Financial Performance - The company's operating revenue for Q1 2023 was ¥301,562,336.34, representing a decrease of 10.55% compared to the same period last year[7]. - The net profit attributable to shareholders was -¥57,134,454.65, a decline of 210.82% year-over-year[7]. - The basic earnings per share were -¥0.13, reflecting a decrease of 200.00% year-over-year[7]. - The net profit for Q1 2023 was a loss of ¥57,185,851.73, compared to a profit of ¥51,665,279.49 in Q1 2022[40]. - Basic and diluted earnings per share for Q1 2023 were both -¥0.13, compared to ¥0.13 in Q1 2022[42]. Research and Development - Research and development (R&D) expenses totaled ¥106,312,208.95, an increase of 56.47% compared to the previous year, accounting for 35.25% of operating revenue, up 15.10 percentage points[10]. - R&D expenses rose significantly to ¥106,312,208.95, an increase of 56.38% from ¥67,943,422.57 in the previous year[40]. Assets and Liabilities - The total assets at the end of the reporting period were ¥3,886,734,957.99, down 10.86% from the end of the previous year[10]. - As of March 31, 2023, total assets amounted to approximately ¥3.89 billion, a decrease from ¥4.36 billion as of December 31, 2022, reflecting a decline of about 10.8%[34]. - Current assets totaled approximately ¥3.28 billion, down from ¥3.63 billion, indicating a decrease of around 9.5%[29]. - The company's total liabilities decreased to approximately ¥799.61 million from ¥1.22 billion, a reduction of about 34.5%[34]. - The company’s long-term borrowings decreased to approximately ¥360.28 million from ¥525.22 million, reflecting a decline of about 31.3%[34]. - Non-current assets totaled approximately ¥604.32 million, down from ¥734.22 million, a decrease of about 17.7%[34]. Cash Flow - The net cash flow from operating activities was ¥47,948,694.08, with no applicable year-over-year comparison[7]. - Cash flow from operating activities was ¥316,631,366.00, down from ¥343,604,668.30 in the same quarter last year[42]. - Cash inflow from operating activities totaled ¥498,877,836.58, an increase from ¥355,646,191.63 in the prior period[45]. - Cash outflow from operating activities amounted to $450,929,142.50, compared to $782,059,910.88 in the previous period, reflecting a reduction in cash outflow[45]. - Cash flow from investment activities was negative at -$31,549,536.49, slightly improved from -$37,071,105.88 in the previous period[45]. Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 7,129[19]. - JoulWatt Technology Inc. Limited held 30.18% of the shares, amounting to 134,857,188 shares[19]. - The total equity attributable to shareholders of the parent company decreased to ¥3,087,963,795.05 from ¥3,142,345,555.87 year-over-year[36]. Operating Costs - Total operating costs increased to ¥360,103,991.64 in Q1 2023, up 24.94% from ¥288,181,873.25 in Q1 2022[40]. - The company reported a significant increase in sales expenses to ¥22,113,484.77, up from ¥16,879,032.06 in Q1 2022[40]. Other Financial Metrics - The weighted average return on equity decreased by 7.19 percentage points to -1.83%[10]. - The company reported non-recurring gains and losses totaling -¥241,884.29 for the period[14]. - The company experienced a credit impairment loss of ¥2,306,340.39, compared to a gain of ¥1,915,828.82 in the previous year[40]. - The company paid $423,800,000.00 in debt repayments, a significant increase from $32,990,000.00 in the prior period[47].

