Jiangsu Nanfang Bearing Co.Ltd(002553) 2021 annual report summary
Securities code: Jiangsu Nanfang Bearing Co.Ltd(002553) securities abbreviation: Jiangsu Nanfang Bearing Co.Ltd(002553) Announcement No.: 2022016 Jiangsu Nanfang Bearing Co.Ltd(002553) 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. In addition to the following directors, other directors attended the meeting of the board of directors to consider the annual report in person
Name of director not present in person position of director not present in person reason for not attending the meeting name of the entrusted person
Tips on non-standard audit opinions □ applicable √ not applicable to the profit distribution plan of common shares or the plan of converting accumulation fund into share capital in the reporting period considered by the board of directors √ applicable □ not applicable whether to convert accumulation fund into share capital □ yes √ no
The company's profit distribution plan for ordinary shares reviewed and approved by the board of directors is: take 348000000 as the base, distribute cash dividends of 2.00 yuan (including tax) to all shareholders for every 10 shares, send bonus shares of 0 shares (including tax), and do not use the accumulation fund to increase the 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 Jiangsu Nanfang Bearing Co.Ltd(002553) stock code Jiangsu Nanfang Bearing Co.Ltd(002553)
Shenzhen Stock Exchange
Contact person and contact information secretary of the board of directors securities affairs representative
Name: Shi Wei
Office address: Longxiang Road, Wujin high tech Development Zone, Changzhou, Jiangsu
Fax: 051989810195
Tel: 051967893573
E-mail zhengquanbu@nf -bearings. com.
2. Introduction to main business or products during the reporting period (1), main business or products of the company
The company's main business includes R & D, manufacturing and sales of needle roller bearings, overrunning clutches, one-way pulley assemblies, mechanical parts and other precision parts and components; The application fields of the products have also gradually expanded from the initial fuel passenger vehicles and motorcycles to new energy vehicles, commercial vehicles, industrial Siasun Robot&Automation Co.Ltd(300024) , UAVs, aviation clutches and other fields. The main customers are well-known multinational automobile parts manufacturing enterprises, engineering machinery industry, electric tool industry and motorcycle parts manufacturing enterprises at home and abroad. The company's product sales are mainly direct sales, and has established a long-term, stable and smooth sales channel.
Bearing is a basic component widely used in modern mechanical equipment. Its main function is to support the rotating shaft or other moving body, guide the rotation or movement, and bear the load transmitted by the shaft or parts on the shaft. It is called "mechanical joint". There are many specifications and models of bearing products. The company mainly develops, manufactures and sells needle roller bearings.
The radial structure of needle roller bearing is compact, which is suitable for the supporting structure with limited radial installation size. Needle roller bearing can obtain high load capacity and high stiffness in a small space. It has the advantages of small volume, light weight, high precision and large load. Therefore, it is widely used in automobile starting motor, engine, steering system, ABS, EPB
Jiangsu Nanfang Bearing Co.Ltd(002553) 2021 annual report summary
Automobile gearbox, industry Siasun Robot&Automation Co.Ltd(300024) , UAV, motorcycle engine, driven wheel, electric tool, garden tool, electric bicycle and other fields.
The one-way bearing is a kind of one-way bearing assembly that can only conduct power. Overrunning clutch is widely used in automobiles, motorcycles, transmission machinery, light industrial machinery, metallurgical machinery, reducer and so on.
At present, the company is in a leading position among its Chinese counterparts in the needle roller bearing industry, both in manufacturing and product R & D, and most of its customers are medium and high-end customers. The one-way pulley assembly of the company began to be sold in the main engine factory in 2020. The product quality of one-way pulley assembly has reached the level of foreign competitors and has been widely recognized in the markets outside China. At present, the company is actively expanding its share in the main engine market with its own advantages. The one-way clutch still maintains its previous leading position, actively adapts to the development trend of foreign countries, and iteratively upgrades the products.
