顺控发展(003039) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 reached ¥1,838,869,664.66, representing a 26.33% increase compared to ¥1,455,602,331.39 in 2023[6]. - The net profit attributable to shareholders for 2024 was ¥268,369,313.23, a 10.19% increase from ¥243,551,257.38 in 2023[6]. - The net profit after deducting non-recurring gains and losses was ¥253,427,377.02, up 8.76% from ¥233,022,573.51 in 2023[6]. - The company's total assets increased by 35.38% to ¥7,206,650,191.98 at the end of 2024, compared to ¥5,323,366,488.38 at the end of 2023[6]. - The basic earnings per share for 2024 was ¥0.4346, reflecting a 10.19% increase from ¥0.3944 in 2023[6]. - The cash flow from operating activities decreased by 12.39% to ¥492,902,033.43 in 2024, down from ¥562,601,393.40 in 2023[6]. - The company reported a quarterly revenue of ¥504,555,954.35 in Q4 2024, with a total annual revenue of ¥1,838,869,664.66[21]. - The company achieved operating revenue of 1,838.87 million yuan, a year-on-year increase of 26.33%[36]. - The net profit attributable to the parent company after deducting non-recurring gains and losses was 253.43 million yuan, up 8.76% year-on-year[36]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 2.1 yuan per 10 shares to all shareholders, based on a total of 617,518,730 shares[4]. - The company plans to distribute at least 20% of the distributable profits as cash dividends annually from 2024 to 2026, following the approval of the future three-year dividend return plan[161]. - The cash dividend distribution plan is subject to approval at the company's shareholders' meeting[164]. - The total cash dividend amount represents 100% of the total profit distribution[163]. Acquisitions and Investments - The company successfully acquired 95.29% of Huaxin Color Printing, a well-known integrated packaging printing service provider in China, aiming to enhance its green packaging capabilities[38]. - The company acquired 100% of Qingneng Environment, extending its solid waste business from backend incineration to midstream waste transfer, with a processing capacity of 400 tons per day[38]. - The company completed the acquisition of 100% equity in Qingneng Environment for a total consideration of 5.3015 million yuan, with an additional repayment of 180.1082 million yuan for prior debts related to the operation rights of a waste transfer station[77]. - The acquisition of Huaxin Color Printing resulted in the company holding 90.3% equity, with a total investment of 24 million yuan in debt[77]. - The company has approved the acquisition of 100% equity in Foshan Shunhe Environmental Co., Ltd. and Guangdong Shunkong Environmental Industry Co., Ltd.[155]. Environmental and Social Responsibility - The company has a commitment to environmental and social responsibility as outlined in its annual report[5]. - The company is actively involved in poverty alleviation and rural revitalization, providing support to three deeply impoverished villages in Qianxinan, Guizhou Province, through manpower, funding, and technology[193]. - The company donated 500,000 yuan to support the "Foshan Sanitation Workers' Care Project" in 2024, aimed at assisting frontline sanitation workers and their children[192]. - Over 600 employee volunteers participated in community service activities in 2024, enhancing the company's social responsibility efforts[192]. - The company invested approximately 3.3 million yuan to establish the "Cangzhou Ecological Environment Education Base," becoming the first environmental education base in the city focused on solid waste treatment[191]. Corporate Governance - The company has established a market-oriented compensation system to attract and retain talent, supporting its growth strategy[102]. - The company has established a complete internal control system to ensure effective governance and operational independence[116]. - The company has established a shareholder meeting as the highest authority, a board of directors for decision-making, and a supervisory board for oversight, ensuring a sound corporate governance structure[115]. - The company operates independently from its controlling shareholders and has a complete business system, allowing it to operate autonomously in the market[117]. - The company has established an independent financial department with dedicated personnel and a complete accounting system, ensuring independent financial decision-making[114]. Research and Development - R&D investment increased by 100.06% to approximately CNY 49.09 million, with six subsidiaries recognized as high-tech enterprises[38]. - The number of R&D personnel increased to 267 in 2024, a 193.41% increase from 91 in 2023[59]. - R&D investment amounted to ¥49,089,215.41 in 2024, representing a 100.06% increase from ¥24,537,087.08 in 2023[61]. - Investment in R&D has increased by 30%, focusing on sustainable technologies and innovations[130]. - The company is investing 100 million RMB in R&D for new technologies aimed at enhancing product efficiency[138]. Operational Performance - The company has maintained the same controlling shareholder without any changes since its listing[16]. - The company has not reported any changes in its main business since its listing[16]. - The company’s operations in Guangdong province accounted for 93.07% of total revenue, with a year-on-year increase of 17.96%[42]. - The company has established multiple new subsidiaries focused on various environmental services, although these have not significantly impacted overall performance[100]. - The company is focusing on enhancing water supply capabilities in the region, which is expected to improve overall performance in the water supply business[88]. Risk Management - The company faces operational risks related to market concentration and supply price adjustments, which could impact performance[103]. - To mitigate financial risks, the company will explore diverse financing methods, including equity and bond financing, while maintaining good relationships with banks[105]. - The company will enhance its investment risk management by improving pre-investment research and post-investment evaluation mechanisms[105]. - The company will closely monitor macroeconomic policies and maintain communication with local government departments to manage policy risks effectively[104]. Environmental Compliance - The company and its subsidiaries are classified as key pollutant discharge units by environmental protection authorities[173]. - The company holds valid pollutant discharge permits in various provinces, with expiration dates ranging from 2027 to 2030[176][177]. - The company has implemented stringent measures to control emissions, with particulate matter emissions recorded at 0.13 mg/m³ and sulfur dioxide at 15.44 mg/m³[177]. - The company has established a comprehensive environmental management system to monitor and report emissions regularly[173]. - The company is actively responding to national "dual carbon" goals by improving production processes and enhancing energy efficiency[190].