深科技(000021) - 2019 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2019 was ¥13,223,818,815.08, a decrease of 17.67% compared to ¥16,061,005,965.27 in 2018[11]. - The net profit attributable to shareholders for 2019 was ¥352,301,166.89, down 38.68% from ¥574,538,923.72 in 2018[11]. - The net cash flow from operating activities was negative at ¥1,000,166,846.65, a decline of 337.70% compared to ¥420,770,432.04 in 2018[11]. - The total assets at the end of 2019 were ¥18,453,360,448.50, an increase of 15.36% from ¥15,996,830,984.81 at the end of 2018[11]. - The net assets attributable to shareholders increased by 3.80% to ¥6,922,647,909.39 from ¥6,669,098,517.05 in 2018[11]. - The company reported a basic earnings per share of ¥0.2395, a decrease of 38.67% from ¥0.3905 in 2018[11]. - The total revenue for the company in 2019 was approximately ¥13.22 billion, representing a decrease of 17.67% compared to ¥16.06 billion in 2018[34]. - The revenue from hard disk-related products was approximately ¥4.08 billion, accounting for 30.87% of total revenue, which is a decline of 6.40% from the previous year[34]. - The company's self-owned products revenue increased by 31.32% to approximately ¥1.67 billion, representing 12.66% of total revenue[34]. - The OEM products revenue decreased by 28.54% to approximately ¥7.39 billion, which accounted for 55.87% of total revenue[34]. Dividend Distribution - The company plans to distribute a cash dividend of 0.60 RMB per 10 shares to all shareholders, based on a total of 1,471,259,363 shares[2]. - For the fiscal year 2019, the company plans to distribute a cash dividend of RMB 88,275,561.78, which is 25.06% of the consolidated net profit of RMB 352,301,166.89[80]. - The cumulative cash dividend amount over the last three years (2017-2019) accounted for 65.11% of the average net profit attributable to shareholders of the listed company[77]. - The company’s total distributable profit for 2019 was RMB 1,756,447,847.54, with the cash dividend representing 100% of the total profit distribution[81]. - The company has maintained a consistent cash dividend policy, with a focus on returning value to shareholders[77]. Business Operations - The company has maintained its primary business in the manufacturing of computers and related electronic equipment since its listing[9]. - The company has not changed its industry since its establishment, focusing on the same core business[9]. - The company is actively expanding into strategic emerging industries, including integrated circuit packaging and testing, semiconductor storage, and medical equipment[17]. - The company has established R&D and manufacturing bases in multiple locations, including Shenzhen, Suzhou, and overseas factories in Malaysia and the Philippines[17]. - The company is the only domestic enterprise with a complete industrial chain from high-end DRAM/Flash wafer packaging testing to module production, maintaining a leading position in the semiconductor packaging and testing industry[23]. Research and Development - Research and development expenses for 2019 were approximately ¥208.16 million, accounting for 1.57% of the annual revenue[46]. - The company is expanding its medical device R&D team and increasing investment in home medical products and portable medical devices[30]. - The company has allocated 200 million RMB for research and development in the upcoming year, focusing on innovative technologies[151]. - The company is actively engaging in research and development to innovate and meet the evolving demands of the technology market[149]. Corporate Governance - The company emphasizes its commitment to social responsibility and environmental protection, having established effective pollution control measures and achieved ISO14000 and ISO18000 certifications[123]. - The company has established a strict internal evaluation and regulatory mechanism for its derivative investment operations[62]. - The company has a robust internal control system to manage insider information, ensuring compliance with securities regulations[162]. - The company has maintained its accounting firm, Lixin Certified Public Accountants, for four consecutive years, with an audit fee of ¥1.36 million[94]. - The company has a clear separation of assets and operational capabilities from the controlling shareholder, maintaining independent production and sales systems[164]. Market Expansion - The company aims to enhance its product competitiveness through international market engagement[126]. - The company is exploring partnerships with international firms to enhance its product offerings and market reach[152]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share within the next two years[151]. - A strategic acquisition of a local tech firm is in progress, which is projected to increase the company's R&D capabilities by 40%[152]. Financial Position - The company reported a derivative financial asset balance of CNY 146.88 million and a derivative financial liability balance of CNY 103.24 million as of December 31, 2019[199]. - The fair value change loss from derivative products for the year 2019 was CNY -169.75 million, while the realized income from derivatives was CNY 319.02 million[199]. - The company’s financial statements are prepared in accordance with the accounting standards for enterprises, ensuring fair representation of its financial condition[196]. - The audit report issued by the accounting firm confirmed that the financial statements fairly reflect the company's financial position and operating results for the year ended December 31, 2019[196]. Employee Management - The company employed a total of 29,676 staff, with 27,499 in production, 159 in sales, and 1,612 in technical roles[158]. - The number of employees with a master's degree or above is 218, while those with a bachelor's degree total 2,018[158]. - The company emphasizes a differentiated incentive mechanism to attract and retain key talents, focusing on R&D and core intelligent manufacturing[159]. - The "Sail Plan" is a three-year training program aimed at cultivating reserve talents, enhancing their capabilities in execution, learning, and innovation[160]. Risks and Challenges - The company faces risks including market competition, exchange rate fluctuations, talent shortages, management challenges, international trade tensions, and the ongoing impact of the COVID-19 pandemic[74][75]. - The company reported a moderate level of pollution generated, which could have short-term adverse effects on the local area[189]. - The company experienced a moderate impact on daily operations, with some service interruptions expected to recover in less than 3 months[187]. - Customer relationships were negatively affected, with a certain number of complaints received and some clients lost[188].