Securities code: Guangdong Tapai Group Co.Ltd(002233) securities abbreviation: Guangdong Tapai Group Co.Ltd(002233) Announcement No.: 2022017 Guangdong Tapai Group Co.Ltd(002233) 2021 annual report summary
1、 Important note: the summary of this annual report comes from the full text of the annual report. In order to fully understand the company's operating results, financial status and future development plan, investors should carefully read the full text of the annual report in the media designated by the CSRC. Tips of non-standard audit opinions □ applicable √ not applicable to the profit distribution plan of ordinary shares or the plan of converting provident fund into share capital in the reporting period reviewed by the board of directors √ applicable □ not applicable whether to convert provident fund into share capital □ yes √ no the company's profit distribution plan of ordinary shares reviewed and approved by the board of directors is: the total share capital of 119275016 shares at the time of distribution is deducted from the special account for repurchase Based on the repurchased shares, a cash dividend of 6.20 yuan (including tax) will be distributed to all shareholders for every 10 shares, and 0 bonus shares (including tax) will be given, and the accumulation fund will not be converted into share capital. Preferred stock profit distribution plan for the reporting period adopted by the board of directors □ applicable √ not applicable II. Basic information of the company 1. Company profile
Stock abbreviation Guangdong Tapai Group Co.Ltd(002233) stock code Guangdong Tapai Group Co.Ltd(002233)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Lai Hongfei Zhong Hao
Address of office building, meijiaopai Town, meijiaoling County, Guangdong Province
Fax: 07537887233
Tel: 07537887036
E-mail [email protected]. [email protected].
2. Main business or product introduction during the reporting period (I) the company's main business is mainly engaged in the production and sales of all kinds of Portland cement and ready mixed concrete. It is a cement manufacturing enterprise with great influence in eastern Guangdong. It has three cement production bases in Meizhou City, Huizhou City and Longyan City, Fujian Province, with an annual output of 22 million tons of cement. (II) main products and uses (1) Portland cement clinker, referred to as "clinker", is a product with calcium silicate as the main mineral component, which is formed by grinding limestone raw materials, clay raw materials and a small amount of correction raw materials into fine powder according to a certain proportion and calcining at a certain temperature. Clinker is a semi-finished product in the production of general Portland cement. (2) General purpose Portland cement is a hydraulic cementitious material made by grinding Portland cement clinker, an appropriate amount of gypsum and specified mixed materials. General Portland cement includes six varieties: Portland cement, ordinary portland cement, pozzolanic Portland cement, slag Portland cement, fly ash Portland cement and composite Portland cement. The company is mainly engaged in a variety of general Portland cement with grades of 32.5, 32.5R, 42.5, 42.5R, 52.5 and 52.5r of the four brands of "Tabai, yueta, Jiaying and hengta". General Portland cement is widely used in highway, hydropower engineering, railway, port, airport and other infrastructure construction, real estate and other construction projects. (3) Ready mixed concrete, also known as "commercial concrete", mainly refers to the concrete mixture that is sold after measuring and mixing in the mixing plant and transported to the place of use by transport truck within the specified time by a certain proportion of general Portland cement, aggregate, water, admixtures and mineral admixtures. Ready mixed concrete is widely used in various civil engineering construction. (III) business model the company has formed a relatively perfect professional management model of "human, financial, material, production, supply and marketing". The functional departments of the company headquarters are responsible for daily system command and relationship coordination, and the subordinate subsidiaries (branches) cooperate with each other to complete various business models of production, operation and sales. (1) Production mode: cement enterprises are continuous production enterprises. The company formulates annual production operation plan according to market demand, production capacity and peak shift production requirements, and purchases raw and fuel materials accordingly to organize production. At the same time, combined with the seasonal market demand, the company allocates large-scale storage capacity in each cement enterprise, which can not only ensure the continuous operation of the production line and obtain the optimal economic cost, but also solve the problem of short supply in the peak season of cement demand and obtain the best economic benefits. (2) Sales mode: according to different cement sales objects, the company has established a multi-channel and multi-level sales network with the coexistence of distribution mode and direct sales mode. The company's cement sales mainly focus on the three bases and radiate to the surrounding markets through roads. (3) Procurement mode: according to the market characteristics of different types of raw and fuel materials and spare parts, the company adopts the methods of bidding, offline inquiry and price comparison, online shopping, competitive negotiation and pricing according to the open market price. In the procurement decision-making, the company adheres to the principle of price priority and local and nearby procurement to continuously reduce the procurement cost. (IV) market position the company is one of the 60 large-scale cement enterprises supported by the national cement industrial structure adjustment, and it is an enterprise supported by the national industrial policy. By the end of the reporting period, the company's clinker production capacity was 14.73 million tons, ranking 16th (data source: China Cement Association), with a cement production capacity of 22 million tons. Tabai cement has high popularity, recognition and reputation, and the company's cement products have a high market share in eastern Guangdong. The company ranked 11th in the comprehensive strength ranking of Chinese cement listed companies in 2021 released by China Cement Association.
