宝丽迪(300905) - 2021 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2021 was ¥772,426,330.87, representing a 15.07% increase compared to ¥671,281,713.76 in 2020[5]. - The net profit attributable to shareholders for 2021 was ¥103,251,884.67, a decrease of 1.09% from ¥104,391,622.97 in 2020[5]. - The net cash flow from operating activities increased by 118.33% to ¥134,187,875.69 in 2021, compared to ¥61,460,673.10 in 2020[5]. - The total assets at the end of 2021 were ¥1,427,039,642.32, reflecting a 5.31% increase from ¥1,355,129,036.70 at the end of 2020[5]. - The company reported a basic earnings per share of ¥0.72 for 2021, down 21.74% from ¥0.92 in 2020[5]. - The weighted average return on equity for 2021 was 8.13%, a decrease of 11.05% from 19.18% in 2020[5]. - The company's total operating revenue for 2021 was 772.43 million yuan, representing a year-on-year growth of 15.07%[46]. - The net profit for the year was 103 million yuan, remaining stable compared to the previous year, primarily due to significant increases in raw material prices[46]. Investment and R&D - The company invested 21.65 million yuan in R&D in 2021, marking a 28.43% increase from the previous year[47]. - Research and development expenses increased by 28.43% to ¥21,645,084.41, reflecting the company's commitment to enhancing R&D efforts[61]. - The company is currently developing high-performance functional fibers and masterbatches, with a projected R&D cycle from January 2020 to January 2024[66]. - The company is focusing on the development of new polyester functional materials, with ongoing projects aimed at enhancing product performance and meeting customer needs[66]. - The company has expanded its market into non-fiber fields, successfully developing color masterbatch products for PE films, PET films, and automotive injection parts[31]. - The company is committed to increasing R&D investment to explore new markets and continuously deepen its engagement in the masterbatch industry and related fields[31]. Production and Capacity - The company is expanding its production capacity, which requires effective market development to avoid risks associated with underutilization of new capacity[8]. - The company maintained a leading position in the domestic market with an annual production capacity of 53,700 tons of fiber masterbatch[28]. - The company has two production bases located in Suzhou and Siyang, focusing on the research and development of fiber masterbatch technology[28]. - The company has implemented an intelligent integrated production process, significantly improving production efficiency and process stability[40]. - The company maintains a production model based on sales orders, ensuring that production aligns with customer demand[34]. Market and Competition - The company operates in a competitive environment, necessitating ongoing investment in research and development to sustain growth[5]. - The company has been recognized as the leader in the fiber masterbatch industry in China, with a significant market share[28]. - The company has established strong relationships with key suppliers to ensure the stability and quality of raw material supplies[36]. - The company has established a strong customer base, with stable relationships with major domestic fiber manufacturers, leading to procurement inertia[43]. Risk Management - The company faces risks related to core technology leakage, which could impact its operational stability[6]. - Fluctuations in raw material prices significantly affect the company's operating results, as raw material costs constitute a high proportion of the main business costs[7]. - The company is committed to addressing risks associated with future plans and projections, urging investors to recognize the differences between plans, forecasts, and commitments[5]. Governance and Management - The company has established a governance structure consisting of the shareholders' meeting, board of directors, and supervisory board to protect the rights of shareholders and creditors[168]. - The board of directors consists of 7 members, including 3 independent directors, complying with legal and regulatory requirements[104]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations[110]. - The company has established a performance evaluation system for senior management, focusing on annual performance, job responsibilities, and innovation[106]. - The company has a diverse management team with extensive experience in various sectors, including finance and engineering[132]. Employee Relations - The total number of employees at the end of the reporting period was 408, with 246 in the parent company and 162 in major subsidiaries[149]. - The company emphasizes a salary policy that reflects job value and individual contributions, encouraging long-term service and shared growth[150]. - The company has established a comprehensive training system to enhance employee skills and support personal and organizational growth[153]. - The company has not engaged in any labor outsourcing during the reporting period[154]. Environmental and Social Responsibility - The company strictly adheres to environmental protection laws and has not faced any penalties for violations during the reporting period[165]. - The company has received various environmental certifications, including ISO14000 and ISO18000, demonstrating its commitment to environmental management[169]. - The company has actively participated in social responsibility initiatives, including providing financial support to impoverished students in Guizhou Province[170]. - The company has engaged in community service and charitable activities, including donations during the pandemic and organizing blood donation events[169]. Financial Management - The company has established a profit distribution policy to ensure stable and continuous returns for investors, enhancing future return capabilities[183]. - The company has committed to measures to mitigate the dilution of immediate returns for shareholders, including the timely implementation of fundraising investment projects[181]. - The company has no non-operating fund occupation by controlling shareholders or related parties during the reporting period[185]. - The company has appointed Lixin Certified Public Accountants as its auditor, with an audit fee of 600,000 CNY for the year and a continuous service period of 4 years[8].