Amsky(SZ:300521)2022-04-25 16:00Financial Performance - The company's operating revenue for 2021 was ¥153,399,734.29, an increase of 12.43% compared to ¥136,439,924.92 in 2020[19]. - The net profit attributable to shareholders in 2021 was ¥5,009,780.46, a significant turnaround from a loss of ¥12,146,417.02 in 2020, representing a 141.24% increase[19]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥3,139,378.34, up 124.50% from a loss of ¥12,811,366.16 in 2020[19]. - The net cash flow from operating activities increased by 53.60% to ¥34,707,691.83 in 2021, compared to ¥22,596,745.02 in 2020[19]. - The total assets at the end of 2021 were ¥601,073,543.17, a slight increase of 0.23% from ¥599,685,248.37 at the end of 2020[19]. - The net assets attributable to shareholders at the end of 2021 were ¥508,472,526.05, reflecting a 0.99% increase from ¥503,478,100.89 at the end of 2020[19]. - The company reported a basic earnings per share of ¥0.0348 in 2021, compared to a loss of ¥0.0844 in 2020, marking a 141.23% improvement[19]. - The weighted average return on equity for 2021 was 0.99%, recovering from -2.38% in 2020[19]. - The company's revenue for the reporting period was 153.4 million yuan, an increase of 12.43% compared to the previous year[41]. - Net profit attributable to shareholders was 5.01 million yuan, up 141.24% year-on-year[41]. Product Development and Innovation - The company is focusing on the development of new products, including inkjet printheads and 3D printers for sand mold printing[13]. - The company launched new high-precision and energy-efficient CTP products, enhancing its competitive position in the market[29]. - The 3D printing industry is entering a growth phase, with significant potential for expansion in various applications, which the company aims to leverage[31]. - The company achieved mass production and sales of the S2000 3D sand printing equipment, with contracts signed with several companies including Xi'an Aerospace Engine Company[44]. - The company has successfully implemented small-batch production and usage of the 512-piezo inkjet printhead, exploring MEMS technology applications[45]. - The new T1000 ceramic 3D printing device was installed and tested, demonstrating its capabilities in precision casting and artistic applications[46]. - The company is actively developing derivative businesses in ceramic powder printing and 3D metal printing[47]. - The company is focusing on the development of sand-type 3D printers, with a build size of 20001000800mm, to capture more market opportunities[78]. - The company is developing a new product line for ceramic digital printing, which is expected to save costs and improve product performance[78]. - The company is developing an automatic spot compensation technology to ensure consistent laser scanning line width across the print area, addressing issues with beam width increase due to tilt[79]. Market Strategy and Expansion - The company has a focus on expanding its market presence and exploring strategic acquisitions[12]. - The overseas revenue reached ¥59,720,283.31, making up 38.93% of total revenue, with a 22.76% increase compared to ¥48,647,295.25 in 2020[64]. - The company has established a sales network with 10 domestic distributors and 6 overseas distributors, covering over 50 countries and regions[61]. - The company plans to enhance its CTP products with higher precision and efficiency, aiming to expand its market share in the mid-to-high-end segment[115]. - The company aims to become a leading player in the 3D printing industry by applying 3D sand mold printing technology across various industrial sectors[115]. - The company plans to shift focus from CTP equipment production to MEMS print head production to capture a larger market share[103]. Corporate Governance - The company has established a clear governance structure in compliance with relevant laws and regulations, ensuring the separation of powers among the shareholders' meeting, board of directors, supervisory board, and management[123]. - The board of directors consists of seven members, including three independent directors, ensuring compliance with legal and regulatory requirements[126]. - The supervisory board, composed of three members, is responsible for safeguarding the rights of the company and its shareholders, ensuring compliance and legality in the actions of the board and management[127]. - The company has a complete and independent corporate governance structure, including a shareholders' meeting, board of directors, and supervisory board, ensuring no interference from controlling shareholders[136]. - The company has maintained a clear separation of its operational and office locations from those of its controlling shareholders[136]. - The company has successfully maintained its independence in business operations, with no reliance on related parties for production or sales activities[137]. Risk Management - The company is facing potential risks in 2022, which are detailed in the management discussion section of the report[4]. - The company has identified risks related to major asset restructuring, which requires regulatory approval and carries uncertainties[117]. - The company faces new product development risks due to high technical barriers, which may affect future performance if timelines are not met[118]. - The company faces significant accounts receivable risks due to its installment payment collection method, which has led to an increase in accounts receivable, necessitating a prudent bad debt provision policy[119]. - The company’s overseas business primarily settles in USD, exposing it to exchange rate fluctuations that could impact product pricing competitiveness and result in foreign exchange losses[120]. Employee and Talent Management - The company has a strong talent pool with expertise in various fields, including optical, precision manufacturing, and software development, ensuring robust technical support for product development[60]. - The number of R&D personnel increased by 17.54% to 67 in 2021, accounting for 31.30% of the total workforce[81]. - R&D investment amounted to ¥21,730,503.05 in 2021, representing 14.17% of operating revenue, a decrease from 17.29% in 2020[81]. - Training programs conducted in 2021 included management training and operational training for employees, aimed at improving overall employee quality and enhancing competitiveness[167]. - The employee composition includes 79 production personnel, 36 sales personnel, and 67 technical personnel, with a total of 215 employees[165]. Financial Management - The company reported a significant reduction in financial expenses by 83.97%, amounting to ¥253,317.17, primarily due to decreased exchange losses[76]. - The company’s cash flow from financing activities improved by 100.00% due to the absence of cash dividends paid in the current year[84]. - The company has not capitalized any R&D expenses in the past three years, maintaining a 0.00% capitalization rate[81]. - The company has engaged Tianzhi International Accounting Firm for auditing services, with a fee of 600,000 RMB, and has maintained this auditor for 8 consecutive years[191]. - The company has not faced any bankruptcy restructuring or major litigation during the reporting period[192][193]. Shareholder Commitments - The actual controller and shareholders have fulfilled their commitments as of the reporting period end, with no violations reported[185]. - The commitments include a limit on share transfers not exceeding 25% of total shares held during the tenure and a six-month restriction post-resignation[185]. - The commitments are in effect since the company's stock listing on June 27, 2016, and have been adhered to without any breaches[185]. - The company has a structured approach to managing shareholder expectations and maintaining investor confidence through these commitments[185]. Social Responsibility - The company actively engages in social responsibility, providing free health check-ups for employees and ensuring equal development opportunities[181]. - The company has not initiated any targeted poverty alleviation work during the reporting period and has no subsequent plans[182].