CAMCE(SZ:002051)2022-04-01 16:00Financial Performance - The company's operating revenue for 2021 was ¥8,639,764,504.93, an increase of 8.46% compared to ¥7,965,990,108.72 in 2020[6]. - The net profit attributable to shareholders in 2021 was ¥282,440,562.66, a significant increase of 436.93% from a loss of ¥83,826,728.08 in 2020[6]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥116,417,543.45, up 210.09% from a loss of ¥105,750,995.21 in 2020[6]. - Basic earnings per share for 2021 were ¥0.23, compared to a loss of ¥0.07 per share in 2020, representing an increase of 428.57%[6]. - The total assets at the end of 2021 were ¥22,046,369,269.04, reflecting a growth of 1.68% from ¥21,682,851,389.56 at the end of 2020[6]. - The net assets attributable to shareholders at the end of 2021 were ¥10,706,425,265.77, an increase of 2.61% from ¥10,434,377,048.35 at the end of 2020[6]. - The company achieved a revenue of 8.64 billion yuan, representing a year-on-year growth of 8.46%[69]. - Net profit attributable to shareholders reached 282 million yuan, a significant increase of 436.93% year-on-year[69]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was 116 million yuan, up 210.09% year-on-year[69]. Cash Flow and Financial Structure - The company's cash flow from operating activities showed a net outflow of ¥414,671,226.59, a decrease of 221.32% compared to a positive cash flow of ¥341,798,563.08 in 2020[6]. - The net cash flow from operating activities was -¥414,671,226.59 in 2021, a significant decrease of 221.32% compared to ¥341,798,563.08 in 2020[130]. - The net cash flow from investment activities was -¥212,312,933.23 in 2021, a decrease of 1,211.13% compared to -¥16,193,186.79 in 2020[131]. - The net cash flow from financing activities was -¥354,668,026.75 in 2021, a decrease of 198.24% compared to ¥361,020,915.41 in 2020[131]. - The total cash and cash equivalents decreased by ¥1,077,150,337.69 in 2021, marking a decline of 315.07% compared to an increase of ¥500,834,625.36 in 2020[130]. - The financing structure of the company is reasonable, with total financing amounting to approximately ¥619.63 million, including short-term loans of ¥416.10 million and long-term loans of ¥203.53 million[62]. Strategic Planning and Business Operations - The company operates under a strategic planning framework referred to as "1+3+7," which includes one overall strategy and three subsidiary strategies[18]. - The company is involved in various sectors, including engineering, procurement, and construction (EPC) projects[18]. - The company focuses on high-quality development in key sectors such as healthcare, civil, energy, logistics, and new infrastructure, aiming for full value chain operations in domestic engineering contracting[45]. - The company has established a comprehensive quality control system, successfully passing the ISO9001 re-certification audit in September 2021, ensuring effective operation without major quality issues during the reporting period[62]. - The company has implemented a clear strategic layout focusing on transformation, integration, and high-quality development, aiming to become a leading international engineering enterprise[66]. Market Presence and International Operations - The company has established over 70 overseas offices, completing hundreds of large-scale turnkey projects across Asia, Africa, the Americas, and Eastern Europe[51]. - The company signed and executed contracts worth 2.038 billion USD overseas, marking an 18.07% increase year-on-year[75]. - The total overseas effective contract amount reached 635 million USD, a substantial growth of 174.89% year-on-year[75]. - The company is actively pursuing market opportunities in the fields of medical, energy, airport logistics, and civil construction, enhancing its technological and research capabilities[69]. - The company aims to leverage opportunities from the RCEP and the Belt and Road Initiative to develop key markets and projects[180]. Research and Development - The company's R&D investment amounted to ¥499,051,400 in 2021, a decrease of 5.91% compared to ¥530,423,954.86 in 2020[124]. - The proportion of R&D investment to operating revenue was 5.78% in 2021, down from 6.66% in 2020, reflecting a decrease of 0.88%[124]. - The number of R&D personnel decreased by 6.88% to 2,328 in 2021 from 2,500 in 2020, while the proportion of R&D personnel increased to 53.60%[124]. - The company applied for 92 patents during the reporting period, including 28 invention patents, and authorized 92 patents, with 18 being invention patents[91]. - The company completed key research projects in fire safety and industrial vehicle standards, enhancing its influence in international standardization[124]. Risk Management and Compliance - The company emphasizes the importance of risk awareness regarding forward-looking statements in its annual report[6]. - The company has implemented strict risk control measures for its forward foreign exchange settlement business, including regular audits and compliance checks[156]. - The company has established a management approach for forward foreign exchange settlements to mitigate exchange rate risks and reduce foreign exchange losses[156]. - The company has revised its governance structure and internal control systems in compliance with relevant laws and regulations, ensuring high-quality development[193]. - The company maintains a clear separation from its controlling shareholder in terms of business, personnel, assets, and financial management, ensuring independent operations[199]. Corporate Social Responsibility - The company was recognized as a leading enterprise in social responsibility performance evaluation in 2021 by the China International Contractors Association[44]. - The company actively respects and protects the rights of stakeholders, balancing interests among shareholders, employees, and society[196]. - The company ensures timely and accurate information disclosure, providing equal access to information for all shareholders[196].