Financial Performance - The company's operating revenue for 2024 reached ¥1,324,319,815.45, representing a 49.01% increase compared to ¥888,745,370.03 in 2023 [18]. - Net profit attributable to shareholders for 2024 was ¥115,449,701.25, a 72.49% increase from ¥66,931,504.86 in 2023 [18]. - The basic earnings per share for 2024 was ¥1.44, up 50.00% from ¥0.96 in 2023 [18]. - Total assets at the end of 2024 amounted to ¥1,634,057,756.57, reflecting a 23.56% increase from ¥1,322,509,113.69 at the end of 2023 [18]. - The company reported a significant decline in cash flow from operating activities, with a net cash flow of ¥26,503,006.32 in 2024, down 82.04% from ¥147,589,909.31 in 2023 [18]. - The company achieved total operating revenue of 1.324 billion yuan, a year-on-year increase of 49.01% [48]. - Net profit attributable to shareholders reached 115 million yuan, up 72.49% year-on-year [39]. - The company's total operating costs increased by 47.72% to ¥1,062,456,749.14, while revenue grew by 49.01% [53]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 6.5 RMB per 10 shares to all shareholders, based on a total of 80,000,000 shares [4]. - The company has not proposed any bonus shares or capital increases for shareholders [4]. - The cash dividend represents 100% of the total profit distribution amount, with no stock dividends or capital reserve transfers planned [136]. - The company reported a distributable profit of RMB 365,498,350.76 for the period [136]. - The company's cash dividend distribution plan is subject to approval at the 2024 annual general meeting [137]. Research and Development - R&D investment amounted to 58.7 million yuan, reflecting a 32.27% increase compared to the previous year [39]. - The company aims to enhance its innovation capabilities by increasing R&D investment, strengthening existing product technology barriers, and exploring new product categories [38]. - The company is focusing on product innovation, including advancements in Hall sensor technology and high-precision mouse sensors [39]. - The company has established a comprehensive quality control system, achieving multiple international certifications [42]. - The company has completed the development of a low-power, high-performance wireless magnetic axis keyboard, enhancing product diversity and maintaining competitive advantages [59]. Market and Industry Trends - The company operates in the computer peripheral industry, which is experiencing a phase of technological upgrades and diversified demand [27]. - The global PC market is projected to recover moderately in 2024, with an expected shipment of 245.3 million units, a 1.3% increase from 2023 [28]. - The company anticipates that the demand for computer peripherals will grow due to the rapid development of artificial intelligence applications and the expansion of personal computing scenarios [28]. - The company has seen a trend of increasing market concentration, with leading firms gaining more market share due to their R&D capabilities and advanced manufacturing technologies [27]. Operational Efficiency - The company adopts a "make-to-order" procurement model, ensuring that raw material procurement aligns with customer orders and production schedules [35]. - The company is expanding production capacity in Vietnam to meet global customer demand [40]. - The company is implementing a microservices architecture for its MES product to enhance flexibility and responsiveness to new business scenarios [60]. - The company is actively optimizing its global production layout to reduce the impact of trade frictions on overseas operations [90]. Governance and Compliance - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with relevant regulations and effective governance [96]. - The company conducts regular training for its directors to ensure they are familiar with legal regulations and governance practices [96]. - The company has a structured process for shareholder meetings, ensuring that all shareholders can exercise their rights effectively [96]. - The company emphasizes investor relations management, establishing diverse communication channels to protect the rights of investors, especially minority shareholders [99]. Environmental and Social Responsibility - The company has set a greenhouse gas reduction target, which was verified by the Science Based Targets initiative (SBTi) on March 7, 2024 [144]. - During the reporting period, the company provided carbon reduction training to 24 suppliers, achieving a coverage rate of 37.50% for ISO 14064-1:2018 certification among suppliers [145]. - The company has integrated ESG principles into its corporate culture and management practices, aiming for sustainable high-quality development [146]. - The company actively participates in rural revitalization projects, leveraging its strengths in channels, management, and technology [147]. Risk Management - The company recognizes risks related to technological changes and supply chain disruptions, which could impact production and profitability [89]. - The company is implementing measures to transfer the pressure of rising raw material prices and enhance inventory management to mitigate risks associated with price fluctuations [90]. - Global economic uncertainties may lead to decreased consumer purchasing power, impacting demand for computer peripherals, particularly during economic downturns [90]. Future Outlook - The company plans to continue its strategic focus on technology development and market expansion in the upcoming years [106]. - The company is considering strategic acquisitions to bolster its product portfolio, with a budget of $100 million allocated for potential deals [116]. - The company will actively promote the implementation of fundraising investment projects to improve R&D, production, and sales capabilities [162].
智迪科技(301503) - 2024 Q4 - 年度财报