SBS(SZ:300293)2022-04-27 16:00Financial Performance - The net profit attributable to shareholders increased year-on-year, indicating gradual improvement in order delivery and on-site installation compared to the previous year[6]. - The company's operating revenue for 2021 was CNY 1,107,162,454.05, a decrease of 4.24% compared to CNY 1,156,196,143.95 in 2020[25]. - The net profit attributable to shareholders was a loss of CNY 69,082,614.64, an improvement of 62.42% from a loss of CNY 183,850,628.87 in 2020[25]. - The net cash flow from operating activities was negative at CNY -56,493,719.74, a decline of 204.49% compared to CNY 54,066,163.61 in 2020[25]. - The total assets at the end of 2021 were CNY 2,113,270,013.23, down 7.23% from CNY 2,277,998,837.55 at the end of 2020[25]. - The company's basic earnings per share for 2021 was CNY -0.26, improving by 61.76% from CNY -0.68 in 2020[25]. - The overall business performance remains stable, with no significant adverse changes in key financial indicators[6]. - The company achieved total operating revenue of 1,107.16 million yuan, a year-on-year decrease of 4.24%[77]. - The gross profit margin for 2021 was reported at 35%, an increase from 32% in 2020[172]. Research and Development - R&D expenses accounted for 5.53% of operating revenue, an increase of 1.52% compared to the same period last year, reflecting the company's commitment to long-term development and product competitiveness[6]. - The company maintains a strong focus on enhancing its R&D capabilities and establishing a scientific research system to improve product structure[8]. - The company is committed to continuous investment in R&D to strengthen its core competitiveness and technological leadership[9]. - The number of R&D personnel remained stable at 492 in 2021, with the proportion of R&D staff increasing to 49.00% from 46.28% in 2020[102]. - The company's R&D investment amounted to ¥77,088,135.71 in 2021, representing 6.96% of total revenue, an increase from 5.63% in 2020[102]. - The company has developed multiple new cleaning technologies and products aimed at high-purity cleaning needs in semiconductor production and optical devices[101]. - The company has established four competitive R&D centers in Germany, Switzerland, and China, focusing on leading automation technology and future product development[132]. Market Expansion and Strategy - The company plans to expand its global market presence and deepen existing markets to mitigate risks associated with macroeconomic fluctuations[8]. - The company aims to leverage the global trend towards intelligent manufacturing to enhance its market position and expand its operational capabilities[36]. - The company is focused on expanding its market presence and enhancing its product offerings through ongoing research and development initiatives[156]. - The company plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[172]. - The company is focusing on market expansion through acquisitions and establishing new subsidiaries in Mexico and India[112]. - The company has a strategic plan to leverage its expertise in automation to capture growth opportunities in the industrial sector[156]. - The company aims to enhance shareholder value through effective management and strategic decision-making[156]. Technological Innovation - The company emphasizes the importance of technological innovation to maintain competitive advantages in the rapidly evolving automation and industrial cleaning sectors[9]. - The company's intelligent manufacturing technology is at the industry-leading level, having received multiple innovation awards for its automated tire forming machines and digital factory logistics systems[70]. - The company has developed a comprehensive digital factory solution that integrates intelligent logistics systems with automated production equipment, enhancing operational efficiency[66]. - The company has integrated advanced technologies and management experiences across its subsidiaries, enhancing its core competitiveness through resource sharing in customer relations, distribution channels, and after-sales service[67]. Risk Management - The management has outlined potential risks and countermeasures in the future development outlook section of the report[6]. - The company acknowledges risks related to market competition and aims to leverage its market experience and research to capture opportunities[10]. - The company emphasizes cash flow management and strict budget control to mitigate liquidity risks[76]. - The company will continue to enhance its risk control and emergency response systems to mitigate uncertainties brought by the COVID-19 pandemic[143]. Corporate Governance - The company has established a sound corporate governance structure, complying with relevant laws and regulations, with no reported violations[147]. - The company operates independently from its controlling shareholders in terms of assets, personnel, finance, and business, ensuring complete operational autonomy[149]. - The company has a fully independent financial department with a robust accounting system, and it operates its own bank accounts without interference from controlling shareholders[149]. - The company has a structured remuneration decision process based on industry averages and annual performance evaluations[164]. Social Responsibility - The company emphasizes a commitment to social responsibility, ensuring compliance with labor laws and maintaining a safe working environment, with no major labor safety incidents reported throughout the year[192]. - The company has a stable profit distribution policy and cash dividend plan to reward shareholders[192]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[191]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 15% to 1.725 billion CNY[199]. - New product development includes the launch of an advanced automation system, expected to contribute an additional 200 million CNY in revenue[200]. - The company plans to invest 100 million CNY in research and development for new technologies in the upcoming year[199]. - The company aims to improve operating cash flow and reduce financial costs under overall market pressure, thereby enhancing profitability[142].