In November 2020, the company controlled Shanghai Zhencheng Microelectronics Technology Co., Ltd. with its own funds through capital increase. The company's business expanded from bearing manufacturing to integrated circuit industry. Shanghai Zhencheng's main business is integrated circuit R & D and design. The R & D team has strong strength, with well-known R & D and technical talents in the industry and a considerable number of technical patents. Its products can be widely used in TWS headphones, smart appliances, health and medical supplies, etc. The diversified development strategy is conducive to expanding the company's business scale, optimizing the company's industrial structure and further enhancing the company's profitability.
During the reporting period, the company's operation was good, and there were no significant changes in the overall business environment, business model and other major matters that may affect the judgment of investors. (2) I. description of performance changes during the reporting period
① The company's operating revenue in the reporting period was 59620140037 yuan, up from 46597739999 yuan last year, an increase of 13022400038 yuan or 27.95% year-on-year, mainly due to the company's professional improvement and transformation of the whole sales team, continuous strengthening of technical training for the sales team, strengthening of service awareness and level, greatly improving the executive ability of the sales team and increasing sales Investment for high profit and high growth products, We strengthened the introduction of talents, deeply explored the needs of customers, and increased the development of new markets. During the reporting period, the import substitution of precision parts such as bearings accelerated. New products of several key projects passed the test and began mass production, which promoted the rapid improvement of the company's sales performance.
② The net profit of the company after deducting non recurring profits and losses in the reporting period was 8337813820 yuan, compared with 6520693936 yuan last year, an increase year-on-year
1817119884 yuan, an increase of 27.87%. On the one hand, it is due to the steady growth of the company's sales revenue; On the other hand, the company continued to optimize the operation and management process. During the reporting period, when the steel price rose sharply, the gross profit margin remained stable by steadily promoting the management measures of cost reduction and efficiency increase.
③ The company's net profit attributable to shareholders of Listed Companies in the reporting period was 19618778222 yuan, compared with 39342047891 yuan last year, a year-on-year decrease
19723269669 yuan, down - 50.13%, mainly due to the decline in non recurring profits and losses. The increase in the fair value of the company's equity in the reporting period (the amount of the increase in the company's equity held in the same period of last year) is more than the net profit of the company's equity in the reporting period, but it is referred to as the increase in the fair value of the company's equity in the reporting period, This item belongs to non recurring profit and loss. 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
Year end 2021 year end 2020 year end increase or decrease over the previous year year end 2019 year end
Total assets 147565033104128716782773 14.64% 78591567776
Net assets attributable to shareholders of listed companies 120652341180104521170958 15.43% 68663408451
20212020 year-on-year increase or decrease 2019
Operating income 5962014003746597739999 27.95% 40743935029
Net profit attributable to shareholders of listed companies 1961877822239342047891 - 50.13% 4220971695
Net profit attributable to shareholders of listed companies after deducting non recurring profit and loss of 83378138206520693936 27.87% 1503997184
Net cash flow from operating activities 72476386218835456015 - 17.97% 6872713135
Basic earnings per share (yuan / share) 0.5638 1.1305 - 50.13% 0.1213
Diluted earnings per share (yuan / share) 0.5638 1.1305 - 50.13% 0.1213
Weighted average return on net assets 17.52%, 45.74% - 28.22% 6.03%
Jiangsu Nanfang Bearing Co.Ltd(002553) 2021 annual report summary
(2) Quarterly main accounting data
Unit: Yuan
First quarter second quarter third quarter fourth quarter
Operating income 1313408 Ming Yang Smart Energy Group Limited(601615) 6716118471486785339615946588778
Net profit attributable to shareholders of listed company 22621815352927527649207986557812349203460
Net profit attributable to shareholders of listed companies after deducting non recurring profits and losses of 2080674974, 2830754693, 2063710540 and 1362673613
Net cash flow from operating activities 2036302804 -8773177415155514043783516187
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 disclosure date of the annual report is before the disclosure date of the annual report at the end of the reporting period
At the end of the reporting period, ordinary 28942 at the end of the previous month, the priority of ordinary 26254 right restoration is 0, and the voting right at the end of the previous month is restored
