银都股份(603277) - 2024 Q4 - 年度财报

Financial Performance - The net profit attributable to the parent company's shareholders for 2024 is RMB 541,007,485.76, with a distributable profit of RMB 512,100,820.99 as of December 31, 2024[6]. - The proposed cash dividend for 2024 is RMB 0.50 per share, totaling RMB 212,331,750.00, which represents 78.50% of the net profit attributable to the parent company[7]. - The company's operating revenue for 2024 reached ¥2,752,509,859.53, representing a 3.77% increase compared to ¥2,652,515,675.48 in 2023[26]. - The net profit attributable to shareholders for 2024 was ¥541,007,485.76, up 5.89% from ¥510,904,570.79 in 2023[26]. - The net profit after deducting non-recurring gains and losses was ¥497,948,104.30, a slight increase of 0.30% from ¥496,449,238.89 in 2023[26]. - The net cash flow from operating activities decreased by 23.25% to ¥635,904,208.32 from ¥828,509,657.63 in 2023[26]. - Total assets increased by 10.10% to ¥4,225,736,176.34 in 2024, compared to ¥3,838,132,137.00 in 2023[26]. - The company's net assets attributable to shareholders decreased by 1.29% to ¥2,788,585,602.76 at the end of 2024 from ¥2,825,062,678.70 at the end of 2023[26]. - Basic earnings per share for 2024 were ¥1.29, reflecting a 5.74% increase from ¥1.22 in 2023[27]. - The weighted average return on net assets for 2024 was 18.79%, a decrease of 0.27 percentage points from 19.06% in 2023[27]. Operational Developments - As of December 31, 2024, the company completed the construction of 20 self-built warehouses and 18 agency warehouses to enhance its overseas marketing network[36]. - The company's Thailand production base has completed the main construction and has officially entered the capacity ramp-up phase[36]. - The company has established sales subsidiaries in over 80 countries, enhancing its global market presence[43]. - The company is focusing on "brand autonomy" and "global market expansion" as part of its four major development strategies[36]. - The company plans to integrate environmental concepts and smart manufacturing technologies into product development to enhance product diversity and quality[37]. Research and Development - Research and development expenses were CNY 62,880,106.80, a decrease of 4.12% from the previous year, focusing on IoT technology[51]. - The number of R&D personnel was 174, accounting for 7.22% of the total workforce[60]. - The company is focused on internal transfers and equity incentives as part of its compensation strategy, with significant amounts allocated to key personnel[99]. Market Performance - The revenue from domestic sales decreased significantly by 39.54% to approximately ¥138.72 million, while foreign sales increased by 7.79% to approximately ¥2.58 billion[53][54]. - The gross profit margin for commercial catering refrigeration equipment was 43.03%, reflecting a year-over-year increase of 4.26%[53]. - The company reported a sales revenue of approximately ¥2.01 billion from the OBM sales model, with a gross profit margin of 47.33%[53]. Governance and Compliance - The company held 3 shareholder meetings during the reporting period, ensuring compliance with legal requirements for convening and voting procedures[91]. - The board of directors consists of 7 members, including 3 independent directors, and convened 10 times to review 54 proposals during the reporting period[93]. - The supervisory board, comprising 3 members, held 9 meetings and approved 36 proposals, ensuring oversight of financial conditions and management performance[94]. - The company has established a comprehensive governance structure that aligns with the requirements of the China Securities Regulatory Commission[90]. Environmental Initiatives - The company invested 1.4535 million yuan in environmental protection initiatives during the reporting period[140]. - The company has passed the ISO 14001:2015 environmental management system certification[142]. - The company has committed to resource recycling and proper waste disposal, including hazardous waste management[145]. - The company generated 6.23 million KWH of solar power, accounting for 18% of total electricity consumption during the reporting period[148]. Shareholder and Stock Management - The company has a cash dividend policy aiming for a minimum of 20% of the distributable profit to be distributed as cash dividends annually[125]. - The company approved a proposal for the 2023 annual profit distribution plan and a mid-year dividend plan for 2024 during the annual shareholder meeting[97]. - The total number of ordinary shareholders increased from 6,412 to 8,434 during the reporting period[185]. - The company has established a dedicated securities account for repurchase transactions with the Shanghai branch of China Securities Depository and Clearing Corporation[176]. Future Outlook - The company plans to enhance its market presence through strategic acquisitions and partnerships in various regions, aiming for sustainable growth[76]. - The company is set to release its Q3 2024 report, with all proposed agendas approved in the latest Audit Committee meeting[114]. - The company is considering strategic acquisitions to bolster its product portfolio, with a budget of 100 million allocated for potential deals in 2024[100].