多氟多(002407) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥7,798,541,139.21, an increase of 85.29% compared to 2020[14]. - The net profit attributable to shareholders for 2021 was ¥1,259,706,825.21, representing a significant increase of 2,490.80% from the previous year[14]. - The net profit after deducting non-recurring gains and losses was ¥1,235,526,561.36, an increase of 860.32% compared to 2020[14]. - The net cash flow from operating activities reached ¥1,975,048,651.82, a remarkable increase of 5,480.26% year-on-year[14]. - The basic earnings per share for 2021 was ¥1.73, up 2,371.43% from ¥0.07 in 2020[14]. - The total assets at the end of 2021 were ¥11,805,976,785.56, reflecting a growth of 22.33% from the previous year[14]. - The net assets attributable to shareholders increased to ¥5,077,511,565.36, a rise of 72.11% compared to 2020[14]. - The total operating revenue for 2021 reached ¥7,808,541,139.21, an increase of 83.95% compared to 2020[53]. - The net profit attributable to shareholders was ¥125,970,680, with a basic earnings per share of ¥1.73 and a weighted average return on equity of 29.42%[53]. - The total operating revenue for the new materials segment reached ¥4,069,042,368.97, representing a year-on-year increase of 52.18%[55]. - The lithium battery segment generated ¥986,641,584.30 in revenue, with a year-on-year growth of 12.65%[55]. Dividend Policy - The company plans to distribute a cash dividend of 3.00 RMB per 10 shares based on a total of 763,031,579 shares[2]. - The cash dividend per 10 shares is ¥3.00, with a total of 763,031,579 shares as the basis for distribution[155]. - The company implemented a cash dividend policy with a total cash dividend amount of ¥228,909,473.70, which represents 100% of the distributable profit[155]. - The company has established a transparent and compliant process for adjusting or changing the cash dividend policy[154]. - Independent directors have fulfilled their responsibilities and played a significant role in the decision-making process regarding profit distribution[154]. Market Position and Strategy - The company has a dominant position in the market for cryolite and aluminum fluoride products, with innovative processes enhancing competitiveness[22]. - The electronic chemicals segment is characterized by high market segmentation and stringent quality requirements, with electronic-grade hydrogen fluoride being a key product[23]. - The company plans to focus on market and resource layout while collaborating with leading enterprises to strengthen its industry position[22]. - The company is a leader in producing UP-SSS grade electronic-grade hydrofluoric acid, with a significant market opportunity in the electronic chemicals sector driven by the growth of 5G and new materials applications[24]. - The company is strategically positioning itself in the market for new lithium salts, such as lithium bis(fluorosulfonyl)imide (LiFSI) and lithium difluorophosphate, which are expected to enhance battery performance[27]. - The company is expanding its product offerings in electronic chemicals, including electronic-grade hydrofluoric acid and silane, to meet growing market demands[35]. Research and Development - Research and development expenses increased by 103.92% to ¥263,676,365.73, reflecting the company's intensified R&D efforts[65]. - The company has filed over 110 patents related to new high-voltage and high-safety power battery technologies, collaborating with institutions like the Chinese Academy of Sciences[43]. - The company has achieved significant breakthroughs in key technologies such as distillation purification and environmental control for electronic-grade hydrofluoric acid production[43]. - The company is focused on enhancing its research and development capabilities to drive innovation in new product offerings[126]. - The company has increased its R&D personnel by 20.32% from 561 to 675, with R&D personnel accounting for 12.74% of the total workforce[68]. Production Capacity and Expansion - The company plans to increase its production capacity of high-purity crystalline lithium hexafluorophosphate to 55,000 tons by the end of 2022, up from 20,000 tons[33]. - The production capacity for lithium hexafluorophosphate is 20,000 tons/year with a utilization rate of 100.40%, and there are ongoing projects to increase capacity by 35,000 tons/year[44]. - The production capacity for electronic-grade hydrofluoric acid is 50,000 tons/year with a utilization rate of 73.28%, and there is a project underway to add 30,000 tons/year[44]. - The company is committed to increasing the production capacity of electronic-grade hydrogen fluoride to 30,000 tons and is developing high-end customers for silane and tetrafluorosilane[100]. - The company is focusing on optimizing the production process of lithium fluoride and aims to establish a 6,000-ton lithium fluoride project to support efficient production of new energy materials[100]. Risks and Challenges - The company faces risks including macroeconomic environment changes, ongoing COVID-19 pandemic impacts, rising raw material costs, investment project risks, and management risks due to scale expansion[2]. - The company is addressing risks related to macroeconomic conditions, including the impact of U.S.-China relations on the securities market and the new energy sector[101]. Environmental and Social Responsibility - The company has achieved a 100% operational rate for environmental protection facilities, complying with national pollution discharge standards[190]. - The company actively supports rural revitalization efforts, providing assistance to impoverished areas and schools[195]. - The company has received recognition as a green enterprise and a model for circular economy practices[190]. Governance and Management - The governance structure is robust, with independent directors making up one-third of the board, ensuring balanced decision-making[116]. - The company has implemented stock incentive plans for its executives, indicating a commitment to aligning management interests with shareholder value[122]. - The board of directors has strictly adhered to legal regulations and company bylaws, providing independent opinions on investment matters and ensuring shareholder rights[143]. - The company has a total of 24 senior management personnel, with an average remuneration of approximately CNY 0.97 million per person[136]. Future Outlook - The company provided a positive outlook for 2022, projecting a revenue growth of 30% based on expanding market demand and new product launches[109]. - The company aims for a revenue growth rate of no less than 16% in 2021, based on the average revenue from 2017-2019 as a benchmark[168]. - The company targets a revenue growth rate of no less than 24% in 2022, also based on the average revenue from 2017-2019[169].