四会富仕(300852) - 2020 Q4 - 年度财报

Financial Performance - The total revenue for 2020 was 1.2 billion CNY, representing a year-on-year growth of 15%[13]. - The net profit attributable to shareholders for 2020 was 150 million CNY, an increase of 20% compared to the previous year[13]. - The company's operating revenue for 2020 was ¥650,210,428.32, representing a 35.70% increase compared to ¥479,159,812.52 in 2019[18]. - The net profit attributable to shareholders for 2020 was ¥120,468,234.72, a 37.21% increase from ¥87,799,480.07 in 2019[18]. - The gross margin for 2020 was reported at 35%, showing an improvement from 32% in the previous year[13]. - The company achieved a basic earnings per share of ¥2.49 in 2020, which is a 20.29% increase from ¥2.07 in 2019[18]. - The company achieved a total operating revenue of 650 million yuan in 2020, representing a year-on-year growth of 35.70%[53]. - The net profit attributable to the parent company was 120 million yuan, with a year-on-year increase of 37.21%[53]. Market Expansion and Strategy - The company plans to expand its market presence by increasing production capacity by 30% in the next fiscal year[5]. - Future guidance estimates a revenue growth of 10-15% for 2021, driven by new product launches and market expansion[5]. - The company has initiated a strategic partnership with a leading technology firm to enhance its product offerings and market reach[5]. - The company is exploring potential acquisitions to diversify its product line and enhance competitive advantage in the market[5]. - The company has established partnerships with well-known domestic enterprises such as Huazhong CNC and BYD to expand its market presence[29]. - The company added 89 new domestic customers during the reporting period, focusing on sectors such as industrial control, automotive, finance, and medical[55]. Research and Development - The company is investing 100 million CNY in R&D for new product development, focusing on high-density interconnect (HDI) technology[13]. - The company has developed new products including high-frequency and high-speed boards for 5G communications and power boards for new energy vehicles[29]. - The company added 18 new R&D projects during the reporting period, focusing on advanced PCB production technologies[77][78]. - The number of R&D personnel increased to 148, making up 14.27% of the total workforce[78]. - The company plans to increase R&D investment in high-demand markets such as millimeter-wave radar, 5G communication, and new energy vehicles in 2021[108]. Financial Position and Investments - The total assets at the end of 2020 reached ¥1,069,146,546.72, a 122.30% increase from ¥480,950,036.63 at the end of 2019[18]. - The net cash flow from operating activities for 2020 was ¥117,029,216.70, up 34.17% from ¥87,223,493.03 in 2019[18]. - The company raised a total of CNY 468,129,600 through its initial public offering, with a net amount of CNY 422,342,225.18 after deducting related issuance costs[94]. - The company reported a fair value change of CNY 1,418,856 for financial assets during the period, with a total of CNY 1,435,582,423 purchased and CNY 1,106,323,197 sold[90]. - The company has invested a total of ¥143,519.49 million in bank wealth management products, with an outstanding balance of ¥38,000.00 million[155]. Shareholder Returns and Dividends - The company reported a cash dividend of 4.00 CNY per 10 shares (including tax) and a capital reserve increase of 8 shares for every 10 shares held[5]. - The cash dividend payout ratio for 2020 was 18.80% of the net profit attributable to shareholders[124]. - The company distributed a total of ¥22,651,280.00 in cash dividends for the year 2020[124]. - The retained earnings attributable to shareholders at the end of 2020 amounted to ¥201,414,392.20, after accounting for the profit distribution and statutory reserve[121]. - The company plans to implement a share repurchase program within 10 trading days after the conditions are met, with a resolution to be made within 30 days after the plan is determined[126]. Environmental Responsibility - The company has maintained a strong focus on environmental protection, with no environmental responsibility accidents reported during the reporting period[60]. - The company emphasizes environmental protection and sustainable development, focusing on energy conservation and pollution reduction[158]. - The company has made significant investments in environmental protection measures, including hiring specialized personnel for waste management[159]. - The company has achieved compliance with the discharge standards for various pollutants, including total phosphorus at 0.123 mg/L against a limit of 32.757 kg[162]. - The company has implemented measures to control emissions of acidic gases, organic waste gases, and dust, achieving compliance with the "Comprehensive Emission Standard of Air Pollutants" (DB44/27-2001)[164]. Corporate Governance and Management - The company has a diverse board with members having extensive backgrounds in various industries, including technology and education[198][199][200]. - The current board includes independent directors with qualifications such as CPA and tax advisor, enhancing corporate governance[199]. - The management team includes professionals with significant experience in production management and sales, contributing to operational efficiency[200]. - The company has maintained a stable shareholder structure with no reported changes in actual controllers or major shareholders[187]. - The company has not reported any changes in the management team during the current period, indicating stability in leadership[198].