凯立新材(688269) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was CNY 1,882.20 million, representing an increase of 18.43% compared to CNY 1,589.33 million in 2021[23]. - The net profit attributable to shareholders for 2022 was CNY 221.11 million, a growth of 36.02% from CNY 162.56 million in 2021[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 213.71 million, up 48.87% from CNY 143.56 million in 2021[23]. - The net cash flow from operating activities for 2022 was CNY 98.10 million, a significant increase of 105.20% compared to CNY 47.81 million in 2021[23]. - The total assets at the end of 2022 were CNY 1,529.22 million, reflecting a 32.33% increase from CNY 1,155.58 million at the end of 2021[23]. - The net assets attributable to shareholders at the end of 2022 were CNY 969.84 million, an increase of 15.18% from CNY 842.03 million at the end of 2021[23]. - The basic earnings per share for 2022 were CNY 1.69, up 19.01% from CNY 1.42 in 2021[24]. - The diluted earnings per share for 2022 were also CNY 1.69, consistent with the basic earnings per share[24]. - The company achieved a main business revenue of 1,849.34 million RMB, a year-on-year increase of 17.03%[102]. - The net profit attributable to shareholders was 221.11 million RMB, reflecting a growth of 36.02% compared to the previous year[102]. - Operating income increased by 18.43% to 1,882.20 million RMB, while operating costs rose by 15.81% to 1,543.99 million RMB[103]. Research and Development - The R&D investment as a percentage of operating revenue was 3.03% in 2022, a slight decrease from 3.18% in 2021[24]. - The total R&D investment for the year was CNY 57.12 million, an increase of 12.89% compared to the previous year, representing 3.03% of total revenue[63]. - The company invested RMB 57.12 million in research and development during the reporting period, resulting in 28 new patents, including 27 invention patents[34]. - The company has established a research and development model that combines independent research with collaborative efforts, focusing on both short-term and long-term scientific goals[41]. - The company is actively engaged in the research and development of new catalyst technologies to address industry challenges and enhance its competitive edge[42]. - The company has developed various catalysts, including mercury-free PVC catalysts, fuel cell catalysts, and hydrogen production catalysts, enhancing its product range and application fields[54]. - The company has developed a green synthesis process for platinum-carbon catalysts used in fuel cells, completing the transition from laboratory trials to kilogram-level batch production in 2022[136]. - The company is focusing on reducing the amount of precious metals in catalysts while maintaining performance, leading to the development of high-quality low-content precious metal catalysts[135]. Profit Distribution and Dividends - The company plans to distribute a cash dividend of 7.00 RMB per 10 shares, totaling approximately 91.49 million RMB (including tax) based on a total share capital of 130,704,000 shares as of December 31, 2022[5]. - The board of directors has approved the profit distribution plan, pending shareholder meeting approval[5]. - The company has not implemented any capital reserve transfers or stock dividends in its profit distribution plan[5]. - The cash dividend distribution for 2022 is based on the total share capital at the time of the rights distribution[200]. - The company aims to maintain a stable profit distribution policy while considering sustainable development and investor returns[198]. - The company's profit distribution decision-making process involves management, the board of directors, and requires approval from the shareholders' meeting[199]. Governance and Compliance - The governance structure includes a clear division of responsibilities among the shareholders' meeting, board of directors, and supervisory board, ensuring compliance with relevant laws and regulations[164]. - The board of directors has established various committees, including a strategy committee, audit committee, and compensation and assessment committee, to enhance governance effectiveness[164]. - The company has implemented a series of governance systems and continuously revises them according to regulatory requirements, ensuring a coordinated and balanced governance structure[165]. - The company has not faced any penalties from securities regulatory agencies in the past three years, indicating compliance with regulations[184]. Market and Strategic Development - The company is focusing on diversifying its technology service models, which has led to increased technical service revenue[112]. - The company is committed to developing new markets and users, adhering to the dual circulation strategy to boost international market development and grow into a renowned international enterprise[162]. - The company aims to enhance its catalyst performance and develop specialized catalysts to meet customer needs, thereby driving stable growth in catalyst sales[39]. - The company is actively expanding into new fields such as basic chemicals and environmental new energy, with multiple new products and technologies launched during the reporting period[50]. - The company is committed to achieving carbon neutrality goals by developing catalysts for industrial wastewater treatment and air purification, as well as hydrogen fuel cell applications[160]. Operational Efficiency and Production - The company is enhancing collaboration with domestic universities and research institutions to bolster its technological innovation strategy[158]. - Continuous optimization of production processes is emphasized, including automation and intelligent upgrades to improve stability, continuity, and scale of production, thereby enhancing market efficiency and product quality while reducing costs[162]. - The company has established a complete R&D and production service industry chain, enhancing its innovation-driven development model[92]. - The company is committed to enhancing the efficiency of its production processes, including the recovery and purification of precious metals from waste catalysts[139]. Customer and Supplier Relations - The company serves nearly 1,000 downstream customers, including over 100 A-share listed companies, indicating a large and high-quality user base[48]. - The top five customers contributed sales of 66,608.44 million yuan, accounting for 36.02% of total annual sales, with customer E becoming a new major client due to increased demand for homogeneous catalysts[113][114]. - The top five suppliers accounted for 91,755.59 million yuan in purchases, representing 54.32% of total annual procurement, with suppliers D and E added to the list due to their timely supply capabilities[115][119]. Investment and Financial Strategy - The company plans to apply for comprehensive credit financing from domestic banks for the year 2022, indicating a strategy for financial support and growth[166]. - The company has made a total investment of RMB 8,613 million in external equity investments during the reporting period, with significant investments in Xi'an Younait and Tongchuan Kaili[151]. - The company is exploring potential mergers and acquisitions to enhance its technological capabilities and market presence[173].