时代出版(600551) - 2022 Q4 - 年度财报

Financial Performance - In 2022, the company's operating revenue was CNY 7,646,080,775.46, a decrease of 3.13% compared to CNY 7,893,530,508.43 in 2021[22] - The net profit attributable to shareholders of the listed company for 2022 was CNY 344,320,943.08, down 4.16% from CNY 359,278,003.97 in 2021[22] - The net profit attributable to shareholders after deducting non-recurring gains and losses increased by 82.14% to CNY 269,331,537.02 from CNY 147,867,383.33 in 2021[22] - The net cash flow from operating activities for 2022 was CNY 621,548,185.21, an increase of 86.29% compared to CNY 333,653,450.25 in 2021[22] - As of the end of 2022, total assets amounted to CNY 7,686,543,255.23, a 3.54% increase from CNY 7,423,494,488.04 at the end of 2021[22] - The company's net assets attributable to shareholders increased by 5.31% to CNY 5,256,668,767.48 at the end of 2022 from CNY 4,991,747,879.99 at the end of 2021[22] - The basic earnings per share decreased by 4.17% to 0.7109 yuan compared to 2021[24] - The diluted earnings per share also decreased by 4.17% to 0.7109 yuan compared to 2021[24] - The weighted average return on equity decreased by 0.59 percentage points to 6.72%[24] Dividend Distribution - The company plans to distribute a cash dividend of CNY 2.50 per 10 shares, totaling CNY 121,081,292.75, which represents 35.17% of the net profit attributable to shareholders[5] - The net profit attributable to shareholders for 2021 was CNY 359,278,003.97, with a cash dividend of CNY 1.64 per 10 shares, totaling CNY 79,429,328.04, which is 38.96% of the net profit[159] - For 2022, the net profit attributable to shareholders was CNY 344,320,943.08, with a proposed cash dividend of CNY 2.50 per 10 shares, totaling CNY 121,081,292.75, which is 35.17% of the net profit[160] Operational Highlights - The company achieved operating revenue of 7.646 billion yuan in 2022, marking a high point in the last decade[31] - The company maintained a 100% pass rate for textbook quality in a special inspection by the Anhui Provincial Press and Publication Bureau[32] - Sales of the high school elective textbooks reached 8.9 million yuan, with a profit of 4.6 million yuan, ranking first in the country[32] - The company published a total of 8,084 titles in 2022, with 2,115 new titles accounting for 26.16% and 5,969 reprints making up 73.84%[35] - The company launched several key theme publications in line with the "20th National Congress of the Communist Party of China," achieving a record number of selected publications[33] Digital Transformation and Innovation - The company is actively participating in the digital publishing sector, with projects like "AI Smart Piano Book" and "Immersive Audiobooks" being recognized as innovative[38] - The company accelerated the digitalization of quality content, winning national awards for digital publishing and enhancing both social and economic benefits[37] - The company developed nearly 100 original quality courses in response to the Ministry of Education's "double reduction" policy, significantly enhancing course competitiveness[39] - The company launched 191 original short video projects, achieving nearly 4 million views and gaining 82,000 followers across six major platforms[36] Risk Management and Compliance - The company has described potential risks in the report, advising investors to be cautious[8] - The company has not engaged in any non-operating fund occupation by controlling shareholders or related parties[7] - There are no violations of decision-making procedures regarding external guarantees[7] - The company has established a comprehensive risk control system and financial warning mechanisms to monitor and mitigate risks effectively[121] Environmental and Social Responsibility - The company invested a total of 77.48 million yuan in public welfare projects, including 60.35 million yuan in cash donations[182] - The company provided 57.50 million yuan for poverty alleviation and rural revitalization projects, with 16.50 million yuan in cash and 41.00 million yuan in material donations[183] - The company has established environmental protection mechanisms and is classified as a key pollutant discharge unit[171] - The company has met all relevant environmental discharge standards for major pollutants during the reporting period[172] - The company received the green printing certification in 2022, with the certification number CEC2019ELP08310558[176] Governance and Management - The board of directors has clearly defined responsibilities and has effectively fulfilled its duties during the reporting period, ensuring compliance with relevant laws and regulations[131] - The company has established a strict information disclosure management system, ensuring that all shareholders have equal access to information in a timely manner[132] - The company has maintained a rigorous process for disclosing significant information, ensuring confidentiality and proper registration of insider information[133] - The company has a structured approach to performance evaluation for its directors and senior management, linking remuneration to operational performance metrics[144] - The company has a diverse board composition, including independent directors with backgrounds in academia and law[138] Investment and Subsidiaries - The company invested in 21,459,228 shares of Zhejiang Merchants Futures, holding a 1.565% stake, and achieved an investment return of approximately 2.5756 million yuan from convertible bonds[41] - The company has 26 wholly-owned and controlled subsidiaries, including 9 publishing houses, focusing on various publishing and media-related businesses[44] - The total assets of the wholly-owned subsidiary Anhui People's Publishing House were CNY 125,417,600, with a net profit of CNY 607,510[105] - Anhui Science and Technology Publishing House reported total assets of CNY 124,191,100 and a net profit of CNY 35,600[105] - The total assets of Anhui Education Publishing House reached CNY 1,636,845,900, with a net profit of CNY 8,017,900[105] Market Performance - The company ranked 18th in the national retail market share for its own publications, with notable rankings in specific categories such as 2nd in computer books and 8th in art books[82] - The overall sales volume of general books decreased by 3.95%, with revenue from this segment declining to ¥53,366,460[75] - The company reported a 3.95% decrease in sales volume for general book publishing, totaling 25.63 million copies, and a 3.90% decrease in sales value to 533.66 million RMB[85] Future Plans - The company plans to focus on high-quality development and international cooperation in the publishing sector, aligning with national policies and market demands[73] - The company aims to enhance its competitive edge by focusing on mass publishing, educational publishing, and capital operations to support high-quality development[113] - The company plans to implement a "Education Publishing +" initiative, focusing on the development of high-quality educational materials and digital education products[114] - The company aims to increase its international influence by promoting excellent publications in international markets and expanding overseas operations[120]