盈建科(300935) - 2020 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2020 was ¥150,249,749.87, a decrease of 12.46% compared to ¥171,631,520.42 in 2019[16] - The net profit attributable to shareholders for 2020 was ¥55,430,101.57, down 15.86% from ¥65,881,527.02 in 2019[16] - The net cash flow from operating activities decreased by 49.84% to ¥36,239,760.84 in 2020, compared to ¥72,244,002.43 in 2019[16] - The total assets at the end of 2020 were ¥270,890,146.48, an increase of 22.89% from ¥220,424,812.47 at the end of 2019[16] - The net assets attributable to shareholders increased by 24.71% to ¥233,366,901.05 at the end of 2020, compared to ¥187,130,305.84 at the end of 2019[16] - The basic earnings per share for 2020 were ¥1.31, a decrease of 15.48% from ¥1.55 in 2019[16] - The weighted average return on equity for 2020 was 26.95%, down from 42.15% in 2019[16] - The total revenue for the year 2020 was CNY 150.25 million, a decrease of 12.46% compared to CNY 171.63 million in 2019[70] - The net profit for 2020 was CNY 55.43 million, down 15.86% from the previous year[64] Revenue and Profit Trends - Total revenue for the first quarter was 10,287,017.60, while the second quarter saw a significant increase to 59,966,992.55, followed by 28,942,888.67 in the third quarter and 51,052,851.05 in the fourth quarter[19] - The net profit attributable to shareholders was negative in the first quarter at -2,291,175.10, but turned positive in subsequent quarters with 34,016,619.57 in the second quarter, 10,846,549.04 in the third quarter, and 12,858,108.06 in the fourth quarter[19] - The net profit excluding non-recurring gains and losses also showed improvement, starting from -2,308,470.02 in the first quarter to 32,476,487.45 in the second quarter, 9,879,544.38 in the third quarter, and 12,582,577.37 in the fourth quarter[19] - The net cash flow from operating activities was negative in the first quarter at -21,091,222.28, but improved to positive values of 18,161,876.93 in the second quarter, 15,046,935.41 in the third quarter, and 24,122,170.78 in the fourth quarter[19] Government Support and Subsidies - The company reported government subsidies amounting to 723,853.18 in 2020, compared to 150,002.26 in 2019 and 107,675.80 in 2018, indicating a significant increase in government support[22] Business Focus and Product Development - The main business focus is on the development and sales of architectural structure design software, providing comprehensive BIM design solutions for the construction industry[26] - The primary product, YJK architectural structure design software system, includes various modules for structural modeling, design, and analysis, catering to different construction needs[27] - The company aims to enhance its technology and product offerings in BIM key technologies to support the transformation and upgrading of the construction industry[26] - The company has developed a comprehensive suite of software products for structural design, including YJK-A for building structure calculation and YJK-F for foundation design, which utilize advanced finite element analysis techniques[28] - The YJK-AMCS software enables the design and automated production of prefabricated components, expanding its application from design units to manufacturers and contractors, making it one of the few software solutions covering the entire prefabricated design process[34] - The company is actively enhancing its BIM capabilities, having developed a BIM data collaboration platform that supports multi-disciplinary data integration across design, construction, and operation phases[42] - The YJK-XTGJ collaborative tool software allows for intelligent recognition of DWG construction drawings, facilitating data sharing and integration among different professional models, thus addressing the pain points in collaborative design[38] - The company has launched various overseas versions of its software, including YJK-CNE and YJK-EUR, which comply with international standards for structural design, catering to the needs of overseas projects[40] - The YJK-STS software automates the design of steel structure construction drawings, ensuring compliance with the latest standards and facilitating efficient design processes[32] - The YJK-GCJS software provides comprehensive auditing capabilities for structural designs, ensuring compliance with national standards and generating detailed audit reports[37] Research and Development - Research and development expenses amounted to CNY 27.44 million, representing 18.26% of total revenue[66] - The company's R&D team consists of 90 technical personnel with expertise in various fields, ensuring a strong competitive advantage in technology[58] - The number of R&D personnel increased to 80, representing 41.67% of the total workforce, up from 38.07% in the previous year[84] - The company plans to enhance R&D investment and expand its technical team to improve technology levels and product innovation[97] - The company has established a comprehensive R&D process to minimize the risks associated with innovation and ensure alignment with market trends[102] Market Strategy and Customer Engagement - The company is focusing on expanding its market presence and enhancing its product offerings through technological innovations[5] - The sales model includes a nationwide direct sales network supported by a marketing team and technical support personnel, ensuring comprehensive customer engagement[44] - The company emphasizes customer service with initiatives like expert seminars and online training, providing timely technical support through various channels[45] - The company aims to strengthen its marketing network and increase market share, particularly in second and third-tier cities[99] - The company has accumulated a strong client base, including top domestic design firms, which enhances brand image and facilitates the acceptance of new products[61] Financial Management and Governance - The company has implemented a structured internal management system to enhance operational efficiency and decision-making[66] - The company has a cash dividend policy that ensures continuous and stable returns to investors post-IPO[109] - The company is committed to adhering to regulatory requirements regarding shareholder equity and stock reduction policies[116] - The company has established measures to prevent any conflicts of interest and ensure that its actual controllers do not engage in competitive activities against the company[121] - The company has pledged to maintain transparency regarding any related party transactions that should be disclosed under legal regulations[121] - The company has committed to continuous improvement in its operational strategies to enhance shareholder value and protect investor interests[121] Employee and Management Structure - The total number of employees in the parent company is 192, with 85 in sales, 90 in R&D, 5 in finance, and 12 in administration[189] - The total employee compensation for the reporting period is CNY 73.1035 million, accounting for 72.33% of the total operating costs[191] - The company has established a comprehensive training and development system, utilizing a mixed training model to enhance employee skills and competencies[192] - The company’s management remuneration is determined based on profitability and performance completion[185] - The company has a diverse board with members having extensive backgrounds in engineering and management, contributing to strategic decision-making[171][172][173][174][175][176] Shareholder Information - The company plans to distribute a cash dividend of ¥8 per 10 shares, based on a total of 56,505,000 shares[5] - The company reported a cash dividend amount of 45,204,000, accounting for 81.55% of the net profit attributable to ordinary shareholders[113] - The company has a total of 5,000 million CNY in a low-risk entrusted wealth management product with a return rate of 3.20%[143] - The company has engaged with multiple banks for entrusted wealth management, including CITIC Bank and China Merchants Bank[143] Compliance and Legal Matters - The company did not experience any non-operating fund occupation by controlling shareholders or related parties during the reporting period[123] - There were no significant lawsuits or arbitration matters reported during the year[129] - The company did not engage in any major related party transactions during the reporting period[132] - The company has not initiated any targeted poverty alleviation programs during the reporting year, nor are there plans for such initiatives[150]