星云股份(300648) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥810,691,623.03, representing a 41.02% increase compared to ¥574,856,965.50 in 2020[20]. - The net profit attributable to shareholders for 2021 was ¥76,045,638.81, a 33.42% increase from ¥56,996,371.08 in 2020[20]. - The net profit after deducting non-recurring gains and losses was ¥61,875,716.29, up 23.59% from ¥50,063,648.88 in 2020[20]. - The total assets at the end of 2021 reached ¥1,991,462,260.63, a 64.17% increase from ¥1,213,039,749.96 at the end of 2020[20]. - The basic earnings per share for 2021 was ¥0.5182, reflecting a 23.12% increase from ¥0.4209 in 2020[20]. - The company achieved a revenue of 810.69 million yuan in 2021, representing a year-on-year increase of 41.02%[52]. - The net profit attributable to shareholders was 76.05 million yuan, up 33.42% year-on-year[52]. - Research and development investment reached 138.42 million yuan, an increase of 68.86% compared to the previous year[52]. Risk Management - The company faces risks including macroeconomic fluctuations, bad debts from accounts receivable, tax policy changes, raw material cost volatility, market competition, and impacts from the COVID-19 pandemic[5]. - The company has a comprehensive risk management strategy to address potential challenges in its future development[5]. - The company has obtained a new high-tech enterprise certificate, allowing it to enjoy a reduced corporate income tax rate of 15% during the three-year validity period[128]. - The company faces risks from raw material cost fluctuations, particularly in aluminum, copper, and chips, which have seen significant price increases due to international conditions and the pandemic[128]. Research and Development - The company invested 13,841.77 million CNY in R&D, accounting for 17.07% of its 2021 revenue, with both investment amount and proportion increasing from 2020[38]. - The company has achieved significant advancements in lithium battery detection technology, replacing imported equipment from countries like the US, Japan, and South Korea[34]. - The company has obtained 19 new invention patents, 39 utility model patents, and 14 design patents in 2021, enhancing its intellectual property portfolio[38]. - The company has a total of 35 invention patents, 136 utility model patents, 45 design patents, and 56 software copyrights as of the end of the reporting period, indicating strong R&D capabilities[46]. - The company has established a comprehensive R&D network, including 1 laboratory and 4 research centers, enhancing its innovation capabilities[48]. - The company completed several key R&D projects, including the development of a new lithium battery protection board and an AI energy router, aimed at enhancing product competitiveness[85]. Corporate Governance - The company has established a complete and independent operational system, ensuring no reliance on the controlling shareholder for business activities[137]. - The company has a governance structure comprising a shareholders' meeting, board of directors, supervisory board, and management team, ensuring clear responsibilities and checks and balances[133]. - The company maintains independence from its controlling shareholder, with no instances of fund occupation or competition reported during the period[134]. - The company has implemented an internal audit system to oversee the effectiveness of internal controls and risk management[136]. - The company actively engages with investors through various channels, including online meetings and direct communication, to enhance transparency[136]. - The company has established specialized committees under the board, including strategy, audit, nomination, and remuneration committees, to support informed decision-making[134]. Market Position and Strategy - The company is positioned in the midstream of the lithium-ion battery industry chain, focusing on equipment sales, testing services, and charging operation services[30]. - The demand for power lithium batteries is expected to grow rapidly, with global shipments projected to exceed 1.55 TWh by 2025, entering the TWh era[31]. - The company has experienced significant growth in the electric vehicle market, with a reported 160% increase in production and sales of new energy vehicles in 2021[31]. - The company is actively developing charging piles and operation management platforms in response to national infrastructure initiatives, promoting integrated energy storage and charging station products[43]. - The global trend towards electrification is gaining momentum, with significant growth in the European and American markets for new energy vehicles[45]. Shareholder Engagement and Dividends - The company reported a profit distribution plan to distribute a cash dividend of 0.55 RMB per 10 shares (including tax) to all shareholders, based on a total of 147,783,896 shares[5]. - The cash dividend distribution plan has been approved by the board and is in compliance with the company's articles of association and relevant regulations[178]. - The cash dividend distribution accounted for 100% of the total distributable profit, amounting to RMB 264,125,453.30[177]. - The company has not made any adjustments to its cash dividend policy during the reporting period[177]. Employee and Management Structure - The total number of employees at the end of the reporting period was 1,862, with 1,655 in the parent company and 207 in major subsidiaries[170]. - The employee composition includes 814 production personnel, 310 sales personnel, 587 technical personnel, 19 financial personnel, and 132 administrative personnel[170]. - The company has established a competitive employee compensation system based on market principles, linking performance pay to company performance and individual responsibilities[172]. - The company has a total of 11 retired employees who require financial support[170]. - The company has maintained a stable workforce with all 1,862 employees receiving compensation during the reporting period[170]. Financial Health and Cash Flow - The company reported a negative net cash flow from operating activities of ¥28,041,366.05 in 2021, a decline of 148.42% compared to a positive cash flow of ¥57,910,890.28 in 2020[20]. - The company has maintained a consistent 100% collection rate across various product lines, indicating strong financial health[65][66]. - The company reported a collection rate of 100% for accounts receivable from major clients, indicating strong cash flow management[69]. - The company reported accounts receivable of 303.94 million yuan at the end of 2021, which accounted for 23.23% of current assets, indicating potential cash flow pressure[127]. Compliance and Regulatory Matters - The company has not encountered any significant internal control deficiencies during the reporting period[183]. - The company is committed to transparency and will publicly disclose any reasons for not fulfilling commitments during shareholder meetings[197]. - The company guarantees to strictly fulfill the commitments disclosed in the prospectus, including compensation for investors in case of false statements or omissions[199]. - The company is actively cooperating with regulatory bodies to ensure compliance with all relevant laws and regulations[197].