奥士康(002913) - 2024 Q4 - 年度财报

Financial Performance - The company reported a significant increase in revenue, with a year-on-year growth of 15% in the latest fiscal year[14]. - The company's operating revenue for 2024 was ¥4,565,930,085.34, representing a 5.45% increase compared to ¥4,329,869,947.46 in 2023[6]. - The net profit attributable to shareholders for 2024 decreased by 31.88% to ¥353,281,764.91 from ¥518,626,014.39 in 2023[6]. - The net profit excluding non-recurring gains and losses for 2024 was ¥339,550,080.40, down 31.92% from ¥498,750,488.51 in 2023[6]. - The total revenue for 2024 reached ¥4,565,930,085.34, representing a year-on-year increase of 5.45% compared to ¥4,329,869,947.46 in 2023[71]. - PCB revenue accounted for ¥4,227,833,941.24, or 92.60% of total revenue, with a growth of 4.79% from ¥4,034,765,219.88 in the previous year[71]. - The gross margin for PCB decreased by 4.13% to 17.10% compared to the previous year[73]. - The total sales volume for PCB in 2024 was 6,676,018.88 square meters, reflecting a growth of 5.89% from 2023[74]. Market Strategy and Expansion - The company is focusing on expanding its market presence, particularly in the Asia-Pacific region, aiming for a 20% increase in market share by 2025[14]. - The company is actively pursuing mergers and acquisitions to enhance its competitive position in the market[133]. - The company aims to deepen its overseas market presence and expand its global market strategy, leveraging its overseas factories and R&D teams[103]. - The company plans to focus on high-end product areas such as AI servers, automotive electronics, and AIPC, aiming to enhance market share and brand influence[101]. - The company is focusing on high-value sectors such as AI servers, automotive electronics, and data centers, achieving significant progress in these areas[68]. Research and Development - New product development initiatives are underway, with an investment of 50 million RMB allocated for R&D in advanced PCB technologies[14]. - The total R&D expenses for 2024 were ¥210,609,903.21, a decrease of 5.12% compared to ¥221,977,940.42 in 2023, attributed to improved R&D efficiency[82]. - R&D personnel increased by 12.14% from 659 in 2023 to 739 in 2024, with a notable rise in bachelor's degree holders by 25%[85]. - The company is committed to R&D in key technologies for high-end servers, AIPC, and automotive electronics, focusing on next-generation product development[50]. - The company has completed the development of various PCB technologies, including 77G radar boards and 4D radar imaging boards, enhancing its capabilities in automotive safety applications[83]. Environmental Responsibility - The company is committed to enhancing its operational efficiency and competitiveness through the integration of ERP, APS, MES, and CRM systems[104]. - Environmental management is a priority, with the company having obtained ISO14001 certification to mitigate risks associated with pollution during production processes[110]. - The company has implemented various energy-saving and carbon reduction projects, including heat recovery and clean energy utilization[179]. - The company received a B rating in the CDP climate assessment and a bronze medal in the EcoVadis evaluation, demonstrating its commitment to carbon reduction[179]. - The company has initiated carbon footprint accounting for core products in 2024, aiming to identify energy-saving and emission-reduction potential[178]. Corporate Governance - The company adheres to legal regulations and continuously improves its governance structure[116]. - The company ensures equal rights for all shareholders, especially minority investors, during decision-making processes[117]. - The board of directors operates under established rules, ensuring efficient and prudent decision-making[119]. - The company emphasizes information disclosure, adhering to the Information Disclosure Management System to ensure timely and accurate information for all shareholders[121]. - The company has established a supervisory board consisting of three supervisors, including one employee representative, ensuring compliance with relevant laws and regulations[120]. Shareholder Engagement and Dividends - The company plans to distribute a cash dividend of 6 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[5]. - The company's distributable profit for the fiscal year 2024 is RMB 1,498,483,883.11, with the cash dividend representing 100% of the profit distribution[160]. - The company has ensured that minority shareholders have sufficient opportunities to express their opinions and protect their legal rights[159]. - The company will ensure that any compensation obligations are met before distributing cash dividends to shareholders[186]. Operational Efficiency - The company has achieved a comprehensive digital transformation across procurement, production, quality control, and sales, enhancing its competitive edge in the industry[51]. - The company implemented a closed-loop management system for order reception, task allocation, production planning, and work order execution, optimizing cost efficiency while ensuring timely product delivery[52]. - The company has developed a comprehensive quality management system (QMS) that enhances production process control and significantly improves overall product quality[60]. - The company has established a robust after-sales service system that focuses on quality risk, inventory risk, and payment risk management, enhancing customer loyalty and satisfaction[57]. Financial Management - The company has a structured compensation decision process for directors and senior management, which is approved by the shareholders' meeting[142]. - The company has established a robust financial department with an independent accounting system, allowing for autonomous financial decision-making[128]. - The company reported a total revenue of 67,800 million for the year, reflecting a significant increase compared to previous periods[132]. - The financial director, Yin Yunyun, was appointed on February 2, 2024, indicating a focus on strengthening financial management[132]. Employee Management - The total number of employees reported is 67,509, indicating a stable workforce[132]. - The professional composition includes 3,803 production personnel, 62 sales personnel, 675 technical personnel, 32 financial personnel, and 525 administrative personnel[153]. - A strategic training system is established to develop high-quality talent aligned with organizational needs, with annual specialized training for skill enhancement[156]. - The company has a salary policy based on job value and performance assessment, ensuring competitive overall salary levels[155].