ANJUBAO(SZ:300155)2022-04-27 16:00Financial Performance - The company's profit decreased by 73.54% year-on-year due to rising costs of raw materials and tightened credit policies from real estate developers[5]. - The company's operating revenue for 2021 was ¥759.40 million, a decrease of 18.98% compared to ¥937.31 million in 2020[26]. - The net profit attributable to shareholders for 2021 was ¥27.66 million, down 73.54% from ¥104.55 million in 2020[26]. - The net cash flow from operating activities improved significantly to ¥33.14 million, a 477.25% increase from -¥8.78 million in 2020[26]. - The basic earnings per share for 2021 was ¥0.050, a decline of 73.68% from ¥0.19 in 2020[26]. - The total assets at the end of 2021 were ¥1,748.16 million, reflecting a 1.61% increase from ¥1,720.47 million at the end of 2020[26]. - The net profit after deducting non-recurring gains and losses for 2021 was ¥22.18 million, down 77.89% from ¥100.33 million in 2020[26]. - The company's market share in the intercom and smart home segment was approximately 22.34%, a decrease of 7.26% year-on-year[37]. - The company achieved total sales revenue of 759 million yuan, a year-on-year decrease of 18.98%[50]. - The company recorded credit impairment losses and asset impairment provisions totaling 32.82 million yuan during the reporting period[51]. Business Operations - The company's main business is closely tied to the real estate industry, making it vulnerable to policy changes affecting the sector[6]. - The company plans to expand its business in the parking ecosystem to mitigate risks associated with the real estate sector[36]. - The company has implemented credit risk assessments for new customers to mitigate the risk of bad debts from accounts receivable[9]. - The company emphasizes the importance of effective cash collection strategies to control accounts receivable risks[9]. - The company reported a significant seasonal characteristic in its business, with major sales concentrated in the third and fourth quarters due to the real estate development cycle[36]. - The company is focusing on integrating technology in smart community sectors, including intercom systems and smart home solutions[107]. Costs and Expenses - The company reported that direct materials account for approximately 90% of its operating costs, with significant reliance on IC chips and LCD screens[12]. - The company faced increased product costs due to rising prices of raw materials such as LCD screens and IC chips[50]. - The company achieved a 10.53% year-on-year reduction in total sales, management, research and development, and financial expenses[55]. - Sales revenue from building intercom and smart home systems was 464 million yuan, down 5.37% year-on-year[50]. - Research and development expenses decreased by 10.16% to 77,730,122.30 CNY, due to a streamlined R&D personnel structure and reduced direct project expenditures[74]. Investments and Financing - The company raised approximately 100 million yuan through a private placement in 2020, aimed at developing smart home systems and supplementing working capital[13]. - The company completed a non-public offering of shares totaling ¥100 million during the reporting period[55]. - The company has utilized ¥980.01 million of the raised funds, leaving ¥8,366.71 million still available for use[92]. - The company reported an investment amount of ¥24,360,942.50 for the reporting period, representing a significant increase of 646.01% compared to ¥3,265,510.00 in the same period last year[88]. - The company has suspended supply to a major supplier due to overdue payments, indicating a potential risk in contract fulfillment[66]. Governance and Compliance - The company strictly adheres to the requirements of the Company Law and relevant regulations, ensuring compliance in corporate governance practices[112]. - The board of directors consists of 5 members, including 2 independent directors, complying with legal and regulatory requirements[113]. - The company has established a comprehensive performance evaluation and incentive mechanism for senior management, promoting the achievement of both short-term and long-term goals[114]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring autonomous business capabilities[116]. - The company has not experienced any violations of shareholder meeting rules or requests for temporary meetings from major shareholders[113]. Shareholder Information - The company plans to distribute a cash dividend of 0.36 yuan per 10 shares to all shareholders, based on a total of 561,227,744 shares[13]. - The total cash dividend distributed to shareholders amounted to RMB 20,204,198.78, representing 100% of the profit distribution total[148]. - The company reported a distributable profit of RMB 341,494,902.67 for the period[148]. - The company has not issued any new shares or stock bonuses during the reporting period, maintaining a stable capital structure[146]. - The company reported a total shareholding of 342,886,514 shares at the beginning of the period, with a net decrease of 30,000,000 shares, resulting in an ending total of 307,963,871 shares[120]. Research and Development - The company has made significant progress in developing new products, including an Android and Linux smart gateway and a dual-eye live face recognition device, which are expected to enhance product competitiveness[75]. - The company has completed the upgrade of its smart home product line to the Zigbee3.0 standard, improving functionality and competitiveness[75]. - The company has a strategic plan to enhance its research and development capabilities in embedded development technology and audio-video digital processing technology[129]. - The number of R&D personnel decreased by 24.09% from 552 in 2020 to 419 in 2021, with the proportion of R&D personnel dropping from 42.04% to 40.30%[76]. - R&D investment amounted to ¥77,730,122.30 in 2021, representing 10.24% of operating revenue, an increase from 9.23% in 2020[76]. Environmental and Social Responsibility - The company does not belong to the category of key pollutant discharge units and has not faced any administrative penalties for environmental issues during the reporting period[156]. - The company actively manages noise, wastewater, waste gas, and hazardous waste in compliance with regulations[156]. - The company has committed to legal compliance and actively supports local economic development through tax contributions[158]. - The company emphasizes integrity in safeguarding the rights of suppliers and creditors, adhering strictly to signed contracts and promoting business ethics[158]. Risk Management - The company faces risks related to goodwill impairment from its acquisition of parking lot advertising resources, which could negatively impact its financial results[8]. - The company is exposed to risks from rising raw material prices, particularly if suppliers increase prices due to capacity constraints[11]. - The tightening of credit policies based on the financial status of real estate developers impacted revenue and profit[50]. - The company has taken measures to manage risks associated with employee benefits and property leasing to avoid penalties[163].