雅迪控股(01585) - 2022 - 年度财报

Financial Performance - Total revenue for 2022 reached RMB 31,059.4 million, representing a year-on-year growth of 15.2%[12] - The gross profit for 2022 was RMB 5,614.0 million, with a gross margin of approximately 18.1%[12] - The net profit attributable to the owners of the company for 2022 was RMB 2,161.1 million, an increase of 58.0% compared to 2021[12] - The total assets as of December 31, 2022, amounted to RMB 24,952.7 million, up from RMB 19,407.8 million in 2021[13] - The total liabilities for 2022 were RMB 18,310.1 million, compared to RMB 14,895.4 million in 2021[13] - In 2022, the company's revenue increased by approximately 15.2% to RMB 31,059.4 million, up from RMB 26,967.5 million in 2021[19] - The gross profit increased by approximately 36.9% to RMB 5,614.0 million in 2022, compared to RMB 4,101.5 million in 2021[19] - The net profit for the year increased by approximately 59.7% from RMB 1,366.6 million in 2021 to RMB 2,183.0 million in 2022, reflecting the cumulative impact of the aforementioned factors[23] Production and Capacity - The company’s production capacity for electric two-wheelers is approximately 20 million units per year, supported by over 11,000 employees[8] - The company launched 15 new models of electric scooters and 34 new electric bicycles with enhanced designs and smart features in 2022[16] - The company expanded its distribution network to 4,041 distributors in China by December 31, 2022, up from 3,353 in 2021, with over 32,000 sales points[16] - The total segment revenue for the battery division was RMB 3,870.0 million in 2022, with no corresponding revenue reported for 2021 due to the acquisition of Huayu[22] Research and Development - The company has a strong R&D team in Wuxi, employing about 980 professionals with various product design backgrounds[8] - Research and development expenses rose by about 31.1% from RMB 843.7 million in 2021 to RMB 1,105.8 million in 2022, primarily due to new product and technology development related to batteries and chargers[23] - The company plans to continue investing in R&D to ensure it remains at the forefront of technological advancements in the electric two-wheeler industry[16] - The total number of patents held increased to 1,890 in 2022 from 1,350 in 2021, marking a growth of about 40%[76] - The number of invention patents held rose significantly to 109 in 2022 from 29 in 2021, indicating an increase of approximately 275.9%[76] Market and Sales - The average selling price of electric scooters rose from RMB 1,662 in 2021 to RMB 1,816 in 2022, while the average selling price of electric bicycles increased from RMB 1,265 to RMB 1,429 during the same period[19] - Total sales volume of electric scooters decreased by approximately 18.0% from about 6,142,000 units in 2021 to about 5,034,000 units in 2022, while electric bicycle sales increased by approximately 16.3% from about 7,721,000 units to about 8,976,000 units[21] - The company exports its products to over 80 countries through its international distribution network[9] Environmental, Social, and Governance (ESG) - Yadea identified 14 "very important" ESG issues through stakeholder engagement, with over 200 participants involved in the assessment[41] - The group received multiple international ESG awards during the reporting period, highlighting its leadership in sustainable practices[42] - Yadea was recognized as a "Top Ten Green Brand for Carbon Neutrality" and a "Model Enterprise for Carbon Neutrality" in 2022[43] - The company initiated a carbon footprint assessment and developed a preliminary carbon reduction strategy in collaboration with external consultants[41] - The company is committed to enhancing its ESG governance framework and integrating ESG objectives into its overall strategic development[45] Employee and Labor Practices - The total number of employees in the group is 11,825, with a turnover rate of 6.10% during the reporting period[114] - The group strictly adheres to labor standards, ensuring no illegal employment practices, including forced labor and child labor[109] - Employee benefits include meal subsidies, high-temperature allowances, and access to facilities such as gyms and canteens[115] - The group has implemented a zero-discrimination policy, promoting equal opportunities regardless of race, age, gender, and other factors[111] - The company emphasizes the importance of employee development and training as a critical social issue[69] Safety and Compliance - The company emphasizes compliance with laws and regulations to protect its corporate reputation and prevent legal violations[49] - The company has established a policy in place to provide a safe working environment and prevent occupational hazards[169] - The company has implemented strict safety protocols, including mandatory safety training for all new employees before they can start work[120] - The company has a zero-tolerance policy towards corruption and has implemented strict anti-corruption measures, including mandatory training for all employees[104] Community Engagement - The company committed RMB 30 million for pandemic relief efforts, including the donation of 10,000 electric vehicles to frontline workers[154] - The company actively supports rural revitalization efforts, including donations for local education and employment initiatives[156] - Yadea Group Holdings Limited launched the "Love Charging Station" initiative, providing free energy drinks to outdoor workers, and donated over RMB 500,000 to various foundations for social welfare[157] Corporate Governance - The board of directors consists of eight members, including three executive directors, one non-executive director, and four independent non-executive directors[181] - The company has adopted a high standard of corporate governance, ensuring compliance with the corporate governance code and maintaining shareholder rights[177] - The board aims to achieve gender diversity with a target of having three female directors by December 31, 2023[194] - The company has established procedures to ensure that all directors are informed of the annual general meeting schedule and receive timely notifications for board meetings[188]