广电运通(002152) - 2020 Q4 - 年度财报

Financial Performance - In 2020, the company achieved a total revenue of 6.411 billion CNY and a net profit attributable to shareholders of 700 million CNY[3]. - The company reported a total revenue of RMB 1.5 billion for the year 2020, representing a year-on-year growth of 10%[12]. - The net profit attributable to shareholders was RMB 200 million, an increase of 15% compared to the previous year[12]. - The company's operating revenue for 2020 was ¥6,410,765,033.61, a decrease of 1.32% compared to ¥6,496,265,096.84 in 2019[18]. - The net profit attributable to shareholders for 2020 was ¥700,420,016.76, down 7.59% from ¥757,975,682.12 in 2019[18]. - The gross margin improved to 35%, up from 30% in the previous year, reflecting better cost management[12]. - The company reported a total profit for 2020 of CNY 96,247.46 million, down 6.91% year-on-year, while net profit attributable to shareholders was CNY 70,042 million, a decline of 7.59%[70]. - The company achieved a revenue growth of over 11% in R&D investment, amounting to more than 11% of total revenue in 2020[60]. Research and Development - The company's R&D investment accounted for over 11% of its total revenue in 2020, focusing on breakthroughs in core technologies such as AI and blockchain[5]. - The company has applied for a total of 3,668 patents by the end of 2020, with 2,134 patents granted, and has led the establishment of over 20 national standards in the financial electronics sector[5]. - The company has established a professional R&D team of nearly 2,000 members, including academicians and PhDs, and has filed a total of 1,493 patent applications during the 13th Five-Year Plan period[60]. - The company is investing RMB 50 million in R&D for new technologies in the financial sector, aiming for a 40% increase in innovation output[12]. - The company applied for 102 patents in 2020, including 50 related to artificial intelligence, enhancing its intellectual property portfolio[78]. Market Position and Expansion - The company has maintained the number one market share in financial intelligent self-service devices in China for 13 consecutive years[4]. - The company has successfully expanded its overseas business, achieving growth despite global economic challenges, and has established a localized sales and service network[4]. - The company plans to expand its market presence in Southeast Asia, targeting a 15% market share by 2023[12]. - The company has signed contracts worth approximately CNY 1.096 billion with clients in Greece and Mexico for smart financial equipment, marking significant international expansion[72]. - The company has established a comprehensive smart banking solution, including software, hardware, and design, for the China Construction Bank, further solidifying its market position[71]. Strategic Development - The company plans to accelerate its strategic development in 2021, focusing on financial technology and urban intelligence as its two main business lines[6]. - The company aims to enhance its capabilities in AI algorithms, computing power, data, and scenarios as part of its "124" strategy[6]. - The company is actively pursuing mergers and acquisitions to strengthen its business ecosystem in financial technology and urban intelligence[7]. - The company is committed to enhancing its product offerings and market strategies through continuous innovation and technology integration[49]. - The company is focused on risk management and internal controls to ensure healthy and orderly operations[142]. Smart City and Technology Initiatives - The company has made significant progress in smart city projects, including winning bids for metro projects in multiple major cities[4]. - The company is leveraging new infrastructure opportunities to expand its smart city initiatives, focusing on areas such as smart transportation and public safety[40]. - The company launched several innovative projects in the smart transportation sector, including facial recognition terminals and smart ticketing solutions, capitalizing on the projected investment scale of 3.44 trillion yuan in the "new infrastructure" sector from 2020 to 2025[44]. - The company is actively participating in the development of the central bank's digital currency, supporting the integration of digital RMB with banking services[34]. - The company has developed a cloud management service for financial equipment, serving 200 banks and enhancing the efficiency and security of financial services[32]. Financial Management and Investments - The company reported a significant increase in cash and cash equivalents, with a net increase of ¥2,133,832,910.78, representing an 878.96% growth compared to the previous year[94]. - The total amount of investment income was ¥81,338,268.97, contributing 8.45% to the total profit[97]. - The company has established relationships with various banks for its financial management products, enhancing its investment opportunities[183]. - The total amount of contracts signed by the company includes a project with the Nanshan District Government for 161,380,000 CNY, which is 68% completed[187]. - The company has engaged in multiple financial products with varying amounts and return rates, indicating a diversified investment strategy[183]. Corporate Governance and Social Responsibility - The company emphasizes the importance of employee rights, adhering to labor laws and providing various insurance benefits to ensure legal rights are protected[189]. - The company has implemented a quality management system certified by ISO9001, focusing on quality as a core value and has received multiple quality awards[190]. - The company actively engages in social responsibility initiatives, including employment generation and community service activities[190]. - The company has committed to environmental protection, with minimal direct impact on the ecosystem and compliance with national environmental regulations[190]. - The company has established a talent management mechanism to attract and retain high-level professionals, focusing on strategic talent development[189]. Shareholder Returns and Dividends - The company distributed a cash dividend of 1.50 CNY per 10 shares for the year 2020, totaling 372,507,434.70 CNY, which represents 53.18% of the net profit attributable to ordinary shareholders[152]. - The cash dividend payout ratio for 2020 was 100% of the total profit distribution[154]. - The remaining undistributed profit for 2020 was 2,397,477,964.79 CNY, which will be carried forward to the next year[154]. - The company has maintained a consistent cash dividend policy over the past three years, with no capital reserve transfers during this period[153]. - The cash dividends for 2018 and 2019 were both set at 1.20 CNY per 10 shares, with total distributions of 289,079,274.12 CNY each year[153].