远大智能(002689) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was CNY 969,345,686.99, representing a 5.91% increase compared to CNY 915,213,967.87 in 2020[19]. - The net profit attributable to shareholders for 2021 was CNY 13,002,617.32, a significant increase of 50.78% from CNY 8,623,450.82 in 2020[19]. - The basic earnings per share for 2021 was CNY 0.0125, up 50.60% from CNY 0.0083 in 2020[19]. - The company's main business revenue, after deducting non-operating income, was CNY 938,114,837.95 in 2021, compared to CNY 882,589,645.53 in 2020[19]. - The total operating revenue for 2021 was approximately ¥969.35 million, representing a year-over-year increase of 5.91% compared to ¥915.21 million in 2020[44]. - The elevator segment generated ¥916.51 million, accounting for 94.55% of total revenue, with a year-over-year growth of 4.46%[44]. - The company achieved a significant increase in revenue from robotic automation equipment, which rose by 707.84% to ¥21.60 million[44]. - The company reported a total revenue of 3,357,969,000 CNY for the year 2021, with a significant increase compared to the previous year[99]. - The company reported a positive profit available for distribution to shareholders but did not propose a cash dividend distribution for the year, opting instead to reinvest in production technology innovation, R&D, and market expansion[123]. Cash Flow and Assets - The net cash flow from operating activities decreased by 71.27% to CNY 30,964,454.07 in 2021, down from CNY 107,791,310.31 in 2020[19]. - The total cash inflow from financing activities increased by 166.99% to ¥63,400,863.50 in 2021[61]. - The total amount of cash and cash equivalents increased by ¥35,972,433.83, a decrease of 60.32% compared to the previous year[62]. - As of the end of 2021, cash and cash equivalents amounted to ¥365,450,171.60, representing 17.36% of total assets, an increase of 3.37% from the beginning of the year[64]. - Accounts receivable stood at ¥590,289,514.33, accounting for 28.04% of total assets, up by 0.85% compared to the start of the year[64]. - Inventory increased to ¥278,871,344.32, which is 13.25% of total assets, reflecting a rise of 0.39%[64]. - The total cash outflow from investment activities decreased significantly by 97.96% to ¥557,174.90 in 2021[61]. Research and Development - The company’s total R&D expenditure in 2021 was ¥34,896,957.95, representing 3.60% of total revenue, a slight decrease from 3.68% in 2020[59]. - The company has established a comprehensive marketing service network with subsidiaries in key domestic regions and several countries, enhancing its international market expansion capabilities[36]. - The company is focusing on developing new technologies and products, particularly in the elevator and electrical equipment sectors, to enhance its market position[98]. - The company is committed to continuous innovation and aims to create a national-level enterprise technology center to advance new technologies and products[35]. - The R&D focus includes developing new products that are safe, intelligent, and environmentally friendly, with specific upgrades planned for home elevators and compliance with new international standards[77]. Market Strategy and Expansion - The company is actively expanding its maintenance and installation services, aiming to increase maintenance revenue as a new profit growth point[40]. - The company is prioritizing smart manufacturing and digital transformation, with a focus on integrating IoT, big data, and AI into its products[30]. - The company aims to enhance elevator sales and increase the proportion of paid maintenance service revenue, transitioning from a manufacturing-focused to a technology service-oriented enterprise[75]. - The company is focusing on enhancing its cash flow management and has implemented measures to improve accounts receivable collection[40]. - The company is exploring opportunities for market expansion and potential mergers and acquisitions through its subsidiaries[103]. Governance and Compliance - The company adheres to legal and regulatory requirements in its governance practices, ensuring independence from its controlling shareholder and maintaining a robust internal control system[85]. - The company has established performance evaluation and incentive mechanisms for its board and management, promoting transparency and accountability[87]. - The company emphasizes timely and accurate information disclosure to ensure all shareholders have equal access to information, enhancing transparency[89]. - The company has established a governance structure with a clear separation from its controlling shareholders, ensuring independent operation[92]. - The company has a fully independent financial accounting system and decision-making process, with dedicated financial personnel and a structured financial management system[92]. Legal Matters - The company has ongoing litigation involving a total of approximately ¥1,500.00 million across various cases, with amounts ranging from ¥100.01 million to ¥289.55 million[149]. - The company is actively pursuing legal actions against multiple entities for overdue payments related to elevator contracts, indicating ongoing cash flow challenges[149]. - The total amount involved in litigation reflects the company's efforts to recover outstanding debts from various clients[149]. - The company has achieved a win in the first instance for the case against 辽宁天久置业有限公司, which has been marked as settled[149]. - The company has indicated that it will continue to monitor and manage its litigation portfolio to mitigate financial risks associated with overdue payments[149]. Environmental and Social Responsibility - The company is committed to sustainable development, balancing economic, social, and environmental benefits[134]. - The company has implemented energy-saving and emission-reduction measures to improve production efficiency and environmental management[136]. - The company has established a comprehensive environmental management system in compliance with ISO 14001 standards, promoting sustainable development and green production practices[135]. - The company has not received any environmental complaints and has not experienced any major environmental pollution incidents, demonstrating effective waste management and environmental protection measures[136]. - The company plans to continue protecting shareholder rights and actively engage in social responsibility initiatives, focusing on employee rights and environmental responsibilities[136].