Alcha(SZ:002160)2023-04-28 16:00Financial Performance - The company's operating revenue for 2022 was CNY 6,784,808,655.03, representing an increase of 8.85% compared to CNY 6,233,353,171.94 in 2021[27]. - The net profit attributable to shareholders was a loss of CNY 375,412,432.33, a decrease of 461.20% from a profit of CNY 103,935,477.08 in the previous year[27]. - The net cash flow from operating activities was a negative CNY 143,001,619.31, worsening by 83.92% compared to a negative CNY 77,751,890.51 in 2021[27]. - The total assets at the end of 2022 amounted to CNY 8,370,560,896.88, an increase of 17.88% from CNY 7,100,616,697.41 at the end of 2021[27]. - The net assets attributable to shareholders increased to CNY 3,584,293,300.54, up 13.82% from CNY 3,149,201,326.74 in 2021[27]. - The basic earnings per share for 2022 was -CNY 0.4719, a decline of 461.33% from CNY 0.1306 in 2021[27]. - The weighted average return on net assets was -12.69%, down 16.04% from 3.35% in the previous year[27]. - In 2022, the company achieved a total revenue of 6.785 billion, representing a year-on-year growth of 8.85%[48]. - The net profit attributable to shareholders was approximately -375 million, a decrease of 461.20% compared to the previous year[48]. Operational Highlights - The company's main business, aluminum processing, accounted for about 91% of total operating revenue in 2022[42]. - The production of aluminum plate and strip in China reached 13.8 million tons in 2022, a year-on-year increase of 3.4%[40]. - The production of battery foil in China saw a significant increase of 100% year-on-year, reaching 280 tons[40]. - The company experienced substantial fluctuations in aluminum prices in 2022, impacting operational risks[41]. - The company received government subsidies amounting to CNY 12.11 million in 2022, up from CNY 10.93 million in 2021[35]. - The company is focusing on expanding its product offerings in the new energy vehicle sector, with aluminum consumption in this sector expected to rise from 3.8% to 29.4% by 2030[40]. - The company plans to continue extending its operations downstream in the aluminum processing industry, targeting sectors like new energy battery casings and aluminum automotive parts[39]. Research and Development - The company maintains a strong R&D capability with national-level research platforms, ensuring its technological leadership in the industry[45]. - R&D expenses surged by 59.41% to ¥332,644,164.11 in 2022 compared to ¥208,669,490.84 in 2021, driven by increased project investments[60]. - The company is developing high-precision electric core for new energy vehicles, aiming to enhance core competitiveness and increase market share[63]. - Ongoing research includes the development of energy-saving oil coolers and U-shaped heat exchangers, with batch production expected to improve economic efficiency[63]. - The company has completed the development of a flexible formula management program, which significantly increases the operability and flexibility of the liquid mixing system[63]. - A new energy-saving device for monitoring temperature and humidity has been developed, which can lower initial investment costs while ensuring uniqueness[63]. - The company is working on an emergency integrated purification treatment device that allows real-time parameter adjustments based on user needs[64]. Market and Customer Insights - The company’s revenue from mainland China was approximately 5.224 billion, accounting for 77.00% of total revenue, with a year-on-year growth of 5.43%[51]. - The revenue from overseas markets was approximately 1.560 billion, representing a significant year-on-year increase of 22.08%[51]. - User data indicates an increase in customer base by 20% in 2022, reaching a total of 500,000 active users[114]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% increase in market share by 2025[114]. Governance and Compliance - The company has established a comprehensive governance structure to protect the rights of shareholders and creditors, ensuring fair and transparent information disclosure[157]. - The company is focused on strengthening operational compliance to protect the interests of minority shareholders[123]. - The board includes a mix of current and former members, with a total of 465.26 million CNY in remuneration distributed among them[126]. - The company has implemented measures to enhance compliance with securities regulations following the warning received by Zhu Ming[123]. - The board's decision-making process is transparent, with all resolutions disclosed in accordance with regulatory requirements[127][128]. Future Outlook and Strategy - The company plans to invest in new technologies to improve operational efficiency and product offerings[111]. - The management indicated a positive outlook for future growth, aiming for a revenue increase in the upcoming fiscal year[111]. - The company is exploring potential mergers and acquisitions to strengthen its market position[111]. - The company has set performance guidance for the next fiscal year, anticipating a growth rate of approximately 10%[111]. - The company is committed to enhancing shareholder value through strategic initiatives and operational improvements[111]. Environmental and Social Responsibility - The company has established waste gas treatment facilities to ensure compliance with pollution discharge standards[152]. - The company has implemented an annual self-monitoring plan for environmental protection, which is filed with the environmental protection department[153]. - The company reported zero instances of exceeding pollution discharge limits during the reporting period[151]. - The company actively participates in social welfare activities, contributing to poverty alleviation and supporting disadvantaged groups[160].