HOMEY(600467)2024-04-24 07:41Financial Performance - The company's operating revenue for 2023 reached ¥1,563,804,509.83, representing a year-on-year increase of 31.08% compared to ¥1,192,975,646.71 in 2022[20]. - The net profit attributable to shareholders of the listed company was ¥49,445,874.18, a decrease of 17.07% from ¥59,626,656.84 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥16,725,026.99, down 61.96% from ¥43,970,763.70 in 2022[20]. - Basic earnings per share for 2023 decreased by 17.07% to CNY 0.034 compared to CNY 0.041 in 2022[21]. - Diluted earnings per share for 2023 also decreased by 17.07% to CNY 0.034 from CNY 0.041 in 2022[21]. - The weighted average return on equity fell to 1.47% in 2023, down 0.32 percentage points from 1.79% in 2022[21]. - The company reported a total revenue of 96,549 million RMB across its controlled subsidiaries, with a net profit of 794 million RMB[73]. - The company reported a total of 228.16 million shares held by directors and supervisors at the end of the reporting period[92]. Cash Flow and Investments - The net cash flow from operating activities significantly increased to ¥867,767,842.07, up 237.41% from ¥257,181,618.50 in 2022[20]. - The cash flow from operating activities for Q4 2023 reached CNY 743,208,155.04, showing a strong performance in cash generation[24]. - The net cash flow from investing activities was -RMB 669,774,282.64 in 2023, worsening from -RMB 95,922,579.53 in 2022[177]. - Cash inflow from investing activities totaled RMB 133,554,574.24 in 2023, up from RMB 50,802,587.33 in 2022, an increase of about 162%[177]. - The net cash flow from financing activities was -RMB 189,160,567.26 in 2023, compared to -RMB 145,881,165.57 in 2022, indicating a decline in financing efficiency[177]. Assets and Liabilities - As of the end of 2023, the total assets amounted to ¥6,655,975,615.04, a slight increase of 0.66% from ¥6,612,255,452.68 at the end of 2022[20]. - The total liabilities increased slightly to CNY 3,018,811,578.86 in 2023 from CNY 3,065,550,085.58 in 2022, indicating a decrease of about 1.5%[169]. - The company reported a total current asset of ¥1,707,292,216.24, a decrease from ¥2,160,989,932.88 in the previous year[164]. - The total original value of fixed assets is ¥4,943,657,120.20, with accumulated depreciation of ¥1,703,621,227.65, resulting in a net value of ¥3,218,856,678.18, which constitutes 48.36% of total assets[156]. Research and Development - Research and development expenses decreased by 15.07% year-on-year, amounting to CNY 12.14 million[45]. - The total R&D expenditure amounted to ¥12,140,962.81, representing 0.78% of the operating revenue[59]. - The number of R&D personnel is 135, with 8 holding doctoral degrees and 13 holding master's degrees[60]. - The company has established a comprehensive research system in collaboration with several research institutions, enhancing its technological innovation capabilities[34]. Market and Industry Position - The company has established itself as a leading enterprise in the marine food industry, being the largest sea cucumber farming company in China[64]. - The company is focusing on modern aquaculture techniques and sustainable practices to adapt to environmental challenges and consumer needs[74]. - The company aims to enhance its market position by implementing dual marketing strategies for domestic and international markets in the frozen food sector[33]. - The international market contributed CNY 369.99 million in revenue, with a year-on-year increase of 20.09%[49]. Governance and Compliance - The company has implemented a robust internal control system to ensure compliance and protect investor interests, following relevant regulations[87]. - The company has established a clear governance structure, ensuring independence between the board and controlling shareholders, with no instances of fund misappropriation[85]. - The company has a transparent information disclosure system, ensuring timely and accurate communication with shareholders and stakeholders[86]. - The company has established specialized committees, including an audit committee and a strategic committee, to enhance governance[102]. Corporate Social Responsibility - Total donations for public welfare projects amounted to CNY 800,000, benefiting 100 individuals[121]. - The company invested CNY 100,000 in poverty alleviation and rural revitalization projects, benefiting 200 individuals[122]. - The company has not taken any measures to reduce carbon emissions during the reporting period[120]. - The company has not invested any funds in environmental protection during the reporting period[118]. Future Plans - The company plans to continue investing in an additional 300,000 square meters of modern sea cucumber breeding workshops in 2024[40]. - The company plans to invest in sea cucumber farming, new seedling facilities, and expand sales channels for health products and beverages in 2024[79]. - The company aims to enhance its core competitiveness and improve economic efficiency through optimized management structures and refined management practices[78].