HJBG(SH:600814)2023-03-29 16:00Financial Performance - In 2022, the company achieved a net profit attributable to shareholders of 237,567,276.31 CNY, a decrease of 32.23% compared to 2021[5]. - The company's total revenue for 2022 was 1,988,375,112.09 CNY, down 6.62% from 2,129,320,616.76 CNY in 2021[23]. - The net cash flow from operating activities decreased by 37.79% to 541,648,248.14 CNY in 2022[23]. - The company reported a net profit of 233,172,949.55 CNY after deducting non-recurring gains and losses, a decline of 22.88% from the previous year[23]. - Basic earnings per share decreased by 32.65% to CNY 0.33, while diluted earnings per share also fell by the same percentage[25]. - The net profit attributable to shareholders for Q1 was CNY 93,949,298.34, while Q4 saw a significant drop to CNY 3,761,241.76, indicating a decline in profitability[27]. - The company achieved a weighted average return on equity of 7.46%, down 4.44 percentage points from the previous year[25]. - The company achieved operating revenue of 1.988 billion RMB, a decrease of 6.62% year-on-year, primarily due to shortened operating hours and rental reduction policies[44]. - Net profit attributable to shareholders was 238 million RMB, down 32.23% year-on-year, also impacted by reduced operating hours and sales[44]. Assets and Liabilities - The total assets of the company at the end of 2022 were 8,582,722,761.46 CNY, a decrease of 1.78% from 2021[23]. - The total liabilities were reported at CNY 4,245,121,018.82, down from CNY 4,489,852,703.11 in the previous year, indicating a reduction of about 5.46%[194]. - The company's total equity increased to CNY 4,337,601,742.64 from CNY 4,247,978,416.60, representing a growth of approximately 2.11% year-over-year[194]. - Cash and cash equivalents stood at CNY 4,545,959,689.11, up from CNY 4,179,911,234.10, marking an increase of about 8.75%[192]. - Accounts receivable rose to CNY 88,886,989.63 from CNY 65,282,035.32, reflecting a significant increase of approximately 36.23%[192]. - The total current liabilities amounted to CNY 2,530,397,271.00, compared to CNY 2,443,033,852.47 in the previous year, indicating an increase of approximately 3.57%[194]. - The company's long-term liabilities decreased to CNY 1,714,723,747.82 from CNY 2,046,818,850.64, reflecting a decline of about 16.19%[194]. Operational Strategy - The company’s operating income for 2022 was significantly impacted by a decrease in consumer demand, leading to a strategic review of market expansion plans[23]. - The company is actively pursuing adjustments in its operational strategy, including transitioning to outlet management while preparing for future adjustments[34]. - The company aims to become a leader in the retail sector by implementing a "Four New" strategic positioning, focusing on consumer value and expanding its business chain[42]. - The company is exploring new business opportunities in sports and health care, diversifying its revenue streams beyond traditional retail[39]. - The company plans to enhance its operational efficiency by establishing a financial center and legal center, and is in the process of building an audit center[36]. Market and Consumer Insights - The retail sector in 2022 saw a 0.2% decline in total retail sales nationwide, while online retail grew by 6.2%, highlighting a shift in consumer behavior[37]. - The average monthly revenue growth for the medical beauty segment reached nearly 100% year-on-year, indicating strong performance in this area[35]. - The company launched the "Member Appreciation Plan" to enhance its membership system and penetrate lower-tier markets, with initial success in various marketing initiatives[34]. - The company has 1.0337 million VIP members, leveraging big data technology to enhance customer engagement and meet diverse needs[43]. Governance and Compliance - The company maintains independence from its controlling shareholders in terms of personnel, finance, organization, assets, and business operations[82]. - The board of directors and supervisory board have been actively overseeing the company's operations and financial status to protect shareholder interests[82]. - The company has implemented strict information disclosure practices, ensuring timely and accurate reporting in compliance with legal regulations[82]. - The company has not reported any significant deficiencies in internal control during the reporting period[119]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[124]. Future Outlook - In 2023, the company aims for a revenue target of 2.166 billion yuan and a net profit of 240 million yuan attributable to the parent company[77]. - The company plans to enhance its core competitiveness and promote high-quality development through strategic planning and market research[73]. - The company is actively seeking merger and acquisition targets and potential strategic investors to expand its business[75]. - The company is committed to optimizing its organizational structure and improving operational efficiency through talent development[76]. Social Responsibility - Total donations for social responsibility projects amounted to CNY 230,000, benefiting various community initiatives[125]. - The company invested CNY 225,314 in poverty alleviation and rural revitalization projects, benefiting 31 individuals[125].