全年業績符合市場預期
回顧 2021 年度，信義能源收入按年上升 33.4%至 22.966 億（港元．下同）。股東應
佔年內溢利增 33.7%至 12.323 億元，與市場預期的 12.61 億元相若。每股基本盈利為
17.33 仙，較 2020 年同期大幅增加 28.9%。每股 10.0 仙的末期股息，佔可供分派收入
的 99.5%；全年股息 17.4 仙，符合市場預期。
公司的收益主要來自兩個核心業務，分別為（1）太陽能發電及（2）太陽能發電場經
營及管理服務的服務費收入。前者包括電力銷售及電價調整（實際為公司的太陽能發
電場業務根據政府補助太陽能政策而就售予客戶電力已收及應收的金額），貢獻的收
入分別按年增加 55.8%至 10.684 億元（佔總收入 46.5%）及 18.6%至 12.182 億元（佔
總收入 53.0%）。後者，來自太陽能發電場經營及管理服務收入 1005 萬（佔總收入
0.4%）。

2021 results in line with consensus
During 2021FY, the consolidated revenue of Xinyi Energy recorded an increase of 33.4% YoY
to HK$2,296.6 million. Profit for the year attributable to the equity holders surged by 33.7%
to HK$1,232.3 million. Basic earnings per share amounted to 17.33 HK cents, a growth of
28.9% YoY. With a final dividend of 10.0 HK cents per share, it represents 99.5% of the
distributable income. The full year dividend of 17.4 cents was in line with market consensus.
The Group’s revenue was mainly derived from two core businesses, namely, (1) solar power
electricity generation and (2) service fee income from the provision of the solar farm
operation and management services. The former includes Sales of electricity and Tariff
adjustment (represents amount received and receivable from the sales of electricity to the
customer pursuant to the government policy on subsidies of solar energy in respect of the
Solar Farm Business). Revenue contributed by the sales of electricity and the tariff
adjustment significantly increased by 55.8% YoY to HK$1,068.4 million (46.5% of total
revenue) and 18.6% YoY to HK$1,218.2 million (53.0% of total revenue) respectively. The
Group recorded HK$10.0 million from the solar farm operation and management services
rendered for the 2021FY, which represented for 0.4% of the total revenue.