The company has successively won the "national advanced unit in quality work", "national contract abiding and trustworthy enterprise", "national advanced collective in building materials industry", "China's top 100 building materials enterprises", "National May Day Labor Award", "national model enterprise with harmonious labor relations", "Guangdong may day labor Award", "top 10 comprehensive strength of Guangdong listed companies" "Top 10 most profitable listed companies in Guangdong" and other honorary titles. (V) main performance drivers: the profits of cement enterprises are mainly affected by cement production and sales, sales price and cement production cost. The cement sales area of the company focuses on the three production bases and radiates to eastern Guangdong, Shenzhen, Dongguan, Huizhou, Fujian Longyan, Jiangxi Ganzhou and other areas through road transportation. The cement demand in these areas will be strong in the future.
The company has a high share in the cement market in eastern Guangdong, with relatively high cement sales price and good profitability; The sales radius of the company's Longmen base radiates the Great Bay area of Guangdong, Hong Kong and Macao, and the cement demand in the bay area is stable and uncertain. The production cost of the company is mainly affected by the price of coal and electricity. The rise of coal and electricity price in the reporting period pushed up the cement manufacturing cost of the company. The company's performance is closely related to macroeconomic development, fixed asset investment scale and policies related to carbon emission, peak shifting production, capacity replacement and environmental protection improvement of the cement industry. The economic development speed, fixed asset investment scale and local development periodicity of Guangdong Province, especially in eastern Guangdong, will have a great impact on the company's profitability. 3. Main accounting data and financial indicators (1) whether the company needs to retroactively adjust or restate the accounting data of previous years in recent three years □ yes √ no
Unit: Yuan
At the end of 2021, the end of 2020 and the end of 2019
Total assets 13828378610531261052805863 9.66% 1175202273206
Net assets attributable to shareholders of listed companies 11719607261521044606287563 12.19% 978262254069
20212020 year-on-year increase or decrease 2019
Operating income 771340171968704666303111 9.46% 689070238314
Net profit attributable to shareholders of listed companies 183632469986178215474241 3.04% 173347923094
Net profit attributable to shareholders of listed companies after deducting non recurring profit and loss of 1 Zhejiang Great Shengda Packing Co.Ltd(603687) 41038163079204181 - 1.66% 149095641593
Net cash flow from operating activities 219728893403241913720221 - 9.17% 207772455245
Basic earnings per share (yuan / share) 1.57 1.51 3.97% 1.46
Diluted earnings per share (yuan / share) 1.57 1.51 3.97% 1.46
Weighted average return on net assets 16.69% - 17.62% - 0.93% - 18.42%
(2) Quarterly main accounting data
Unit: Yuan
Project first quarter second quarter third quarter fourth quarter
Operating income 150037406917213318629241160817217105247166918705
Net profit attributable to shareholders of listed company 35174744564562859787553977715264852394594019
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses of 266261944755730824093630388411618746045889440
Net cash flow from operating activities -22919041927402804803233824690617114168058946
Whether the above financial indicators or their total amount are significantly different from the financial indicators related to the quarterly report and semi annual report disclosed by the company □ yes √ No 4. Share capital and shareholders (1) number of ordinary shareholders and preferred shareholders with voting rights restored and shareholding of the top 10 shareholders
Unit: shares
The voting rights of ordinary shares at the end of the reporting period shall be restored one day before the disclosure date of the annual report at the end of the reporting period
Total number of shareholders 72776 total number of preferred shareholders with 67175 common shares at the end of one month total number of preferred shareholders with voting rights restored at the end of 0 month total number of preferred shareholders
Shareholding of top 10 shareholders
Shareholder name shareholder nature shareholding ratio
