xldz(SZ:002546)2021-03-26 16:00Financial Performance - The company's operating revenue for 2020 was ¥574,921,920.35, a decrease of 20.14% compared to ¥719,887,134.82 in 2019[18]. - The net profit attributable to shareholders in 2020 was ¥183,399,028.77, representing a 9.97% increase from ¥166,772,208.50 in 2019[18]. - The basic earnings per share for 2020 was ¥0.22, up 10.00% from ¥0.20 in 2019[18]. - The total assets at the end of 2020 were ¥3,510,704,366.51, an increase of 1.98% from ¥3,442,609,725.12 at the end of 2019[18]. - The net assets attributable to shareholders increased by 6.43% to ¥3,164,066,051.06 at the end of 2020 from ¥2,972,800,459.25 at the end of 2019[18]. - The net cash flow from operating activities was ¥150,134,074.49, a decrease of 8.83% compared to ¥164,670,333.70 in 2019[18]. - The company reported a weighted average return on equity of 5.97% for 2020, compared to 5.71% in 2019[18]. Revenue Breakdown - The revenue from the electricity information collection business was CNY 385.03 million, down 17.57% year-on-year, accounting for 66.97% of total revenue[39][46]. - The smart electricity cloud service business generated CNY 48.52 million, a significant decline of 40.47% compared to the previous year, representing 8.44% of total revenue[46]. - The company's total revenue for Q1, Q2, Q3, and Q4 were approximately ¥87.41 million, ¥166.04 million, ¥157.93 million, and ¥163.55 million respectively, showing a strong performance throughout the year[22]. - Net profit attributable to shareholders for the same quarters was approximately ¥23.32 million, ¥40.51 million, ¥61.51 million, and ¥58.06 million, indicating significant growth in profitability[22]. Investment and R&D - The company invested CNY 45.80 million in R&D, which is 7.97% of total operating revenue, and obtained 2 new national invention patents[42]. - The company reported a total of 29 invention patents by the end of the reporting period, reflecting its strong commitment to research and development[34]. - The company has established a post-doctoral innovation practice base and passed the high-tech enterprise re-examination[42]. - The company has focused on continuous innovation, achieving several awards for technological advancements in the electricity sector, which strengthens its competitive edge[34]. Cash Flow and Financial Position - The net cash flow from operating activities improved significantly, with Q4 showing a positive cash flow of approximately ¥152.50 million compared to a negative cash flow of approximately ¥59.00 million in Q1[22]. - The net cash flow from investment activities turned negative, with a net outflow of approximately 339.55 million yuan, a significant decrease compared to the previous year[62][63]. - The total amount of cash and cash equivalents decreased by approximately 212.52 million yuan, reflecting a 193.08% decline compared to the previous year[63]. - The company's trading financial assets increased significantly by 69.15% to CNY 2,427,564,748, mainly due to the purchase of financial products during the reporting period[67]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥1.20 per 10 shares, totaling approximately ¥100,000,000 based on 834,049,096 shares[6]. - The proposed cash dividend for 2020 is 1.20 CNY per share, amounting to a total of 100,085,891.52 CNY, which represents 54.57% of the net profit attributable to shareholders[98]. - The company has committed to maintaining a cash dividend ratio of at least 40% during its mature development stage[98]. - The company has committed to distributing no less than 10% of the annual distributable profits in cash over the next three years, with a cumulative distribution of at least 30% of the average annual distributable profits during this period[100]. Corporate Governance and Compliance - The company has not experienced any changes in its controlling shareholder since its listing[17]. - The company does not have any significant uncertainties regarding its ability to continue as a going concern[19]. - The company has not faced any major litigation or arbitration matters during the reporting period[108]. - The company has maintained normal performance of commitments made regarding avoiding competition and tax liabilities related to share transfers[100]. Operational Efficiency and Management - The internal management system was further improved, enhancing decision-making efficiency and operational compliance[43]. - The company will focus on developing a variety of products and improving product functionality to enhance its competitive edge in the market[91]. - The company has established a comprehensive quality management system to monitor product quality throughout the entire process[143]. - The company has implemented a performance assessment system to enhance employee motivation and competitiveness[180]. Employee and Workforce Information - The company employed a total of 927 staff, with 239 in the parent company and 688 in major subsidiaries[178]. - The professional composition of employees includes 410 production personnel, 105 sales personnel, and 313 technical personnel[179]. - The company has 31 employees with a master's degree or above, and 246 with a bachelor's degree[179]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 3.26 million[177]. Environmental and Social Responsibility - The company is not classified as a key pollutant discharge unit by environmental protection authorities and has obtained ISO14001 environmental management system certification[141]. - The company emphasizes employee welfare, providing competitive compensation and a comfortable working environment[144]. - The company has a solid understanding of electricity user needs and has developed an environmental facility monitoring system to support ecological management[89]. Future Plans and Strategic Direction - The company has established a strategy to transition from an electricity equipment supplier to a comprehensive energy service provider[90]. - The company aims to increase the number of platform customers for its smart electricity cloud service to meet project planning goals while ensuring data quality[91]. - The company plans to enhance service quality and response speed in its electricity information collection business to improve customer satisfaction[91].