徐家汇(002561) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥619,136,509.28, representing a 5.12% increase compared to ¥588,971,621.56 in 2020[17]. - The net profit attributable to shareholders for 2021 was ¥103,279,272.03, a significant increase of 36.98% from ¥75,394,955.53 in 2020[17]. - The net profit after deducting non-recurring gains and losses was ¥79,562,035.07, which is an 87.65% increase compared to ¥42,400,064.66 in 2020[17]. - The net cash flow from operating activities increased by 41.69% to ¥161,152,616.45 from ¥113,733,934.29 in the previous year[17]. - Basic earnings per share rose to ¥0.25, reflecting a 38.89% increase from ¥0.18 in 2020[17]. - Total assets at the end of 2021 were ¥2,876,717,213.04, an 8.96% increase from ¥2,640,224,396.24 at the end of 2020[17]. - The net assets attributable to shareholders increased by 2.40% to ¥2,271,256,742.36 from ¥2,218,025,199.27 in 2020[17]. - The weighted average return on equity improved to 4.61%, an increase of 1.25 percentage points from 3.36% in 2020[17]. Dividend Distribution - The company plans to distribute a cash dividend of ¥1.60 per 10 shares, based on a total share capital of 415,763,000 shares as of December 31, 2021[4]. - The company declared a cash dividend of 1.60 RMB per 10 shares, totaling 66,522,080 RMB, which represents 100% of the distributable profit[140]. - The total number of shares for the dividend distribution is 415,763,000 shares[140]. - The remaining undistributed profit after the dividend distribution is 720,591,757.82 RMB[140]. Market and Operational Strategy - The company acknowledges risks such as declining consumer demand and rising operational costs, which are discussed in detail in the management analysis section[4]. - The company is focusing on digital transformation, improving the E-MEC system functionality and data analysis capabilities[32]. - The company plans to expand its chain stores and develop cross-regional brands to capture market opportunities[32]. - The company is adapting to market changes by enhancing customer experience and integrating online and offline channels[29]. - The company aims to enhance its core competitive capabilities by focusing on innovation, standardized management, and high operational efficiency[88]. - In 2022, the company plans to implement a "customer-centric" approach, emphasizing product quality, service, and marketing effectiveness to adapt to market changes[89]. - The company plans to undertake the Shanghai Liubai urban renewal project, which may face risks related to policy changes or project approvals, potentially leading to delays or terminations[101]. Employee and Management Structure - The company had a total of 846 employees at the end of the reporting period, with 138 in the parent company and 708 in major subsidiaries[133]. - The employee composition includes 473 sales personnel, 48 technical staff, 33 financial staff, 187 administrative staff, and 105 management personnel[133]. - The company has a strong financial management team, with Xi Yan as the vice general manager and CFO, who has been with the company since 2009[115]. - The management team has a strong educational background, with multiple members holding advanced degrees and professional qualifications[118]. - The company emphasizes the importance of employee training and development, including specialized training for management and technical staff[137]. Internal Control and Governance - The company has established a comprehensive internal control system to mitigate operational risks and enhance management quality[142]. - The company will conduct a third revision of its internal control management manual to adapt to business changes and improve control requirements[142]. - The company has not identified any risks during the supervisory activities of the supervisory board in the reporting period[132]. - The board of directors adhered to legal and regulatory requirements, enhancing decision-making processes and considering the interests of minority shareholders[128]. - The company has reported significant internal control deficiencies that could severely impact operational efficiency and effectiveness[146]. Corporate Social Responsibility - The company has implemented a paperless electronic receipt system in stores to reduce paper consumption and support carbon reduction goals[152]. - The company actively participated in pandemic prevention efforts, assisting local government with material support and receiving positive feedback[153]. - The company achieved its annual voluntary blood donation target and organized community volunteer activities to enhance the surrounding environment[153]. - The company has received various awards for being a civilized unit at different levels, reflecting its commitment to corporate social responsibility[153]. Financial Management and Investments - The company has entrusted financial management with a total amount of 160 million CNY, including 80 million CNY in broker financial products and 80 million CNY in bank financial products[182]. - The company has maintained a continuous relationship with its accounting firm for 15 years, with an audit fee of 730,000 yuan for the current period[167]. - The company has not engaged in any significant asset or equity sales during the reporting period[82]. - The company has not reported any leasing projects that contributed to over 10% of the total profit during the reporting period[178]. Shareholder Structure - The total number of shares is 415,763,000, with 99.16% (412,284,522 shares) being unrestricted shares[190]. - The largest shareholder, Shanghai Xujiahui Mall (Group) Co., Ltd., holds 30.37% (126,274,555 shares) of the total shares[193]. - The company has 23,527 ordinary shareholders as of the report date, an increase from 23,378 in the previous month[193]. - The company has not experienced any changes in its controlling shareholder during the reporting period[196].