宁波色母(301019) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 reached ¥493,084,102.38, representing a 9.28% increase compared to ¥451,229,122.44 in 2023[19]. - The net profit attributable to shareholders for 2024 was ¥100,503,295.19, a decrease of 1.41% from ¥101,942,009.14 in 2023[19]. - The net profit after deducting non-recurring gains and losses was ¥85,671,237.43, down 6.19% from ¥91,321,771.14 in the previous year[19]. - The total assets at the end of 2024 amounted to ¥1,252,170,524.36, reflecting a 6.11% increase from ¥1,180,093,245.30 at the end of 2023[19]. - The basic earnings per share for 2024 was ¥0.60, a slight decrease of 1.64% compared to ¥0.61 in 2023[19]. - The company reported a cash flow from operating activities of ¥85,892,111.97, which is an 11.04% decline from ¥96,551,539.40 in 2023[19]. - The company achieved operating revenue of 493.08 million yuan and a net profit attributable to shareholders of 100.50 million yuan, with a net profit of 85.67 million yuan after deducting non-recurring gains and losses[42]. - The company achieved total revenue of 672 million yuan for the period[84]. Dividend Distribution - The company plans to distribute a cash dividend of 6 CNY per 10 shares to all shareholders, based on a total of 164,963,391 shares[3]. - The profit distribution policy emphasizes a stable and continuous approach, with a cash dividend of RMB 4.00 per 10 shares, totaling RMB 48 million distributed to shareholders[157]. - The total cash dividend amount, including other methods, is 110,917,662.93 RMB, which accounts for 100% of the total profit distribution[159]. - The distributable profit for the year is reported at 344,788,519.15 RMB[159]. - The company plans to distribute a cash dividend of 6 RMB per 10 shares (including tax), totaling 98,978,034.60 RMB based on a share base of 167,999,995 shares, after deducting 3,036,604 shares repurchased[162]. Corporate Governance - The company has a clear governance structure, with a board of directors and supervisory board ensuring compliance and oversight[3]. - The board of directors consists of 9 members, including 3 independent directors, and has held 8 meetings during the reporting period[117]. - The company emphasizes transparency in information disclosure, ensuring timely and accurate communication with shareholders[118]. - The company has established a performance evaluation and incentive mechanism for its directors and senior management, ensuring transparency in the hiring process[119]. - The company maintains complete independence in assets, personnel, finance, organization, and business from its controlling shareholders and actual controllers[121]. - The company has established an independent and complete financial accounting system, ensuring independent financial decision-making and tax compliance[122]. - The company held 1 annual general meeting and 3 extraordinary general meetings during the reporting period, ensuring compliance with legal and regulatory requirements[116]. Research and Development - The company is focused on the research, production, and sales of color masterbatches, aiming to meet the customized plastic coloring needs of clients[28]. - The company has a strong R&D capability, with multiple core technologies and independent intellectual property rights, focusing on market demand for new product development[37]. - Research and development expenses amounted to 19.78 million yuan, representing 4.01% of operating revenue, supporting the company's continuous innovation capabilities[43]. - The company has 16 ongoing R&D projects, with 8 projects already launched in the market, and holds 11 independent invention patents[43]. - The company is actively investing in R&D to ensure the development of high-quality, low-energy consumption, and low-emission chemical fiber technologies[71]. - The R&D investment for 2024 is approximately ¥19.78 million, up from ¥18.01 million in 2023, indicating a year-over-year increase of 9.86%[73]. Market Position and Strategy - The company has become a leading supplier of plastic color masterbatches in China, with a significant market share in the plastic color masterbatch sector, being recognized as a "National Sixth Batch Single Champion" enterprise[31]. - The company has established long-term stable partnerships with numerous well-known enterprises across various industries, including electronics, food and beverage, and automotive[32]. - The company is actively expanding its market presence and optimizing customer structure through marketing activities and participation in industry events[46]. - The company is currently expanding its market presence through strategic partnerships and investments[139]. - The company plans to enhance its technology and management capabilities to meet the diverse and precise demands of downstream customers[29]. Risk Management - The company emphasizes the importance of risk awareness regarding future operational plans and performance forecasts, indicating potential risks and countermeasures in the management discussion section[3]. - The company faces risks related to talent loss and technology leakage, particularly concerning its core color matching technology and production processes[104]. - The company is adopting measures to mitigate the impact of raw material price volatility, including early procurement agreements and flexible purchasing strategies[107]. - The company has established a strategic partnership with key suppliers to mitigate the impact of rising raw material prices on gross margin[110]. Environmental and Social Responsibility - The company was selected as a provincial-level green factory in Zhejiang, indicating its commitment to environmental protection[171]. - The company strictly adheres to environmental protection laws and has not exceeded permitted pollutant discharge limits during the reporting period[171]. - The company actively protects employee rights and has established a sound labor security and welfare system[174]. - The company has established a "Charity Poverty Alleviation Fund" since August 2007, donating 50,000 RMB annually to support impoverished individuals and families of disabled employees in Ningbo City[179]. - The company has been recognized as an A-level taxpayer in Ningbo and a AAA-level enterprise for contract compliance in Zhejiang Province[176]. Shareholder Relations - The company will improve information disclosure quality and strengthen investor relations management to ensure timely, accurate, and complete information dissemination[103]. - The company is committed to ensuring that the equity distribution complies with listing conditions after any share purchases[185]. - The company will notify the public and relevant authorities before implementing any stock repurchase plan[183]. - The company is committed to protecting investors' interests, particularly for small investors[187]. Internal Control - The company has established a comprehensive internal control management system, which includes various committees to oversee effective implementation[163]. - There were no significant internal control deficiencies reported during the period[164]. - The company maintained effective internal control over financial reporting as of December 31, 2024, according to the internal control audit report[167].