立讯精密(002475) - 2022 Q4 - 年度财报

Financial Performance - Operating income for 2022 reached RMB 214.03 billion, a year-over-year increase of 39.03% compared to RMB 153.95 billion in 2021[13] - Net profit attributable to shareholders was RMB 9.16 billion, reflecting a 29.60% increase from RMB 7.07 billion in the previous year[13] - Net cash flow from operating activities increased by 74.72% to RMB 12.73 billion, up from RMB 7.28 billion in 2021[13] - Basic earnings per share rose to RMB 1.29, a 27.72% increase from RMB 1.01 in 2021[13] - Total assets as of December 31, 2022, were RMB 148.38 billion, representing a 23.07% increase from RMB 120.57 billion in 2021[13] - The weighted average return on equity was 23.00%, an increase of 0.65 percentage points from 22.35% in 2021[13] - Net profit after deducting non-recurring gains was RMB 8.44 billion, a 40.34% increase from RMB 6.02 billion in 2021[13] - Total operating revenue for 2022 reached RMB 214.03 billion, a significant increase from RMB 153.95 billion in 2021, representing a year-over-year growth of approximately 39.0%[51] - Total revenue for Luxshare Precision Industry Co., Ltd. in 2022 reached RMB 214,028,394,291.44, representing a year-on-year increase of 39.03%[53] Dividend Distribution - The company plans to distribute a cash dividend of RMB 1.30 per 10 shares, based on 7,130,392,419 shares outstanding[3] - Proposed cash dividend of RMB1.30 (inclusive of tax) per 10 shares, totaling RMB926,951,014.47 based on a total share capital of 7,130,392,419 shares[151] - The company distributed a cash dividend of RMB1.10 (inclusive of tax) per 10 shares in the previous year, totaling RMB779,273,162.47[148] - The proportion of total cash dividends to distributable profit is 100%, with distributable profit amounting to RMB6,970,581,669.73[151] Research and Development - R&D expenses totaled RMB 20.83 billion over the past three years, with RMB 8.45 billion spent during the reporting period, reflecting a strong commitment to innovation[43] - The company holds a total of 4,526 invention patents, marking a 46.47% increase from the end of 2021, showcasing its focus on technological advancement[43] - Approximately 30% of R&D expenses are allocated to cutting-edge technology, aiming to enable 30% of products to enter the "unpopulated area" of the global industry within the next 20 years[43] - R&D expenses for 2022 amounted to RMB 8.45 billion, representing a year-over-year increase of 27.17%, with R&D expenses accounting for 3.95% of operating revenue, a decrease of 0.36% from the previous year[70] - The number of R&D personnel increased by 14.39% year-over-year to 18,421, with the proportion of R&D personnel to total employees rising to 7.77%[70] Market and Product Development - The global market for new energy vehicles exceeded 10 million units in 2022, marking a year-on-year increase of 56.4%[22] - The penetration rate of new energy vehicles is expected to reach 50% by 2035, indicating strong future growth potential[22] - Luxshare ranked first among 2022 backbone enterprises in electronic components in China, highlighting its industry leadership[24] - The company has diversified its product lines across various application scenarios, including consumer electronics, automotive, and healthcare[21] - Luxshare's automotive product layout includes core components such as wire harnesses and connectors, supporting the electrification and intelligence of vehicles[34] Operational Efficiency - The company has established production capacity bases and R&D centers in countries such as Vietnam, India, and Mexico, enhancing its global footprint and operational efficiency[41] - The company achieved a net increase in cash and cash equivalents of RMB 8.39 billion in 2022, a significant turnaround from a net decrease of RMB 1.54 billion in 2021[72] - Accounts receivable decreased by 8.68% year-over-year to RMB 26.04 billion, reflecting optimization in customer recovery processes[74] - The company's fixed assets increased by 29.67% to RMB 44.03 billion, reflecting the expansion in operational scale[75] - Trade payables increased by 33.55% to RMB 49.79 billion, driven by operational scale expansion and increased purchase orders[75] Corporate Governance - The company has established independent financial accounting and internal audit departments, complying with applicable regulations and making financial decisions independently[114] - The company has a sound governance structure with independent operation and management bodies, ensuring compliance with the Articles of Association[115] - The company has disclosed information truthfully and accurately, ensuring transparency for all shareholders[109] - The company has a complete corporate property rights system and independent R&D, production, and sales systems[116] - The company has established a hotline for investors and designated personnel for timely communication with investors[109] Environmental Compliance - Luxshare Precision's environmental compliance includes adherence to emission standards for air pollutants, water pollutants, noise pollution, and solid waste management[173][174][175][176][177][178] - The company achieved compliance with air pollutant emission standards, with nitrogen oxides not exceeding 50 mg/m³ from gas-fired boilers[179] - The total chromium and total nickel in wastewater pretreatment plant outlet met the standard limits as per the Discharge Standard of Electroplating Pollutants (GB21900-2008)[180] - The company reported a total of 16 discharge outlets for air pollutants, with an emission concentration of SO2 at 3.04 mg/m³, compliant with the Integrated Emission Standard of Air Pollutants[190] - The company is focused on adhering to the Discharge Standard of Electroplating Pollutants (GB21900-2008) to ensure environmental compliance[198]