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 and public health events, impacting key 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 ¥28,216,275.29, down 73.47% 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 ¥0.2204, a decline of 77.90% 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 ¥5,701,992.17 in 2021 compared to a profit of ¥89,812,898.44 in 2020, marking a 106.35% decrease [22]. - In Q4 2021, the operating revenue was ¥216,782,721.62, with a net profit attributable to shareholders of -¥7,688,482.89 [25]. - The total operating revenue for 2021 was ¥714,993,835.44, a decrease of 16.35% compared to ¥854,708,116.32 in 2020 [48]. - The ODM/OEM business generated ¥466,356,766.44, accounting for 65.23% of total revenue, down 16.93% from the previous year [49]. - The self-owned brand business contributed ¥248,637,069.00, representing 34.77% of total revenue, with a decline of 14.61% year-on-year [49]. - Domestic sales amounted to ¥269,050,420.86, which is 37.63% of total revenue, reflecting a decrease of 19.30% compared to the previous year [51]. - Export sales were ¥445,943,414.58, making up 62.37% of total revenue, down 14.12% from ¥520,647,088.94 in 2020 [51]. Cost and Profitability - Raw material prices increased, leading to a decrease in overall gross profit, with some new and existing projects in the initial phase resulting in lower margins [6]. - The company faced challenges from rising raw material costs, which affected gross margins and overall profitability [40]. - The gross profit margin for the self-owned brand business improved to 56.51%, an increase of 4.63% year-on-year [50]. - The sales volume for ODM/OEM business decreased by 49.45% to 40,235,658 units, primarily due to external factors such as global chip supply issues [52]. Strategic Initiatives - Strategic investments in R&D center construction and brand marketing network upgrades have significantly increased R&D, sales, and management expenses, contributing to a decline in net profit [6]. - The company plans to implement a dual-driven strategy focusing on expanding ODM/OEM business and strengthening its own brand in 2022 [6]. - The company aims for rapid performance growth by establishing a scientific talent development system and effective incentive policies [6]. - The company is actively optimizing its customer structure and increasing investment in its self-owned brand to adapt to changes in the downstream industry landscape [40]. - The company is implementing a "Technology R&D Center Construction Project" to enhance its design and R&D capabilities, exploring next-generation automated production technologies [43]. - The company plans to continue focusing on expanding its ODM/OEM business and strengthening its self-owned brand as a dual-driven strategy [41]. 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 [66]. - R&D investment amounted to ¥41,041,571.31 in 2021, representing 5.74% of total revenue, up from 3.78% in 2020 [66]. - The company is focusing on expanding its R&D capabilities and product offerings to meet diverse consumer needs and improve market competitiveness [66]. Market Position and Growth - The global smartphone market shipment in 2021 reached 1.355 billion units, a year-on-year increase of 5.7% [33]. - The company has established a strong market position in the ODM/OEM sector, benefiting from partnerships 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 expanded its self-owned brand sales channels in overseas markets, reinforcing its competitive advantage [44]. Financial Management and Governance - No cash dividends or stock bonuses will be distributed to shareholders for the year [8]. - The company emphasizes the uncertainty of future plans and the need for investors to recognize associated risks [7]. - The company has established a scientific talent development strategy and effective incentive policies to enhance organizational transformation [97]. - The company has conducted multiple shareholder meetings to ensure compliance with governance regulations and facilitate shareholder engagement [103]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations, ensuring a complete business system [106]. - The company has established a complete governance structure with a shareholders' meeting, board of directors, and supervisory board, all operating independently [108]. Risks and Challenges - The company faces risks from external market changes, particularly in the global chip market, which may impact ODM/OEM business sales and 2022 performance [98]. - Fluctuations in raw material prices could significantly affect the company's operating costs and 2022 performance, prompting improvements in supplier management [98]. - The company is exposed to exchange rate risks due to its export business primarily settled in USD, and it plans to strengthen analysis and engage in foreign exchange hedging [98]. Employee and Corporate Culture - The company has established a comprehensive training system to enhance employee skills and foster a positive corporate culture [45]. - The company implemented a comprehensive training plan to enhance employee skills and management capabilities, including specialized training for core and middle management [140]. - 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 [137]. Environmental and Social Responsibility - The company has implemented measures to adhere to environmental protection laws and promote green production practices [158]. - The company has engaged in charitable activities to support education for impoverished children in mountainous areas [159].