凯添燃气(831010) - 2021 Q4 - 年度财报

Company Listing and Strategic Agreements - The company successfully listed on the Beijing Stock Exchange on November 15, 2021[8]. - The company signed strategic agreements for the "Photovoltaic Hydrogen Production" project with Guoneng Ningxia Heating Co., Ltd. and Sichuan Green Energy Co., Ltd. in November 2021[6]. Financial Performance - The company's operating revenue for 2021 was CNY 459,268,967.57, representing a year-on-year increase of 19.08% compared to CNY 385,687,631.94 in 2020[27]. - The net profit attributable to shareholders for 2021 was CNY 72,302,383.85, which is a 15.73% increase from CNY 62,477,291.42 in 2020[27]. - The total assets at the end of 2021 amounted to CNY 1,128,289,706.18, reflecting a growth of 20.51% from CNY 936,277,935.37 at the beginning of the year[29]. - The total liabilities increased by 48.42% to CNY 546,294,963.10 in 2021 from CNY 368,065,343.39 in 2020[29]. - The gross profit margin for 2021 was 25.37%, down from 26.65% in 2020[27]. - The weighted average return on equity (ROE) based on net profit attributable to shareholders was 12.57% for 2021, compared to 14.48% in 2020[27]. - The company reported a basic earnings per share of CNY 0.31 for 2021, which is a 0.00% change from CNY 0.31 in 2020[27]. Cash Flow and Investments - The cash flow from operating activities for 2021 was CNY 90,424,504.87, a decrease of 42.55% compared to CNY 157,408,839.93 in 2020[31]. - The company reported a significant decrease in cash flow from investment activities, which fell by 63.21% to CNY -261,645,842.51[71]. - The company’s cash flow from financing activities decreased by 38.73% to CNY 107,112,732.93, compared to CNY 174,831,758.32 in the previous year[70]. R&D and Technology Development - The company is classified as a national high-tech enterprise and has a provincial-level technology R&D center, emphasizing the importance of attracting professional technical talent for its development[15]. - R&D expenditure for the current period amounted to CNY 3,099,238.46, representing 0.67% of operating revenue, compared to 0.77% in the previous period[87]. - The number of patents owned by the company increased from 44 to 49 during the reporting period[90]. - The company has ongoing R&D projects including offshore scattered natural gas liquefaction devices and NBIOT IoT systems, which are expected to enhance core competitiveness[91]. Market and Operational Risks - The company faces risks related to the safety management of natural gas operations, which could lead to significant losses if not properly managed[14]. - The company faces risks related to the pricing mechanism of pipeline natural gas, which could significantly impact its overall performance[108]. - The company is also exposed to fluctuations in gas installation business due to urbanization and industrialization trends in its operational areas[110]. Corporate Governance and Compliance - The company has established a new governance system during the year, enhancing its internal control and risk management[170]. - The company has implemented a comprehensive internal control system in accordance with the Company Law and Securities Law, ensuring compliance and protection of shareholder rights[176]. - The company has adhered to legal procedures for major decisions, including personnel changes and external investments, ensuring compliance with relevant laws and regulations[179]. Shareholder and Management Structure - The company has a total of 234,500,000 shares outstanding, with 16,815 common shareholders[138]. - The largest shareholder, Gong Xiaoke, holds 53,380,000 shares, representing 22.76% of total shares, while Kai Tian Energy holds 45,015,500 shares, or 19.20%[140][141]. - The total number of employees increased from 173 to 179, with a net addition of 13 employees during the reporting period[163]. Community Engagement and Sustainability - The company actively contributed to local public welfare by donating to various organizations during the pandemic[96]. - The company is implementing rural gas supply projects to support rural revitalization efforts[96]. - The company is committed to developing green energy, focusing on hydrogen production from solar, biogas, and natural gas as part of its strategy to achieve carbon neutrality[105].