SHTD(SH:600647)2014-03-03 16:00Financial Performance - The basic earnings per share for 2013 was CNY 0.2416, representing a 52.62% increase compared to CNY 0.1583 in 2012[26]. - The diluted earnings per share for 2013 was also CNY 0.2416, reflecting the same 52.62% growth from the previous year[26]. - The weighted average return on net assets increased to 16.39% in 2013, up by 4.21 percentage points from 12.18% in 2012[26]. - The net profit attributable to shareholders of the listed company was RMB 33.62 million, a 52.57% increase compared to RMB 22.03 million in 2012[34]. - The total revenue for 2013 was CNY 252,915,803.83, a slight increase from CNY 250,765,717.91 in the previous year, representing a growth of approximately 0.46%[126]. - The total profit for 2013 was CNY 60,654,921.67, down from CNY 62,193,291.34 in the previous year, showing a decrease of about 2.5%[130]. - The net profit for 2013 reached CNY 47,469,762.84, compared to CNY 45,396,134.69 in the previous year, indicating an increase of about 4.6%[130]. - The total comprehensive income for 2013 was CNY 47,530,132.96, compared to CNY 45,396,134.69 in the previous year, indicating an increase of about 4.7%[130]. Cash Flow and Assets - The net cash flow from operating activities increased by 80.40% to RMB 81.13 million, up from RMB 44.97 million in 2012[28]. - Cash and cash equivalents increased by 243.36% to CNY 130,899,406.62, representing 28.09% of total assets[47]. - The total assets at the end of 2013 were RMB 466.01 million, reflecting a 6.63% increase from RMB 437.03 million at the end of 2012[28]. - The company's net assets attributable to shareholders increased by 13.93% to RMB 218.55 million compared to RMB 191.83 million at the end of 2012[28]. - The cash flow from operating activities for 2013 was CNY 81,128,239.47, an increase from CNY 44,971,530.42 in the previous year, representing a growth of approximately 80.5%[133]. - The ending balance of cash and cash equivalents reached 123,489,776.69 RMB, significantly up from 34,478,925.49 RMB at the beginning of the period[136]. Dividends and Profit Distribution - The net profit distribution plan proposed a cash dividend of CNY 0.73 per 10 shares, totaling CNY 10,157,479.15 to be distributed to shareholders[7]. - The profit distribution plan for 2013 includes a cash dividend based on a total of 139,143,550 shares[57]. - The company distributed a cash dividend of 0.73 RMB per 10 shares, totaling 10,157,479.15 RMB, which represents 30.22% of the net profit attributable to shareholders for the year[58]. - The cumulative cash distribution over the last three years accounted for 67.13% of the average distributable profit during that period[58]. Business Operations and Strategy - The company’s main business includes high-tech industry investment, asset management, and food and beverage production and sales[22]. - The company plans to continue expanding its new business and investment efforts to ensure sustainable profitability and healthy development[34]. - The company plans to achieve a revenue target of no less than CNY 22,313,000 in 2014[54]. - The company is focused on asset management and real estate finance as part of its comprehensive investment strategy[70]. - The future development strategy emphasizes reliance on the management of non-performing assets and asset restructuring[70]. Risk Management and Governance - The company aims to enhance core competitiveness through team building and risk management[56]. - The company anticipates market risks due to slowing economic growth in China and uncertainties in the global economy[56]. - The company has established strong relationships with its shareholders, as evidenced by the roles of its board members in related investment firms[84]. - The company has a clear governance structure, ensuring accountability and transparency in its operations[76]. - The company has implemented a training program to enhance employees' capabilities and promote overall development[89]. Internal Controls and Compliance - The company has established a comprehensive internal control system to prevent issues at an early stage and ensure compliance with laws and regulations[98]. - The internal control system is designed to ensure compliance, asset security, and the authenticity of financial reporting, with a focus on improving management efficiency[107]. - The annual financial report received a standard unqualified audit opinion from Ruihua Certified Public Accountants[112]. - The company has not identified any significant deficiencies in its internal control system by the end of the reporting period[109]. Shareholder Information - The total number of shareholders at the end of the reporting period was 8,974, an increase from 8,709 prior to the annual report disclosure[68]. - The largest shareholder, Xinda Investment Co., Ltd., holds 40.68% of shares, amounting to 56,606,455 shares[68]. - The total number of shares increased from 107,033,500 to 139,143,550 due to the implementation of the 2012 profit distribution plan, which included a stock dividend of 3 shares for every 10 shares held[66]. Employee and Management Information - The company reported a total remuneration of 423.68 million yuan for its board members and senior management during the reporting period[76]. - The company has a strong management team with extensive experience in finance and investment, including positions at major financial institutions[79]. - The company has maintained stable leadership, with no changes in key management positions reported during the period[82]. - The company has 21 employees in the parent company and 44 employees in major subsidiaries, totaling 65 employees[87]. Financial Reporting and Accounting Policies - The company’s financial statements are prepared based on the going concern assumption and comply with the relevant accounting standards[149]. - The company adheres to the accounting policies and estimates as per the Chinese accounting standards, ensuring the integrity of financial reporting[151]. - The company recognizes minority interests and losses separately in the consolidated financial statements, ensuring accurate representation of net profit attributable to minority shareholders[159].