NJGK(SH:600064)2022-04-19 16:00Financial Performance - The net profit attributable to shareholders for 2021 was ¥2,352,053,055.62, with the parent company achieving a net profit of ¥2,324,257,910.55 after a 10% statutory surplus reserve of ¥232,425,791.06 was deducted[6]. - The total distributable profit for shareholders for the year was ¥9,357,726,941.96, after accounting for retained earnings and dividends from the previous year[6]. - The company reported a retained profit of ¥8,121,770,053.96 to be carried forward to future years after the distribution[7]. - The company's operating revenue for 2021 was ¥4,918,628,733.89, representing a 69.40% increase compared to ¥2,903,536,226.11 in 2020[27]. - The net profit attributable to shareholders of the listed company for 2021 was ¥2,352,053,055.62, a 16.68% increase from ¥2,015,788,602.31 in 2020[27]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,981,555,304.56, reflecting a 35.29% increase from ¥1,464,707,899.41 in 2020[27]. - The net cash flow from operating activities for 2021 was ¥501,491,272.83, a significant recovery from a negative cash flow of -¥2,177,567,887.82 in 2020[27]. - The total assets at the end of 2021 were ¥33,029,444,750.21, a slight increase of 1.26% from ¥32,618,608,742.96 at the end of 2020[27]. - The net assets attributable to shareholders of the listed company increased by 13.71% to ¥15,070,869,898.70 at the end of 2021 from ¥13,254,283,245.99 at the end of 2020[27]. - The basic earnings per share for 2021 were ¥1.903, up 16.68% from ¥1.631 in 2020[27]. - The weighted average return on net assets for 2021 was 16.67%, an increase of 0.59 percentage points from 16.08% in 2020[27]. Profit Distribution - The board approved a profit distribution plan to distribute a cash dividend of ¥6 per 10 shares and issue 4 bonus shares for every 10 shares, totaling a distribution of ¥1,235,956,888.00[7]. - The proposed profit distribution for 2021 includes a cash dividend of 0.6 yuan per 10 shares and 4 bonus shares per 10 shares, totaling 1,235,956,888 yuan, with remaining distributable profits of 8,121,770,053.96 yuan[190]. - The company has distributed a total cash dividend exceeding 4.2 billion yuan since its listing, which is 683% of the total fundraising amount of 615 million yuan[188]. - For the 2020 profit distribution, the company approved a cash dividend of 0.5 yuan per 10 shares, totaling 617,978,444 yuan, with remaining distributable profits of 7,196,235,032.22 yuan[188]. Risk Management - The company has outlined various risks including macroeconomic, business development, investment management, and financial risks in its management discussion[11]. - The company emphasizes that forward-looking statements do not constitute substantive commitments to investors, highlighting the importance of investment risk awareness[8]. - The company’s risk management framework has been continuously optimized to proactively mitigate potential risks amid complex macroeconomic conditions[73]. - The company faces macroeconomic risks, including potential impacts from the ongoing global pandemic and local economic conditions affecting real estate and investment businesses[145]. - The company emphasizes risk management and innovation mechanisms to ensure sustainable high-quality development, including optimizing fund allocation and enhancing cash recovery efforts[142]. Corporate Governance - The audit report from Lixin Accounting Firm confirmed the financial report's authenticity and completeness, providing a standard unqualified opinion[5]. - The board of directors was fully present at the meeting to approve the annual report[5]. - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating a clean compliance record[172]. - The company is committed to improving governance structures and enhancing information disclosure to protect shareholder interests[151]. - The company has established a comprehensive internal control management system in accordance with relevant laws and regulations, ensuring compliance and asset security[196]. - The internal control audit report received a standard unqualified opinion, confirming the effectiveness of the internal control system[199]. - The company has established a performance evaluation mechanism for senior management based on key economic indicators and personal work performance[195]. - The company has a structured decision-making process for remuneration, ensuring transparency and fairness in compensation[170]. Investment and Business Development - The increase in operating revenue was primarily due to higher income from the sale of affordable housing projects and municipal infrastructure construction[30]. - The company achieved an investment income of 2.367123 billion yuan, a year-on-year increase of 61.86%[47]. - The company focused on technology innovation in its equity investment business, with new investments in several tech firms during the reporting period[45]. - The company is focusing on risk management and business transformation to achieve sustainable development amid economic pressures[137]. - The company plans to deepen integration in municipal business, enhance core competitiveness, and expand construction contracting by leveraging its industry chain advantages[141]. - The company will focus on steady development of equity investment, enhancing platform collaboration, and exploring interactive investment opportunities in technology innovation sectors[141]. - The company has over 16 billion yuan in equity assets as of the reporting period, with plans for selective new investments[146]. Employee and Management - The company employs a total of 437 staff, with 200 in technical roles and 40 in sales[182]. - The company has established a performance-based compensation system that emphasizes strategic alignment and fairness[186]. - The company emphasizes employee training and has developed a comprehensive training system to meet diverse learning needs[187]. - The company has a total of 64 employees in the parent company and 373 in major subsidiaries[182]. - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 6.7934 million yuan[170]. Environmental and Social Responsibility - The wastewater treatment plant has a processing capacity of 40,000 tons per day, adhering to the Class A standard for pollutant discharge[200]. - The total pollutant control for COD is set at ≤707.2 tons/year, and for ammonia nitrogen at ≤70.7 tons/year, with no instances of exceeding discharge limits reported during the reporting period[200]. - The company continues to be included in the Shanghai Stock Exchange Governance Index and Social Responsibility Index, maintaining a positive market image[152].