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汇成股份(688403) - 2022 Q4 - 年度财报
2023-04-20 16:00
Financial Performance - The company reported a total revenue of RMB 1.2 billion for the fiscal year 2022, representing a year-over-year growth of 15%[16]. - The company's operating revenue for 2022 was CNY 939,652,817.36, representing an 18.09% increase compared to CNY 795,699,929.99 in 2021[23]. - The net profit attributable to shareholders for 2022 was CNY 177,224,972.73, a 26.30% increase from CNY 140,318,165.49 in 2021[23]. - The net cash flow from operating activities increased by 103.50% to CNY 601,141,680.25 in 2022, up from CNY 295,398,927.37 in 2021[23]. - The company's net assets attributable to shareholders grew by 108.36% to CNY 2,903,705,902.53 at the end of 2022, compared to CNY 1,393,601,109.34 at the end of 2021[23]. - The total assets increased by 56.81% to CNY 3,195,632,455.80 at the end of 2022, up from CNY 2,037,920,157.41 at the end of 2021[23]. - Basic earnings per share for 2022 were CNY 0.24, a 14.29% increase from CNY 0.21 in 2021[24]. - The company reported a significant increase in customer orders due to expanded production capacity and improved service capabilities[25]. - The company reported a total revenue of 11.5 billion RMB for the year, with a net profit of 6.51 billion RMB, representing a profit margin of approximately 56.65%[62]. - The company achieved a main business revenue of 884.39 million yuan, representing a year-on-year growth of 15.46%[35]. Research and Development - The company is investing RMB 200 million in R&D for new product development, focusing on advanced packaging technologies and AI applications[16]. - The R&D expenditure as a percentage of operating revenue was 6.93% in 2022, down from 7.62% in 2021[24]. - The company invested 65.14 million yuan in R&D during the reporting period, a year-on-year increase of 7.49%[36]. - The company is actively developing advanced packaging technologies such as Fan-out, 2.5D/3D, and SiP to overcome industry technical bottlenecks[36]. - The company is focused on expanding its 12-inch display driver chip packaging capacity, with ongoing projects in Hefei and Jiangsu to enhance production capabilities[50]. - The company is expanding its production capabilities by acquiring advanced equipment to enhance its competitive position in the global market[73]. - The company is committed to attracting high-end talent and optimizing human resource allocation to support sustainable development[128]. Market Strategy and Expansion - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[16]. - The company is focused on expanding its market presence through innovative technologies and strategic partnerships, aiming for sustained growth in the semiconductor industry[66]. - The company has identified potential markets for expansion, particularly in the Asia-Pacific region[140]. - The company is exploring new partnerships to leverage synergies and enhance operational efficiency[140]. - The company plans to optimize bumping technology and develop high-end advanced packaging techniques such as Fan-out and 2.5D/3D[125]. Corporate Governance - A standard unqualified audit report was issued by Tianjian Accounting Firm, ensuring the accuracy and completeness of the financial statements[5]. - The board of directors and supervisory board members have confirmed the authenticity and completeness of the annual report, underscoring corporate governance[4]. - The company has established specialized committees under the board to provide professional advice for major decisions[136]. - The company held 1 shareholders' meeting, 9 board meetings, and 4 supervisory meetings during the reporting period, ensuring compliance with governance regulations[135]. - The board consists of 7 members, including 3 independent directors, ensuring a balanced governance structure[135]. Risk Management - The company has detailed various operational risks and corresponding mitigation strategies in the report, emphasizing the importance of investor awareness regarding investment risks[4]. - There are no non-operational fund occupations by controlling shareholders or related parties, ensuring financial integrity[8]. - The company has not violated decision-making procedures for external guarantees, maintaining compliance with regulations[8]. - The company faces risks related to high customer concentration, with sales to the top five customers accounting for 75.37% of total sales[80]. - The company is at risk of losing core technical talent due to high competition in the integrated circuit packaging industry[78]. Environmental Responsibility - The company invested 5.76 million RMB in environmental protection during the reporting period[181]. - The company has established a strict environmental management system and has obtained ISO 14001 certification for environmental management[197]. - The company promotes resource conservation and utilizes photovoltaic power generation to reduce electricity consumption[198]. - The company has a waste water treatment system that includes various processes to ensure compliance with discharge standards[196]. - The company has implemented a self-monitoring plan for environmental pollutants, with monthly and quarterly monitoring of various waste emissions[191]. Future Outlook - The company expects a revenue growth of 10% to 12% for the upcoming fiscal year, projecting total revenue between RMB 1.32 billion and RMB 1.344 billion[16]. - Future guidance indicates an expected revenue increase of 15% for the upcoming fiscal year, driven by new technology initiatives[140]. - The company plans to continue expanding its production capabilities and enhancing service quality to drive future growth[25]. - The company aims to improve its supply chain management to reduce costs and increase profitability[140]. Profit Distribution Policy - The company plans to not distribute cash dividends for the fiscal year 2022, nor to convert capital reserves into share capital, and will roll over the remaining undistributed profits to the next year[169]. - The profit distribution policy emphasizes a balance between reasonable returns to investors and the sustainable development of the company, ensuring continuity and stability in profit distribution[165]. - The company's cash dividend conditions require positive net profit and undistributed profits, with no major investment plans or significant capital expenditures[165]. - The company will continue to adhere to relevant laws and regulations while maintaining a long-term return strategy for investors[171].
