BEZ(SH:600658)2023-04-20 16:00Financial Performance - The company's operating revenue for 2022 was CNY 5,149,674,467.61, representing a 162.13% increase compared to CNY 1,964,529,765.67 in 2021[24]. - The net profit attributable to shareholders for 2022 reached CNY 591,864,971.51, a significant increase of 1,774.47% from CNY 31,574,974.79 in the previous year[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 528,763,724.94, compared to a loss of CNY 44,588,057.73 in 2021[24]. - Basic earnings per share increased to CNY 0.53, a 1,666.67% increase compared to CNY 0.03 in 2021[25]. - Diluted earnings per share also rose to CNY 0.53, reflecting the same percentage increase as basic earnings per share[25]. - The weighted average return on equity improved to 8.18%, an increase of 7.73 percentage points from 0.45% in 2021[25]. - The net profit attributable to shareholders for Q4 2022 was CNY 548.44 million, following a loss of CNY 116.30 million in Q3 2022[27]. - The company reported a total revenue of CNY 3.01 billion in Q4 2022, with a significant increase from CNY 263.09 million in Q3 2022[27]. - The company achieved a revenue of 5.15 billion RMB in 2022, representing a year-on-year increase of 162.13%[48]. - Net profit attributable to shareholders reached 592 million RMB, a significant increase of 1,774.47% compared to the previous year[48]. Cash Flow and Assets - The net cash flow from operating activities for 2022 was negative CNY 713,342,966.07, a decrease of 128.77% from CNY 2,479,662,143.17 in 2021[24]. - As of the end of 2022, the total assets amounted to CNY 21,086,834,562.70, a decrease of 1.81% from CNY 21,476,621,464.00 at the end of 2021[24]. - The company's asset-liability ratio decreased by 3.57 percentage points compared to the beginning of the year, and the average financing cost dropped from 4.45% to 3.88%[36]. - The company’s total financing amount at the end of the period was 661,150.65 million RMB, with an overall average financing cost of 3.88%[72]. - The company’s contract liabilities decreased by 53.11% to 1,705.70 million RMB, reflecting a significant reduction in advance payments recognized as revenue[64]. Dividends and Profit Distribution - The company plans to distribute a cash dividend of CNY 0.53 per 10 shares, totaling CNY 59,285,007.39, which is 10.02% of the net profit for the year[6]. - The total cash dividend for the year amounted to 59,285,007.39 RMB, accounting for 10.02% of the consolidated net profit attributable to ordinary shareholders[128]. - The company distributed a cash dividend of 0.15 RMB per share, totaling 16,778,775.68 RMB, which represents 53.14% of the net profit attributable to shareholders for 2021[125]. Investments and Projects - The company established a photonic integrated circuit demonstration park, which has attracted over 20 upstream and downstream enterprises in the integrated circuit sector[33]. - The company’s venture capital fund has invested in 38 projects, with 12 companies entering the incubator community, supporting the industrial ecosystem[34]. - The company has completed the construction of a smart park demonstration project, enhancing its market expansion efforts in digital technology services[34]. - The company invested in 38 high-tech projects through its InnoChuang E+ venture capital fund, with notable IPOs including Suzhou Kema Materials Technology Co., Ltd.[48]. - The company has ongoing projects in various regions, including Beijing, Tianjin, and Kunming, with significant total investments in industrial and commercial developments[69]. Risk Management and Governance - The company has detailed the risks it faces in the report, urging investors to pay attention to these risks[9]. - The company has established a comprehensive internal control system that covers various business operations, ensuring effective risk management[37]. - The company has continuously improved its governance structure and compliance with relevant laws and regulations, ensuring clear responsibilities among its governing bodies[95]. - The company has not reported any significant differences in governance practices compared to regulatory requirements[95]. - The company has maintained independence in its operations, personnel, assets, and finances throughout the reporting period[95]. Research and Development - Research and development expenses totaled ¥25,768,766.59, reflecting a 42.55% increase from ¥18,076,759.47 in the previous year[56]. - The total R&D investment accounted for 0.49% of operating revenue, with a total of ¥25,230,014.48 in capitalized R&D expenses[58]. - The company employed 68 R&D personnel, making up 7.30% of the total workforce, with no PhD researchers[59]. Environmental and Social Responsibility - The company invested 4,323,500 RMB in environmental protection during the reporting period[137]. - The company reduced carbon emissions by 1,417 tons during the reporting period through various measures, including the use of photovoltaic power generation and energy-efficient equipment[140]. - The company invested a total of 623,000 RMB in poverty alleviation and rural revitalization projects, focusing on consumption assistance[143]. Corporate Structure and Management - The company has a diverse management team with experience in various sectors, including finance, technology, and real estate[102]. - The total remuneration for the board members and senior management during the reporting period amounted to 1,709.79 million CNY[102]. - The company has undergone several personnel changes, including the appointment of Zhang Yuwei as the board secretary and the departure of Wang Yan as chairman due to work arrangements[108]. - The company has a structured compensation plan for senior management based on performance and position evaluations[107]. Market Position and Future Outlook - The company aims to become a leading domestic and internationally recognized technology service enterprise, focusing on integrated circuits, optoelectronics, big data, and cloud computing[87]. - The company plans to enhance its core competitiveness by accelerating the transformation of technology services and expanding its service offerings in the "chip-screen" industry ecosystem[88]. - The overall financial outlook indicates a need for improved operational efficiency to mitigate losses and enhance profitability[81].