DBG(SZ:300735)2020-04-28 16:00Financial Performance - The company's operating revenue for 2019 was ¥2,190,441,020.59, representing a 37.07% increase compared to ¥1,598,087,540.74 in 2018[22] - The net profit attributable to shareholders for 2019 was ¥429,125,008.04, a 57.01% increase from ¥273,318,283.38 in the previous year[22] - The net cash flow from operating activities reached ¥543,596,100.92, marking a significant increase of 150.57% compared to ¥216,941,396.07 in 2018[22] - The total assets at the end of 2019 amounted to ¥2,665,830,640.36, which is a 25.24% increase from ¥2,128,546,282.23 at the end of 2018[22] - The basic earnings per share for 2019 was ¥0.93, up 20.78% from ¥0.77 in 2018[22] - The weighted average return on equity for 2019 was 21.83%, an increase of 5.84% compared to 15.99% in 2018[22] - The net profit after deducting non-recurring gains and losses was ¥383,130,133.71, reflecting a 60.78% increase from ¥238,299,380.86 in 2018[22] Cash Flow and Assets - The net cash flow from operating activities in Q1 was CNY 154.15 million, Q2 was CNY 131.47 million, Q3 was CNY 81.20 million, and Q4 was CNY 176.77 million, highlighting a significant increase in Q4[25] - As of September 30, 2019, total current assets were CNY 2,572.15 million, with cash and cash equivalents at CNY 212.06 million[27] - Total liabilities amounted to CNY 1,060.58 million, with current liabilities at CNY 965.02 million, indicating a high level of short-term obligations[33] - The total equity attributable to shareholders was CNY 2,015.97 million, reflecting a stable equity position[36] - The total assets as of September 30, 2019, were CNY 3,112.98 million, showing a robust asset base[33] Revenue and Profitability - Total revenue for Q1 was CNY 440.50 million, Q2 was CNY 616.54 million, Q3 was CNY 491.65 million, and Q4 was CNY 641.75 million, showing a strong performance in Q2 and Q4[25] - Net profit attributable to shareholders for Q1 was CNY 82.08 million, Q2 was CNY 111.01 million, Q3 was CNY 112.81 million, and Q4 was CNY 123.22 million, indicating consistent growth throughout the year[25] - The company reported a total profit of CNY 347,207,805.70, adjusted to CNY 346,701,415.00 after adjustments, reflecting a decrease of CNY 506,390.70[40] Investments and R&D - The company’s R&D investment for 2019 was 71,291,402.50 yuan, representing 3.25% of total operating revenue[110] - The company holds 91 patents and 21 software copyrights, enhancing its technological capabilities[94] - The company plans to invest 200 million RMB in new technology development over the next two years to enhance product efficiency[185] Market Strategy and Expansion - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[25] - The company aims to expand production capacity and market share while enhancing the automation and information technology in manufacturing processes[141] - The company is expanding its market presence in Southeast Asia, targeting a 30% increase in sales in that region by the end of 2020[179] Dividend and Shareholder Returns - The company plans to distribute a cash dividend of ¥3 per 10 shares, with a capital reserve conversion of 4 shares for every 10 shares held[6] - The total cash dividend for the reporting period accounted for 100% of the distributable profit, which was 697,922,569.36 yuan[154] Compliance and Governance - The company has committed to enhancing its MES system and integrating it with information management systems to achieve comprehensive data collection and analysis[143] - The company emphasizes its responsibility to ensure accurate disclosures and maintain investor trust[193] - The company will adhere to relevant laws and regulations in the event of any violations of its commitments[194]