INLY(SH:603598)2022-04-29 16:00Financial Performance - The company's operating revenue for 2021 was ¥5,496,738,497.10, a decrease of 1.78% compared to ¥5,596,166,688.57 in 2020[21] - The net profit attributable to shareholders was a loss of ¥207,335,932.39, representing a decline of 302.99% from a profit of ¥102,138,635.20 in the previous year[21] - The basic earnings per share for 2021 was -¥0.77, a decline of 302.63% from ¥0.38 in 2020[22] - The diluted earnings per share for 2021 was -0.77 CNY, a decrease of 302.63% compared to the previous year[23] - The net profit attributable to shareholders for Q4 2021 was -279,642,116.7 CNY, marking a significant decline from previous quarters[26] - The company reported a net loss of CNY 44,519,744.80 for the year 2021, compared to a profit of CNY 188,832,134.89 in 2020, indicating a significant turnaround in performance[200] Cash Flow and Assets - The net cash flow from operating activities was ¥183,327,838.45, a significant improvement from a negative cash flow of ¥23,373,539.84 in 2020, marking an increase of 884.34%[21] - The net cash flow from operating activities in Q4 2021 was 136,545,434.11 CNY, indicating a recovery from previous quarters[26] - The total assets decreased by 18.67% to ¥1,705,398,221.10 at the end of 2021, down from ¥2,096,844,922.83 at the end of 2020[21] - The total equity attributable to shareholders decreased to CNY 247,089,526.37 in 2021 from CNY 450,916,352.21 in 2020, a drop of approximately 45.2%[200] - Accounts receivable decreased significantly to CNY 1,037,720,541.65 in 2021 from CNY 1,222,419,026.71 in 2020, a decline of around 15.1%[198] Business Operations and Strategy - The company aims to leverage digital technology to enhance brand analysis, user insights, and integrated marketing services[30] - The company has established a data technology platform to enhance marketing services and improve operational capabilities[31] - The company has strengthened its position in content marketing, with notable collaborations in various media productions[32] - The company aims to enhance its supply chain capabilities and expand its DP e-commerce business, building a cross-platform sales network and improving brand incubation capabilities[36] - The company has developed its proprietary "Nuclear Power System," enhancing operational efficiency and enabling precise advertising targeting through features like data analysis and multi-end data sharing[33] Market Trends and Projections - The Chinese online advertising market is projected to grow to 934.3 billion yuan in 2021, with a year-on-year increase of 21.9%[37] - The live e-commerce market is expected to reach 2.27 trillion yuan in 2021, reflecting a year-on-year growth rate of approximately 83.3%[39] - The brand e-commerce service market in China is anticipated to exceed 295 billion yuan in 2021, with a compound annual growth rate of 31.4%[39] - The metaverse is projected to reach a market size of $800 billion by 2024, reshaping the marketing landscape and driving demand for innovative digital marketing solutions[40] Corporate Governance and Compliance - The company has implemented a robust corporate governance structure, ensuring compliance with laws and regulations, and protecting shareholder rights[90] - The company emphasizes transparency in information disclosure, adhering to regulations to ensure all shareholders have equal access to information[91] - The company has not faced any penalties from securities regulatory authorities in the past three years[105] - The company has established specialized committees under the board, including audit, nomination, remuneration and assessment, and strategy committees[108] Employee and Management Information - The total number of employees at the parent company and major subsidiaries is 1,004, with 177 at the parent company and 827 at subsidiaries[117] - The employee composition includes 162 sales personnel, 44 technical staff, and 464 business support personnel[117] - The company has a training plan aimed at enhancing core competitiveness and improving employee management quality[120] - The total remuneration for all directors, supervisors, and senior management during the reporting period amounted to 610.15 million yuan[103] Shareholder Information - The total number of shares held by the chairman, Luo Yanjie, decreased from 119,525,000 to 114,525,000, a reduction of 5,000,000 shares due to a divestment plan[96] - The total number of shares held by all directors, supervisors, and senior management at the end of the reporting period was 115,389,300, down from 121,069,800, a decrease of 5,680,500 shares[99] - The largest shareholder, Luo Yanjie, holds 114,525,000 shares, representing 42.76% of the total shares, with 51,464,700 shares pledged[168] Research and Development - The company invested CNY 8,819.48 million in research and development, reflecting a 2.53% increase compared to the previous year[56] - The total number of R&D personnel is 33, representing 3.29% of the company's total workforce, with a majority holding bachelor's degrees[67] - The company is investing $50 million in research and development for new technologies aimed at enhancing user experience[141] Risk Management - The report includes a risk statement regarding forward-looking statements, advising investors to be aware of investment risks[6] - The company faces potential policy risks due to new regulations such as the "Data Security Law" and "Personal Information Protection Law," which may introduce uncertainties in operations[85] - The company has not reported any risk issues during the reporting period according to the Supervisory Board[116]