豪迈科技(002595) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was CNY 6,008,330,564.94, representing a 13.48% increase from CNY 5,294,480,426.30 in 2020[14]. - The net profit attributable to shareholders for 2021 was CNY 1,053,175,373.42, a 4.56% increase compared to CNY 1,007,210,457.12 in 2020[14]. - The net profit after deducting non-recurring gains and losses was CNY 982,128,889.16, up 2.57% from CNY 957,493,475.37 in the previous year[14]. - The basic earnings per share for 2021 was CNY 1.3165, reflecting a 4.57% increase from CNY 1.2590 in 2020[14]. - The total assets at the end of 2021 were CNY 7,643,538,458.02, marking a 9.63% increase from CNY 6,972,147,328.88 at the end of 2020[14]. - The net assets attributable to shareholders increased by 12.74% to CNY 6,504,747,967.58 from CNY 5,769,854,730.45 in the previous year[14]. - The weighted average return on equity for 2021 was 16.93%, down from 18.72% in 2020, indicating a decrease of 1.79%[14]. - The company reported a total of CNY 71.05 million in non-recurring gains and losses for 2021, compared to CNY 49.72 million in 2020[21]. Cash Flow - The net cash flow from operating activities was CNY 118,375,580.66, a significant increase of 192.62% compared to -CNY 127,801,322.40 in 2020[14]. - The net cash flow from operating activities showed a negative value of CNY -78.13 million in the third quarter, but improved to CNY 97.97 million in the fourth quarter[19]. - Operating cash inflow totaled ¥4,818,341,909.39, a 30.32% increase from the previous year, while cash outflow was ¥4,699,966,328.73, up 22.87%[47]. - The net cash flow from operating activities improved significantly to ¥118,375,580.66, compared to a negative cash flow of -¥127,801,322.40 in the previous year, marking a 192.62% increase[47]. Revenue Breakdown - The tire mold business generated a revenue of CNY 3.357 billion, with a gross margin of 36.08%, up by 1.57% year-on-year[29][30]. - The large component machinery products segment reported a revenue of CNY 2.441 billion, reflecting a year-on-year growth of 16.94%[31]. - The automotive tire equipment sector contributed ¥3,485,852,736.54, accounting for 58.02% of total revenue, with a growth of 12.27% year-on-year[32]. - Domestic sales amounted to ¥3,358,840,273.59, representing 55.90% of total revenue, with a growth of 6.90% year-on-year[32]. - Export sales reached ¥2,649,490,291.35, accounting for 44.10% of total revenue, showing a significant increase of 23.09% year-on-year[32]. Research and Development - The company focused on R&D and innovation, obtaining multiple patents and enhancing production efficiency through automation[27]. - R&D expenses rose by 29.63% year-on-year to ¥259,418,025.24, representing 4.32% of operating revenue[46]. - The company has achieved mass production of several key R&D projects, including the 880 series large diameter aluminum alloy impeller technology and energy-saving tire molds[43]. - The company is focusing on developing new energy-saving hydraulic tire vulcanizers and multi-axis laser cleaning machines to enhance market competitiveness[43]. Market and Industry Outlook - The company anticipates continued growth in the wind power sector, with a planned installed capacity of 290 million kilowatts during the "14th Five-Year Plan" period[23]. - The international tire mold market is expected to see increased demand due to the recovery of the Western economy and the trend of multinational companies sourcing molds globally[22]. - The company has identified potential for sustainable development in the tire mold industry, indicating a positive outlook for future growth[22]. Risks and Challenges - The company faces risks including economic environment risk, exchange rate fluctuation risk, market competition risk, and raw material price volatility[3]. - The company recognizes the risk of exchange rate fluctuations affecting export pricing and profitability due to its increasing foreign market presence[72]. - The main raw materials for the company include forged steel, pig iron, and aluminum ingots, with fluctuations in prices negatively impacting gross and net profit margins[75]. Corporate Governance - The company adheres to legal and regulatory requirements for corporate governance, ensuring compliance with relevant standards[78]. - The company has established a sound organizational structure, with all departments operating independently from the controlling shareholder[82]. - The company maintains an independent and complete research, procurement, production, and sales system, without reliance on shareholders or related parties[79]. Employee and Management - The total number of employees at the end of the reporting period was 12,803, with 11,882 in the parent company and 921 in major subsidiaries[107]. - The company has established a comprehensive training system to enhance employee skills, including various training programs for different employee levels[109]. - The company is committed to talent development and has established a competitive management team to ensure sustainable growth[67]. Environmental and Sustainability Efforts - The company has achieved ISO14001 and ISO50001 certifications, demonstrating its commitment to environmental management and energy efficiency[129]. - The company was recognized as a "Green Factory" by the Ministry of Industry and Information Technology, highlighting its efforts in sustainable manufacturing practices[129]. - The company has implemented a strict waste classification management system, aiming to minimize emissions and promote green production[129]. Shareholder Information - The company plans to distribute a cash dividend of CNY 3.75 per 10 shares, based on a total of 800,000,000 shares[4]. - The total cash dividend amount represents 100% of the total distributable profit of 4,606,324,002.68 CNY for the reporting period[113]. - The participation ratio for the first extraordinary shareholders' meeting in 2021 was 47.34%[84].