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大恒科技(600288) - 2021 Q4 - 年度财报
DHKJDHKJ(SH:600288)2022-04-19 16:00

Financial Performance - In 2021, the company achieved a net profit of ¥72,382,411.62, with a net profit attributable to shareholders of ¥91,936,469.01, representing a significant financial performance [5]. - The company's operating revenue for 2021 was CNY 2,537,098,601.10, representing a 9.59% increase compared to CNY 2,315,175,744.25 in 2020 [23]. - The net profit attributable to shareholders for 2021 was CNY 91,936,469.01, a significant increase of 60.65% from CNY 57,228,242.63 in 2020 [23]. - The basic earnings per share for 2021 was CNY 0.2105, up 60.69% from CNY 0.1310 in 2020 [24]. - The weighted average return on equity for 2021 was 5.29%, an increase of 1.86 percentage points from 3.43% in 2020 [24]. - The company reported a net profit of CNY 64,116,201.50 in Q2 2021, following a loss of CNY 24,076,873.28 in Q1 2021 [26]. - The company recognized non-recurring gains of CNY 44,254,212.11 in 2021, compared to CNY 13,803,275.78 in 2020 [28]. - The total comprehensive income for the year was 72,329,683.46, down from 86,172,399.49 in the previous year [199]. Dividend and Retained Earnings - The company plans to distribute a cash dividend of ¥0.05 per 10 shares, amounting to a total distribution of ¥2,184,000.00, which is 2.38% of the net profit attributable to shareholders [5]. - The company has a retained earnings balance of ¥1,015,973,175.19 available for distribution to shareholders [5]. - The proposed cash dividend for 2021 is 0.05 CNY per 10 shares, totaling 2,184,000.00 CNY, which represents 2.38% of the net profit attributable to shareholders [121]. - The company has accumulated distributable profits of 1,015,973,175.19 CNY after allocating a statutory surplus reserve of 7,452,474.64 CNY [121]. Operational Challenges - The company is facing uncertainties in achieving its 2022 operational goals due to the impact of the global COVID-19 pandemic and business restructuring [10]. - The company has faced risks related to the freezing of shares held by its controlling shareholder, which has been ongoing since 2015 [8]. - The ongoing "chip shortage" has significantly impacted supply cycles and raw material costs, potentially reducing gross margins [86]. - The semiconductor supply issues are expected to remain tight, affecting the company's market share against larger competitors [87]. - The company is facing risks related to talent retention, which may impact project progress and customer service quality [87]. Market and Industry Insights - The growth in performance was driven by the rapid expansion of the new energy battery industry and increased demand for optical components used in nucleic acid testing due to pandemic control measures [32]. - The global machine vision market grew from $3.17 billion in 2010 to $10.7 billion in 2020, with a compound annual growth rate of 14.47% [35]. - The machine vision industry in China is expected to reach RMB 19.7 billion by 2023, with a compound annual growth rate of 17.6% from 2019 to 2023 [81]. - The market for terahertz components and systems is projected to grow from USD 5.6 million in 2015 to USD 415 million by 2023, indicating significant market expansion opportunities [82]. Research and Development - The company invested RMB 224.92 million in research and development during the reporting period, enhancing its core competitiveness [45]. - The company plans to increase R&D investment to enhance business competitiveness and improve product usability in 2022 [85]. - The company has developed a series of products and solutions in 4K/8K audio-visual processing, AI, big data, and cloud computing, enhancing its market position in the media industry [43]. Corporate Governance - The company has established a comprehensive performance management and compensation system to promote performance evaluation and incentive mechanisms [95]. - The board of directors consists of four committees: strategy, nomination, audit, and compensation, overseeing major investments and performance evaluations [93]. - The company continues to enhance investor relations management, responding to inquiries from shareholders and investors regarding operations and governance [95]. - The company has a robust internal management structure that operates independently from its controlling shareholders [95]. Legal and Compliance Matters - The company has initiated arbitration against Apple Inc. for unpaid rebate claims amounting to approximately ¥74,446,866, with a counterclaim from Apple pending [9]. - The company has not reported any major litigation or arbitration matters that have not been disclosed in temporary announcements [137]. - The company has maintained compliance with court judgments and has no significant penalties or corrective actions reported [137]. Financial Management - The company has engaged in non-principal guaranteed financial management with a total amount of 704.84 million RMB, with an outstanding balance of 13 million RMB [143]. - The company has successfully recovered all expected returns from various non-principal guaranteed financial management projects, with annualized returns ranging from 1.6% to 4% [145]. - The company has diversified its financial management sources, primarily using self-owned funds for investments [145]. Employee and Workforce Insights - The total number of employees in the parent company and major subsidiaries is 2,408, with 206 in the parent company and 2,202 in subsidiaries [116]. - The company employed 606 R&D personnel, making up 25.17% of the total workforce [71]. - The educational background of employees includes 11 with doctoral degrees, 293 with master's degrees, and 1,162 with bachelor's degrees [117].