零跑汽车(09863) - 2022 - 年度财报

Financial Performance - In 2022, the company achieved total revenue of RMB 12,384.6 million, a year-on-year increase of 295.4% compared to RMB 3,132.1 million in 2021[4] - The company reported a net loss attributable to equity holders of RMB 5,108.9 million in 2022, compared to RMB 2,845.8 million in 2021, reflecting a 79.5% increase in losses[4] - The gross loss for 2022 was RMB 1,911.3 million, an increase of 37.7% from RMB 1,387.6 million in 2021[4] - The company's free cash flow for 2022 was RMB (3,817.9) million, representing a 50.1% increase from RMB (2,544.1) million in 2021[29] - The adjusted net loss for the year ended December 31, 2022, was RMB (4,565.5) million, compared to RMB (2,628.8) million in 2021[41] Vehicle Sales and Production - The company delivered 111,168 new energy vehicles in 2022, representing a year-on-year growth of 154.1%[7] - The number of electric vehicles delivered rose from 43,748 in 2021 to 111,168 in 2022, marking an increase of 154.1%[14] - The C11 model was the top-selling domestic B-class pure electric SUV in 2022, with 44,371 units delivered, marking a year-on-year increase of 1,019.1%[7] - The company launched the C01 model in September 2022, featuring CTC technology and a maximum range of 717 kilometers on a single charge[8] Research and Development - Research and development expenses reached RMB 1,410.6 million in 2022, up from RMB 740.0 million in 2021, reflecting a commitment to innovation[6] - Research and development expenses increased by 90.6% to RMB 1,410.6 million in 2022, compared to RMB 740.0 million in 2021, driven by an increase in R&D personnel[22] - The company completed four OTA upgrades in 2022, enhancing features such as automatic lane change assistance and adaptive cruise control[8] Expansion and Market Strategy - The sales network expanded to 582 stores across 180 cities in China by the end of 2022, with plans for further expansion[10] - The company plans to expand its global footprint into Europe, Southeast Asia, and the Middle East in 2023, following its entry into the Israeli market in late 2022[11] - The company anticipates further growth in the new energy vehicle market in 2023, despite increased competition[15] Capital and Investments - The total assets of the company reached RMB 19,267.8 million by the end of 2022, compared to RMB 12,526.5 million in 2021[6] - The company successfully listed on the Hong Kong Stock Exchange on September 29, 2022, raising approximately RMB 6,168.9 million from the global offering[12] - The company has no significant investments or specific plans for major acquisitions of capital assets[36] Shareholder Information - The company has adopted a dividend policy regarding the distribution of profits to shareholders, but the board has decided not to recommend any final dividend for the year ended December 31, 2022[50] - As of December 31, 2022, the company's distributable reserves amounted to RMB 16,796.4 million[55] - The company has not established any management contracts involving significant parts of its business during the reporting period[64] Corporate Governance - The company emphasizes high standards of corporate governance to protect shareholder interests and has complied with all applicable corporate governance codes since its listing on September 29, 2022[145] - The board includes members with advanced degrees and extensive experience in finance and management, contributing to informed governance[131] - The company is committed to enhancing internal control measures and increasing transparency and accountability to shareholders[145] Employee and Management - As of December 31, 2022, the company has 8,336 full-time employees, with 50.3% in manufacturing, 26.3% in R&D, and 16.1% in sales and marketing[87] - The company conducts comprehensive training for employees, focusing on safety awareness, quality awareness, and corporate culture[87] - The company provides competitive compensation and a vibrant work environment to encourage employee initiative[88] Risk Management and Compliance - The company has established a robust risk management and internal control system to ensure compliance and manage risks associated with business objectives[179] - The audit committee continuously reviews and supervises the company's risk management and internal control systems to ensure their effectiveness[185] - The company has a zero-tolerance policy towards corruption and has implemented a reporting mechanism for suspicious activities[184] Intellectual Property - As of December 31, 2022, the company holds 1,285 registered patents, 610 patent applications, 334 registered trademarks, 18 registered software copyrights, and 7 registered copyrights[182] - The company has implemented measures to protect its intellectual property, including requiring employees to sign confidentiality agreements[182] Communication with Shareholders - The company emphasizes effective communication with shareholders through financial reports, annual general meetings, and conference calls following the release of quarterly and annual results[190] - The company has established a shareholder communication policy to ensure timely and equitable access to information for shareholders and investors[196] - The company ensures that the Hong Kong securities registrar maintains up-to-date information regarding shareholdings for effective shareholder inquiries[195]