网宿科技(300017) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 reached ¥4,931,991,466.62, representing a 4.81% increase compared to ¥4,705,495,948.99 in 2023[21]. - Net profit attributable to shareholders for 2024 was ¥674,522,033.39, a 10.02% increase from ¥613,095,564.36 in 2023[21]. - The net profit after deducting non-recurring gains and losses was ¥519,879,320.70, up 27.46% from ¥407,883,718.87 in 2023[21]. - The company's cash flow from operating activities for 2024 was ¥869,176,606.44, a 9.79% increase from ¥791,705,758.75 in 2023[21]. - The total assets at the end of 2024 were ¥12,092,004,476.55, reflecting a 10.24% increase from ¥10,968,682,487.07 at the end of 2023[21]. - The basic earnings per share for 2024 was ¥0.28, a 12.00% increase from ¥0.25 in 2023[21]. - The net profit attributable to shareholders reached 67,452.20 million, reflecting a growth of 10.02% compared to the previous year[57]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 51,987.93 million, up 27.46% year-on-year[57]. - Total assets as of December 31, 2024, amounted to 1,209,200.45 million, representing a growth of 10.24% from the end of the previous year[57]. Dividend Distribution - The company plans to distribute a cash dividend of 2.5 RMB per 10 shares to all shareholders, based on a total share count of 2,444,069,777 shares after excluding repurchased shares[5]. - The company plans to distribute a cash dividend of ¥2.5 per 10 shares for the 2024 fiscal year, pending shareholder approval[64]. - The total number of shares eligible for the dividend distribution is 2,444,069,777 shares, with a cash dividend amounting to 611,017,444.25 CNY representing 100% of the distributable profit[180]. - The profit distribution plan was approved by the shareholders' meeting and implemented by the end of the reporting period[178]. Research and Development - Research and development investment for 2024 was ¥44,723,040, which is 9.07% of total revenue, indicating a commitment to innovation[59]. - The company’s R&D investment as a percentage of operating revenue was 9.07% in 2024, down from 9.72% in 2023[79]. - Research and development expenses for 2024 totaled 454,002,098.72 CNY, a decrease of 5.76% from 481,775,862.46 CNY in 2023[77]. - The company is focused on technological innovation, with key personnel like Huang Shalin serving as CTO, emphasizing the importance of R&D[156]. Market Expansion and Strategy - The company is actively exploring market expansion along the "Belt and Road" initiative, enhancing its global business capabilities[58]. - The company aims to enhance overseas market expansion by improving service performance and local team building in key regions[50]. - The company is focused on expanding its market presence and enhancing its product offerings through new technology development[1]. - The company plans to expand its market scale by increasing investments in the government and enterprise sectors and strengthening local sales teams in key overseas regions[113]. Risk Management - The company acknowledges potential risks in market, technology, management, new business development, and overseas operations, which are detailed in the management discussion section[6]. - The company emphasizes the importance of understanding the difference between future plans and actual profit forecasts, urging investors to be aware of investment risks[6]. - The company faces market risks due to policy regulations, market demand changes, competition, and increasing self-built capabilities of major clients[115]. - The company is aware of overseas business risks influenced by international political and economic factors and is committed to compliance with local laws[120]. Governance and Compliance - The company’s financial report has been confirmed as true, accurate, and complete by its board of directors and management[5]. - The governance structure has been optimized, with updates to key internal regulations to improve operational standards[127]. - The company has established a transparent information disclosure system, ensuring timely and accurate communication with stakeholders[140]. - The company has a structured governance framework with clear roles and responsibilities among the shareholders' meeting, board of directors, and supervisory board[134]. Security and Technology - The company integrates DDoS defense, bot protection, API security, and WAF capabilities into its cloud security products, enhancing overall security for enterprises[35]. - The company has achieved significant progress in liquid cooling technology and solutions through its subsidiary, Green Cloud Map, in response to increasing demands for energy-efficient data centers[33]. - The company is transitioning its CDN platform towards edge computing to meet the increasing demands of high bandwidth and low latency applications[31]. - The company has established a global intelligent service network through partnerships with quality operators across Asia, North America, South America, Europe, Oceania, and Africa[37]. Human Resources - The total number of employees at the end of the reporting period was 1,608, with 703 in the parent company and 905 in major subsidiaries[173]. - The company has 341 sales personnel and 981 R&D and technical service personnel, indicating a strong focus on technical expertise[173]. - The company has implemented a revised incentive system for sales personnel to enhance motivation and retain core talent[174]. - The company has a total of 235 employees with a master's degree or higher, reflecting a strong educational background among its workforce[173]. Financial Management - The company is actively managing its cash flow and investment strategies to optimize financial performance[146]. - The company has established a financial derivative trading management system to mitigate risks associated with derivative trading[99]. - The company has not engaged in speculative derivative investments during the reporting period[100]. - The company has a clear policy to avoid speculative behavior in financial derivative trading, focusing solely on risk hedging[99].