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宏微科技(688711) - 2022 Q4 - 年度财报
MACMICMACMIC(SH:688711)2023-04-25 16:00

Financial Performance - The company achieved operating revenue of RMB 926,083,797.83 in 2022, an increase of 68.18% compared to 2021[23]. - Net profit attributable to shareholders was RMB 78,708,087.33, reflecting a year-on-year increase of 14.35%[24]. - The net profit after deducting non-recurring gains and losses was RMB 60,376,686.35, up 40.49% year-on-year, driven by strong order intake and improved production capacity[24]. - Total assets reached RMB 1,688,986,350.17 at the end of 2022, a 31.88% increase from the beginning of the year, attributed to expanded sales and capacity enhancement[25]. - The company reported a net cash flow from operating activities of -RMB 81,394,059.48, primarily due to increased cash payments for raw materials and operational expenses[25]. - Basic earnings per share for 2022 were RMB 0.57, a decrease of 4.71% from 2021[24]. - The gross profit margin for the main business was 20.63%, with raw material costs accounting for over 78.00% of total costs[66]. - The company’s main business revenue was 92,083.25 million CNY, with a growth rate of 69.11% year-on-year[74]. - The company's main business revenue from power semiconductor devices reached approximately ¥920.83 million, with a gross margin of 20.63%, a decrease of 1.18 percentage points compared to the previous year[75]. Dividend and Share Capital - The company plans to distribute a cash dividend of 0.64 RMB per 10 shares, totaling approximately 8,825,002.75 RMB based on a total share capital of 137,890,668 shares as of December 31, 2022, resulting in a cash dividend payout ratio of 11.21%[5]. - The company will issue 1 bonus share for every 10 shares held, increasing the total share capital to 151,679,735 shares after the distribution[5]. - The total share capital after the proposed stock dividend of 1 share for every 10 shares will increase to 151,679,735 shares[165]. Research and Development - The R&D expenditure accounted for 6.94% of operating revenue, slightly up from 6.88% in 2021[24]. - The total R&D expenditure increased by 69.59% year-on-year, amounting to ¥64,277,954.25, reflecting the orderly progress of ongoing projects[52]. - The company has developed over 80 types of IGBT and FRED chips, and more than 300 types of modules, with current ratings from 3A to 1000A and voltage ratings from 60V to 2000V[115]. - The company is investing heavily in R&D and capacity enhancement to seize market opportunities in emerging industries like electric vehicles and renewable energy[41]. - The company has established a strong R&D team with advanced design capabilities in IGBT and FRED chips, contributing to its competitive advantage[62]. Market and Industry Outlook - The power semiconductor industry is experiencing stable growth, driven by applications in electric vehicles, renewable energy, and smart grids, with significant market opportunities arising from the "carbon neutrality" strategy[41]. - The demand for IGBT modules in the electric vehicle sector is expected to significantly increase due to the rapid growth of the market[112]. - The market size for SiC power devices is expected to exceed 10 billion USD by 2027, with a compound annual growth rate of nearly 40% from 2018 to 2027[113]. - The company plans to leverage the growing demand in the renewable energy sector, particularly in photovoltaic and wind power applications, to drive IGBT market growth[112]. Governance and Compliance - The company has established a governance structure that complies with legal requirements, enhancing its management and operational standards[125]. - The independent directors and supervisory board members are actively involved in monitoring the company's compliance with laws and regulations[126]. - The company has not faced any penalties from securities regulatory authorities in the past three years, reflecting compliance[145]. - The company maintains a clear separation from its controlling shareholder in terms of personnel, assets, finance, and operations, ensuring independent business operations[127]. Environmental and Social Responsibility - The company has invested ¥2.56 million in environmental protection during the reporting period[183]. - The company achieved a reduction of 442 tons in carbon emissions through various measures, including the installation of a photovoltaic power generation system[191]. - The company has actively promoted energy-saving and low-carbon initiatives, integrating them into its operational management[192]. - The company is focused on the research and development of power semiconductor solutions, which are essential for achieving carbon neutrality goals[197]. - The company has contributed a total of 250,000 CNY in donations, including 50,000 CNY to local emergency response and 200,000 CNY to the Red Cross[200].