YMK(SZ:300249)2023-04-17 16:00Financial Performance - The total operating revenue for the year 2022 was CNY 878.98 million, with a net profit attributable to shareholders of CNY -32.37 million[5]. - The net profit after deducting non-recurring gains and losses was CNY -124.71 million, a year-on-year decline of CNY 151.18 million[5]. - The company's operating revenue for 2022 was ¥878,981,842.52, a decrease of 39.34% compared to ¥1,448,954,285.94 in 2021[23]. - The net profit attributable to shareholders for 2022 was -¥32,371,789.42, representing a decline of 207.19% from ¥30,200,142.17 in 2021[23]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥124,713,255.03, a decrease of 571.24% compared to ¥26,464,757.53 in 2021[23]. - The company reported a basic earnings per share of -¥0.0740 for 2022, a decline of 207.25% from ¥0.0690 in 2021[23]. - The company reported a net profit attributable to the company was -32.37 million yuan, a decline of 207.19% year-on-year, with the information data sector contributing a net profit of -9.81 million yuan[39]. - The company’s net profit for the year was -52,773,715.50, a significant decline from 11,695,374.99 in the previous year[86]. Revenue and Growth - The company reported a revenue of RMB 1.5 billion for the year 2022, representing a year-over-year increase of 15% compared to RMB 1.3 billion in 2021[16]. - The overall IDC market size in China reached 397.56 billion yuan in 2022, growing by 32% year-on-year, driven by new infrastructure policies and digital transformation demands[36]. - The company anticipates further growth opportunities in the digital infrastructure sector driven by national policies promoting digital economy and infrastructure development[34]. - The future outlook includes a projected revenue growth of 20% for 2023, driven by increased demand for data center infrastructure[16]. - The company plans to expand its market presence in Southeast Asia, targeting a 25% market share in the region by 2025[16]. - The company aims to achieve a WUE (Water Usage Effectiveness) of 0.5 liters per kWh by 2025, promoting sustainable practices in its operations[16]. - The company plans to invest 100 million yuan in research and development for innovative technologies over the next year[179]. Research and Development - The company has allocated RMB 200 million for R&D in 2023, aiming to enhance its technology offerings and product capabilities[16]. - The company has increased R&D investment, completing the development of a digital twin operation and maintenance platform based on BIM technology, which has been delivered to financial clients, enhancing operational efficiency[45]. - The company’s R&D investment amounted to ¥55,627,624.30 in 2022, representing 6.33% of its operating revenue, an increase from 4.02% in 2021[83]. - The company is focusing on the development of energy storage temperature control equipment to enhance the efficiency and lifespan of energy storage systems[82]. - The company is expanding its low-code development platform to improve software development efficiency and reduce costs for enterprises[82]. Market Position and Strategy - The company maintains that its core business and competitive advantages have not undergone significant adverse changes, aligning with industry trends[5]. - There are no signs of overcapacity, sustained decline, or technological substitution in the industry the company operates in[5]. - The company is exploring potential acquisitions to strengthen its position in the IoT market, with a budget of RMB 500 million for strategic investments[16]. - The company is focusing on the information data sector, divesting non-core business units to enhance its strategic focus[39]. - The company has established a strong customer base, being a key supplier for major telecom operators and internet giants, enhancing its market position[62]. Operational Efficiency - The gross profit margin improved to 30% in 2022, up from 28% in the previous year, indicating better cost management and pricing strategies[16]. - The company has streamlined non-core assets, divesting 100% of Tenglong assets and 51% of Yikang Cold元 equity, to focus on its core information data business[54]. - The company has made breakthroughs in cooling technologies, including natural resource cooling and liquid cooling, to meet the increasing demands of data centers[44]. - The company has introduced advanced manufacturing management practices, including automated production lines and CNC equipment, to improve production efficiency[58]. - The company has restructured its business model to provide a complete, efficient one-stop solution for clients in the data center and smart city sectors, enhancing user stickiness and competitiveness[57]. Financial Management - The net cash flow from operating activities increased by 291.12% to ¥39,514,492.36 from ¥10,102,919.44 in 2021[23]. - The total cash inflow from investment activities reached ¥193,537,295.97, a 172.37% increase from ¥71,057,313.77 in 2021[85]. - The company reported restricted cash of 40,735,316.78 yuan due to various guarantees and frozen deposits[96]. - The company’s total liabilities decreased significantly to 22,331,938.06, down from 177,994,749.86, due to the transfer of Tenglong assets and repayment of loans[92]. - The company has implemented a debt restructuring plan to optimize its financial position[106]. Governance and Management - The company has a governance structure that includes independent directors, with the current independent director Zhao Honggong serving since November 2018[170]. - The company has a diverse board with members having backgrounds in engineering, economics, and management, enhancing its strategic decision-making capabilities[173]. - The company has established a sound organizational structure with independent boards and committees to ensure objective decision-making[166]. - The company strictly adheres to legal regulations and internal management systems for information disclosure, ensuring timely and fair communication with investors[157]. - The audit department conducted internal control supervision and regular audits, verifying the authenticity and completeness of financial information[158]. Employee Management - The total employee count at the end of the reporting period was 936, with 358 in the parent company and 578 in major subsidiaries[194]. - The total employee compensation for the reporting period was 170.85 million yuan, accounting for 23.52% of the company's total operating costs[200]. - The company emphasizes a compensation strategy based on market conditions, employee performance, and job responsibilities to attract and retain key talent[197]. - The company has implemented a dynamic adjustment system for employee performance, rewarding outstanding performers and penalizing those who do not meet expectations[200]. - Core technical personnel numbered 221, representing 23.61% of total employees, down from 255 the previous year[200].