SUNWARD(002097)2024-10-30 10:15Financial Performance - Total assets increased by 10.87% to CNY 19.21 billion at the end of 2021 compared to CNY 17.33 billion at the end of 2020[3] - Operating revenue for 2021 reached CNY 11.41 billion, a growth of 22.59% from CNY 9.31 billion in 2020[3] - Net profit attributable to shareholders decreased by 42.67% to CNY 306.78 million in 2021 from CNY 535.13 million in 2020[3] - The net cash flow from operating activities dropped significantly by 98.16% to CNY 33.15 million in 2021 compared to CNY 1.80 billion in 2020[3] - The company reported a basic earnings per share of CNY 0.2821, down 43.33% from CNY 0.4978 in 2020[3] - In the first quarter of 2021, operating revenue was CNY 3.32 billion, while the fourth quarter saw a decline to CNY 2.31 billion[4] Market Position - The company’s market position in the engineering machinery sector is strengthening, with domestic brands gaining market share as foreign brands decline[2] - The aviation equipment and services sector presents significant growth opportunities in both public transport and general aviation markets[2] Shareholder Information - The top shareholder, Guangzhou Wanli Investment Holding Co., Ltd., holds 13.94% of the shares, indicating a concentrated ownership structure[6] - The actual controller of Sunward is the Guangzhou Municipal Government, holding a 90% stake[7] - Guangzhou Industrial Investment Holding Group Co., Ltd. and Guangzhou Wanli Group Co., Ltd. each hold a 100% stake in Sunward[7] - Guangzhou Wanli Investment Holding Co., Ltd. holds a 99.96% stake in Sunward[7] - Guangzhou Hengyi Investment Development Partnership (Limited Partnership) holds a 13.94% stake in Sunward[7] Dividends and Financial Matters - The company has not proposed any cash dividends or stock bonuses for the reporting period[1] - The company reported no significant matters in the annual report[7] - There are no outstanding bonds as of the date of the annual report approval[7]