兆威机电(003021) - 2022 Q4 - 年度财报

Production and Sales Performance - The company achieved a production volume of 5,360,822 units for micro drive systems, representing a year-on-year increase of 99.85% compared to 2,682,440 units in the previous year[4]. - Sales volume for micro drive systems reached 4,130,749 units, a 77.41% increase from 2,328,426 units in the same period last year[4]. - The company’s total sales volume for micro transmission systems decreased by 22.63% to 24,835,169 units in 2022 from 32,100,537 units in 2021[16]. - The company reported a production volume of 3,131,498 units and a sales volume of 2,782,855 units for micro transmission systems, generating a revenue of CNY 118,939,579.21[120]. - The precision parts segment achieved a production volume of 258,927,958 units and a sales volume of 252,709,221 units, resulting in a revenue of CNY 187,669,764.14[120]. Financial Performance - The company reported a total revenue of 1,006,142,494.00 CNY from domestic sales, accounting for 87.30% of total revenue, with a slight decrease of 0.45% from the previous year[8]. - The company’s international sales amounted to 146,316,060.76 CNY, representing 12.70% of total revenue, with a year-on-year increase of 13.17%[8]. - The company's operating revenue for 2022 was ¥1,152,458,554.76, representing a 1.09% increase from ¥1,139,999,360.37 in 2021[60]. - The net profit attributable to shareholders for 2022 was ¥150,496,221.93, a 2.00% increase from ¥147,546,018.95 in 2021[60]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥127,739,631.60, up 3.42% from ¥123,518,687.05 in 2021[60]. - The company’s diluted earnings per share for 2022 was CNY 0.88, an increase of 2.33% compared to CNY 0.86 in 2021[44]. - The weighted average return on equity for 2022 was 5.21%, a slight decrease of 0.08% from 5.29% in 2021[44]. - The company reported a significant increase in R&D expenses, totaling ¥117,341,416.06, a decrease of 11.66% from ¥132,828,913.93 in 2021[164]. Research and Development - The company invested approximately 23% of its workforce in R&D by the end of 2022, focusing on customer-centered innovation and development in the micro drive and micro transmission sectors[3]. - The company launched several new products in 2022, including automotive central control rotating screens and VR glasses adjustment mechanisms, enhancing its product offerings[3]. - The company is committed to advancing its research and development capabilities in line with the trends of industrial automation and smart manufacturing[72]. - The company is actively enhancing its research and development capabilities, with a focus on key technologies in precision gears, micro transmission systems, and motor drive control modules[121]. - The company has established a product development department focused on addressing industry-specific pain points in automotive electronics, smart medical, consumer electronics, and other sectors[125]. Market Expansion and Strategy - The company is actively expanding its product line in the medical industry, focusing on insulin pumps and pain pumps, and enhancing cooperation with leading medical device manufacturers[71]. - In the smart home sector, the company has achieved mass sales of products such as robotic vacuum cleaners and smart locks, leveraging its competitive advantages in micro-drive systems[74]. - The company aims to drive growth in the smart home market by collaborating with well-known manufacturers to develop high-end intelligent products[74]. - The company is expanding its market presence in the telecommunications sector, providing essential components for base station antennas and collaborating closely with leading telecom companies[98]. - The company is focusing on expanding its market presence in the automotive sector, particularly in the field of new energy vehicles, to leverage market opportunities[186]. Technological Innovation - The company has achieved a technological advantage in precision components and transmission systems, enabling it to offer integrated solutions that include "precision parts + transmission + control" for various applications[86]. - The company has made significant innovations in micro transmission and micro drive technologies, achieving international leading levels in small modulus powder metallurgy gear manufacturing[123]. - The company has achieved ISO1328-2013 level 5 precision in the production of small modulus powder metallurgy gears, positioning itself at the forefront of international technology[152]. - The company has established a comprehensive design platform for gear transmission systems, enhancing its capability to provide customized solutions for clients[166]. Operational Efficiency - The company has established a flexible production model to adapt to changing market demands and improve production capacity, utilizing a MES system for real-time management of production and inventory[83]. - The company has successfully developed an automated assembly production line, significantly improving assembly precision and efficiency[169]. - The company has optimized its SRM system to improve supplier management and procurement efficiency, enhancing strategic collaboration with suppliers[130]. - The company has implemented a management transformation to shift from passive to proactive sales strategies, emphasizing teamwork and cross-departmental collaboration[108]. Risk Management and Future Outlook - The report highlights potential risks in the company's operations and outlines corresponding countermeasures[51]. - The company aims to create value for customers, shareholders, employees, and society, expressing confidence in future growth despite external challenges[11]. - The company plans to enhance its servo control technology for motors and improve the integration design capabilities of micro drivers in the future[6]. - The company has initiated the construction of the Suzhou Zhaowei Industrial Park, expected to be operational by 2024[140].