energy, and city" business forms are accelerating the upgrading. Self-developed digital achievements such as smart water, smart energy, smart mines, smart cities, and digital pumping storage have been applied in hundreds of project constructions, significantly shortening the construction period, reducing construction costs, improving construction quality, and leading the iterative development of the construction industry. Wen/Li Shiyi