Financial Performance - The company's revenue increased by 28.9% year-on-year to MOP 912.0 million, compared to MOP 707.3 million in the previous fiscal year[14]. - Net profit surged by 148.4% to MOP 126.5 million, up from MOP 50.9 million in the previous fiscal year[14]. - Gross profit rose by 98.5% to MOP 173.4 million, compared to MOP 87.4 million in the previous fiscal year[14]. - The gross margin improved to 19.0%, up from 12.4% in the previous fiscal year, while the net profit margin increased to 13.9% from 7.2%[14]. - The company's total revenue for the fiscal year 2021 increased by MOP 204.7 million or 28.9%, reaching MOP 911.98 million, compared to MOP 707.31 million in 2020[21]. - Revenue from construction and renovation projects rose by MOP 170.7 million or 36.7%, while electromechanical engineering services revenue increased by MOP 36.3 million or 23.8%[21]. Electric Vehicle Charging Business - The company secured contracts to provide electric vehicle charging systems for approximately 5,100 private and public parking spaces in the Greater Bay Area, including Guangdong Province and Macau[9]. - The electric vehicle charging business has achieved significant breakthroughs and has not been adversely affected by the pandemic[9]. - The electric vehicle charging business has established projects covering approximately 5,100 private and public parking spaces in Guangdong and Macau[17]. - The company acquired a 49% stake in MS E.Mobi, enhancing its capabilities in electric vehicle charging infrastructure and technology[18]. - The electric bicycle battery swapping system was successfully launched in Q4 2021, with 2,070 lithium iron phosphate batteries assembled for users in Guangzhou[19]. - The electric vehicle charging business recorded a loss of MOP 1.55 million, attributed to installation costs of approximately MOP 1.1 million for charging facilities[24]. Construction Industry Outlook - The Macau government's policy emphasizes pandemic prevention, economic recovery, and urban planning, which is favorable for the company's construction business development[8]. - The Macao government announced an investment of MOP 20 billion in construction projects, surpassing the MOP 10 billion allocated for casino construction projects[48]. - The government plans to build approximately 15,400 social and economic housing units in the first phase of the Macao New City Area from 2022 to 2024, indicating significant demand for the construction industry[48]. - The Macao government intends to invest MOP 400 billion in infrastructure projects in Hengqin over the next decade, which is expected to increase demand for construction services[49]. - The construction industry in Macao is expected to see increased investment from operators following the issuance of new gaming licenses in 2022, further driving demand[49]. Environmental, Social, and Governance (ESG) Initiatives - The company aims to enhance stakeholder value and ensure sustainable growth through a three-tier management framework focused on environmental, social, and governance (ESG) initiatives[71]. - The company is committed to achieving carbon peak by 2030, aligning with national environmental strategies and promoting clean energy alternatives[50]. - The company has received ISO 14001:2015 certification for its environmental management system, demonstrating its commitment to promoting green practices[79]. - The company emphasizes compliance with environmental regulations and has established a framework to monitor adherence to local and international standards[79]. - The company has established an ISO 14001:2015 certified environmental management system to minimize its environmental impact[95]. Corporate Governance - The company has adopted the corporate governance code as a framework to protect shareholder interests and enhance transparency[137]. - The board consists of five members, including two executive directors and three independent non-executive directors, ensuring a balanced skill set for effective leadership[143]. - The board has established three committees to oversee various aspects of the company's affairs: the Audit Committee, Nomination Committee, and Remuneration Committee[142]. - The company has implemented appropriate insurance for directors and senior management against legal claims arising from company activities[153]. - The company has a commitment to corporate governance and regularly hires independent consultants to evaluate the effectiveness of its internal control systems[117]. Employee and Labor Practices - The total number of employees as of December 31, 2021, was 295, a decrease from 355 in the fiscal year 2020[47]. - The employee turnover rate was 64% for males and 24% for females, with the highest turnover rate of 73% among other staff categories[103]. - The company has a commitment to equal opportunity and diversity, strictly prohibiting any form of discrimination in the workplace[98]. - The company encourages work-life balance by providing reasonable working hours and organizing employee gatherings to enhance morale[100]. - The company has implemented an OHSAS 18001:2007 certified occupational health and safety management system to ensure compliance with safety regulations and improve safety performance[105]. Financial Management and Reporting - The total value of contracts in hand as of December 31, 2021, was approximately MOP 873.6 million, with an expected total of MOP 1 billion for Q1 2022[16]. - The net proceeds from the global offering amounted to MOP 269.4 million, with actual utilization as of December 31, 2021, totaling MOP 239.9 million[41]. - The company reported a proposed final dividend of HKD 0.033 per share for the year ended December 31, 2021, subject to shareholder approval at the upcoming annual general meeting[192]. - The company issued 595,741,000 bonus shares based on a ratio of one bonus share for every two existing shares held, completed on June 29, 2021[194]. - The company’s financial summary for the past five fiscal years is detailed on page 140 of the annual report, providing insights into performance, assets, and liabilities[196].
澳能建设(01183) - 2021 - 年度财报