Central China coal energy losses of over 2.5 billion last year for the first time since going public losses

China coal energy company limited listed in annual losses for the first time in 8 years, 2015 annual losses of 2.5 billion yuan.

China's second-largest listed company--the coal in coal enterprises in China coal energy company limited (601898. SH, hereinafter the "coal"), released on March 23, annual report, 2015 annual losses of 2.5 billion yuan, and this is the central listing annual loss for the first time in 8 years.

Reported coal revenues in the calendar year 2015 59.271 billion yuan, down 16.1%; net profits attributable to shareholders of the parent company-2.52 billion yuan, down by 428.7%.

Coal in the energy business is divided into four blocks: coal and coal chemical industry, coal mining equipment and other businesses. Among them, the coal-2.402 billion yuan in net profit, and coal chemical business is to achieve a net profit of 1.248 billion yuan.

China coal energy said 2015 is a very difficult year in China's coal industry. "The world economic situation is complex, international energy prices fell sharply, domestic economic growth continued to slow, serious imbalance in the supply and demand of coal, coal trade deficit continues to widen. Low coal prices continue to fall sharply, coal revenue declined sharply, leading to an operating loss. "However, as Yulin olefins, Türk fertilizer and cast a large project went into operation, such as production of methanol, coal chemical industry businesses become a new profit growth point.

Coal also disclosed in the annual report the year 2016 production plan. Coal in 2015, the company achieved 95.47 million tons of commercial coal, production for sale of 97.54 million tons of commercial coal, down slightly from earlier plans and in 2016, the company plans to produce coal production capacity of 80 million tons of goods, production cost coal unit sale merchandise and strive to control levels in 2015, revenue of 50 billion yuan, to loss to profitability.

Ice fire days, coal prices due to falling coal prices and the "crying", some power companies because of the low price "laugh".

Reported earnings on the same day of the Huaneng Power International (600011. SH, hereinafter "the Huaneng Power International") in 2015 for 13.786 billion yuan in net profit, an increase of 13.16%. Although current demand-side electricity consumption fell, but benefited from the price plunge, Huaneng Power international operating costs fell sharply, eventually achieving the growth in net profit.

Huaneng Power International's annual report shows that in 2015, the Huaneng Power international revenues of 128.9 billion yuan, down 7.94%. Starting in 2013, Huaneng Power International's revenues began to decline and increasing margins. 2013-2015, Huaneng Power international operating income declines, and 0.1%, and 7.94%, respectively.

Declining revenues, also has already begun a surplus are not unrelated. On China's economic development has entered a "new normal," a marked slowdown in economic growth, social power consumption also appears depressed. According to data from the National Energy Board in 2015, when the electricity consumption of the whole society is 5.55 trillion-kilowatt, an increase of 0.5%. But compared to 2014, electricity demand growth declined by 3.3%. China guodian Corporation Chairman Qiao Baoping on March 19, 2016, the China Development Forum held in Beijing, said excess capacity of the power plant is expected already in 20%.

In contrast to Huaneng Power international revenues decline, net profit increased five power generation groups of State power (600795) was not so good luck. Letters show its 2015 annual performance, operating income and net income both fell. 2015 guodian Group achieved operating income of 54.819 billion yuan, down 11.33%; net profit of 4.88 billion yuan, down to 29.81%.

(Editors: Pan Yi burn UN657)
2016-03-23 21:43:51
Surging

央企中煤能源去年亏损超25亿 为上市以来首次亏损

　　中国中煤能源股份有限公司上市8年以来首次出现的年度亏损，2015年亏损超25亿元。

　　中国第二大煤炭企业——中煤集团的上市公司中国中煤能源股份有限公司（601898.SH，下称“中煤能源”）3月23日发布年报，2015年亏损超25亿元，这是这家央企上市8年以来首次出现的年度亏损。

　　财报显示，2015年全年中煤实现营业收入592.71亿元，同比下降16.1%；归属于母公司股东的净利润为-25.20亿元，同比下降428.7%。

　　中煤能源业务主要分四块：煤炭、煤化工、煤矿装备和其他业务中。其中，煤炭业务净利润为-24.02亿元，而煤化工业务则实现了净利润12.48亿元。

　　中煤能源称，2015年是中国煤炭行业十分艰难的一年。“世界经济形势错综复杂，国际能源价格大幅下降，国内经济增速继续放缓，煤炭供需严重失衡，煤炭行业亏损面持续扩大。煤炭价格在低位继续大幅下跌，公司煤炭业务营业收入大幅下降，导致公司出现经营亏损。”但是，随着榆林烯烃、图克化肥和蒙大甲醇等项目顺利投产达产，煤化工业务成为公司新的利润增长点。

　　中煤还在年报中披露了2016年的减产计划。中煤表示，2015年，公司实现商品煤产量9547万吨，自产商品煤销量9754万吨，略低于年初计划；而在2016年，公司计划自产商品煤产销量8000万吨，自产商品煤单位销售成本力争控制在2015年水平，实现营业收入500亿元左右，力争减亏扭亏。

　　冰火两重天，煤企因煤价下跌而“哭”，但有些电企却因低煤价“笑”了。

　　同日公布财报的华能国际电力股份有限公司（600011.SH，下称“华能国际”）2015年净利润为137.86亿元，同比增长13.16%。虽然，当前需求端的用电量出现了下滑，但是得益于煤价的大跌，华能国际的营业成本大幅下降，最终还是实现了净利润的增长。

　　华能国际的年报显示，2015年，华能国际实现营业收入1289亿元，同比下滑7.94%。自2013年起，华能国际的营业收入开始出现下滑，且幅度越来越大。2013年-2015年，华能国际营业收入下滑分别是0.1%、6.3%、7.94%。

　　营收不断下滑，也于发电量已开始出现了过剩不无关系。目前中国经济发展进入了“新常态”，经济增速明显放缓，社会用电量也随之出现低迷。据国家能源局的数据，2015年全社会用电量为55500亿千瓦时，同比增长0.5%。但是与2014年相比，用电量增速下降了3.3%。中国国电集团公司董事长乔保平曾在3月19日北京举行的2016年中国发展高层论坛上称，预计发电企业的产能过剩已经在20%以上。

　　而相对于华能国际营收下降、净利润增加，五大发电集团中的国电电力（600795）就没有那么好运了。其2015年的年度业绩快报显示，营业收入和净利润均有所下滑。2015年国电集团实现营业收入548.19亿元，同比下滑11.33%；净利润为48.8亿元，同比下滑为29.81%。

(责任编辑：潘奕燃 UN657)
2016-03-23 21:43:51
澎湃