RocKontrol(SH:688051)2022-05-18 16:00Financial Performance - The company reported a net profit attributable to shareholders of -129,246,253.48 RMB for the year ended December 31, 2021[7]. - The actual distributable profit at year-end was 210,925,447.46 RMB, but due to negative profit, no cash dividends will be distributed[7]. - The company's operating revenue for 2021 was ¥486,347,694.22, a decrease of 28.63% compared to ¥681,426,486.26 in 2020[20]. - The net profit attributable to shareholders was -¥129,246,253.48 in 2021, representing a decline of 173.04% from ¥176,947,317.29 in 2020[20]. - The basic earnings per share for 2021 was -¥1.67, a decrease of 168.44% compared to ¥2.44 in 2020[21]. - The company's total assets at the end of 2021 were ¥1,858,195,478.37, down 7.03% from ¥1,998,660,443.95 in 2020[20]. - The company's net assets attributable to shareholders decreased by 11.35% to ¥1,322,999,391.90 at the end of 2021 from ¥1,492,372,421.18 in 2020[20]. - The company reported a total of ¥22,697,372.64 in non-recurring gains and losses for 2021, compared to ¥34,616,242.18 in 2020[25]. - The weighted average return on equity for 2021 was -9.23%, a decrease of 23.94 percentage points from 14.71% in 2020[21]. - The company experienced a significant decline in net profit in the fourth quarter of 2021, reporting -¥127,180,618.07 attributable to shareholders[23]. Corporate Governance - Deloitte Huayong issued a qualified audit opinion on the financial statements, indicating concerns about the commercial substance of certain transactions[5]. - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[8]. - There are no special arrangements for corporate governance or significant matters affecting the company[8]. - The company has not proposed any capital reserve transfer to increase share capital for the year[7]. - The company’s registered address was changed to No. 205, Jingtong Street, Taihu Town, Tongzhou District, Beijing[14]. - The company’s financial report is signed and stamped by the responsible persons, ensuring its authenticity and completeness[6]. Research and Development - Research and development expenses accounted for 32.59% of operating revenue in 2021, an increase of 19.23 percentage points from 13.36% in 2020[21]. - The company has established a low-carbon development center, focusing on the planning, design, and development of low-carbon products, including the "Carbon Chain" series[33]. - The company is enhancing its data processing capabilities through a "data factory" system, focusing on data perception and processing to increase data value[36]. - The company is leveraging AI and model algorithms for pollution analysis and environmental forecasting, improving the intelligence of environmental supervision[32]. - The company aims to create a dual-direction service SaaS standard product to support its transformation into a platform-oriented business[33]. - The company has developed various government service systems, including an OA management system and project management system, to enhance efficiency and transparency in public administration[52]. - The company has established a comprehensive R&D system, focusing on IoT technology, big data, and AI, with continuous growth in R&D investment over the past three years[184]. - The company achieved a total R&D investment of 158.51 million yuan, representing a 74.12% increase compared to the previous year[134]. - The proportion of R&D investment to operating income reached 32.59%, an increase of 19.23% year-on-year[134]. - The company has developed a variety of platforms, including an IoT database and a cloud data sharing platform, enhancing its technological capabilities[184]. Market Expansion and Technology Integration - The company is actively expanding its market presence and user base by offering SaaS-based data services and solutions in the environmental sector[39]. - The company has built an IoT-based ecological environment big data platform, providing a complete closed-loop management service for environmental data operations, enhancing scientific and refined environmental supervision[43]. - The company is focusing on integrating new information technologies with a goal of enhancing safety production and environmental protection through industrial internet applications[57]. - The company is leveraging its core technology to develop new data products, enhancing the value of its accumulated data resources[69]. - The company is focusing on the development of new technologies, including IoT, big data, and AI, to support environmental monitoring and management[164]. - The company is expanding its market presence by developing a comprehensive product ecosystem that includes mobile and desktop applications[164]. - The company aims to provide data support for targeted governance in key areas, leveraging its advanced environmental monitoring technologies[164]. Environmental Initiatives - The company is committed to low-carbon development by monitoring greenhouse gas emissions and implementing reduction targets[60]. - The company has established a comprehensive ecological environment monitoring system to achieve real-time monitoring of air, water, and hazardous waste within the park[59]. - The company aims to enhance emergency response capabilities by building a digital emergency management platform that integrates park emergency resources[59]. - The company has achieved significant recognition in the market, receiving commendations from various environmental protection departments, with notable improvements in air quality in several cities, including Haikou ranking first among 168 key cities in air quality[48]. - The company is in the early stages of its dual-carbon business, which may impact overall profits in the short term but is not expected to significantly affect the group[196]. - The company is focusing on data accumulation and customer exploration in the IoT sector to enhance its competitive advantage[199]. Risks and Challenges - The company faces risks related to intensified market competition and the need to maintain technological leadership to avoid market share decline[195]. - The company has implemented a stock incentive plan and improved welfare to retain core technical personnel amid high turnover rates in the software industry[193]. - The company is increasing R&D investment to maintain technological competitiveness, but there is a risk of asset impairment if projects fail or do not generate economic benefits[198]. - The company faces competition from major players like Tencent and Alibaba in the IoT sector, which may affect its ability to maintain existing customers and acquire new ones[199]. - The implementation of the EU's Carbon Border Adjustment Mechanism (CBAM) in 2023 may introduce uncertainties in the domestic carbon market and impact the company's dual-carbon business[196]. - The ongoing COVID-19 pandemic poses operational risks, potentially delaying production and sales activities due to government policies and workforce availability[200].