杰美特(300868) - 2021 Q4 - 年度财报

Financial Performance - The company's revenue declined compared to the previous year due to external factors such as global chip supply issues, recurring pandemic impacts, and exchange rate fluctuations[6]. - The overall gross profit margin decreased as a result of rising raw material prices and low margins during the project adjustment period with new and existing customers[6]. - The company's operating revenue for 2021 was ¥714,993,835.44, a decrease of 16.35% compared to ¥854,708,116.32 in 2020[22]. - The net profit attributable to shareholders for 2021 was ¥26,420,159.95, down 75.16% from ¥106,370,724.08 in 2020[22]. - The net cash flow from operating activities decreased by 81.92% to ¥17,896,861.40 in 2021 from ¥99,000,055.92 in 2020[22]. - The basic earnings per share for 2021 was ¥0.2064, a decline of 79.30% compared to ¥0.9972 in 2020[22]. - The company reported a significant drop in net profit after deducting non-recurring gains and losses, with a loss of ¥7,498,107.51 in 2021 compared to a profit of ¥89,812,898.44 in 2020, marking a 108.35% decrease[22]. - The total assets at the end of 2021 increased by 8.02% to ¥2,281,416,889.00 from ¥2,112,100,042.15 at the end of 2020[22]. Strategic Initiatives - Strategic investments increased, particularly in the "R&D Center Construction Project" and "Brand Building and Marketing Network Upgrade Project," leading to significant growth in R&D, sales, and management expenses, which contributed to a decline in net profit[6]. - The company plans to implement its established strategy in 2022, focusing on expanding ODM/OEM business and strengthening its own brand as dual driving forces[6]. - The company aims to enhance customer service capabilities and strengthen its industry position, business competitiveness, and sustainable development capacity[6]. - The company plans to continue focusing on expanding its ODM/OEM business and strengthening its self-owned brand as a dual-driven strategy[41]. - The company is actively optimizing its customer structure and expanding into new markets to mitigate the impact of changes in the downstream industry landscape[40]. - The company is investing in technology R&D and brand building, which has led to increased R&D, sales, and management expenses during the reporting period[41]. Market Position and Demand - The global smartphone market shipment reached 1.355 billion units in 2021, a year-on-year increase of 5.7%[33]. - The company has established a strong market presence in the ODM/OEM sector, collaborating with major mobile terminal manufacturers and global accessory brands[34]. - The company anticipates continued growth in demand for mobile smart terminal accessories as the 5G era progresses[33]. - The company has a solid reputation and stable partnerships with high-quality clients, enhancing its competitive edge in the industry[34]. - The company achieved operating revenue of ¥714,993,835.44, with ODM/OEM business contributing ¥466,356,766.44, accounting for 65.23% of total revenue[39]. - The self-owned brand business generated revenue of ¥248,637,069.00, representing 34.77% of total revenue, an increase from 34.23% in the previous year[39]. Challenges and Risks - The company faced challenges from rising raw material prices, which affected gross margins and increased operating costs[40]. - The sales volume for the ODM/OEM business decreased by 49.45% to 40,235,658 units, primarily due to external factors such as global chip supply issues and the pandemic[53]. - The company emphasizes the uncertainty of future plans and projections, which depend on various factors including policy environment and market conditions[7]. - The company faces risks from external market changes, particularly in the global chip market, which may impact its ODM/OEM business sales in 2022[101]. - Fluctuations in raw material prices could significantly affect the company's operating costs and, consequently, its performance in 2022[101]. Research and Development - The company added 41 new patents during the reporting period, including 3 invention patents, 26 utility model patents, and 12 design patents, enhancing its competitive edge in R&D[42]. - The number of R&D personnel increased by 28.96% from 183 in 2020 to 236 in 2021, accounting for 20.39% of the total workforce[68]. - R&D investment amounted to ¥41,041,571.31 in 2021, representing 5.74% of total revenue, up from 3.78% in 2020[68]. - The company is exploring next-generation fully automated digital manufacturing technologies to enhance production capabilities[43]. Corporate Governance - The company has established a comprehensive governance structure, holding three shareholder meetings and nine board meetings during the reporting period[106]. - The board of directors consists of nine members, including three independent directors, ensuring compliance with legal and regulatory requirements[106]. - The company maintains operational independence from its controlling shareholders, ensuring a complete business system capable of independent market operations[109]. - The company has established independent personnel files and a salary management system, ensuring compliance with national regulations[110]. - The company has an independent financial department and accounting system, enabling it to make independent financial decisions[111]. Employee Management - The company emphasizes employee training and development, fostering a corporate culture aimed at mutual growth between employees and the organization[45]. - The company has established a comprehensive training program to enhance employee skills and management capabilities, including the launch of the "杰美特善熵学院" training platform in 2022[143]. - The total number of employees at the end of the reporting period was 1,094, with 256 in the parent company and 838 in major subsidiaries[140]. Environmental and Social Responsibility - The company has implemented measures to comply with environmental protection laws and regulations, ensuring it is not classified as a key pollutant discharge unit[160]. - The company actively participates in social responsibility initiatives, including educational support for impoverished children in mountainous areas[161]. Future Outlook - Jiemite has outlined its future outlook, projecting a revenue growth of 30% for 2022, aiming to reach 1.56 billion yuan[166]. - The company is considering strategic acquisitions to enhance its product offerings and market reach, with a budget of 500 million yuan earmarked for potential mergers and acquisitions[166]. - The company plans to strictly adhere to relevant laws and regulations regarding the reduction of shareholdings after the lock-up period[168].