科安达(002972) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was CNY 400,845,732.27, representing an increase of 11.18% compared to CNY 360,548,160.92 in 2020[20]. - The net profit attributable to shareholders for 2021 was CNY 151,411,212.69, which is a 10.20% increase from CNY 137,393,013.24 in 2020[20]. - The net profit after deducting non-recurring gains and losses was CNY 136,893,387.13, reflecting a 3.43% increase from CNY 132,359,733.18 in 2020[20]. - The company's total assets at the end of 2021 were CNY 1,423,069,160.61, an increase of 8.84% from CNY 1,307,430,818.68 at the end of 2020[21]. - The net assets attributable to shareholders at the end of 2021 were CNY 1,240,649,298.30, up 8.22% from CNY 1,146,444,761.40 at the end of 2020[21]. - The basic earnings per share for 2021 were CNY 0.8636, a 10.72% increase from CNY 0.78 in 2020[20]. - The net cash flow from operating activities for 2021 was CNY 74,767,424.78, a decrease of 8.47% compared to CNY 81,684,464.92 in 2020[20]. - The company reported a total investment of 45,449 million CNY, with a cumulative actual investment of 4,566.88 million CNY, representing 17.4% of the planned investment[87]. - The company achieved a net profit of ¥151,499,134.67 for the year 2021, with a net profit attributable to the parent company of ¥151,411,212.69[147]. Dividends and Shareholder Returns - The company reported a cash dividend of 5.00 RMB per 10 shares, based on a total of 175,121,100 shares, with no stock bonus[5]. - The total distributable profit at the end of 2021 was ¥545,701,775.65, with a cash dividend plan to distribute ¥87,560,550.00, equating to ¥5.00 per 10 shares[145][147]. - The cash dividend amount represents 100% of the total profit distribution, adhering to the company's profit distribution policy[145][147]. - The company plans to maintain the distribution ratio even if the total share capital changes due to various corporate actions[147]. Research and Development - The company has a strong focus on R&D, employing a model of "introduction - digestion - absorption - re-innovation" to enhance its technological capabilities[38]. - R&D expenses from 2019 to 2021 were 19.4 million, 31.4 million, and 40.1 million RMB, representing 6.05%, 8.72%, and 9.99% of total revenue respectively[41]. - The company launched 25 new patents in 2021, including 12 invention patents, enhancing its research and development capabilities[51]. - The company is investing 3 million in research and development for new technologies aimed at improving product efficiency[111]. - The company has committed to increasing R&D investment over the next three years to strengthen its operational framework and support rapid growth[96]. Market Position and Strategy - The company operates in the rail transit sector, providing products and solutions such as axle counting systems and comprehensive lightning protection systems[33]. - The company's core business in the rail transit sector generated revenue of CNY 389,501,317.37, accounting for 97.17% of total revenue, with a year-on-year growth of 11.82%[53]. - The company is positioned to benefit from national policies supporting urban rail transit construction, which is expected to enhance the demand for rail transit equipment[30]. - The company has established stable partnerships with major clients in the rail transit sector, including China Railway Group and various local railway companies[48]. - The company plans to expand its market presence through new product offerings and enhancements in power automation systems, which are anticipated to enhance competitiveness and market share[69]. Risk Management - The company emphasizes the importance of risk factors in its future development discussions[5]. - The company faces risks related to dependence on the rail and subway sectors, which could be impacted by reduced government investment or changes in product demand[98]. - The company is exposed to raw material price volatility risks, particularly for sensors, electronic components, and printed circuit boards, which could affect procurement costs and profitability[99]. Corporate Governance - The company maintains a clear ownership structure and operates independently from its controlling shareholders, ensuring no reliance on them for business operations[107]. - The company has established an independent personnel management system, with all senior management and financial personnel exclusively working for the company[108]. - The company has a robust financial management system in place, ensuring compliance with tax obligations independently from shareholders[108]. - The board of directors held eight meetings during the reporting period, with attendance rates being high among members[130]. - The company has established a fair and reasonable compensation system linked to performance evaluations, ensuring employee motivation[141]. Social Responsibility - The company actively participated in social responsibility initiatives, focusing on investor communication and employee welfare[158]. - In 2021, the company contributed to poverty alleviation efforts by signing a partnership agreement with a village in Guangxi, committing to financial support over three years[159]. - The company emphasized its commitment to environmental protection and energy efficiency in its operations[158]. Internal Control and Compliance - The company has established a comprehensive internal control system, covering key operational areas without significant omissions[149]. - The internal control audit report was disclosed on April 28, 2022, confirming the company's adherence to internal control standards[153]. - The company reported zero financial report major deficiencies and zero non-financial report major deficiencies for the year[156]. - The company has maintained compliance with all regulatory requirements, with no violations reported regarding external guarantees[178]. Employee and Talent Management - The total number of employees at the end of the reporting period was 383, with 196 in technical roles and 102 in production[139]. - The company has a total of 16 employees with a master's degree or higher, and 162 with a bachelor's degree[140]. - The company emphasizes that training is the best investment for the enterprise and the greatest benefit for employees, conducting various training programs to enhance employee skills[142].