Etron(603380)2023-04-27 16:00Dividend Distribution - The company plans to distribute a cash dividend of 1.40 CNY per 10 shares, totaling approximately 22.20 million CNY (including tax) based on the adjusted total shares available for distribution[5]. - The total cash dividend for 2022, including share repurchase amounts, is approximately 56.36 million CNY, representing 31.57% of the net profit attributable to the parent company[5]. - The company repurchased shares worth approximately 34.16 million CNY during the year, which is considered part of the cash dividend distribution[5]. - The total number of shares eligible for profit distribution is 158,603,800 after accounting for repurchased shares[5]. - The company’s cash dividend for 2022 accounted for 31.57% of the net profit attributable to the parent company[151]. - The company declared a cash dividend of CNY 1.40 per 10 shares, totaling CNY 22,204,532.00 in cash dividends[155]. - The total amount of dividends (including cash dividends) accounted for 31.57% of the net profit attributable to ordinary shareholders[155]. - The company repurchased shares amounting to CNY 34,159,671.00, which is included in the cash dividend[155]. Financial Performance - The company achieved a revenue of ¥1,973,281,145.89 in 2022, representing a year-on-year growth of 12.66%[33]. - The net profit attributable to shareholders was ¥178,520,890.92, a decrease of 21.49% compared to the previous year[33]. - The basic earnings per share decreased to ¥1.12, down 21.13% from ¥1.42 in 2021[24]. - The weighted average return on equity fell to 15.05%, a decrease of 6.52 percentage points from the previous year[24]. - The company reported a net cash flow from operating activities of ¥38,823,567.02, down 60.67% from ¥98,723,952.82 in 2021[33]. - The total assets increased to ¥2,020,884,755.81, reflecting a growth of 13.53% compared to the previous year[33]. - Operating revenue for the current period is approximately ¥1.97 billion, representing a 12.66% increase compared to ¥1.75 billion in the same period last year[65]. - Operating costs increased by 20.04% to approximately ¥1.52 billion, up from ¥1.26 billion, primarily due to a rise in material costs[65]. - The gross profit margin for the main business decreased by 4.73 percentage points to 23.06%[68]. Research and Development - The company’s R&D expenses continued to grow, with over 300 personnel dedicated to enhancing R&D capabilities in areas like new energy vehicles and artificial intelligence[40]. - Research and development expenses rose by 32.89% to approximately ¥104.86 million, compared to ¥78.91 million in the previous year, driven by increased salaries and direct investments in R&D[65]. - The company is committed to driving innovation in product development, particularly in power modules and battery management systems, to meet customer needs[41]. - The company has established a new training system aimed at enhancing employee skills and aligning with business development needs[146]. - The company has established a talent development plan that includes new employee training, rotation programs for university graduates, and skill training based on competency assessments to enhance team cohesion and efficiency[104]. Market Expansion and Strategy - The company expanded its business in the electric vehicle electronics sector, successfully undertaking projects related to controlled chassis and battery management systems[33]. - New partnerships were established in the renewable energy sector, particularly in wind power and energy storage projects[33]. - The company plans to establish a subsidiary in Europe in 2023, aiming to set up two production lines to meet local delivery demands[39]. - The company is actively expanding into high-growth sectors such as AI big data, new energy vehicles, and renewable energy, which are expected to provide broader development opportunities[90]. - The company plans to enhance its market presence in key sectors such as automotive electronics, new energy power, and medical electronics through increased investment in brand marketing and customer management[103]. - The company is considering strategic acquisitions to enhance its product offerings, with potential targets identified in the tech sector[124]. Governance and Compliance - The company has not faced any non-operating fund occupation by controlling shareholders or related parties[7]. - There are no violations of decision-making procedures regarding external guarantees[7]. - The company has retained Da Hua Certified Public Accountants as the financial and internal control audit institution for 2022[117]. - The company maintains a strict governance structure, ensuring independence from its controlling shareholder and compliance with legal requirements for board operations[112]. - The company has committed to transparent information disclosure practices, ensuring compliance with regulations and protecting the rights of all shareholders, particularly minority shareholders[113]. - The company has established and continuously improved its internal control system in compliance with regulatory requirements[114]. Environmental and Social Responsibility - The company invested 5.03 million yuan in environmental protection during the reporting period[165]. - The company reduced carbon emissions by 377 tons through various energy-saving measures, including improvements to air conditioning and lighting systems[173]. - The company made a total donation of 220,000 yuan to local charities for pandemic prevention efforts[175]. - The company has actively engaged in clean production practices to reduce pollution emissions and enhance purification efficiency[172]. - The company disclosed its 2022 Social Responsibility Report on April 28, 2023, highlighting its commitment to sustainable development[174]. Operational Efficiency - The company launched an APS scheduling system in December 2022, improving production efficiency by providing flexible data support[37]. - The company has successfully reduced operational costs by 5% through efficiency improvements in its supply chain[124]. - The company has integrated information technology across various management areas, achieving timely and effective visual management to support its high-quality electronic manufacturing service model[104]. Shareholder Engagement - The company emphasizes the importance of shareholder returns and maintains a consistent, reasonable, and stable cash dividend policy[114]. - The company actively engages with various investors to enhance understanding and recognition, promoting positive interaction and protecting investor interests[114]. - The company’s management team has maintained stable shareholdings, with no significant changes reported during the year[120].