中国电力2025中期报告

(在香港註冊成立的有限責任公司)(股份代號:2380) 2025中期報告 低碳賦能 美好生活 股東及投資者參考資料 註冊辦事處及香港的主要營業地點 上市資料 18636301(852) 2802 3861(852) 2802 3922www.chinapower.hk •23802380HK2380.HK • 中期報告 目錄 2二零二五年中期表現概要4管理層討論及分析32企業管治41獨立審閱報告 42中期簡要綜合損益表43中期簡要綜合全面收益表44中期簡要綜合財務狀況表 46中期簡要綜合權益變動表48中期簡要綜合現金流量表49中期簡要綜合財務資料附註 183171712-1716(852) 2862 8628(852) 2865 0990 •(852) 2862 8555•chinapower.ecom@computershare.com.hk•w w w . c o m p u t e r s h a r e . c o m / h k / z h /online_feedback •(852) 2802 3861•ir@chinapower.hk•www.chinapower.hk 二零二五年中期表現概要 應佔利潤 總售電量 淨利潤 其他關鍵表現指標 業務回顧 4,841.83.70% 1,260 2,834,655,0002,802,197,0002,586,638,0002,569,879,0000.210.213.24 二零二五年下半年前景展望 136 5%–6%54 53,940.65,612.811.61%44,120.681.79%4.72 1,00070030024 146 30075300 200 20040 200 290220220從 173.23425SEC200010 1,200G110 ++ 3,591.1 30,0007,0002,000900600 總發電量 3.02%二零二五年64,826,202兆瓦時二零二四年66,842,047兆瓦時 62,536,5602.81% 23.02% 26.90%9.63% 14.67% 6.23% 3.52% 13,122,4221,703,67314.92%9,292,303100,3831.07%147,136,000144,966,0001.50% 10% •100%100% •7.09%12.43% 278.4226.61 410.6635.96 光伏發電 376.8023.92 373.4818.68 607.4227.61 環保發電 542.0419.72 •1,387434•1,12256•66573•2,46996 •1,871123 •3,087298 257,378,0001,270,608,00083.16%5,826,000 二零二五年上半年經營業績 4,611,209,00019,446,0000.42% 23,857,644,00026,471,527,0009.87% •400,102,000 •1,125,947,000 •2,069,120,000 •1,270,608,000 17,892,374,00020,289,101,00011.81% 2,072,400,00026.16% 234.5227414.41% 884,174,000 87,027,0001,244,753,00093.47% 146,201,0006.51% 157,600,00055.41% 7,611,019,0007,466,308,0001.94% 2,574,596,0002,575,678,0001,082,0000.04% 372,766,0005,902,0001.61% 133,044,00016,269,00013.93% 997,791,000120,742,00013.77% 0.05 50% 公平值計量且計入其他全面收益（「公平值計入其他全面收益」）的權益工具 4,960,145,0001.41%3,193,338,0001,766,807,000 12.90%12.90%A13,331,389,0004.14% 31,759,716,0000.40% 3(i)(ii)1.805.60 98,220,000417,502,000 重大收購及出售 35%36,693,510558,600,000595,293,5102,000 63%64.93% (1)(2)(3)28 報告期後事項 31%24,212,147285,820,000310,032,1471,320 流動資金、現金流量及資金來源 8,884,645,0006,073,616,00058,156,902,00051,638,373,00092,531,111,00093,182,359,0000.630.55 555590 90120 75.589.9 2,811,485,000527,712,000 •7,471,217,0005,422,743,000 •9,487,243,00014,055,098,000 •4,827,511,0009,160,067,000 債務 204,772,035,000197,360,970,00099% 63%64% 111.5110.3 資產減值 316,00081,622,000 重要融資 DFIDFI DFI(i)201.86%3(ii)201.70%3(iii)201.82%3 1041.90%240 股權激勵計劃 103,180,00058,665,2005,822,30052,842,9004,656,00011,523,000 