瑞达期货(002961) - 2020 Q4 - 年度财报

Financial Overview - The company reported a total registered capital of 445 million RMB[21]. - The net capital of the company stood at approximately 667 million RMB[21]. - The profit distribution plan approved by the board is to distribute a cash dividend of 2.7 RMB per 10 shares (including tax) to all shareholders[6]. - The company has a total of 445 million shares outstanding as of the report date[6]. - The company’s legal representative is Lin Zhibin, and the general manager is Ge Chang[21]. - The company is listed on the Shenzhen Stock Exchange under the stock code 002961[21]. - The company’s registered address is located at 169 Taipu East Road, Siming District, Xiamen[21]. - The company reported a net cash flow from operating activities of -¥31,895,574.40 in 2020, compared to -¥556,904,541.79 in 2019[59]. - The company's net capital decreased by 38.18% from ¥1,078.94 million in 2019 to ¥667.02 million in 2020[73]. - Net assets increased by 16.29% from ¥1,708.46 million in 2019 to ¥1,986.79 million in 2020[73]. Business Operations and Growth - The company has not changed its main business since its listing[26]. - The company engaged in futures brokerage, asset management, and risk management services, expanding its business scope[77]. - The establishment of a subsidiary for public fund management was approved in November 2020, enhancing the company's service offerings[78]. - The company plans to continue expanding its international business through its subsidiary in Hong Kong, providing 24/7 trading and risk management services[78]. - The company has established multiple branches across China, including locations in Shenzhen, Fujian, and Beijing, enhancing its market presence[41]. - The company has consistently increased its registered capital over the years, reflecting growth and investment in its operations[36][39]. - The transformation into a joint-stock company in 2012 marked a significant milestone in the company's corporate structure and governance[37]. - The capital increases and IPO activities indicate a strategic focus on expanding operational capacity and market reach[39]. Financial Performance - Total revenue for 2020 reached ¥1,341,991,035.93, representing a 41.08% increase compared to ¥951,251,523.00 in 2019[59]. - Net profit attributable to shareholders for 2020 was ¥248,842,249.21, up 105.98% from ¥120,810,930.92 in 2019[59]. - The company's total assets increased by 77.42% to ¥11,332,854,882.40 at the end of 2020, compared to ¥6,387,714,431.25 at the end of 2019[59]. - The total liabilities rose by 99.84% to ¥9,351,182,734.25 in 2020, up from ¥4,679,366,851.30 in 2019[59]. - Basic earnings per share increased by 93.10% to ¥0.56 in 2020, compared to ¥0.29 in 2019[59]. - The weighted average return on equity improved to 13.63% in 2020, up from 8.14% in 2019[59]. Risk Management - The company is subject to various risk factors including market risk, credit risk, operational risk, and liquidity risk[6]. - The company emphasizes the importance of understanding the differences between plans, forecasts, and commitments in its forward-looking statements[5]. - The company has been recognized for its compliance and risk management capabilities, achieving an A-class rating for four consecutive years from 2017 to 2020[107]. Market and Industry Trends - In 2020, the total trading volume of China's futures market reached 6.153 billion contracts, a year-on-year increase of 55.29%[83]. - The customer margin scale in the futures market reached 824.724 billion yuan by the end of 2020, an increase of 62.66% compared to the previous year[83]. - The futures market's share of global trading volume increased to 13.2% in 2020, up from 11.5% in 2019[83]. Investment and Capital Management - The company plans to enhance its service offerings by leveraging the smart data center and increasing investment in financial technology[118]. - The company intends to leverage the rapid development of the domestic futures market to attract institutional investors[134]. - The company plans to increase investment in risk management subsidiaries to meet funding needs and enhance service capabilities[126]. - The company plans to temporarily use idle raised funds to purchase low-risk, liquid wealth management products up to CNY 250,000,000[200]. Awards and Recognition - The company received multiple awards in 2020, including the "Best Futures Company" and "Best Risk Management Subsidiary Service Innovation Award" from the Futures Daily[95]. - The company has won 38 industry awards, including "Outstanding Asset Management Service Award" and "Best Asset Management Pioneer Award" by the end of 2020[102].