贝肯能源(002828) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥1,143,382,772.79, representing a 22.19% increase compared to ¥935,753,630.82 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥19,947,316.04, a decrease of 19.98% from ¥24,928,157.88 in 2020[20]. - The net profit after deducting non-recurring gains and losses was ¥16,979,387.34, down 9.48% from ¥18,757,292.93 in 2020[20]. - The net cash flow from operating activities was ¥49,815,223.38, a decline of 9.49% compared to ¥55,038,672.90 in 2020[20]. - The total assets at the end of 2021 were ¥2,764,804,672.02, an increase of 5.15% from ¥2,629,489,650.07 at the end of 2020[20]. - The company's weighted average return on equity for 2021 was 2.05%, down from 2.56% in 2020[20]. - The company reported a total distributable profit of 443.803 million yuan, with the cash dividend representing 100% of the profit distribution[151]. Audit and Compliance - The company has received an unqualified audit report with an emphasis of matter paragraph from Tianye Certified Public Accountants[4]. - The audit report issued by Gongzheng Tianye CPA reflects the company's financial status and operational situation for the year 2021 objectively and truthfully[186]. - The company has maintained the same accounting firm, Gongzheng Tianye CPA, for three consecutive years, with an audit fee of CNY 650,000[189]. - There were no significant changes in accounting policies or estimates compared to the previous year's financial report[187]. - The company has not faced any penalties or rectification issues during the reporting period[192]. Business Operations - The company has not changed its main business since its listing, and there have been no changes in controlling shareholders[19]. - The company is positioned as a leading comprehensive service provider in oil and gas resource development, focusing on digitalization and low-carbon transformation trends[30]. - The company offers integrated drilling services, including drilling, fracturing, and testing, as well as chemical products and related technical services[32][34]. - The company has subsidiaries including Beiken Energy Kish Co., Ltd. registered in Iran[12]. - The company completed over 2,000 drilling operations, with a total drilling footage exceeding 2 million meters[40]. - The company has a total of over 50 drilling rigs, including 10 units of 70 rigs, and can operate simultaneously on 50 work fronts[40]. Market Strategy and Expansion - The company expanded its market presence through acquisitions, notably entering the Shanxi coalbed methane and tight gas market[45]. - The Southwest market, primarily focused on shale gas development, contributed significantly to the company's performance, with a revenue increase of 84.19% in this region[47]. - The company is targeting the Southwest market for shale gas development and the Xinjiang market for conventional oil and gas development as part of its market strategy[90]. - The company aims to leverage new technologies and renewable energy applications in oil and gas resource extraction to create new market opportunities[31]. - The company is innovating its market development model by combining engineering services with capital investment and turnkey projects[99]. Research and Development - The company holds 33 authorized patents, including 10 invention patents, reflecting its commitment to technological innovation[41]. - The number of R&D personnel increased by 63.33% from 60 in 2020 to 98 in 2021, representing 7.00% of the total workforce[68]. - R&D investment rose by 118.42% from ¥20,420,492.67 in 2020 to ¥44,601,671.47 in 2021, accounting for 3.90% of operating revenue[68]. - The company aims to develop high-end LWD (Logging While Drilling) instruments with key technical targets including a maximum working temperature of 155°C and a maximum working pressure of 140 MPa[65]. - The company is focusing on the development of new hydraulic straightening machines to enhance the performance and variety of drilling tools, which will improve market resilience[65]. Risk Management - The management discussion section highlights potential risks the company may face in future operations[4]. - The company faces risks related to equipment idleness due to the Ukraine conflict, with ongoing monitoring of the situation[100]. - The company has implemented a strict HSE management system to mitigate safety risks associated with oil and gas exploration[102]. - The company is addressing potential human resource risks by optimizing talent structure and enhancing management capabilities[105]. - The company plans to take effective measures to mitigate the impact of the emphasized matters in the audit report, ensuring sustainable development and protecting investor interests[177]. Governance and Management - The company maintains independence in operations, assets, personnel, institutions, and finances from its controlling shareholders and actual controllers[113]. - The company has a complete organizational structure, including procurement, R&D, and sales systems, operating independently from shareholders[118]. - The company held 6 board meetings during the reporting period, all conducted in compliance with relevant regulations and internal rules[112]. - The company has established an independent financial department and operates its financial decisions independently, without shared bank accounts with controlling shareholders[119]. - The company’s governance structure includes a mix of experienced executives and independent directors, ensuring a balanced oversight[124]. Employee and Remuneration - The total number of employees at the end of the reporting period is 1,400, with 790 in production, 315 in technical roles, and 2 in sales[147]. - The company has established a comprehensive training system to enhance employee skills and capabilities, with plans to improve the training management system in 2022[149]. - The company’s remuneration policy aligns with its development stage, ensuring that employee compensation matches their contributions and industry standards[148]. - The total remuneration for the chairman and president, Chen Pinggui, is 680,100 CNY[133]. - The total remuneration for the executive president and board secretary, Chen Dong, is 650,000 CNY[133]. Social Responsibility - The company actively fulfills its social responsibilities, aiming for a balance between economic and social benefits[165]. - The company has not yet initiated poverty alleviation or rural revitalization efforts in the reporting year[166].