Financial Performance - The total revenue for the year ended December 31, 2024, was CNY 11,066,690,041.36, a decrease of 9.4% compared to CNY 12,219,878,814.79 for the year ended December 31, 2023[7]. - The operating profit for the year ended December 31, 2024, was CNY 1,800,716,988.20, down from CNY 2,005,349,878.79 in the previous year, reflecting a decline of 10.2%[7]. - For the fiscal year ending December 31, 2024, the net profit was CNY 1,352,024,684.19, a decrease of approximately 10.3% compared to CNY 1,507,251,191.09 for the same period in 2023[8]. - The net profit attributable to shareholders of the parent company was CNY 1,143,973,474.80, down from CNY 1,343,109,072.73, reflecting a decline of about 14.8%[8]. - Basic and diluted earnings per share for 2024 were both CNY 0.05, compared to CNY 0.06 in 2023, indicating a decrease of 16.7%[8]. - Total comprehensive income for the year was CNY 1,388,528,466.80, down from CNY 1,521,210,105.12, representing a decline of approximately 8.7%[8]. Assets and Liabilities - The total assets as of December 31, 2024, amounted to CNY 59,786,931,555.09, an increase of 4.1% from CNY 56,352,939,728.84 as of December 31, 2023[4][6]. - The total liabilities increased to CNY 16,383,834,665.08 as of December 31, 2024, compared to CNY 13,623,749,088.14 in the previous year, representing a rise of 20.4%[5][6]. - The total equity attributable to shareholders increased to CNY 39,797,657,781.18 as of December 31, 2024, from CNY 39,601,858,063.43 in 2023, reflecting a growth of 0.5%[6]. - The company’s short-term borrowings significantly decreased to CNY 55,328,483.98 as of December 31, 2024, from CNY 1,000,718,055.55 in the previous year, a decline of 94.5%[5]. Research and Development - Research and development expenses decreased to CNY 20,226,217.47 for the year ended December 31, 2024, down from CNY 39,294,670.66 in 2023, a reduction of 48.6%[7]. - The company plans to continue focusing on market expansion and new product development to drive future growth[3]. Share Repurchase and Dividends - The company repurchased a total of 318,941,356 shares, reducing the total share capital from 23,987,065,816 shares to 23,905,474,669 shares[13]. - The proposed final dividend for 2024 is RMB 0.0239 per share, an increase of 25% from RMB 0.0191 per share for 2023, pending approval at the upcoming annual general meeting[66]. Tax and Financial Management - The corporate income tax rate for subsidiaries is set at 25%, with certain subsidiaries benefiting from a reduced rate of 15% due to their high-tech enterprise certification[30]. - The group has implemented a tax policy allowing for 100% pre-tax deduction of actual R&D expenses incurred from January 1, 2023[33]. Market Outlook and Future Plans - The company projects future revenue growth of approximately 15% for the next fiscal year, driven by new product launches and market expansion strategies[70]. - The overall market outlook remains optimistic, with anticipated growth in key segments contributing to a projected increase in overall market value[70]. - The group plans to deepen market development measures in 2025, focusing on stabilizing existing customers and enhancing service efficiency in the port sector[133]. Operational Performance - The group achieved a total throughput of 6,079.2 million tons in oil products, representing an increase of 11.0% compared to 2023[101]. - The total throughput of the bulk cargo segment was 16,037.7 million tons, a decrease of 3.4% compared to 2023[112]. - The revenue from the bulk cargo segment in 2024 was CNY 3,709,605,891.43, a decrease of 12.1% compared to 2023[114]. Legal and Compliance - The company has recognized a provision for liabilities related to the terminal logistics company amounting to CNY 152 million as of December 31, 2024[98]. - The company has complied with the corporate governance code as of December 31, 2024[139].
辽港股份(02880) - 2024 - 年度业绩