Financial Performance - The company's operating revenue for 2021 was ¥934,822,165.69, representing an increase of 8.25% compared to ¥863,584,835.26 in 2020[19]. - The net profit attributable to shareholders for 2021 was ¥106,137,887.69, a growth of 13.56% from ¥93,461,086.10 in 2020[19]. - Total assets at the end of 2021 reached ¥1,786,297,750.89, marking a 17.75% increase from ¥1,516,984,769.25 at the end of 2020[19]. - The net assets attributable to shareholders increased by 42.55% to ¥942,311,818.08 from ¥661,061,131.40 in 2020[19]. - Total revenue for 2021 reached ¥934,822,165.69, representing an 8.25% increase compared to ¥863,584,835.26 in 2020[65]. - The company reported a significant increase in revenue for the year 2021, with total revenue reaching 1.2 billion RMB, representing a growth of 15% compared to the previous year[143]. - The company achieved a net profit of RMB 300 million in 2021, which is a 20% increase compared to the previous year[156]. Cash Flow and Investments - The net cash flow from operating activities decreased significantly by 63.23% to ¥85,261,450.34 from ¥231,883,635.77 in 2020[19]. - Total cash inflow from financing activities surged by 3,407.19% to ¥198,024,905.65 in 2021, compared to ¥5,646,258.30 in 2020[81]. - The net increase in cash and cash equivalents reached ¥170,303,252.80 in 2021, a significant increase of 463.11% from ¥30,243,398.68 in 2020[81]. - Cash outflow from investment activities decreased by 59.00% to ¥90,618,746.47 in 2021, compared to ¥221,038,073.54 in 2020[81]. - The company raised a total of RMB 220,440,000.00 from the issuance of 33 million shares at RMB 6.68 per share, with a net amount of RMB 174,793,460.51 after deducting related expenses[95]. - The total amount of committed investment for the headquarters construction project is RMB 17,479.35 million, with 31.35% of the investment completed by June 30, 2023[98]. Dividends and Profit Distribution - The company plans to distribute a cash dividend of 3.22 RMB per 10 shares (including tax) based on a total of 132,000,000 shares, with no bonus shares issued[5]. - The total distributable profit for the year is 287,238,155.72 CNY, with the cash dividend representing 100% of the profit distribution[194]. - The company prioritizes cash dividends, with a minimum of 10% of the distributable profit to be allocated for cash dividends if conditions are met[192]. - The cash dividend distribution plan aligns with the company's articles of association and dividend management policies[193]. Market Strategy and Expansion - The company plans to focus on expanding its market presence in Guangdong province, leveraging its resources and service advantages[29]. - The company aims to deepen its market presence in Shenzhen, aligning with the increasing investment in water management outlined in Shenzhen's 14th Five-Year Plan, which will enhance business growth potential[31]. - The company is enhancing its market share through the establishment of branch offices, focusing on the Greater Bay Area and expanding nationwide[32]. - The company is expanding its project operation and water technology services, focusing on new consulting businesses and integrated service capabilities[115]. - The company is exploring potential mergers and acquisitions to enhance its service offerings and operational capabilities[156]. Research and Development - The company has invested 200 million RMB in research and development for innovative water treatment technologies, aiming for a 30% improvement in efficiency[144]. - The company plans to invest RMB 200 million in new technology development for water management systems in the next fiscal year[156]. - Research and development expenses were ¥40,045,535.32, showing a slight increase of 0.24% from the previous year[75]. - The number of R&D personnel increased to 115 in 2021, up by 6.48% from 108 in 2020[79]. - The company is currently developing a water ecological intelligence perception network and other key technologies to improve service competitiveness[78]. Corporate Governance - The company emphasizes the importance of shareholder interests while ensuring sustainable development and normal operations[190]. - The company maintains independence from its controlling shareholders in terms of assets, personnel, finance, and operations, ensuring a complete business system[133]. - The company has established specialized committees within its board to enhance governance and decision-making processes[137]. - The company has no significant discrepancies with regulatory requirements regarding corporate governance practices[132]. - The company has established an independent financial department and accounting system, with no shared bank accounts with controlling shareholders[136]. Employee and Management Structure - The total number of employees at the end of the reporting period was 1,310, with 1,109 in the parent company and 201 in major subsidiaries[183]. - The professional composition includes 1,033 production personnel, 32 sales personnel, 115 technical personnel, 41 financial personnel, and 89 administrative personnel[183]. - Employee turnover remains low at 5%, indicating strong retention and satisfaction within the workforce[146]. - The company has implemented a comprehensive salary policy, ensuring compliance with regulations for social security and pension contributions[185]. - The company has established a performance assessment system for senior management based on annual operational performance[172]. Risk Management - The company faces market risks related to fluctuations in water infrastructure investment policies and regional market concentration[117]. - The company has established mechanisms to manage accounts receivable, but faces financial risks if clients experience funding issues[120]. - The company is committed to improving its quality, environmental, and occupational health safety management systems to mitigate operational risks[121].
深水规院(301038) - 2021 Q4 - 年度财报