Financial Performance - The group's revenue for the year was RMB 36,002,830.52, a decrease of 28.75% compared to RMB 50,527,661.11 in the previous year[13] - The profit attributable to owners of the company was approximately RMB -21,838,255.21, compared to a loss of approximately RMB -4,485,769.33 in the previous year[13] - For the fiscal year ending December 31, 2022, the group recorded revenue of approximately RMB 36,002,830.52, a decrease of RMB 14,524,830.59 or 28.75% compared to the previous year[24] - The group reported a loss of RMB 21,838,255.21 for the fiscal year ending December 31, 2022, compared to a loss of RMB 4,485,769.33 in the previous year[24] - The gross profit from main business decreased by RMB 5,694,891.92 to RMB 7,131,439.39, a decline of 44.40%, with the gross profit margin dropping from 26.65% to 20.45%[27] Dividend and Shareholder Returns - The board of directors does not recommend the payment of a final dividend, consistent with the previous year[13] - The board recommended amendments to the company's organizational bylaws, which were adopted at the annual general meeting on June 24, 2022[134] - The board has adopted a dividend policy prioritizing cash distribution to shareholders, contingent on financial performance and other factors[142] Business Operations - The main business revenue primarily came from commercial solutions and application software, accounting for 72.30% of total sales, which is RMB 26,030,617.26[26] - Revenue from commercial application solutions and application software decreased by RMB 2,561,711.82, a decline of 8.96% compared to the previous year[26] - Revenue from installation and maintenance of network and data security products decreased by RMB 8,862,145.06, a decline of 56.40% compared to the previous year[26] - The company operates all its businesses in China, divided into two main segments: commercial application solutions and sales products[34] Financial Position and Ratios - As of December 31, 2022, the group's shareholders' equity was approximately RMB 25,636,861.03, down from RMB 47,330,768.33 in the previous year[30] - The current ratio (current assets/current liabilities) was 1.37, down from 2.64 in the previous year, indicating a decrease in liquidity[31] - The debt-to-asset ratio was approximately 46.08%, up from 27.61% in the previous year, reflecting an increase in financial leverage[31] Employee and Compensation - The group employed 101 full-time employees as of December 31, 2022, an increase from 94 in 2021, including 39 R&D personnel[35] - Employee compensation for the year ended December 31, 2022, amounted to approximately RMB 23,007,603.08, up from RMB 19,719,432.20 in 2021, reflecting a growth of about 16.5%[35] - The group maintains a good relationship with its employees, with no labor disputes or significant employee turnover affecting normal operations[35] Corporate Governance - The company has adhered to the regulations of the Chinese Company Law and relevant Hong Kong laws, ensuring the protection of shareholder rights and interests[73] - The supervisory board has conducted a thorough review of the funds raised from the H-share listing on GEM, ensuring compliance with the disclosed usage plan[74] - The company has implemented a code of conduct for securities trading by directors and supervisors, adhering to GEM listing rules[80] - The board of directors is composed of nine members, including six executive directors and three independent non-executive directors, ensuring independent decision-making for the benefit of all shareholders[81] Risk Management and Internal Control - The board is responsible for evaluating and determining the risk appetite associated with achieving strategic objectives, ensuring effective risk management and internal control systems[146] - The company has established a comprehensive set of policies and procedures for business, financial, and risk control to safeguard assets and ensure the reliability of financial information[146] - The company has a dedicated internal audit function to analyze and independently assess the adequacy and effectiveness of its systems[147] Environmental, Social, and Governance (ESG) - The board of directors is fully responsible for the group's environmental, social, and governance (ESG) issues and oversees the ESG strategy, direction, and policies[153] - The ESG working group consists of core members from different departments and is responsible for collecting and analyzing ESG data, monitoring and evaluating the group's ESG performance[154] - The company is committed to sustainable development, aiming to create long-term value for shareholders and stakeholders while minimizing environmental impact[151] - The company has established effective management policies and internal control systems regarding environmental, social, and governance matters[172] Sustainability Goals - The company has set a target to reduce emission density by 1% by the end of fiscal year 2024 compared to 2021 levels[176] - The company aims to decrease waste density by 1% by the end of fiscal year 2024 compared to 2021 levels[176] - The company plans to lower electricity and gasoline consumption density by 1% by the end of fiscal year 2024 compared to 2021 levels[176] - The company targets a 1% reduction in water consumption density by the end of fiscal year 2024 compared to 2021 levels[176]
交大慧谷(08205) - 2022 - 年度财报