Company Overview - The company reported a total registered capital of 63,921,500 yuan[5]. - The main products and services include oilfield technical services, chemical agent product development and sales, and oilfield equipment development and sales[5]. - The company is listed on the National Equities Exchange and Quotations (NEEQ) with the stock code 873234, and it was officially listed on June 23, 2022[5]. - The controlling shareholder and actual controller is Zhao Bo, with consistent actions from Xinjiang Keju and Xinjiang Lisheng[5]. - The company operates in the mining industry, specifically in oil and gas extraction and auxiliary activities[5]. - The company has a total share capital of 63,921,500 shares[5]. - The company has not changed its main sponsor during the reporting period, which is Dongguan Securities[5]. - The company is headquartered in Karamay City, Xinjiang, with its office located at No. 138, Friendship Road[5]. Financial Performance - In 2023, the company achieved a revenue of ¥358,545,693.01 and a net profit of ¥54,615,412.93, reflecting significant operational success[6]. - The company's operating revenue for the current period is ¥358,545,693.01, a decrease of 19.73% compared to the same period last year[10]. - The gross profit margin improved to 33.46%, up from 23.84% in the previous year[10]. - Net profit attributable to shareholders increased by 13.61% to ¥52,066,103.42 compared to ¥45,826,815.77 in the previous year[10]. - The total assets increased by 2.91% to ¥544,489,110.43 from ¥529,094,449.88 at the end of the previous year[10]. - The total liabilities decreased significantly by 25.14% to ¥92,782,909.00 from ¥123,943,936.83[10]. - Cash and cash equivalents rose by 176.94% to ¥84,420,344.10, primarily due to funds raised from a targeted stock issuance and the recovery of loans from a subsidiary[14]. - The company's weighted average return on equity is 12.64%, slightly up from 12.14% in the previous year[10]. - The basic earnings per share increased by 7.74% to ¥0.8229 from ¥0.7638[10]. Research and Development - The company increased its R&D investment, focusing on key technologies such as oilfield water treatment and crude oil dehydration, leading to continuous breakthroughs in new materials and processes[6]. - The company added 6 new invention patents and 6 utility model patents in 2023, showcasing its commitment to innovation[7]. - The company is conducting 47 research projects, focusing on new product development and optimization of existing chemical agents[32]. - The company has established four provincial-level R&D platforms to enhance its technological capabilities in oilfield services[32]. - The company has successfully extended the thermal washing cycle of oil wells by over 2 times through the development of wax prevention technology[33]. Market Expansion - The company is actively expanding into international markets, leveraging its brand and technical advantages in Kazakhstan and targeting opportunities in Iraq and Canada[7]. - The company plans to continue focusing on domestic oilfields while actively developing overseas markets to enhance its growth potential[8]. - The company has seen growth in revenue from overseas oilfield services, indicating a positive trend in its international market expansion strategy[38]. Risk Management - The company emphasizes the importance of risk awareness regarding forward-looking statements in its annual report[1]. - The company faces significant risks due to its high dependency on the oil and gas industry, which can impact its business during downturns in oil prices[37]. - The company has implemented comprehensive safety measures to minimize the risk of accidents during production, although the potential for incidents remains[38]. - The company has not experienced significant changes in major risks during the reporting period, maintaining a stable risk profile[38]. Corporate Governance - The company has been recognized as a "High-tech Enterprise," valid for three years, enhancing its innovation credentials[9]. - The company has no instances of shareholders or related parties occupying or transferring company funds, assets, or other resources[40]. - The company has established a comprehensive internal control system, aligning with relevant laws and regulations[69]. - The board of directors confirmed that the internal control system is effective and meets modern enterprise requirements[69]. Shareholder Information - The top ten shareholders hold a total of 44,039,100 shares, representing 68.8956% of the total shares outstanding[50]. - Zhao Bo is the largest shareholder with 20,177,460 shares, accounting for 31.5660% of the total shares[49]. - The company raised a total of 11,999,790 RMB through a directed issuance of 3,921,500 shares at a price of 3.06 RMB per share[52]. - The company has a total of 63,921,500 shares outstanding after the recent issuance, reflecting a growth in capital[48]. Employee Engagement - The total number of employees increased from 547 to 550, with a net addition of 67 employees during the reporting period[62]. - The company has initiated an employee stock ownership plan as part of its incentive measures, indicating a focus on employee engagement and retention[39]. - The employee stock ownership plan is internally managed without external management institutions, and no management fees are incurred[41]. Financial Reporting - The company has assessed its ability to continue as a going concern for the next 12 months and found no issues affecting this ability[120]. - The financial statements comply with the requirements of the accounting standards and reflect the company's financial position and operating results accurately[122]. - The company emphasizes the importance of revenue recognition principles and measurement methods in its financial reporting[71].
科力股份(920088) - 2023 Q4 - 年度财报(更正)