TJKJ(SH:600846)2024-04-26 11:07Financial Performance - The company's operating revenue for 2023 reached ¥5,672,814,946.73, representing a 43.88% increase compared to ¥3,942,751,497.09 in 2022[21] - The net profit attributable to shareholders for 2023 was ¥381,255,571.75, an increase of 8.21% from ¥352,343,278.60 in 2022[21] - The net cash flow from operating activities for 2023 was negative at -¥2,276,829,819.65, a decline of 214.06% compared to ¥1,996,102,817.45 in 2022[21] - The total assets as of the end of 2023 were ¥9,218,237,237.42, a decrease of 14.96% from ¥10,840,001,098.77 at the end of 2022[21] - The net assets attributable to shareholders increased to ¥3,828,485,698.76, up 7.74% from ¥3,553,327,617.69 in 2022[21] - The basic earnings per share for 2023 was 0.61 RMB, up from 0.56 RMB in 2022[23] - The diluted earnings per share also stood at 0.61 RMB, consistent with the previous year[23] - The weighted average return on equity was 10.23%, an increase of 0.09 percentage points from the previous year[23] Dividend and Shareholder Information - The company plans to distribute a cash dividend of ¥2 per 10 shares to all shareholders based on the total share capital as of the dividend record date[5] - The company has maintained a profit distribution ratio exceeding 30% of the net profit attributable to shareholders for 13 consecutive years[117] - The company distributed a cash dividend of 1.70 RMB per 10 shares, totaling 106,209,457.72 RMB, based on a total share capital of 624,761,516 shares[160] - The company declared a cash dividend of ¥124,952,303.20, which represents 32.77% of the net profit attributable to ordinary shareholders in the consolidated financial statements[164] Operational Highlights - The company signed new construction contracts worth 3.506 billion RMB, a significant increase of 97.64% year-on-year[34] - The company operated 19 sewage treatment plants, processing a total of 125 million tons of wastewater during the reporting period, achieving stable compliance with discharge standards[35] - The company completed 74 projects with a total value of 451.07 million RMB during the reporting period[78] - The total number of new projects signed during the reporting period was 104, with a total amount of RMB 350,576 million[82] - The total amount of orders on hand at the end of the reporting period was RMB 634,485 million, with RMB 399,751 million in unfinished projects[83] Investment and Growth Strategy - The company is focusing on green construction and digital transformation to enhance operational efficiency and sustainability[34] - The company established the Shanghai Tongyang Private Equity Investment Fund, focusing on investments in digitalization, intelligence, and green low-carbon circular economy sectors[37] - The company is investing in emerging industries such as digitalization, intelligence, and green low-carbon circular economy through the establishment of the Tongyang incubation fund[47] - The company aims to enhance its comprehensive service capabilities in urban construction, focusing on digitalization, green development, and regional integration[104] - The company plans to invest in the establishment of a technology incubation fund in Shanghai, indicating a focus on innovation and market expansion[147] Risk Management and Compliance - The company has outlined potential risks in its future development in the management discussion and analysis section[7] - The company faces risks related to industry policies, competition, business transformation, and safety in project implementation[108][110][111][112] - The company has established a robust internal control system to enhance operational efficiency and risk management[118] - The company has maintained compliance with pollution discharge standards, with no reported cases of exceeding discharge limits[175] Governance and Management - The board of directors held 11 meetings during the reporting period, ensuring diligent oversight of company operations[116] - The company has established a governance structure that includes a strategic committee, nomination committee, compensation and assessment committee, and audit committee to enhance decision-making efficiency[116] - The company has implemented a dedicated investor relations management strategy, including two performance briefings and one media reception during the year[117] - The company has actively communicated with minority shareholders to gather feedback on strategic directions and governance improvements[117] - The company has established specialized committees, including an Audit Committee and a Strategic Committee, to enhance governance[150] Environmental Responsibility - The company invested ¥2,445 million in environmental protection during the reporting period[172] - The company has established a mechanism for environmental protection and is classified as a key pollutant discharge unit[173] - The company processed a total of 125 million tons of wastewater in 2023, achieving 100% compliance with discharge standards[200] - The company has achieved a 100% complaint handling rate and a 100% effective control rate for significant environmental factors[199] Employee and Talent Management - The company has a total of 3,047 employees, with 2,587 in technical roles, indicating a strong focus on technical expertise[156] - The company aims to enhance its talent strategy by optimizing compensation structures and implementing long-term incentive mechanisms to attract and retain talent[158] - The company’s employee training program emphasizes skill enhancement and management training to foster a high-quality workforce[159] Research and Development - The company actively engages in research and development, obtaining several patents related to construction technology[87] - Research and development expenses rose to RMB 6.63 million, a significant increase of 74.16% compared to the previous year[57] - Total R&D investment was 66.30 million RMB, which is 1.17% of operating revenue[68] - The company has 348 R&D personnel, making up 11.42% of the total workforce[69]