*ST中期(000996) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥49,481,986.11, a decrease of 0.91% compared to ¥49,935,096.14 in 2020[20] - The net profit attributable to shareholders for 2021 was ¥2,009,771.67, representing a significant decline of 66.96% from ¥6,082,459.41 in 2020[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥1,489,760.90, down 83.32% from ¥8,930,829.22 in the previous year[20] - Basic earnings per share decreased by 67.05% to ¥0.0058 from ¥0.0176 in 2020[20] - The company reported a quarterly net profit of -¥4,478,464.34 in Q4 2021, indicating challenges in profitability during that period[24] - The weighted average return on net assets for 2021 was 0.42%, down from 1.28% in 2020, reflecting a decline in profitability[21] - The company reported a gross margin of 11.83% for the automotive service business, down 3.75% year-on-year[36] - The company reported a significant decrease in investment cash inflow, down 99.99% to ¥1,382.34, primarily due to the absence of dividend income from subsidiaries[44][45] - The company reported a significant increase in investment income, rising to ¥20,162,408.29 in 2021 from ¥11,865,236.35 in 2020[189] Assets and Liabilities - The total assets at the end of 2021 were ¥714,022,187.72, an increase of 6.80% from ¥668,550,601.88 at the end of 2020[21] - The net assets attributable to shareholders at the end of 2021 were ¥480,783,990.02, a slight increase of 0.21% from ¥479,772,191.21 at the end of 2020[21] - Total liabilities were CNY 233,238,197.70 as of December 31, 2021, compared to CNY 188,778,410.67 in 2020, marking an increase of around 23.54%[178] - The company's equity attributable to shareholders was CNY 480,783,990.02, slightly up from CNY 479,772,191.21 in 2020, showing a marginal increase of about 0.21%[178] - The total liabilities to equity ratio increased, indicating a higher leverage position for the company as of December 31, 2021[178] Cash Flow - The net cash flow from operating activities improved to -¥1,121,487.55, an 82.75% increase compared to -¥6,502,199.33 in 2020[20] - Operating cash inflow totaled ¥57,161,438.86, reflecting a 5.08% increase year-on-year[44] - The cash flow from operating activities showed a net outflow of ¥1,121,487.55 in 2021, an improvement from a net outflow of ¥6,502,199.33 in 2020[195] - The cash flow from investing activities resulted in a net outflow of ¥841,356.74 in 2021, compared to a net outflow of ¥4,175,918.76 in 2020[195] - The cash flow from financing activities had a net outflow of ¥267,238.90 in 2021, a decrease from a net inflow of ¥2,599,758.75 in 2020[196] Business Operations - The automotive service business accounted for 100% of the total operating revenue, with a revenue of CNY 49,480,095.29, down 0.89% year-on-year[35] - The automotive sales business generated CNY 40,235,966.89, representing 81.31% of total revenue, with a slight decline of 0.41% from the previous year[36] - The automotive maintenance business revenue decreased by 6.66% to CNY 5,897,607.60, while the automotive boutique business saw a growth of 17.85% to CNY 2,291,709.55[36] - The company did not increase investment in the automotive service industry in recent years, leading to a smaller business scale and higher operating costs[30] - The ongoing COVID-19 pandemic has created significant market risks, impacting consumer demand and squeezing profit margins across the automotive sales industry[60] Governance and Compliance - The company plans to improve its institutional framework to ensure effective management and compliance with laws and regulations, thereby safeguarding shareholder interests[59] - The company has established a comprehensive governance structure in compliance with relevant laws and regulations, ensuring transparency and accountability[64] - The audit committee has actively participated in the preparation and disclosure of the annual financial report, ensuring accuracy and compliance[66] - The company has implemented a rigorous information disclosure process to maintain transparency and uphold shareholder rights[67] - The company is committed to enhancing its governance structure through independent oversight by its board members[79] Shareholder Information - The total number of shareholders at the end of the reporting period was 38,079, an increase from 37,782 at the end of the previous month[151] - The largest shareholder, Mid-term Group Limited, holds 19.44% of the shares, totaling 67,077,600 shares[151] - The company did not propose any cash dividend distribution for the reporting period, despite having a positive profit available for distribution to shareholders[96] - The company has no outstanding loans or financial transactions with related parties[135] Employee and Management - The company had a total of 67 employees at the end of the reporting period, with 26 in sales, 20 in technical roles, 9 in finance, and 12 in administration[92] - The company has a well-established management system for employee compensation and social insurance, ensuring independence[69] - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 2.017 million yuan[81] - The current management team has extensive experience, with key personnel holding significant positions in related companies[75] Risk Management - The internal control system is designed to be effective and has been regularly updated to mitigate operational risks[98] - There were no significant internal control deficiencies identified during the reporting period, with zero major defects in both financial and non-financial reporting[102] - The company has not faced any administrative penalties due to environmental issues during the reporting period[113] - The company has implemented a low-carbon development philosophy, promoting resource-saving practices and a green office environment[114]