SD Lomon(SZ:002312)2025-04-22 13:10Financial Performance - The operating revenue for 2024 is projected to be 183.69 billion RMB, representing a growth of 7.4% compared to 2023[10]. - The net profit attributable to shareholders for 2024 is expected to reach 21.26 billion RMB, reflecting a 4.9% increase from the previous year[16]. - The company's operating revenue for 2024 reached ¥8,178,402,726.78, representing a 6.10% increase compared to ¥7,708,164,155.79 in 2023[30]. - Net profit attributable to shareholders for 2024 was ¥532,907,832.64, a significant increase of 28.62% from ¥414,316,444.43 in 2023[30]. - The company reported a net profit of 21,480,098.12 in 2024, an increase of 94.5% compared to 11,043,966.12 in 2023[34]. - The company achieved an annual revenue of 8.178 billion yuan, slightly below the forecast of 8.252 billion yuan due to the limited contribution from new energy material projects[170]. - The company plans to achieve a revenue target of 8.38 billion yuan in 2025, focusing on enhancing its core phosphate chemical business and expanding new energy material projects[172]. Dividend and Earnings - The company plans to distribute a cash dividend of 1.41 RMB per 10 shares, totaling approximately 266 million RMB, which accounts for 50% of the net profit attributable to shareholders for 2024[6]. - The basic earnings per share for 2024 is projected to be 0.28 RMB, compared to 0.22 RMB in 2023[12]. - Basic earnings per share for 2024 were ¥0.28, reflecting a 27.27% increase from ¥0.22 in 2023[30]. Asset and Investment - The company reported total assets of 183.69 billion RMB for 2024, an increase from 170.69 billion RMB in 2023[10]. - The company's total assets increased by 7.61% to ¥18,368,620,911.46 at the end of 2024, compared to ¥17,069,172,310.07 at the end of 2023[30]. - The construction in progress increased to ¥1,737,095,209.92, representing 9.46% of total assets, due to investments in lithium iron phosphate projects[155]. - Total investment during the reporting period increased by 62.84% to ¥1,667,404,880.97 compared to the same period last year[158]. Production and Capacity - The company’s phosphate rock production capacity is 4.1 million tons per year, with a production of 224.93 thousand tons in 2024, representing a year-on-year growth of 16.01%[41]. - The production of industrial-grade monoammonium phosphate is expected to reach 2.3 million tons in 2024, representing a year-on-year increase of 17%[44]. - The company has a production capacity of 300,000 tons/year for industrial-grade monoammonium phosphate, with a utilization rate of 136.55%[95]. - The company’s compound fertilizer production capacity is 1,360,000 tons/year, with a utilization rate of 120.41%[95]. Market and Sales - The revenue from the phosphate chemical sector was ¥6,825,302,965.60, accounting for 83.46% of total revenue, with a year-on-year growth of 4.92%[127]. - Domestic sales accounted for 88.12% of total revenue, while international sales grew by 20.17% to ¥971,491,992.96, representing 11.88% of total revenue[127]. - The company's sales volume of industrial-grade monoammonium phosphate accounted for 54.38% of domestic sales, a year-on-year increase of 9.68%[48]. Research and Development - The company has increased its authorized patents by 19% year-on-year, focusing on key technological advancements in the phosphate and new energy materials sectors[123]. - The company is enhancing its R&D team by attracting high-level talent and collaborating with renowned universities and research institutions to tackle industry challenges[176]. - R&D investment decreased by 4.66% from CNY 215,198,217.80 in 2023 to CNY 205,180,686.98 in 2024[149]. Environmental and Safety Compliance - The company is committed to improving safety management systems to mitigate risks associated with production safety in mining and chemical processes[179]. - Environmental protection risks are being addressed by increasing investments in environmental management and adhering to regulatory requirements to prevent pollution incidents[181]. - The company is actively pursuing environmental compliance and energy-saving measures as part of its project approvals[98]. Strategic Initiatives - The company aims to become a leading domestic and internationally recognized enterprise in the phosphate chemical and new energy materials sector through strategic acquisitions and resource integration[28]. - The company is focusing on upgrading its phosphate chemical business and enhancing its competitive advantage in the industry[37]. - The company is actively seeking high-potential assets for acquisition to strengthen its industrial chain and enhance its competitive advantage in the phosphate and new energy materials sectors[177]. Risk Management - The company has identified risks related to raw material price fluctuations and safety production, which are detailed in the management discussion section[5]. - The company faces risks from price fluctuations of raw materials and main products, which could negatively impact procurement and sales management[178].