银河电子(002519) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 was ¥528,827,182.64, a decrease of 53.14% compared to ¥1,128,424,553.22 in 2023[18]. - The net profit attributable to shareholders for 2024 was -¥684,917,196.70, representing a decline of 466.46% from ¥186,903,424.65 in 2023[18]. - The net cash flow from operating activities was -¥496,136,164.19, a drop of 174.64% compared to ¥664,733,195.21 in 2023[18]. - Basic and diluted earnings per share for 2024 were both -¥0.61, a decrease of 458.82% from ¥0.17 in 2023[18]. - The company reported a significant decline in net profit, indicating uncertainty in its ability to continue as a going concern[18]. - The net profit attributable to shareholders was ¥93.99 million in Q1, declining to ¥41.89 million in Q2, and further down to ¥6.07 million in Q3, with a substantial loss of -¥826.87 million in Q4[23]. - The company reported a significant impact on its financial results due to a refund of 367 million RMB related to a contract review investigation, which will reduce the 2024 revenue by 518.49 million RMB[164]. - The company reported a negative retained earnings balance of CNY -599,411,502.73, indicating accumulated losses[192]. - The total profit for 2024 was reported at ¥-828,462,624.35, a decline from ¥112,890,510.97 in the previous year[200]. Assets and Liabilities - Total assets at the end of 2024 were ¥3,491,304,056.77, down 21.77% from ¥4,462,643,825.55 at the end of 2023[18]. - The company's total assets decreased from CNY 4,462,643,825.55 to CNY 3,491,304,056.77, a decline of approximately 21.8%[190]. - Total liabilities decreased from CNY 1,286,202,511.63 to CNY 1,154,875,213.70, a decline of about 10.2%[192]. - The company's total equity decreased from CNY 3,301,555,774.12 in 2023 to CNY 2,321,505,013.05 in 2024, a decline of approximately 30%[195]. - Cash and cash equivalents decreased from CNY 889,165,909.23 to CNY 254,176,483.95, a decline of about 71.4%[190]. - Accounts receivable increased from CNY 415,442,891.83 to CNY 625,360,343.35, an increase of approximately 50.5%[190]. Revenue Breakdown - The revenue after deducting non-operating income was ¥490,447,070.23, compared to ¥1,107,506,780.72 in 2023[19]. - The smart electromechanical business generated revenue of ¥195.59 million, down 76.85% from ¥844.88 million in the previous year[43]. - The new energy business reported revenue of ¥294.86 million, an increase of 12.27% from ¥262.63 million in 2023[44]. - The company's total revenue for the industrial sector was approximately ¥528.83 million, with a year-on-year decrease of 53.14%[46]. Research and Development - Research and development expenses decreased by 25.07% to ¥97.10 million, representing 18.36% of total revenue[54]. - The company has ongoing R&D projects aimed at enhancing product competitiveness and expanding market share, including special intelligent electromechanical products and ultra-high-definition set-top boxes[54]. - The company aims to strengthen its research and development efforts in intelligent manufacturing and high-strength lightweight materials for the new energy sector[38]. Governance and Compliance - The company reported a strict adherence to corporate governance regulations, ensuring accurate and timely information disclosure[86]. - The company maintains complete independence from its controlling shareholders in terms of business operations, personnel, assets, and finances[89]. - The company has established a comprehensive internal control system, revising key governance documents to enhance operational compliance[125]. - The internal control audit report received a clean opinion with an emphasis on certain matters related to a subsidiary's ongoing investigation[121]. Market Position and Strategy - The company is positioned to benefit from the increasing demand for intelligent special equipment and new energy storage solutions, driven by government policies and market trends[29]. - The company plans to enhance its sales capabilities and expand market channels for its energy storage products, including commercial and residential storage solutions[41]. - The company plans to focus on "new energy, electronic information, and intelligent equipment" while seeking partnerships in the fields of new energy, artificial intelligence, and digital economy[75]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 75,803, a decrease from 80,353 at the end of the previous month[169]. - The largest shareholder, Galaxy Electronics Group Investment Co., Ltd., holds 21.25% of shares, totaling 239,420,401 shares, with 116,500,000 shares pledged[169]. - The company has a total of 1,126,430,898 shares outstanding, with 99.24% being unrestricted shares[166]. Environmental and Social Responsibility - The company emphasizes environmental protection and sustainable development, focusing on waste reduction and energy conservation in its production processes[129]. - The company actively participates in various charitable donation activities, contributing both funds and materials, and will continue to balance corporate social responsibility with business development[129].