NANCAL(SH:603859)2023-04-17 16:00Financial Performance - The company reported a basic earnings per share of CNY 1.20 for 2022, representing a 15.38% increase compared to CNY 1.04 in 2021[22]. - The diluted earnings per share also stood at CNY 1.20, reflecting the same 15.38% growth year-over-year[22]. - The weighted average return on equity decreased to 8.18% in 2022, down by 0.31 percentage points from 8.49% in 2021[22]. - The net profit attributable to shareholders for the full year 2022 was CNY 198,224,382.83, reflecting a year-on-year increase of 24.33%[35]. - Net profit attributable to shareholders increased by 24.33% year-on-year, reaching 198.22 million yuan[58]. - The net profit margin for 2022 was not explicitly stated but is implied to be impacted by the decision to retain earnings for growth initiatives[10]. - The company achieved operating revenue of 1,235.46 million yuan, a year-on-year increase of 8.29%[65]. - The company reported a net cash flow from operating activities of 110.87 million yuan, a significant increase of 124.14% year-on-year[128]. - The company’s financial report received a standard unqualified audit opinion from Tianyuan Certified Public Accountants[9]. Shareholder Actions - The company did not distribute profits for the 2022 fiscal year, with retained earnings primarily allocated for ongoing technology research and development, production expansion, and capital operations[10]. - The total amount spent on share repurchase was CNY 47,000,692.88, which accounted for 23.71% of the net profit attributable to shareholders[10]. - The company repurchased 1,701,800 shares, representing 1.02% of the total share capital, at an average price of 27.61 yuan per share[74]. - The company launched the employee stock ownership plan in 2022, purchasing 963,615 shares at an average price of ¥24.905 per share, representing 0.58% of the total share capital[100]. Revenue and Growth - In Q4 2022, the company's operating revenue reached CNY 426,154,625.66, with a net profit attributable to shareholders of CNY 89,040,302.18, marking a significant increase from previous quarters[24]. - The company's cloud products and services generated revenue of CNY 20,530,000, accounting for 16.62% of total revenue, with a gross margin close to 60%[45]. - The automotive and rail transportation sector achieved revenue of CNY 16,254,000, representing a year-on-year growth of 13.33%[49]. - Revenue from software systems and services was 758.75 million yuan, accounting for 61.41% of total revenue[65]. - Revenue from the high-tech electronics and 5G sector reached 264.90 million yuan, a year-on-year growth of 20.41%[69]. - The company expanded its business in South China and East China, with growth rates of 33.75% and 26.11% respectively[73]. Research and Development - Research and development expenses increased by 6.98% year-on-year, mainly due to the amortization of self-developed intangible assets and rising labor costs[131]. - The number of R&D personnel is 1,016, accounting for 77.32% of the total workforce[163]. - Total R&D investment amounted to ¥340,807,304.01, representing 27.59% of operating revenue[178]. - Capitalized R&D investment accounted for 74.55% of total R&D expenditure[178]. - The company completed the development of over 20 enterprise applications under the Lezao® brand, supporting various business processes in manufacturing[50]. Strategic Focus - The company plans to focus on continuous technology development and market expansion as part of its future strategy[10]. - The company is focused on becoming a digital transformation partner for manufacturing enterprises, leveraging its self-developed cloud-native platform[78]. - The company aims to provide a one-stop service platform for manufacturing industry practitioners through the 后厂造® intelligent manufacturing community, offering resources, training, and software tools[93]. - The company is focused on improving production management through advanced information technology, aiming to enhance collaboration and reduce production cycles[121]. - The company has established partnerships with major cloud service providers like SAP and Amazon, enhancing its cloud migration capabilities[125]. Market and Industry Insights - The digital economy's core industry value added is expected to account for 10% of GDP by 2025, indicating a significant market opportunity for the company[75]. - The software and information technology service industry in China had over 35,000 enterprises, achieving a total software business revenue of ¥1,081.26 billion, a year-on-year growth of 11.2%[102]. - The enterprise-level SaaS market in China reached ¥79.7 billion in 2022, with a growth rate of 9.5%, and is projected to reach ¥120.1 billion by 2024, with a compound annual growth rate of 18.1% from 2021 to 2024[102]. Operational Efficiency - The company emphasizes the integration of digital twin technology, cloud computing, big data, and artificial intelligence to enhance operational efficiency and product lifecycle management[103]. - The advanced planning and scheduling system helps optimize resource management and production processes, providing features like bottleneck resource identification and KPI analysis[89]. - The company integrates various data sources to enhance data asset management, enabling efficient sharing and utilization of data across departments[96]. - The quality assurance management system provides comprehensive quality control features, including quality audits and defect management, supporting lifecycle management[114]. Financial Position - The company's total assets at the end of 2022 were CNY 3,127,000,906.28, an increase of 8.63% compared to the end of 2021[35]. - The company's total liabilities include lease liabilities of ¥19,267,121.37, which increased by 59.82% from ¥12,055,748.06 due to new leases[166]. - The company reported a significant decline in overseas revenue, down 67.39% to ¥6,243,751.64[155]. - The company’s financial expenses decreased by ¥10,892,200.68, mainly due to increased exchange gains[161].