宁波东力(002164) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was ¥1,468,410,958.32, a decrease of 9.06% compared to ¥1,614,661,779.52 in 2021[20]. - The net profit attributable to shareholders for 2022 was ¥328,118,277.90, down 1.36% from ¥332,656,350.55 in the previous year[20]. - The net profit after deducting non-recurring gains and losses was ¥55,799,698.57, a significant decline of 63.06% from ¥151,062,671.94 in 2021[20]. - The net cash flow from operating activities was negative at -¥18,825,804.63, a decrease of 109.20% compared to ¥204,691,901.81 in 2021[20]. - The basic earnings per share for 2022 was ¥0.62, a slight decrease of 1.59% from ¥0.63 in 2021[20]. - The total assets at the end of 2022 were ¥2,309,938,635.00, a decrease of 2.03% from ¥2,357,777,498.65 at the end of 2021[20]. - The net assets attributable to shareholders increased by 34.21% to ¥1,287,549,693.09 from ¥959,380,661.16 in 2021[20]. - The weighted average return on equity was 29.21%, down 12.75 percentage points from 41.96% in the previous year[20]. Subsidiary Performance - The subsidiary Dongli Transmission reported operating revenue of 1.326 billion yuan, a decline of 12.43%, and a net profit of 77 million yuan, down 77.48%[35]. - The subsidiary Onik achieved operating revenue of 179 million yuan, a decrease of 1.07%, with a net profit of 29 million yuan, down 22.16%[35]. - The company's subsidiary Dongli Transmission reported a net profit of approximately CNY 76.88 million, contributing over 10% to the overall net profit[71]. - The company's subsidiary Onik Technology achieved a net profit of approximately CNY 29.34 million, also contributing significantly to the overall net profit[71]. Revenue Breakdown - Revenue from the equipment manufacturing industry was ¥1,446,745,917.37, accounting for 98.52% of total revenue, with a year-on-year decrease of 8.74%[39]. - Sales of transmission equipment amounted to ¥1,275,228,552.87, representing 86.84% of total revenue, down 9.47% from the previous year[39]. - Revenue from the mainland region was ¥1,461,826,473.97, which is 99.55% of total revenue, reflecting an 8.78% decline year-on-year[39]. - Direct sales model generated ¥886,256,393.03, accounting for 60.35% of total revenue, a decrease of 10.06% compared to the previous year[39]. - Gross margin for the equipment manufacturing industry was 23.63%, down 3.66% from the previous year[39]. Research and Development - The company holds 106 patents, including 17 invention patents, and has established partnerships with renowned academic institutions for research and development[33]. - Research and development expenses were ¥66,557,680.19, a slight increase of 0.97% compared to ¥65,920,895.52 in 2021[47]. - R&D investment amounted to ¥66,557,680.19 in 2022, representing a 0.97% increase from ¥65,920,895.52 in 2021, and accounted for 4.53% of operating revenue, up from 4.08%[49]. - The number of R&D personnel increased to 212 in 2022, a 1.43% rise from 209 in 2021, with the proportion of R&D staff remaining stable at 11.80%[49]. Cash Flow and Investments - Operating cash inflow decreased by 13.84% to ¥772,477,481.91 in 2022, while cash outflow increased by 14.37% to ¥791,303,286.54, resulting in a net cash flow from operating activities of -¥18,825,804.63[50]. - Investment cash outflow surged by 162.48% to ¥618,630,565.55, primarily due to cash payments for the acquisition of Dongli New Energy[51]. - Financing cash inflow rose by 138.50% to ¥613,936,987.25, mainly from the recovery of bank pledged loan deposits[51]. - The net increase in cash and cash equivalents fell by 177.41% to -¥261,163,469.31, largely due to cash payments for the acquisition of Dongli New Energy[51]. - Investment income significantly increased by 94.52% to ¥322,002,640.42, primarily due to received court execution payments[54]. Acquisitions and Strategic Moves - The company acquired 100% equity of Dongli New Energy in July 2022, which was included in the consolidated financial statements from August 1, 2022[44]. - The company has acquired Ningbo Dongli New Energy Equipment Co., optimizing production layout and expanding capacity[71]. - In July 2022, the company acquired 100% equity of Ningbo Dongli New Energy Equipment Co., Ltd. for cash consideration of 380 million yuan to optimize production layout and enhance competitiveness[152]. Governance and Compliance - The company has a governance structure with a board of directors, supervisors, and senior management, ensuring professional oversight and management[99]. - The total remuneration for directors, supervisors, and senior management in 2022 amounted to CNY 9.576 million, an increase from CNY 8.749 million in the previous year[101]. - The company faced disciplinary actions from the Shenzhen Stock Exchange on March 11, 2022, including a public reprimand for the company and certain executives[100]. - The company has committed to improving compliance with laws and regulations to ensure accurate and timely information disclosure[145]. - The company has not faced any administrative penalties due to environmental issues during the reporting period and has been recognized as a national-level green factory[124]. Shareholder Information - The total number of shareholders at the end of the reporting period was 51,773, with a significant concentration of shares held by major shareholders[170]. - Dongli Holding Group Co., Ltd. holds 26.03% of shares, totaling 138,500,000 shares, with 125,000,000 shares pledged[170]. - The limited sale shares were released on May 13, 2022, with no shares remaining under restriction post-release[168]. - The company did not engage in any repurchase transactions during the reporting period, indicating stable shareholder confidence[176]. Legal Matters - The company has received lawsuits totaling CNY 35.33 million from investors, with an estimated loss of CNY 3.5 million expected based on judicial practices[81]. - The total amount involved in the litigation is approximately 24,073.69 million RMB, with expected liabilities confirmed[140]. - The company faced disciplinary actions due to significant asset restructuring and information disclosure issues, leading to penalties for key executives[145]. Employee and Social Responsibility - The total number of employees at the end of the reporting period is 1,797, with 1,203 in production, 127 in sales, 212 in technical roles, 21 in finance, 78 in administration, and 156 in other categories[110]. - The company established a charity fund and donated a total of 1.6 million yuan during the reporting period to support various social initiatives[127]. - In 2022, the company contributed a total of 550,000 yuan to poverty alleviation and rural revitalization efforts[128].