安纳达(002136) - 2021 Q4 - 年度财报

Financial Performance - The company reported a profit distribution plan of 1.50 CNY per 10 shares (including tax) based on a total of 215,020,000 shares[7]. - The company's operating revenue for 2021 was ¥2,046,965,067.89, representing an increase of 82.49% compared to ¥1,121,707,146.67 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥185,282,250.84, a significant increase of 184.57% from ¥65,110,381.53 in 2020[20]. - The net profit after deducting non-recurring gains and losses was ¥186,080,984.06, up 226.78% from ¥56,942,948.98 in 2020[21]. - The net cash flow from operating activities was ¥92,847,349.59, an increase of 183.83% compared to ¥32,712,662.14 in 2020[21]. - The total assets at the end of 2021 were ¥1,377,477,281.98, reflecting a growth of 35.20% from ¥1,018,817,012.68 at the end of 2020[21]. - The net assets attributable to shareholders increased by 21.30% to ¥918,998,437.84 at the end of 2021 from ¥757,636,391.29 at the end of 2020[21]. - The basic earnings per share for 2021 was ¥0.8617, up 184.58% from ¥0.3028 in 2020[21]. - The weighted average return on equity for 2021 was 22.16%, an increase of 13.21% from 8.95% in 2020[21]. - The company achieved a total revenue of CNY 204,696.51 million, representing a year-on-year growth of 82.49%, and a net profit attributable to shareholders of CNY 18,528.23 million, up 184.57% year-on-year[52]. Business Operations - The main business of the company includes titanium dioxide and iron phosphate series products, with the iron phosphate project launched in 2015[19]. - The company has established a strong foundation in the titanium industry, focusing on product quality and market expansion strategies[19]. - The company maintains a continuous large-scale production model, adjusting production based on market demand, with sales strategies including direct sales, regional distribution, and foreign trade exports[43]. - The company’s main products, titanium dioxide and iron phosphate, are positioned in high-growth sectors, particularly benefiting from the increasing demand in the new energy battery industry[44]. - The company has a production capacity of 80,000 tons/year for titanium dioxide with a capacity utilization rate of 105.35%[47]. - The design capacity for iron phosphate is 50,000 tons/year, with a current capacity utilization rate of 64.79%[47]. - The company is actively pursuing collaborations in the new energy battery sector, leveraging its upstream resource advantages to expand into battery production and related materials[44]. Market Trends - The price of rutile titanium dioxide increased by 22% and the price of anatase titanium dioxide rose by 39% during the reporting period[30]. - The total production of titanium dioxide in China reached 3.79 million tons in 2021, an increase of 280,000 tons year-on-year, representing an 8% growth, marking a historical high[32]. - The export volume of titanium dioxide was approximately 1.31 million tons, an increase of 97,500 tons year-on-year, with a growth rate of 8.03%[32]. - The shipment volume of lithium iron phosphate cathode materials in China reached 470,000 tons in 2021, a year-on-year increase of 277%[32]. - The installed capacity of lithium-ion batteries in China reached 154.5 GWh in 2021, a year-on-year growth of 143%, with lithium iron phosphate batteries accounting for 52% of the total[35]. - The average price of lithium iron phosphate cathode materials increased by over 100% in 2021 due to supply shortages of key raw materials and significant demand growth[32]. Research and Development - The company holds a total of 24 patents related to titanium dioxide production, including 18 utility model patents and 6 invention patents[46]. - The company has established partnerships with several universities for R&D, focusing on technologies such as "TiO2 hydrolysis online automation control" and "high-performance dense composite membrane titanium dioxide"[49]. - Research and development expenses increased by 79.06% to ¥67,197,227.52, reflecting a significant rise in investment in R&D activities[71]. - The company completed the development of single aluminum-coated and zirconium aluminum-coated products, enhancing product quality and market competitiveness[72]. - The titanium liquid MVR concentration technology project reached its expected goals, significantly reducing energy consumption[72]. Environmental and Social Responsibility - The company has invested a total of 114.98 million CNY in environmental protection during the reporting period[155]. - The company has implemented environmental protection measures as per the environmental impact report, ensuring compliance with pollution discharge standards[154]. - The company has committed to social responsibility initiatives, including support for employees in need and educational assistance programs[157]. - The company has made efforts to reduce carbon emissions and improve energy efficiency, although specific measures were not applicable during the reporting period[157]. - In 2021, the company invested 5 million RMB in poverty alleviation and rural revitalization efforts, with a focus on ensuring no return to poverty[164]. Governance and Compliance - The company emphasizes the importance of accurate financial reporting, with key personnel confirming the integrity of the annual report[6]. - The company has established a transparent performance evaluation and incentive mechanism for senior management, ensuring compliance with legal regulations[109]. - The company has a governance structure that complies with relevant laws and regulations, enhancing transparency and protecting investor interests[109]. - The company has independent procurement and sales systems, ensuring operational autonomy[111]. - The company has committed to strictly adhere to the regulations set by the China Securities Regulatory Commission and the stock exchange, ensuring compliance with internal management systems and equal shareholder rights[169]. Shareholder Relations - The company ensures equal voting rights for all shareholders, particularly minority shareholders, during significant decision-making processes[106]. - The company has implemented a network voting platform for shareholder meetings, promoting inclusivity[106]. - The company held its 2020 annual general meeting with a participation rate of 35.13% on April 14, 2021[113]. - The first extraordinary general meeting of 2021 had a participation rate of 30.54% on June 24, 2021[113]. - The second extraordinary general meeting of 2021 had a participation rate of 30.49% on November 10, 2021[113].