海利得(002206) - 2020 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2020 was approximately ¥3.51 billion, a decrease of 12.48% compared to ¥4.01 billion in 2019[18]. - The net profit attributable to shareholders for 2020 was approximately ¥251.60 million, down 23.08% from ¥327.09 million in 2019[18]. - The net cash flow from operating activities decreased by 47.34% to approximately ¥381.60 million in 2020, compared to ¥724.64 million in 2019[18]. - Basic earnings per share for 2020 were ¥0.22, a decline of 21.43% from ¥0.28 in 2019[18]. - Total assets at the end of 2020 increased by 5.44% to approximately ¥5.87 billion, compared to ¥5.57 billion at the end of 2019[18]. - The net assets attributable to shareholders at the end of 2020 were approximately ¥2.90 billion, an increase of 3.55% from ¥2.80 billion at the end of 2019[18]. - The company reported a weighted average return on equity of 8.66% for 2020, down from 11.67% in 2019[18]. Dividend Distribution - The company plans to distribute a cash dividend of ¥2 per 10 shares to all shareholders based on a total share capital of 1,158,507,220 shares[7]. - The company declared a cash dividend of ¥231,701,444.00 for the year 2020, which represents 92.09% of the net profit attributable to ordinary shareholders[110]. - The cash dividend per 10 shares is set at ¥2.00 (including tax), based on a total share capital of 1,223,028,645 shares, with 1,158,507,220 shares eligible for distribution[111]. - The total distributable profit for the year is ¥788,769,213.81, with the cash dividend accounting for 100% of the profit distribution[111]. Business Operations and Strategy - The company has not experienced any changes in its main business since its listing[17]. - The company plans to establish a wholly-owned subsidiary in Vietnam with an annual production capacity of 110,000 tons of differentiated polyester industrial yarn, with 37,000 tons already in production[27]. - The company aims to increase its production capacity of tire cord fabric to 60,000 tons by completing the last production line for high-performance tire cord fabric in 2021[29]. - The company focuses on high-end markets and aims to accelerate new product development to meet market demands[30]. - The company’s differentiated products and services are strategically positioned to meet specific customer requirements, enhancing its competitive edge in the market[30]. - The company is actively enhancing its internationalization strategy to mitigate risks from trade frictions and improve competitiveness in the global market[38]. Research and Development - The company applied for 9 domestic invention patents and 3 PCT invention patents in 2020, demonstrating its commitment to research and development[51]. - The company has established a new materials research center in Shanghai to support ongoing and future projects, strengthening its competitive edge[51]. - The company is focusing on differentiated high-quality product development and expanding its customer base, with an increasing proportion of automotive products in its sales[33]. Market Presence and Partnerships - The company has successfully entered the supply chains of major international tire manufacturers such as Michelin and Bridgestone, enhancing its reputation in the global market[32]. - The company has established partnerships with leading tire manufacturers such as Sumitomo, Michelin, and Continental, enhancing its market presence in the curtain fabric sector[51]. - The company’s polyester industrial yarn products are highly regarded in the industry, with a focus on strategic partnerships with global tire manufacturers and automotive safety component manufacturers[27]. Environmental and Safety Management - The company has maintained a strong focus on safety and environmental management, successfully passing the provincial carbon emission verification and achieving ISO45001 certification[54]. - The company has established three wastewater treatment facilities with a treatment capacity of 600 tons/day and 195 tons/day, respectively, and a water reuse facility with a design capacity of 1,000 tons/day[139]. - The company has received environmental approval for the annual production of 9.3 million square meters of high-end film materials project, which is now in the public announcement stage[141]. Corporate Governance - The company has conducted multiple investor meetings throughout 2020 to discuss business development and future plans[102]. - The company has maintained a stable management team with no changes in key personnel during the reporting period[167]. - The independent directors actively participated in company meetings and provided independent opinions on daily operations and equity incentives, ensuring the protection of shareholders' rights[199]. Financial Management - The company implemented a comprehensive budget management system to effectively control expenses and reduce costs, achieving significant results in cost reduction[56]. - The company has optimized its supplier evaluation standards and completed 50 supplier audits in 2020, enhancing quality control and supplier management[55]. - The company has a total of 4 valid invention patents related to polyester industrial yarn, enhancing product performance and production efficiency[60].