Shannon Semi(SZ:300475)2023-04-16 16:00Investment Activities - The company invested 50 million yuan in Jiangsu Weidao Nano Technology Co., Ltd. on December 29, 2020, acquiring 2.712184 million shares, representing 0.60% of the total share capital post-issuance[1] - The investment amount for the reporting period was ¥7,124,783.25, a significant decrease of 99.54% compared to the previous year[188] - The company sold 100% equity of Ju Long Robot for ¥236.71 million, which did not significantly impact its financial status[195] Financial Performance - The company's operating revenue for 2022 was approximately ¥13.77 billion, representing a 49.61% increase compared to ¥9.21 billion in 2021[106] - The net profit attributable to shareholders for 2022 was approximately ¥313.75 million, a 40.15% increase from ¥223.87 million in 2021[106] - The net profit after deducting non-recurring gains and losses for 2022 was approximately ¥255.79 million, reflecting a 57.28% increase from ¥162.63 million in 2021[106] - The company reported a net profit increase of 7.78% for the fiscal year 2022, with a total revenue of 11,180.036 million yuan[196] Cash Flow and Assets - The company's cash flow from operating activities showed a significant decline, with a net outflow of approximately ¥680.57 million in 2022, compared to a net outflow of ¥110.43 million in 2021, marking a -516.30% change[106] - The total amount of cash inflow from operating activities was approximately ¥13.98 billion, a 47.61% increase compared to ¥9.47 billion in 2021[143] - The total cash outflow from operating activities increased by 53.01% year-on-year, amounting to approximately ¥14.66 billion[143] - The company's monetary funds at the end of 2022 were 144,159,699.96 yuan, accounting for 3.38% of total assets, a decrease of 14.28% from the beginning of the year[148] - Inventory increased to 1,248,309,876.19 yuan, representing 29.29% of total assets, a rise of 13.92% year-on-year, attributed to increased procurement due to stable market growth[148] Market Overview - The global server market size was approximately USD 123 billion in 2022, with a year-on-year growth of 20%[54] - The Chinese server market size reached approximately USD 27.34 billion in 2022, growing by 9.1% year-on-year[54] - The global semiconductor market is expected to shrink by 6.5% in 2023, reaching $562.7 billion[55] - Global smartphone shipments are projected to decline by 1.1% in 2023, totaling under 1.2 billion units[55] - Traditional PC and tablet shipments are forecasted to drop by 11.2% in 2023, with an estimated total of 403.1 million units[55] Electronic Components Industry - The electronic components industry is increasingly supported by national policies aimed at structural adjustment and industrial upgrading[56] - The electronic components distribution sector is crucial for bridging upstream manufacturers and downstream electronic product manufacturers[60] - The electronic components industry is expected to benefit from the growth of emerging sectors such as AI, IoT, and 5G technology[60] - The electronic components industry is experiencing a significant supply-demand imbalance, with upstream manufacturers facing slow supply growth due to long R&D cycles and high investment costs[75] - The average profit margin in the electronic components distribution industry is being pressured by intense competition and more transparent pricing, while new demands and technologies present opportunities for profit growth[75] Research and Development - Research and development expenses amounted to CNY 12.66 million, representing 0.09% of total revenue[127] - The proportion of R&D personnel increased to 4.56%, with significant investment in R&D activities over the past three years[158] - The company's research and development expenses rose by 50.03% year-on-year, totaling approximately ¥12.66 million in 2022[143] Customer and Market Strategy - The company has established a wide and stable sales network, focusing on regions such as East China, South China, and North China, with logistics centers in Hong Kong, Shenzhen, and Shanghai[99] - The company has a strong customer base, including major clients like Alibaba and ByteDance, which enhances its market influence and competitive edge[102] - The company aims to maintain its competitive advantage by leveraging the strengths of its authorized brands and continuously developing new products and technologies[102] - The company plans to expand its product lines to cover other sectors beyond core internet enterprises in the future[114] - The company plans to significantly advance its RMB distribution business in 2023, focusing on high-tech products from renowned IC design and manufacturing partners[200] Dividends and Shareholder Returns - The company plans to distribute a cash dividend of 1.40 yuan (including tax) for every 10 shares based on a total of 457,565,767 shares, with no bonus shares being issued[79] Subsidiaries and Acquisitions - The company has established several subsidiaries, with no significant impact on overall operations and performance[136] - The company has engaged in the acquisition and disposal of subsidiaries during the reporting period, impacting overall production and performance[197] - The subsidiary United Chuang Tai achieved operating revenue of ¥13,486,152,805.61 and a net profit of ¥278,258,332.31 for the year 2022[182]