大地海洋(301068) - 2023 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2023 was ¥937,504,798.77, representing a 17.18% increase compared to ¥800,052,073.67 in 2022[22]. - The net profit attributable to shareholders for 2023 was ¥55,467,683.74, a slight increase of 0.38% from ¥55,257,046.31 in 2022[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥47,289,302.61, up 5.28% from ¥44,917,783.16 in 2022[22]. - The total assets at the end of 2023 were ¥1,334,452,931.47, an increase of 8.32% from ¥1,231,909,381.18 at the end of 2022[22]. - The cash flow from operating activities for 2023 was ¥23,998,887.98, a significant decrease of 61.63% compared to ¥62,549,959.95 in 2022[22]. - The company reported a basic earnings per share of ¥0.66 for 2023, unchanged from 2022[22]. - The weighted average return on equity for 2023 was 6.89%, a decrease of 0.36 percentage points from 7.25% in 2022[22]. - The total operating revenue for 2023 reached ¥937,504,798.77, representing a year-on-year increase of 17.18% compared to ¥800,052,073.67 in 2022[75]. - Revenue from hazardous waste management amounted to ¥230,181,370.42, accounting for 24.55% of total revenue, with a slight increase of 1.19% from the previous year[75]. - Revenue from electronic waste reached ¥692,796,036.46, making up 73.90% of total revenue, but saw a decrease of 1.60% compared to the previous year[75]. Cash Dividend Policy - The company plans to distribute a cash dividend of 2.5 RMB per 10 shares to all shareholders, based on a total of 83,066,294 shares[4]. - The cash dividend distribution for 2023 is set at 2.5 CNY per 10 shares, amounting to a total of 20,766,573.50 CNY, which represents 100% of the total profit distribution[200]. - The company's distributable profit for the year is reported at 163,943,923.12 CNY, indicating a strong capacity for cash dividends[200]. - The board of directors has established a differentiated cash dividend policy, with a minimum cash dividend ratio of 80% for mature companies without significant capital expenditure plans[196]. - The cash dividend policy has been executed in compliance with the company's articles of association and shareholder resolutions[199]. - The cash dividend distribution plan was approved in the board and shareholder meetings held on March 30 and April 21, 2023, respectively[198]. Risk Management - The report emphasizes the importance of risk awareness regarding future plans and development strategies, indicating potential uncertainties[4]. - The company is committed to addressing potential risks in its management practices, as outlined in the report[4]. - A risk identified includes potential declines in product prices due to fluctuations in market demand and commodity prices[120]. - The company is also concerned about the risk of reduced subsidies for the waste electrical and electronic products processing fund, which could impact cash flow[121]. - The company faces risks related to hazardous waste management, including potential environmental pollution from improper handling of hazardous waste[124]. - The company has established strict safety management and quality control systems to mitigate risks associated with hazardous waste disposal[125]. Operational Strategy - The company operates several wholly-owned subsidiaries, enhancing its operational capabilities in environmental protection[16]. - The company is positioned to benefit from the domestic waste resource utilization industry, driven by policies prohibiting the import of foreign solid waste[32]. - The company is focusing on the development of "urban minerals" and the implementation of "waste-free city" pilot projects to enhance the resource utilization level of domestic solid waste[35]. - The company aims to become a leading service provider in the "waste-free city" initiative, focusing on the comprehensive utilization and safe disposal of solid waste[47]. - The company operates a one-stop service model for hazardous waste collection, transportation, storage, utilization, and disposal, enhancing its service capabilities[44]. - The company has established stable partnerships with over 8,000 waste-producing units in Zhejiang Province, including more than 5,000 auto repair enterprises[44]. Governance and Management - The company held one annual and one extraordinary shareholders' meeting during the reporting period, ensuring compliance with relevant regulations[136]. - The board of directors consists of 8 members, including 3 independent directors, and operates in accordance with legal and regulatory requirements[137]. - The supervisory board is composed of 3 members, ensuring effective oversight of the company's major matters and financial status[138]. - The company maintains independence from its controlling shareholders, ensuring no interference in decision-making or operations[139]. - The company has established an independent financial department with a standardized financial management system, ensuring independent financial decision-making[147]. - The management team consists of experienced professionals with backgrounds in environmental protection and management, enhancing the company's operational capabilities[157]. Research and Development - Research and development expenses increased by 2.58% year-on-year, amounting to ¥26,329,684.34[88]. - The number of R&D personnel increased to 59 in 2023, representing a growth of 5.36% compared to 56 in 2022[91]. - The company aims to enhance its core competitiveness through the development of new technologies and products, including a non-hazardous feeding process for LCD TV disassembly[90]. - The company has completed the development of an intelligent review system for electronic waste disassembly, increasing automation and efficiency in the process[91]. - The company is focused on enhancing its technological advantages and market position through continuous innovation and development of new strategies[90]. Employee Management - The total number of employees at the end of the reporting period was 634, with 220 in the parent company and 414 in major subsidiaries[190]. - The company had a total of 820 employees receiving salaries during the reporting period[190]. - The company aims to enhance its performance management standards and ensure fair compensation reflecting employee contributions[192]. - The company is focused on cultivating high-quality professional talent and enhancing leadership capabilities within its teams[193]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 8.2888 million yuan[178]. Compliance and Transparency - The company emphasizes transparency in information disclosure, adhering to legal regulations and ensuring equal access to information for all shareholders[140]. - The company has consistently adhered to regulatory requirements in its operations and decision-making processes[186]. - The board held a total of 8 meetings during the reporting period, with all members attending each meeting[184]. - The company did not receive any objections from the board members regarding company matters during the reporting period[185].