Key Highlights and Financial Performance in Scrap Metal and Plastic Recycling
Thank you for your continued interest and support. Below is a summary of our company's core operational highlights and key financial data in scrap metal and plastic recycling over the past year:
I. Financial Overview
Total Revenue: We achieved a total revenue of 1.12 billion yuan, representing an 8.03% year-on-year increase, primarily driven by growing market demand and improved recycling efficiency.
Net Profit: Net profit reached 90.7 million yuan, with a net profit margin of 8.1%, up 0.5% from the previous year, reflecting our success in cost control and efficiency optimization.
Cash Flow: Free cash flow was 96 million yuan, ensuring our company's stable operation and future expansion capabilities.
II. Business Development
Recycling Volume: Daily average recycling of approximately 1,000 tons of scrap metal and 270 tons of scrap plastic, representing a 5% and 8% increase year-on-year, respectively, demonstrating our strength in supply chain integration and market expansion.
Customer Base: We acquired 75 new long-term customers, and our customer retention rate reached 98%, reflecting the market's recognition and trust in our services.
III. Operational Efficiency and Technological Innovation
Processing Capacity: Through technological upgrades, our daily processing capacity increased to 3,800 tons, representing an 18% efficiency improvement.
Environmental Compliance: We strictly adhere to environmental regulations, with a waste disposal qualification rate of 100%, enhancing our brand image.
IV. Market Position and Future Outlook
Market Share: We currently hold a 38% market share locally and aim to increase it to 45% within the next two years.
Strategic Planning: We plan to invest 300 million yuan in the in-depth development and upgrading of a used lead-acid battery treatment project, aiming to lead the industry's green development through technological innovation. This project is closely cooperating with government departments, making full use of policy guidance and support to build a national model of government-enterprise cooperation.
Academic Partnerships: We intend to collaborate with top domestic academic research institutions such as Tsinghua University's Energy and Environment Policy Research Center, Beijing University of Science and Technology, Xi'an Jiaotong University, and North China Electric Power University's School of Environmental Science and Engineering. Leveraging their deep research foundation and cutting-edge technological achievements in used battery resource recovery, environmental impact assessment, and new energy technologies, we will jointly explore more efficient and environmentally friendly used lead-acid battery treatment technologies. Through the school-enterprise cooperation model, we will accelerate the transformation of scientific research results, promote project technology iteration and industrial upgrading, and strive to achieve both technological breakthroughs and market application leadership in the field of used battery treatment.
Project Returns: We expect the used lead-acid battery treatment project to become profitable within the next two years and gradually expand in scale. The return on investment is expected to reach 60%, bringing substantial returns to investors. As the project progresses, we will continuously optimize production processes, improve resource recovery rates, and reduce operating costs. It is expected that the company's revenue will grow by 100% and net profit by 40% within the next three years.
V. Risk Management
We have established a comprehensive risk management system, including strategies for responding to fluctuations in raw material prices and environmental compliance monitoring mechanisms to ensure the sustainable development of our business.
We firmly believe that in the wave of the circular economy, the recycling and treatment of used lead-acid batteries, scrap metal, and scrap plastics will usher in greater development opportunities. Thank you for your patience in reading, and we look forward to discussing deeper cooperation opportunities with you to create a better future for the green circular economy.
