恒实科技(300513) - 2020 Q4 - 年度财报

Technology Development and Innovation - The company reported a significant focus on technology development and innovation to maintain its competitive edge in the software and information technology services industry[6]. - The company aims to become a leading provider of communication design and IoT application solutions in China, focusing on the opportunities presented by 5G and IoT[36]. - The company has engaged in extensive R&D in 5G communication planning, next-generation networks, and smart city information construction[39]. - The company is focusing on developing a core technology platform for IoT big data, with a strategic goal for the next three to five years[47]. - The construction cycle for the company's technology platform (H-iTMG) is planned for five years, aiming to unify technical standards across departments[51]. - The company has successfully implemented its management information platform (H-COT) in major projects, enhancing its competitive edge in user experience[52]. Financial Performance - The company's operating revenue for 2020 was CNY 1,417,027,880.90, representing a 0.96% increase compared to CNY 1,403,588,657.70 in 2019[27]. - The net profit attributable to shareholders for 2020 was CNY 107,031,691.00, a decrease of 33.04% from CNY 159,837,250.98 in 2019[27]. - The net profit after deducting non-recurring gains and losses was CNY 103,291,801.18, down 33.32% from CNY 154,916,611.82 in the previous year[27]. - The net cash flow from operating activities increased by 80.95% to CNY 113,577,354.89 from CNY 62,768,940.46 in 2019[27]. - The total assets at the end of 2020 were CNY 3,758,293,625.58, a 1.02% increase from CNY 3,720,385,520.80 at the end of 2019[27]. - The net assets attributable to shareholders increased by 3.08% to CNY 2,546,427,575.38 from CNY 2,470,228,146.16 in 2019[27]. - The basic earnings per share for 2020 were CNY 0.3412, a decrease of 33.36% from CNY 0.5120 in 2019[27]. - The weighted average return on net assets was 4.27%, down from 6.69% in the previous year[27]. Revenue Breakdown - Revenue from the power sector increased by 24.15% to ¥521.62 million, accounting for 36.81% of total revenue, while communication revenue rose by 25.27% to ¥603.74 million, making up 42.61% of total revenue[66]. - The total revenue from system integration was approximately ¥621.97 million, with a year-on-year increase of 18.26%[70]. - The company achieved a revenue of 1.417 billion yuan in 2020, representing a year-on-year growth of 0.96%[57]. - The communication sector generated revenue of approximately ¥603.74 million, reflecting a year-on-year increase of 25.27%[70]. Client Base and Market Presence - The company’s major clients include state-owned enterprises in energy, communication, government, finance, and transportation sectors, indicating a broad market potential[40]. - The company has established a strong presence in over 160 cities across multiple provinces, including Beijing, Guangdong, and Jiangsu[46]. - The company has secured multiple provincial-level 5G communication engineering design projects, including those for Liaoning Unicom and Tianjin Unicom, enhancing its market presence in the 5G sector[59]. - The Northeast region contributed 39.24% of total revenue, with a year-over-year growth of 11.66%, while the North China region saw a decline of 17.72%[66]. Talent Management and Human Resources - The company has implemented measures to mitigate talent loss and rising human resource costs by establishing a talent development system and competitive compensation packages[9]. - The number of R&D personnel decreased to 602, representing 30.00% of the total workforce[82]. - The company has established an annual training plan to enhance employee skills and support organizational goals[191]. Cash Dividend and Profit Distribution - The profit distribution plan approved by the board includes a cash dividend of 0.7 yuan per 10 shares, based on a total of 313,691,155 shares[14]. - The total cash dividend amount for 2020 was RMB 21,958,380.85, which represents 20.52% of the net profit attributable to ordinary shareholders[118]. - The company has maintained a consistent cash dividend distribution policy over the past three years, with the following dividends: RMB 1.5 in 2018, RMB 1.1 in 2019, and RMB 0.7 in 2020 per 10 shares[116]. Governance and Compliance - The company has not engaged in any major related party transactions during the reporting period, maintaining operational independence[134]. - The company’s financial statements were audited by Xinyong Zhonghe Accounting Firm for eight consecutive years, ensuring consistent oversight[129]. - There were no penalties or rectification measures imposed on the company during the reporting period, reflecting compliance with regulatory standards[132]. - The company has not reported any major contracts that have not been fulfilled during the reporting period[139]. Research and Development - Research and development expenses amounted to approximately ¥98.56 million, representing a year-on-year increase of 22.93%[81]. - R&D expenditure accounted for 6.96% of operating revenue in 2020, up from 5.71% in 2019[84]. - The company holds a total of 46 invention patents, 75 utility model patents, and 286 software copyrights as of the end of the reporting period, reflecting its commitment to R&D[62]. Corporate Social Responsibility - The company donated 10,000 protective masks to support COVID-19 prevention efforts in February 2020[152]. - The company has not been classified as a key pollutant discharge unit by environmental protection authorities[156]. Shareholder Information - The total number of shareholders at the end of the reporting period was 28,244, with a significant increase in the number of shareholders compared to the previous month[166]. - The company has a total of 9,728,949 unrestricted shares held by Qian Sujin, which are subject to pledge[166]. - The company has a total of 1,950,600 unrestricted shares held by Gao Huiquan, which are not subject to any restrictions[166].