浙江仙通(603239) - 2022 Q4 - 年度财报

Financial Performance - In 2022, the company's operating revenue reached RMB 936,444,180.90, an increase of 18.96% compared to RMB 787,187,466.41 in 2021[22] - The net profit attributable to shareholders was RMB 126,195,481.43, representing a decrease of 11.02% from RMB 141,831,505.27 in the previous year[22] - The basic earnings per share decreased to RMB 0.47, down 9.62% from RMB 0.52 in 2021[23] - The weighted average return on equity was 12.63%, a decrease of 1.67 percentage points from 14.30% in the previous year[23] - The gross profit margin for the automotive parts segment was 27.79%, down by 6.16 percentage points compared to the previous year[49] - The company reported a net profit margin of approximately 10.0% for 2022, compared to 8.5% in 2021[183] Cash Flow and Assets - The net cash flow from operating activities was RMB 68,055,479.09, a significant recovery from a negative cash flow of RMB -22,196,565.29 in 2021[22] - The total assets at the end of 2022 were RMB 1,257,147,963.08, down 10.77% from RMB 1,408,816,743.32 in 2021[22] - Cash and cash equivalents were reported at RMB 21,031,111.01, significantly lower than RMB 149,544,532.88 in 2021, representing a decline of approximately 86.93%[175] - The ending balance of cash and cash equivalents was 13,177,130.41 in 2022, down from 136,555,362.45 in 2021, indicating a substantial decrease of about 90.3%[192] Market and Industry Trends - The automotive industry in China saw production and sales of 27.02 million and 26.86 million vehicles respectively in 2022, with a year-on-year growth of 3.4% and 2.1%[30] - The production and sales of new energy vehicles (NEVs) in 2022 were 7.058 million and 6.887 million units, marking a year-on-year increase of 96.9% and 93.4%[71] - The domestic market share of NEVs increased to 25.6%, up by 12.1 percentage points from the previous year, while global sales accounted for over 60%[71] Strategic Initiatives and Developments - The company successfully expanded its market presence in the new energy vehicle sector, targeting major clients and achieving a breakthrough in market expansion[31] - The company completed a mixed-ownership reform with Taizhou Financial Holding Group, enhancing its capital operation capabilities[31] - The company implemented strict cost control measures, optimizing supply chain management to mitigate cost pressures and improve profitability[31] - The company introduced advanced equipment to enhance production capacity and upgrade its operations, leading to improved R&D capabilities[31] Research and Development - The company holds 28 patents related to core technologies, including 8 invention patents and 20 utility model patents, showcasing its strong technical development capabilities[39] - The company established two new development departments in its R&D center to enhance its capabilities in developing frameless sealing strips for electric vehicles, meeting market demands[34] - Research and development expenses for 2022 amounted to CNY 36,365,433.00, slightly down from CNY 37,260,944.80 in 2021[187] Governance and Shareholder Relations - The company maintained active communication with investors, holding over 50 performance exchange meetings throughout the year, enhancing investor understanding and recognition[36] - The company has a commitment to maintaining transparency and governance through regular shareholder meetings and reports[82] - The company has undergone significant changes in its board and supervisory committee, with multiple elections for independent and non-independent directors[84] Future Outlook and Commitments - The company plans to expand its market share in the NEV sector by focusing on key clients and developing frameless sealing strips, with a target of producing 1 million sets annually[75] - The company has performance commitments for the years 2022, 2023, and 2024, with net profit targets of RMB 117 million, RMB 129 million, and RMB 142 million respectively, totaling RMB 388 million[127] - The company provided a revenue guidance for 2023, expecting to achieve between 1.6 billion and 1.8 billion, indicating a growth of 7% to 20%[90] Environmental and Social Responsibility - The company invested 2,234,900 yuan in environmental protection during the reporting period[120] - The company reduced carbon emissions by 1,241 tons through various measures, including the establishment of a photovoltaic power generation base that generated 1,764,106 kWh of electricity in 2022[124] - The company made a total donation of 900,000 yuan for public welfare projects during the reporting period[125]