Silan(SH:600460)2020-04-22 16:00Financial Performance - The company's operating revenue for 2019 was CNY 3,110,573,827.93, representing a 2.80% increase compared to CNY 3,025,857,115.44 in 2018[17]. - The net profit attributable to shareholders of the listed company decreased by 91.47% to CNY 14,532,046.33 from CNY 170,462,588.85 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY -120,425,888.37, a decrease of 234.32% compared to CNY 89,656,353.20 in 2018[17]. - The company's total assets increased by 9.68% to CNY 8,913,260,192.08 at the end of 2019 from CNY 8,126,368,334.95 at the end of 2018[17]. - The basic earnings per share for 2019 was CNY 0.01, down 92.31% from CNY 0.13 in 2018[18]. - The weighted average return on net assets decreased by 4.69 percentage points to 0.43% in 2019 from 5.12% in 2018[18]. - The net cash flow from operating activities was CNY 132,603,445.00, a decrease of 44.89% from CNY 240,596,119.24 in 2018[17]. - The company's operating profit was -13,077,000 RMB, a decrease of 263.86% year-on-year[35]. - The company reported a total of CNY 149,705,457.84 in government subsidies related to normal business operations in 2019, compared to CNY 91,490,345.45 in 2018[22]. Research and Development - The company is actively investing in R&D for new products and technologies, with a focus on high-end power modules and MEMS sensors[30]. - The company's R&D expenses for 2019 were 334,378,632.54 RMB, an increase of 6.11% compared to the previous year[37]. - The total R&D investment amounted to 425,894,831.52 CNY, representing 13.69% of the total revenue, with 2,231 R&D personnel, accounting for 39.66% of the total workforce[49]. - The company has over 350 integrated circuit design R&D personnel and more than 1,800 in chip process and packaging technology[32]. - The company plans to conduct over 200 training sessions in 2020 for various job levels and positions[149]. Market and Industry Position - The company operates in the semiconductor industry, focusing on the design, manufacturing, and sales of electronic components and products[25]. - The company has been recognized as a key software and integrated circuit design enterprise by national authorities, participating in several major national scientific research projects[25]. - The company is expanding into new markets such as electric vehicles and photovoltaics, anticipating rapid growth in discrete device products[33]. - The company aims to enhance its capabilities in advanced power semiconductors and MEMS sensors, focusing on applications in white goods, industrial control, communication, and new energy vehicles[71]. - The company plans to continue expanding its market presence in the integrated circuit industry, focusing on research and development of electronic components[193]. Corporate Governance and Compliance - The company has received a standard unqualified audit report from Tianjian Accounting Firm, ensuring the accuracy and completeness of the financial report[3]. - The company has not reported any violations in decision-making procedures regarding external guarantees, indicating compliance with regulations[5]. - The company emphasizes the importance of forward-looking statements and the associated risks, advising investors to be cautious[5]. - The company has established internal controls to prevent material misstatements in financial reporting due to fraud or error[167]. - The company respects and protects the rights of stakeholders, including creditors, employees, customers, and suppliers[5]. Shareholder Information - The company plans to distribute a cash dividend of 0.05 CNY per 10 shares, totaling 6,560,308.07 CNY based on the total share capital of 1,312,061,614 shares as of the end of 2019[4]. - The company has not disclosed any significant changes in shareholder structure or stock variations during the reporting period[7]. - The total number of ordinary shareholders increased from 135,123 to 138,716 during the reporting period, representing a growth of approximately 2.1%[126]. - The top ten shareholders hold a total of 513,503,234 shares, accounting for 39.14% of the total shares[127]. - The company has no restricted shares remaining as of the end of the reporting period, with all previously restricted shares released on January 14, 2019[124]. Environmental Compliance - The company has established wastewater treatment systems and air pollution control facilities, ensuring effective operation through regular inspections and maintenance by third-party companies[115]. - The company conducted environmental impact assessments for construction projects and obtained necessary environmental permits, demonstrating adherence to regulatory requirements[116]. - The company reported compliance with all air pollutant standards, including non-methane total hydrocarbons at 6.80 mg/m³ against a limit of 120 mg/m³[113]. - The total emissions amount for the company was 120.87 thousand tons, with a certified total emissions limit of 212.94 thousand tons, indicating compliance with standards[112]. - The company has implemented an emergency response plan for environmental incidents, ensuring preparedness through regular training and drills[117]. Financial Position and Assets - The company's total liabilities included accounts payable of ¥644,706,461.41 and notes payable of ¥240,469,062.48, reflecting a stable financial position[91]. - The total assets of Hangzhou Silan Integrated Circuit Co., Ltd. were CNY 1,753.74 million, with a net profit of CNY 18.31 million for the year 2019[66]. - The total liabilities increased to ¥4,675,090,936.77 in 2019 from ¥3,933,086,740.42 in 2018, representing a growth of approximately 18.9%[171]. - The company's total assets reached ¥8,913,260,192.08 in 2019, up from ¥8,126,368,334.95 in 2018, representing a growth of about 9.7%[171]. - The total owner's equity at the end of 2019 was CNY 4,193,281,594.53, up from CNY 3,176,423,796.54 in 2018, marking an increase of approximately 31.9%[188].