資本性支出 8,748,761,00011,496,469,0008,172,126,0009,776,142,000440,715,0001,513,946,000 資產抵押 355,561,000632,581,0001,336,771,0001,546,617,00012,094,270,0009,576,998,00034,784,941,00031,911,780,000 或然負債 主要政策回顧 136136136 136394394394 1362.6 風險管理 910,288,000906,805,0000.44%0.46% 57,450,837,00050,774,060,000 社會與環境管治 1,60070,000+ QHSE 14,39414,241 20302060 IFRS S1IFRS S2TCFD2024TCFDESG ••• ESG 294.415.19 100%100%99.37%99.41%100%100%87.65%87.92% #10.68#1B0.4#1#2400 企業管治 C1C.1.5F.1.3 C.1.5 企業管治 F.1.357 董事的證券交易 C3 財務報告 41 風險管理及內部監控 投資者關係 www.hkexnews.hkwww.chinapower.hkwww.irasia.com/listco/hk/chinapowerwww.chinapower.hk 320 股權激勵計劃 (i)(ii)(iii) 8,531,100111,711,100103,180,00052,842,90058,665,2005,822,300 61,374,0008,531,10052,842,90012,370,150,9830.50% 18 最新的董事資料 13.51B(1) B.3.5 董事於證券的權益 571XVXV78352 主要股東的證券權益 336 (1)CPDLCPDL(2)(3)XV12,650,000618,508,000(4)CPDL 購買、出售或贖回本公司上巿證券 公眾持股量 25% Ernst & Young27/F, One Taikoo Place979 King’s RoadQuarry Bay, Hong Kong97927Tel:+852 2846 9888Fax:+852 2868 4432ey.com 引言 4286343434 審閱範圍 2410 結論 34 1.編製基準 (a) (b) (c)China Power Development LimitedCPDL (d)34 (e)436 •662(3)63 •406(2)407(2)(3) (f)27.1 (g) 2.主要會計政策 21 21 3.收入及分部資料 (a)(b)(c) 3.收入及分部資料 (a) 3.收入及分部資料 3.收入及分部資料 3.收入及分部資料 3.收入及分部資料 4.其他收入 5.其他收益及虧損，淨額 6.其他經營開支 7.經營利潤 8.財務收入及財務費用 29(b)29(b)24 9.所得稅支出 16.5%16.5% 7.5%12.5%15%20%7.5%12.5%15%20%25%25% 114,595,00096,292,00015,346,0006,525,000 15%15% 10.每股盈利 (a) 10.每股盈利 (b) 11.股息 0.1620.17540.1320.1455 12.資本性支出 8,748,761,00011,496,469,0007,915,474,00011,065,080,000 220511833,287,000577,188,000692,975,000197,669,000 355,561,000632,581,00020(d)22(c) 13.公平值計入其他全面收益的權益工具 98,220,000417,502,000 14.其他非流動資產 15.應收賬款 (a)9222,041,000 15.應收賬款 (b) 15306,677,308,0005,887,294,000 [2012]102 [2020]4[2020]5 15.應收賬款 (b) 3.13%3.58%57,114,00078,186,0005,042,00017,541,0008 (c)360360 (d)20(d)22(c)2312,094,270,0009,576,998,000 (e) 16.公平值計入其他全面收益的債務工具 3603601,063,000418,837,0002,882,000755,946,000286,562,0001,563,000 17.股本 12,370,150,983 18.股票期權計劃 72 4.9018,590,00033% 33% 33% 19.儲備 19.儲備 20.銀行借貸 (a) 20.銀行借貸 (b) (c) (d) 21.關聯方授予的借貸 (b)(c)(d) (e)(f)(g)(h)(b)(c)(d) (a) 21.關聯方授予的借貸 2.00%5.80%2.48%5.80% (c)2.05%3.03%2.30%4.27% (d)63,564,00066,346,00015(c)3.24%3.24%120,000,0002.55%2.62%4.50%3.22%4.50% (e)2.10%2.75%2.00%3.46% (f)2.11%2.40%2.40%3.46% 2.00% (h)1.75%3.10%1.75%4.35% 22.其他借貸 (a)(b)(c) (d)(a)(c) (a) (i)2,000,000,0001,50