Company Overview - The company became one of the first listed enterprises on the Beijing Stock Exchange on November 15, 2021[4]. - The company was listed as one of the first batch of high-tech enterprises in Chongqing in 2021[4]. - The company aims to develop into an internationally renowned engineering company, focusing on engineering surveying and design, supported by technological research and development, with breakthroughs in government and energy-saving projects[124]. Financial Performance - The company's operating revenue for 2021 was CNY 228,192,749.01, representing a 5.24% increase compared to CNY 216,829,342.09 in 2020[29]. - The net profit attributable to shareholders for 2021 was CNY 27,395,200.45, which is a 7.13% increase from CNY 25,571,961.76 in 2020[29]. - The total assets at the end of 2021 amounted to CNY 579,318,067.50, reflecting a 53.75% increase from CNY 376,788,632.81 at the beginning of the year[31]. - The total liabilities increased by 20.82% to CNY 115,798,371.89 in 2021 from CNY 95,843,827.65 in 2020[31]. - The company's equity attributable to shareholders rose by 64.99% to CNY 463,519,695.61 in 2021 from CNY 280,944,805.16 in 2020[31]. - The gross profit margin for 2021 was 42.44%, up from 39.44% in 2020[29]. - The weighted average return on equity for 2021 was 8.59%, down from 9.54% in 2020[29]. - The company's current ratio improved to 4.27 in 2021 from 2.78 in 2020[31]. - The interest coverage ratio for 2021 was 23.87, significantly lower than 43.28 in 2020[32]. - The net cash flow from operating activities for 2021 was -4,590,386.92, a decrease of 335.20% compared to 2020[34]. - The total share capital at the end of 2021 was 153,387,002 shares, reflecting a 33.38% increase from the beginning of the year[37]. Assets and Liabilities - As of December 31, 2021, the company's accounts receivable amounted to 240.40 million yuan, accounting for 41.50% of total assets[13]. - Accounts receivable rose by 28.99% to 240.40 million yuan, indicating a growing demand for the company's services[71]. - The company has a significant amount of accounts receivable, valued at 240.40 million yuan, accounting for 41.50% of total assets, which poses a risk if macroeconomic conditions worsen[132]. - The company has implemented a robust bad debt provision policy to mitigate risks associated with accounts receivable, ensuring sufficient reserves[132]. Awards and Recognition - The company received multiple awards for its engineering projects, including the second prize for the "Shenmu City Wulongkou Interchange Project" and the third prize for the "Shenmu City Dianta Bridge Project" in 2021[4]. - The company was recognized as a key enterprise for technological innovation in Jiangbei District, Chongqing, in December 2021[4]. - The company holds 9 invention patents, 74 utility model patents, and 14 software copyrights, reflecting ongoing investment in research and development[63]. Research and Development - The company added 27 new utility model patents and 1 software copyright during the reporting period[5]. - The company has established a comprehensive technical innovation system to enhance its research and development capabilities[58]. - Research and development expenses increased by 16.18% to $9.84 million, accounting for 4.31% of total revenue[74]. - The number of R&D personnel increased from 40 to 44, with the proportion of R&D staff to total employees rising from 6.51% to 6.93%[100]. - The company launched several new R&D projects, including a bridge health monitoring database and ecological protection for rocky slopes, with some projects already completed[103]. Market and Business Strategy - The company employs a "headquarters + branch" model to expand its business nationwide, focusing on customer needs and resource integration[55]. - The company actively explores new markets and promotes business development in line with its annual operational goals[60]. - The company is currently fulfilling commitments related to non-competition and related party transactions, which began in June 2015[153]. - The company is focused on modernizing urban infrastructure, including public transport and green building initiatives, aligning with national development goals[118]. Social Responsibility - The company actively organized collective COVID-19 vaccinations for employees to reduce infection risks[117]. - The company contributed funds to support flood relief efforts in Henan, demonstrating its commitment to social responsibility[117]. Governance and Compliance - The company has no reported incidents of shareholder or related party misappropriation of funds or assets during the reporting period[148]. - The company has established a commitment to ensure the accuracy and completeness of financial disclosure materials[155]. - The company has confirmed that all commitments made regarding the issuance of shares and listing are being fulfilled effectively[155]. Shareholder Information - The company has a total of 20,509 ordinary shareholders[166]. - The top three shareholders are Huang Huahua, Ma Wei, and Liu Lang, collectively holding 28.7986% of the voting shares[172]. - Huang Huahua holds 25,286,468 shares, representing 16.4854% of the total shares[168]. - The total shares held by the top ten shareholders amount to 74,946,869, which is 48.8612% of the total shares[169]. - The company has no controlling shareholder, as no single shareholder holds more than 50% of the shares[170].
中设咨询(833873) - 2021 Q4 - 年度财报