TK(SZ:002117)2022-04-08 16:00Financial Performance - The total revenue for 2021 was CNY 1,200,941,510.94, representing a 1.70% increase compared to CNY 1,180,859,259.81 in 2020[19] - The net profit attributable to shareholders for 2021 was CNY 186,488,504.09, which is a 14.18% increase from CNY 163,330,111.01 in 2020[19] - The net profit after deducting non-recurring gains and losses was CNY 153,797,993.89, up 12.05% from CNY 137,259,123.67 in 2020[19] - The basic earnings per share for 2021 was CNY 0.3418, an increase of 14.20% from CNY 0.2993 in 2020[19] - The company achieved a total revenue of approximately 1.2 billion yuan in 2021, representing a year-on-year growth of 1.70%[40] - The net profit for 2021 was approximately 186 million yuan, reflecting a year-on-year increase of 14.18%[37] - The total profit for 2021 was approximately CNY 221.72 million, compared to CNY 182.98 million in 2020, an increase of about 21.1%[193] Cash Flow and Assets - The net cash flow from operating activities decreased by 26.56% to CNY 191,823,247.25 from CNY 261,214,969.05 in 2020[19] - The company reported a significant decrease in net cash flow from operating activities in the first quarter, with a negative cash flow of CNY 96,080,491.63[23] - Operating cash inflow totaled ¥1,511,809,699.10 in 2021, a decline of 5.74% from ¥1,603,813,399.87 in 2020, while net cash flow from operating activities decreased by 26.56% to ¥191,823,247.25[56] - Cash and cash equivalents increased by ¥47,884,020.34, a significant decrease of 86.70% compared to ¥360,101,436.43 in 2020, attributed to changes in financial product scale[57] - As of the end of 2021, cash and cash equivalents amounted to ¥754.90 million, representing 34.13% of total assets, an increase of 2.99% from the beginning of the year[60] - Total assets at the end of 2021 were CNY 2,211,848,822.17, a decrease of 3.30% from CNY 2,287,369,802.38 at the end of 2020[19] - The company's equity attributable to shareholders decreased from CNY 1,583,772,964.57 in 2020 to CNY 1,567,128,163.96 in 2021, a decline of about 1%[185] Revenue Segmentation - Revenue from printing products was approximately 821 million yuan, accounting for 68.39% of total revenue, with a growth of 3.82% compared to the previous year[40] - The technical services segment generated revenue of approximately 159 million yuan, showing a growth of 3.95% year-on-year[38] - The new channel lottery business achieved a record revenue of 52.15 million yuan in 2021, indicating strong future growth potential[38] - The company's main business segments include printing services, composite services, and technical services, catering primarily to financial and government clients[32] Research and Development - The company reported a total of CNY 74,000,511.43 in R&D expenses, which decreased by 26.03% compared to CNY 100,047,908.31 in the previous year[50] - The company’s R&D investment amounted to ¥74,571,870.70 in 2021, a decrease of 26.15% compared to ¥100,982,412.16 in 2020, representing 6.21% of operating revenue, down from 8.55%[54] - The company completed the R&D of multifunctional anti-counterfeiting tickets in 2021, aiming to enhance product authenticity and security[51] - The company is investing 200 million RMB in R&D for new technologies and product enhancements in the upcoming year[89] Market and Business Strategy - The company faces risks from increased electronic competition, rising raw material costs, and uncertainties in new business growth[5] - The traditional paper ticket business is facing challenges due to the increasing demand for electronic ticketing solutions, leading to a need for new business growth points[28] - The market for electronic ticket products is expanding, driven by the rapid development of mobile internet and e-commerce, with significant potential for growth in electronic invoices and receipts[29] - The company is exploring new service models, integrating information technology with traditional printing services to enhance service offerings and efficiency[29] - The company aims to enhance its competitive capabilities by focusing on electronic ticketing, new channel lottery sales, and electronic archiving, transitioning from a traditional printing business to a comprehensive service provider[69] Governance and Management - The company maintains a complete and independent operational structure, ensuring separation from major shareholders in business, personnel, and financial aspects[74][75] - The company has established a robust internal control system to ensure compliance and enhance the quality of financial information disclosure[73] - The company has a commitment to maintaining a strong governance structure with independent directors overseeing operations[81] - The company is dedicated to improving shareholder engagement and transparency through regular meetings and updates[77] Environmental Compliance - The company operates as a key pollutant discharge unit, with VOC emissions totaling ≤6.62 tons, which is within the regulatory limits[118] - The company has implemented pollution prevention facilities that treat VOC emissions through water spraying, photocatalysis, and high-temperature combustion before discharge[118] - All production projects underwent environmental impact assessments and received approvals from environmental protection authorities before construction[118] - The company has not faced any administrative penalties related to environmental issues during the reporting period[119] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 27,901[157] - The largest shareholder, Beijing Zhongjiahua Information Technology Co., Ltd., held 11.17% of the shares, totaling 60,961,650 shares[157] - The company maintains a diverse shareholder base with no single shareholder exceeding 10% ownership[162] - The company has no controlling shareholder or actual controller, ensuring no single entity can dominate shareholder meetings or board member selections[160][161]