远光软件(002063) - 2020 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2020 was CNY 1,691,519,226.39, representing an increase of 8.07% compared to CNY 1,565,208,558.82 in 2019[22] - The net profit attributable to shareholders for 2020 was CNY 262,885,099.41, which is a 15.96% increase from CNY 226,707,159.85 in 2019[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 239,179,011.49, up 29.23% from CNY 185,073,550.07 in 2019[22] - The basic earnings per share for 2020 was CNY 0.2384, reflecting a growth of 16.01% compared to CNY 0.2055 in 2019[22] - The total profit for the year increased by 34.08% to ¥303,691,464.07, supported by revenue growth and improved investment income[85] - The company's net profit for the year was CNY 281,019,045.88, while net cash flow from operating activities was CNY 78,849,111.26, indicating a significant discrepancy[130] Assets and Cash Flow - The total assets at the end of 2020 amounted to CNY 3,138,134,407.02, an increase of 7.98% from CNY 2,906,222,044.47 at the end of 2019[25] - The net assets attributable to shareholders at the end of 2020 were CNY 2,644,533,676.62, which is a 6.74% increase from CNY 2,477,531,654.01 at the end of 2019[25] - The net cash flow from operating activities for 2020 was CNY 78,849,111.26, a decrease of 57.75% compared to CNY 186,617,104.47 in 2019[22] - Cash and cash equivalents decreased by 93.02% to CNY -56,664,757.20 in 2020, compared to CNY -812,214,844.77 in 2019[127] - The total amount of cash and cash equivalents at the end of 2020 was CNY 237,155,865.85, representing 7.56% of total assets[132] Research and Development - The company has maintained R&D investment exceeding 20% of annual revenue for several consecutive years, focusing on cloud computing, big data, artificial intelligence, and blockchain technologies[46] - The number of R&D personnel increased to 1,931 in 2020, up 31.81% from 1,465 in 2019[112] - R&D investment amounted to ¥410,371,508.97 in 2020, representing a 16.35% increase from ¥352,689,313.69 in 2019[112] - R&D investment as a percentage of operating revenue rose to 24.26% in 2020, compared to 22.53% in 2019, an increase of 1.73%[112] - The artificial intelligence division was established in 2020, with over 70 AI patents filed, including 10 new authorizations in 2020[66] Business Strategy and Market Expansion - The company is actively expanding its business outside the power industry, with successful projects in sectors such as healthcare and manufacturing[56] - The company aims to leverage advanced information technology and energy technology to provide high-quality products and services, driving sustainable development[155] - The company plans to promote the DAP product (new generation domestic ERP) and participate in various digital projects, enhancing digital transformation for State Grid[156] - The company will focus on expanding its consulting services and information system implementation for large clients outside the power industry, including major groups like Haier and Guangzhou Metro[158] - The company aims to create a digital, intelligent, and globalized ecosystem through innovative products and technologies[111] Dividend and Profit Distribution - The company plans to distribute a cash dividend of CNY 0.5 per 10 shares, along with 2 bonus shares for every 10 shares held[6] - In 2020, the total cash dividend amounted to RMB 55,124,305.60, representing 20.97% of the net profit attributable to ordinary shareholders[180] - The cash dividend represents 20% of the total profit distribution amount[181] - The remaining undistributed profit after the distribution plan will be 906,942,201.90 RMB, carried forward to future years[184] Risk Management and Compliance - The company has outlined potential risks and operational plans for 2021, which are subject to market conditions[6] - The company faces risks from the complex macroeconomic environment due to the COVID-19 pandemic, necessitating adaptive product strategies[164] - The company maintained compliance in its legal affairs, optimizing contract standards to reduce transaction risks[78] - The company has committed to maintaining independence and avoiding competition with related parties, which has been strictly adhered to during the reporting period[185] Digital Transformation and Innovation - The company launched the "Yuan Guang Jiutian Digital Innovation Platform" and a new generation of domestic ERP, "Yuan Guang DAP," focusing on digital transformation and AI technology[36] - The company has successfully implemented major projects for State Grid and Southern Power Grid, enhancing financial management and digital transformation capabilities[53] - The company launched its blockchain enterprise application service platform V3.0 in 2020, enhancing security, performance, usability, and application scenarios[65] - The company has completed the development of several new platforms, including a blockchain-based data storage platform and an integrated R&D operation platform[112] - The company is focusing on digital transformation and the integration of digital and real economies, as emphasized by national policies promoting the development of new infrastructure[153]