东杰智能(300486) - 2024 Q4 - 年度财报

Financial Performance - The company reported a revenue of 807.373 million RMB, a year-on-year decrease of 7.41%[3] - The net profit attributable to shareholders was -257.2693 million RMB, primarily due to weak demand from downstream customers, intensified industry competition, and cost overruns on certain projects[3] - The company's operating revenue for 2024 was ¥807,372,954.16, a decrease of 7.41% compared to ¥871,976,373.75 in 2023[22] - The net profit attributable to shareholders for 2024 was -¥257,269,335.64, reflecting a decline of 6.03% from -¥248,435,777.41 in 2023[22] - The company's non-operating income totaled 9,128,548.62 in 2024, a significant decrease of 75.7% compared to 36,984,620.84 in 2023[30] - The total assets at the end of 2024 amounted to ¥3,021,802,257.30, a decrease of 10.06% from ¥3,359,721,550.48 at the end of 2023[22] - The net assets attributable to shareholders decreased by 18.29% to ¥1,141,549,505.85 in 2024 from ¥1,397,087,374.22 in 2023[22] - The company reported a basic earnings per share of -¥0.63 for 2024, down 5.00% from -¥0.61 in 2023[22] Cash Flow and Investment - Despite significant operational pressure, the company improved its net cash flow from operating activities by 65.19% year-on-year, demonstrating strong risk management capabilities[3] - The net cash flow from operating activities for 2024 was ¥72,061,749.30, an increase of 65.19% compared to ¥207,038,330.96 in 2023[22] - The net cash flow from investment activities dropped by 160.41%, from ¥79,053,747.49 in 2023 to -¥47,754,818.17 in 2024[170] - The total cash inflow from financing activities increased by 31.95%, from ¥360,194,486.02 in 2023 to ¥475,278,218.53 in 2024[171] - The company's cash and cash equivalents decreased by 2.32% from 17.44% of total assets at the beginning of 2024 to 15.12% at the end of 2024[172] - The company has no securities investments during the reporting period[178] - The company has ongoing significant non-equity investments, including a project in intelligent equipment with a total investment of 47,450,000 yuan[177] Strategic Plans and Future Outlook - Future risks and development outlook are detailed in the management discussion and analysis section of the report[3] - The company plans not to distribute cash dividends, issue bonus shares, or increase share capital from reserves[4] - The company plans to use idle raised funds of 100 million yuan to temporarily supplement working capital, with a repayment period not exceeding 12 months[191] - The company aims to expand its market share in Southeast Asia, North America, and Europe, focusing on cross-border e-commerce logistics projects[198] - The company will deepen cooperation with leading enterprises in key industries such as steel, automotive, new energy, and medical logistics in 2025[197] - The company plans to increase R&D investment in smart warehousing, industrial automation, and AI in 2025[199] Technological Innovations - The company is focusing on providing comprehensive "logistics + information flow" solutions, including smart production and logistics systems[45] - The company has developed an intelligent logistics warehousing system that integrates various technologies, including AGV systems and machine vision systems, to enhance material flow efficiency[54] - The company is focusing on green technology innovations, aiming to integrate low-carbon solutions into its products, thereby enhancing its competitive edge in the logistics sector[92] - The company is developing a digital twin platform prototype aimed at enhancing the design and manufacturing lifecycle of complex equipment, with ongoing practical application verification[158] - The company is implementing a 5G-enabled intelligent warehouse system to address network instability and latency issues, significantly improving warehouse automation levels[166] Market and Customer Relations - The company’s top five customers contributed ¥304,544,486.28 in sales, representing 37.72% of total annual sales[154] - The top five suppliers accounted for a total procurement amount of ¥142,614,848.08, which is 21.37% of the annual total procurement[155] - The company emphasizes maintaining flexible payment terms for clients to foster good relationships, despite longer-than-expected payment cycles[107] Research and Development - R&D expenses grew by 5.62% to ¥42,740,908.26, indicating a continued investment in innovation[157] - The number of R&D personnel decreased by 6.28% from 207 in 2023 to 194 in 2024, while the proportion of R&D personnel increased from 39.13% to 40.76%[168] - The company is continuously innovating its intelligent warehousing and conveying systems to maintain competitive advantages in the market[163] Project Management and Execution - The company has delayed the completion date for the digital workshop construction project to October 2024 and the Shenzhen Dongjie Intelligent Technology Research Institute project to June 2024 due to various objective factors, including macroeconomic fluctuations[186] - The actual investment progress of the fundraising projects has been delayed compared to the original plan, primarily due to industry downturns and changes in customer structure and regional distribution[186] - The cumulative investment amount for the digital workshop project is 32.9 million, with a progress rate of 5% as of the latest report[186] Financial Management - The company has implemented a quality management system (ISO9001) and environmental management system (ISO14001), ensuring high standards in production and operations[126] - The company raised a total of RMB 57,000.00 million through the issuance of convertible bonds, with a net amount of RMB 55,920.61 million after deducting underwriting fees and other expenses[181] - The company has not yet utilized a significant portion of the raised funds, indicating potential for future investment opportunities[182]