Financial Performance - JoulWatt Technology reported a revenue of 1.2 billion CNY for the fiscal year 2022, representing a year-over-year growth of 15%[61]. - The company achieved a net profit margin of 10%, with a net profit of 120 million CNY in 2022[61]. - In 2022, the company's operating revenue reached approximately CNY 1.45 billion, representing a growth of 38.99% compared to 2021[68]. - The net profit attributable to shareholders decreased by 3.39% to approximately CNY 137.16 million in 2022[68]. - The net cash flow from operating activities fell by 156.26% to approximately -CNY 823.49 million, primarily due to increased operational expenditures and inventory[69]. - The company's total assets increased by 272.13% to approximately CNY 4.36 billion by the end of 2022, driven by the initial public offering on the Sci-Tech Innovation Board[68][76]. - The return on equity (ROE) was reported at 21.05%, an increase of 1.98 percentage points from the previous year[75]. - The basic earnings per share, excluding non-recurring gains and losses, decreased by 32.43% year-on-year[76]. - The basic earnings per share decreased by 10.26% to RMB 0.35 in 2022[106]. - The company reported government subsidies of approximately CNY 43.52 million in 2022, compared to CNY 7.65 million in 2021[79]. Market and Product Development - The company operates under a virtual IDM model, focusing on integrated circuit chip design as its core business[26]. - The company has established three major process platforms: 0.18-micron 7 to 55V medium and low voltage BCD process, 0.18-micron 10 to 200V high voltage BCD process, and 0.35-micron 10 to 700V ultra-high voltage BCD process[36]. - The global sales of analog integrated circuits are expected to grow from $39.3 billion in 2012 to $91 billion in 2023, with a compound annual growth rate exceeding 75%[45]. - The Chinese market for analog integrated circuits is expected to continue expanding, currently accounting for over 50% of global demand[45]. - The company aims to expand its product offerings into signal chain chips, targeting high-efficiency and high-reliability solutions for various industries[46]. - The company has developed an advanced self-owned BCD process platform for chip design and manufacturing, enhancing its competitive edge in cost and performance[46]. - The company has launched several competitive new products, including high-performance AC-DC controllers and GaN integrated chips, receiving positive market feedback[89]. - The revenue from power management chips was RMB 138,105.24 million, a growth of 35.50% compared to 2021[93]. - The company has established a complete layout of signal chain detection products for lithium battery voltage and current detection, widely used in low-speed electric vehicles, energy storage systems, smart homes, and power tools[127]. Research and Development - The company is investing 200 million CNY in R&D for new semiconductor technologies in 2023[61]. - Research and development (R&D) expenses accounted for 21.05% of operating revenue, up from 19.07% in 2021[75]. - The company's total R&D investment increased by 53.46% year-on-year, reaching approximately ¥304.72 million, driven by an increase in R&D personnel and related costs[194]. - The R&D investment accounted for 21.05% of the operating revenue, an increase of 1.98 percentage points compared to the previous year[191]. - The company has developed over 1,000 chip product models based on its proprietary BCD process technology, enhancing product performance and efficiency[168]. - The company has established a systematic self-research process with multiple generations of technology iterations across various platforms[97]. - The company follows a structured R&D process, including product initiation, design, wafer fabrication, packaging testing, and mass production certification[137]. - The company is in the continuous development phase for several projects, including a DC-DC chip with an expected total investment of ¥130 million, of which ¥26.67 million was invested this period[196]. Strategic Partnerships and Market Expansion - JoulWatt plans to expand its market presence in Southeast Asia, targeting a 30% market share by 2025[61]. - The company has established a strategic partnership with Texas Instruments to co-develop advanced power management solutions[61]. - The automotive electronics sector is experiencing rapid growth, providing significant application space for analog integrated circuits[190]. - The communication industry remains a key focus, with the company positioned to benefit from ongoing national policy support and market expansion[190]. - The company has initiated discussions for potential acquisitions to enhance its supply chain efficiency[61]. Operational Efficiency and Quality Control - The company emphasizes continuous improvement in its process R&D team, collaborating with major domestic wafer foundries[36]. - The company has established close collaborations with leading domestic wafer and packaging factories, enhancing its production capabilities and product quality[110]. - The company has established a complete management system for supplier selection and production process management to ensure product quality and reduce production costs[147]. - The company emphasizes a high-quality product development process, ensuring product quality through rigorous management across R&D, supply chain, and production[110]. - The company has a stable supply chain and customer base across automotive electronics, communication electronics, and industrial automation sectors[163]. Innovation and Intellectual Property - The company has applied for 985 domestic and international patents, with 447 effective patents granted, showcasing its commitment to intellectual property innovation[179]. - The total number of patents applied for during the year was 134, with 73 newly granted, including 58 invention patents[191]. - The company is committed to smart analog chip development, successfully creating products with rapid short-circuit response capabilities[180]. - The company is focusing on optimizing power device structures and using new isolation processes in its BCD technology, which has broad market prospects[154]. - The company has developed proprietary process documentation and design toolkits for wafer manufacturing, enhancing its chip design capabilities[135].

证券代码：688141 证券简称：杰华特 公告编号：2023-023 杰华特微电子股份有限公司 关于参加 2022 年度半导体行业集体业绩说明会 暨现金分红说明会的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈述 或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 重要内容提示： http://roadshow.sseinfo.com/） 杰华特微电子股份有限公司（以下简称"公司"）已于 2023 年 4 月 29 日发 布公司 2022 年度报告，为便于广大投资者更全面深入地了解公司 2022 年度经 营成果、财务状况及利润分配情况，公司参与了由上交所主办的 2022 年度半导 体行业集体业绩说明会，就投资者关心的问题进行交流。 会议召开方式：上证路演中心网络互动 投资者可于 2023 年 05 月 08 日(星期一) 至 05 月 12 日(星期五)16:00 前登 录上证路演中心网站首页点击"提问预征集"栏目或通过公司邮箱 ir@joulwatt.com 进行提问。公司将在说明会上对投资者普遍关注的问题进行 回答。 二、说明会召开的时间、地点 （一）会议召开时间 ...