NBZB(SH:600857)2022-03-28 16:00Financial Performance - In 2021, the company achieved a net profit attributable to shareholders of RMB 35.86 million, representing a 59.38% increase compared to RMB 22.50 million in 2020[6]. - The company's operating revenue for 2021 was RMB 833.99 million, reflecting a 13.21% increase from RMB 736.65 million in 2020[21]. - The net cash flow from operating activities improved significantly to RMB 16.27 million in 2021, compared to a negative cash flow of RMB 149.13 million in 2020[21]. - The basic earnings per share increased to RMB 0.16 in 2021, a 60% rise from RMB 0.10 in 2020[22]. - The weighted average return on equity rose to 7.12% in 2021, an increase of 3.29 percentage points from 3.83% in 2020[23]. - The company reported a significant loss of 1.78 billion yuan due to a legal case, which has prompted the company to take various protective measures[31]. - The company reported a net loss of ¥51,576,664.57 in 2021, compared to a net loss of ¥87,441,172.16 in 2020, indicating an improvement in financial performance[161]. Assets and Liabilities - The total assets of the company decreased by 13.82% to RMB 958.47 million at the end of 2021, down from RMB 1,112.22 million at the end of 2020[21]. - The company’s net assets attributable to shareholders decreased by 10.18% to RMB 476.44 million at the end of 2021, compared to RMB 530.45 million at the end of 2020[21]. - The total liabilities at the end of the reporting period were 58,044,411.70 yuan, a decrease of 34.08% compared to the previous period[47]. - Total liabilities decreased from ¥491,198,503.03 in 2020 to ¥390,296,123.75 in 2021, a reduction of 20.5%[165]. Revenue and Costs - The main business revenue increased by 13.26% to 827,469,688.27 CNY, primarily due to the easing of the pandemic[37]. - The main business cost rose by 12.49% to 752,315,687.85 CNY, corresponding to the increase in revenue[38]. - The gross profit margin for the main business was 9.08%, reflecting a slight increase of 0.62 percentage points compared to the previous year[40]. - Total operating costs for 2021 were ¥807,795,454.32, up from ¥723,450,131.78 in 2020, reflecting a growth of 11.7%[166]. Market and Operational Strategy - The company plans to continue focusing on improving operational efficiency and exploring market expansion opportunities in the coming years[7]. - The company has focused on optimizing its brand and enhancing supplier relationships to improve product gross margins in the retail sector[30]. - The company is actively exploring new marketing strategies, including live streaming and short video promotions, to adapt to changing consumer behaviors[30]. - The company aims to stabilize and enhance property rental income through improved management and service[30]. Legal and Compliance Issues - The company has faced a total of 178,452,830.82 CNY in deductions from the Beijing First Intermediate Court due to a major lawsuit related to the former chairman's misconduct[63]. - The company has been involved in multiple legal proceedings, including an administrative lawsuit against the China Securities Regulatory Commission, which resulted in a final ruling against the company[121]. - The company has faced a lawsuit involving a total liability of approximately RMB 530 million due to a ruling from the Ningbo Intermediate People's Court[116]. - The company has been actively managing its legal risks and has taken steps to mitigate potential liabilities from ongoing lawsuits[121]. Corporate Governance - The company has established a robust internal control system to ensure compliance with laws and regulations, safeguarding shareholder interests[67]. - The company has been recognized as a five-star grassroots party organization by the Ningbo Municipal Organization Department, reflecting its commitment to corporate governance[75]. - The company’s board of directors includes members with diverse backgrounds in finance and management, enhancing strategic decision-making capabilities[80]. - The company has maintained effective management control over its subsidiaries in various aspects, including organizational structure and financial reporting[103]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 12,283, down from 13,144 at the end of the previous month[131]. - The largest shareholder, Tibet Zetian Investment Development Co., Ltd., holds 35,405,252 shares, representing 15.78% of the total shares[133]. - The company has not experienced any changes in its total share capital or share structure during the reporting period[130]. - The company has no plans for new share issuance or changes in shareholder structure during the reporting period[135]. Social Responsibility - The company donated 2,000 wool blankets valued at 200,000 RMB to a hospital in response to the COVID-19 pandemic[106]. - The company actively engaged in social responsibility initiatives, including one-on-one educational assistance and poverty alleviation activities[107].