ST金时(002951) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥386,991,754.17, a decrease of 39.48% compared to ¥639,429,048.77 in 2020[19] - The net profit attributable to shareholders for 2021 was ¥55,736,547.23, down 70.54% from ¥189,182,249.82 in 2020[19] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥48,550,955.80, a decline of 73.05% from ¥180,118,829.02 in 2020[19] - The net cash flow from operating activities was ¥142,521,692.10, a decrease of 46.30% compared to ¥265,426,306.55 in 2020[19] - Basic earnings per share for 2021 were ¥0.14, down 70.21% from ¥0.47 in 2020[19] - The weighted average return on net assets was 3.70%, a decrease of 10.22% from 13.92% in 2020[19] - The company reported a net profit of CNY 125,638,350.58 for the year 2021, with a legal surplus reserve of CNY 12,563,835.06 deducted[142] - The total cash dividend distributed was CNY 20,250,000.00, representing 100% of the total profit distribution amount[140] - The cash dividend per 10 shares was CNY 0.50 (including tax), based on a total share capital of 405,000,000 shares[142] - The company's available profit for distribution as of December 31, 2021, was CNY 189,124,326.75[142] Revenue Breakdown - Revenue from cigarette labels was ¥358,054,868.99, accounting for 92.52% of total revenue, down 41.96% from ¥616,932,691.97 in 2020[42] - The company achieved a gross margin of 33.37% in the packaging printing sector, which is a decrease of 5.91% year-on-year[44] - The production volume of packaging printing decreased by 42.65% to 54.31 million boxes in 2021 from 94.7 million boxes in 2020[46] - The Southwest region contributed ¥183,563,660.79, representing 47.43% of total revenue, with a year-on-year decrease of 7.26%[42] - The company reported a total revenue of 22.68 million yuan for the period, with a net loss of 1.71 million yuan[70] Investment and Capital Expenditure - The company has invested 64.14 million yuan in the Hunan production base project, with a cumulative investment of 351.18 million yuan[73] - The packaging printing production line expansion and technical transformation project has achieved an investment progress of 96.88%, with a total investment of 233.36 million yuan and 48.44 million yuan utilized[81] - The packaging materials production line technical transformation and expansion project has reached 100% of its investment target, with a total investment of 45.10 million yuan fully utilized[81] - The technology research and development center construction project has also achieved 100% investment completion, with a total investment of 68.90 million yuan fully utilized[81] - The company has reallocated part of the raised funds from previous projects to support the Hunan production base project, totaling 160.02 million yuan[82] Research and Development - Research and development expenses amounted to ¥10,435,261.45, a decrease of 5.18% compared to the previous year[52] - The company is focusing on the development of high-performance porous carbon materials for supercapacitors, aiming for a power output of 100 kW kg-1[54] - The company has completed the installation and debugging of a supercritical reaction platform for MXenes synthesis, enhancing its production capabilities[54] - The company aims to lead the commercialization of MXenes through breakthroughs in synthesis technology, establishing a competitive edge in the industry[54] - The company has invested 50 million yuan in R&D for new technologies aimed at improving production processes[119] Market Strategy and Operations - The company aims to expand its market share by continuously improving product quality and service offerings[35] - The company operates under a bidding system for its products, ensuring competitive pricing and adherence to client specifications[32] - The cigarette label printing industry is characterized by high entry barriers and stable demand, providing a favorable environment for the company's growth[29] - The company is focused on rapid response to customer needs for new product development, which is crucial for maintaining competitiveness in the tobacco market[37] - The company plans to enhance its online sales platform, aiming for a 40% increase in online sales by the end of 2022[120] Corporate Governance - The company has established a complete governance structure, including a board of supervisors that effectively supervises major matters and financial conditions[101] - The company has a transparent and structured performance evaluation and incentive mechanism for senior management, with salaries determined by the remuneration and assessment committee[101] - The company actively respects and protects the rights of all stakeholders, fulfilling its corporate social responsibility[102] - The company has implemented effective communication channels for investors, ensuring timely disclosure of significant matters[103] - The company has established a rigorous internal control self-assessment process, enhancing governance and risk management[130] Environmental Responsibility - The company emphasizes environmental protection and compliance with national standards for waste management and emissions in its production processes[93] - The company has established pollution prevention facilities that meet the emission standards for volatile organic compounds (VOCs) as per local regulations[152] - The company has implemented a comprehensive environmental monitoring system, ensuring all emissions are within regulatory limits[154] - The company has not faced any administrative penalties related to environmental issues during the reporting period[155] - The company promotes green production practices and encourages employees to adopt energy-saving behaviors[158] Shareholder Relations - The company ensures that minority shareholders have opportunities to express their opinions and that their rights are protected during profit distribution decisions[140] - The company has a proactive profit distribution policy, combining stock and cash dividends to reward shareholders[156] - The company reported a lock-up period extension of 6 months for shares held by directors and senior management after the initial public offering[164] - Shareholders are restricted from transferring more than 25% of their total shares directly or indirectly during their tenure as directors or senior management[168] - The company is committed to complying with regulations set by the China Securities Regulatory Commission regarding shareholding reductions[169]