BOTON TECHNOLOGY(SZ:300031)2022-04-22 16:00Financial Performance - In 2021, the company achieved operating revenue of 2.76 billion CNY, a year-on-year increase of 4.62%, and a net profit attributable to shareholders of 403 million CNY, a year-on-year decrease of 7.81%[5]. - The company reported a total of CNY 21,025,502.46 in government subsidies recognized in the current period, compared to CNY 9,175,047.84 in 2020[61]. - The net profit attributable to shareholders for 2021 was CNY 402,661,216.69, a decrease of 7.81% from CNY 436,763,840.98 in 2020[51]. - The net cash flow from operating activities was CNY 152,358,092.55, down 45.15% from CNY 277,767,132.94 in 2020[51]. - The total assets at the end of 2021 were CNY 5,363,099,284.68, an increase of 12.52% from CNY 4,766,405,298.60 at the end of 2020[51]. - The basic earnings per share for 2021 was CNY 1.0453, a decrease of 7.83% from CNY 1.1341 in 2020[51]. - The company’s weighted average return on equity for 2021 was 12.56%, down from 15.67% in 2020[51]. - The company’s fourth-quarter operating revenue was CNY 787,716,066.65, with a net profit attributable to shareholders of CNY 69,396,736.43[54]. - The company plans to distribute a cash dividend of RMB 1.00 per 10 shares, based on a total of 411,968,821 shares[26]. Revenue Sources - In 2021, the company's overseas revenue reached RMB 1,908.64 million, accounting for 69.16% of total revenue[21]. - The company generated overseas game revenue of RMB 1,487.86 million in 2021, representing 97.38% of total game revenue[19]. - Revenue from mobile games was ¥1,527,899,616.54, accounting for 55.36% of total revenue, showing a slight decrease of 0.21% compared to the previous year[189]. - The revenue from industrial bulk material intelligent delivery services was ¥1,231,879,640.48, which increased by 11.30% year-on-year, making up 44.64% of total revenue[189]. - The revenue from industrial bulk material intelligent delivery services was ¥1,231,879,640.48, with a gross margin of 30.56%, reflecting an increase of 11.30% year-over-year[195]. Market Expansion and Strategy - The company aims to strengthen its global market presence, focusing on regions such as Korea, Southeast Asia, and Europe, while also entering the domestic gaming market[12]. - The company is committed to sustainable high-quality development and enhancing collaboration with universities and external partners to improve resource sharing and data integration across the industry chain[11]. - The company is focused on developing high-quality games and expanding its market presence to adapt to changing user preferences[26]. - The company aims to enhance its overseas distribution and operational capabilities to maintain competitive advantages in the gaming market[22]. - The company is actively expanding into overseas markets, including the US, Japan, and South America, enhancing its global game distribution capabilities[161]. Innovation and R&D - The company invested over 150 million CNY to build an innovation center and established the Boton Intelligent Conveyor Industry Green Development Research Institute[7]. - The company is committed to continuous innovation and collaboration to create value for shareholders in the digital era[15]. - The company has established a research center for intelligent conveying systems and aims to help clients achieve full-process digital operations and real-time safety monitoring[133]. - The company is investing in new technologies, including AI and cloud computing, with a budget allocation of $10 million for research and development[41]. - The company has filed for 46 new patents during the reporting period, with a total of 140 effective patents as of December 31, 2021[150]. User Engagement and Satisfaction - User data showed an increase in active users by 25% compared to the previous year, reaching 5 million active users[31]. - Customer satisfaction ratings improved to 90%, reflecting a 5% increase from the previous year[31]. - The paid user base grew to 300,000, reflecting a 15% increase from the previous year[43]. - The average revenue per paying user (ARPPU) increased to $15, indicating a 10% rise compared to the previous year[43]. - The company achieved a next-day retention rate of 60%, which is a 5% improvement from the last reporting period[43]. Industry Trends and Market Insights - The domestic intelligent transportation market for industrial bulk materials is projected to reach a market size of 100 billion yuan by 2025, with a penetration rate of 24.7% in the mining sector[72]. - The overall market size for smart mining is anticipated to exceed 1 trillion yuan by 2025, driven by policies promoting intelligent construction in coal mines[75]. - The demand for intelligent transportation solutions is driven by the need for digital transformation in resource-based enterprises, particularly in response to the dual carbon goals[71]. - The intelligent transportation system for industrial bulk materials aims to enhance efficiency, safety, and environmental sustainability in industries such as coal, steel, and ports[68]. - The cultural industry is undergoing a digital transformation, with a focus on integrating new technologies such as AI and big data into various aspects of cultural production and consumption[67]. Technological Advancements - The company is investing in autonomous driving, virtual reality, and AI to integrate unmanned transportation solutions with its systems[127]. - The company has developed a series of intelligent manufacturing systems, including BT-MES and BT-SER, to achieve flexible and agile manufacturing[153]. - The company is focusing on technology innovation and has established high-level R&D platforms to maintain its competitive advantage[152]. - The company is enhancing its digital transformation in industrial bulk material transportation, aligning with national strategic development[119]. - The company offers a comprehensive solution for intelligent transportation, integrating cloud computing, big data, IoT, and AI technologies[123]. Partnerships and Collaborations - The company has established partnerships with financial institutions to mitigate foreign exchange risks, which could impact net profits[21]. - The company has strengthened partnerships with universities and research institutions, enhancing its R&D capabilities and innovation[155]. - The company has maintained long-term partnerships with major global mining and steel groups, enhancing its market presence[151]. - The company has established the Wuxi Metaverse Innovation Alliance, becoming the chair unit of the first council, with over 130 members[13]. - The company aims to deepen cooperation with HTC and Huawei in the VR/AR field, focusing on the metaverse[141].