软控股份(002073) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 reached ¥7,178,293,586.51, representing a 27.10% increase compared to ¥5,647,595,165.99 in 2023[21] - Net profit attributable to shareholders was ¥506,178,748.33, a 51.94% increase from ¥333,149,674.13 in the previous year[21] - The net profit after deducting non-recurring gains and losses was ¥449,103,505.73, up 70.95% from ¥262,711,422.40 in 2023[21] - The net cash flow from operating activities surged by 295.89% to ¥916,117,920.93, compared to ¥231,404,747.57 in 2023[21] - Basic earnings per share increased by 43.14% to ¥0.4990, up from ¥0.3486 in the previous year[21] - Total assets at the end of 2024 were ¥18,614,173,564.04, a 16.62% increase from ¥15,961,879,130.52 in 2023[21] - The net assets attributable to shareholders rose by 12.30% to ¥5,938,152,668.86, compared to ¥5,287,960,374.22 in 2023[21] - The weighted average return on equity for 2024 was 9.26%, an increase from 6.63% in 2023[21] Revenue Breakdown - The manufacturing and installation sector contributed ¥6,950,859,570.94, accounting for 96.83% of total revenue, with a year-on-year growth of 27.93%[40] - Revenue from rubber new materials surged by 50.35% to ¥2,385,825,363.67, increasing its share of total revenue to 33.24%[40] - Domestic revenue amounted to ¥5,577,018,395.44, up 31.21% from ¥4,250,295,118.06 in the previous year, representing 77.69% of total revenue[40] Operational Highlights - In Q4 2023, the company's operating revenue reached approximately ¥2.30 billion, marking a significant increase compared to previous quarters[25] - The net profit attributable to shareholders for Q4 2023 was approximately ¥162.80 million, reflecting a year-over-year growth of 138.5% from Q4 2022[25] - The net cash flow from operating activities in Q4 2023 surged to approximately ¥565.05 million, indicating a strong operational performance[25] R&D and Innovation - The company holds over 2,230 patents and has received 1 national science and technology progress award and 36 provincial and ministerial science awards[35] - The company has established a global R&D system centered in China, the USA, Slovakia, and Japan, focusing on intelligent manufacturing and key manufacturing processes[35] - The company is focusing on new product development, including innovations in tire manufacturing technology and automation[55][56] - The company plans to strengthen its R&D capabilities by enhancing product quality and accelerating the application of smart technologies[85] Market Expansion and Strategy - The company maintains a high order completion rate in the domestic market and has made notable progress in expanding its international market presence[29] - The company is actively pursuing market expansion through strategic partnerships and has successfully penetrated high-end overseas markets[39] - The company plans to expand its market presence and enhance product development strategies in the upcoming fiscal year[111] Financial Management - Cash outflow from financing activities rose by 95.46% year-on-year to ¥2,009,379,546.57, mainly due to increased loan repayments[59] - Net cash flow from financing activities decreased by 159.74% year-on-year to -¥323,874,422.42, attributed to higher cash outflows[59] - The company has a competitive salary policy to attract and retain talent, ensuring fairness and transparency in compensation[122] Environmental Responsibility - The company is committed to environmental responsibility, adhering to multiple national and local environmental protection laws and regulations[153] - The wastewater treatment unit has been equipped with an online monitoring device that samples every two hours, ensuring compliance with discharge standards[162] - The company has implemented a series of air pollution control measures, including a catalytic combustion system for VOCs, achieving compliance with emission standards[161] Corporate Governance - The company has a dedicated board committee structure to enhance governance efficiency and protect the interests of minority shareholders[96] - The company has maintained compliance with legal and regulatory requirements regarding corporate governance, with no significant discrepancies reported[99] - The board of directors held a total of 9 meetings during the reporting period, with all members attending each meeting in person[114] Shareholder Engagement - The company conducted a total of 3 shareholder meetings during the reporting period, ensuring equal rights for all shareholders and compliance with relevant regulations[94] - The annual shareholders' meeting in 2023 had a participation rate of 20.69%[101] - The first interim shareholders' meeting in 2024 had a participation rate of 20.22%[101] Employee Management - The total number of employees at the end of the reporting period was 4,580, with 3,001 in production, 148 in sales, and 1,016 in technical roles[120][121] - The company has implemented targeted training programs for key groups, including marketing, R&D, and new recruits, to enhance employee growth and organizational capability[123] - The company has a total of 30 retired employees for whom it bears costs, reflecting its commitment to employee welfare[120] Risk Management - The company anticipates risks from macroeconomic conditions and market competition, and will implement measures to mitigate these risks[86] - The company will enhance its accounts receivable management to reduce collection risks and optimize asset quality[87] - The company is expanding its overseas business, which may expose it to foreign exchange risks, and will use financial tools to mitigate these risks[87]