Jiangsu Kuangshun Photosensitivity New-Material Stock (300537)
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广信材料(300537) - 2022 Q4 - 年度财报
2023-04-26 16:00
Financial Performance - The company's operating revenue for 2022 was CNY 497,871,416, a decrease of 19.56% compared to CNY 618,902,409 in 2021[35]. - The net profit attributable to shareholders was CNY 31,988,690, representing a significant decrease of 92.21% from CNY 410,562,249 in the previous year[35]. - The net profit after deducting non-recurring gains and losses was CNY 36,162,980, down 91.12% from CNY 407,133,095 in 2021[35]. - The total assets at the end of 2022 were CNY 1,243,492,197, an increase of 7.35% from CNY 1,158,334,182 in 2021[35]. - The company's basic and diluted earnings per share improved to -0.17 from -2.13 in 2021, marking a 92.02% increase[35]. - The weighted average return on net assets was -4.74%, an improvement of 40.99% from -45.73% in the previous year[35]. - The company reported a quarterly revenue of CNY 76,310,710.81 in Q4 2022, down from CNY 149,509,732.62 in Q1 2022[39]. - The company's total revenue for the fine chemicals sector was CNY 497,871,416, a decrease of 19.56% compared to the same period last year[164]. - The gross margin for the fine chemicals sector was 25.62%, down by 1.60% year-on-year[164]. - The ink segment generated revenue of CNY 309,854,518.26, with a gross margin of 21.55%, reflecting a 12.68% decline in revenue year-on-year[166]. - The paint segment reported revenue of CNY 186,783,288.97, with a gross margin of 30.53%, showing a significant revenue drop of 28.32% compared to the previous year[166]. Market and Industry Trends - The company anticipates growth in the PCB, display, semiconductor, and photovoltaic industries, driven by the increasing demand for environmentally friendly UV-curable coatings[8]. - The specialized coating industry is rapidly developing due to the growth of downstream applications, with a notable increase in demand for electronic coatings driven by the smartphone and laptop markets[56]. - Environmental regulations are tightening, leading to a promising growth outlook for eco-friendly coatings, with a trend towards energy-saving and high-performance products in the specialized coating sector[57]. - The overall electronic chemical industry in China is experiencing rapid domestic substitution growth, with local companies gaining market share against foreign competitors[49]. - The company is focusing on high-value applications in display panels, semiconductors, photovoltaics, and new energy vehicles to expand market space[154]. Product Development and R&D - The company is actively engaged in research and development of UV-curable coatings and heat-curable coatings, which are essential for various applications[28]. - The company has developed a range of UV-curable coatings that are suitable for different substrates, showcasing its versatility in product development[129]. - The company is committed to improving its R&D capabilities by integrating experienced experts from advanced enterprises in Taiwan and Japan[92]. - The company has established a three-tier product R&D strategy, ensuring that its current technology can meet development needs for the next 3 to 5 years[133]. - The R&D team consists of 124 personnel, including 3 with doctoral degrees, ensuring strong innovation capabilities in the PCB photoresist and related materials[135]. - The company is focusing on developing products that comply with national "dual carbon" goals, enhancing its brand recognition and competitiveness in the industry[174]. Operational Challenges - The company is in a resource integration adjustment period to better prepare for the production launch at the Longnan base, leading to higher operational costs during this transition, negatively impacting 2022 performance[5]. - The company faces growth risks related to market demand for electronic chemicals and the performance and quality of its products, which could negatively impact sales and profitability[10]. - The management integration capability of the company is under pressure due to the rapid growth in the number of subsidiaries and sales scale, posing a risk of not achieving expected management integration goals[18]. - The company has a large accounts receivable balance, which may increase with business growth, posing a risk of bad debts if major