SPC(002573)2024-04-29 17:12Financial Performance - The company's operating revenue for 2023 was approximately ¥8.61 billion, representing a 7.25% increase compared to ¥8.03 billion in 2022[19]. - The net profit attributable to shareholders for 2023 was approximately ¥127.37 million, a decrease of 71.55% from ¥447.66 million in 2022[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥44.88 million, down 89.02% from ¥408.58 million in 2022[19]. - The net cash flow from operating activities for 2023 was approximately ¥876.95 million, a decline of 16.79% compared to ¥1.05 billion in 2022[19]. - The basic earnings per share for 2023 was ¥0.0892, a decrease of 72.03% from ¥0.3189 in 2022[19]. - The diluted earnings per share for 2023 was ¥0.0892, down 71.96% from ¥0.3181 in 2022[19]. - The total assets at the end of 2023 were approximately ¥24.56 billion, an increase of 3.73% from ¥23.68 billion at the end of 2022[20]. - The net assets attributable to shareholders at the end of 2023 were approximately ¥6.40 billion, a slight decrease of 0.11% from ¥6.41 billion at the end of 2022[20]. - The weighted average return on net assets for 2023 was 1.99%, down 5.14% from 7.13% in 2022[20]. Revenue Breakdown - Total revenue for the fourth quarter reached ¥2,634,520,993.78, showing a significant increase compared to the second quarter's ¥1,560,292,071.03[23]. - The ecological sector accounted for 59.76% of total revenue, with 17 operational projects and a total installed capacity of 15.22 GW in the atmospheric sector[71]. - The revenue from the ecological water sector was CNY 2,400,599,295.21, with a gross profit margin of 36.14%, reflecting a year-on-year increase of 2.52%[79]. - The resource utilization sector contributed 33.11% to total revenue, with hazardous waste disposal volumes exceeding 150,000 tons in Xinjiang and over 160,000 tons in Anhui[72]. - The company reported a significant increase in revenue from resource utilization, which reached CNY 2,851,965,600.06, up 19.66% year-on-year[79]. Cash Flow and Investments - The net cash flow from operating activities decreased by 16.79% to ¥876,945,614.31 compared to the previous year[94]. - Investment cash inflow dropped by 69.92% to ¥142,250,135.08, while investment cash outflow decreased by 28.30% to ¥1,251,230,519.97[94]. - The total investment amount for the reporting period was approximately CNY 1,237.09 million, a decrease of 44.68% compared to the previous year's investment of CNY 2,236.35 million[108]. - The company raised a total of CNY 1,579.99 million through a non-public offering of 322,448,979 shares at a price of CNY 4.90 per share, with a net amount of CNY 1,573.61 million after expenses[114]. Research and Development - Research and development investment reached CNY 318 million, focusing on scientific research projects, laboratory construction, and industrial demonstration[74]. - The company has obtained 867 patents, including 129 invention patents, 713 utility model patents, and 22 design patents, along with 372 software copyrights[59]. - The company is focusing on technological innovation, particularly in upgrading SPC-3D technology and optimizing core equipment, with a goal of achieving phased results in key technology upgrades[127]. - The company is developing a smart control platform for flue gas treatment systems in collaboration with Kunlun Zhizhi, indicating a focus on technological advancement[48]. Environmental Initiatives - The company is positioned to benefit from the ongoing environmental policies and regulations aimed at promoting green development and reducing carbon emissions[29]. - The wastewater treatment industry is projected to see significant advancements in energy efficiency and carbon reduction capabilities by 2025, driven by supportive policies[33]. - The company anticipates long-term demand for carbon reduction and pollution control solutions as part of the national dual carbon goals[31]. - The company is focusing on low-carbon technologies and energy efficiency improvements in industries such as power, steel, and petrochemicals, in line with national carbon neutrality goals[49]. Corporate Governance and Management - The company has established an independent financial department with a separate accounting system and financial management policies, ensuring no shareholder interference in investment and fund usage[142]. - The company has a total of 822.3 million shares held by the president, with no changes reported during the period[144]. - The company has appointed new independent directors and supervisors, ensuring a diverse and experienced leadership team[144]. - The company has a total of 6,556 employees, with 1,020 in the parent company and 5,536 in major subsidiaries[174]. Shareholder Returns - The total cash dividend distributed to shareholders is 143,397,607.90 CNY, which is 100% of the profit distribution total[179]. - The cash dividend per 10 shares is set at 1 CNY (including tax), based on a total share capital of 1,433,976,079 shares[182]. - The company did not propose any stock dividends or capital reserve transfers during this reporting period[182]. Future Outlook - The company plans to focus on the "industrial + municipal" sector, aiming to enhance its core business and expand its market presence in regions like Sichuan-Chongqing and the Guangdong-Hong Kong-Macau Greater Bay Area[125]. - The company anticipates that the green low-carbon service market will expand significantly, providing ample opportunities for growth in the coming years[124]. - The financial outlook for the upcoming year remains positive, with expectations for continued growth in revenue and profitability[145].