众业达(002441) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was ¥12,128,126,763.98, a decrease of 3.43% compared to ¥12,558,341,233.28 in 2021[24]. - The net profit attributable to shareholders for 2022 was ¥295,339,828.91, down 28.93% from ¥415,584,368.91 in 2021[24]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥290,312,241.99, a decrease of 7.39% from ¥313,461,933.74 in 2021[24]. - Basic earnings per share for 2022 were ¥0.54, down 28.95% from ¥0.76 in 2021[24]. - The weighted average return on equity for 2022 was 6.64%, a decrease of 3.23% from 9.87% in 2021[24]. - The total profit amounted to ¥407,326,254.86, reflecting a year-on-year decline of 29.95%[51]. - The company achieved operating revenue of ¥12,128,126,763.98, a year-on-year decrease of 3.43%[51]. - The company reported a net cash flow from operating activities of CNY 554,850,076.52 in Q4 2022, following a negative cash flow in Q1[29]. Cash Flow and Investments - The net cash flow from operating activities was ¥391,791,803.85, a significant increase of 370.82% compared to -¥144,666,353.69 in 2021[24]. - The total cash inflow from operating activities decreased by 3.57% to ¥9,932,143,207.45 in 2022, while cash outflow decreased by 8.65% to ¥9,540,351,403.60[72]. - The net cash flow from investment activities was ¥30,178,479.21, down 80.40% from ¥153,953,152.08 in 2021[72]. - The company reported a net increase in cash and cash equivalents of ¥221,281,313.92, a turnaround from a decrease of ¥181,919,983.96 in the previous year, marking a 221.64% improvement[72]. Revenue Segmentation - The low-voltage electrical products segment accounted for 62.23% of total sales, with a revenue of 7.547 billion yuan, down 10.02% year-on-year[54]. - The industrial control product distribution segment saw a revenue increase of 13.16%, reaching 3.280 billion yuan, which constituted 27.04% of total sales[54]. - Revenue from the North China region was 3.064 billion yuan, down 7.66% year-on-year, representing 25.26% of total revenue[55]. - The Southwest region's revenue was 948 million yuan, a decline of 8.26% year-on-year, accounting for 7.82% of total revenue[55]. Research and Development - Research and development expenses increased by 13.28% to 47,117,733.55, reflecting ongoing investment in R&D[66]. - The company increased its R&D personnel from 123 in 2021 to 158 in 2022, representing a growth of 28.46%[70]. - R&D investment amounted to ¥47,117,733.55 in 2022, up 13.28% from ¥41,594,636.62 in 2021, with R&D expenditure accounting for 0.39% of operating revenue[70]. - The company has completed the product technology design and trial production for the intelligent low-voltage power capacitor, which is anticipated to enhance product competitiveness and increase market share[68]. Market Outlook and Strategy - The industrial electrical products distribution industry is expected to grow faster than GDP, driven by new infrastructure and carbon neutrality initiatives[38]. - The government is expected to accelerate investments in new infrastructure, which will increase demand for medium and low-voltage distribution and automation products[39]. - The renewable energy sector is projected to have significant growth potential, supported by national policies aimed at achieving carbon neutrality[40]. - The company aims to expand its market presence through the development of new products and technologies, enhancing its influence in the energy storage product market[68]. Corporate Governance and Management - The company has not reported any changes in its controlling shareholder since its listing[24]. - The company has maintained a stable management team, with no new appointments or departures among key executives in the last reporting period[140]. - The board of directors has a diverse background, with experience in various sectors including industrial electrical and technology[141]. - The company emphasizes the protection of shareholder and creditor rights by improving its corporate governance structure and internal control systems[180]. Employee and Compensation - The total number of employees at the end of the reporting period was 3,681, with 2,802 in sales, 368 in technical roles, and 193 in finance[162]. - The company has implemented a comprehensive performance assessment system for employee compensation, which includes both base salary and performance-based pay[163]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 7.2984 million[151]. Future Projections - Total revenue for 2023 is budgeted at RMB 1,273,453.31 million, representing a 5.00% increase from the 2022 actual revenue of RMB 1,212,812.68 million[117]. - Net profit for 2023 is forecasted at RMB 33,283.68 million, which is a 13.71% increase from RMB 29,271.05 million in 2022[118]. - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 10% to 12%[133]. Social Responsibility - The company actively participates in social welfare and charity initiatives to create social value[183]. - The company has been recognized as a "Contract-abiding and Credit-worthy Enterprise" in Guangdong Province for its commitment to supplier and customer rights[182].