ST天龙(300029) - 2021 Q4 - 年度财报

Financial Performance - The net profit attributable to shareholders for 2021 was -4,590,481.97 CNY, representing a year-on-year decrease in losses of 85.66%[5]. - Operating revenue for 2021 reached 317,170,709.83 CNY, an increase of 161.13% compared to the previous year[19]. - The net cash flow from operating activities was -15,207,219.23 CNY, showing an improvement of 44.72% from the previous year[19]. - The basic earnings per share for 2021 was -0.0230 CNY, an improvement of 85.63% compared to -0.1589 CNY in 2020[19]. - The company's net profit for 2021 was CNY -4,606,322.30, an improvement of 85.68% compared to the previous year[37]. - The company reported a net profit attributable to shareholders of approximately ¥27.68 million in Q4 2021, following three quarters of losses[25]. - The company reported a total operating cost of CNY 274,369,563.48, which increased by 138.13% year-on-year[37]. - The company reported a total revenue of 2,012.4 million yuan for the year, reflecting a significant increase compared to the previous year[139]. Assets and Liabilities - Total assets at the end of 2021 amounted to 319,298,837.95 CNY, reflecting a growth of 53.42% year-on-year[19]. - The company's current assets totaled CNY 296,502,315.91, up from CNY 135,323,653.53 in the previous year, indicating a significant increase of about 119.5%[191]. - The total liabilities increased to CNY 305,189,072.31 from CNY 190,227,323.54, which is an increase of approximately 60.5%[192]. - The company's current liabilities amounted to CNY 303,714,729.61, compared to CNY 190,221,417.58 in 2020, marking an increase of about 59.7%[192]. - The company reported a total equity of CNY 14,109,765.64, which remained stable compared to the previous year[192]. Revenue Sources - The company's revenue from new energy EPC business was CNY 207,351,070.05, accounting for 65.38% of total revenue, with a growth of 184.32% year-on-year[39]. - Revenue from the new energy station construction, equipment sales, and operation services totaled CNY 314,908,837.26, accounting for 99.29% of the total revenue for 2021[181]. - The construction industry contributed CNY 314,935,385.93, representing 99.30% of total revenue, with a significant increase of 328.94% compared to 2020[39]. Strategic Initiatives - The company plans to not distribute cash dividends or issue bonus shares[7]. - The company plans to achieve a revenue target of at least ¥300 million and a net profit of at least ¥30 million for 2021 under its second stock incentive plan[20]. - The company plans to continue expanding its market presence and developing new technologies as part of its strategic initiatives[23]. - The company has made substantial progress in the investment and development of new energy power stations and related services[5]. Governance and Management - The company maintains a governance structure that complies with relevant laws and regulations, ensuring independence from its controlling shareholder[74]. - The board of directors consists of 5 members, including 2 independent directors, adhering to legal requirements[75]. - The company has implemented a performance evaluation and incentive mechanism that aligns with its development status[76]. - The company emphasizes transparency and timely information disclosure to protect the interests of all shareholders[76]. Shareholder Engagement - The annual shareholders meeting had a participation rate of 27.29% on May 13, 2021, where several key reports and proposals were approved[80]. - The first extraordinary shareholders meeting in 2021 had a participation rate of 30.20% on January 27, 2021, approving the stock issuance plan[81]. - The second extraordinary shareholders meeting in 2021 had a participation rate of 25.06% on July 19, 2021, where the election of the fifth board of directors was approved[82]. Internal Controls and Compliance - The company has maintained a focus on internal controls to ensure the accuracy of financial reporting and compliance with accounting standards[184]. - The internal control evaluation covers 100% of the company's total assets and total revenue, ensuring comprehensive risk management[113]. - The company has not discovered any major deficiencies in non-financial reporting internal controls during the evaluation period[116]. Market and Product Development - The company is actively involved in the development of new technologies and products, although specific details were not provided in the reports[86]. - The company has plans for market expansion and new product development, although specific details were not disclosed in the financial report[199]. Legal and Regulatory Matters - The company is currently involved in a legal dispute with Shanghai Jiemusi Electronic Materials Co., Ltd., with a claim amounting to 2,012.4 million yuan, which has been settled positively for the company[139]. - The company has not faced any administrative penalties related to environmental issues during the reporting period, indicating compliance with regulations[123]. Employee and Compensation - The total number of employees at the end of the reporting period was 144, with 61 in the parent company and 83 in major subsidiaries[106]. - The company has implemented a stock incentive plan, with a total of 315,000 shares granted during the reporting period, of which 205,000 shares are still restricted[111]. - The employee training plan focuses on technical skills, interpersonal communication, and innovative decision-making, with a mix of internal and external training[108].