SNBC(SZ:002376)2023-04-21 16:00Financial Performance - The company's operating revenue for 2022 was ¥2,276,524,176.61, a decrease of 13.95% compared to ¥2,645,650,052.83 in 2021[22]. - The net profit attributable to shareholders was a loss of ¥25,668,128.53, representing a decline of 117.60% from a profit of ¥145,821,718.30 in 2021[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was a loss of ¥26,391,229.58, down 120.81% from ¥126,835,559.68 in 2021[22]. - The total revenue for 2022 was approximately ¥2.28 billion, a decrease of 13.95% compared to ¥2.65 billion in 2021[62]. - The printing and scanning product business generated revenue of 511 million yuan, down 4.91% year-on-year, while overseas revenue increased by 13.91% to 335 million yuan[50][51]. - The intelligent self-service terminal business reported revenue of 486 million yuan, a significant decline of 40.10%, with overseas revenue rising by 61.19% to 198 million yuan[51][52]. - The financial industry scenario solutions generated revenue of 456 million yuan, reflecting a year-on-year growth of 17.53%, with overseas revenue increasing by 112.60% to 211 million yuan[53]. - The logistics automation business generated revenue of ¥240 million, a decline of 43.25% year-on-year[55]. - The company reported a total revenue of 30.78 million in the latest fiscal year, showing a significant increase compared to previous periods[164]. - The company reported a significant increase in revenue, achieving a total of 1.5 billion RMB for the fiscal year 2022, representing a year-over-year growth of 20%[173]. Cash Flow and Investments - The net cash flow from operating activities improved to ¥91,426,423.53, a significant increase of 162.69% from a negative cash flow of ¥145,837,033.61 in 2021[22]. - The net cash flow from investing activities surged by 499.54% year-on-year, mainly due to an increase in the recovery of large time deposits and financial products[83]. - The net cash flow from financing activities decreased by 338.54% year-on-year, primarily due to an increase in bank loan repayments[83]. - The company's monetary funds at the end of 2022 amounted to CNY 921.67 million, representing 15.75% of total assets, an increase of 1.90% from the beginning of the year[86]. - The company invested CNY 100 million during the reporting period, a significant increase of 1,182.05% compared to the previous year[91]. - The company reported a total investment loss of RMB 709.29 million during the reporting period, which includes a fair value change loss of RMB 289.22 million and an investment income loss of RMB 420.07 million[96]. Market Position and Strategy - The company is positioned as a leading provider of intelligent devices and solutions in the "computer, communication, and other electronic equipment manufacturing" industry[32]. - The company aims to become a leading provider of intelligent equipment and solutions, focusing on automation and smart manufacturing across various industries[40]. - The company is focusing on expanding its market presence in emerging regions such as South America and Southeast Asia, while also exploring cross-border e-commerce opportunities[51]. - The company aims to enhance its service operation solutions, leveraging its understanding of retail and logistics scenarios to drive growth[50]. - The company is actively exploring market expansion opportunities and new product development to drive future growth[115]. - The company aims to optimize its supply chain management and improve inventory turnover rates to prevent stockpiling[141]. Research and Development - The company maintained a research and development investment ratio of over 10% of operating income, with a total of 2,057 valid patents, including 565 invention patents[45]. - The company is currently developing self-service intelligent retail terminal equipment, with an investment of CNY 60.60 million in the project[92]. - The company is focusing on integrated cash management solutions to address customer pain points in the financial sector[116]. - The company plans to invest in new product lines to diversify its revenue streams and capture more market share[164]. - Research and development investment increased by 18%, totaling 150 million RMB, focusing on artificial intelligence and IoT technologies[173]. Corporate Governance - The company has established a comprehensive performance evaluation system linking executive compensation to operational performance[156]. - The company maintains independence from its major shareholder in terms of business, personnel, assets, and financial operations[158]. - The company strictly adheres to information disclosure regulations, ensuring transparency and protecting the rights of minority investors[156]. - The company has implemented a transparent incentive mechanism for its executives, aligning their performance with company goals[156]. - The company held 2 shareholder meetings during the reporting period, ensuring compliance with legal requirements for procedures and voting[154]. Risks and Challenges - The company faced risks including macroeconomic fluctuations, intensified market competition, and potential goodwill impairment, which are detailed in the management discussion section[5]. - The company acknowledges risks from macroeconomic fluctuations that could impact market demand and will adjust strategies accordingly[144]. - The company is exposed to foreign exchange risks due to its export sales and will implement hedging strategies to mitigate these risks[148]. - The company faces intensified market competition, particularly in the smart equipment sector, and will enhance product innovation and cost competitiveness[145]. Shareholder Returns - The company reported a cash dividend of 1.5 RMB per 10 shares (including tax) to all shareholders, with no bonus shares issued[5]. - For the fiscal year 2022, the company distributed a total cash dividend of approximately ¥161.53 million, which represents 100% of the profit distribution amount[195]. - The cash dividend per 10 shares was set at ¥1.5, based on a total share base of 652,982,055 shares[195]. - The company is currently in a growth phase and has significant capital expenditure plans, which allows for a minimum cash dividend distribution of 20%[195].