新雷能(300593) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥1,477,721,417.91, representing a 75.37% increase compared to ¥842,624,313.17 in 2020 [27]. - The net profit attributable to shareholders for 2021 was ¥273,687,756.85, a significant increase of 122.02% from ¥123,269,165.91 in 2020 [27]. - The net profit after deducting non-recurring gains and losses was ¥271,481,440.24, up 152.14% from ¥107,669,014.98 in 2020 [27]. - The company's total assets at the end of 2021 were ¥2,569,211,025.81, a 53.99% increase from ¥1,668,432,949.37 at the end of 2020 [27]. - The basic earnings per share for 2021 was ¥1.03, an increase of 83.93% compared to ¥0.56 in 2020 [27]. - In 2021, the company achieved operating revenue of 1,477.72 million yuan, a year-on-year increase of 75.37%, and a net profit attributable to the parent company of 273.69 million yuan, up 122.02% year-on-year [63]. - The total operating revenue for 2021 reached ¥1,477,721,417.91, representing a 75.37% increase compared to ¥842,624,313.17 in 2020 [74]. - Revenue from the aerospace, aerospace, and shipbuilding sectors accounted for 59.52% of total revenue, amounting to ¥879,578,827.69, a 62.31% increase year-on-year [74]. - The communication and network sector saw a significant revenue increase of 133.12%, totaling ¥543,469,258.12, up from ¥233,130,089.85 in 2020 [74]. - Domestic sales contributed 74.26% of total revenue, amounting to ¥1,097,393,725.28, while international sales surged by 447.33% to ¥380,327,692.63 [74]. Cash Flow and Investments - The company reported a net cash flow from operating activities of -¥65,084,916.99 in 2021, a decrease of 497.25% from ¥16,383,739.79 in 2020 [27]. - Total cash inflow from operating activities increased by 57.67% to ¥1,096,022,126.03 in 2021 [101]. - Cash and cash equivalents increased by 355.62% to ¥110,612,462.96 in 2021 from -¥43,272,859.38 in 2020 [101]. - The net cash flow from financing activities surged by 831.28% to ¥268,017,501.55 in 2021, primarily due to increased working capital loan demands [101]. - Total investment during the reporting period was ¥99,266,249.16, an increase of 81.19% from ¥54,786,936.19 in the previous year [112]. Research and Development - The company maintains a high level of R&D investment, with over 700 R&D personnel, ensuring a strong foundation for product innovation and market expansion [62]. - Research and development expenses increased by 63.19% to ¥200,579,048.89, driven by rapid business growth and increased employee compensation [89]. - R&D investment amounted to ¥218,263,899.91 in 2021, a 56.93% increase from ¥139,046,891.75 in 2020 [96]. - The number of R&D personnel increased by 21.26% to 730, with a notable rise in the number of employees holding bachelor's and master's degrees [95]. - The company is currently developing a high-reliability multi-output motor drive integrated circuit power supply, which is expected to expand its product range and market share [94]. Market Position and Strategy - The company is positioned to benefit from the growth in the aerospace and 5G technology sectors, which are expected to drive demand for power supply products [40][41]. - The aerospace market in China is projected to grow from ¥376.4 billion in 2015 to ¥1,020.2 billion in 2020, with a compound annual growth rate of 22.09% [40]. - The global 5G base station market is expected to grow from $69.2 billion in 2018 to $109.4 billion by 2024, indicating a strong demand for power supply solutions [41]. - The company has established itself as a key supplier in specialized fields such as aerospace, aviation, and marine applications, recognized for its capabilities in power supply development and production [42]. - The company is focusing on new product development in response to market trends and specific customer needs, ensuring sustainable growth [52]. - The company plans to continue expanding its market presence and product offerings, particularly in the 5G communication sector, to meet increasing demand [80]. Customer and Supplier Relationships - The total sales amount from the top five customers reached ¥826,958,099.79, accounting for 55.96% of the annual total sales [85]. - The largest customer contributed ¥193,276,357.43, representing 13.08% of the annual sales [88]. - The total procurement amount from the top five suppliers was ¥214,101,232.09, which is 22.46% of the annual total procurement [88]. - The company’s export business accounted for 25.74% of total revenue in 2021, highlighting its reliance on international markets [142]. Governance and Management - The governance structure of the company has been continuously improved, with a strong internal control system and independent operations from its controlling shareholder [179]. - The company has established a layered governance structure, enhancing its corporate governance level and ensuring compliance with relevant laws and regulations [177]. - The board of directors consists of 9 members, including 4 independent directors, and held 10 meetings during the reporting period [180]. - The supervisory board has 3 members, including 1 employee supervisor, and also held 10 meetings during the reporting period [183]. - The company maintains complete independence in assets, personnel, finance, institutions, and business from the controlling shareholder [184]. Future Outlook - The company plans to raise up to 1.58 billion yuan through a private placement to fund various projects, including special power supply expansion and 5G communication power supply expansion [145]. - In 2022, the company aims to increase R&D investment and market expansion efforts to maintain its leading position in existing products while developing new product categories [126]. - The company is accelerating capacity construction to meet the growing order demand in aerospace, aviation, communication, shipping, and laser power applications [128]. - The company plans to add approximately 6,000 square meters of production space focused on 5G communication and server power automation lines [130]. - The company is committed to enhancing its talent development and recruitment mechanisms to support its strategic planning needs [132].