Financial Performance - For the year ending December 31, 2024, the group's revenue was approximately RMB 2,157.0 million, an increase of about RMB 91.5 million or approximately 4.4% compared to the same period in 2023[3]. - The group's gross profit for the year was approximately RMB 215.2 million, a decrease of about RMB 103.4 million or approximately 32.5% compared to the previous year[3]. - The net loss for the year was approximately RMB 1.5 million, a decrease of about RMB 46.7 million or approximately 103.3% compared to a net profit of RMB 45.2 million in 2023[3]. - Basic and diluted loss per share attributable to ordinary equity holders of the parent was approximately RMB 0.02, a decrease of about RMB 0.05 or approximately 166.7% compared to earnings of RMB 0.03 per share in 2023[3]. - The company reported a total comprehensive loss of approximately RMB 6.996 million for the year, compared to a total comprehensive income of RMB 51.1 million in 2023[4]. - The company reported a net loss of RMB 21,098,000 for the year, compared to a profit of RMB 29,061,000 in the previous year[12]. - The pre-tax profit for 2024 is RMB 376,000, a significant decrease from RMB 59,600,000 in 2023, reflecting a decline of approximately 99.37%[56]. - The total income tax expense for 2024 is RMB 1,862,000, down from RMB 14,407,000 in 2023, indicating a reduction of about 87.06%[56]. Dividends - The board proposed a final dividend of RMB 0.025 per ordinary share, subject to shareholder approval, bringing the total dividend for the year to RMB 0.055 per ordinary share if approved[3]. - The company declared an interim dividend of RMB 0.005 per share for 2024, compared to RMB 0.029 per share in 2023, representing a decrease of approximately 82.76%[57]. - The proposed final dividend for 2024 is RMB 0.025 per share, down from RMB 0.038 per share in 2023, which is a reduction of about 34.21%[57]. - The total amount of the proposed final dividend is approximately RMB 24.273 million, assuming approval at the upcoming annual general meeting[144]. Assets and Liabilities - Non-current assets totaled approximately RMB 1,945.1 million, a decrease from RMB 1,986.2 million in 2023[7]. - Current assets amounted to approximately RMB 1,562.3 million, an increase from RMB 1,467.5 million in 2023[7]. - Total liabilities were approximately RMB 1,554.4 million, with current liabilities at RMB 1,200.0 million, an increase from RMB 1,140.2 million in 2023[8]. - The company's total equity was approximately RMB 1,953.1 million, a decrease from RMB 2,054.8 million in 2023[8]. - The total liabilities as of December 31, 2024, were RMB 1,554,394,000, an increase from RMB 1,398,865,000 in 2023, representing a growth of approximately 11.1%[36]. - The asset-liability ratio as of December 31, 2024, is approximately 10.7%, down from 15.4% in 2023[126]. Cash Flow - The net cash flow from operating activities for the year ending December 31, 2024, was RMB 173,915,000, compared to RMB 46,179,000 in 2023[15]. - Cash and cash equivalents decreased by RMB 20,215,000 for the year ending December 31, 2024, with year-end cash and cash equivalents totaling RMB 266,789,000[16]. - The net cash inflow from operating activities for 2024 is approximately RMB 173.9 million, an increase of about RMB 127.7 million from RMB 46.2 million in 2023, driven by higher overall sales revenue and improved collection[120]. - The net cash outflow from investing activities for 2024 is approximately RMB 31.6 million, a decrease of about RMB 102.4 million compared to RMB 134 million in 2023, mainly due to the release of bank deposit guarantees[121]. Segment Performance - The company operates three reportable segments: Battery Materials, Dye and Agricultural Chemicals Intermediates, and Pigment Intermediates and New Materials[33]. - The battery materials segment generated revenue of RMB 753,960,000 in 2024, compared to RMB 498,646,000 in 2023, reflecting a significant increase of approximately 51.2%[36]. - The agricultural chemicals segment reported a profit of RMB 91,003,000 in 2024, a recovery from a loss of RMB 180,149,000 in 2023[36]. - The dye and agricultural chemical intermediates segment contributed approximately 44.0% to total revenue, with revenue decreasing by about 20.3% to approximately RMB 948.6 million from RMB 1,189.9 million in the same period of 2023[98]. - The pigment intermediates and new materials segment's revenue increased by approximately 20.5% to about RMB 454.4 million, accounting for approximately 21.0% of total revenue[100]. Research and Development - The company maintains a commitment to R&D and technological innovation as a core competitive advantage, focusing on improving existing products and exploring new business growth opportunities[104]. - The company is actively developing new materials such as manganese iron phosphate and sodium-ion battery materials to seize market opportunities[102]. - Research and development expenses decreased significantly to RMB 22,650,000 in 2024 from RMB 39,460,000 in 2023, indicating a potential shift in investment strategy[49]. Shareholder Actions - The company repurchased shares worth RMB 20,019,000 during the year[10]. - The company repurchased 24,711,500 shares during the fiscal year, with a total cost of HKD 21,958,685, reflecting confidence in its future prospects[151]. - The company successfully sold approximately 3.76% of its stake in Caike Technology for a total consideration of RMB 39,975,197.36, completing the transaction by the end of the review year[108]. Governance and Compliance - The company has adopted the Corporate Governance Code and is committed to maintaining high standards of corporate governance[147]. - The audit committee reviewed the accounting principles and practices adopted by the group, confirming consistency with the draft financial statements[155]. - The company plans to replace its auditor, Ernst & Young, with Tianjian International Certified Public Accountants, effective after the annual general meeting[156].
彩客新能源(01986) - 2024 - 年度业绩