大富科技(300134) - 2020 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2020 was ¥2,185,546,100.50, a decrease of 6.50% compared to ¥2,337,566,465.61 in 2019[29]. - The net profit attributable to shareholders in 2020 was ¥35,552,222.56, a significant improvement of 110.03% from a loss of ¥354,517,352.05 in 2019[29]. - The net cash flow from operating activities decreased by 72.99% to ¥157,586,095.42 in 2020, down from ¥583,462,618.53 in 2019[29]. - The basic earnings per share for 2020 was ¥0.05, compared to a loss of ¥0.46 per share in 2019, marking a 110.87% increase[29]. - The total assets at the end of 2020 were ¥6,153,154,595.66, a slight decrease of 0.85% from ¥6,205,607,480.37 at the end of 2019[29]. - The company reported a non-recurring gain from the disposal of non-current assets amounting to ¥78,258,377.35 in 2020, compared to ¥4,240,322.50 in 2019[35]. - The company's quarterly revenue for Q4 2020 was ¥536,383,592.37, showing a recovery trend compared to previous quarters[32]. - The company achieved total operating revenue of 2,185.55 million yuan, a decrease of 6.50% compared to the previous year[57]. - Operating profit was 51.76 million yuan, a significant increase of 112.75% from a loss of 405.87 million yuan in the previous year[57]. - The company reported an investment income of ¥149,718,516.97, representing 363.95% of total profit[103]. Research and Development - The company is actively involved in the research and development of new products, particularly in the field of RF components such as filters and duplexers[19]. - The company's R&D investment for the reporting period was 230 million, accounting for 10.53% of revenue, with an average annual R&D investment of about 200 million over the past three years[48]. - The company applied for 434 patents during the reporting period, a 4% increase year-on-year, and was granted 227 patents, representing a 103% increase compared to 2019[49]. - The company has developed multiple 5G communication modules, including a 6T6R duplexer and a 4TR filter, aimed at enhancing data communication capacity and coverage[92]. - The R&D projects focus on high-performance, high-reliability solutions for 5G systems, with a significant emphasis on multi-channel integration to meet large data communication needs[96]. - The company has introduced new products such as the 5G ceramic cavity filter and high-performance array antennas, which are in various stages of development and testing[96]. - The company has 15 ongoing research projects aimed at enhancing core competitiveness and sustainable development[89]. - The number of R&D personnel was 571 in 2020, accounting for 11.96% of the total workforce[95]. Market Strategy and Operations - The company reported a significant focus on the 5G communication industry, positioning itself as a key player in the full industry chain[2]. - The company has a diverse portfolio including smart terminal devices and industrial internet technologies, reflecting its market expansion strategy[2]. - The company has established a strong customer base, including leading global clients such as Huawei, Ericsson, Nokia, Apple, and Tesla, enhancing its market reputation[50]. - The company is focused on expanding its capabilities in the 5G communication system, aiming to address bottlenecks in large-scale construction and promotion[46]. - The company aims to maintain its leading position in RF products while expanding into high-end precision manufacturing services for smart terminals and automotive clients[144]. - The company has established a "one body, two wings" strategic layout, focusing on the development of three major business areas: E (consumer electronics), R (communication RF), and A (automotive parts) with a mature shared intelligent manufacturing platform[145]. Financial Management and Investments - The company plans not to distribute cash dividends or issue bonus shares, indicating a strategy to reinvest profits[13]. - The company has not made any significant changes to its asset measurement attributes during the reporting period[107]. - The total amount of committed investment projects is CNY 345 million, with an adjusted investment amount also at CNY 345 million[114]. - The cumulative investment amount as of the end of the reporting period is CNY 203.4 million, representing an investment progress of 59%[114]. - The company has invested ¥700,120 thousand in bank wealth management products, with an outstanding balance of ¥151,800 thousand[184]. - The company plans to use no more than CNY 1.6 billion of raised funds to purchase low-risk, high-liquidity financial products[118]. Environmental Responsibility - The company has a commitment to environmental protection and sustainable practices in its operations[195]. - The company invested RMB 1 million to establish a wastewater treatment station to meet environmental protection requirements[200]. - The company has constructed a total of 11 air pollution control facilities, along with wastewater treatment facilities, all operating normally and meeting discharge standards[200]. - The company conducts annual third-party testing of wastewater and noise to ensure compliance with discharge standards[200]. - The company has invested in pollution prevention facilities, ensuring legal production and environmental management[200]. Corporate Governance and Compliance - The company is committed to maintaining accurate and complete financial reporting, ensuring transparency for investors[8]. - The controlling shareholder, Shenzhen Dafu Peitian Investment Co., Ltd., committed to a 36-month lock-up period for shares post-IPO, which has been strictly adhered to[154]. - There were no non-operating fund occupations by the controlling shareholder or related parties during the reporting period[157]. - The company did not face any bankruptcy reorganization issues during the reporting period[163]. - All commitments made by the company and its related parties were fulfilled without any violations during the reporting period[154].