科士达(002518) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥2,805,919,771.70, representing a 15.83% increase compared to ¥2,422,548,801.93 in 2020[25]. - The net profit attributable to shareholders for 2021 was ¥373,200,496.33, a 23.13% increase from ¥303,102,677.97 in 2020[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥320,123,962.84, up 23.95% from ¥258,270,828.77 in 2020[25]. - The net cash flow from operating activities for 2021 was ¥450,439,825.35, reflecting a 20.31% increase compared to ¥374,413,058.96 in 2020[25]. - The total assets at the end of 2021 were ¥4,950,552,511.38, a 19.75% increase from ¥4,134,227,158.38 at the end of 2020[25]. - The net assets attributable to shareholders at the end of 2021 were ¥3,062,363,704.42, representing a 9.15% increase from ¥2,805,610,823.90 at the end of 2020[25]. - The company reported a basic earnings per share of ¥0.64 for 2021, up 23.08% from ¥0.52 in 2020[25]. - The company achieved total operating revenue of CNY 280,591.98 million, a year-on-year increase of 15.83%[53]. - Operating profit reached CNY 41,536.50 million, reflecting a growth of 22.84% compared to the previous year[53]. - Net profit attributable to shareholders was CNY 37,320.05 million, up 23.13% year-on-year[53]. Business Operations - The company has not changed its main business since its listing, with the addition of "installation, maintenance, and servicing of air conditioning and refrigeration equipment" to its business scope in 2018[23]. - The company is focused on expanding its market presence in the data center and renewable energy sectors, leveraging technological advancements to enhance its product offerings[39]. - The company aims to strengthen its global brand image and management systems to support sustainable growth and competitive advantage[39]. - The company is actively expanding its product offerings in the photovoltaic and energy storage sectors, including solutions for household energy storage systems and integrated energy management platforms[44]. - The company is focusing on high-end and large-capacity UPS markets to enhance its market share in premium products[43]. - The company has participated in multiple significant projects, including agricultural photovoltaic projects and large-scale photovoltaic power generation projects, to strengthen its market presence[44]. - The company is currently developing a new generation of modular UPS products to enhance market competitiveness and expand market share[78]. - The company aims to provide customized products for major clients, which is expected to accumulate design experience in specific markets[78]. Market Trends - The data center industry is experiencing robust growth driven by digital transformation trends, with increasing demand for infrastructure due to the rise of cloud computing and big data[39]. - In 2021, the company achieved a revenue of CNY 215,091.95 million from its data center business, representing a year-on-year growth of 12.70%[43]. - The company's revenue from the new energy photovoltaic and energy storage business reached CNY 32,507.16 million in 2021, with a year-on-year increase of 31.14%[44]. - The total number of new energy vehicles in China reached 7.84 million by the end of December 2021, marking a year-on-year growth of 59.25%[41]. - The number of charging infrastructure units in China increased by 936,000 in 2021, bringing the total to 2.617 million, with an overall vehicle-to-charger ratio of approximately 3:1[41]. - The company is enhancing its charging infrastructure offerings, focusing on high-power charging technology to meet market demand for fast charging[127]. - The domestic solar and storage market is entering a high-growth phase, supported by clear policy directions and decreasing system costs[122]. Research and Development - The company is committed to increasing its R&D investment to improve system efficiency, reduce costs, and enhance product safety and reliability[46]. - Research and development expenses amounted to CNY 15,359.57 million, a slight decrease of 1.19% from the previous year[53]. - The company has developed a new generation of high-power outdoor photovoltaic inverters, enhancing its competitive advantage in the photovoltaic product sector[81]. - The company is working on a new energy management system (EMS) for energy storage projects, which will provide remote monitoring capabilities[84]. - The company plans to increase R&D investment in high-performance modular UPS, new efficient 5G power supplies, and edge computing products, aiming for continuous upgrades[121]. Governance and Management - The company has established a complete governance structure, ensuring independence from the controlling shareholder in operations, personnel, assets, and finance[145]. - The company maintains a transparent information disclosure process, utilizing multiple legal media for announcements[138]. - The company has a dedicated investor relations management department to facilitate communication with investors[141]. - The company has implemented a comprehensive internal control system to ensure compliance with laws and regulations[134]. - The company emphasizes social responsibility and actively engages with stakeholders, including suppliers and customers[140]. - The company has not experienced any violations or irregularities in its governance practices during the reporting period[144]. Shareholder Information - The company reported a total of 22,784,774 shares held by departing directors and senior management, with no changes in shareholding during the reporting period[154]. - Liu Chengyu has been serving as the Chairman and General Manager since September 20, 2007, with no shares held[150]. - The company has seen no changes in the shareholding of independent directors Yang Mei, Xu Zheng, and Zhou Qichao, all holding zero shares[150]. - The company declared a cash dividend of CNY 145,556,273.50, representing 100% of the distributable profit of CNY 1,394,958,231.18[191]. - The dividend distribution plan includes a cash payout of CNY 2.50 per 10 shares, based on a total share capital of 582,225,094 shares[191]. Employee Information - The total number of employees at the end of the reporting period was 2,917, with 1,592 in production, 542 in sales, and 651 in technical roles[183]. - The company has 2 PhDs, 53 Master's degrees, and 749 Bachelor's degrees among its employees, indicating a diverse educational background[183]. - The company implemented a performance evaluation system and incentive mechanism to enhance employee motivation and responsibility awareness[184]. - The company has adopted a talent management strategy to strengthen its workforce and enhance operational efficiency through HR digital management[186].