汇成股份(688403) - 2022 Q3 - 季度财报
2022-10-26 16:00
Financial Performance - The company's operating revenue for Q3 2022 was ¥236,130,880.99, representing a 10.60% increase compared to the same period last year[7]. - The net profit attributable to shareholders for Q3 2022 was ¥49,810,012.83, showing a significant increase of 41.25% year-on-year[7]. - The net profit attributable to shareholders after deducting non-recurring gains and losses for the year-to-date was ¥104,383,775.70, reflecting a 77.57% increase compared to the same period last year[7]. - Total operating revenue for Q3 2022 reached ¥698,126,435.01, an increase from ¥572,257,446.55 in the same period of 2021, representing a growth of approximately 22.1%[38]. - Net profit for Q3 2022 was ¥142,316,002.28, compared to ¥94,081,334.90 in Q3 2021, reflecting a growth of approximately 51.2%[41]. - Basic earnings per share for Q3 2022 were ¥0.21, an increase from ¥0.14 in Q3 2021[43]. Assets and Liabilities - The total assets at the end of Q3 2022 reached ¥3,201,404,002.71, marking a 57.09% increase from the end of the previous year[11]. - The total assets of the company as of September 30, 2022, were approximately ¥3.20 billion, up from ¥2.04 billion at the end of 2021[32]. - The total liabilities as of the reporting date amounted to ¥339,055,422.52, compared to ¥644,319,048.07 in the previous period[38]. - The total liabilities include accounts payable of approximately ¥123.84 million, an increase from ¥84.06 million in the previous year[32]. Shareholder Equity - The equity attributable to shareholders at the end of Q3 2022 was ¥2,862,348,580.19, which is a 105.39% increase compared to the end of the previous year[11]. - Total equity attributable to shareholders reached ¥2,862,348,580.19, up from ¥1,393,601,109.34 in the previous period[38]. - The company reported a net loss of ¥81,691,169.72 in retained earnings, compared to a loss of ¥224,007,172.00 previously[38]. Cash Flow - The cash flow from operating activities for the year-to-date was ¥492,279,927.58, representing a 179.65% increase compared to the same period last year[11]. - Cash generated from operating activities in the first three quarters of 2022 was ¥876,914,484.45, compared to ¥568,707,653.10 in the same period of 2021, showing a growth of about 54.1%[43]. - The net cash flow from operating activities was 492,279,927.58, a significant increase from 176,032,247.54 in the previous period, indicating strong operational performance[46]. - Total cash inflow from financing activities reached 1,737,428,664.87, compared to 499,821,768.53 previously, reflecting robust capital raising efforts[48]. - Cash outflow for investment activities amounted to 636,086,937.89, up from 231,689,226.99, suggesting increased investment in long-term assets[46]. - The cash and cash equivalents at the end of the period totaled 800,170,435.69, compared to 29,761,215.54 previously, indicating improved liquidity[48]. Research and Development - The company's R&D investment totaled ¥13,520,514.08 in Q3 2022, a decrease of 28.90% year-on-year[11]. - Research and development expenses for Q3 2022 were ¥47,747,762.05, slightly down from ¥48,007,044.20 in Q3 2021[38]. Customer and Market Activity - The company experienced a significant increase in customer orders, contributing to the growth in operating revenue[17]. - The company attributed the increase in net profit to a decrease in financial expenses and gains from the disposal of a small amount of assets[16]. Shareholder Information - The total number of common shareholders at the end of the reporting period is 28,293, with the largest shareholder holding 20.85% of shares[19]. - The company has no pledged, marked, or frozen shares among its top shareholders[19]. - The company has not disclosed any related party transactions or agreements among other shareholders[23].