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 slight decrease of 1.09% from ¥104,391,622.97 in 2020[5]. - The basic earnings per share for 2021 were ¥0.72, a decrease of 21.74% from ¥0.92 in 2020[5]. - The company's 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[45]. - The total operating revenue for 2021 was 772.43 million yuan, representing a year-on-year growth of 15.07%[51]. - 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 maintained a weighted average return on equity of 8.13% in 2021, down from 19.18% in 2020[5]. - The company's monetary funds decreased by 48.11% from the beginning of the year to the end of 2021, primarily due to expenditures on fundraising projects and the purchase of bank financial products[68]. Profit Distribution - The company reported a profit distribution plan of 4.00 CNY per 10 shares (including tax) for a total of 144,000,000 shares[9]. - The cash dividend accounted for 24.19% of the total distributable profit of 238,151,154.37 RMB[144]. - The company plans to distribute cash dividends based on a total share capital of 144,000,000 shares[146]. - The company's profit distribution policy aligns with its articles of association, ensuring a minimum cash dividend ratio of 20% during growth phases[145]. Research and Development - The company has a strong focus on R&D, holding multiple core technologies and patents essential for stable growth[6]. - Research and development investment reached 21.65 million yuan in 2021, marking a 28.43% increase year-on-year[46]. - The number of R&D personnel rose to 56 in 2021, a 33.33% increase from 42 in 2020, with a notable increase in the proportion of personnel holding master's degrees[61]. - The company is actively developing high-performance functional fibers and masterbatches, with a projected R&D cycle from 2020 to 2024[60]. - The company plans to expand its product offerings in non-fiber applications, focusing on colored masterbatches for artificial turf and automotive interior components, with an R&D cycle from 2021 to 2023[60]. - The company is focusing on functional modification of PET materials, with a projected R&D cycle from 2021 to 2023, to meet diverse customer needs[60]. Market Expansion - The company is expanding its production capacity, which requires effective market development to avoid risks associated with underutilization of new capacity[8]. - The company is actively expanding into non-fiber markets, successfully developing color masterbatches for applications in PE films, PET films, and automotive injection parts[30]. - The company is focusing on expanding its market presence through innovative product development and strategic partnerships[59]. - The company is focusing on expanding its market presence in the central and western regions of China, using its base in Jiujiang, Jiangxi[88]. - The Turkish subsidiary is expected to drive international business expansion into the Middle East and Europe[88]. Operational Efficiency - The company utilizes an intelligent integrated production process, enhancing production efficiency and stability[39]. - The company has established a complete marketing management system, primarily using a direct supply model to end users, supplemented by a trading model[34]. - The company has built strong relationships with key suppliers to ensure the stability and quality of raw material supplies[35]. - The company has successfully developed a series of liquid color masterbatches, including black, super black, and colored products, accumulating stable sales and customer relationships[30]. Governance and Compliance - The company has established a governance structure consisting of the shareholders' meeting, board of directors, and supervisory board, ensuring compliance with relevant laws and regulations[93]. - The board of directors consists of 7 members, including 3 independent directors, meeting legal requirements for composition[96]. - The company has a well-established performance evaluation system for senior management, focusing on annual performance, job performance, and value creation[98]. - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations, ensuring independent market operations[102]. - The company has established an independent financial accounting system and does not share bank accounts with its controlling shareholder[105]. Environmental Sustainability - The company has a strong focus on environmental sustainability through the use of original liquid coloring technology, which reduces energy consumption and waste emissions[28]. - The company has implemented various environmental protection measures and achieved certifications such as ISO14000 and ISO18000, demonstrating commitment to sustainable development[158]. - The company actively promotes the market for liquid-dyed products, which significantly reduces water and energy consumption[155]. - The company complied with government electricity restrictions and implemented measures to reduce carbon emissions during the reporting period[154]. Employee Relations - The company emphasizes employee training and development, providing various in-service training opportunities[143]. - The company has established a comprehensive training system to enhance employee capabilities and support business growth[143]. - 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[139]. - The company conducts regular health check-ups for employees and provides various benefits to enhance employee satisfaction and well-being[157]. Risk Management - The company faces risks related to core technology leakage, which could impact operational stability and growth[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 has not experienced any significant changes in its business, products, or services during the reporting period[56]. - The company has not engaged in any major asset disputes or significant debt risks that could impact its ongoing operations[109]. Investor Relations - The company has actively communicated with investors and conducted various research activities to discuss industry conditions and future development plans[90]. - The annual shareholders meeting had a participation rate of 73.43% on April 29, 2021[111]. - The first extraordinary shareholders meeting had a participation rate of 68.32% on June 9, 2021[111]. - The company will ensure that any stock repurchase plan is approved by the shareholders' meeting within 12 months of the announcement[164].