铂力特(688333) - 2021 Q4 - 年度财报

Financial Performance - The company reported a net loss attributable to shareholders of RMB 53,305,544.89 for the year 2021[4]. - The profit distribution plan for 2021 is to not distribute any profits, which has been approved by the board and will be submitted to the annual general meeting for review[4]. - The company has not yet achieved profitability since its listing[2]. - The company's operating revenue for 2021 was CNY 551,993,023.07, representing a growth of 33.92% compared to CNY 412,168,053.84 in 2020[18]. - The net profit attributable to shareholders for 2021 was -CNY 53,305,544.89, a decrease of CNY 140,007,800.05 from the previous year's profit of CNY 86,702,285.16[20]. - The net cash flow from operating activities was CNY 27,499,320.72, down 69.81% from CNY 91,074,013.61 in 2020[18]. - The company's total assets increased to CNY 2,107,688,192.25, a growth of 25.55% from CNY 1,678,775,457.42 in 2020[18]. - The basic earnings per share for 2021 was -CNY 0.67, a decrease of CNY 1.75 from CNY 1.08 in 2020[19]. - The weighted average return on equity was -4.38%, a decrease of 12.19 percentage points from 7.81% in 2020[19]. - The company reported a net asset attributable to shareholders of CNY 1,287,369,934.50, an increase of 10.81% from CNY 1,161,754,090.34 in 2020[18]. Research and Development - The R&D expenditure accounted for 20.69% of operating revenue, an increase of 4.14 percentage points from 16.55% in 2020[19]. - The company plans to continue enhancing its R&D capabilities to drive industry development and innovation[22]. - The total R&D investment for the year reached ¥114,219,790.14, a 67.40% increase from the previous year's ¥68,230,484.11[70]. - R&D expenses accounted for 20.69% of total revenue, an increase of 4.14 percentage points compared to the previous year[71]. - The company has applied for a total of 370 patents, with 217 granted, including 67 invention patents, indicating strong independent innovation capabilities[52]. - The company has developed advanced digital manufacturing technology using arc additive manufacturing (WAAM), achieving high deposition efficiency and material utilization, with maximum forming sizes reaching 4m and 10m in diameter[34]. - The company has made significant advancements in the SLM laser selective melting forming equipment, with a total of 24 invention patents and 77 utility model patents as of December 31, 2021[64]. Market and Industry Position - The company operates in the field of additive manufacturing and 3D printing technologies[8]. - The company focuses on industrial-grade metal additive manufacturing (3D printing), providing a complete set of solutions including equipment development, customized products, and material production[30]. - The company has developed into the largest domestic metal additive manufacturing innovation R&D and production enterprise, covering the entire industry chain from powder raw materials to equipment and customized products[50]. - The company has a high market share in the domestic aerospace additive manufacturing metal components market, with major clients including various state-owned enterprises and research institutions[50]. - The company is recognized as a qualified supplier for Airbus and has transitioned from a supplier to a joint development partner[50]. - The global additive manufacturing market size reached $15.244 billion in 2021, growing by 19.5% compared to 2020, with an average growth rate of 20.4% over the past four years (2018-2021)[123]. Operational Efficiency - The company has established a mass repair service for complex damaged components in aerospace and energy sectors, with successful applications in core engine models[38]. - The company integrates multiple functions into single parts using metal additive manufacturing, reducing the number of components and assembly risks, thus shortening production cycles[37]. - The company has implemented unmanned forming processes and developed laser repair processes for internal defects in complex flow channel parts[61]. - The company has established a stable process for laser forming repair of titanium alloy components, enhancing the overall quality and efficiency of production[64]. - The company has made breakthroughs in forming processes for new high-temperature alloys and refractory metals, achieving dense structures without defects[59]. Financial Management - The company reported a net cash flow from financing activities of ¥81,205,188.45, a significant increase due to additional bank borrowings[95]. - The company’s accounts receivable and notes receivable at the end of the reporting period were valued at 281.9043 million and 87.008 million, respectively, accounting for 13.38% and 4.13% of total assets[91]. - The company’s total sales from the top five customers reached ¥31,791.35 million, accounting for 57.60% of total annual sales[107]. - The company’s total procurement from the top five suppliers was ¥26,432.73 million, representing 39.07% of total annual procurement[108]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion in 2021, representing a year-over-year growth of 20%[148]. Corporate Governance - The company has established a cash dividend policy that protects the rights of minority investors, but no profit distribution plan was proposed for the 2021 fiscal year[170]. - The company has a clear and complete decision-making process for its cash dividend policy, ensuring transparency and compliance with regulations[171]. - The company has established specialized committees under the board of directors to ensure professional and efficient decision-making[181]. - The company maintains a governance structure that enhances the fairness and rationality of board decisions, complying with relevant laws and regulations[181]. - The company has a structured performance management system to optimize personnel efficiency and enhance employee satisfaction[166]. Environmental Responsibility - The company emphasizes environmental protection and safety production, investing in pollution control measures and ensuring compliance with national regulations[180]. - The company has not faced any administrative penalties due to environmental issues during the reporting period[185]. - The company promotes water conservation and has implemented measures to reduce water environmental impact through rainwater and sewage separation[187]. - The company strictly manages waste generated during production, adhering to solid waste prevention laws and collaborating with qualified hazardous waste disposal units[188]. Employee Engagement and Development - The company has implemented a dual approach to training, combining internal and external resources to meet the specific needs of different positions[167]. - The company actively engages in various activities to enrich employees' cultural lives and enhance their sense of belonging[166]. - The company has a high market share in the domestic aerospace additive manufacturing metal components market, with major clients including various state-owned enterprises and research institutions[50]. - The company has established a mature R&D team and obtained multiple core independent patents and intellectual property rights[127].