customers fail to repay[17]. Strategic Initiatives - The Longnan base is expected to achieve partial trial production conditions in 2023, aiming to reduce production costs and enhance revenue and profitability through resource optimization[6]. - Jiangsu Kuangshun aims to expand its market presence through innovative product offerings and strategic partnerships in the coatings sector[28]. - The establishment of Jiangxi Yangming Microelectronics Materials Co., Ltd. aims to optimize the core technology resources in the field of photoresists, enhancing the company's competitive edge in microelectronics materials[71]. - The company is actively enhancing its internal management and governance structures to improve operational efficiency and decision-making[161]. Customer and Supplier Relations - The company has established a strong customer base, including major brands like Huawei, OPPO, and Samsung, transitioning from secondary mold factories to larger primary mold factories[120]. - Jiangsu Hongtai has established long-term partnerships with major domestic brands such as HUAWEI, OPPO, and Lenovo, enhancing its market presence in the consumer electronics and automotive coatings sectors[144]. - The company has built a strong technical service team to provide rapid responses and solutions in the fast-evolving UV curing coatings market, enhancing customer satisfaction[147]. Environmental and Compliance Efforts - The company is focused on sustainability and environmental responsibility in its manufacturing processes and product development[28]. - The company has a robust environmental management system, with a pollution discharge permit valid until December 11, 2027[131]. - The company is committed to developing a range of new products, including UV curing coatings and high-performance electronic chemicals, to meet industry transformation and environmental standards[195].
广信材料:关于举办2022年度网上业绩说明会的公告
2023-04-26 12:26
证券代码:300537 证券简称:广信材料 公告编号:2023-032 2.召开地点:价值在线(www.ir-online.cn) 3.召开方式:网络互动方式 4.参加人员:董事长李有明先生、财务总监朱民先生、董事会秘书张启斌 先生、独立董事陈贇女士 5.投资者参与方式:投资者可于2023年4月28日(星期五)15:30-17:00通过 网址https://eseb.cn/140A2A5fUOI或使用微信扫描下方小程序二维码进入参与互 动交流。投资者可从即日起至2023年4月28日进入访问,点击"互动交流"进行 会前提问,公司将在2022年度业绩说明会上对投资者普遍关注的问题进行回答。 欢迎广大投资者积极参与! 小程序二维码: 江苏广信感光新材料股份有限公司 关于举办 2022 年度网上业绩说明会的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整,没有虚 假记载、误导性陈述或重大遗漏。 江苏广信感光新材料股份有限公司(以下简称"公司")已于2023年4月27 日在巨潮资讯网(www.cninfo.com.cn)上披露了《2022年年度报告》。为了更 好地与广大投资者进行交流,使投资者能够进一步了 ...
广信材料(300537) - 广信材料调研活动信息2023-007
2023-02-07 02:20
Company Overview - The company is engaged in the fine chemical industry, with a focus on specialty chemicals and materials [11]. - The company has a current production capacity of 13,000 tons/year, with a new capacity of 50,000 tons/year planned at the Longnan base [10]. Production Base Development - The Longnan production base covers an area of approximately 150 acres and is expected to achieve trial production conditions within the year [6]. - Centralizing production at the Longnan base will enhance operational continuity, stability, and sustainability, while reducing costs associated with multiple production sites [7]. Financial Performance - The company's goodwill has a book value of 79.6849 million yuan, with no impairment recognized for the previous acquisitions due to improved operational conditions [13]. - The company aims to reduce expense ratios significantly through enhanced management and resource optimization [13]. Market Strategy - The company is focusing on expanding its automotive coatings segment, particularly in the electric vehicle market, which is expected to become a significant growth area [14]. - The company is actively developing new materials for photovoltaic applications, leveraging its experience in PCB and semiconductor materials [16][18]. Competitive Landscape - In the PCB photoresist segment, the main competitors include Japan's Sun Chemical and domestic companies like Rongda [17]. - The company faces competition in the UV coating market from major players such as PPG and AkzoNobel [17]. Future Outlook - The company plans to enhance its product offerings in the microelectronics sector, particularly in flat panel display and integrated circuit photoresists [16]. - The photovoltaic materials division is expected to see rapid growth, with products already being sold to photovoltaic cell manufacturers [18].