Hualan (SZ:301027)2022-04-25 16:00Financial Performance - The company's operating revenue for 2021 was CNY 1,154,832,938.93, representing a 5.79% increase compared to CNY 1,091,632,151.62 in 2020[17]. - The net profit attributable to shareholders for 2021 was CNY 127,546,790.25, up 5.04% from CNY 121,432,572.63 in the previous year[17]. - The net profit after deducting non-recurring gains and losses was CNY 121,767,532.30, reflecting a 9.34% increase from CNY 111,369,534.96 in 2020[17]. - The company's total assets increased by 41.38% to CNY 1,791,927,957.23 at the end of 2021, compared to CNY 1,267,422,979.81 at the end of 2020[17]. - The net assets attributable to shareholders rose by 117.54% to CNY 919,831,482.87 at the end of 2021, up from CNY 422,836,327.66 in 2020[17]. - The basic earnings per share for 2021 was CNY 1.02, a decrease of 7.27% from CNY 1.10 in 2020[17]. - The weighted average return on equity was 20.41% in 2021, down from 33.53% in the previous year, indicating a decline of 13.12%[17]. - The net cash flow from operating activities was negative CNY 44,592,225.08, a significant decrease of 134.93% compared to CNY 127,676,811.75 in 2020[17]. Revenue Breakdown - The company's total revenue for Q4 was approximately 433.27 million, showing a significant increase compared to previous quarters[19]. - The net profit attributable to shareholders for Q4 reached approximately 47.34 million, marking a substantial rise from Q1's 23.91 million[19]. - The design business generated revenue of 868.64 million yuan, an increase of 2.88% compared to the previous year[45]. - The EPC (Engineering, Procurement, and Construction) business saw significant growth, with revenue reaching 68.57 million yuan, a remarkable increase of 45.86% year-on-year[45]. - Revenue from engineering design business reached approximately 869 million CNY, a year-on-year growth of 2.88%[64]. - The land space planning revenue was about 137 million CNY, increasing by 6.77% year-on-year[64]. - Engineering general contracting revenue was approximately 68.57 million CNY, showing a significant year-on-year growth of 45.86%[65]. - Consulting service revenue amounted to around 49.46 million CNY, reflecting a year-on-year increase of 12.32%[65]. Market Expansion and Strategy - The company plans to distribute a cash dividend of CNY 1.61 per 10 shares to all shareholders, based on a total of 147,000,000 shares[4]. - The company signed new contracts worth 167.26 million yuan in rural revitalization and 57.68 million yuan in urban renewal during the reporting period[48]. - The company expanded its market presence, signing contracts exceeding 10 million yuan in regions outside Guangxi, achieving a net contract amount of 168.79 million yuan, which represents a 28% increase year-on-year[46]. - The company is actively pursuing digital transformation in construction, promoting digital collaborative design and prefabricated buildings as part of its strategic initiatives[36]. - The company aims to enhance its influence in the industry through the integration of new technologies and business models, including BIM and EPC[91]. - The company plans to deepen its market presence in Guangxi and expand into national markets, focusing on integrated marketing strategies[126]. Research and Development - The company undertook over 90 research projects at various levels, winning 4 awards for technology in landscape architecture and 4 awards for outstanding social achievements in Guangxi[50]. - The company established 11 technology centers focusing on various fields, including BIM technology and sponge city technology, to enhance innovation and research capabilities[51]. - R&D investment amounted to ¥46,328,996.46 in 2021, representing 4.01% of total revenue, an increase from 3.74% in 2020[92]. - The number of R&D personnel increased by 18.03% to 432 in 2021, with the proportion of R&D staff rising to 13.76%[92]. - The company has received 21 patents and 16 software copyrights during the year, with a 92% increase in authorized patents compared to the previous year[67]. Human Resources - As of December 31, 2021, the company had 2,842 technical professionals, with 1,409 holding intermediate or senior titles, and 83.3% of employees holding at least a bachelor's degree[53]. - The company introduced 420 new talents, including 73 with senior titles, significantly enhancing its human resource capabilities[52]. - The company has 433 employees with a master's degree or higher, and 2,615 employees with a college degree or equivalent[193]. - The company has implemented a comprehensive training system to enhance employee skills and management levels[195]. - The training initiatives include various specialized programs aimed at different employee levels to foster talent development[195]. Corporate Governance - The company maintains a transparent information disclosure process, ensuring all shareholders have equal access to company information[149]. - The company has established an internal audit department to oversee daily operations and ensure compliance with internal control systems[150]. - The company operates independently from the actual controller, with no significant adverse impacts from competitive transactions or unfair related party transactions[158]. - The company’s board of directors includes members with extensive professional backgrounds, ensuring strong governance and oversight[164]. - The company has a comprehensive remuneration system based on industry standards and company performance[181]. Future Outlook - The company has outlined potential risks and countermeasures in its future development outlook, emphasizing the importance of investor awareness regarding investment risks[4]. - The company aims to balance reasonable returns for shareholders with long-term development goals[199]. - The company plans to continue using the remaining raised funds according to the project funding usage plan[116]. - The company is committed to fulfilling its social responsibilities and enhancing brand value through quality service and employment opportunities[132].