普天科技(002544) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥6,552,632,561.15, representing a 4.09% increase from ¥6,295,416,205.51 in 2020[24]. - The net profit attributable to shareholders for 2021 was ¥141,574,557.21, a significant increase of 47.04% compared to ¥96,281,755.19 in 2020[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥119,667,274.21, up 144.47% from ¥48,949,949.58 in 2020[24]. - The company's cash flow from operating activities for 2021 was ¥195,443,916.19, a decrease of 46.31% from ¥364,053,772.38 in 2020[24]. - The total assets at the end of 2021 were ¥8,718,687,097.04, down 4.15% from ¥9,096,102,349.00 at the end of 2020[24]. - The net assets attributable to shareholders at the end of 2021 were ¥3,611,197,818.22, an increase of 2.69% from ¥3,516,665,649.09 at the end of 2020[24]. - The company reported a total revenue of 7,008,943 thousand, with a net profit of 6,855,643 thousand[129]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year 2021, representing a year-over-year growth of 20%[137]. - The company reported a total revenue of 1.5 billion RMB for the fiscal year 2021, representing a year-over-year growth of 15%[142]. Dividend Distribution - The company plans to distribute a cash dividend of 1.04 CNY per 10 shares to all shareholders, based on an estimated total share capital of 682,821,325 shares[5]. - The company plans to distribute a cash dividend of CNY 71,013,417.80, which is 100% of the total profit distribution amount for the reporting period[174]. - The company has a cash dividend of CNY 1.04 per 10 shares, with a total share base of approximately 682,821,325 shares[174]. Business Operations - The company has maintained its main business operations without any changes since its listing[22]. - The actual controller of the company remains China Electronics Corporation, despite changes in the controlling shareholder[22]. - The company has not reported any significant changes in its business model or operations since its last annual report[22]. - The company has engaged DaXin Accounting Firm for auditing services during the reporting period[23]. - The company’s registered address has been updated to No. 95, Yingbin Avenue, Huadu District, Guangzhou[18]. - The company’s stock is listed on the Shenzhen Stock Exchange under the code 002544[18]. - The company has not engaged in any securities or derivative investments during the reporting period[90][91]. Market Performance and Strategy - The company expanded its market share in the PCB industry and maintained a leading position in niche markets during the reporting period[37]. - The company focused on key provinces and industries to enhance its market presence in public network communication and smart applications[37]. - The company achieved a significant increase in demand for high-precision frequency control devices due to the 5G construction and domestic production opportunities[37]. - The company achieved a new contract amount of CNY 7.716 billion, a year-on-year increase of 1.01%[44]. - Operating revenue reached CNY 6.552 billion, reflecting a year-on-year growth of 4.07%[46]. - Net profit was CNY 158 million, marking a significant year-on-year increase of 49.54%[44]. - In the public network communication sector, the company maintained its position as the largest independent third-party design institute in China, with a market share expansion in various provinces[44]. - The smart manufacturing sector saw a revenue increase of 20.39%, contributing CNY 1.261 billion to total revenue[46]. - The company secured strategic agreements in urban rail transit and emergency management sectors, enhancing its market presence[45]. - The company plans to continue expanding its market presence through strategic partnerships and technological advancements in key industries[45]. Research and Development - The company applied for 150 patents in 2021, including 117 invention patents, demonstrating its commitment to innovation[40]. - Research and development expenses increased by 9.16% to ¥382,504,227.09, reflecting ongoing investment in innovation[64]. - The number of R&D personnel decreased by 8.65% from 1,388 in 2020 to 1,268 in 2021, while the proportion of R&D personnel increased from 18.00% to 28.00%[75]. - R&D investment increased by 14.74% from ¥333,373,475.14 in 2020 to ¥382,504,227.09 in 2021, representing 5.84% of operating revenue[75]. - The amount of capitalized R&D investment surged by 463.01% from ¥1,045,852.79 in 2020 to ¥5,888,304.11 in 2021, accounting for 1.54% of total R&D investment[75]. Internal Control and Governance - The company has established a comprehensive performance evaluation system and compensation structure for senior management, ensuring transparency and compliance with legal regulations[180]. - The company has developed a risk management framework and conducts regular risk assessments to identify and mitigate key control risks[185]. - The company has implemented various internal control measures in sales, procurement, and financial management to enhance operational efficiency and reduce risks[185]. - The internal control self-evaluation report indicated that 100% of the total assets and operating income of the evaluated units were included in the company's consolidated financial statements[190]. - No significant internal control deficiencies were identified during the reporting period, although there are areas for further improvement in organizational structure and management processes[189]. - The company has developed a comprehensive internal communication platform to ensure timely and accurate information transmission across all levels[188]. - The company conducts regular internal audits focusing on the authenticity, legality, and effectiveness of financial expenditures and asset management[188]. Human Resources - The total number of employees at the end of the reporting period was 4,526, with 1,554 in the parent company and 2,972 in major subsidiaries[164]. - The total employee compensation for 2021 was CNY 816.9971 million, accounting for 13% of the total company costs[168]. - The number of technical personnel constitutes 51.8% of the total workforce, with 2,343 out of 4,526 employees[164]. - The educational background of employees shows that 2,712 hold a bachelor's degree or above, representing 60% of the total workforce[167]. - The company has a plan to conduct annual training programs to enhance employee skills and efficiency[169]. - The company emphasizes a performance-based compensation system, linking employee salaries to their contributions and performance[147]. - The company aims to enhance human resource management capabilities to attract and retain top talent for strategic development[147]. Leadership and Governance Changes - The company has undergone changes in its board of directors, with several members resigning and new members being elected[125]. - The company reported a total of 2,980,116 shares held by the former vice president, which were fully divested upon resignation[125]. - The company’s financial director resigned, holding 863,460 shares, of which 28,000 shares were sold before leaving[125]. - The company’s independent directors were elected to ensure governance and oversight in the upcoming fiscal year[125]. - The company has appointed new executives, including a new chairman and several board members, effective from October 27, 2021[130]. - The company is actively pursuing mergers and acquisitions to enhance its market position[129]. Future Outlook - The company has set future performance guidance, aiming for a revenue increase of approximately 10% year-over-year[129]. - The company has projected a revenue growth of 10% for the next fiscal year, aiming for a target revenue of 1.65 billion RMB[142]. - The company plans to expand its market presence and is focusing on new product development and technology innovation[129]. - The company is considering strategic acquisitions to enhance its technology portfolio, with a budget of 300 million RMB allocated for potential deals[137]. - The management team emphasized the importance of sustainability initiatives, with plans to invest 50 million RMB in green technology[137].