Financial Performance - The company's operating revenue for the year ended December 31, 2021, was RMB 871,587,000, an increase from RMB 842,020,000 in 2020, representing a growth of approximately 3.5%[5] - The net profit attributable to the company's owners for 2021 was RMB 160,015,000, compared to RMB 151,778,000 in 2020, reflecting an increase of about 5.5%[5] - The basic earnings per share for 2021 was RMB 0.43, up from RMB 0.41 in 2020, indicating a growth of approximately 4.9%[5] - The gross profit margin for the year was 20.61%, down from 23.87% in the previous year[10] - The net profit attributable to shareholders was approximately RMB 160,014,985, an increase of about RMB 8,236,713 or 5.43% compared to RMB 151,778,272 in the previous year[10] - The company's revenue for the year ended December 31, 2021, was approximately RMB 871,587,320, representing an increase of about 3.51% compared to RMB 842,019,695 in the previous year[18] - Gross profit for the same period was approximately RMB 179,672,752, with a gross margin of 20.61%, down from a gross profit of RMB 201,024,167 and a margin of 23.87% in the previous year[18] - Main business revenue was approximately RMB 861,917,168, with a year-on-year growth of about 3.15%, while main business costs were approximately RMB 687,127,067, reflecting a year-on-year increase of about 7.58%[23] Assets and Liabilities - Total assets as of December 31, 2021, amounted to RMB 2,464,112,000, an increase from RMB 2,224,360,000 in 2020, representing a growth of around 10.8%[7] - The total liabilities for the year 2021 were RMB 238,543,000, significantly higher than RMB 116,568,000 in 2020, indicating a substantial increase of approximately 104.5%[7] - The total equity attributable to the company's owners was RMB 2,225,569,000 as of December 31, 2021, up from RMB 2,107,792,000 in 2020, representing an increase of approximately 5.6%[7] - The company's cash and cash equivalents amounted to approximately RMB 380,359,588, with a debt-to-asset ratio of about 9.68%[57] - The total amount of bank loans outstanding as of December 31, 2021, was RMB 100,058,819, all of which were short-term loans with fixed annual interest rates ranging from 3.80% to 3.85%[56] Research and Development - The company increased its R&D expenses by 57.21% to RMB 12,430,586, indicating a commitment to innovation and product development[20] - The company employed 42 R&D personnel, representing 5.65% of the total workforce[30] - The company is undertaking key technology research for the efficient processing of concentrated strawberry juice and optimizing juice processing techniques in 2022[15] - The company is committed to research and development of new products and technologies to stay competitive in the market[60] Market Strategy and Expansion - The company plans to continue expanding its market presence and investing in new product development to drive future growth[9] - The company aims to increase its market share domestically while maintaining its leadership position in exports, leveraging its advantages in capital and management[13] - The company plans to continue expanding its market presence and enhance production capacity, focusing on the development and sales of apple fructose, pear fructose, and apple cloudy juice products[14] - The company aims to expand its market presence and product diversification, targeting emerging markets while maintaining existing customer relationships[39] Corporate Governance - The company has implemented high-level corporate governance practices in compliance with the Shanghai and Hong Kong listing rules[69] - The board of directors is responsible for developing and reviewing the company's corporate governance policies and practices[71] - The company has established four committees: Audit Committee, Nomination Committee, Remuneration and Assessment Committee, and Strategic Committee, each with defined responsibilities[79] - The company has adopted a board diversity policy to enhance performance through diverse skills and experiences[103] Risk Management - The company monitors foreign currency transactions to mitigate exchange rate risks, particularly as its export business is primarily settled in USD[50] - The internal control system is regularly reviewed by the board and the audit committee to ensure its effectiveness in managing risks and safeguarding assets[85] - The risk management strategy includes identifying, assessing, and managing significant risks across different business units, with the audit committee overseeing this process[94] Dividend and Shareholder Information - The board proposed a dividend of RMB 0.5 per ten shares for the year 2021[16] - The company is committed to distributing at least 10% of its distributable profits as cash dividends in profitable years[107] - The company has confirmed that the withholding tax rate for dividends paid to overseas shareholders is generally 10%[124] Employee Information - The average number of employees decreased to 913 in the fiscal year ending December 31, 2021, down from 992 in 2020, with employee costs amounting to approximately RMB 65,849,059[140] Related Party Transactions - The company has established a procurement framework agreement with Andeli Pectin to regulate product procurement from January 1, 2019, to December 31, 2022[168] - The company has implemented sufficient internal control procedures to ensure that related transactions are conducted fairly and in the best interest of the company and its shareholders[165] Financial Audit - The audit opinion states that the financial statements fairly reflect the financial position and operating results of the company for the year ended December 31, 2021[186] - Key audit matters identified include accounts receivable impairment, revenue recognition, and inventory confirmation[188] - The audit committee held five meetings during the reporting period, with all members present[181]
安德利果汁(02218) - 2021 - 年度财报