黑猫股份(002068) - 2024 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2024 was CNY 10,131,697,631.62, representing a 7.20% increase compared to CNY 9,451,120,155.17 in 2023[17]. - The net profit attributable to shareholders for 2024 was CNY 25,134,712.16, a significant turnaround from a loss of CNY 242,942,816.36 in 2023, marking a 110.35% improvement[17]. - The basic earnings per share for 2024 was CNY 0.0342, compared to a loss of CNY 0.3308 per share in 2023, reflecting a 110.34% increase[17]. - The total operating revenue for the four quarters was approximately CNY 10.13 billion, with the highest revenue in Q4 at CNY 2.83 billion[22]. - The net profit attributable to shareholders for Q4 was CNY 80.13 million, marking a recovery from losses in Q1, Q2, and Q3[22]. - The company reported a significant decrease in net profit after deducting non-recurring gains and losses, amounting to negative CNY 29,289,103.23 for 2024[17]. - The company received government subsidies amounting to CNY 16.82 million in 2024, contributing to its financial performance[23]. - The total non-recurring gains and losses for 2024 amounted to CNY 54.42 million, a significant increase from CNY 21.27 million in 2023[23]. Assets and Liabilities - Total assets at the end of 2024 were CNY 8,308,265,711.86, up 4.63% from CNY 7,940,740,028.55 at the end of 2023[17]. - The net assets attributable to shareholders decreased by 1.46% to CNY 2,975,537,541.60 at the end of 2024 from CNY 3,019,524,292.34 at the end of 2023[17]. - Short-term borrowings increased to ¥1,158,775,630.45 in 2024, representing 13.95% of total assets, up from 11.88% in 2023[80]. Production and Capacity - In 2024, the company's carbon black production capacity utilization rate reached 89.61%, significantly higher than the industry average of 56.1%[27]. - The main product, carbon black, has a designed capacity of 1.162 million tons with a capacity utilization rate of 89.61%[47]. - The company produced 1,041,300 tons of carbon black and sold 1,043,600 tons in 2024, achieving a sales rate of 100.22%[56]. - The company has established eight production bases across China, enhancing its production capacity to 1,162,000 tons annually, maintaining its leading position in the domestic carbon black industry[56]. Research and Development - The company has applied for 78 invention patents and holds 368 utility model patents, showcasing its strong R&D capabilities[47]. - The company reported a significant increase in research and development expenses, which rose by 100.27% to ¥46,239,981.75, indicating a focus on innovation[72]. - R&D investment amounted to ¥569,242,436.71 in 2024, up 10.58% from ¥514,784,782.29 in 2023[75]. - The company is developing new products such as superconducting carbon black for power batteries and eco-friendly water-based coating carbon black, which have completed pilot tests and begun industrial production[51]. Environmental Compliance - The company adheres to environmental regulations, including the Environmental Protection Law and the Air Pollution Prevention Law[163]. - The company has implemented environmental impact assessments for all construction projects[163]. - The company has installed online monitoring facilities and established a dynamic monitoring system for environmental compliance[181]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[183]. Governance and Shareholder Relations - The company has a governance structure that complies with legal requirements, ensuring transparency and protection of shareholder rights[111]. - The company has established a complete independent legal entity with full control over its assets, ensuring no damage to its interests from shareholder actions[119]. - The company has implemented a stock incentive plan, with a reduction of 120,000 shares for a director due to the repurchase and cancellation of restricted stock[124]. - The company plans to implement a three-year shareholder return plan for 2024-2026[144]. Market Position and Strategy - The company aims to become an international leader in specialty chemicals and high-performance materials, focusing on technological innovation and industry chain extension[58]. - The company is positioned to capitalize on the consolidation of the tire industry, as only large-scale carbon black producers can meet the stable supply demands of leading tire manufacturers[50]. - The company is actively expanding into new materials, with projects like the 5,000 tons/year carbon nanotube powder and a 20,000 tons/year superconducting carbon black project completed[56]. Social Responsibility - The company actively participates in social responsibility initiatives, including disaster relief and public welfare projects, while promoting green development[187]. - In 2024, the company invested 145,600 yuan in rural revitalization, benefiting a total of 1,255 people[189]. - The company has engaged in strategic partnerships with universities to enhance talent cultivation and innovation[149].