宝丽迪(300905) - 2024 Q4 - 年度财报

Dividend and Financial Distribution - The company plans to distribute a cash dividend of 3 RMB per 10 shares to all shareholders, based on a total of 177,897,756 shares[3]. - The company plans to distribute a cash dividend of RMB 3 per 10 shares, totaling RMB 53,369,326.8 (including tax) based on a total share capital of 177,897,756 shares[155]. Company Structure and Governance - The company has undergone a change in its registered address, effective June 28, 2023, moving to No. 29, Xujiaguan Road, Beiqiao Street, Xiangcheng District, Suzhou[12]. - The company is listed on the Shenzhen Stock Exchange under the stock code 300905[12]. - The company has appointed Lixin Certified Public Accountants as its auditing firm for the reporting period[15]. - The company has a financial advisor, Dongwu Securities Co., Ltd., providing continuous supervision from June 5, 2023, to December 31, 2024[16]. - The company emphasizes the accuracy and completeness of its financial report, with all board members present for the meeting[3]. - The company has established a governance structure consisting of a shareholders' meeting, board of directors, and supervisory board to protect the rights of shareholders and creditors[170]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, organization, and business operations[112]. - The company has established an independent financial accounting system and does not share bank accounts with its controlling shareholders[115]. - The company has a stable management team with no significant adverse changes in its main business or senior management in recent years[119]. - The company has a clear ownership structure with no recent changes in actual control[119]. - The company has established internal management structures that operate independently from its controlling shareholders[116]. - The company has implemented a collaborative research model with universities and research institutions to foster innovation and technology transfer[45]. - The company has established a remuneration plan for directors and senior management for 2024[146]. - The company has a structured remuneration decision process involving the remuneration and assessment committee, board approval, and shareholder meeting ratification[136]. - The company has seen a diverse range of experience among its management team, with backgrounds in engineering and finance[135]. - The company has a total of 12 directors and supervisors, with varying remuneration levels based on their positions[137]. - The company has established a comprehensive performance evaluation system for senior management, ensuring transparency and compliance with legal regulations[109]. Financial Performance - The company's operating revenue for 2024 reached ¥1,363,010,300.33, representing a 13.86% increase compared to ¥1,197,056,530.15 in 2023[17]. - Net profit attributable to shareholders for 2024 was ¥114,024,811.13, up 14.61% from ¥99,487,816.04 in 2023[17]. - The net profit after deducting non-recurring gains and losses was ¥103,230,795.50, reflecting a 17.79% increase from ¥87,639,216.11 in 2023[17]. - The net cash flow from operating activities significantly improved to ¥132,734,123.46, a 162.35% increase from ¥50,594,782.70 in 2023[17]. - Basic earnings per share for 2024 were ¥0.65, a 4.84% increase from ¥0.62 in 2023[17]. - Total assets at the end of 2024 amounted to ¥2,131,594,108.81, a 5.09% increase from ¥2,028,399,085.81 at the end of 2023[17]. - The company reported a weighted average return on equity of 6.29% for 2024, slightly down from 6.40% in 2023[17]. - The gross profit margin increased to 18.30%, with gross profit amounting to ¥249,431,083.79, up by 20.91% year-on-year[54]. - The company achieved a revenue of ¥1,363,010,300.33 in 2024, representing a year-on-year growth of 13.86%[51]. - The production volume of mother pellets was 91,378 tons, with sales volume also at 91,380 tons, contributing ¥1,332,951,239.47 to revenue[55]. - The company’s overseas revenue accounted for 2.05% of total revenue, amounting to ¥27,929,940.56, with a year-on-year growth of 12.09%[51]. Research and Development - The company is focused on the production and R&D of colored masterbatches and advanced functional modified materials, aligning with the growth of the plastic processing industry in China[25][27]. - The company emphasizes R&D based on market demand and customer-specific needs, ensuring product relevance and quality[37]. - The company has developed various functional masterbatches, including energy-storing luminescent, anti-aging, and antibacterial fibers, to meet diverse customer needs[33]. - The company has established a joint laboratory for functional masterbatch with the Yangtze River Delta National Innovation Center, enhancing its research capabilities[42]. - Research and development expenses increased by 13.29% to ¥51,888,404.57, driven by enhanced investment in R&D capabilities and personnel[59]. - The company has a total of 87 patents, including 41 invention patents and 46 utility model patents, showcasing its strong focus on innovation and technology development[41]. - The company is committed to sustainable development through continuous innovation and the establishment of advanced research platforms[42]. Market Strategy and Operations - The company is focused on enhancing product coverage and market share while emphasizing eco-friendly features and special performance of products[97]. - The company aims to lower new product costs through innovative processes and applications, strengthening its core competitiveness in the market[97]. - The company is actively pursuing market expansion and optimization of production processes to meet increasing market demand[42]. - The company employs a sales model primarily focused on direct supply to end-users, supplemented by a trade model[38]. - The procurement process involves selecting suppliers based on material requirements and market conditions to ensure stable supply and quality[39]. - The company has established stable partnerships with major domestic chemical fiber manufacturers, enhancing its customer resource advantage[46]. - The company is enhancing its information technology infrastructure to improve management efficiency and operational risk prevention[99]. - The company aims to achieve dual improvements in production efficiency and product quality through smart manufacturing and automation[99]. Sustainability and Social Responsibility - The company is committed to green sustainable development by improving safety management and environmental protection measures[98]. - Environmental protection measures are in place, including certifications such as ISO14000 and ISO18000, and adherence to local regulations[174]. - The company actively participates in social responsibility initiatives, including donations and support for education[175]. - During the reporting period, the company donated 670,000 yuan to support poverty alleviation and rural revitalization efforts[175]. Financial Management and Investments - The total cash inflow from investment activities rose significantly by 525.59% to ¥935,134,802.73, indicating a strong investment strategy[63]. - The total cash and cash equivalents increased by 418.48% to ¥234,607,983.53, reflecting improved liquidity[63]. - The company has ongoing significant non-equity investments, with a total investment amount of RMB 208,168,270.35 reported[78]. - The company has not engaged in any external guarantees during the reporting period[198]. - The company has not reported any significant internal control deficiencies during the reporting period[163]. - The company has established a fundraising management system to ensure the reasonable and legal use of raised funds, improving capital efficiency[189]. Shareholder Relations and Compliance - The company strictly adheres to information disclosure requirements, ensuring timely and fair access to information for all shareholders[110]. - The company respects and protects the rights of stakeholders, balancing the interests of shareholders, employees, and society[111]. - The company will ensure compliance with the China Securities Regulatory Commission and stock exchange regulations during any share reduction activities[178]. - The company will disclose any buyback plans in accordance with relevant laws and regulations[182]. - The company commits to compensating investors for losses incurred due to false records, misleading statements, or significant omissions in the prospectus[184]. - The company will take measures to protect the interests of investors, especially small and medium-sized investors, in the event of regulatory violations[183]. Future Outlook - The company aims to become a leading international player in the liquid color masterbatch segment by 2025[95]. - The company plans to enhance its market penetration and product upgrades towards environmentally friendly and high-end solutions by 2025[95]. - Future guidance indicates a positive outlook for revenue growth, driven by strategic initiatives and market expansion efforts[125].