南大环境(300864) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 reached ¥833,705,785.12, representing an increase of 11.36% compared to ¥748,658,055.67 in 2023[17]. - Net profit attributable to shareholders for 2024 was ¥167,315,079.97, an increase of 8.33% from ¥154,442,660.91 in 2023[17]. - The net profit after deducting non-recurring gains and losses for 2024 was ¥145,508,216.83, up 6.79% from ¥136,253,840.56 in 2023[17]. - The total assets at the end of 2024 amounted to ¥2,008,415,979.79, a growth of 13.65% from ¥1,767,223,643.68 at the end of 2023[17]. - The basic earnings per share for 2024 was ¥1.08, reflecting an increase of 8.00% compared to ¥1.00 in 2023[17]. - The company reported a net cash flow from operating activities of ¥156,603,951.44 in 2024, a decrease of 5.51% from ¥165,736,045.21 in 2023[17]. - The company’s operating costs for 2024 were ¥536,539,113.22, with a year-on-year increase of 11.75%[50]. - The company’s labor costs amounted to ¥178,848,121.37, representing 33.33% of total operating costs, with a year-on-year increase of 4.21%[53]. - The company’s service procurement costs were ¥312,616,078.35, accounting for 58.27% of total operating costs, with a significant increase of 26.08% year-on-year[53]. - The company achieved a gross profit margin of 35.64% in the service industry, with a slight decrease of 0.23% compared to the previous year[50]. Dividend Distribution - The profit distribution plan approved by the board is to distribute a cash dividend of 8.50 RMB (including tax) for every 10 shares based on a total of 156,488,669 shares[5]. - The company plans to distribute a cash dividend of 8.50 CNY per 10 shares, totaling 133,015,368.65 CNY, which represents 100% of the total profit distribution[149]. - The total distributable profit for the company was 367,662,387.24 CNY, with the remaining undistributed profit carried forward to future years[150]. Research and Development - The company will continue to focus on research and development of green low-carbon technologies as a core driver for transformation[26]. - Research and development expenses for 2024 are ¥59,833,938.22, an increase of 5.40% compared to ¥56,770,350.12 in 2023[56]. - The company’s R&D investment as a percentage of operating income is 7.18% for 2024, down from 7.58% in 2023[57]. - The number of R&D personnel decreased by 2.75% to 106 in 2024 from 109 in 2023[57]. - The company has added over 40 new authorized intellectual properties during the reporting period, strengthening its core competitiveness and expanding new business types[46]. Market Position and Strategy - The company operates in the environmental services sector, which is a significant part of China's strategic emerging industries[11]. - The company is positioned in the environmental technology service industry, which is expected to enter a new cycle of high-quality development driven by technological innovation[26]. - The company aims to transition from single service offerings to comprehensive solutions in response to evolving market demands[26]. - The company has deepened strategic cooperation with Renshuo Energy to integrate perovskite photovoltaic products with zero-carbon wastewater treatment plants, achieving good economic and social benefits[35]. - The company is actively seeking to enhance its operational efficiency through strategic initiatives and potential mergers or acquisitions in the environmental sector[1]. Governance and Compliance - The company adheres to strict governance practices, ensuring compliance with relevant laws and regulations, and maintaining a transparent operational structure[97]. - The company has established a comprehensive internal audit system to ensure effective governance and risk control, leading to the achievement of operational goals[108]. - The company has a dedicated information disclosure system, ensuring timely and accurate communication with investors and stakeholders[105]. - The company has established a governance structure that includes a shareholders' meeting, board of directors, and supervisory board, ensuring effective decision-making and management[112]. - The company has confirmed the integrity status of its controlling shareholders and actual controllers[196]. Employee and Talent Management - The total number of employees at the end of the reporting period is 915, with 259 in the parent company and 656 in major subsidiaries[141]. - The technical staff constitutes the majority of the workforce, with 843 out of 915 employees[141]. - Employees with a master's degree or higher total 541, representing approximately 59% of the workforce[141]. - The company has established a high-level talent training platform in collaboration with Nanjing University, enhancing its talent pool and ensuring long-term development[43]. - The company organized over 40 internal training sessions in 2024, with more than 3,000 participants and a total of over 6,000 online learning hours accumulated[146]. Risks and Challenges - The company faces risks from intensified competition in the environmental protection industry due to increased participation from state-owned enterprises and private capital[89]. - The company operates primarily in the Yangtze River Delta region, which poses a concentration risk; a slowdown in this area's economic development could lead to a decrease in revenue growth[90]. - The company faces human resource risks due to the competitive nature of the industry, which may lead to talent loss and potential impacts on operational development[92]. - There is a risk of bad debts from accounts receivable, as the overall economic pressure may complicate project repayments, potentially affecting the company's gross profit margin[93]. Commitments and Shareholder Relations - The company has received commitments from its controlling shareholders to avoid any potential competition with its existing business operations[168]. - The commitments from the actual controller include a pledge not to engage in any business activities that may substantially compete with the issuer's current operations[168]. - The company is actively monitoring compliance with the profit distribution resolutions passed at shareholder meetings[167]. - The company will publicly explain the specific reasons for any failure to fulfill commitments and apologize to shareholders and the public[184]. - The company has committed to minimizing investor losses through prompt research and processing plans[186].