Yuejian Intelligent(SH:603095)2022-04-14 16:00Financial Performance - The company's operating revenue for 2021 reached ¥1,550,207,862.97, representing a 109.82% increase compared to ¥738,824,383.42 in 2020[22]. - Net profit attributable to shareholders was ¥323,936,180.39, a significant increase of 162.20% from ¥123,546,563.15 in the previous year[23]. - The net profit after deducting non-recurring gains and losses was ¥205,311,565.65, up 126.08% from ¥90,813,555.48 in 2020[23]. - The net cash flow from operating activities was ¥329,502,632.42, an increase of 178.04% compared to ¥118,510,959.29 in 2020[22]. - Basic earnings per share for 2021 were ¥2.45, a 140.20% increase from ¥1.02 in 2020[23]. - The weighted average return on equity rose to 15.59%, an increase of 7.97 percentage points from 7.62% in 2020[23]. - Total assets at the end of 2021 were ¥3,353,234,453.33, a 24.78% increase from ¥2,687,211,892.91 at the end of 2020[22]. - The net profit attributable to shareholders reached CNY 32,393.62 million, with a year-on-year increase of 162.20%[47]. - The company reported a significant increase in revenue from the East China region, which rose by 116.96% year-over-year, making it the primary sales area[55]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 8.00 per 10 shares, totaling RMB 105.6 million, which represents 32.60% of the net profit attributable to shareholders for the year[6]. - The company does not plan to conduct any other forms of profit distribution aside from cash dividends for the year[6]. - The company’s cash dividend for 2020 was RMB 5.00 per 10 shares, totaling RMB 66 million, accounting for 53.42% of the net profit attributable to shareholders[122]. Research and Development - Research and development expenditure amounted to 51.66 million yuan, reflecting a 57.01% increase compared to the previous year[35]. - The company holds over 100 independent intellectual property rights, including 27 invention patents, showcasing its strong technological and quality advantages[44]. - The company has allocated resources for research and development to enhance its technological capabilities and product offerings[199]. - The number of R&D personnel was 77, representing 10.97% of the total workforce[64]. - Total R&D expenditure accounted for 3.33% of operating revenue, with no capitalized R&D costs reported[63]. Corporate Governance - The company’s board of directors and supervisory board members have confirmed the accuracy and completeness of the annual report[4]. - The company maintains an independent operational structure, with no shared bank accounts or financial personnel with the controlling shareholder[98]. - The board consists of 7 members, including 4 independent directors, ensuring a majority of independent oversight[96]. - The company has established a complete financial accounting system, enabling independent financial decision-making[98]. - The company has a robust internal control system, enhancing its operational compliance and governance[95]. Risks and Challenges - The company has not identified any significant risks that could materially affect its operations during the reporting period[9]. - The company is facing risks related to customer acquisition due to the cyclical nature of its product sales[91]. - The company acknowledges the risk of technological advancements by competitors potentially replacing its products[93]. - The company is at risk of losing tax benefits if it fails to maintain its high-tech enterprise status[91]. Employee and Management Information - The company has a total of 702 employees, with 647 in the parent company and 55 in major subsidiaries[118]. - The total remuneration for all directors, supervisors, and senior management was 3.2285 million yuan at the end of the reporting period[108]. - The company has established a comprehensive salary and benefits system based on industry standards and employee performance[119]. - The company emphasizes the importance of training and development for its employees through various training programs[120]. Environmental and Social Responsibility - The company has invested in adequate environmental protection facilities and has complied with relevant environmental laws and regulations[130]. - There were no administrative penalties due to environmental issues during the reporting period[130]. - The company is committed to sustainable production practices, emphasizing environmentally friendly manufacturing technologies[87]. Financial Position - The company's total liabilities were CNY 1,106,559,906.48, compared to CNY 739,320,590.50 in 2020, which is an increase of approximately 49.7%[192]. - The company's long-term equity investments increased to CNY 102,879,440.89 from CNY 66,879,812.47, showing a growth of approximately 54.0%[192]. - The company's cash and cash equivalents increased by 117.77% to ¥867,511,052.54, representing 25.87% of total assets[72]. - The company has not provided any guarantees to shareholders, actual controllers, or related parties[147]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 11,627, an increase from 11,413 at the end of the previous month[161]. - The top ten shareholders hold a total of 94,600,100 shares, with the largest shareholder being Zhejiang Yuejian Holding Co., Ltd. at 46,178,550 shares[160]. - All major shareholders have a lock-up period of 36 months from the date of listing for their shares[166]. - The actual controller of the company is Sun Jianhua, who is also the chairman[169].