御银股份(002177) - 2020 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2020 was ¥182,349,931.14, a decrease of 14.81% compared to ¥213,971,979.32 in 2019[18]. - The net profit attributable to shareholders for 2020 was ¥71,756,896.38, representing a 9.30% increase from ¥67,277,711.54 in 2019[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥21,744,050.71, a significant increase of 182.74% compared to -¥24,653,800.90 in 2019[18]. - The net cash flow from operating activities for 2020 was ¥58,629,917.61, down 42.74% from ¥95,918,976.65 in 2019[18]. - The total assets at the end of 2020 were ¥1,780,200,827, reflecting a slight increase of 0.18% from ¥1,758,222,938 in 2019[19]. - The net assets attributable to shareholders at the end of 2020 were ¥1,705,140,160, an increase of 4.32% from ¥1,637,254,324 in 2019[19]. - The company reported a basic earnings per share of ¥0.0943 for 2020, up 9.40% from ¥0.0884 in 2019[18]. - The total profit amounted to ¥80,313,890.60, reflecting a growth of 14.10% year-over-year[34]. - The company achieved a net profit of CNY 213.31 million for the year 2020, with a distributable profit of CNY 641.40 million[100]. Dividends and Shareholder Information - The company reported a cash dividend of 0.10 RMB per 10 shares based on a total share capital of 761,191,294 shares as of December 31, 2020[5]. - A cash dividend of CNY 0.10 per share (including tax) is proposed, totaling CNY 7.61 million, based on a total share capital of 761,191,294 shares[103]. - The company did not distribute any dividends in 2019 and 2018, with retained earnings carried forward to subsequent years[101]. - The company has a policy of distributing at least 80% of profits as cash dividends during its mature development stage[103]. - The company reported a 10.61% cash dividend payout ratio relative to its net profit for 2020[102]. - The total number of ordinary shareholders at the end of the reporting period was 107,069, down from 113,215 at the end of the previous month[146]. - Shareholder Yang Wenjiang holds 19.07% of the shares, totaling 14,519,825 shares, with a decrease of 75,524 shares during the reporting period[146]. Business Operations and Strategy - The company has not changed its main business since its listing, and there have been no changes in controlling shareholders[17]. - The company emphasizes the importance of risk awareness regarding industry and market risks as detailed in the report[5]. - The company has a strategic focus on market expansion and enhancing its technological capabilities[5]. - The company is actively involved in the development of new technologies and products, although specific figures are not provided in the report[5]. - The company is engaged in leasing idle properties from its technology park and subsidiaries, generating additional rental income[28]. - The company is actively expanding its overseas market presence and has received positive feedback for its foreign currency recognition algorithms[36]. - The company adjusted its business and management model in response to market changes and national policy trends[40]. - The company is exploring potential mergers and acquisitions to enhance its technology capabilities and market reach[76]. Research and Development - The company invested CNY 19,273,372 in R&D in 2020, a decrease of 36.76% compared to CNY 30,476,536 in 2019, representing 10.57% of operating revenue[57]. - The number of R&D personnel decreased by 3.15% from 127 in 2019 to 123 in 2020, while the proportion of R&D personnel increased from 36.92% to 44.60%[57]. - The company has established a digital currency research center to explore applications of digital currency in smart devices[32]. - The company is focusing on the development of artificial intelligence technologies to enhance financial services, including applications in identity verification and risk prevention[83]. - The company plans to strengthen research and development investments in new technologies within the financial technology sector, aiming to improve the level of financial technology[84]. Financial Assets and Investments - The company’s trading financial assets increased by ¥47,527,300, primarily due to stock and fund purchases[29]. - The company’s construction in progress rose by ¥78,058,100, attributed to investments in the Yuyin Financial Electronic High-tech Park project[29]. - The company’s total investment in securities was CNY 749.34 million, with a fair value change of CNY 34.71 million[69]. - The company’s financial instruments included various equity investments with a total fair value of CNY 34,712.69 million[69]. - The company has ongoing significant non-equity investments, with a total investment of CNY 78,058,000 and cumulative actual investment of CNY 114,466,000 in specialized equipment manufacturing[66]. Corporate Governance and Compliance - The company has maintained a consistent relationship with its accounting firm, which has provided audit services for 15 years[113]. - The audit department will conduct quarterly audits of the company's securities investment activities to ensure compliance and risk management[96]. - The company has not reported any changes in shareholding among its directors and senior management during the reporting period[158]. - The company emphasizes transparent information disclosure, utilizing multiple channels to communicate with investors[177]. - The company has established a complete and independent organizational structure, separating its operations from the controlling shareholder and other related parties[180]. Market Risks and Challenges - The company faces industry risks due to the decline of cash transactions and increased competition in the market, but it has a strong technological foundation in blockchain and AI to adapt[93]. - The company is adjusting its product structure and industry strategy to address market risks stemming from the standardization of hardware products and the evolving needs of banking clients[93]. - The company emphasizes the importance of market analysis and information gathering before making investment decisions to prevent operational risks[95]. Employee and Management Information - The total number of employees in the company is 276, with 121 in the parent company and 155 in major subsidiaries[167]. - The company has a comprehensive training plan to develop employees at all levels[169]. - The total remuneration for directors and senior management during the reporting period is 242.74万元, with the highest being 48.02万元 for the chairman and general manager[166]. - The management team is committed to enhancing corporate governance and operational efficiency through their diverse expertise[162]. Audit and Financial Reporting - The audit opinion issued was a standard unqualified opinion, confirming that the financial statements fairly reflect the company's financial position and operating results for the year 2020[198]. - The company reported zero significant defects in financial and non-financial reporting, indicating strong internal control measures[193]. - The company's financial reporting adheres to the Chinese accounting standards, ensuring transparency and accuracy in financial disclosures[198].