雪人股份(002639) - 2020 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2020 was ¥1,458,378,294.45, a decrease of 3.65% compared to ¥1,513,568,678.62 in 2019[18]. - The net profit attributable to shareholders was a loss of ¥181,110,263.12, representing a decline of 418.15% from a profit of ¥56,926,436.82 in 2019[18]. - The net cash flow from operating activities decreased by 19.26% to ¥130,697,145.38 from ¥161,874,933.63 in the previous year[18]. - The basic earnings per share were -¥0.2687, down 417.99% from ¥0.0845 in 2019[18]. - Total assets at the end of 2020 were ¥3,957,656,162.89, a decrease of 1.42% from ¥4,014,646,983.53 at the end of 2019[18]. - The net assets attributable to shareholders decreased by 7.98% to ¥2,114,417,311.58 from ¥2,297,872,907.60 in 2019[18]. - The company reported a significant increase in non-recurring losses, with the net profit excluding non-recurring items at -¥184,921,609.00, compared to -¥36,699,640.09 in 2019, a decline of 403.88%[18]. - The weighted average return on net assets was -8.21%, down from 2.50% in the previous year[18]. - The gross profit margin for the refrigeration equipment manufacturing sector was 13.42%, down 5.52% from the previous year[45]. - The company reported a 10.11% decrease in sales of compressor products, totaling CNY 499.04 million[43]. Cash Flow and Investments - The net cash flow from operating activities turned positive in Q3 2020 with ¥110.62 million, and further increased to ¥187.24 million in Q4 2020[23]. - The company reported a significant decrease of 169.27% in net cash flow from investing activities, totaling -113,178,724.29 yuan, primarily due to reduced cash from investment recoveries[65]. - The company reported a loss of 1,586,568.58 yuan from investment income, which accounted for 0.76% of total profit[68]. - The company’s total revenue from the oil and gas technology service segment was significantly impacted by a shift in cost structure, with labor costs rising to 44.20% of total costs in 2020 from 34.94% in 2019[53]. Research and Development - The company has developed new low-carbon refrigerants and compressors, focusing on energy efficiency and environmental sustainability[30]. - The company is recognized as a provincial-level new research and development institution, indicating strong innovation capabilities in hydrogen energy systems[39]. - The company has invested 500.64 million in the development of hydrogen energy compressors, which are currently undergoing performance testing[62]. - Research and development expenses increased by 7.50% to CNY 89.94 million in 2020 from CNY 83.66 million in 2019[58]. - The company has established a training system focused on capability enhancement and talent reserve, conducting multiple training sessions in 2020[179]. Market Expansion and Strategy - The company is actively expanding its presence in the hydrogen energy sector, with ongoing research and development in hydrogen fuel cell components[32]. - The company aims to focus on low-carbon development in the refrigeration industry, aligning with national goals for carbon neutrality by 2060[79]. - The company plans to expand into emerging overseas markets while maintaining existing ones, anticipating foreign exchange fluctuations to impact performance[85]. - The company is focusing on expanding its brand advantage through enhanced market research and marketing strategies to stabilize its main business[89]. - The company aims to enhance its operational efficiency, targeting a 5% reduction in operational costs by the next fiscal year[175]. Governance and Compliance - The company has implemented a robust information disclosure process in compliance with the Shenzhen Stock Exchange regulations, enhancing governance and internal control management[116]. - The company has maintained a continuous relationship with its accounting firm for three years, with an audit fee of ¥1.1 million for the current period[111]. - The company has not faced any delisting situations or bankruptcy restructuring matters during the reporting period[111]. - The company has established an independent operational system, ensuring no reliance on the controlling shareholder for business activities[195]. - The company strictly adheres to legal regulations in its governance structure, ensuring independent operation from its controlling shareholder[183]. Shareholder Information - The company has not proposed any cash dividends for the fiscal year 2020, despite having positive distributable profits[98]. - The company has established a three-year shareholder return plan (2018-2020) to ensure a stable return mechanism for shareholders[96]. - The company has committed to distributing at least 30% of its distributable profits as cash dividends annually from 2018 to 2020, with the distributable profit for the year being the net profit attributable to shareholders[103]. - The total number of shareholders at the end of the reporting period was 55,991, with 53,358 being ordinary shareholders[144]. - The largest shareholder, Lin Rujie, holds 21.75% of the shares, amounting to 146,628,500 shares, with 69,019,300 shares pledged[145]. Employee and Management Structure - The total number of employees in the company is 3,910, with 156 in the parent company and 3,754 in major subsidiaries[177]. - The company has a professional composition of 2,333 production personnel, 406 sales personnel, 838 technical personnel, 44 financial personnel, 93 administrative personnel, and 196 other personnel[177]. - The total pre-tax remuneration for the board and senior management is 453.83 million[176]. - The management team is committed to strategic growth and operational efficiency, leveraging their expertise in various fields[161]. - The company has a strong management team with diverse professional backgrounds, including finance, engineering, and law, enhancing its operational capabilities[161][165].