712 Corp.(SH:603712)2023-03-30 16:00Financial Performance - The company achieved a net profit attributable to shareholders of RMB 774,915,942.07 in 2022, representing an increase of 11.09% compared to RMB 697,559,247.90 in 2021[14]. - Total operating revenue for 2022 was RMB 4,039,623,590.34, reflecting a year-on-year growth of 16.99% from RMB 3,452,894,374.41 in 2021[14]. - Basic earnings per share (EPS) for 2022 was RMB 1.00, up 11.11% from RMB 0.90 in 2021[15]. - The diluted EPS also stood at RMB 1.00, reflecting the same percentage increase of 11.11%[15]. - The weighted average return on equity (ROE) decreased to 19.50%, down 1.58 percentage points from 21.08% in 2021[15]. - The gross margin for the specialized wireless communication industry was 46.63%, a decrease of 2.64 percentage points compared to the previous year[30]. - The company reported a significant increase in revenue, achieving a total of 10 billion in 2022, representing a year-over-year growth of 15%[64]. - The net profit for 2022 reached approximately ¥776.49 million, compared to ¥701.07 million in the previous year, indicating a year-over-year increase of around 10.7%[152]. Cash Flow and Liquidity - The net cash flow from operating activities decreased significantly by 86.91% to RMB 44,857,156.71 in 2022, down from RMB 342,613,329.88 in 2021[14]. - Cash and cash equivalents increased by 116.13% to ¥894,018,661.82, up from ¥413,646,840.52 in the previous period, primarily due to increased collections at the end of the period[43]. - The company reported a significant decrease in net cash flow from operating activities, amounting to CNY 44,857,156.71, down 86.91% from the previous year[28]. - Cash inflow from operating activities was approximately ¥3.00 billion in 2022, down from ¥3.19 billion in 2021, a decrease of about 5.9%[156]. - The ending balance of cash and cash equivalents was 783,525,863.69 RMB, up from 301,126,760.71 RMB at the beginning of the year[159]. Assets and Liabilities - The company's total assets increased by 14.53% to RMB 9,823,345,241.62 at the end of 2022, compared to RMB 8,577,298,525.06 at the end of 2021[14]. - Total liabilities amounted to RMB 5,448,865,772.40, up from RMB 4,937,877,809.28, which is an increase of approximately 10.4%[146]. - The company's equity attributable to shareholders reached RMB 4,307,230,261.06, compared to RMB 3,632,104,847.33, representing a growth of around 18.6%[147]. - Accounts receivable rose significantly to RMB 2,758,441,590.71 from RMB 1,953,119,101.07, marking an increase of approximately 41.2%[145]. - The company's inventory decreased to RMB 3,454,626,322.22 from RMB 3,650,451,593.39, showing a decline of about 5.4%[145]. Research and Development - Research and development expenses amounted to CNY 809,375,059.94, reflecting a growth of 3.57% compared to the previous year[28]. - The company maintains a high R&D investment ratio of over 20%, ensuring its technological leadership and innovation capabilities[27]. - The number of R&D personnel reached 1,128, making up 49.58% of the total workforce[39]. - The company plans to maintain a high ratio of R&D investment to improve independent innovation capabilities and accelerate the conversion of research results[54]. - The company is focused on enhancing R&D efficiency and accelerating core technology breakthroughs in military wireless communication, focusing on anti-jamming technologies for airspace[54]. Market and Business Development - The company successfully completed a major project in military communication, enhancing its capabilities in aviation communication systems[21]. - The company secured contracts for satellite communication and navigation equipment, indicating strong market prospects in these areas[21]. - The company is focusing on the development of next-generation communication key technologies, with a complete research and production capability layout to meet user needs[25]. - The company is actively developing new generation rail transit wireless communication products, laying the foundation for expanding market share[25]. - The company aims to enhance its sustainability initiatives, targeting a 50% reduction in carbon emissions by 2030[64]. Governance and Compliance - The company has received a standard unqualified audit report from its auditing firm, Lixin Certified Public Accountants[2]. - The company held three shareholder meetings during the reporting period, ensuring compliance with legal requirements and facilitating shareholder participation[57]. - The board of directors convened six times, maintaining a rigorous governance structure and ensuring the protection of shareholder interests[58]. - The company is committed to ensuring compliance with legal regulations in all related party transactions and maintaining transparency in its operations[79]. - The company has committed to maintaining the independence of its controlling shareholder, ensuring no misuse of funds or interference in operational decisions[109]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 17,566, down from 20,830 at the end of the previous month[126]. - The largest shareholder, Tianjin Zhibo Intelligent Technology, holds 370,167,500 shares, representing 47.95% of the total shares, with a decrease of 5,305,700 shares during the reporting period[127]. - The total remuneration for directors (excluding independent directors), supervisors, and senior management during the reporting period amounted to 8.2636 million yuan, while independent directors received a total of 482,400 yuan[71]. - The company has not reported any changes in shareholding for the Vice Chairman and other directors during the reporting period[63]. - The company has not faced any delisting risks or bankruptcy restructuring matters during the reporting period[112]. Environmental and Social Responsibility - The company invested 1.536 million yuan in environmental protection during the reporting period[98]. - The company has established a complete environmental management system and obtained ISO14001 certification[99]. - The company was recognized as a "National Green Factory" and a benchmark unit for energy conservation and carbon reduction in 2022[101]. - The company has actively promoted energy-saving and carbon reduction knowledge among employees to enhance environmental awareness[103]. - The company has made significant investments in pollution prevention and control, continuously improving its environmental monitoring management plan[103].