A few days ago, Yunnan Copper released a record table of investor relations activities, which mainly includes the following:
The main production and operation situation in 2021:
1. In 2021, the company produced 1.3473 million tons of cathode copper, an increase of 2.92 percent over the same period last year, 18.11 tons of gold, an increase of 7.19 percent, 675.61 tons of silver, an increase of 8.68 percent, and 4.63 million tons of sulfuric acid, a decrease of 0.6 percent.
2. In 2021, the company's operating income was 127.058 billion yuan, an increase of 38.819 billion yuan, or 43.99%, over the same period last year; the total profit realized was 1.655 billion yuan, an increase of 583 million yuan, or 54.43%, over the same period last year; and the net profit belonging to listed companies was 649 million yuan, an increase of 270 million yuan, or 71.0%, over the same period last year. At the end of the year, the company's total assets were 39.124 billion yuan, down 1.79% from the same period last year; net assets were 9.257 billion yuan, an increase of 12.91% over the same period last year; the asset-liability ratio decreased from 70.44% to 66.09%, down 4.35%, and the company's asset quality continued to consolidate.
3. In 2021, the company plans to pay cash dividends of 2 yuan (including tax) to all shareholders for every 10 shares, an increase of 100% over the same period last year.
About the mine: in 2021, the output of the company's mining enterprises has declined. Among them, the output of Diqing Nonferrous has decreased due to power outage and annual maintenance at the beginning of the year due to the influence of forest fire around the country. In 2022, the company will continue to do a good job in the stable production of the existing main mines by optimizing production scheduling and scientific dispatching.
On cost: the company gives full play to regional advantages, scientific and rational planning of smelting layout, has formed three major smelting bases. In recent years, the company through cost reduction, quality improvement and other measures to enhance the overall competitiveness, the current processing cost has a certain competitive advantage.
About future planning: the company's future planning mainly includes the following aspects: on the basis of operating existing mines and smelters, the first is to actively pay attention to high-quality resources projects and further carry out work in resource acquisition; the second is to consolidate the company's smelting advantages and further do refined copper smelting; the third is to plan the layout of recycled copper.
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