ZJDR(SH:600113)2023-03-10 16:00Financial Performance - The company's operating revenue for 2022 was RMB 918,164,559.83, representing a 42.26% increase compared to RMB 645,396,707.96 in 2021[21] - The net profit attributable to shareholders of the listed company decreased by 75.44% to RMB 160,238,209.52 from RMB 652,355,859.69 in the previous year[21] - The net profit after deducting non-recurring gains and losses was RMB 131,909,700.80, an increase of 14.12% from RMB 115,586,062.97 in 2021[21] - Basic earnings per share decreased by 75.47% to CNY 0.39 compared to CNY 1.59 in the previous year[22] - Net profit attributable to shareholders decreased by 75.44% due to the absence of non-recurring gains from the previous year[23] - Annual operating revenue reached CNY 918.16 million, representing a 42.26% increase year-on-year, but net profit attributable to shareholders fell by 75.44% to CNY 160.24 million[32] - The total operating revenue for 2022 was CNY 918,164,559.83, an increase of 42.3% compared to CNY 645,396,707.96 in 2021[187] - The total operating costs for 2022 amounted to CNY 693,623,763.52, up 46.1% from CNY 474,838,104.37 in 2021[187] - The net profit for 2022 was CNY 195,052,075.67, a decrease of 69.9% from CNY 648,197,804.10 in 2021[188] Cash Flow and Assets - The cash flow from operating activities net amount was RMB 186,662,904.40, down 25.89% from RMB 251,880,482.48 in 2021[21] - Cash flow from operating activities reached CNY 105,014,729.79 in the fourth quarter, showing a significant increase[25] - The company's total assets decreased by 6.54% to CNY 2,857.33 million, while net assets attributable to shareholders increased by 2.89% to CNY 2,166.13 million[32] - The company's total assets were RMB 2,857,330,340.14, a decrease of 6.54% from RMB 3,057,180,557.88 at the end of 2021[21] - The total cash and cash equivalents at the end of 2022 were $472,228,362.33, compared to $192,605,305.30 at the end of 2021, which is an increase of approximately 145%[199] - The cash flow from operating activities was significantly higher than cash outflows, resulting in a strong net cash position for the company[198] Market and Business Strategy - The company aims to enhance its agricultural wholesale platform and services while extending into upstream and downstream industries[31] - The company is focused on expanding its market presence through strategies of external expansion, mergers, and talent acquisition[30] - The company operates the main agricultural product wholesale market in Wenzhou, serving as a crucial link between producers, operators, and consumers[72] - The company aims to enhance its market position by integrating industry resources and expanding its agricultural wholesale business[72] - The company is developing an online APP platform to enhance O2O business operations, integrating various transaction and management functions[49] - The company is committed to developing a cold chain logistics system to enhance the quality and efficiency of fresh agricultural products[71] Risks and Challenges - The company faces market risks due to potential economic slowdown affecting consumer income and food demand[79] - Increased competition from e-commerce and new business models poses a significant challenge to traditional wholesale markets[79] - The company's reliance on the Wenzhou market creates risks associated with dependence on a single regional market[79] - Operating management fees are a crucial profit source, and a decline in merchant profits could negatively impact these fees[80] Governance and Compliance - The company has held 6 shareholder meetings and 14 board meetings, ensuring compliance with governance regulations[86] - The company maintained independence from its controlling shareholder, with no instances of fund occupation or asset infringement reported[87] - The company strictly complied with information disclosure obligations, with no regulatory penalties for disclosure violations during the reporting period[88] - The company has established a fair and transparent performance evaluation and incentive mechanism for senior management, adhering to legal regulations[87] Research and Development - The company launched 13 new software copyrights and 10 patents during the reporting period, bringing the total to 67 software copyrights and invention patents[32] - The company’s research and development expenses were CNY 7.08 million, a decrease of 7.17% compared to the previous year[51] - The company has 27 R&D personnel, accounting for 2.66% of the total workforce[58] Environmental and Social Responsibility - The company invested 14.02 million yuan in environmental protection during the reporting period[123] - The company has established mechanisms for environmental protection compliance and has obtained necessary pollution discharge permits[124] - The company has not published a separate social responsibility or ESG report, but has disclosed relevant information in its annual report[126] Shareholder Information - The largest shareholder, Wenzhou Oriental Group, holds 49.29% of the shares, totaling 202,807,800 shares[154] - The total number of ordinary shareholders at the end of the reporting period is 43,229, an increase from 30,883 at the end of the previous month[152] - The company has not engaged in any cash asset management or entrusted loan activities during the reporting period[147]