科华数据(002335) - 2019 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2019 was CNY 3,869,308,154, representing a 12.58% increase compared to CNY 3,436,927,692 in 2018[23]. - The net profit attributable to shareholders for 2019 was CNY 602,071,638.78, a significant increase of 174.06% from CNY 197,463,418.84 in 2018[23]. - The basic earnings per share for 2019 was CNY 0.76, reflecting an increase of 181.48% compared to CNY 0.27 in 2018[23]. - The net cash flow from operating activities reached CNY 768,202,141.18, up 134.15% from CNY 328,082,212.25 in the previous year[23]. - The weighted average return on equity for 2019 was 6.44%, an increase from 2.22% in 2018[23]. - The company reported a net profit after deducting non-recurring gains and losses of CNY 172,229,454.82, which is a 362.32% increase from CNY 36,425,953.10 in 2018[23]. - The company reported a net profit attributable to shareholders for Q4 reached ¥74,036,552.25, with a total annual net profit of ¥207,364,987.78[29]. - Operating revenue for Q4 was ¥1,289,025,764.99, contributing to an annual total of ¥3,869,297,154.60[29]. - The net cash flow from operating activities in Q4 was ¥473,401,324.43, showing a significant recovery from a negative cash flow in Q1[29]. Dividend Policy - The company plans to distribute a cash dividend of CNY 6 per 10 shares to all shareholders based on a total share capital of 271,510,230 shares as of December 31, 2019[7]. - The cash dividend for 2019 represents 100% of the distributable profit, which is 333,064,418.58 RMB[111]. - The cash dividend payout ratio for 2019 is 78.64% of the net profit attributable to shareholders[110]. - The company has established a three-year shareholder return plan from 2018 to 2020, detailing specific conditions and ratios for profit distribution[107]. - The company has maintained a consistent cash dividend policy over the past three years, with cash dividends of 279,719,290 RMB in 2017 and 271,510,230 RMB in 2018[110]. - The company is in a growth phase and has significant capital expenditure plans, ensuring that cash dividends meet the minimum required ratio of 20%[111]. - The company has committed to distributing dividends in cash, stock, or a combination of both, with a minimum of 10% of the distributable profit allocated to cash dividends if conditions are met[115]. - The company plans to maintain a cash dividend ratio of at least 80% during profit distribution if it is in a mature stage without significant capital expenditure[120]. Business Operations and Strategy - The company has not reported any changes in its main business since its listing[21]. - The company plans to continue expanding its market presence and investing in new technologies and products[26]. - The company focuses on "smart energy ecosystem management" and emphasizes customer-centric strategies to enhance value creation[51]. - The company is committed to integrating technology and application scenarios to drive performance growth across its three main business areas[52]. - The company has established modern manufacturing bases in Zhangzhou, Xiamen, and Foshan, enhancing its supply chain and lean management capabilities[52]. - The company aims to leverage opportunities in new infrastructure development, particularly in 5G, big data, and charging stations, to enhance its market presence in key regions[98]. - The company intends to optimize organizational efficiency through refined management practices across product, supply chain, and financial management[99]. Research and Development - The company completed 96 new R&D projects in 2019, resulting in 238 patent applications, including 128 invention patents, and a total of 986 valid intellectual property rights by the end of the year[43]. - The company’s R&D investment amounted to approximately ¥273.66 million in 2019, a decrease of 4.81% compared to ¥287.48 million in 2018, representing 7.07% of total revenue[81]. - The number of R&D personnel decreased by 13.15% to 892 in 2019, accounting for 23.38% of the total workforce[81]. Market Presence - The company maintained its position as the leading domestic UPS brand in China, recognized for its product reliability and customer satisfaction, receiving multiple awards for excellence in the data center sector[44]. - The domestic market accounted for 93.82% of total revenue, amounting to ¥3,630,339,868.30, with a year-on-year growth of 12.34%[60]. - The company has established five large self-built data centers in major cities, with over 20,000 cabinets constructed, enhancing its operational capacity[1]. Financial Management - The company reported a financial expense increase of 35.45% to approximately ¥71.01 million, mainly due to increased interest expenses[76]. - The investment activities cash inflow decreased by 96.21% to ¥223.76 million, primarily due to a 99.15% drop in cash received from investment recoveries[85]. - The company’s total investment in 2019 was approximately ¥245.96 million, a decrease of 39.98% from ¥409.82 million in the previous year[90]. Shareholder Structure - The total number of shares for the cash dividend distribution is 271,510,230 shares[111]. - The total number of shareholders at the end of the reporting period was 21,570, a decrease from 25,569[181]. - The largest shareholder, Xiamen Kehua Weiye Co., Ltd., holds 86,143,249 shares, representing a significant portion of the company's equity[186]. - The actual controller, Chen Chenghui, has not changed during the reporting period, maintaining stability in leadership[190]. Compliance and Governance - The company ensures compliance with corporate governance standards and timely information disclosure to protect shareholder rights[161]. - The company has not faced any major litigation or arbitration matters during the reporting period[132]. - The company has not undergone any bankruptcy reorganization during the reporting period[131].