激智科技(300566) - 2019 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2019 was ¥1,096,211,086.27, representing a 20.67% increase compared to ¥908,443,997.71 in 2018[20]. - The net profit attributable to shareholders for 2019 was ¥64,658,514.11, a 51.67% increase from ¥42,630,680.08 in 2018[20]. - The company's total assets at the end of 2019 were ¥1,991,483,275.79, up 4.88% from ¥1,898,897,869.41 at the end of 2018[20]. - The company achieved a basic earnings per share of ¥0.42 in 2019, reflecting a 55.56% increase from ¥0.27 in 2018[20]. - The company's net profit after deducting non-recurring gains and losses for 2019 was ¥39,025,172.96, a 21.27% increase from ¥32,181,156.37 in 2018[20]. - The gross margin for 2019 was reported at 45%, an increase from 42% in 2018, reflecting improved operational efficiency[95]. - The company reported a total revenue of 1.5 billion RMB for the year 2019, representing a year-on-year growth of 20%[94]. Cash Flow and Investments - The net cash flow from operating activities for 2019 was ¥120,830,682.06, a significant recovery from a negative cash flow of ¥33,955,611.71 in 2018[20]. - Operating cash inflow increased by 30.35% to ¥1,071,304,285.02, attributed to expanded sales scale[63]. - Total cash and cash equivalents increased by ¥78,168,185.91, reversing a decrease of ¥6,066,230.60 in the previous year[63]. - The company reported a significant decrease in investment amounting to CNY 30,600,000, down 58.57% from the previous year's investment of CNY 73,860,000[73]. - The company has increased its prepayments by 11,280,570.10 CNY, a rise of 251.13%, due to higher material procurement payments[35]. Research and Development - The company invested 84.54 million yuan in R&D, representing an 18.66% increase compared to the previous year[46]. - The company conducted 56 new R&D projects in 2019, focusing on optical functional films and solar backsheet films[60]. - The company has accumulated 64 patents, including 49 invention patents, enhancing its innovation capabilities[46]. - The company plans to invest 200 million RMB in R&D for new technologies in 2020, aiming to improve product efficiency by 15%[94]. - The company plans to further develop high-end optical films and expand its product offerings in the renewable energy sector[44]. Market and Product Development - The company plans to continue focusing on R&D and innovation to maintain its leading position in the high-end display film market[30]. - The company has seen rapid growth in its photovoltaic backsheet film products, which have been certified by several leading companies in the industry[31]. - The company has successfully launched new high-end optical films, including quantum dot films and composite optical films, enhancing market share and solidifying its leading position in the global high-end display film market[32]. - The company is actively pursuing market expansion and new product development in the functional film sector[44]. - The company has successfully launched dual and triple composite optical films, which are expected to be significant profit growth points in the future[37]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of 0.5 RMB per 10 shares (including tax) based on a base of 155,200,500 shares, with no bonus shares issued[10]. - The company has consistently distributed cash dividends over the past three years, with the 2018 and 2019 dividends both being RMB 7,760,025[92]. - The company aims to become the "largest, most profitable, and most respected functional film company globally" as part of its strategic development[80]. Corporate Governance and Compliance - The company has maintained compliance with corporate governance standards, ensuring that its governance structure aligns with regulatory requirements[177]. - The company has established a robust information disclosure system, ensuring timely and accurate communication with investors[179]. - The audit committee confirmed that the external auditor provided an unqualified opinion on the annual financial report, ensuring compliance with auditing standards[189]. - The company has not engaged in any related party transactions that would constitute unfair competition with the controlling shareholder[183]. - The company has committed to not transferring benefits to other entities or individuals under unfair conditions, ensuring the protection of shareholder interests[101]. Employee and Management Information - The total number of employees in the company is 647, with 314 in the parent company and 333 in major subsidiaries[170]. - The company has implemented various training programs focusing on R&D, technology, and sales teams, enhancing professional skills and internal communication[173]. - The total remuneration for directors and senior management during the reporting period amounts to 409.7万元[169]. - The remuneration for the chairman and general manager, Zhang Yan, is 53.5万元[168]. Strategic Outlook - The company provided a performance guidance for 2020, projecting a revenue growth of 25% compared to 2019[94]. - Future guidance suggests a projected revenue growth of approximately 15% for the upcoming fiscal year, driven by new product launches and market expansion efforts[159]. - The company plans to maintain a cash dividend of RMB 0.5 per share for 2019, totaling RMB 7,760,025, which represents 12% of the net profit attributable to ordinary shareholders[92].