Proya(SH:603605)2020-04-01 16:00Financial Performance - The company's operating revenue for 2019 was CNY 3,123,520,211.77, representing a 32.28% increase compared to CNY 2,361,248,766.72 in 2018[16]. - The net profit attributable to shareholders for 2019 was CNY 392,681,976.58, a growth of 36.73% from CNY 287,188,727.12 in 2018[16]. - The basic earnings per share for 2019 was CNY 1.96, up 36.11% from CNY 1.44 in 2018[17]. - The net cash flow from operating activities for 2019 decreased by 54.00% to CNY 235,961,328.34 from CNY 512,918,568.86 in 2018[16]. - The total assets at the end of 2019 were CNY 2,979,365,076.82, a 4.17% increase from CNY 2,860,042,557.71 at the end of 2018[16]. - The company's total revenue for the year reached 3.124 billion yuan, representing a year-on-year growth of 32.28%[29]. - The net profit attributable to shareholders was 393 million yuan, reflecting a year-on-year increase of 36.73%[32]. - The company reported a quarterly revenue of CNY 1,043,420,091.90 in Q4 2019, significantly higher than other quarters due to seasonal sales peaks[20]. Dividend Distribution - The company distributed a cash dividend of 5.90 RMB per 10 shares, totaling 118,749,040.40 RMB (including tax) to shareholders[4]. - The company has not proposed any capital reserve conversion into share capital or bonus shares in its profit distribution plan[4]. - In 2019, the company distributed a cash dividend of CNY 5.90 per 10 shares, totaling CNY 118,749,040.40, representing 30.24% of the net profit attributable to ordinary shareholders[94]. Audit and Compliance - The company reported a standard unqualified audit opinion from Tianjian Accounting Firm[3]. - The company has a commitment to ensuring the accuracy and completeness of its financial reports, as stated by its management[3]. - The audit report indicated that the financial statements fairly reflect the company's financial position and operating results for the year ended December 31, 2019[183]. - The audit firm provided an unqualified opinion on the financial statements, indicating no significant misstatements were found[183]. Research and Development - The company launched several new products, including a niacinamide whitening essence and deep-sea collagen cream, enhancing its product portfolio[34]. - The company received 21 new national invention patents during the reporting period, increasing its total to 64[36]. - Research and development expenses increased by 45.56% to ¥74,602,606.55, up from ¥51,250,857.94[39]. - The company has made significant investments in research and development, focusing on skincare, cleansing, and cosmetic products[61]. Market and Sales Performance - Online channel revenue was 1.655 billion yuan, up 60.97% year-on-year, accounting for 53.09% of total revenue[30]. - The main brand, Proya, generated 2.656 billion yuan in revenue, a 26.81% increase, making up 85.21% of total revenue[31]. - The skincare product segment generated revenue of ¥2,675,674,488.14, with a year-on-year growth of 25.62%[42]. - The online sales channel's contribution increased from 43.57% in 2018 to 53.09% in 2019[30]. Corporate Governance - The company has committed to compensating investors for losses caused by false statements or omissions in the prospectus, ensuring protection for small investors[103]. - The company has established a framework to protect investor interests, particularly for small investors, in the event of legal violations[104]. - The company has committed to not abusing its controlling shareholder position and will not interfere in management activities[107]. - The company continues to monitor compliance with these commitments to uphold its corporate governance standards[96]. Environmental Responsibility - The company’s production facilities utilize a solar-assisted heating system, achieving low carbon emissions with nitrogen oxides below 50 mg/Nm³ through external flue gas recirculation technology[136]. - The company implemented energy-saving measures, including monitoring water, electricity, and steam usage daily, and conducted activities to reduce energy consumption[134]. - The total investment in environmental protection amounted to ¥141.85 million, representing 0.05% of total revenue[76]. - The company’s wastewater treatment meets the national standard for pollutant discharge, with daily monitoring of COD levels to ensure effective environmental oversight[136]. Shareholder Information - The top shareholder, Hou Jun Cheng, holds 72,640,500 shares, representing 36.09% of the total shares[145]. - Fang Yu You, the second-largest shareholder, owns 48,858,000 shares, accounting for 24.27%[145]. - The total number of shares held by the top five shareholders is 132,706,700, which is approximately 66.77% of the total shares[145]. - The company has no strategic investors or general legal entities among the top 10 shareholders[148]. Employee and Management Structure - The total number of employees in the parent company and major subsidiaries is 2,844, with 718 in the parent company and 2,126 in subsidiaries[166]. - The number of R&D personnel is 172, representing approximately 6% of the total workforce[166]. - The company has implemented a training program aimed at enhancing employee skills and engagement through various learning formats[168]. - The management team has extensive experience in the cosmetics industry, with backgrounds in various related companies, which strengthens the company's competitive edge[157].