软控股份(002073) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥5,454,796,036.74, representing a 76.99% increase compared to ¥3,082,064,914.95 in 2020[29]. - The net profit attributable to shareholders for 2021 was ¥142,257,023.71, a 49.56% increase from ¥95,115,515.20 in 2020[29]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥84,611,269.69, showing a significant increase of 261.85% from ¥23,382,711.47 in 2020[29]. - The net cash flow from operating activities for 2021 was ¥252,585,944.10, up 46.43% from ¥172,492,659.96 in 2020[29]. - Basic earnings per share for 2021 were ¥0.1541, a 50.05% increase from ¥0.1027 in 2020[29]. - Diluted earnings per share for 2021 were ¥0.1564, reflecting a 50.82% increase compared to ¥0.1037 in 2020[29]. - The weighted average return on net assets for 2021 was 3.28%, an increase from 2.24% in 2020[29]. - Operating profit for the year was ¥142,525,103.60, up 37.92% year-over-year[61]. - Total profit increased by 38.14% year-over-year, reaching ¥140,132,971.04[61]. Revenue Breakdown - The manufacturing and installation sector contributed ¥5,290,583,358.38, accounting for 96.99% of total revenue, with an 81.65% year-over-year growth[66]. - Revenue from rubber equipment systems was ¥2,914,479,052.89, representing 53.43% of total revenue, with a 19.96% increase compared to the previous year[67]. - Domestic sales accounted for ¥4,883,794,829.96, or 89.53% of total revenue, showing a 97.84% increase year-over-year[66]. - The company reported a 100% increase in revenue from chemical materials, totaling ¥1,571,066,876.14[67]. - Revenue from synthetic rubber materials increased by 60.52% to ¥926,147,772.30, with a gross profit margin of 9.09%[67]. - The company experienced a 42.90% decline in revenue from other products, totaling ¥43,102,335.41[67]. Assets and Liabilities - Total assets decreased by 32.97% to ¥10,867,289,080.28 from ¥8,172,586,162.04[32]. - Total inventory increased by 65.71% to ¥3,278,324,768.40, attributed to significant growth in sales and production in the manufacturing and installation sector[71]. - The company reported a significant increase in accounts payable, which rose by 13.65% to 1,483,883,091.66, driven by increased procurement activities[95]. - Contract liabilities rose significantly by 21.03% to 2,285,441,461.40, attributed to a substantial increase in orders for rubber machinery business[95]. Research and Development - The company increased R&D expenses by 44.58% to ¥221,031,260.86, primarily due to increased investment in R&D[78]. - The company is developing a new high-performance isoprene rubber composite material, currently in the trial production stage[82]. - The company is focusing on expanding its product line to include agricultural tires, aiming to create new profit growth points[79]. - The company has nearly 1,000 patents and has received various national and provincial awards for technological innovation[56]. Market Strategy and Expansion - The company is actively expanding its marketing network, reaching over 300 customers across more than 30 countries[56]. - The company aims to increase the production capacity of its new chemical compounding technology and explore its application in other chemical fields[46]. - The company is focusing on expanding its market presence through new product development and innovative technologies[82]. - The company plans to expand its market presence by targeting strategic customers and enhancing its international team for better market penetration[134]. Corporate Governance - The company has established a complete and independent operational system, ensuring independence in business, personnel, assets, institutions, and finance from the controlling shareholder[149]. - The board of directors consists of 7 members, including 3 independent directors, and held 6 meetings during the reporting period[145]. - The company has implemented a robust internal control system and improved information disclosure and investor relations management[145]. - The company has not experienced any significant discrepancies between its governance practices and the regulations set forth by the China Securities Regulatory Commission[146]. Leadership and Management - The company appointed Guan Bingzheng as the new Chairman and President, effective January 29, 2021, following the resignation of He Ning due to personal health reasons[160]. - The company continues to focus on stock incentives as a strategy to retain and motivate key personnel[157]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 6.8488 million[169]. - The company has a compensation committee responsible for formulating and managing the remuneration plans for senior management, which is linked to performance indicators[167]. Challenges and Risks - The company has faced challenges due to slowing growth in the rubber machinery industry and ongoing trade tensions, impacting its operational performance[113]. - The company faces risks from macroeconomic conditions and market competition, with strategies in place to mitigate these risks[138]. - The company is closely monitoring exchange rate fluctuations and implementing measures to mitigate risks associated with overseas operations[139].