同大股份(300321) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was ¥464,370,707.88, a decrease of 10.71% compared to ¥520,065,387.98 in 2021[17] - Net profit attributable to shareholders increased by 258.89% to ¥11,386,429.17 from ¥3,172,674.07 in the previous year[17] - The net profit after deducting non-recurring gains and losses was ¥7,645,070.42, a significant increase of 1,359.29% compared to a loss of ¥607,093.81 in 2021[17] - The basic earnings per share rose to ¥0.1282, reflecting a 259.10% increase from ¥0.0357 in 2021[17] - The company's main business revenue for 2022 was ¥442,975,024.10, a decrease of 10.51% compared to ¥494,979,113.06 in 2021[42] - The total revenue for the year 2022 was 201,453,351.65 CNY for synthetic leather, representing a 29.78% increase compared to the previous year[50] - The gross profit margin for synthetic leather products was 13.05%, showing a slight increase of 0.10% year-over-year[50] - The sales volume for synthetic leather manufacturing decreased by 20.71% to 1,256.48 million square meters in 2022 compared to 2021[51] Assets and Cash Flow - The total assets at the end of 2022 were ¥688,041,432.05, down 6.41% from ¥735,147,069.27 at the end of 2021[17] - The company's cash flow from operating activities showed a net outflow of ¥2,133,351.90, a decline of 104.64% compared to a positive cash flow of ¥45,977,409.74 in 2021[17] - The company's net cash flow from operating activities was -¥2,133,351.90 in 2022, a decline of 104.64% compared to ¥45,977,409.74 in 2021, primarily due to decreased revenue and increased operating expenses[61] - Investment activities generated a net cash flow of -¥44,816,336.84 in 2022, a significant drop of 235.26% from ¥33,134,505.53 in 2021, mainly due to increased investment in financial products[61] - Total cash and cash equivalents decreased by ¥48,693,133.30 in 2022, a decline of 180.60% compared to an increase of ¥60,416,266.67 in 2021[61] Research and Development - The company’s R&D expenses for 2022 were ¥17,454,885.59, a slight increase of 1.45% from ¥17,204,807.00 in 2021[42] - R&D investment amounted to ¥17,454,885.59 in 2022, representing 3.76% of operating revenue, an increase from 3.31% in 2021[58] - The number of R&D personnel decreased by 3.16% to 92 in 2022, with a proportion of 15.54% of total employees[58] - The company completed the development of various new synthetic leather products, enhancing competitiveness and environmental sustainability[57] - The company aims to achieve a 25% bio-based content in its low-carbon footprint synthetic leather, aligning with "dual carbon" policies[58] - The company has made significant progress in developing antibacterial and antiviral synthetic leather, enhancing its innovation capabilities[57] Market and Product Development - The company aims to become a leading global supplier of ultra-fine fiber products, with a focus on ecological and high-performance materials[32] - The market for ultra-fine fiber synthetic leather is expanding, driven by increasing demand for eco-friendly materials and advanced processing techniques[28] - The company has established several research and technology centers, enhancing its capabilities in product innovation and development[32] - The company’s products are widely used in various industries, including footwear, automotive interiors, and sports equipment, with notable clients such as LV, ZARA, and BMW[36] - The company plans to enhance product differentiation and expand its product series to meet diverse customer needs, focusing on new materials and technologies[73][75] Governance and Compliance - The company held 2 shareholder meetings, 4 board meetings, and 3 supervisory meetings during the reporting period, ensuring compliance with governance regulations[90] - The board of directors consists of 9 members, including 3 independent directors, ensuring a diverse and qualified governance structure[91] - The company has established a robust information disclosure system, ensuring timely and accurate communication with investors[95] - The company maintains independence from its controlling shareholder in terms of operations, assets, and finances, ensuring a self-sufficient business model[98] - The company has established an independent governance structure, including a shareholder meeting, board of directors, and supervisory board, adhering to legal regulations[101] Shareholder Returns - The company plans to implement a shareholder return plan for the next three years (2022-2024)[117] - The company implemented a cash dividend policy, distributing a total of 3,108,000 CNY (including tax) based on a base of 88,800,000 shares, with a dividend of 0.35 CNY per 10 shares[131] - The net profit for the year was 11,386,429.17 CNY, with a legal surplus reserve of 1,138,642.92 CNY, representing a 10% extraction rate[131] - The total distributable profit at the end of the year was 10,247,786.25 CNY, with retained earnings amounting to 259,195,852.72 CNY[131] - The company ensured that the cash dividend distribution plan complied with the Company Law and the Articles of Association, protecting the interests of all shareholders, especially minority shareholders[132] Risk Management - The company faces risks related to accounts receivable, with a significant balance that could be affected by changes in the macroeconomic environment[79] - The company is exposed to raw material price fluctuation risks, particularly due to the impact of international oil prices on key materials like polyethylene and nylon[82] - The company has a significant export business, accounting for nearly 40% of its operations, making it sensitive to fluctuations in the RMB exchange rate[83] - The company has established a comprehensive inventory management mechanism to monitor stock status and reduce inventory impairment risks[81] Employee Management - The total number of employees at the end of the reporting period is 592, with 397 in production, 21 in sales, 92 in technical roles, 8 in finance, and 74 in administration[124] - The educational background of employees includes 57 with a bachelor's degree or higher, 104 with a college diploma, 102 with a high school diploma, and 329 with vocational or lower education[125] - The company emphasizes a competitive salary policy based on efficiency and performance, ensuring that employee compensation is aligned with market standards[126] - Training programs are tailored to employee needs and company development goals, including various types of training such as onboarding, professional knowledge, management skills, and specialized skills[127] Audit and Financial Reporting - The audit report issued a standard unqualified opinion, indicating that the financial statements fairly reflect the company's financial position as of December 31, 2022[193] - The internal control system was evaluated as effective in maintaining financial reporting integrity, with no significant defects reported[136] - The internal control audit report confirmed that the company maintained effective financial reporting internal controls as of December 31, 2022[136] - The management is responsible for the accuracy of the financial statements and related disclosures[198] - The audit opinion does not cover other information outside the financial statements and audit report[199]