同花顺(300033) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 reached ¥4,186,794,650.06, representing a 17.47% increase compared to ¥3,564,260,219.05 in 2023[14]. - Net profit attributable to shareholders increased by 30.00% to ¥1,823,266,690.03 in 2024 from ¥1,402,468,555.23 in 2023[14]. - The net profit after deducting non-recurring gains and losses was ¥1,764,896,337.92, up 28.93% from ¥1,368,922,316.80 in the previous year[14]. - Cash flow from operating activities improved significantly, totaling ¥2,315,506,812.27, a 45.46% increase from ¥1,591,901,414.82 in 2023[14]. - Basic earnings per share rose to ¥3.39, reflecting a 29.89% increase from ¥2.61 in the previous year[14]. - Total assets at the end of 2024 amounted to ¥10,976,501,567.53, an 11.49% increase from ¥9,844,860,690.35 at the end of 2023[14]. - The company's weighted average return on equity was 24.80%, up from 20.19% in 2023, indicating improved profitability[14]. - The company's total revenue for Q4 2023 reached ¥1,852,074,308.99, showing a significant increase compared to previous quarters[16]. - Net profit attributable to shareholders for Q4 2023 was ¥1,172,302,796.38, reflecting strong financial performance[16]. - The net cash flow from operating activities in Q4 2023 was ¥1,660,640,740.99, indicating robust cash generation capabilities[16]. Research and Development - The company has maintained over 25% of its total revenue in R&D expenses for the past three years, emphasizing its commitment to innovation[49]. - The company's R&D investment for 2024 amounted to ¥1,193,243,542.03, representing 28.50% of total revenue, a decrease from 33.09% in 2023[75]. - The company has completed 7 registrations for generative algorithms, positioning itself as a leader in AI model development within the industry[50]. - The company has accumulated 520 software copyrights and 114 invention patents, including 20 US patents, showcasing a significant technological advantage[37]. - The company is currently developing several AI-driven projects, including an intelligent trading system and an intelligent investment advisory platform, aimed at enhancing competitiveness in the financial services sector[74]. Market and Industry Trends - The software and information technology services industry in China saw a revenue growth of 10.0% in 2024, reaching ¥137,276 billion[23]. - The internet financial information service sector is experiencing rapid growth, driven by high-quality development in the securities market and technological innovation[24]. - The implementation of the stock issuance registration system in February 2024 presents new opportunities for the internet financial information service industry[25]. - Advances in AI technology, particularly in computational optimization, are lowering costs and expanding the application of large models in the financial sector[26]. - Government policies are actively promoting technological innovation and industry upgrades in the internet financial information service sector[27]. - The internet wealth management market is undergoing significant changes, with a focus on personalized financial analysis and investment solutions[28]. Corporate Governance - The board of directors consists of 9 members, including 3 independent directors, meeting the legal requirements[122]. - The company has established various committees under the board, with independent directors holding a majority in most committees[122]. - The company has a dedicated audit department reporting directly to the audit committee, ensuring effective internal control[128]. - The audit committee oversees the implementation of internal and external audit processes, enhancing governance standards[128]. - The company has established a performance evaluation system for senior management, linking their performance directly to compensation[124]. Shareholder Engagement and Dividends - The company plans to distribute a cash dividend of ¥30.00 per 10 shares, based on a total of 537,600,000 shares[3]. - The company distributed cash dividends of RMB 1,182,720,000 to shareholders, with a payout of RMB 22.00 per 10 shares based on a total share capital of 537,600,000 shares as of December 31, 2023[169]. - The total amount of cash dividends distributed accounted for 100% of the distributable profits, which amounted to RMB 6,672,686,655.49[172]. - The company emphasizes the importance of investor communication and transparency to enhance market perception and investor confidence[115]. Risk Management - The company is aware of potential risks from reduced industry demand due to macroeconomic factors affecting the securities market[102]. - The company has optimized internal control systems and compliance training, enhancing governance and risk management practices[42]. - The company is committed to maintaining compliance with regulatory requirements and strengthening communication with regulatory bodies to mitigate compliance risks[111]. Environmental and Social Responsibility - The company has invested significantly in environmental protection, enhancing its management level and ensuring compliance with national energy-saving and environmental protection requirements[179]. - The data processing center employs advanced energy-saving technologies, achieving an annual electricity saving of 290 MWh and reducing CO2 emissions by 280 tons[180]. - The company actively engages in social responsibility initiatives, leveraging its technology advantages in AI and big data to support employment and social welfare activities[180]. Talent Development - The company is committed to talent development through various training programs and partnerships with educational institutions, ensuring a strong talent pipeline for innovation[41]. - The total number of employees at the end of the reporting period is 5,093, with 62 from the parent company and 5,031 from major subsidiaries[165]. - The professional composition includes 1,837 sales and support personnel, 3,105 technical staff, 21 financial personnel, and 130 administrative and logistics staff[165].