2016-04-25-深交所-方大Ｂ_2015年年度报告（英文版）_180页_2mb

China Fangda Group 2015 Annual Report Summary

Company Overview

China Fangda Group Co., Ltd. (CFGC) is a privately-owned company listed on the Shenzhen Stock Exchange (Stock Code: 000055). Founded in 1995, the company focuses on four main business segments: curtain wall systems, rail transport equipment, new energy, and real estate.

Financial Performance

• Revenue and Profit: In 2015, the company achieved a turnover of RMB 2.55 billion, marking a 31.58% increase year-on-year. Net profit attributable to shareholders reached RMB 107 million, up by 10.59%. Cash dividends per share were increased to RMB 1 for every ten shares.
• Key Metrics:
  • Basic earnings per share: RMB 0.14
  • Net asset turnover ratio: 8.42%
  • Total assets increased by 21.88% to RMB 4.46 billion

Business Segments and Strategies

• Curtain Wall Systems: Positioned as a market leader in high-end energy-saving products. Projects include the Shenzhen Hanjing Finance Center and Shanghai Hongqiao Commercial Area.
• Rail Transport: Benefited from China's infrastructure growth. Market share in metro screen doors reached 30%.
• New Energy: Focus on solar PV power generation. The company invested in distributed solar projects and raised RMB 470 million via private equity issuance.
• Real Estate: Fangda Town renovation project increased assets and cash flow, supporting future capital needs.

Risks and Mitigation

• Market risks: Addressed through technological innovation and overseas expansion.
• Management risks: Mitigated by optimizing organizational structure and talent management.
• Operational risks: Strategies include supply chain optimization and cost control measures.

Future Outlook

The company aims to capitalize on China's "Belt and Road" initiative to expand overseas, continue new energy investments, and solidify its leadership in curtain wall and rail transport sectors.

Financial Highlights (2015 vs. 2014)

Conclusion

China Fangda demonstrated strong financial performance and strategic growth in 2015, particularly in new energy and international markets. Future success will depend on managing risks and maintaining innovation across its diverse business segments.