雪人股份(002639) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was CNY 2,008,655,584.69, representing a 37.73% increase compared to CNY 1,458,378,294.45 in 2020[22]. - The net profit attributable to shareholders was a loss of CNY 113,281,446.55, an improvement of 37.45% from a loss of CNY 181,110,263.12 in the previous year[22]. - The net cash flow from operating activities was negative at CNY -98,676,089.70, a decline of 175.50% compared to CNY 130,697,145.38 in 2020[22]. - Total assets increased by 17.13% to CNY 4,635,662,103.84 at the end of 2021, up from CNY 3,957,656,162.89 at the end of 2020[22]. - The net assets attributable to shareholders rose by 25.56% to CNY 2,654,914,324.67, compared to CNY 2,114,417,311.58 in 2020[22]. - The company reported a basic earnings per share of CNY -0.1681, improving by 37.44% from CNY -0.2687 in the previous year[22]. - The weighted average return on equity was -5.52%, an improvement from -8.21% in 2020[22]. - The company reported a total of ¥33,125,776.62 in non-recurring gains for the year, compared to ¥3,811,345.88 in 2020[30]. - The company's total revenue for the year was approximately ¥1,787,846,352.03, representing a 43.52% increase compared to the previous year[54]. - The company reported a total operating cost of ¥1,090,659,490.32, which is a 56.00% increase compared to the previous year[56]. Business Operations and Strategy - The company has not made any changes to its main business since its listing[21]. - The company has become a leading player in the ice-making equipment industry, with a strong brand presence both domestically and internationally[34]. - The company is actively involved in energy-saving and carbon reduction projects across various industries, contributing to both economic and social benefits[35]. - The company is focusing on expanding its applications in cold chain logistics and petrochemical gas sectors, continuously innovating in green and energy-efficient technologies[50]. - The company is actively developing hydrogen energy technologies, including hydrogen fuel cells, and plans to accelerate the construction of hydrogen energy equipment manufacturing projects[101]. - The company aims to expand its technology and services in four key areas: cold chain logistics, industrial refrigeration, clean energy, and hydrogen power[97]. - The company is focusing on low-carbon development in the refrigeration industry, developing compressors suitable for various eco-friendly refrigerants, aligning with national industrial development directions[100]. Market Trends and Industry Insights - The demand for refrigeration compressors is increasing due to the national "carbon peak and carbon neutrality" goals, with new environmentally friendly refrigerants being adopted[35]. - The cold chain logistics sector is expected to see accelerated development, driven by government policies and infrastructure upgrades, enhancing the demand for cold chain equipment[36]. - The oil and gas service market is experiencing growth due to the increasing demand for integrated services and the rising prices of natural gas[37]. - The central air conditioning market is expanding due to the rapid development of new infrastructure projects, including data centers and smart cities[38]. - Hydrogen energy is becoming a crucial part of China's energy structure, aligning with the country's push for renewable energy development[39]. Research and Development - The company has over 300 patents and 500 key process technologies, positioning it as one of the few global companies with leading technologies in piston, screw, and centrifugal compressors[48]. - The company is actively developing new models of compressors, with several projects at various stages of design and testing, aimed at expanding the sales market[69]. - The company is focusing on the development of hydrogen fuel cell engine systems, with successful tests on buses and logistics vehicles[70]. - Research and development (R&D) investment amounted to 114,102,729.84 yuan, representing 5.68% of total revenue, down from 8.04% in 2020, indicating a decrease of 2.36 percentage points[74]. - The number of R&D personnel increased by 8.31% to 417, with the proportion of R&D personnel in the total workforce rising to 10.04%[70]. Financial Management and Governance - The company has established an independent financial accounting system and does not have any fund occupation by controlling shareholders[135]. - The company maintains a fully independent operational system without reliance on controlling shareholders[131]. - The company’s governance structure complies with legal and regulatory requirements without significant discrepancies[130]. - The company has established a salary management system that links compensation to job responsibilities and performance[163]. - The company has a complete asset structure and does not have any assets occupied by shareholders[133]. Risks and Challenges - The company faces risks from intensified market competition, increasing accounts receivable, and foreign exchange fluctuations, and is taking measures to mitigate these risks[107][108][109]. - Copper materials and components account for approximately 60% of the total material costs, making the company vulnerable to fluctuations in copper prices[110]. - The company is facing project delays due to the COVID-19 pandemic, impacting production, delivery, and sales revenue[111]. - The hydrogen fuel cell industry is subject to risks from national policies and economic conditions, prompting the company to monitor macro policies and industry trends closely[113]. Shareholder and Management Activities - The company did not propose any cash dividend distribution during the reporting period, despite having a positive profit available for distribution[165]. - The company held three shareholder meetings in 2021, with participation rates of 22.38%, 22.94%, and 22.55% respectively[137]. - The company’s supervisory board held 9 meetings in 2021 to review financial conditions and the compliance of management responsibilities[126]. - The company appointed Wang Qinglong as the new supervisor and vice general manager, while Huayonghong was dismissed for personal reasons[140]. - The total remuneration for directors, supervisors, and senior management amounted to 4.40 million CNY[150]. Compliance and Reporting - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties during the reporting period[195]. - The company has not reported any significant environmental issues or administrative penalties[188]. - The company has not conducted any mergers or acquisitions during the reporting period[191]. - The current accounting firm is Dahua Certified Public Accountants, with an audit fee of 1.1 million yuan[199]. - The company did not face any delisting risks following the annual report disclosure[200].