Everfine(SZ:300306)2022-04-21 16:00Financial Performance - The company's operating revenue for 2021 was ¥452,950,907.22, representing a 12.58% increase compared to ¥402,334,959.30 in 2020[23]. - The net profit attributable to shareholders for 2021 was ¥105,359,807.84, a significant increase of 47.28% from ¥71,538,919.93 in 2020[23]. - The net profit after deducting non-recurring gains and losses was ¥72,389,265.10, up 46.43% from ¥49,436,190.36 in the previous year[23]. - The basic earnings per share for 2021 was ¥0.39, a 50.00% increase from ¥0.26 in 2020[23]. - The total assets at the end of 2021 amounted to ¥1,699,188,593.76, reflecting a 4.84% increase from ¥1,620,782,848.81 at the end of 2020[23]. - The net assets attributable to shareholders increased by 4.95% to ¥1,497,129,379.66 at the end of 2021 from ¥1,426,482,262.53 in 2020[23]. - The net cash flow from operating activities for 2021 was ¥89,906,436.16, a decrease of 22.88% compared to ¥116,582,205.76 in 2020[23]. - The company reported a quarterly revenue of ¥141,272,020.57 in Q4 2021, which was the highest among the four quarters[26]. - The weighted average return on equity for 2021 was 7.24%, an increase from 4.96% in 2020[23]. - The company received government subsidies totaling ¥12,596,027.13, primarily related to VAT refunds for self-developed software products[30]. Business Segments and Market Position - The largest business segment, traffic driving services, has benefited from domestic economic growth and increased automobile consumption, leading to rapid development in the driving training industry[5]. - The company maintains a market share of over 60% in the lighting detection sector, with a shift from price competition to competition based on technology, products, and services[34]. - The company has developed measurement systems for ultraviolet radiation, which gained attention during the COVID-19 pandemic, addressing industry measurement challenges[36]. - The automotive industry is experiencing rapid growth, with the company expanding its product offerings to include various automotive testing solutions, increasing market share year by year[36]. - The company has established a leading market share in the driving training management system, covering over 100 cities across 28 provinces in China[41]. - The company’s optical detection technology and calibration services are at an internationally advanced level, leading in both domestic market share and export volume[41]. Research and Development - The company plans to leverage existing technology and industry advantages to drive innovation and increase R&D investment, aiming to enhance market competitiveness and industry position[4]. - The company has accumulated a total of 213 patents, including 73 invention patents, 91 utility model patents, and 49 design patents, reflecting its strong focus on innovation[50]. - The company has a robust R&D team that supports continuous technological innovation and product upgrades, contributing to its competitive advantage[52]. - R&D investment for the year amounted to CNY 90.30 million, accounting for 19.94% of total revenue[57]. - The number of R&D personnel increased to 339 in 2021, representing a growth of 10.06% compared to 308 in 2020[83]. Risk Management and Governance - The company is facing risks related to policy changes that could impact its business performance, particularly in the traffic management and public safety sectors[6]. - The company aims to improve its internal management mechanisms to enhance operational efficiency and mitigate management risks as its scale grows[7]. - The company has established a governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and management team, ensuring compliance with relevant laws and regulations[108]. - The board of directors comprises 7 members, including 3 independent directors, meeting legal and regulatory requirements[109]. - The company has implemented a performance evaluation and incentive system linking management compensation to business performance[110]. Employee and Talent Management - There is an increasing demand for composite talents, and the company plans to optimize its human resources planning and talent assessment mechanisms to attract and retain skilled personnel[8]. - The company has a well-established training system that combines internal and external training to enhance employee skills and management capabilities[141]. - The company has 528 technical personnel, accounting for approximately 54.9% of the total workforce[139]. Cash Dividend and Profit Distribution - The profit distribution plan includes a cash dividend of 3.00 yuan per 10 shares (tax included) based on a total of 268,958,778.00 shares[8]. - The company reported a cash dividend of 3.00 CNY per 10 shares, totaling 80,687,633.40 CNY, which represents 88.60% of the distributable profit[143]. - The company’s cash dividend policy is clear and complies with the requirements of the shareholders' meeting[143]. Future Outlook and Strategic Initiatives - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[163]. - New product launches are expected to contribute an additional 200 million yuan in revenue, with a focus on innovative technology solutions[163]. - The company is expanding its market presence, targeting an increase in market share by 5% in the next year[163]. - There are plans for strategic acquisitions to enhance product offerings and market reach, with a budget of 300 million yuan allocated for this purpose[163]. - Research and development investments have increased by 25%, focusing on cutting-edge technologies to drive future growth[163].