元力股份(300174) - 2024 Q4 - 年度财报

Business Growth and Development - The company reported a continuous growth in its main business, maintaining a competitive advantage despite complex external environments[6]. - The company plans to develop new application products, such as carbon-based materials for new energy, to optimize product structure and create new growth points[6]. - The company aims to expand production capacity and convert technological and cost advantages into scale benefits, with ongoing capacity expansion plans[6]. - The company is focusing on flexible market strategies and sales tactics to strengthen market development and maintain its leading position[6]. - The company is actively addressing risks related to macroeconomic changes and international trade protectionism that could impact profitability[6]. - The company is committed to lowering financial leverage to improve risk resistance and sustainable development capabilities[6]. - The company is focusing on the development and industrialization of new energy storage carbon materials, such as supercapacitor activated carbon, in response to the rapid growth of the new energy sector[35]. - The company is actively exploring international markets while managing foreign exchange risks associated with its export business, particularly in USD transactions[100]. Financial Performance - The company's operating revenue for 2024 was ¥1,882,968,563.55, a decrease of 6.57% compared to ¥2,015,453,297.86 in 2023[18]. - Net profit attributable to shareholders for 2024 increased by 19.95% to ¥284,450,452.67 from ¥237,145,288.03 in 2023[18]. - The net profit after deducting non-recurring gains and losses was ¥254,824,027.48, up 7.64% from ¥236,727,174.65 in 2023[18]. - The company's total assets at the end of 2024 were ¥4,006,636,502.21, reflecting a 1.39% increase from ¥3,951,679,262.57 at the end of 2023[18]. - The weighted average return on equity for 2024 was 8.80%, an increase of 0.88% from 7.92% in 2023[18]. - The net cash flow from operating activities for 2024 was ¥230,695,964.48, a decrease of 14.76% compared to ¥270,640,269.93 in 2023[18]. - The company reported a gross margin of 28.24% for the active carbon segment, reflecting a year-on-year increase of 0.83%[52]. - The active carbon segment generated revenue of CNY 1,416,245,198.15, accounting for 75.21% of total revenue, with a year-on-year growth of 12.85%[50]. Investment and Fundraising - A cash dividend of 1.3 RMB per 10 shares (including tax) will be distributed to all shareholders, with no bonus shares issued[7]. - The company has undergone careful consideration and scientific decision-making regarding its fundraising projects to enhance production capacity and economic benefits[7]. - The company has adjusted part of the raised funds towards the construction of porous carbon production lines to ensure effective returns on investment[7]. - The company has committed to invest in the "Nanjing Industrial Park Activated Carbon Construction Project," with a total investment commitment of RMB 722 million, of which 79.68% has been utilized as of December 31, 2026[81]. - The company has not encountered any significant changes in the feasibility of the investment projects during the reporting period[84]. Research and Development - The company is committed to innovation in technology and production processes, focusing on low-carbon and circular development, enhancing its competitive edge in the industry[34]. - The company has established a governance structure that aligns with its future development goals, improving operational efficiency and management systems[36]. - The company holds 59 authorized patents for activated carbon, demonstrating strong research and development capabilities in the industry[40]. - The company is actively researching new carbon materials, such as supercapacitor activated carbon and biomass hard carbon, to meet the evolving demands of the energy storage and battery industries[44]. - The company is focusing on developing high-capacity carbon materials and coconut shell catalyst carrier carbon, aiming to enhance product performance and expand market reach[62]. Environmental and Social Responsibility - The company actively engages in environmental protection and has developed a series of clean and energy-saving production technologies, contributing to both economic benefits and the goals of cleaner production and circular economy[148]. - The company has committed to fulfilling its social responsibilities, including protecting employee rights and engaging in public welfare activities, as detailed in the 2024 Social Responsibility Report[149]. - The company is not classified as a key pollutant discharge unit and has not faced any administrative penalties for environmental issues during the reporting period[148]. - There were no environmental accidents reported during the reporting period[148]. Corporate Governance - The company has established a comprehensive governance structure in place, adhering to relevant laws and regulations[104]. - The company maintains complete independence in operations, assets, and personnel from its controlling shareholders[106]. - The company has not engaged in any related party transactions that could harm its interests[106]. - The board of directors includes independent members with diverse expertise, ensuring robust governance and oversight[114]. - The company has established a remuneration and assessment committee to evaluate the performance of directors and senior management annually[119]. Employee Engagement and Compensation - The company has implemented a comprehensive employee training program, focusing on both practical and specialized training to enhance employee skills[130]. - The total number of employees participating in the employee stock ownership plan is 265, holding a total of 2,457,500 shares, which represents 0.67% of the company's total shares[140]. - The structured salary policy includes basic salary, performance pay, and annual bonuses, ensuring competitive compensation for employees[129]. - The total pre-tax remuneration for directors and senior management amounted to 6.5877 million CNY[120]. Market Strategy and Future Outlook - The company aims to strengthen its market leadership in the wood-based activated carbon industry through technological innovation and strategic acquisitions[91]. - The company plans to develop "supercapacitor activated carbon" and other carbon-based materials for energy storage applications, targeting commercialization with key downstream clients[91]. - Future guidance indicates a projected revenue growth of approximately 10% for the next fiscal year[116]. - The management team emphasizes the importance of innovation and sustainability in its long-term strategy[115].