XLDY(SH:600769)2023-04-21 16:00Financial Performance - In 2022, the company achieved a net profit attributable to shareholders of CNY 10,666,284.45, an increase of 54.11% compared to CNY 6,921,437.88 in 2021[6]. - The company's operating revenue for 2022 was CNY 51,168,766.41, representing a decrease of 3.43% from CNY 52,987,310.68 in 2021[22]. - The net profit for 2022 was CNY 10.67 million, representing a year-over-year increase of 54.11%[37]. - Basic earnings per share for 2022 were CNY 0.0284, up 53.51% from CNY 0.0185 in 2021[23]. - The total profit for 2022 was CNY 14,790,066.28, which is a 64.5% increase from CNY 9,014,412.58 in 2021[154]. - The company's operating profit for 2022 was CNY 14,342,634.10, an increase of 66.5% compared to CNY 8,599,170.15 in 2021[154]. - The company reported a significant increase in other income, which rose to CNY 2,835,208.10 in 2022 from CNY 221,801.09 in 2021, indicating a substantial increase[152]. Cash Flow and Assets - The net cash flow from operating activities increased by 36.00% to CNY 41,958,838.51, up from CNY 30,850,998.94 in the previous year[22]. - The company's cash flow from operating activities was CNY 42,911,301.27, slightly up from CNY 41,869,968.72 in 2021[158]. - The total amount of tradeable financial assets at the end of the period was CNY 51,901,731.52, representing 21.75% of total assets, a 142.73% increase from CNY 21,382,604.00, which was 11.40% of total assets in the previous period[47]. - The company's cash and cash equivalents increased to CNY 50,572,417.74 from CNY 48,516,297.96, reflecting a growth of 4.3%[145]. - The total assets as of the end of 2022 were CNY 238,590,908.96, a 27.24% increase from CNY 187,509,409.63 at the end of 2021[22]. - The company's total liabilities increased to CNY 160,598,774.57 from CNY 120,183,559.69, which is a rise of about 33.6%[146][147]. Operational Highlights - The company achieved an average daily water supply exceeding 50,000 tons, with a peak daily supply surpassing 60,000 tons, setting a new historical high[31]. - The company received the title of "Provincial Water-Saving Enterprise," maintaining a water leakage rate in the supply network below 5%, reaching advanced levels within the province[31]. - The production and sales volume of tap water was 18,596,917 tons, reflecting a year-over-year increase of 22.93%[42]. - The company’s water supply business is primarily concentrated in the Wuhan New City Central Area, serving high-tech clients in the semiconductor and LCD display sectors[34]. - The company focused on enhancing management levels and optimizing processes, resulting in recognition for modern management innovation for three consecutive years from 2020 to 2022[32]. Risk Management and Governance - The company emphasized risk prevention in project management, ensuring strict procedures for accounts receivable management[31]. - The company has implemented measures to ensure independence from its controlling shareholders and mitigate risks associated with market fluctuations[68]. - The company has not identified any non-operating fund occupation by controlling shareholders or related parties[8]. - The company has not reported any significant internal control deficiencies during the reporting period[94]. - The company’s management is responsible for assessing the company's ability to continue as a going concern and for disclosing relevant matters[138]. Shareholder Information - The total number of common shareholders as of the end of the reporting period is 18,925, down from 20,224 at the end of the previous month[116]. - The largest shareholder, Wuhan Gehua Group Co., Ltd., holds 75,291,177 shares, representing 20.08% of the total shares[118]. - The top ten shareholders include a mix of state-owned and private entities, with no significant changes in their relationships or actions reported[120]. - The company has not implemented any share buyback programs during the reporting period[125]. Future Outlook - The company aims to enhance customer service and significantly increase water supply capacity to meet regional market demand[64]. - The company plans to actively participate in five areas of engineering construction, including comprehensive transportation and environmental governance, to regain its position in regional construction[64]. - The company plans to focus on improving its comprehensive income through strategic initiatives in the upcoming year[167].