迪森股份(300335) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 was CNY 1,115,588,600.39, a decrease of 18.32% compared to CNY 1,365,792,743.94 in 2023[18]. - The net profit attributable to shareholders for 2024 was CNY 48,536,541.20, down 18.96% from CNY 59,892,683.49 in 2023[18]. - The company reported a basic earnings per share of CNY 0.1 for 2024, a decline of 23.08% from CNY 0.13 in 2023[18]. - Total assets at the end of 2024 were CNY 2,894,682,814.84, reflecting a slight increase of 0.71% from CNY 2,874,246,522.89 at the end of 2023[18]. - The total revenue for 2024 was ¥1,115,588,600.39, representing an 18.32% decrease compared to ¥1,365,792,743.94 in 2023[94]. - The E2B segment generated ¥667,128,473.07, accounting for 59.80% of total revenue, down 28.43% from ¥932,184,945.79 in the previous year[94]. - The E2C segment saw an increase in revenue to ¥409,602,600.15, which is a 5.82% rise from ¥387,061,362.44 in 2023, representing 36.72% of total revenue[94]. - The company's gross margin for the E2B segment was 22.64%, with both revenue and cost decreasing by approximately 28%[96]. - The company achieved a 94.76% increase in overseas revenue, reaching ¥73,428,976.85, compared to ¥37,701,806.59 in the previous year[94]. - The company reported a net profit of 57,751,541.82 CNY from its subsidiary, Disen Home, contributing significantly to overall performance[130]. Dividend Distribution - The company plans to distribute a cash dividend of 1.00 RMB per 10 shares to all shareholders, based on a total of 477,012,388 shares[5]. - The company plans to distribute a cash dividend of RMB 1.20 per 10 shares, totaling RMB 57,241,486.56 for the fiscal year 2023[196]. - The cash dividend distribution represents 98.28% of the total distributable profit of RMB 446,702,862.47[197]. - The company will not issue new shares or convert capital reserves into shares during the current profit distribution[196]. Market and Product Development - The company is focused on expanding its market presence and developing new technologies in the thermal energy sector[5]. - The company is actively involved in research and development of new products, including advanced heating solutions and energy systems[5]. - The company aims to align with national energy strategies by focusing on clean energy and diversifying its business into three main sectors: clean energy equipment, investment and operation, and smart home manufacturing[25]. - The company has developed high-temperature heat pump technology with specifications ranging from 30kW to 650kW, targeting industrial applications[46]. - The company has successfully mastered the core technology of fully premixed condensing boilers, enhancing its competitive edge in the market[40]. - The company launched several new products, including full premixed condensing boilers, which feature ultra-constant temperature technology and large water output capabilities, catering to both residential and light commercial needs[84]. Research and Development - R&D investment amounted to ¥39,992,944.05 in 2024, representing 3.58% of operating revenue, an increase from 2.82% in 2023[110]. - The number of R&D personnel increased by 9.58% to 183 in 2024, with a higher proportion of personnel holding bachelor's degrees rising to 50.27%[110]. - The "Disen Research Institute" established a collaborative R&D system with three core departments, focusing on new energy and thermal research, enhancing innovation capabilities[86]. - The company has established a deep integration innovation alliance with several renowned research institutions to promote knowledge and technology sharing[72]. Environmental Commitment - The company has a commitment to environmental responsibility and aims to enhance energy efficiency through its products and services[5]. - The company is committed to supporting the global shift towards low-carbon energy systems, which is a critical aspect of its long-term strategy[25]. - The company is committed to developing more clean and efficient energy equipment to support the national "dual carbon" goals[30]. - The company has established a solid foundation for sustainable development by enhancing its energy supply and service system in response to global energy transition trends[25]. Governance and Compliance - The company emphasizes transparency in information disclosure, ensuring timely and accurate communication with all shareholders through various platforms[161]. - The company has implemented an internal audit system to regulate management practices and ensure normal business operations while controlling risks[158]. - The company has established a performance evaluation and incentive mechanism that links the income of management and employees to business performance, promoting continuous improvement in company performance[159]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring a complete and independent business system[162]. Strategic Outlook - The company provided an optimistic outlook for the next quarter, projecting a revenue increase of 25% to $625 million[178]. - The company is considering strategic acquisitions to enhance its product portfolio, with a budget of $30 million earmarked for potential targets[176]. - The company plans to leverage smart technology to enhance market insight and project management, aiming for systematic project development and improved operational efficiency[139]. - The company is committed to international market expansion and enhancing its capital operation capabilities[132]. Employee and Management Structure - The total number of employees at the end of the reporting period is 963, with 59 in the parent company and 904 in major subsidiaries[192]. - The professional composition includes 363 production personnel, 89 sales personnel, 271 technical personnel, 49 financial personnel, and 191 administrative personnel[192]. - The total remuneration for directors, supervisors, and senior management in 2024 amounted to RMB 10.7757 million[183]. - The company has a structured remuneration decision-making process involving the remuneration and assessment committee and board approval[183]. Risk Management - The company faces macroeconomic risks that could impact industry trends and will adjust investment strategies based on market conditions[144]. - The company has implemented risk management measures for derivative investments to mitigate market and credit risks[124]. - The company has a goodwill impairment risk related to its acquisition of Chengdu Century New Energy Co., Ltd., which requires annual impairment testing[146].