TJKJ(SH:600846)2021-04-29 16:00Financial Performance - The company's operating revenue for 2020 was CNY 6,302,631,317.57, a decrease of 0.76% compared to CNY 6,351,036,402.54 in 2019[19] - The net profit attributable to shareholders for 2020 was CNY 595,999,248.69, down 1.84% from CNY 607,176,494.68 in 2019[19] - The basic earnings per share for 2020 were CNY 0.95, a decrease from CNY 0.97 in 2019[20] - The weighted average return on equity decreased to 20.09%, down 3.86 percentage points from 23.95% in 2019[20] - The company reported a total of RMB 27.26 million in government subsidies for 2020, slightly down from RMB 28.68 million in 2019[22] - The company achieved operating revenue of 6.303 billion RMB, a year-on-year decrease of 0.76%[54] - The net profit attributable to shareholders was 596 million RMB, down 1.84% compared to the previous year[54] Cash Flow and Assets - The net cash flow from operating activities increased significantly to CNY 1,593,646,980.45, a 360.18% increase compared to CNY 346,309,320.12 in 2019[19] - The total assets as of the end of 2020 were CNY 11,318,133,979.77, a decrease of 6.86% from CNY 12,152,120,301.84 at the end of 2019[19] - The total liabilities decreased to CNY 7,991,122,030.86 from CNY 8,579,469,406.67, representing a reduction of 6.84%[199] - Total current assets as of December 31, 2020, amounted to CNY 9,896,623,810.38, a decrease of 4.05% from CNY 10,316,844,584.33 in 2019[198] - Cash and cash equivalents increased to CNY 3,466,776,493.34 from CNY 3,451,388,999.92, reflecting a growth of 0.45%[198] Shareholder and Dividend Information - The company plans to distribute a cash dividend of CNY 3.2 per 10 shares to all shareholders[4] - The company distributed a cash dividend of 3.40 RMB per 10 shares, totaling 212,418,915.44 RMB for the 2019 fiscal year, approved by the shareholders' meeting on May 29, 2020[106] - In 2020, the company reported a cash dividend of 3.20 RMB per 10 shares, amounting to 199,923,685.12 RMB, representing 33.54% of the net profit attributable to ordinary shareholders[107] Operational Developments - The company has established a comprehensive engineering consulting service system covering various fields, including construction, planning, and environmental protection[27] - The company aims to enhance its core competitiveness by increasing technological innovation and focusing on professional directions in the urban construction industry[33] - The company is positioned to benefit from the national emphasis on new infrastructure development, which is expected to drive demand in the engineering consulting and construction sectors[31] - The company has a strong presence in the Yangtze River Delta region, focusing on real estate development projects that include residential, office, and commercial properties[30] Environmental Compliance and Performance - The company achieved a total COD emission of 70.81 tons, with a concentration of 9.63 mg/l, complying with the GB18918-2002 Class A standard[129] - The company reported no exceedance in emissions across all monitored pollutants, indicating effective compliance with environmental regulations[129] - The company’s wastewater treatment facilities consistently met the GB18918-2002 Class A standard, ensuring compliance with local environmental regulations[130] - The company continues to monitor and improve its wastewater treatment processes to ensure ongoing compliance and environmental protection[129] Governance and Management - The company has established a governance structure that ensures the protection of shareholder and creditor rights[124] - The board of directors held 8 meetings during the year, with all directors attending and no absences reported[174] - The company maintains independence from its controlling shareholder in operations, finance, and decision-making processes[168] - The company has implemented a robust governance structure in compliance with relevant laws and regulations, enhancing decision-making capabilities[169] Employee and Talent Management - The company employed a total of 3,451 staff, including 2,845 technical personnel, 1,237 undergraduates, and 257 master's degree holders[161][162] - The company has established a competitive salary structure based on job value and performance to attract and retain talent[163] - The company has a training and development plan that includes various forms of training and self-learning to promote employee growth[164] Strategic Initiatives - The company plans to implement its "14th Five-Year" strategic development plan, focusing on future growth directions[52] - The company is committed to increasing research and development investments to align with national development strategies and industry trends[98] - The company aims to leverage the "new infrastructure" market opportunities to strengthen its core business in full-process engineering consulting[91]