深赛格B(200058) - 2019 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2019 was ¥1,493,227,561.06, a decrease of 7.01% compared to ¥1,605,787,472.11 in 2018 [6]. - Net profit attributable to shareholders was ¥78,447,278.89, representing a significant increase of 181.65% from ¥27,852,740.23 in the previous year [6]. - The net profit after deducting non-recurring gains and losses was -¥1,694,690.46, a decline of 109.84% compared to ¥17,223,506.49 in 2018 [6]. - The net cash flow from operating activities increased by 156.75% to ¥430,499,191.36 from ¥167,674,153.73 in 2018 [6]. - Basic and diluted earnings per share were both ¥0.0635, up 182.22% from ¥0.0225 in 2018 [6]. - Total assets at the end of 2019 were ¥6,190,598,894.81, a decrease of 13.15% from ¥7,128,009,738.20 at the end of 2018 [6]. - The weighted average return on equity was 4.17%, an increase of 2.70% compared to 1.47% in 2018 [6]. - The company achieved total revenue of 149,323 million yuan, a decrease of 11,904 million yuan or 7.38% year-on-year [33]. - The total profit reached 19,896 million yuan, an increase of 10,464 million yuan or 110.94% year-on-year [33]. - Revenue from property sales decreased by 24,321 million yuan, while income from electronic markets and property leasing increased by 18,205 million yuan [33]. Dividend Distribution - The company plans to distribute a cash dividend of 0.30 RMB per 10 shares to all shareholders, based on a total of 1,235,656,249 shares [3]. - The company reported a net profit attributable to shareholders of RMB 127,324,576.17 for the fiscal year 2019, with a proposed cash dividend of RMB 0.30 per 10 shares [113]. - The cash dividend for 2019 amounts to RMB 37,069,687.47, representing 47.25% of the net profit attributable to shareholders [116]. - The company did not propose any capital reserve transfer to increase share capital for the fiscal year 2019 [113]. - For the fiscal year 2018, the net profit attributable to shareholders was RMB 140,520,616.46, with a cash dividend of RMB 0.35 per 10 shares [113]. - The cash dividend for 2018 was RMB 43,247,968.70, which accounted for 155.27% of the net profit attributable to shareholders [116]. Business Operations - The company has not reported any changes in its main business operations or controlling shareholders during the reporting period [14]. - The company's main business includes electronic professional markets, commercial property management, commercial real estate, business hotel operations, and new energy sectors [24]. - In 2019, the commercial property sector in the Huaqiangbei area maintained a relatively stable operation, but some properties experienced an increase in vacancy rates in Q4 [24]. - The company has established over 20 electronic professional markets across the country, forming a nationwide chain system with high brand influence [30]. - The company aims to transform from a single commercial platform operation to a multi-format composite business model [30]. Market Conditions - The supply of commercial land in first-tier cities decreased by over 25% year-on-year, while transaction volume fell by over 35% [25]. - The overall vacancy rate for grade A office buildings in Xi'an increased by 4.2 percentage points to 33.5% in 2019 [26]. - The company’s electronic professional market business continues to face intense competition from changing consumer habits and the impact of e-commerce [33]. - The company anticipates challenges in its electronic professional market and commercial property operations due to intense competition and the impact of the COVID-19 pandemic [102]. Investment and Financing - The company expects to secure additional financing of 280 million for 2020 [44]. - The company has various mortgage loans totaling 117.85 million, with interest rates ranging from 5.225% to 7.301% [43]. - The company has completed the overall leasing of the commercial podium of Nantong Seg Times Square to Red Star Macalline [46]. - The company plans to explore strategic acquisitions to bolster its market presence and operational capabilities [95]. - The company is actively seeking partnerships with commercial banks to secure short-term liquidity and optimize its debt structure for financial stability [104]. Legal and Compliance - The company has maintained compliance with relevant laws and regulations over the past three years, with no significant administrative penalties recorded [131]. - The company has not faced any major litigation or arbitration cases that remain unresolved, ensuring a stable legal environment for operations [132]. - The restructuring agreements have been established on fair and reasonable terms, ensuring legal validity and compliance with relevant laws [132]. - The company has committed to ensuring financial independence post-restructuring and compliance with relevant regulations, with a commitment period starting from August 3, 2016, and is currently in normal performance [119]. Social Responsibility - The company has assisted 19 impoverished households and 39 individuals through targeted poverty alleviation efforts [193]. - In 2019, the company completed a 292KW photovoltaic poverty alleviation power station project with a total investment of over 2.1 million yuan, benefiting 59 households and 148 individuals in the targeted village [194]. - The company is committed to fulfilling its social responsibility in poverty alleviation and environmental protection [195]. Corporate Governance - The company has committed to continuous improvement of its corporate governance structure following the restructuring [132]. - The company has undergone a change in its board of directors and supervisory board, with new members elected [200]. - The company is committed to enhancing its governance structure by appointing new executives and revising internal regulations [198].