汇创达(300909) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥827,204,571.36, representing a 35.90% increase compared to ¥608,699,349.21 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥149,026,182.48, a 57.48% increase from ¥94,628,855.58 in the previous year[19]. - The net profit after deducting non-recurring gains and losses was ¥138,535,058.20, up 50.72% from ¥91,915,693.06 in 2020[19]. - The basic earnings per share for 2021 was ¥1.48, an increase of 21.31% compared to ¥1.22 in 2020[19]. - The total assets at the end of 2021 were ¥1,609,016,884.71, reflecting a 13.00% increase from ¥1,423,936,390.84 at the end of 2020[19]. - The net assets attributable to shareholders at the end of 2021 were ¥1,279,226,628.40, a 13.20% increase from ¥1,130,055,458.20 in 2020[19]. - The net cash flow from operating activities for 2021 was ¥46,447,318.28, a decrease of 56.40% from ¥106,522,454.24 in 2020[19]. - The company reported a quarterly revenue of ¥240,168,903.16 in Q4 2021, with a net profit of ¥45,248,332.61 for the same quarter[21]. - The company achieved a revenue of RMB 827 million, representing a year-on-year growth of 35.90%, and a net profit attributable to shareholders of RMB 149 million, up 57.48% year-on-year[41]. - Total operating revenue reached 827.20 million yuan, representing a year-on-year growth of 35.90%[52]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 5.00 CNY per 10 shares to all shareholders, based on a total of 100,906,663 shares[5]. - The company has a profit distribution plan that includes a capital reserve conversion of 5 shares for every 10 shares held[5]. - The company reported a cash dividend of 50,453,331.50 CNY (including tax), which represents 100% of the total profit distribution[140]. - The total distributable profit for the year was 349,442,052.56 CNY[140]. Market Position and Growth - The global laptop market saw a 19.4% year-on-year increase in shipments in 2021, indicating strong demand for laptop backlight modules[30]. - The company is a leading player in the backlight module market, with a growing market share in the laptop keyboard backlight segment[30]. - The company is focusing on the development of Mini LED backlight products for automotive applications, capitalizing on the growing market for new energy vehicles[31]. - The company aims to expand its market share in backlight modules for input devices and seeks new profit growth points in lighting and display equipment[43]. - The company has expanded its market focus on ultra-small waterproof switches, gaining recognition from major clients such as Xiaomi and Huawei[44]. - The company plans to focus on developing mini LED backlight applications in automotive, TV, laptops, tablets, esports, and VR fields, aiming to expand its market share[89]. - The company is planning to enter the European market in 2022, with an initial investment of 50 million RMB[114]. - The company is expanding its market presence in Southeast Asia, targeting a 10% market share by 2023[114]. Research and Development - Research and development expenses increased by 60.02% to ¥41,018,134.03 in 2021, compared to ¥25,632,420.66 in 2020[62]. - The number of R&D personnel increased by 12.35% to 182, with a notable rise in the under-30 age group by 33.33%[67]. - The company applied for 38 new patents and obtained 34 authorized patents during the reporting period, bringing the total number of valid patents to 127[46]. - The company has established a professional technical development team for the research and validation of new technologies and products in the backlight industry[31]. - The company has accumulated long-term technical expertise and a mature talent team in the mini LED backlight product field, which is expected to drive future growth[89]. - The company plans to increase R&D investment to create cost-effective products and solutions that meet customer needs, thereby enhancing core competitiveness[92]. Operational Efficiency and Management - The company has established a stable and efficient business model, utilizing a production model based on sales orders and a procurement model based on production needs[37]. - The company focuses on technological innovation and has improved its production efficiency through the development of automated production lines[43]. - The company maintains a zero-inventory management approach for special materials while keeping a certain level of inventory for commonly used raw materials[38]. - The company has developed a new generation of automated production lines to significantly reduce labor costs and improve yield rates[89]. - The company aims to improve operational efficiency, targeting a 10% reduction in costs through process optimization[174]. Governance and Compliance - The company has established a transparent performance evaluation and incentive mechanism for senior management, enhancing governance quality[103]. - The company conducted 6 board meetings and 6 supervisory meetings during the reporting period, demonstrating active governance[102][103]. - The company has implemented a strict information disclosure management system to ensure the accuracy and timeliness of disclosed information[103]. - The company reported no significant discrepancies between its governance practices and regulatory requirements[104]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, and operations, ensuring no conflicts of interest[105]. - The company has established a remuneration and performance assessment system for its directors and senior management, which is discussed and decided by the remuneration committee[123]. - The company has committed to maintaining a robust corporate governance structure in compliance with relevant laws and regulations[157]. Environmental Responsibility - The company has not faced any administrative penalties related to environmental issues during the reporting period[150]. - The company has implemented measures to ensure compliance with environmental protection laws and regulations[150]. - The company operates an organic waste gas treatment facility with a processing capacity of 26,884 standard cubic meters per hour, which has been in good operating condition since October 2018[153]. - The company has made donations totaling 2.016 million RMB, including 540,000 medical masks, to support pandemic prevention efforts[158]. - The company has taken measures to manage waste gases, wastewater, solid waste, and noise generated during production, ensuring minimal impact on the surrounding environment[154]. Future Outlook and Strategic Initiatives - The company provided a revenue guidance for 2022, expecting a growth rate of 20% to 1.44 billion RMB[114]. - The company plans to initiate stock repurchase measures if the weighted average price falls below the audited net asset value per share for the previous fiscal year[164]. - The company has committed to measures to offset the dilution of immediate returns post-IPO, including voting in favor of relevant board resolutions[170]. - The company plans to link the execution of its compensation system to the performance of return compensation measures[171]. - The company has established a plan to minimize losses to investors and protect their interests in case of unforeseen circumstances[178].