Financial Performance - The company's operating revenue for 2021 was CNY 467,129,176.10, representing a year-on-year increase of 27.32% compared to CNY 366,896,926.99 in 2020[19]. - The net profit attributable to shareholders for 2021 was CNY 55,657,076.39, a slight increase of 2.19% from CNY 54,462,271.53 in 2020[19]. - The net cash flow from operating activities was negative at CNY -33,654,600.68, a decrease of 136.06% compared to CNY 93,325,631.64 in 2020[19]. - The total assets at the end of 2021 reached CNY 1,008,213,719.67, marking a significant increase of 125.96% from CNY 446,182,779.10 at the end of 2020[19]. - The net assets attributable to shareholders increased to CNY 818,790,589.03, up 223.67% from CNY 252,972,412.09 in 2020[19]. - The basic earnings per share for 2021 was CNY 1.53, a decrease of 0.65% from CNY 1.54 in 2020[19]. - The company reported a total of CNY 3,708,588.12 in non-recurring gains and losses for 2021, compared to CNY 3,467,851.62 in 2020[26]. - The overall operating cost increased by 36.61% to CNY 349,471,575.52, influenced by rising procurement costs from upstream suppliers[65]. - The gross profit margin decreased to 30.38%, down 7.35 percentage points year-on-year, due to increased operating costs[65]. Dividend and Capital Plans - The company plans to distribute a cash dividend of 4.00 RMB per 10 shares to all shareholders, based on a total of 47,112,000 shares[5]. - The company has proposed a capital reserve conversion plan, offering 4 additional shares for every 10 shares held[5]. Market and Industry Focus - The company is focused on expanding its market presence and enhancing its product offerings through new technologies[15]. - The company operates in various sectors, including smart city solutions, smart governance, and smart healthcare[14]. - The company is committed to integrating advanced technologies such as IoT, big data, and AI into its services[14]. - The company anticipates continued growth in the digital economy, with a target for the core digital economy industry to account for 10% of GDP by 2025[30]. - The smart governance market is expected to grow continuously due to the rapid development of new information technologies and increasing demand for government services[34]. Research and Development - The company emphasizes independent research and development while also collaborating with specialized units to enhance efficiency[50]. - Research and development expenses amounted to CNY 17,501,476.13, reflecting an increase of 8.76% year-on-year, indicating a commitment to innovation[65]. - The number of R&D personnel increased to 58 in 2021, a rise of 9.43% from 53 in 2020[118]. - R&D investment amounted to ¥17,501,476.13 in 2021, representing 3.75% of operating revenue, down from 4.39% in 2020[118]. Governance and Management - The company’s governance structure includes a board of directors and a supervisory board to ensure compliance and accountability[4]. - The company has established a performance evaluation and incentive mechanism for senior management, combining base salary with annual performance assessments[169]. - The company ensures transparency in information disclosure, utilizing multiple platforms to provide equal access to information for all shareholders[170]. - The company maintains independence in assets, personnel, finance, organization, and business from its controlling shareholders and actual controllers, ensuring a complete business system and independent operational capability[173]. Strategic Initiatives - The company aims to become a leading provider of smart city solutions in China, focusing on software and information technology services[149]. - The company plans to leverage opportunities in "digital government" and "smart governance" over the next three years, targeting improvements in government operations and decision-making through advanced technologies[149]. - The company is committed to modernizing social governance and improving service precision through technology integration[98]. Cash Flow and Financial Management - Operating cash inflow totaled ¥459,283,874.58 in 2021, reflecting a 10.13% increase from ¥417,048,118.61 in 2020[120]. - Operating cash outflow surged by 52.27% to ¥492,938,475.26 in 2021, primarily due to increased procurement payments[121]. - Cash and cash equivalents increased significantly by 625.93% to ¥475,385,192.62 in 2021, compared to ¥65,486,645.95 in 2020[121]. - The company raised a total of 573,117,480.00 CNY from the public offering of 11,778,000 shares at a price of 48.66 CNY per share, with a net amount of 510,260,652.00 CNY after expenses[137]. Community and Public Services - The community public service comprehensive information platform aims to improve service efficiency and management capabilities, addressing long-standing issues of information sharing and administrative costs in community governance[104]. - The digital rural management project is focused on enhancing rural governance levels through the application of digital technologies, contributing to the strategic direction of rural revitalization[104]. - The company is developing a digital rural governance system to enhance rural management and promote agricultural growth[106]. Technology Integration - The company is leveraging artificial intelligence technologies, including facial recognition and voice interaction, to upgrade traditional administrative service self-service terminals, improving efficiency and user experience[86]. - The integration of IoT technology in environmental monitoring is being pursued to establish a comprehensive ecological environment database for better data analysis and management[90]. - The company is focusing on the integration of big data resources to improve decision-making accuracy and timeliness in government governance, thereby promoting economic development[88].
天亿马(301178) - 2021 Q4 - 年度财报