奥飞数据(300738) - 2020 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2020 was ¥840,536,930.01, a decrease of 4.79% compared to ¥882,851,898.85 in 2019[16] - Net profit attributable to shareholders increased by 50.88% to ¥156,598,764.76 in 2020, up from ¥103,792,081.85 in the previous year[16] - The net profit after deducting non-recurring gains and losses was ¥119,294,361.87, representing a 35.54% increase from ¥88,012,138.75 in 2019[16] - The net cash flow from operating activities rose by 41.82% to ¥193,525,151.88, compared to ¥136,461,963.84 in 2019[16] - Basic earnings per share increased by 49.34% to ¥0.7761, up from ¥0.5197 in the previous year[16] - Total assets at the end of 2020 reached ¥2,940,488,019.42, an increase of 80.42% from ¥1,629,769,482.44 at the end of 2019[16] - The net assets attributable to shareholders grew by 89.14% to ¥1,297,308,378.11, compared to ¥685,904,413.35 at the end of 2019[16] - The weighted average return on equity was 18.80%, an increase of 2.18% from 16.62% in 2019[16] Revenue Breakdown - The company's total revenue for the four quarters was as follows: Q1: ¥177.23 million, Q2: ¥199.09 million, Q3: ¥216.36 million, Q4: ¥247.86 million, showing a steady increase throughout the year[19] - IDC services accounted for CNY 750,678,879.02, which is 89.31% of total revenue, showing a significant increase of 68.07% from CNY 446,656,895.89 in 2019[57] - The company's revenue from Hong Kong and overseas markets increased by 11.10% to CNY 258,962,527.77 in 2020[57] Operational Highlights - The company operates in over 30 cities in China and more than 10 countries globally, providing comprehensive IDC services and internet solutions[28] - The company has established important partnerships with major telecom operators such as China Telecom, China Unicom, and China Mobile, enhancing its service offerings[28] - The company focuses on developing a multi-cloud, multi-network digital industry ecosystem, adapting to new technologies like 5G[27] - The company has a professional service team providing 24/7 support, ensuring high-quality service for its clients[30] - The company has a strong emphasis on technology, utilizing core technologies such as Software Defined Networking (SDN) and automated operations[28] Investment and Growth - In 2020, the company's self-built data center cabinet count increased by over 120% year-on-year, reaching approximately 16,000 cabinets, with a total operating area exceeding 107,000 square meters[32] - The company's revenue from self-built data centers saw significant growth, driven by a rapid increase in the utilization rate, while the overall IDC market in China grew by 33% year-on-year, reaching a market size of approximately 208 billion yuan[32][36] - The company initiated multiple new data center projects in 2020, including a large data center in Guangzhou with an investment of approximately CNY 1.75 billion, aiming for at least 10,000 cabinets, with phase one of 7,000 cabinets already under construction[50] - The company plans to construct approximately 17,700 cabinets across multiple data center projects, including 6,000 cabinets in Guangzhou and 10,000 cabinets in Langfang[118] Research and Development - The company maintained a high level of R&D investment in 2020, resulting in the acquisition of 54 software copyrights, 4 patents, and 1 professional technical qualification[52] - The company is focusing on edge computing and distributed storage, exploring integration with 5G technology and distributed storage applications[52] - The company will focus on R&D in energy-saving technologies, cloud storage, and industrial internet applications to maintain technological competitiveness[120] Risk Management - The company acknowledges potential risks including operator policy risks, intensified market competition, and technology update risks in its future outlook[5] - The company faces risks from intensified market competition, which could lead to a loss of market share and a decline in overall gross margins in the IDC industry[122] - The company is exposed to technology update risks, as it must continuously innovate and adapt to rapidly changing information technology trends to avoid customer attrition[122] - The company recognizes network stability and security as critical for profitability and reputation, highlighting risks from power supply failures and cyber threats[123] Shareholder and Dividend Information - The company plans to distribute a cash dividend of ¥0.75 per 10 shares, with a capital reserve conversion of 8 shares for every 10 shares held[5] - The company distributed cash dividends of 1 RMB per 10 shares for the previous year, totaling 11,747,880 RMB, and increased its share capital by 7 shares for every 10 shares held, increasing the total shares to 199,713,960[131] - The company’s total distributable profit for the reporting period was 272,309,531.11 RMB, with cash dividends accounting for 100% of the profit distribution[130] Corporate Governance - The company appointed Rongcheng Accounting Firm as its auditor for the 2020 fiscal year[138] - The company emphasizes compliance with laws and regulations, ensuring transparency and timely information disclosure to investors[162] - The company has not reported any significant litigation or arbitration matters during the reporting period[139] Management and Leadership - The company has a strong leadership team with extensive experience in telecommunications and internet technology sectors[200] - The company experienced a change in management with the departure of He Liejun as vice chairman and Feng Yanfeng as supervisor, both effective August 17, 2020[198] - The company’s chairman, Feng Kang, has held the position since 2014 and is expected to serve until 2023[195]