Hirisun(SZ:300277)2024-08-01 12:21Financial Performance - The company's operating revenue for 2021 was ¥234,303,486.54, a decrease of 26.50% compared to ¥318,780,729.58 in 2020[18]. - The net profit attributable to shareholders for 2021 was ¥14,281,471.46, down 42.69% from ¥24,918,893.70 in 2020[18]. - The net cash flow from operating activities decreased by 69.80% to ¥6,278,406.80 in 2021, compared to ¥20,786,167.25 in 2020[18]. - Basic earnings per share for 2021 were ¥0.0426, a decline of 42.74% from ¥0.0744 in 2020[18]. - The total assets at the end of 2021 were ¥712,414,203.96, a decrease of 5.56% from ¥754,357,984.41 at the end of 2020[18]. - The net assets attributable to shareholders at the end of 2021 were ¥484,990,755.99, a slight increase of 0.18% from ¥484,102,251.09 at the end of 2020[18]. - The weighted average return on net assets for 2021 was 2.95%, down from 5.23% in 2020, a decrease of 2.28%[18]. - The company reported a significant decline in both net profit and operating cash flow, indicating potential challenges in future performance[18]. Dividend Distribution - The company plans to distribute a cash dividend of ¥0.30 per 10 shares to all shareholders, based on a total of 335,000,000 shares[4]. - The cash dividend distribution plan for 2021 is within the distributable profit range, ensuring the company’s normal operations and long-term development[166]. - The company distributed a cash dividend of RMB 0.40 per 10 shares, totaling RMB 10,050,000, which represents 100% of the total profit distribution amount[162][164]. - For the 2021 fiscal year, the company plans to distribute a cash dividend of RMB 0.30 per 10 shares, amounting to RMB 10,050,000, with no stock dividends or capital reserve transfers[166]. Market and Industry Trends - The software and information technology services industry in China saw a revenue increase of 17.7% in 2021, reaching CNY 9.50 trillion, driven by the digital economy[30]. - The electricity consumption in China reached 8.31 trillion kWh in 2021, marking a 10.3% year-on-year growth, indicating strong demand in the power sector[32]. - The investment in power grid construction in 2021 was CNY 495.1 billion, reflecting a 1.1% increase from the previous year, supporting the growth of the electricity information sector[32]. - The demand for power informationization investment is anticipated to maintain a sustained growth momentum due to favorable macroeconomic conditions and industry policy environments[41]. - The power informationization market has over 30,000 suppliers, with competition expected to continue increasing in the next five years[99]. Business Strategy and Operations - The company operates in the software and information technology services sector, focusing on enhancing the informatization level of power enterprises[28]. - The company aims to innovate market operation models and explore new business areas to further enhance market share and profitability[41]. - The company focuses on providing integrated solutions for power enterprises, covering all aspects of the power industry chain including generation, transmission, transformation, distribution, and consumption[42]. - The company has established a sales and service network covering multiple cities nationwide, enhancing its position as a comprehensive solution provider in the power industry[41]. - The company is focusing on new business areas such as AI, smart charging stations, and smart power plants, although these initiatives have not yet generated revenue[61]. Research and Development - Research and development expenses amounted to ¥14,917,386.35, which is 6.37% of operating revenue, showing a decrease from the previous year's 7.12%[78]. - The number of R&D personnel decreased by 9.86% to 64, with a notable drop in the number of bachelor's degree holders by 23.26%[77]. - The total amount of R&D investment was ¥14,917,386.35, reflecting a downward trend compared to previous years[78]. - The company emphasizes the importance of continuous R&D investment to maintain competitiveness in the technology-intensive power information industry[109]. Financial Stability and Risks - The company has a strong financial foundation, enabling the normal operation of existing businesses and supporting the development of new ventures[54]. - The company maintains a low debt-to-asset ratio, ensuring financial stability and the ability to explore new business opportunities[58]. - The company has a robust financial position but faces investment risks due to fluctuating external economic conditions[110]. - The ongoing COVID-19 pandemic presents risks to the company's operations and market expansion efforts[110]. Governance and Compliance - The company has established a robust internal control system, with no significant or important internal control deficiencies reported during the period[168][171]. - The company ensures the accuracy and timeliness of information disclosure, adhering to relevant regulations and maintaining communication channels with investors[121]. - The internal audit department regularly conducts audits and evaluations of financial and internal control systems, reporting no major deficiencies during the reporting period[122]. - The company has independent financial and internal audit departments, ensuring compliance with accounting laws and independent financial decision-making[129]. Employee and Management - The total number of employees at the end of the reporting period was 137, with 26 in the parent company and 111 in major subsidiaries[158]. - The professional composition included 64 technical personnel, 20 sales personnel, 13 financial personnel, and 40 administrative personnel[159]. - The company has a salary policy based on job levels, combining basic and performance wages to ensure fairness and motivate employees[160]. - The management team is stable and experienced, enabling quick and effective decision-making in response to market changes[57]. Social Responsibility - The company emphasizes social responsibility and actively collaborates with stakeholders to balance interests among shareholders, employees, and society[123]. - The company has committed to social responsibility by donating computers and educational supplies to schools, promoting community welfare[183]. - Employee rights are safeguarded through compliance with labor laws, providing various benefits such as health check-ups and cultural activities[180].