陕国投A(000563) - 2020 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2020 was ¥2,125,822,543.78, representing a 21.08% increase from ¥1,755,654,630.76 in 2019[26]. - The net profit attributable to shareholders for 2020 was ¥685,690,774.63, up 17.91% from ¥581,527,983.85 in 2019[26]. - The net profit after deducting non-recurring gains and losses was ¥687,831,485.81, an increase of 18.32% compared to ¥581,317,454.05 in 2019[26]. - The basic earnings per share for 2020 was ¥0.1730, reflecting a 17.93% increase from ¥0.1467 in 2019[26]. - The total assets at the end of 2020 were ¥16,517,056,276.04, a 12.62% increase from ¥14,666,736,402.38 at the end of 2019[26]. - The net assets attributable to shareholders at the end of 2020 were ¥11,795,048,450.08, up 7.45% from ¥10,977,363,711.96 at the end of 2019[26]. - The net cash flow from operating activities for 2020 was -¥1,155,711,678.11, an improvement of 17.56% from -¥1,401,958,227.00 in 2019[26]. - The weighted average return on equity for 2020 was 6.02%, an increase of 0.56 percentage points from 5.46% in 2019[26]. - The company reported a total non-operating loss of ¥2,140,711.18 in 2020, compared to a gain of ¥210,529.80 in 2019[32]. - The company generated interest income from loans to non-financial enterprises amounting to ¥436,959,751.74, classified as regular operating income[32]. Dividend Distribution - The company plans to distribute a cash dividend of 0.30 CNY per 10 shares (including tax) based on the total share capital at the end of 2020, with no bonus shares issued[5]. - The company's net profit for 2020 was CNY 685,690,774.63, with a proposed cash dividend of CNY 118,920,385.38, representing 17.34% of the net profit[91]. - The total number of shares for the cash dividend distribution is 3,964,012,846, with a proposed dividend of CNY 0.30 per 10 shares (tax included)[93]. - The cash dividend for 2020 is fully supported by the company's distributable profits of CNY 582,837,158.44[95]. - The company has maintained a consistent cash dividend policy, ensuring stable returns for shareholders[89]. Business Operations and Strategy - The company has undergone changes in its main business operations, focusing on entrusted fund management, asset restructuring, and financial consulting services[16]. - The company actively transformed and innovated its trust business, including debt trust, equity trust, and asset securitization trust during the reporting period[35]. - The company plans to focus on high-quality development and risk management, adapting to the regulatory environment and market changes[75]. - The 2021 operational plan includes enhancing trust culture and solidifying the main business profitability model through diversified service offerings[76]. - The company aims to transform its wealth management headquarters from a "cost center" to a "profit center," enhancing customer service capabilities through technology[77]. - The strategic focus will be on expanding real estate trust and exploring innovative government platform trusts to strengthen the income from fixed-income products[78]. - The company will optimize its internal management in line with the "14th Five-Year Plan," enhancing risk management and asset management capabilities[78]. Risk Management - The company has identified various risks including policy, market, and credit risks, which are detailed in the report[5]. - The company implemented over 50 risk management regulations to enhance its comprehensive risk management system[42]. - The company emphasizes the importance of investor awareness regarding forward-looking statements and associated risks[4]. Corporate Governance and Compliance - The company has reported a commitment to ensuring the accuracy and completeness of its financial reports, with key personnel affirming the integrity of the annual report[3]. - The company has established a comprehensive information disclosure system, utilizing multiple media outlets for transparency[15]. - The company has not disclosed any significant undisclosed information during the period of investor communications[83]. - The company has conducted 169 investor communications during the reporting period[83]. - The audit firm, Xinyong Zhonghe, has been retained for four consecutive years, with an audit fee of 600,000 RMB[108]. - The company has not faced any bankruptcy reorganization or delisting risks during the reporting period[109]. - There were no non-operating fund occupations by the controlling shareholder or its affiliates during the reporting period[102]. - The company has ensured that all commitments made by the board and senior management have been fulfilled on time[100]. Social Responsibility and Community Engagement - The company invested a total of 1.063 million yuan in poverty alleviation efforts, helping 318 registered impoverished individuals to escape poverty[132]. - The company supported the establishment of 265 stores for a local pharmacy, generating over 30 million yuan in annual profits and contributing over 2.3 million yuan in taxes[131]. - In 2020, the company invested CNY 35.8 million in poverty alleviation projects, helping 318 registered impoverished individuals[134]. - The company provided vocational training for 400 individuals, with no financial investment reported in this area[134]. - The total amount invested in health-related poverty alleviation resources was CNY 37 million[134]. - The company received recognition as an outstanding enterprise in poverty alleviation efforts from the Shaanxi Provincial State-owned Assets Supervision and Administration Commission[136]. - The company plans to continue its poverty alleviation initiatives in 2021, focusing on preventing the return of poverty and supporting key demographics[137]. Shareholder Information - The largest shareholder, Shaanxi Coal and Chemical Industry Group Co., Ltd., holds 34.58% of the shares, totaling 1,370,585,727 shares[179]. - The largest shareholder, Shaanxi Coal and Chemical Industry Group Co., Ltd., holds 1,370,585,727 shares, accounting for 63.14% of the company's equity[186]. - The second largest shareholder, Shaanxi Provincial Highway Construction Group Co., Ltd., holds 857,135,697 shares[186]. - Central Huijin Asset Management Co., Ltd. holds 52,069,680 shares, representing 1.31% of the total shares[186]. - Individual shareholder Yang Jie holds 36,514,300 shares, which is 0.92% of the total shares[186]. - The company has not conducted any repurchase transactions among the top 10 shareholders during the reporting period[190]. - The company’s actual controller is the Shaanxi Provincial Government State-owned Assets Supervision and Administration Commission[194]. - The company has not experienced any changes in its controlling shareholder during the reporting period[193]. - The company has not disclosed any related party transactions among the top 10 shareholders[185].