宝莫股份(002476) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was CNY 657,160,020.80, representing a 46.91% increase compared to CNY 447,314,622.27 in 2020[18]. - The net profit attributable to shareholders for 2021 was CNY 17,948,109.83, up 36.15% from CNY 13,182,608.80 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was CNY 14,998,806.19, a 17.31% increase from CNY 12,785,450.82 in 2020[18]. - The basic earnings per share for 2021 was CNY 0.0293, reflecting a 36.28% increase from CNY 0.0215 in 2020[19]. - The total assets at the end of 2021 were CNY 992,377,094.35, a decrease of 1.75% from CNY 1,010,062,108.61 at the end of 2020[19]. - The net assets attributable to shareholders increased by 2.19% to CNY 839,981,371.27 from CNY 822,017,035.36 in 2020[19]. - The net cash flow from operating activities was negative at CNY -34,809,678.63, a decline of 207.05% compared to CNY 32,516,430.47 in 2020[18]. - The weighted average return on equity for 2021 was 2.16%, up from 1.62% in 2020[19]. Revenue Breakdown - The chemical business generated revenue of 473,776,207.52 yuan, with a cost of 400,336,018.71 yuan, reflecting increases of 18.71% and 18.03% respectively[38]. - The environmental water treatment business reported revenue of 28,462,555.70 yuan, a 204.22% increase, with costs rising by 129.44% to 23,308,614.88 yuan[38]. - Domestic revenue accounted for 84.93% of total revenue, amounting to ¥558,155,667.17, which is a 58.34% increase year-on-year[43]. - The revenue from photovoltaic power generation decreased by 37.74% to ¥23,561,152.51, down from ¥37,842,627.69 in 2020[43]. - The sales volume of photovoltaic power generation decreased by 37.22% to 36,730,000 kWh in 2021 from 58,510,000 kWh in 2020[50]. Market Strategy and Expansion - The company is a leading supplier of polyacrylamide, primarily serving the oil and gas development and wastewater treatment markets[30]. - The company has expanded its market presence in North America, Southeast Asia, Central Asia, and the Middle East through e-commerce and international exhibitions[30]. - The company aims to enhance its overall profitability and sustainable development capabilities by focusing on technological innovation and market expansion[29]. - The company has adjusted its market strategy to stabilize its main business amidst increasing competition in the chemical industry[30]. - The company plans to strengthen market expansion in oilfield products, focusing on surfactants, temperature-resistant and salt-resistant polyacrylamide, and offshore oil extraction agents to improve profitability[89]. Research and Development - The company filed 12 patents and received 4 authorized patents during the year, bringing the total to 28 patents[36]. - The company’s R&D expenses increased by 25% year-on-year, reflecting ongoing investment in innovation[39]. - The company is focusing on the development of a new type of anionic long-fiber papermaking additive to enhance paper quality during production[62]. - The company is conducting industrial trials for a high-efficiency flocculant specifically for aluminum production, which is expected to enhance product quality and market reach[60]. - The company's R&D investment increased by 25.00% to ¥22,397,556.64 in 2021 from ¥17,918,195.32 in 2020[64]. Management and Governance - The company has established a comprehensive governance structure, including various committees to ensure effective decision-making and compliance with regulations[96]. - The company has committed to avoiding any competition with its controlling shareholder, ensuring a clear operational boundary[101]. - The company appointed Zhao Gang as the new General Manager on April 2, 2021, following the resignation of the previous General Manager Wu Feng[107]. - The company has established a performance-based compensation system for its internal directors and senior management[116]. - The board of directors held a total of 22 meetings during the reporting period, with significant resolutions including the approval of the 2021 annual report and the establishment of wholly-owned subsidiaries[119][120]. Environmental and Safety Management - The company has established a wastewater treatment facility with a processing capacity of 1,200 cubic meters per day, ensuring compliance with environmental standards[147]. - The company operates a 40T/H boiler with desulfurization and denitrification equipment, achieving ultra-low emissions[147]. - The company has implemented an emergency response plan for environmental incidents, which has been filed with the local environmental protection bureau[149]. - The company has committed to maintaining zero safety and environmental accidents throughout the year by enhancing safety and environmental management practices[89]. - In 2021, the company allocated 3.7 million yuan for safety production expenses, with actual usage at 3.6843 million yuan, indicating a focus on safety management[153]. Financial Management - The company reported a loss in investment income of -¥2,263,497.03, accounting for -12.79% of total profit[68]. - The company has established an independent financial department with its own accounting system and management practices, ensuring financial independence[101]. - The company has not reported any significant changes in its accounting policies for derivatives compared to the previous reporting period[81]. - The company has not faced any administrative penalties for environmental issues during the reporting period[150]. - The company has not engaged in poverty alleviation or rural revitalization efforts during the reporting period[154].