光迅科技(002281) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥6,486,301,555.77, representing a 7.28% increase compared to ¥6,046,017,103.97 in 2020[14] - The net profit attributable to shareholders for 2021 was ¥567,266,618.25, which is a 16.39% increase from ¥487,379,314.51 in 2020[14] - Basic earnings per share for 2021 were ¥0.85, up 16.44% from ¥0.73 in 2020[14] - The net profit after deducting non-recurring gains and losses for 2021 was ¥469,929,479.83, a 3.44% increase from ¥454,291,717.87 in 2020[14] - The total comprehensive income for 2021 was ¥555,820,703.22, compared to ¥458,406,823.49 in 2020, indicating an increase of 21.25%[175] - The total comprehensive income for 2021 was CNY 483,450,548.56, compared to CNY 345,873,509.34 in 2020, representing an increase of approximately 39.7%[178] - Operating profit for 2021 was ¥620,383,673.33, up 24.69% from ¥497,400,307.62 in 2020[174] - The company reported a significant increase in revenue, achieving a total of 1.2 billion yuan, representing a year-over-year growth of 15%[76] Cash Flow and Liquidity - The net cash flow from operating activities decreased by 26.75% to ¥673,155,789.02 from ¥918,991,871.40 in 2020[14] - Cash and cash equivalents increased to ¥2,852,902,860.07, representing 30.10% of total assets, up from 28.91% at the beginning of the year, a 1.19% increase[42] - The net cash flow from operating activities was CNY 673,155,789.02, a decrease of 26.8% from CNY 918,991,871.40 in 2020[180] - Cash received from sales of goods and services was CNY 6,964,472,911.88, compared to CNY 6,587,896,966.17 in the previous year, reflecting an increase of approximately 5.7%[179] - The net cash flow from financing activities was CNY 399,077,746.58, an increase from CNY 215,923,089.33 in 2020, representing a growth of approximately 84.5%[181] Assets and Liabilities - Total assets at the end of 2021 were ¥9,477,921,326.36, a 10.79% increase from ¥8,554,641,008.78 at the end of 2020[14] - The total liabilities increased to ¥4,051,633,934.72 in 2021, up from ¥3,584,612,186.59 in 2020, representing a growth of approximately 13.06%[171] - The total current assets increased to CNY 7,280,660,502.08 in 2021 from CNY 6,903,818,186.47 in 2020, indicating a growth of approximately 5.45%[166] - The inventory balance rose to CNY 2,200,753,373.51 in 2021, compared to CNY 1,959,070,016.19 in 2020, reflecting an increase of about 12.34%[166] - The total equity attributable to shareholders reached ¥5,541,530,866.46 in 2021, up from ¥5,021,473,036.67 in 2020, which is an increase of approximately 10.35%[168] Research and Development - Research and development expenses increased by 18.94% to ¥661,114,272.63 compared to the previous year[36] - Total R&D investment amounted to ¥747,801,893.91, a 14.96% increase year-on-year, representing 11.53% of operating revenue[38] - The company plans to enhance its R&D capabilities in high-speed optical communication chips and other advanced components as part of its strategic initiatives[22] - The company is developing several new products, including high-speed laser chips and coherent optical devices, aimed at enhancing product competitiveness and creating new market opportunities[37] Market Position and Strategy - The company's annual rolling market share as of Q3 2021 was 7.8%, an increase from 6.8% in the previous year[22] - The telecom industry is experiencing accelerated growth due to 5G and gigabit optical network construction, despite some temporary adjustments in construction pace[22] - The company is positioned to benefit from ongoing investments in new infrastructure and 5G construction, which are expected to drive growth in the optical device industry[23] - The company plans to focus on expanding its market presence in high-speed optical devices and modules, targeting the 400G and above market applications[57] Governance and Management - The company has established a complete and independent governance structure, ensuring compliance with relevant laws and regulations[60] - The board of directors consists of 11 members, including 4 independent directors, meeting legal requirements for composition[61] - The company has engaged with multiple institutional investors through conference calls to discuss its business and industry developments[59] - The management team has emphasized a focus on sustainability, aiming to reduce operational carbon emissions by 25% by 2025[76] Challenges and Risks - The company faced challenges in 2021, including supply chain shortages and increased transportation costs, impacting its ability to meet customer demand[22] - The company recognizes risks including macroeconomic uncertainties, supply chain challenges, and compliance issues, and is committed to maintaining a robust risk management framework[57] Shareholder Information - The company plans to distribute a cash dividend of ¥1.70 per 10 shares, totaling approximately ¥69,940,891.80 based on 699,408,918 shares[2] - The total cash dividend distributed by the company amounted to ¥118,899,516.06, representing 100% of the distributable profit of ¥2,404,053,746.08[95] - The company reported a total shareholding of 3,279,100 shares at the beginning of the period, with a reduction of 102,788 shares, resulting in an ending total of 3,185,762 shares[66] Environmental and Social Responsibility - The company promotes low-carbon development by integrating green management and manufacturing into daily operations, advocating for paperless offices and reduced business travel[109] - In 2021, the company participated in rural revitalization efforts, contributing to agricultural modernization and poverty alleviation[111]