古鳌科技(300551) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥173,498,483.76, a decrease of 40.60% compared to ¥292,072,800.75 in 2020[19] - The net profit attributable to shareholders for 2021 was ¥15,450,075.89, down 35.60% from ¥23,991,042.01 in the previous year[19] - The net cash flow from operating activities was negative at ¥25,833,903.89, a decline of 139.92% compared to ¥64,721,194.91 in 2020[19] - Basic earnings per share decreased by 37.50% to ¥0.05 from ¥0.08 in 2020[19] - The total operating revenue for 2021 was ¥173,498,483.76, representing a decrease of 40.60% compared to ¥292,072,800.75 in 2020[53] - Revenue from the electronic information industry - finance segment was ¥163,338,138.61, accounting for 94.14% of total revenue, down 42.37% from ¥283,425,991.50 in 2020[53] - The cash counting series revenue decreased by 55.83% to ¥48,791,482.93, while the self-service series revenue increased by 142.31% to ¥8,254,070.45[54] - Domestic revenue was ¥171,303,329.56, which is 98.73% of total revenue, reflecting a 40.97% decrease from ¥290,186,884.95 in 2020[54] - The gross profit margin for the electronic information industry - finance segment was 39.90%, a decrease of 2.17% compared to the previous year[56] Assets and Liabilities - The total assets at the end of 2021 increased by 25.26% to ¥1,049,399,535.18 from ¥837,797,054.78 at the end of 2020[19] - The net assets attributable to shareholders rose by 2.29% to ¥636,656,761.13 compared to ¥622,410,494.82 at the end of 2020[19] - The total operating cost for 2021 was ¥105,600,127.46, down 37.76% from ¥169,664,033.69 in 2020[61] - The total assets at the end of 2021 included cash and cash equivalents of ¥267,060,897.31, which represented 25.45% of total assets, down from 40.92% at the beginning of the year[77] Cash Flow and Investments - The net cash flow from operating activities was -¥25,833,903.89 in 2021, a decline of 139.92% compared to ¥64,721,194.91 in 2020[72] - Investment activity cash inflow increased by 94.57% to ¥236,815,160.64 in 2021, while cash outflow surged by 236.70% to ¥304,669,318.42[73] - The company reported a net cash flow from financing activities of ¥17,917,788.69 in 2021, a turnaround from -¥36,237,194.05 in 2020, marking a 149.45% increase[73] Research and Development - The company invests over 10% of its total revenue annually in research and development, ensuring a strong technological foundation for future growth[42] - The company had a total R&D investment of ¥38,358,930.57 in 2021, which accounted for 22.11% of its operating revenue, a significant increase from 12.12% in 2020[70] - The number of R&D personnel increased to 114 in 2021, up by 12.87% from 101 in 2020, while the proportion of R&D personnel in total staff decreased to 11.13%[70] - R&D expenses rose by 21.81% to ¥38,358,930.57, driven by the expansion of the R&D team at Shanghai Qianyu[66] Market Position and Strategy - The company is positioned in the high-tech sector, providing smart financial system solutions and services, leveraging technologies such as AI and blockchain[30] - The company plans to continue expanding its product offerings and market reach in response to the evolving financial technology landscape[31] - The company aims to create a diversified and personalized internet technology securities information service platform, covering various financial products[46] - The company is actively developing digital RMB supporting devices, including card issuance and payment devices, to meet the growing demand for digital currency[47] Governance and Compliance - The company has a governance structure that complies with the requirements of the "Corporate Governance Guidelines" and relevant regulations[102] - The board of directors consists of 7 members, including 3 independent directors, ensuring compliance with legal and regulatory requirements[100] - The company has established a robust internal control system to enhance governance and operational efficiency[102] - The company emphasizes the protection of shareholder rights, ensuring compliance with laws and regulations in governance structure[148] Shareholder Relations and Dividends - The company plans to distribute a cash dividend of ¥0.10 per 10 shares to all shareholders[5] - The total cash dividend amount is 3,478,346.39 yuan, which accounts for 100% of the total profit distribution[133] - The company has a profit distribution policy that emphasizes stable returns to investors while ensuring sustainable development[131] Acquisitions and Partnerships - The company acquired 51% of Donggao (Beijing) Technology Co., Ltd. for ¥187,680,000 on December 14, 2021[62] - The company has acquired 60% of Shanghai Qianyu Information Technology Co., Ltd. and 51% of Donggao (Beijing) Technology Co., Ltd., enhancing its financial information service capabilities[42] - The company completed the acquisition of 51% of Donggao (Beijing) Technology Co., Ltd. on December 24, 2021, with the registration completed on January 5, 2022[142] Employee and Management Structure - The company has a total of 1,024 employees, with 365 in sales and 126 in technical roles[127][128] - The company has established a performance-based compensation system that links bonuses to key performance indicators (KPIs) related to business objectives and talent development[129] - The current general manager, Li Ruiming, has held various leadership roles in multiple companies, indicating extensive management experience[114] Risks and Challenges - The company is aware of industry risks, including reduced demand and regulatory compliance, and is implementing measures to mitigate these risks[93][94] - The company experienced a significant decrease in sales revenue due to reduced demand from upstream customers in the cash financial equipment sector, prompting increased investment in digital currency-related R&D[70] Future Outlook - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2023[179] - Future guidance estimates a revenue growth of 20% for 2022, aiming for a total revenue of 144 million[179]