ATCDI(603357)2023-03-24 16:00Financial Performance - The company's operating revenue for 2022 was CNY 2,798,190,707.52, representing an 18.72% increase compared to CNY 2,356,962,663.67 in 2021[25]. - The net profit attributable to shareholders for 2022 was CNY 442,840,982.57, a 14.04% increase from CNY 388,315,174.67 in 2021[25]. - The net cash flow from operating activities for 2022 was CNY 484,340,727.95, showing a significant increase of 184.69% compared to CNY 170,130,848.19 in 2021[26]. - The total assets at the end of 2022 were CNY 5,624,885,662.33, reflecting a 27.91% increase from CNY 4,397,467,291.39 at the end of 2021[26]. - The basic earnings per share for 2022 was CNY 0.97, up 14.04% from CNY 0.85 in 2021[27]. - The weighted average return on equity for 2022 was 14.68%, an increase of 0.54 percentage points from 14.14% in 2021[27]. - The company reported a net profit of CNY 111,410,647.31 in Q1 2022, with total operating revenue of CNY 529,422,167.52 for the same period[29]. - The company achieved a net profit of CNY 1,081,787,917.15 in Q4 2022, contributing significantly to the annual performance[29]. - The net profit after deducting non-recurring gains and losses for 2022 was CNY 430,635,172.73, a 17.50% increase from CNY 366,511,768.41 in 2021[26]. Dividend Distribution - The company plans to distribute a cash dividend of RMB 5.30 per 10 shares, totaling approximately RMB 247.82 million, which accounts for 55.96% of the net profit attributable to shareholders in 2022[5]. - The company has not disclosed any significant changes in share capital prior to the dividend distribution date[5]. - The company has a policy to distribute at least 20% of the distributable profit as dividends when the net profit is positive and there are no major capital expenditure plans[169]. - In the absence of major capital expenditures, the cash dividend proportion should reach a minimum of 80% of the profit distribution[170]. - The company’s cash dividend policy is in compliance with its articles of association and shareholder resolutions[176]. - The company will maintain the per-share distribution amount even if there are changes in total share capital before the equity distribution registration date[179]. Business Operations and Growth - The company achieved a main business revenue of 2.794 billion yuan, representing a year-on-year growth of 18.70%[36]. - New contracts signed amounted to 4.027 billion yuan, with a year-on-year increase of 1.86%, while the backlog of orders reached 7.607 billion yuan, up 14.59% year-on-year[36]. - The company expanded its presence in the overseas market, securing new contracts worth 881 million yuan, achieving revenue of 657 million yuan, which is a 13.82% increase year-on-year[39]. - The surveying and design business segment signed new contracts totaling 2.261 billion yuan, with revenue of 1.786 billion yuan, marking a year-on-year growth of 19.43%[41]. - The engineering general contracting segment secured new contracts totaling 1.559 billion yuan, achieving revenue of 874 million yuan, which is a 19.06% increase year-on-year[42]. - The company is focusing on integrating new technologies like big data and artificial intelligence into its operations, as highlighted in national planning documents[62]. - The company is actively expanding its business in the field of smart construction and new building industrialization, aligning with national development plans[61]. Risk Management - The company has outlined potential risks in the management discussion and analysis section, advising investors to be cautious[7]. - The report includes forward-looking statements, cautioning investors about potential risks associated with future plans[6]. - The company faces risks related to macroeconomic fluctuations, which can significantly impact fixed asset investment and, consequently, its operations[121]. - The company emphasizes the importance of timely market information collection to mitigate market development risks and maintain its market share[123]. Governance and Compliance - The company has confirmed that all board members attended the board meeting, ensuring the integrity of the annual report[8]. - The company has received a standard unqualified audit report from the accounting firm, ensuring the accuracy of the financial statements[4]. - The company has established a governance structure that ensures transparency and fairness in decision-making, holding 1 annual and 2 temporary shareholder meetings in 2022[129]. - The company operates independently from its controlling shareholder, ensuring no interference in its decision-making processes[130]. - The company’s governance practices align with the regulations set forth by the China Securities Regulatory Commission[135]. - The company has not reported any major differences in governance compared to legal and regulatory requirements[135]. Research and Development - The company has established a comprehensive research and development system, recognized as a national enterprise technology center, and has built multiple new research platforms[81]. - Research and development expenses rose by 25.41% to CNY 127 million, indicating a commitment to innovation[88]. - The company obtained 95 patents, including 16 invention patents and 51 utility model patents[82]. - The number of R&D personnel constituted 19.52% of the total workforce, with 263 holding master's degrees[99]. Environmental and Social Responsibility - The company invested approximately 20.32 million yuan in environmental protection during the reporting period[187]. - The company implemented carbon reduction measures that resulted in a total reduction of 246,977 tons of CO2 equivalent emissions[189]. - The company engaged in social responsibility activities with a total investment of 685,600 yuan, benefiting 400 individuals through various initiatives[192]. - The company supported poverty alleviation by purchasing agricultural products worth 685,600 yuan from local farmers[193]. Strategic Initiatives - The company has established a "1233" overall strategic model, focusing on integrated products and services across regions and fields, with a development plan for the "14th Five-Year Plan" emphasizing high-quality development[73]. - The company is exploring new business models such as PPP and full-process engineering consulting to enhance value sharing across the entire industry chain[70]. - The company is committed to digital empowerment and capital linkage as part of its five-pronged development strategy[73]. - The company aims to increase its annual revenue by 10%-40% and net profit attributable to shareholders by 10%-30% in 2023, based on 2022 figures[121].