HXGF(SH:603115)2023-04-11 16:00Financial Performance - The company's operating revenue for 2022 was RMB 1,765,230,480.54, representing a year-on-year increase of 7.29% compared to RMB 1,645,338,158.45 in 2021[20]. - The net profit attributable to shareholders of the listed company for 2022 was RMB 227,714,159.76, a slight increase of 2.95% from RMB 221,187,704.58 in 2021[20]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was RMB 190,999,087.92, which decreased by 7.91% compared to RMB 207,410,419.93 in the previous year[20]. - The cash flow generated from operating activities was RMB 175,642,197.12, down 6.31% from RMB 187,467,997.74 in 2021[20]. - The company achieved total operating revenue of 1.765 billion RMB in 2022, a decrease compared to the previous year[30]. - Net profit attributable to shareholders was 228 million RMB, reflecting a decline from the previous year[30]. - Basic earnings per share decreased by 9.52% to 0.95 RMB per share in 2022[22]. - The weighted average return on equity dropped to 11.45%, down 5.58 percentage points from 2021[22]. - The total profit reached CNY 255,159,000, with a year-on-year increase of 1.04%[43]. - The total comprehensive income for 2022 was RMB 233,152,098.06, showing a significant increase compared to the previous year[200]. Assets and Liabilities - As of the end of 2022, total assets amounted to RMB 2,419,752,002.60, reflecting a 3.25% increase from RMB 2,343,673,292.39 at the end of 2021[21]. - The company's retained earnings at the end of 2022 were RMB 212,757,369.16, with a capital reserve of RMB 1,206,580,096.25[5]. - The company's total assets as of December 31, 2022, amounted to ¥2,176,239,269.50, compared to ¥2,137,267,616.93 at the end of 2021[182]. - Total liabilities amounted to CNY 389,631,747.73, up from CNY 354,205,535.58, which is an increase of about 10%[180]. - The company's equity attributable to shareholders reached CNY 2,030,120,254.87, compared to CNY 1,976,215,905.07 in the previous year, indicating an increase of approximately 2.7%[180]. Cash Flow - The cash flow from investing activities saw a net inflow increase of 644.98 million yuan year-on-year, primarily from the maturity of financial products[57]. - The company reported a net cash flow from operating activities of 176 million RMB for the year[30]. - The cash inflow from investment activities significantly increased to CNY 2,166,393,128.56 in 2022, compared to CNY 509,224,785.17 in 2021, marking a growth of 326.5%[194]. - The cash and cash equivalents at the end of 2022 amounted to CNY 511,242,402.67, up from CNY 406,508,360.25 at the end of 2021, representing an increase of 25.8%[194]. Research and Development - The company achieved a 7.1% R&D expense ratio relative to revenue in 2022, reflecting its commitment to innovation and technology advancement[40]. - The company filed 53 patents during the reporting period, including 26 invention patents and 3 international PCT patents, indicating a strong focus on intellectual property development[31]. - Research and development expenses rose by 18.97% to CNY 125,356,650.13, driven by ongoing new product development efforts[43][44]. - The number of R&D personnel is 112, making up 14.23% of the total workforce[56]. Market and Product Development - The company is actively optimizing product structure and advancing fundraising projects to enhance production capacity[30]. - The company signed an investment framework agreement for a high-performance electrode foil project, which will enhance production capacity and support future growth[31]. - The company reported a 90.5% year-on-year increase in new energy vehicle production, reaching 7.003 million units in 2022, with sales growing by 102% to 6.887 million units[37]. - The company is focused on high-quality development and talent cultivation to improve competitiveness[30]. Governance and Compliance - The company received a standard unqualified audit report from Tianjian Accounting Firm for the fiscal year[8]. - The company held 1 annual general meeting and 2 extraordinary general meetings during the reporting period, complying with legal requirements[73]. - The board of directors convened 8 meetings, ensuring timely disclosure of relevant information[75]. - The company has not experienced any significant differences in governance compared to regulatory requirements[75]. Environmental and Sustainability Initiatives - The company is recognized as a "green" enterprise in Jiangsu, reflecting its commitment to sustainable practices and energy management[32]. - The company achieved a reduction of 16,291 tons in carbon emissions through the use of clean energy and carbon reduction technologies[121]. - The company installed an energy consumption monitoring system that led to a 5% reduction in energy usage[122]. - The company has implemented a water recycling project to reduce total wastewater discharge[122]. Future Outlook - Future outlook indicates a focus on market expansion and new product development, aiming for a 20% increase in market share over the next fiscal year[81]. - The management provided guidance for the next quarter, projecting a revenue increase of 10% compared to the previous quarter[81]. - The company aims to enhance customer engagement through digital platforms, expecting a 25% increase in active users[81]. - New partnerships are being explored to facilitate market entry into Southeast Asia, with an initial investment of 10 million planned[81].