通达动力(002576) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥2,008,778,333.76, representing a 32.51% increase compared to ¥1,515,931,646.24 in 2020[20] - The net profit attributable to shareholders for 2021 was ¥102,604,556.52, a 14.90% increase from ¥89,301,160.08 in 2020[20] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥90,611,995.66, up 12.67% from ¥80,425,033.70 in 2020[20] - The net cash flow from operating activities reached ¥18,112,842.59, a significant increase of 2,726.42% compared to ¥640,840.93 in 2020[20] - Basic earnings per share for 2021 were ¥0.62, reflecting a 14.81% increase from ¥0.54 in 2020[20] - The company's total assets increased by 42.77% year-on-year, reaching CNY 1,924,872,809.05 at the end of 2021[21] - The net assets attributable to shareholders rose by 8.81% year-on-year, amounting to CNY 1,063,817,257.57 at the end of 2021[21] - The company reported a total revenue of 912.995 million in the fiscal year 2021[97] Market and Product Development - The company is focused on expanding its market presence and enhancing its product offerings through new technology development[6] - The company is focusing on market expansion and new project development, particularly in the new energy vehicle and wind power sectors, despite some market impacts from the pandemic[35] - The company is actively developing new products and technologies to enhance market competitiveness, including advancements in electric motor manufacturing[56] - The company has established a joint laboratory with Baosteel to enhance technical support for customer-specific material requirements[43] - The company has maintained a competitive position in the electric motor industry, facing strong competition from major players like Shenli and Tengpu[30] Operational Efficiency - The company has achieved 80% automation in its main processes, enhancing production efficiency and capacity[37] - The company employs a customized production model, ensuring products meet specific client requirements through a structured process involving marketing, technical, and operational departments[33] - The company is actively managing material inventory to mitigate the impact of fluctuating silicon steel prices, which are critical for its core products[35] - The company has implemented a comprehensive quality management system, achieving multiple certifications including IATF16949:2019 and ISO9001:2015[38] Financial Management - The total operating costs amounted to ¥1,727,387,161.42, reflecting a year-on-year increase of 33.37%[50] - Research and development expenses increased by 53.74% to ¥53,133,308.64, indicating a focus on innovation[54] - The financial expenses surged by 528.74% to ¥11,529,070.11, primarily due to increased interest expenses[54] - The company reported a cash dividend of 0.80 yuan per 10 shares, totaling 13,208,000 yuan, which represents 100% of the total profit distribution[121] Governance and Compliance - The company has a governance structure that complies with legal requirements, with no significant discrepancies from regulations set by the China Securities Regulatory Commission[87] - The supervisory board consists of 3 members, including a representative from employees, ensuring effective oversight of financial and managerial compliance[85] - The company actively engages in investor relations, ensuring transparent communication and compliance with information disclosure regulations[86] - The internal control audit report was issued with a standard unqualified opinion, and there were no major defects in non-financial reporting[132] Environmental and Social Responsibility - The company focused on producing and selling products that reduce carbon emissions, significantly increasing the sales ratio of wind power and new energy vehicle motor cores during the reporting period[137] - The company improved energy efficiency by managing energy consumption during manufacturing, increasing the use of clean energy such as natural gas, and implementing energy-saving measures like LED lighting and industrial fans[138] - The company has maintained a commitment to corporate social responsibility, ensuring employee rights and engaging in community support activities[138] Risks and Challenges - The company has identified risks related to the decline of its traditional business and talent resource shortages, which may impact its sustainable development[79] - The company has not engaged in any significant litigation or arbitration matters during the reporting period[147] - There were no major environmental penalties or corrective actions taken against the company during the reporting period[148]