SOJO(SZ:300444)2025-04-15 12:20Financial Performance - The company's operating revenue for 2024 reached ¥3,472,529,239.63, representing a 10.60% increase compared to ¥3,139,771,879.80 in 2023[26]. - The net profit attributable to shareholders decreased by 21.77% to ¥80,840,589.11 in 2024 from ¥103,339,596.77 in 2023[26]. - The net profit after deducting non-recurring gains and losses increased by 35.90% to ¥155,668,666.92 in 2024 from ¥114,546,856.84 in 2023[26]. - The total assets of the company increased by 31.46% to ¥6,812,803,476.03 at the end of 2024, compared to ¥5,182,233,299.07 at the end of 2023[26]. - The company reported a significant decline in cash flow from operating activities, with a net outflow of ¥644,642,427.68 in 2024, compared to a net inflow of ¥205,848,490.54 in 2023, marking a 413.16% decrease[26]. - The weighted average return on equity decreased to 5.11% in 2024 from 7.77% in 2023, reflecting a decline of 2.66%[26]. - Total revenue for 2024 reached ¥3,472,529,239.6, representing a year-on-year increase of 10.60% compared to ¥3,139,771,879.8 in 2023[76]. - The smart grid sector generated ¥1,917,050,332.8, accounting for 55.21% of total revenue, with a growth of 6.80% from ¥1,795,036,098.4 in 2023[76]. - Revenue from the new energy sector increased by 15.92% to ¥1,537,915,871.4, which represents 44.29% of total revenue, up from ¥1,326,649,357.2 in 2023[76]. - Domestic revenue was ¥3,363,982,905.2, making up 96.87% of total revenue, with a year-on-year growth of 9.77%[76]. - International revenue surged by 44.41% to ¥108,546,334.35, representing 3.13% of total revenue, compared to ¥75,163,654.04 in 2023[76]. Investment and Expansion - The company plans to actively expand into the renewable energy sector while maintaining steady growth in its distribution network business[11]. - The company aims to enhance its position as a comprehensive energy solution provider, focusing on smart electrical equipment and renewable energy sectors[35]. - The company plans to expand its services in the fields of energy digitalization and smart energy, which are expected to drive future growth[35]. - The total investment during the reporting period was ¥293,535,920.58, a decrease of 38.20% compared to the same period last year, which was ¥474,970,242.59[103]. - The company aims to optimize its development layout by expanding investments in wind and solar projects, enhancing its market share in the distribution network sector, and improving its product offerings in energy digitalization[120]. - The company is actively developing large-scale centralized energy storage projects and independent shared energy storage stations to meet market demands[71]. - The company has signed contracts for electricity trading amounting to 1.6 billion kilowatt-hours in the power spot market, indicating a significant expansion in its electricity trading operations[73]. Research and Development - The company emphasizes the importance of maintaining innovation capabilities and has a mature R&D team to enhance its core competitiveness[7]. - The company has developed over 20 digital software solutions, integrating AI and digital twin technologies into production and management processes[62]. - The company has a mature R&D team that has developed key technologies across the entire renewable energy value chain, providing integrated energy solutions to customers[68]. - The company is focusing on the development of new energy intelligent box transformers, inverter boost integrated machines, and other supporting equipment to enhance market penetration and optimize equipment performance[48]. - The number of R&D personnel decreased by 12.07% from 605 in 2023 to 532 in 2024, with the proportion of R&D personnel in total staff dropping from 29.00% to 22.77%[90]. - R&D expenditure amounted to ¥125,289,733.18 in 2024, representing 3.61% of total revenue, down from 4.29% in 2023[90]. Corporate Governance - The governance structure is compliant with relevant laws and regulations, ensuring independent operation of the board and management[127]. - The company has established a clear set of responsibilities for the management team, ensuring accountability and transparency in operations[128]. - The company respects the rights of stakeholders, balancing interests among shareholders, employees, and society to promote sustainable development[129]. - The company has established a comprehensive corporate governance structure, ensuring effective supervision and internal control operations[176]. - The company has appointed independent directors and has a fully independent management team, ensuring no conflicts of interest with actual controllers[132]. - The company has a structured performance evaluation system for its management, linking remuneration to company performance[148]. Environmental and Social Responsibility - The company has implemented a robust employee welfare system, enhancing employee benefits and promoting harmonious labor relations[184]. - The company emphasizes tax compliance and risk management, reinforcing its commitment to lawful operations and social responsibility[185]. - The company has increased investment in energy conservation and environmental protection projects, aligning with the "dual carbon" goals and enhancing its core competitiveness and technological weight[186]. - There were no major environmental violations or penalties reported during the period, and the company complies with relevant environmental laws[183]. Future Outlook - The company is committed to supporting the national "dual carbon" strategy and participating in the construction of a new power system, covering the entire renewable energy industry chain[120]. - The company plans to continue its market expansion and product development strategies in the upcoming quarters[158]. - Future outlook includes a commitment to innovation and market expansion, aiming for sustainable growth in the coming years[1].