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顺发恒业(000631) - 2021 Q4 - 年度财报
SFHYSFHY(SZ:000631)2023-08-08 16:00

Financial Performance - The company's operating revenue for 2021 was ¥271,980,037.86, a decrease of 58.14% compared to ¥649,697,807.98 in 2020[22]. - The company has reported a significant decline in revenue, with a drop from ¥1,648,829,583.73 in 2019 to ¥271,980,037.86 in 2021[22]. - The net profit attributable to shareholders of the listed company for 2021 was ¥95,551,741.92, a decrease of 64.08% compared to the previous year[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥60,703,857.82, down 68.30% year-on-year[24]. - The basic earnings per share for 2021 was ¥0.04, a decrease of 63.64% compared to the previous year[24]. - The weighted average return on equity was 1.52%, down from 3.81% in the previous year[24]. - The company achieved total operating revenue of CNY 271.98 million, a decrease of 58.14% compared to the previous year[44]. - The net profit attributable to the parent company was CNY 95.55 million, down 64.08% year-on-year[44]. Cash Flow and Assets - The net cash flow from operating activities was ¥1,495,496,555.84, an increase of 185.11% compared to the previous year[24]. - The total assets at the end of 2021 were ¥9,090,496,518.77, representing a 15.87% increase from the end of 2020[24]. - Operating cash inflow increased by 294.73% to 2,124,110,618.96 yuan, while cash outflow decreased by 72.61% to 628,614,063.12 yuan[61]. - The company's cash and cash equivalents increased by 1,310,713,903.13 yuan, reflecting a substantial growth[62]. - The total assets included cash of 5,376,524,840.60 yuan, which constituted 59.14% of total assets[64]. Business Operations - The company has not made any changes to its major business operations during the reporting period[22]. - The company has confirmed that it will not make any forward-looking profit commitments for 2022 due to uncertainties[5]. - The company has not commenced any new construction projects in 2021, resulting in a 100% decrease in new construction area[51]. - The company has begun to venture into the wind power industry, focusing on the development, construction, and operation of wind power projects, converting wind energy into electricity for sale[36]. - The company is actively pursuing market expansion and new strategies, including the development of renewable energy projects in line with provincial policies[40]. Market Conditions - The company faced significant challenges in the real estate market due to policy changes and economic pressures, impacting overall performance[33]. - The property service market is experiencing increased competition and consolidation, with major players expanding their market share through acquisitions[34]. - The wind power market is expected to grow significantly as China aims for carbon neutrality, with supportive policies being implemented[35]. - The company’s main business revenue primarily comes from the real estate sector and property services, with significant projects located in Zhejiang (Hangzhou) and Anhui (Huainan)[36]. Shareholder and Governance - The company plans not to distribute cash dividends or issue bonus shares for the year[6]. - The company has acknowledged potential risks in its operations and has outlined strategies to address them[5]. - The company has improved its corporate governance structure and internal control systems, ensuring compliance with relevant laws and regulations[92]. - The company maintains complete independence from its controlling shareholder in terms of assets, personnel, finance, and operations[95]. - The company has established an independent financial management department and operates with its own financial systems and tax obligations[95]. Strategic Initiatives - The company is focusing on clean energy and smart mobility, aiming for a low-carbon and sustainable development strategy[44]. - The company is committed to optimizing its talent structure and management systems to meet the demands of its evolving business strategy[86]. - The company is responding to the "carbon peak and carbon neutrality" strategy by developing clean energy technologies and exploring smart city service models[81]. - The company aims to position itself as a "city construction management service provider" and to become a participant in exploring better urban living, with a mission to enhance urban experiences and images[121]. Risks and Challenges - The company faces risks from policy changes in the real estate and wind power sectors, which could impact future growth and operational stability[84]. - The competitive landscape in the clean energy sector is intensifying, with a focus on project development and resource acquisition to enhance market share[87]. - The company has strengthened safety management and technical supervision to mitigate risks from extreme weather affecting wind power projects in coastal Zhejiang[88]. Employee and Social Responsibility - The total number of employees at the end of the reporting period was 531, with 2 from the parent company and 529 from major subsidiaries[127]. - The company fully paid social insurance and housing provident fund for all employees, ensuring the protection of employee rights[149]. - The company actively engaged in social responsibility initiatives, including a monthly donation campaign to support community welfare[149].