Ultrapower(SZ:300002)2023-04-26 16:00Financial Performance - The company's operating revenue for 2022 was approximately ¥4.81 billion, representing an increase of 11.40% compared to ¥4.31 billion in 2021[13]. - The net profit attributable to shareholders for 2022 was approximately ¥541.89 million, a growth of 40.93% from ¥384.52 million in the previous year[13]. - The net profit after deducting non-recurring gains and losses was approximately ¥445.00 million, up 39.51% from ¥318.97 million in 2021[13]. - The net cash flow from operating activities reached approximately ¥1.04 billion, a significant increase of 154.48% compared to ¥410.60 million in 2021[13]. - The total assets at the end of 2022 amounted to approximately ¥5.82 billion, reflecting a growth of 10.86% from ¥5.25 billion at the end of 2021[13]. - The net assets attributable to shareholders increased to approximately ¥4.84 billion, up 11.76% from ¥4.33 billion in the previous year[13]. - The basic earnings per share for 2022 was ¥0.2774, representing a 40.24% increase from ¥0.1978 in 2021[13]. - The weighted average return on equity for 2022 was 11.83%, an increase from 9.35% in 2021[13]. - The company reported quarterly revenues of ¥1.57 billion in Q4 2022, marking a significant increase compared to previous quarters[14]. - The net profit attributable to shareholders in Q4 2022 was approximately ¥158.58 million, showing consistent performance across the quarters[14]. Dividend Distribution - The company plans to distribute a cash dividend of 0.3 yuan per 10 shares to all shareholders, with no bonus shares issued[3]. - The total number of shares for the dividend distribution is based on 1,948,548,218 shares[2]. - The total cash dividend, including share repurchase, amounted to 108,465,160.69 yuan for the year 2022[197]. - The company distributed a cash dividend of 0.3 yuan per 10 shares, totaling 58,456,446.54 yuan, which represents 100% of the total profit distribution[197]. - The total number of shares eligible for profit distribution was 1,948,548,218 after deducting shares held in the repurchase account[197]. - The company did not issue any bonus shares or capital reserve transfers during the reporting period[197]. Market and Product Development - The company emphasizes the importance of continuously launching successful game products to mitigate revenue decline from older games due to market competition[2]. - The company achieved a total revenue of ¥108,126 billion in the software and information technology services industry in 2022, marking a year-on-year growth of 11.2%[26]. - The revenue from software products reached ¥26,583 billion in 2022, with a growth rate of 9.9% compared to the previous year[26]. - The mobile game segment, particularly strategy games (SLG), accounted for 86.52% of the company's revenue from overseas and Hong Kong, Macau, and Taiwan regions in 2022[29]. - The company’s game products, including "Age of Origins" and "War and Order," maintained strong competitiveness in the global market, with "Age of Origins" ranking in the Top 10 of strategy mobile games in the U.S., Japan, and South Korea in 2022[75][76]. - The company is focusing on developing new game products to meet market demand and plans to launch new games to become a new growth point for performance[148]. Research and Development - The company reported a research and development (R&D) investment of approximately ¥275.48 million in 2022, representing 5.73% of its operating revenue[112]. - The number of R&D personnel increased to 1,126 in 2022, a growth of 2.46% compared to 1,099 in 2021[112]. - The company has applied for 1,552 patents, with 900 granted, and has also applied for 1,814 software copyrights, indicating strong R&D capabilities[78]. - The management team emphasizes the importance of R&D, allocating 10% of revenue towards innovation and technology development[176]. - The company is committed to enhancing its R&D capabilities in software/gaming, AI, IoT, and 5G technologies to support its vision of becoming a leading digital economy enterprise[140]. Strategic Initiatives - The company has positioned itself strategically in the digital economy, focusing on software development, AI, IoT, and cloud computing to enhance digital transformation for various industries[26]. - The company aims to contribute to the construction of a digital China by leveraging its innovative capabilities and global layout strategy[26]. - The company actively laid out its computing network business in 2022, leveraging its advantages in cloud computing and networking to create an integrated operation product system for computing networks[37]. - The company is currently developing an automation capability supermarket project aimed at providing comprehensive operational management solutions for large and medium-sized enterprises and government agencies in various sectors[109]. - The company is exploring new growth areas in mobile gaming with the development of innovative card games like Everland and Dreamland[110]. Governance and Compliance - The company has established a structured governance framework, including a board of directors and specialized committees, to ensure compliance and protect investor interests[153]. - The company held two shareholder meetings during the reporting period, focusing on annual reports and board elections[154]. - The board of directors consists of 7 members, including 3 independent directors, and has held 12 meetings during the reporting period[155]. - The company emphasizes investor relations management, ensuring timely and fair information disclosure in compliance with relevant laws and regulations[158]. - The company maintains regular communication with investors through various channels, including a dedicated investor hotline and annual performance briefings[159]. Operational Efficiency - The company has implemented new strategies to improve operational efficiency, aiming for a 5% reduction in operational costs by the end of the fiscal year[176]. - The company has established a comprehensive performance evaluation and incentive system for senior management to enhance operational efficiency[200]. - Senior management's compensation consists of basic salary, performance-based annual salary, and equity incentives[200]. - The performance evaluation of senior management is based on economic benefits and long-term business stability[200]. Risk Management - The company acknowledges the risk of goodwill impairment due to potential underperformance of acquired companies and is taking measures to mitigate this risk[149]. - The company emphasizes the importance of managing foreign currency receivables to mitigate default risks associated with forward foreign exchange contracts[130]. - The company is actively monitoring industry regulations to ensure compliance and mitigate risks associated with game product approvals and virtual currency policies[146].