Shougang Fushan Resources Group Limited · HKEX:639
Shougang Fushan Resources — FY2023 Earnings Presentation
10 slides from Shougang Fushan Resources's earnings presentation, Mar 27, 2024
Slide 1: 2023 Annual Results
20 23 全年业绩发布 Annual Results 首鋼福山資源集團有限公司 SHOUGANG FUSHAN RESOURCES GROUP LIMITED Stock Code 股份代號 : 639
Slide 2: Disclaimer
Disclaimer This document has been prepared by Shougang Fushan Resources Group Limited (abbreviated as “Shougang Resources” or the “Company”) for the sole purpose of briefing by the Company, and copying and delivery to others are strictly prohibited. Since the dissemination of this document within th
Slide 3: 2023 Annual Results Highlights
Revenue 5.89 Attributable Profit 28% billion HKD 1.89 30% billion HKD Basic EPS • Affected by a 4.6% decrease 37.66 in the average exchange rate 2023 of the RMB HK cents Gross Profit Margin 59 % Annual Dividend 28 HK cents per share Payout Ratio 3 Dividend Yield 75 % Reduce Costs and Increase Effi
Slide 4: Market Drop First then Rebound, Tracing a V-shaped
Market Drop First then Rebound, Tracing a V-shaped ⚫ Coal price tracing a V-shaped trend in 2023. Strict safety Benchmark vs Company's Clean Coking Coal inspections limited coal production in Shanxi, driving coal Realised Average Price prices back to the high levels seen at the beginning of the year
Slide 5: Extend the Xingwu Upper Seam's Mine Life, Achieved the ROM Capacity Again
Extend the Xingwu Upper Seam’s Mine Life, Achieved the ROM Capacity Again Raw and Clean Coking Coal Output Clean Coking Coal Sales Volume (million tonnes) (million tonnes) 0.002 0.146 5.25 5.25 3.32 3.10 3.23 3.25 2022 2023 2022 2023 Raw Coking Coal Clean Coking Coal By the end of 2023, there were a
Slide 6: Strict Cost Control, Prioritise Efficiency
Strict Cost Control, Prioritise Efficiency ⚫ Shougang Resources continuously promotes cost reduction and Raw Coking Coal Production Cost efficiency enhancement. Cash production cost per tonne of raw (RMB/tonne) coking coal (excl. resource taxes and related) decreased by 5% 76 with the same level of
Slide 7: Deepen Customer Relationships Continuous Returns to Shareholders
Deepen Customer Relationships Continuous Returns to Shareholders Sustained High Dividend Payout Customers remain stable Dividend (HK cents/ Share) Others 28 32 18 15 10 Xiangzerui Trading 8 2021 2022 2023 Hongan Coking Interim Dividend Final Dividend Share Buyback Demonstrates Confidence • Shougang
Slide 8: Consolidate Production Safety, Prioritise Safety Work
Consolidate Production Safety, Prioritise Safety Work 3 mine managers committed the "Production Safety Responsibility Statement 2024" 0 2023 Keep Workplace Safety-related Casualties Conduct regular safety inspections and training to enhance awareness and ensure production safety A knowledge competit
Slide 9: Technology Leads the Development of New Quality Productive Forces
Technology Leads the Development of New Quality Productive Forces The company has made consistent progress in advancing intelligence. Currently, the main underground transportation system has achieved centralized control, regular positions have achieved unmanned operation, mining operations have ach
Slide 10: Investor/Media Enquiry
Investor/Media Enquiry Tel: +852 2586 0839 Email: ir@shougang-resources.com.hk 27 March 2024
Shougang Fushan Resources Group — FY2023 Earnings Presentation on 6ix