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汉宇集团(300403) - 2020 Q4 - 年度财报
Hanyu GroupHanyu Group(SZ:300403)2021-03-15 16:00

Financial Performance - The company's operating revenue for 2020 was ¥938,390,104.99, an increase of 8.64% compared to ¥863,796,022.40 in 2019[25]. - The net profit attributable to shareholders for 2020 was ¥204,598,538.70, representing a growth of 25.47% from ¥163,066,701.74 in 2019[25]. - The net profit after deducting non-recurring gains and losses was ¥180,777,613.13, up by 20.84% from ¥149,596,265.76 in 2019[25]. - The total assets at the end of 2020 reached ¥2,146,280,529.14, a 29.92% increase from ¥1,652,052,869.29 at the end of 2019[25]. - The company achieved a basic earnings per share of ¥0.34 in 2020, a rise of 25.93% compared to ¥0.27 in 2019[25]. - The net cash flow from operating activities for 2020 was ¥187,054,733.49, a decrease of 11.31% from ¥210,913,291.34 in 2019[25]. - The operating profit reached CNY 227.69 million, reflecting a growth of 26.81% year-on-year[49]. - The gross margin for drainage pumps was 37.49%, an increase of 1.08% compared to the previous year[57]. - The cash dividend amount for 2020 was CNY 66,330,000, representing 32.42% of the net profit attributable to ordinary shareholders[122]. Research and Development - The company has developed new products including dishwashing machine pumps, spa toilets, industrial robots, and components for electric vehicles, all of which possess independent intellectual property rights[8]. - The company is actively increasing its R&D efforts to strengthen its technological advantages and maintain brand competitiveness[13]. - The company has increased its R&D investment to expand the application of core patented technologies[35]. - The company invested CNY 45.55 million in R&D, accounting for 4.85% of operating revenue[50]. - The company is committed to increasing R&D investment to achieve breakthroughs in new pump products, functional water therapy toilets, industrial robots, and new energy vehicle components[108]. - The company completed several major R&D projects in 2020, including a BLDC washing machine drainage pump and an integrated water inlet valve[67]. - The company holds 558 authorized patents, including 81 domestic invention patents and 12 international invention patents[44]. - The company has 196 patent applications under review, including 118 invention patents and 73 utility model patents[45]. Market and Sales - The company reported a significant reliance on export sales, with revenue primarily denominated in USD and EUR, exposing it to exchange rate risks[6]. - The company faces risks related to market demand fluctuations, particularly in the home appliance sector, which could impact sales growth of its drainage pump products[9]. - The company has established long-term stable relationships with over 30 global household appliance manufacturers, enhancing its customer advantage[41]. - Major clients include leading appliance manufacturers such as Whirlpool, Electrolux, Samsung, Siemens, GE, Haier, and Midea[35]. - The domestic sales revenue grew by 27.41% to CNY 415.22 million, while export revenue decreased by 2.74% to CNY 523.17 million[55]. - The company is focusing on enhancing its brand value and market recognition through various promotional strategies[50]. - The company aims to maintain its leading position in the household appliance drainage pump market while expanding into related markets such as dishwashing pumps and smart water therapy toilets[106]. Risk Management - The company acknowledges the potential impact of new fundraising projects on its financial performance due to initial depreciation and amortization costs[10]. - The company recognizes the risks associated with insufficient market demand or slower-than-expected growth, which could negatively affect its financial status[9]. - The company has faced risks related to underutilization of new production capacity, which could lead to a decline in profit margins[110]. - Rising costs and expenses are anticipated due to company expansion, leading to potential decreases in gross and net profit margins[110]. - Management risks are associated with rapid company expansion, necessitating optimization of resource allocation and business processes[111]. Corporate Governance - The company has a clear cash dividend policy that aligns with its articles of association and protects minority shareholders' rights[116]. - The company has fulfilled all commitments made by its actual controllers and shareholders during the reporting period[124]. - The company has committed to not engaging in any business that competes with its main operations[125]. - The company has adhered to all commitments regarding shareholding and competition during the reporting period[125]. - The board of directors consists of 9 members, including 6 non-independent directors and 3 independent directors, with the current management team comprising 5 senior executives[177]. Investment and Projects - The company has completed the replacement of CNY 132.5683 million of prior investments with raised funds as of December 26, 2014[89]. - The "Dishwasher Circulation Pump Project" has faced delays, with the expected completion date extended to December 31, 2021, due to construction and planning permit issues[88]. - The "Industrial Robot Industrialization Project" was terminated due to poor market demand, with remaining funds redirected to supplement working capital[88]. - The company reported a total of CNY 7,896.02 million in permanent working capital, achieving 136.85% of the planned amount[87]. - The company is exploring opportunities for industrial extension and seeking cooperative projects that align with its development strategy through effective capital market means[109]. Employee and Workforce - The total number of employees in the company is 1,854, with 650 in the parent company and 1,204 in major subsidiaries[199]. - The company has 218 R&D personnel, indicating a strong focus on research and development[199]. - The total remuneration for directors and senior management during the reporting period amounts to 540.62 million yuan[199]. - The company has a total of 71 sales personnel, which may impact its market outreach[199]. - The remuneration for directors and senior management is determined based on external competitiveness and internal fairness[200].