Keli Sensing Technology (Ningbo) (SH:603662)2023-04-27 16:00Financial Performance - The company achieved a net profit attributable to shareholders of RMB 260,240,359.33 for the year 2022, with a year-end distributable profit of RMB 906,164,405.46[5]. - The proposed cash dividend is RMB 2.77 per 10 shares (including tax), totaling RMB 78,390,526.88, which represents 30.12% of the net profit attributable to shareholders[5]. - The company's total revenue for 2022 was approximately RMB 1,031,129,787, representing a year-over-year increase of 2.85% compared to RMB 1,060,502,208 in 2021[22]. - The net profit attributable to shareholders for 2022 was RMB 260,240,359, reflecting a growth of 3.58% from RMB 251,243,961 in 2021[22]. - The basic earnings per share for 2022 was RMB 0.92, an increase of 3.37% compared to RMB 0.89 in 2021[22]. - The weighted average return on equity decreased to 11.64% in 2022, down by 0.69 percentage points from 12.33% in 2021[22]. - The net cash flow from operating activities for 2022 was RMB 177,231,257, a decrease of 12.37% from RMB 202,244,381 in 2021[22]. - The total assets at the end of 2022 amounted to RMB 2,999,490,404, marking a year-over-year increase of 17.99% from RMB 2,434,712,121 in 2021[22]. - The net assets attributable to shareholders at the end of 2022 were RMB 2,096,208,437, which is a 9.43% increase from RMB 1,911,712,017 in 2021[22]. - The company reported a decrease of 10.61% in the basic earnings per share after deducting non-recurring gains and losses, which was RMB 0.59 in 2022 compared to RMB 0.66 in 2021[22]. Operational Highlights - The company is advancing the construction of three manufacturing bases in Ningbo, Zhengzhou, and Anhui, with the Ningbo factory expected to be operational by March 2023[30]. - The company has established a sensor industry brain platform, expected to officially launch on January 6, 2023, focusing on eight business scenarios[34]. - The company invested in multiple sensor and IoT companies to strengthen its strategic investment layout, including Shenzhen Jiutong IoT Technology Co., Ltd.[33]. - The company’s industrial park in Ningbo achieved sales revenue of 1.81 billion yuan in 2022, with an occupancy rate exceeding 99%[32]. - The company is focusing on the integration of multiple physical quantity sensors, which is becoming a major trend in the industry[37]. - The company is committed to enhancing its capabilities in automation, information technology, and intelligence, aiming for a "no-manufacturing factory" model[30]. Research and Development - The company has a total of 727 patents and 424 software copyrights, indicating a strong focus on innovation and technology development[46]. - The company’s R&D expenses increased by 42.40% to CNY 84.94 million, reflecting a commitment to enhancing product development capabilities[50]. - The company is investing in R&D for new technologies, with a budget allocation of 500.00 million for software and AI development[80]. - The company is focusing on enhancing its software development capabilities, particularly in AI and machine learning applications[78]. Market Strategy - The company plans to expand its market presence through the development of smart hardware and remote monitoring solutions[76]. - The company is focusing on automating equipment and building digital factories, with key projects in Ningbo and Zhengzhou, aiming to enhance efficiency and control working hours[95]. - The company aims to establish a strategic investment layout centered around Shenzhen, Ningbo, and Zhengzhou, with a focus on building a second headquarters in Shenzhen[91]. - The company plans to implement a sales strategy that includes enhancing the capabilities of domestic sales teams and expanding international trade efforts, including establishing overseas warehouses[94]. Governance and Compliance - The company has established a governance structure consisting of the shareholders' meeting, board of directors, supervisory board, and senior management, ensuring a coordinated and balanced mechanism among these entities[107]. - The supervisory board actively supervises the legality and compliance of the company's financial activities and the actions of directors and senior management, maintaining the rights of shareholders[108]. - The company has implemented a relatively complete internal management and control system across various operational areas, including technology research and development, procurement, and financial accounting[108]. - The company has established specialized committees within the board of directors, enhancing decision-making efficiency and compliance[107]. Environmental and Social Responsibility - The company has developed a comprehensive environmental management system in accordance with GB/T24001-2016/ISO14001:2015 standards[154]. - The company implemented carbon reduction measures, successfully reducing carbon dioxide equivalent emissions by 3,189 tons through clean energy generation[156]. - Total charitable contributions amounted to 3 million CNY, including 2 million CNY to Zhenhai Middle School and 1 million CNY to Wuhan University for research funding[158]. - The company invested 100,000 CNY in December 2022 to support rural revitalization efforts in Ningbo[158]. Shareholder and Executive Compensation - The total pre-tax compensation for all listed executives during the reporting period amounted to 527.67 million yuan[116]. - The company has seen significant changes in shareholding among its executives, with several increases attributed to capital reserve conversions[113]. - The company is actively engaging in equity incentive plans to attract and retain talent, as evidenced by the issuance of shares to new executives[113]. - The company has implemented a performance-oriented salary management and incentive mechanism to enhance employee compensation competitiveness[138]. Financial Management and Investments - The company has entrusted financial management with a total amount of 28 million RMB from raised funds and 23 million RMB from self-owned funds in broker products[187]. - The overdue amount for broker products from self-owned funds is 15 million RMB, while the overdue amount for raised funds is 7 million RMB[187]. - The company has invested 146.6 million RMB in trust products with no overdue amounts[187]. - The company has a total of 40.5 million RMB in other self-owned funds, with an overdue amount of 33 million RMB[187].