日上集团(002593) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was approximately ¥3.78 billion, representing a 26.47% increase compared to ¥2.99 billion in 2020[18]. - The net profit attributable to shareholders for 2021 was approximately ¥105.84 million, a 36.59% increase from ¥77.49 million in 2020[18]. - The net profit after deducting non-recurring gains and losses was approximately ¥82.69 million, reflecting a 46.37% increase from ¥56.49 million in 2020[18]. - The basic earnings per share for 2021 was ¥0.14, up 27.27% from ¥0.11 in 2020[18]. - The total assets at the end of 2021 were approximately ¥4.93 billion, a 14.45% increase from ¥4.31 billion at the end of 2020[18]. - The net assets attributable to shareholders at the end of 2021 were approximately ¥2.34 billion, a 19.63% increase from ¥1.96 billion at the end of 2020[18]. - The total operating costs for the year were CNY 3,661.73 million, an increase of 25.74% compared to the previous year[56]. - The total profit amounted to CNY 104.10 million, which is a 16.66% increase from the previous year[56]. - The company reported a total revenue of approximately ¥2.31 billion from domestic sales, with a year-over-year increase of 9.58%[69]. Cash Flow and Investments - The net cash flow from operating activities for 2021 was negative at approximately -¥47.25 million, a significant decrease from ¥219.07 million in 2020[18]. - The cash paid for purchasing goods and services increased by 42.12% to CNY 3,177,435,495.53 compared to the previous year, primarily due to increased raw material purchases[86]. - The cash received from other investment activities rose by 51.39% to CNY 175,404,007.79, mainly due to an increase in the recovery of financial derivatives[86]. - The total investment amount for the reporting period was CNY 425,000,000, reflecting a 100% increase compared to the previous year[93]. - The company raised a total of RMB 329.40 million through a non-public offering of 106,948,029 shares at a price of RMB 3.08 per share[101]. Market and Industry Trends - The commercial vehicle market in China saw a decline of 10.7% in production and 6.6% in sales in 2021, impacting the wheel industry significantly[29]. - The market for forged aluminum wheels is expected to grow rapidly due to increasing demand for lightweight and environmentally friendly automotive components[30]. - The steel structure market is expected to see significant growth, with national policies promoting green and prefabricated steel structures[33]. - By 2025, the steel structure usage in China is projected to reach approximately 140 million tons, accounting for over 15% of the national crude steel output[34]. Production and Sales - The company produced 625.94 thousand units of tubeless steel wheels, a 54.61% increase compared to 404.84 thousand units in the same period last year[40]. - The sales volume of tubeless steel wheels reached 587.88 thousand units, up 48.76% from 395.19 thousand units year-on-year[40]. - The company achieved wheel revenue of CNY 1,548,308,880.01 in 2021, a year-on-year increase of 21.40%[66]. - The production capacity for steel wheels was enhanced to 7.31 million units, with sales volume increasing by 30.82% to 7.13 million units[58]. Research and Development - The company has a dedicated R&D team of 200 professionals, enhancing its capabilities in steel structure design and project management[51]. - R&D investment increased by 30.24% to ¥116,022,793.46 in 2021 from ¥89,081,325.41 in 2020, representing 3.07% of total revenue[83]. - The company emphasizes R&D in lightweight aluminum alloy wheels, aligning with industry trends towards low-carbon and high-end products[44]. Governance and Compliance - The company has established a robust internal control system and improved its internal management policies during the reporting period[136]. - The governance structure of the company is designed to ensure effective decision-making and oversight, with a clear separation of powers among the board, supervisory board, and management[142]. - The company has not engaged in any related party transactions that could harm its interests, ensuring financial independence[143]. - The company reported zero significant defects in financial reporting and internal controls for the year 2021[187]. Environmental Responsibility - The company is classified as a key pollutant discharge unit, with specific emissions monitored and reported[192]. - The total COD emissions were recorded at 4.52 tons, with a concentration of 129 mg/L, compliant with local standards[192]. - The company has established wastewater treatment stations and air pollution control facilities at all production sites, ensuring that pollutants are treated and discharged in compliance with standards[198]. - The company has implemented measures to ensure compliance with environmental regulations and standards[192]. Future Outlook - In 2022, the company expects steady growth in production and sales volumes for automotive wheels and steel structure businesses, with revenue anticipated to increase compared to the previous year[121]. - The company plans to enhance research and development efforts to improve product quality and customer satisfaction, focusing on cost control and market share expansion[115]. - The company aims to expand its overseas market and increase export volume as global pandemic conditions improve[112].