WINBASE(002492)2020-03-23 16:00Financial Performance - The company's operating revenue for 2019 was CNY 274,846,038.36, representing a 7.96% increase compared to CNY 254,570,947.09 in 2018[16]. - The net profit attributable to shareholders for 2019 was CNY 52,684,420.25, a decrease of 8.51% from CNY 57,583,373.58 in 2018[16]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 44,429,803.36, down 10.02% from CNY 49,377,320.88 in 2018[16]. - The net cash flow from operating activities increased by 41.85% to CNY 153,381,133.92 in 2019, compared to CNY 108,125,382.67 in 2018[16]. - The total assets at the end of 2019 were CNY 1,631,164,794.82, reflecting a 4.67% increase from CNY 1,558,327,881.27 at the end of 2018[16]. - The net assets attributable to shareholders at the end of 2019 were CNY 1,281,257,506.36, up 3.06% from CNY 1,243,248,352.88 at the end of 2018[16]. - The basic earnings per share for 2019 was CNY 0.1301, a decrease of 8.51% from CNY 0.1422 in 2018[16]. - The diluted earnings per share for 2019 was also CNY 0.1301, reflecting the same decrease of 8.51% from CNY 0.1422 in 2018[16]. - The weighted average return on equity for 2019 was 4.18%, down from 4.71% in 2018[16]. Dividend Distribution - The company plans to distribute a cash dividend of CNY 0.4 per 10 shares, based on a total of 405,000,000 shares, with no bonus shares issued[4]. - The cash dividend distribution for 2018 was also 16,200,000.00 CNY, representing 28.13% of the consolidated net profit[113]. - The cash dividend for 2017 was 20,250,000.00 CNY, which accounted for 31.17% of the consolidated net profit[113]. - The company has maintained a consistent cash dividend policy over the past three years, with total cash dividends of 16,200,000.00 CNY in both 2018 and 2019[112]. - The total distributable profit available for shareholders as of December 31, 2019, was 272,963,596.72 CNY[115]. Revenue Sources - The main business income from warehousing was 131.21 million yuan, accounting for 47.74% of total revenue, with an increase of 8.04% year-on-year[45]. - The revenue from the unloading/terminal segment was ¥113,827,239.38, representing 41.42% of total revenue, with a year-over-year growth of 2.21%[46]. - Management services revenue surged by 201.89% year-over-year to ¥6,244,736.87, now accounting for 2.27% of total revenue[46]. - Domestic main business revenue totaled ¥251,284,242.39, making up 91.43% of total revenue, with a 6.98% increase compared to the previous year[48]. Investments and Financial Activities - The company made additional investments of 493.50 million yuan in a health industry fund and 2.5 million yuan in another venture capital project during the reporting period[40]. - The company issued bonds totaling 1 billion yuan with a coupon rate of 5.50%, and as of December 31, 2019, 74.08 million yuan of the raised funds had been utilized[41]. - The company reported a significant increase in other non-current assets to ¥78,378,962.19, which is 4.81% of total assets, up from 3.22% at the beginning of the year, primarily due to increased investments[67]. - The company made a total investment of RMB 100 million in debt investments, with RMB 91,173,452.00 actually invested by the end of the reporting period, generating cumulative returns of RMB 14,440,372.32[77]. Research and Development - Research and development expenses rose by 21.06% to ¥15,404,459.42, driven by increased R&D activities in Wuhan[57]. - The company completed 22 R&D projects in 2019, including advancements in liquid chemical storage and safety monitoring systems[58]. - The number of R&D personnel increased by 31.15% from 61 in 2018 to 80 in 2019, with R&D personnel accounting for 15.47% of the total workforce[61]. - R&D investment amounted to ¥15,404,459.42 in 2019, representing a 21.06% increase from ¥12,724,681.98 in 2018, and accounting for 5.60% of operating revenue[61]. Market Position and Strategy - The company is expanding its storage capacity to meet the growing demand in the chemical industry, with a focus on diverse storage solutions[37]. - The hazardous chemical storage industry is expected to grow, driven by increased demand for chemical products and stricter safety regulations[36]. - The company is actively pursuing mergers and acquisitions to enhance its market position and expand its service offerings[40]. - The company plans to leverage its existing core competitiveness in the petrochemical logistics industry to expand its hazardous materials warehousing services while consolidating existing clients[91]. Governance and Compliance - The company has established a comprehensive internal control system to protect the rights of shareholders and creditors[152]. - The company emphasizes environmental protection and sustainable practices as part of its operational philosophy[153]. - The company has established a sound governance structure in compliance with relevant laws and regulations, ensuring independent and transparent operations[193]. - The company has not faced any major litigation or arbitration matters during the reporting period[129]. Shareholder Information - The largest shareholder, Zhuhai Shiyou Chemical Co., Ltd., holds 42.60% of the shares, totaling 172,530,000 shares, with no change during the reporting period[162]. - The company has 33,453 ordinary shareholders at the end of the reporting period, an increase from 28,609 in the previous month[161]. - The total number of shares before the change was 405,000,000, with 1.70% being limited shares and 98.30% being unrestricted shares[159]. Employee and Management Structure - The total number of employees in the company is 517, with 223 in the parent company and 294 in major subsidiaries[187]. - The company has a total remuneration of 311.81万元 for directors and senior management during the reporting period[186]. - The company has a training program that includes management strategy, industry communication, and technical qualification training[190]. - The company maintains a strict independent operation from its controlling shareholder in terms of business, personnel, assets, and finance[194].