NUPMG(SH:601999)2023-04-28 16:00Financial Performance - The company's operating revenue for 2022 was ¥2,611,157,746.39, representing a decrease of 8.98% compared to ¥2,868,652,078.67 in 2021[26] - The net profit attributable to shareholders for 2022 was ¥75,368,559.90, down 30.71% from ¥108,765,384.53 in the previous year[26] - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥2,760,296.53, a significant decline of 93.16% compared to ¥40,360,295.37 in 2021[26] - The net cash flow from operating activities for 2022 was ¥126,382,847.67, a decrease of 6.98% from ¥135,871,114.85 in 2021[26] - Basic earnings per share decreased by 30.00% to CNY 0.14 in 2022 from CNY 0.20 in 2021[28] - The weighted average return on equity fell to 3.10% in 2022, down from 4.57% in 2021, a decrease of 1.47 percentage points[28] - The main business income was CNY 2,531,607,200.72, down 9.68% year-on-year[50] - The total operating revenue for the company was CNY 2,531,607,226.07, a decrease of 9.68% compared to the previous year[56] - The gross profit margin for the publishing business was 23.48%, reflecting a decrease of 0.21 percentage points year-on-year[55] Dividend and Profit Distribution - The company plans to distribute a cash dividend of ¥0.42 per 10 shares, totaling ¥23,138,417.40, based on the net profit of the parent company[6] - The company distributed cash dividends of 0.60 RMB per 10 shares, totaling 33,054,882.00 RMB, based on the 2021 net profit[151] - For the 2022 profit distribution plan, the company proposes a cash dividend of 0.42 RMB per 10 shares, totaling 23,138,417.40 RMB, which is 30.70% of the net profit attributable to shareholders[156] Market and Industry Analysis - The retail book market decreased by 11.77% in 2022 compared to 2021, with physical store sales down 37.22%[45] - Net profit attributable to shareholders decreased significantly due to strategic adjustments and a decline in overall demand in the book market[28] - The company faced a significant decline in net profit due to long-term amortization costs and reduced operational scale in specific projects[28] - The company is actively expanding its digital transformation, with digital product revenue gradually increasing in proportion to total revenue[44] Operational Efficiency and Management - The company implemented a new compensation management model to enhance operational efficiency and financial control[38] - The company aims to strengthen its publishing quality management to ensure safety in content direction and improve editing quality[39] - The company has acknowledged various industry and market risks that may impact future performance, as detailed in the management discussion and analysis section[9] - The company has established a comprehensive distribution channel for educational materials, enhancing its online and offline capabilities[75] Governance and Compliance - The company has received a standard unqualified audit opinion from its accounting firm, Zhongshun Zhonghuan[5] - The company has established a comprehensive governance structure in compliance with relevant laws and regulations[117] - The company maintains independence from its controlling shareholder in terms of assets, personnel, finance, and operations[121] - The company is committed to maintaining transparency and compliance with regulatory requirements, as evidenced by the announcements regarding board changes[128] Research and Development - Total R&D expenditure amounted to ¥14,883,712.36, which is 0.57% of operating revenue[64] - The company continues to prioritize research and development to innovate within the publishing sector, although specific initiatives were not disclosed[126] Community Engagement and Social Responsibility - The company has invested 10 million yuan in poverty alleviation and rural revitalization projects, benefiting over 12,000 individuals[168] - The company actively engages in community support, including employment assistance and agricultural product sales promotion for local farmers[169] - The company donated over 6,000 quality books to support village library construction, promoting a healthy lifestyle among villagers[170] Changes in Leadership - The board of directors underwent changes, with new independent directors appointed on July 27, 2022, including Zhang Guangning, Miao Li, and Guan Chunling[127] - The former chairman, Yang Jianjun, resigned from his position on December 26, 2022, indicating a shift in leadership[128] - The independent directors' terms were limited to six years, leading to the resignation of Chen Fan, Shi Donghui, and Jiang Xin in July 2022[127] Financial Management - The company has implemented a comprehensive financial management system, including accounting, risk management, and internal audit systems, to strengthen financial control[159] - The internal control audit report for 2022 received a standard unqualified opinion, indicating effective internal control practices[160] - The total remuneration paid to directors, supervisors, and senior management in 2022 amounted to 3.1393 million yuan[132] Shareholder Information - The largest shareholder, Liaoning Publishing Group Co., Ltd., holds 372 million shares, representing 67.52% of the total shares[193] - The total number of ordinary shareholders at the end of the reporting period is 25,281, an increase from 23,183 at the end of the previous month[191] - The report indicates that there were no changes in the controlling shareholder during the reporting period, ensuring stability in governance[197]