Financial Performance - For the fiscal year ending December 31, 2024, the group's total revenue was approximately RMB 233.9 million, an increase of about 116.6% compared to RMB 108.0 million for the fiscal year ending December 31, 2023[4] - The group's gross profit for the fiscal year ending December 31, 2024, was approximately RMB 131.8 million, representing an increase of about 121.1% from RMB 59.6 million for the fiscal year ending December 31, 2023[4] - The profit attributable to the owners of the company for the fiscal year ending December 31, 2024, was approximately RMB 60.0 million, a significant increase of about 242.9% from RMB 17.5 million for the fiscal year ending December 31, 2023[5] - Basic earnings per share attributable to the owners of the company for the fiscal year ending December 31, 2024, was approximately RMB 0.060, compared to RMB 0.017 for the fiscal year ending December 31, 2023[5] - The company reported operating profit of approximately RMB 78.8 million for the fiscal year ending December 31, 2024, compared to RMB 28.8 million for the fiscal year ending December 31, 2023[7] - The company reported a net profit of RMB 59,772 thousand for the fiscal year ending December 31, 2024, compared to RMB 17,493 thousand in the previous year[26][28] - The total revenue for the company was RMB 233,908,000 in 2024, compared to RMB 107,988,000 in 2023, indicating an increase of approximately 116.5%[30] - The company achieved a milestone in extending its industrial chain with the launch of sulfur concentrate reprocessing products, marking a significant step in its project development[75] Assets and Liabilities - The total assets of the company as of December 31, 2024, amounted to RMB 921.2 million, an increase from RMB 796.7 million as of December 31, 2023[11] - The equity attributable to the owners of the company as of December 31, 2024, was RMB 530.9 million, compared to RMB 471.2 million as of December 31, 2023[11] - As of December 31, 2024, the total liabilities amounted to RMB 378,290,000, an increase from RMB 325,465,000[13] - The total equity and liabilities amounted to RMB 921,193,000, reflecting a growth from RMB 796,655,000[13] - The total liabilities for the hazardous waste treatment segment were RMB 249,685 thousand, and for the sulfur concentrate segment, they were RMB 124,246 thousand, resulting in total liabilities of RMB 378,290 thousand[26] Revenue Segments - For the fiscal year ending December 31, 2024, total segment revenue reached RMB 289,904 thousand, a significant increase from RMB 120,864 thousand in the previous year[26][28] - The segment profit for hazardous waste treatment and recycling was RMB 42,208 thousand, while the sulfur concentrate reprocessing segment reported a profit of RMB 39,085 thousand, contributing to a total profit of RMB 78,788 thousand[26] - Revenue from hazardous waste treatment services for gold mines was RMB 41,506,000 in 2024, compared to RMB 49,373,000 in 2023, representing a decrease of approximately 16.5%[30] - Revenue from the sale of sulfur concentrate increased significantly to RMB 67,663,000 in 2024 from RMB 34,775,000 in 2023, marking an increase of approximately 94.8%[30] - Total revenue from sulfur concentrate and its processed products reached RMB 115,181,000 in 2024, a substantial rise from RMB 10,321,000 in 2023[30] Costs and Expenses - Total costs for the year were RMB 156,208,000 in 2024, significantly higher than RMB 86,562,000 in 2023, indicating an increase of approximately 80.4%[40] - Administrative expenses for the year ending December 31, 2024, were approximately RMB 52.0 million, an increase of about 41.7% compared to approximately RMB 36.7 million for the year ending December 31, 2023[88] - Financing costs netted approximately RMB 5.5 million for the year ending December 31, 2024, a decrease of about 27.6% from approximately RMB 7.6 million for the year ending December 31, 2023[89] - Other income decreased significantly from approximately RMB 5.4 million for the year ending December 31, 2023, to approximately RMB 1.3 million for the year ending December 31, 2024[85] Taxation - The income tax expense for the year ended December 31, 2024, was RMB 13,472 million, significantly higher than RMB 3,653 million in 2023, representing an increase of approximately 269.5%[44] - The company's income tax expense for the year ending December 31, 2024, is approximately RMB 13.5 million, an increase of about 264.9% compared to RMB 3.7 million for the year ending December 31, 2023[92] - The effective tax rate increased from approximately 17.3% for the year ending December 31, 2023, to about 18.4% for the year ending December 31, 2024, primarily due to a lower proportion of revenue from the sale of sulfur concentrate, which enjoys a 10% tax reduction[92] Corporate Governance - The company has adopted corporate governance principles in line with the listing rules to safeguard shareholder interests and enhance corporate value[114] - The company has established an audit committee to ensure compliance with financial reporting and internal control systems as per listing rules[116] - The audit committee consists of three members, with Mr. Liu Zhongwei serving as the chairman, possessing the required professional qualifications[117] - The financial statements for the year ending December 31, 2024, have been reviewed and recommended for approval by the audit committee[117] Future Plans and Investments - The company has not made any significant investments, acquisitions, or disposals of subsidiaries, joint ventures, or associates during the reporting period[108] - The company has no significant future plans for major investments or capital assets beyond those disclosed in previous announcements[104] - The company plans to enhance its technological innovation capabilities and optimize its product structure to drive diversified development and improve resource utilization efficiency[76] - The company expects to further expand its product portfolio and improve profitability stability through the successful implementation of related projects[75]
鸿承环保科技(02265) - 2024 - 年度业绩