EASA(SZ:300215)2022-04-27 16:00Financial Performance - The company's operating revenue for 2021 was ¥862,609,338.39, representing a 22.83% increase compared to ¥702,297,589.56 in 2020[21]. - The net profit attributable to shareholders for 2021 was ¥192,694,779.73, a significant increase of 122.43% from ¥86,631,780.66 in 2020[21]. - The net profit after deducting non-recurring gains and losses was ¥159,056,913.86, up 153.70% from ¥62,695,054.95 in 2020[21]. - The net cash flow from operating activities increased by 30.31% to ¥627,235,711.00 in 2021 from ¥481,327,618.59 in 2020[21]. - The company's basic earnings per share for 2021 was ¥0.26, reflecting a 136.36% increase from ¥0.11 in 2020[21]. - The weighted average return on equity for 2021 was 10.20%, up from 4.36% in 2020[21]. - The company achieved operating revenue of ¥862,609,338.39, an increase of 22.83% compared to the previous year[67]. - The net profit attributable to shareholders increased by 122.43% to ¥192,694,779.73, while the net profit excluding non-recurring gains and losses rose by 153.7% to ¥159,056,913.86[67]. Investment and Assets - The total fixed assets and construction in progress of the company reached CNY 2.774 billion by the end of the reporting period[7]. - The total assets at the end of 2021 were ¥3,770,383,186.72, a decrease of 8.10% from ¥4,102,525,083.90 at the end of 2020[21]. - The company has a commitment to invest RMB 53,000 million in projects, with RMB 46,759.08 million already utilized, representing 88.5% of the total commitment[104]. - The company has a project completion rate of 87.35% for the direct current testing system project, with RMB 33,192.92 million invested[104]. - The company reported a total of RMB 130,381,000 in financial assets at the end of the reporting period[98]. - The company has a total of RMB 183,681,000 in initial investments across various asset categories[98]. Research and Development - The company has invested in research and development to enhance its one-stop testing service capabilities, which is crucial for customer satisfaction and operational efficiency[36]. - The company plans to increase R&D investment to enhance its innovation capabilities and focus on cutting-edge testing technologies and standards[49]. - Research and development expenditure amounted to CNY 79,134,212.34 in 2021, representing 9.17% of operating revenue[82]. - The number of R&D personnel increased by 10.25% to 269 in 2021, compared to 244 in 2020[82]. - The company has filed multiple patents for new technologies, indicating ongoing investment in R&D and innovation[66]. - The company has obtained 13 new patents in 2021, including innovations in low-temperature refrigeration systems and high-temperature test chambers[60]. Market Position and Strategy - The company expects the electric power testing market to continue growing at an annual rate of over 10%, reaching approximately ¥82.9 billion by 2023[32]. - The company aims to expand its international presence and has established partnerships with renowned international testing organizations, enhancing its global credibility[42]. - The company plans to continue its acquisition strategy to strengthen its market position and expand service offerings, responding to the increasing competition in the electrical testing industry[40]. - The company has been recognized as a "National Public Service Demonstration Platform for Small and Medium-sized Enterprises," indicating its commitment to improving service quality and supporting industrial development[39]. - The company has established a strong core competitiveness through a long-term commitment to technological innovation, with no adverse changes reported in its core capabilities during the reporting period[48]. Governance and Compliance - The company has established a governance structure that complies with relevant laws and regulations, ensuring independence from its controlling shareholder[134]. - The board of directors consists of 9 members, including 3 independent directors, and has held 6 meetings in the reporting period[136]. - The company has a dedicated investor relations management system to enhance communication and transparency with investors[139]. - The governance practices of the company align with the regulations set forth by the China Securities Regulatory Commission and the Shenzhen Stock Exchange[140]. - The company maintains a strict separation in assets, personnel, and operations from its controlling shareholder, ensuring independent business capabilities[141]. Risks and Challenges - The company faces risks of market capacity shrinkage due to potential downturns in the macroeconomic environment affecting the power and electrical equipment manufacturing industries[5]. - Future risks include potential market contraction due to economic downturns affecting the electrical equipment manufacturing sector[121]. - The company recognizes the risk of goodwill impairment following acquisitions and is taking steps to integrate operations and manage potential risks[126]. - The company faces risks related to the rising costs of testing equipment and construction, which may lead to discrepancies between estimated and actual project costs[124]. Employee and Management - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 7.03 million[168]. - The company has a training program that focuses on meeting the diverse needs of employees and enhancing their adaptability and performance[183]. - The company reported a total of 1,236 employees at the end of the reporting period, with 1,042 in the parent company and 194 in major subsidiaries[179]. - The company emphasizes the importance of cash dividends in its profit distribution policy to ensure stable returns for shareholders[185]. - The company has a competitive advantage in its salary system compared to peers in the same industry and region[182]. Environmental and Social Responsibility - The company is not classified as a key pollutant discharge unit and has taken measures to reduce carbon emissions[199]. - The company actively supports local construction and economic development, fulfilling its social responsibilities[200]. - The company is committed to improving the quality of electrical products through its testing services[200].