Haige Communications(SZ:002465)2022-12-04 10:06Financial Performance - In 2019, the company achieved a revenue of 4.607 billion yuan, a year-on-year increase of 11.2% [4] - The total profit was 599 million yuan, up 23.6% year-on-year [4] - The net profit attributable to shareholders was 519 million yuan, reflecting a 19.3% increase [4] - The net profit after deducting non-recurring gains and losses was 350 million yuan, with a significant growth of 54.31% [4] - The company has implemented 9 cash dividend plans since its listing in 2010, with a cumulative net profit of 3.345 billion yuan and cash dividends of 1.763 billion yuan, resulting in an average dividend payout ratio of 53% [4] Business Development - The company focuses on four major business areas: wireless communication, Beidou navigation, aerospace, and software & information services [7] - In the first quarter of 2020, the company reported a revenue of 785.61 million yuan, a year-on-year growth of 4.07% [7] - The net profit attributable to shareholders in Q1 2020 was 31.51 million yuan, an increase of 1.36% year-on-year [7] Strategic Focus - The company aims to strengthen its core technology in wireless communication and expand into new markets such as intelligent unmanned systems and satellite internet [5][6] - In the Beidou navigation sector, the company is focusing on core technologies and has achieved significant milestones in the development of Beidou chips and systems [5][11] - The company is actively exploring the civil aviation market and has signed contracts for simulator development with major clients [6][11] Future Outlook - The company is optimistic about achieving its performance targets for 2020, focusing on major scientific research projects and expanding into new markets [12] - It plans to leverage its technological advantages in the 5G era to enhance its service capabilities and market presence [9][10] - The company is also exploring international market expansion and enhancing its product offerings [12]