Core Viewpoint - Xingrong Environment reported a strong financial performance for 2024, with significant growth in revenue and net profit, driven by core business segments such as wastewater treatment and waste-to-energy projects [1] Financial Performance - The company achieved an operating revenue of 9.049 billion yuan, representing a year-on-year increase of 11.9% [1] - The net profit attributable to shareholders reached 1.996 billion yuan, up 8.28% compared to the previous year [1] - Operating cash flow amounted to 3.681 billion yuan, reflecting an increase of 8.61% [1] - Earnings per share grew to 0.67 yuan, and the company proposed a cash dividend of 1.87 yuan per 10 shares, a 10% increase from 2023 [1] Business Expansion - The company successfully expanded its market presence with new water supply and drainage projects in locations such as Wenjiang and Dayi, and completed the acquisition of a kitchen waste disposal project in Xi'an [1] - Xingrong Environment is diversifying into areas such as reclaimed water utilization, direct drinking water, and solid waste resource recovery, aiming to create multiple growth drivers [1] Project Development - Ongoing construction projects include the Qilong Water Plant and the Phoenix River Reclaimed Water Plant, which are expected to be operational within the year [2] - Other projects, such as the Chengdu Water Plant Phase III and the Qionglai Kitchen Waste Disposal Plant, are in testing or trial operation stages, with capacity expected to be released by 2025 [2] - The company is advancing its construction projects, including the Wanxing Environmental Power Plant Phase III and the Chengdu Central District Kitchen Waste Treatment Phase III, which will enhance processing capacity [2] Innovation and Management - The company is implementing a comprehensive management system through its "Five Centers" smart platform, promoting standardized operations across multiple subsidiaries [2] - Xingrong Environment aims to leverage opportunities in the digital era by integrating data-driven management and smart technology to achieve high-quality development [2]
兴蓉环境2024年年报出炉:核心业务助推业绩提升 数智化战略助力高质发展