Binhua recently released its 2022 annual report. During the reporting period, the company achieved operating income of 8,892,065,359.43 yuan, a year-on-year decrease of 4.06%; net profit attributable to shareholders of listed companies was 1,178,427,840.42 yuan, a year-on-year decrease of 27.52% %.
During the reporting period, the net cash flow from operating activities was 1,376,965,239.55 yuan, and the net assets attributable to shareholders of listed companies were 11,333,894,201.16 yuan.
The operating income in 2022 will decrease by 4.06% compared with the previous year, mainly due to the price fluctuation of the company's main products compared with the same period of the previous year, among which the price of propylene oxide decreased by 39.61% year-on-year, and the price of caustic soda increased by 62.20% year-on-year . In 2022, the operating cost will increase by 10.51% compared with the previous year, mainly due to the increase in raw material and energy prices.
The disclosure of the announcement shows that the profit distribution plan for the reporting period approved by the board of directors or the plan for converting public reserve funds into share capital: the profit distribution plan for 2022 is: the total share capital registered on the record date for the implementation of equity distribution, deducting the company's return The remaining shares after repurchasing the company's shares held by the special account are used as the base (the company's shares held by the company's repurchase special account will not participate in this profit distribution), and a cash dividend of 1.30 yuan (tax included) will be distributed to all shareholders for every 10 shares ). The actual total amount of cash dividends will be determined according to the number of shares that can participate in profit distribution on the equity registration date. If the total share capital of the company changes from the date when the board of directors deliberates and approves the profit distribution plan to the registration date for equity distribution, the company intends to maintain the distribution ratio per share and adjust the total distribution accordingly.
The company's total share capital is 2,058,036,276 shares. After deducting the 37,473,000 company shares held in the company's special account for repurchase, the total proposed cash dividend is 262,673,225.88 yuan (tax included), accounting for 2022. The proportion of shareholders' net profit is 22.29%. In 2022, the amount of cash dividends included in the repurchase of shares in cash is 99,997,073.36 yuan, accounting for 8.49% of the net profit attributable to shareholders of listed companies in 2022. Therefore, the total dividend amount for 2022 accounts for 30.78% of the net profit attributable to shareholders of listed companies in 2022.
The main business of Binhua Co., Ltd. is the production, processing and sales of organic and inorganic chemical products. The main products are caustic soda and propylene oxide. Caustic soda is widely used in light industry, chemical industry, textile, metallurgy, medicine, petroleum and other industries.