ZHUBO(300564)2025-04-27 07:45Financial Performance - The company achieved a net profit of 30.98 million yuan in 2024, a decrease of 62.67% compared to the same period last year[3]. - The net profit after deducting non-recurring gains and losses was -32.68 million yuan, primarily due to reduced project undertakings and slower implementation progress[3]. - The company's revenue for 2024 was ¥436,422,858.80, a decrease of 35.92% compared to ¥681,068,538.20 in 2023[18]. - The net profit attributable to shareholders for 2024 was ¥30,984,752.82, down 62.67% from ¥82,999,650.18 in 2023[18]. - The operating cash flow net amount for 2024 was ¥8,991,486.92, a drop of 78.77% from ¥42,348,566.38 in 2023[18]. - Basic earnings per share for 2024 were ¥0.19, down 62.75% from ¥0.51 in 2023[18]. - The total assets at the end of 2024 were ¥1,680,251,873.91, a decrease of 10.92% from ¥1,886,173,740.19 at the end of 2023[18]. - The net assets attributable to shareholders at the end of 2024 were ¥1,303,203,911.17, down 4.13% from ¥1,359,343,158.35 at the end of 2023[18]. - The weighted average return on equity for 2024 was 2.33%, a decline of 3.75% from 6.08% in 2023[18]. - The company reported a significant decrease in design business revenue, with the adjusted revenue for 2024 being ¥431,436,607.31 compared to ¥678,496,922.21 in 2023[18]. Market Environment - The architectural design industry is experiencing a downturn, affecting the company's performance, which aligns with the industry trend of declining net profits or losses among peers[4]. - The company emphasizes the importance of risk awareness regarding market environment changes, competition, and regional market imbalances[6]. - The company has experienced uncertainty regarding its ability to continue as a going concern, as indicated by negative net profits in recent years[18]. - The real estate development investment in China decreased by 10.6% year-on-year in 2024, indicating challenges in the market[28]. Strategic Partnerships and Business Focus - The company has established strategic partnerships with major real estate firms, including Poly Group and Vanke, to enhance its residential building design services[40]. - The company is actively exploring opportunities in affordable housing and rental housing projects in response to national policies[40]. - The company aims to leverage its brand and technological advantages to expand its service offerings and increase market share in the future[33]. - The company is committed to transforming into a comprehensive solution provider in architectural design and engineering management, leveraging core technologies like prefabricated buildings and BIM[131]. Research and Development - The company invested a total of ¥29,002,289.02 in R&D for 2024, a decrease of 36.77% from ¥45,867,005.29 in 2023[98]. - The number of R&D personnel decreased from 165 in 2023 to 104 in 2024, a reduction of 36.97%[103]. - The company is focusing on optimizing its R&D structure and investment strategy to enhance efficiency and innovation[103]. - The company plans to increase R&D investment in emerging technologies such as cloud service design, AR, VR, BIM, and digital twin technologies to maintain its industry-leading position[133]. Awards and Recognition - The company has been recognized as a leading player in the construction design industry, achieving 2nd place in the WA 100 2022 ranking by Building Design magazine[33]. - The company has won over 30 national and provincial BIM awards, with notable projects including the Shenzhen Natural History Museum, which received the first prize in the 2023 Longtu Cup National BIM Competition[55]. - The company has received multiple design awards for its hotel and resort properties, including the Platinum Award at the American Muse Design Awards for the Shenzhen Wanke Langqi Yacht Club Hotel[46]. Corporate Governance - The company is committed to maintaining high standards of corporate governance and transparency in its operations[164][165]. - The board of directors held a total of 8 meetings during the reporting period[176]. - The company approved the financial report for the year 2023, which includes a detailed analysis of the financial performance and key metrics[181]. - The company plans to appoint a new financial officer for the fiscal year 2024, emphasizing the importance of aligning with the company's operational realities[181]. Employee Management - The company reported a total of 1,030 employees at the end of the reporting period, with 902 being technical personnel[186]. - The company has developed a training program aimed at enhancing the technical and management skills of its employees, particularly for design personnel[188]. - The company emphasizes a performance-based compensation system to attract and retain key talent, aligning employee interests with company goals[187]. Future Outlook - The company aims to leverage national policies and industry development opportunities to expand its business scale and improve profitability[36]. - The implementation of the Guangdong-Hong Kong-Macao Greater Bay Area development plan is expected to create significant market demand for the company's services[74]. - The company plans to distribute a cash dividend of 5 yuan per 10 shares (including tax), totaling 80,657,600 yuan, which represents 100% of the total profit distribution[191].