xinje(603416)2023-04-26 16:00Financial Performance - The company's operating revenue for 2022 was CNY 1,335,098,830.21, representing a year-on-year increase of 2.75% compared to CNY 1,299,333,197.49 in 2021[23]. - The net profit attributable to shareholders for 2022 was CNY 222,043,674.17, a decrease of 26.87% from CNY 303,609,133.80 in 2021[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 193,437,502.19, down 27.03% from CNY 265,086,018.61 in 2021[24]. - Basic earnings per share decreased by 26.85% to CNY 1.58 in 2022 compared to CNY 2.16 in 2021[25]. - The company's weighted average return on equity fell to 11.88% in 2022 from 18.24% in 2021, a decrease of 6.36 percentage points[25]. - The total comprehensive income for 2022 was CNY 222,841,431.17, compared to CNY 303,314,632.82 in 2021, indicating a significant decline[192]. Cash Flow and Assets - The net cash flow from operating activities was CNY 179,368,944.37, slightly up by 0.53% from CNY 178,431,431.08 in 2021[24]. - The total assets at the end of 2022 were CNY 2,693,761,669.50, an increase of 12.13% from CNY 2,402,316,707.27 at the end of 2021[24]. - The net assets attributable to shareholders at the end of 2022 were CNY 1,961,495,022.49, up 10.45% from CNY 1,775,967,423.71 at the end of 2021[24]. - Cash and cash equivalents increased significantly to CNY 323,950,094.74 from CNY 134,007,090.01, marking a growth of approximately 142.5%[180]. - Accounts receivable rose to CNY 80,690,016.18, compared to CNY 43,175,232.45 in 2021, reflecting an increase of around 86.8%[180]. - The total liabilities of the company were CNY 730,288,721.61, up from CNY 625,227,796.80, representing an increase of approximately 16.8%[181]. Research and Development - The company increased its R&D investment to enhance product technology and maintain competitiveness in the market[32]. - Research and development expenses increased by 10.50% to CNY 119,526,890.53, reflecting the company's commitment to innovation[54]. - R&D expenses accounted for 8.95% of total operating revenue[64]. - The company employed 797 R&D personnel, making up 39.67% of the total workforce[65]. Market and Product Development - The company is focusing on expanding its market presence in high-end intelligent manufacturing sectors such as 3C, photovoltaics, and semiconductors[32]. - The company launched new products in the intelligent device segment, generating revenue of CNY 26.25 million during the reporting period[34]. - The company plans to enhance its HMI product offerings by introducing new screen sizes to meet customer demands[44]. - The company aims to develop industry-specific control systems for sectors such as packaging machinery, CNC machine tools, and new energy, leveraging existing solutions[81]. Risks and Challenges - The company has detailed the macroeconomic and market risks it may face in the report[7]. - The company acknowledges the risk of slower-than-expected macroeconomic recovery, which could indirectly impact its performance due to reliance on the machinery equipment sector[84]. - Increased competition from foreign companies in the industrial automation market poses a risk, prompting the company to enhance R&D and product innovation[85]. - The company is aware of the risk of bad debts due to rising revenues and will prudently select partners and control credit limits[86]. Governance and Compliance - The company has received a standard unqualified audit opinion from its auditor, Xin Yong Zhong He Accounting Firm[4]. - The company has established a dedicated investor relations team to enhance communication with investors, ensuring compliance with information disclosure regulations[98]. - The company has a governance structure that complies with legal and regulatory requirements, with no significant discrepancies noted[98]. - The company has not reported any major changes in competition or business independence from its controlling shareholders[98]. Shareholder Information - The company plans to distribute a cash dividend of CNY 1.80 per 10 shares, totaling CNY 25,300,800, subject to shareholder approval[5]. - The total shareholding of 72,864,460 at the beginning of the reporting period decreased to 69,681,660 by the end, reflecting a reduction of 3,182,800 shares[98]. - The largest shareholder, Li Xin, holds 32,467,960 shares, representing 23.10% of the total shares[152]. Social Responsibility - The company has not established an environmental protection mechanism and did not invest any funds in environmental protection during the reporting period[127]. - The company made a total of 3.2811 million RMB in donations, including 0.9487 million RMB in cash and 2.3324 million RMB in material donations[129]. - The company has not disclosed a separate social responsibility report or ESG report[129].