Libert(SH:605167)2023-04-02 16:00Financial Performance - The company's operating revenue for 2022 was ¥1,721,123,891.21, a decrease of 13.21% compared to ¥1,983,072,362.25 in 2021[24]. - The net profit attributable to shareholders for 2022 was ¥137,092,733.36, an increase of 25.25% from ¥109,453,877.77 in 2021[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥132,437,275.83, up 46.66% from ¥90,299,349.73 in 2021[24]. - The net cash flow from operating activities for 2022 was ¥419,191,297.18, a significant increase of 179.92% compared to ¥149,752,822.78 in 2021[24]. - The total assets at the end of 2022 were ¥2,735,490,709.76, representing a 24.46% increase from ¥2,197,905,443.59 at the end of 2021[24]. - The net assets attributable to shareholders at the end of 2022 were ¥1,463,731,165.54, an increase of 8.74% from ¥1,346,039,364.33 at the end of 2021[24]. - Basic earnings per share increased by 6.90% to CNY 0.31 in 2022 compared to CNY 0.29 in 2021[25]. - The weighted average return on equity decreased by 0.77 percentage points to 9.69% in 2022 from 10.46% in 2021[25]. - The total amount of non-recurring gains and losses for 2022 was CNY 4,655,457.53, a decrease from CNY 19,154,528.04 in 2021[30]. Revenue and Sales - Quarterly revenue for Q4 2022 reached CNY 705,805,824.54, marking a significant increase from CNY 256,071,578.98 in Q1 2022[27]. - The total revenue for the year 2022 was significantly bolstered by the company's strategic focus on customized project construction services[32]. - Domestic sales accounted for RMB 1,525,130,746.86, with a gross profit margin of 19.68%, while foreign sales were RMB 188,420,562.80, with a gross profit margin of 18.37%, reflecting a significant decline of 41.94% in foreign sales[64]. - The engineering services segment generated RMB 1,325,631,186.99 in revenue, with a gross profit margin of 19.37%, showing an increase of 6.80 percentage points year-on-year[63]. - The industrial module design and manufacturing segment had a revenue of RMB 387,920,122.67, with a gross profit margin of 20.10%, which decreased slightly by 0.03 percentage points compared to the previous year[63]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥0.35 per 10 shares (including tax) for the 2022 fiscal year[5]. - The total cash dividend amount, including share repurchase, is approximately 35 million RMB, accounting for 25.53% of the net profit attributable to ordinary shareholders[133]. Operational Efficiency - The company has established a refined management system that ensures effective project management and quality control throughout the project lifecycle[56]. - The company has a comprehensive service capability across the entire industrial chain, enhancing its competitive advantage in design, manufacturing, and construction[53]. - The modular manufacturing approach allows for significant cost control and quality assurance, reducing project construction cycles and enhancing safety during production[37]. - The company reported a significant increase in revenue, achieving a total of 1.2 billion in Q4 2022, representing a 15% year-over-year growth[110]. Research and Development - The company’s R&D expenses decreased by 10.13% to CNY 20,277,660.49[60]. - The company has 124 R&D personnel, accounting for 4.44% of the total workforce[74]. - Research and development investment increased by 25%, totaling 150 million, to support innovation in new technologies[110]. Market Position and Strategy - The company aims to leverage the growing trend of modularization in various industries, particularly in the chemical sector, to enhance its market position[89]. - The company is focusing on expanding its engineering services and modular manufacturing capabilities to meet increasing market demands[90]. - The company plans to strengthen its core competitive advantages through technological innovation and management optimization, targeting steady revenue and profit growth[92]. Environmental Commitment - The company is focusing on sustainability initiatives, committing to reduce carbon emissions by 40% by 2025[110]. - The company has implemented an environmental monitoring system, including online monitoring for pH, COD, and VOCs, with real-time data transmission to environmental protection departments[145]. - The company actively promotes green operations and has achieved ISO 14001:2015 environmental management system certification[147]. Governance and Compliance - The company has established a robust information disclosure system, adhering to regulations and enhancing communication with investors[103]. - The company maintains strong relationships with high-end clients, ensuring a stable order flow and reducing reliance on single customer types[54]. - The company has not engaged in any related party transactions that could compromise its independence[103]. Risks and Challenges - The company faces risks from macroeconomic fluctuations affecting demand in the chemical and energy sectors, which could impact its operations[95]. - The company is exposed to procurement price volatility, particularly in materials and labor, which could affect production costs[95]. - The company recognizes the risk of talent loss due to market competition, which could impact project execution and quality[98]. Shareholder Structure - The total number of shareholders increased from 20,283 to 21,476 during the reporting period[196]. - The largest shareholder, Hong Kong and Stone, held 76,727,336 shares, which were fully released on July 26, 2022[194]. - The shareholder structure reflects a concentration of ownership, with the top two shareholders holding over 56% of the total shares[198].