龙洲股份(002682) - 2024 Q4 - 年度财报

Financial Performance - The company reported a total revenue of 562,368,594, with no cash dividends or stock bonuses distributed to shareholders[4]. - The company's operating revenue for 2024 was ¥3,000,642,713.61, a decrease of 19.26% compared to ¥3,716,470,119.35 in 2023[18]. - The net profit attributable to shareholders was -¥348,462,157.16, showing a slight improvement of 1.11% from -¥352,374,253.58 in the previous year[18]. - The net cash flow from operating activities increased by 9.28% to ¥390,336,509.95, compared to ¥357,184,869.80 in 2023[18]. - The total assets at the end of 2024 were ¥6,237,333,496.87, down 7.06% from ¥6,710,940,956.57 at the end of 2023[18]. - The company's basic and diluted earnings per share were both -¥0.62, a 1.59% improvement from -¥0.63 in 2023[18]. - The company achieved a total operating revenue of CNY 300,064.27 million in 2024, a decrease of 19.26% compared to the previous year[42]. - The net profit attributable to shareholders was CNY -34,846.22 million, with goodwill impairment of CNY 6,819.90 million and asset impairment of CNY 3,662.62 million, reflecting a year-on-year reduction in losses of 1.11%[42]. - The asphalt supply chain business generated revenue of CNY 200,777.28 million, down 10.30% year-on-year, while the net profit was CNY -6,332.55 million, a reduction in losses by 59.23 percentage points[42]. - The comprehensive gross margin for the asphalt supply chain business increased to 0.61%, up 2.29 percentage points from the previous year[42]. Risk Management - The company faces several risks including safety production accidents, fluctuations in oil and gas prices, and management risks associated with business expansion[4]. - The company has a strong focus on risk management, particularly regarding goodwill impairment and accounts receivable management[4]. - The company is committed to maintaining transparency and has made its annual report available on the Shenzhen Stock Exchange and other platforms[15]. - The company has established a comprehensive internal control management system for asphalt futures hedging, ensuring effective risk management[80]. - The company has implemented continuous monitoring and effective evaluation of its internal control system to improve business processes and adapt to external changes[140]. Market and Operational Strategies - The company is actively involved in market expansion and is exploring new strategies to enhance its operational efficiency[4]. - The company is continuously monitoring market trends to adapt its strategies accordingly[4]. - The company is diversifying its operations by engaging in information technology services and the construction of electric vehicle charging stations[38]. - The company aims to strengthen its core business and improve efficiency while reducing costs and promoting innovation as part of its strategic development goals[84]. - The company plans to enhance its asset management and focus on the "specialized, refined, distinctive, and innovative" development path for its key industries[85]. - The company will implement comprehensive financial management measures to improve operational quality and efficiency, including enhancing safety production and risk management[86]. Subsidiaries and Business Segments - The company has a diverse portfolio of subsidiaries, including logistics and transportation services, which contribute to its overall performance[10]. - The company's subsidiary, Zhaohua Group, has a significant share in the asphalt supply chain, focusing on logistics services and modified asphalt processing[33]. - The company’s emergency vehicle manufacturing subsidiary, Changfeng Special Vehicle, is recognized as a national high-tech enterprise and produces various emergency response vehicles[34]. - The company operates 35 passenger transport stations, including 5 first-class and 14 second-class stations, with a fleet of 2,204 passenger vehicles[36]. - The company has established a joint venture with Sinopec and CNOOC to operate 6 gas stations in Longyan, enhancing its fuel distribution network[36]. Governance and Management - The company has a governance structure that ensures the protection of shareholder rights and maintains transparency in decision-making processes[97]. - The company has a diverse board of directors and management team, with no shareholding changes reported during the current period[104]. - The company is focused on maintaining a strong governance structure with recent board changes[106]. - The company has a total of 9 senior management personnel, including the president and financial director[113]. - The company has implemented a performance assessment system for senior management remuneration since August 2022[120]. Employee and Training Initiatives - The total number of employees at the end of the reporting period was 3,244, with 2,930 from major subsidiaries and 314 from the parent company[133]. - The company emphasizes employee training and evaluates training effectiveness annually to improve training programs[135]. - The employee stock ownership plan is funded through self-raised capital[138]. - The total number of employees participating in the stock ownership plan is 398, including directors, supervisors, senior management, and core technical personnel[138]. Financial Compliance and Auditing - The company has appointed Huaxing Accounting Firm as the auditor for the 2024 financial year[130]. - The internal control audit report issued a standard unqualified opinion, confirming that the financial statements fairly reflect the company's financial position as of December 31, 2024[144]. - The company is committed to maintaining transparency and integrity in its financial reporting and auditing practices[130]. - The company has proposed to change its auditing firm, ensuring compliance with relevant regulations[130]. Shareholder Relations - The company held its first temporary shareholders' meeting in 2024 with a participation rate of 29.90% on March 27, 2024[103]. - The annual shareholders' meeting for 2023 had a participation rate of 20.94% on May 16, 2024[103]. - The company has a total of 59,338 shareholders at the end of the reporting period[199]. - The company has not issued any new securities during the reporting period[198]. Environmental and Social Responsibility - The company has implemented measures to strengthen environmental management, including dust control and wastewater collection systems[147]. - The company was not penalized for environmental issues during the reporting period[147]. - There are no disclosed social responsibility issues or poverty alleviation efforts during the reporting period[148].