Triductor(688259)2025-04-24 13:25Financial Performance - The company's operating revenue for 2024 was CNY 592,056,953.39, a decrease of 10.44% compared to CNY 661,105,242.25 in 2023[20]. - The net profit attributable to shareholders for 2024 was CNY 60,474,765.25, reflecting a 3.48% increase from CNY 58,439,158.04 in 2023[20]. - The net profit after deducting non-recurring gains and losses was CNY 45,100,686.67, up 4.42% from CNY 43,193,147.32 in 2023[20]. - The cash flow from operating activities showed a net outflow of CNY -86,825,442.08, a significant decrease of 155.49% compared to CNY 156,460,367.32 in 2023[20]. - The total assets decreased by 18.11% to CNY 2,066,516,203.30 in 2024 from CNY 2,523,528,860.19 in 2023[20]. - The net assets attributable to shareholders increased by 1.22% to CNY 1,525,086,789.42 in 2024 from CNY 1,506,736,989.98 in 2023[20]. - The basic earnings per share for 2024 was CNY 0.54, a 3.85% increase from CNY 0.52 in 2023[21]. - The diluted earnings per share also stood at CNY 0.54, reflecting a 3.85% increase compared to CNY 0.52 in 2023[21]. - The weighted average return on net assets for 2024 was 4.01%, an increase of 0.11 percentage points from 3.90% in 2023[21]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 0.45 per 10 shares, totaling RMB 4,992,750, which represents 8.26% of the net profit attributable to shareholders for 2024[5]. - The total cash dividends for 2024, including the amount distributed in the first three quarters, will be RMB 21,635,250, accounting for 35.78% of the net profit attributable to shareholders[5]. Corporate Governance - The company has received a standard unqualified audit report from Zhonghui Certified Public Accountants[5]. - There are no significant risks related to non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated any decision-making procedures regarding external guarantees[7]. - The board of directors and supervisory board members have all attended the board meeting, ensuring governance compliance[5]. - The company does not have any special arrangements for corporate governance[7]. - The company has established specialized committees to enhance governance and oversight, including audit, nomination, compensation, and strategy[196]. - The board of directors has not faced any objections regarding company matters during the reporting period[196]. Research and Development - The company's R&D expenditure accounted for 21.02% of operating revenue, a decrease of 5.96 percentage points from the previous year[22]. - R&D investment totaled ¥124,436,948.89, accounting for 21.02% of operating revenue, reflecting the company's commitment to innovation[35]. - The company applied for 9 new invention patents and obtained 2 during the reporting period, along with 2 new utility model patents, and 3 integrated circuit layout applications, of which 2 were granted[93]. - The company has a cumulative total of 34 invention patent applications, with 11 granted[94]. - The total number of software copyrights held by the company is 87, with 2 obtained during the reporting period[95]. - The company has developed new technologies for interference reduction in communication algorithms, enhancing product competitiveness[1]. - The company is focusing on the development of new products and technologies, including advanced SoC designs and RF filtering solutions[1]. Market and Product Development - The company plans to continue focusing on new product development and market expansion strategies to enhance future growth[20]. - The company is focused on the development of communication core chips and solutions, including access network communication chips and industrial communication chips[33]. - The company launched HPLC+HRF high-speed dual-mode products, which gained market share and contributed to stable revenue and profit growth[35]. - The access network business revenue declined due to macroeconomic fluctuations, prompting the company to diversify its product lines to mitigate risks[36]. - The company introduced a highly integrated dual-mode star flash chip, targeting smart terminals and IoT devices, with potential for new business growth[37]. - The EtherCAT slave control chip was launched, aimed at industrial and medical sectors, enhancing the company's product offerings in industrial communication[38]. Financial Challenges and Risks - The company has not yet achieved profitability since its listing[4]. - The company has outlined potential risks in its management discussion and analysis section, advising investors to be cautious[4]. - The company faced risks related to high customer concentration, with significant reliance on a few major clients for revenue stability[117]. - The accounts receivable balance at the end of the reporting period was ¥302,345,215.13, representing a significant portion of the current revenue, posing a risk of collection difficulties if economic conditions worsen[120]. - The operating cash flow for the period was negative at -¥86,825,442.08, a decline of 155.49% compared to the previous year, indicating cash flow challenges[126]. - The company is exposed to risks from international trade tensions, which could adversely affect sales performance in certain regions[123]. Strategic Focus and Future Outlook - The company aims to enhance its market presence through innovative technologies and strategic partnerships in the semiconductor industry[21]. - The company plans to explore potential mergers and acquisitions to enhance its competitive position in the industry[181]. - The company is focusing on strategic investments and market expansion as part of its growth strategy[183]. - The company aims to improve operational efficiency and enhance overall value to achieve high-quality development[163]. - The company will enhance integration capabilities by strategically acquiring high-quality assets to improve operational capacity and market share, aiming for rapid expansion and sustainable development[168].