KFMI(SZ:300666)2023-04-06 16:00Financial Performance - The company's operating revenue for 2022 was CNY 2,323,878,581.81, representing a 45.80% increase compared to CNY 1,593,912,652.91 in 2021[41] - Net profit attributable to shareholders for 2022 was CNY 265,204,791.62, a significant increase of 148.72% from CNY 106,626,738.28 in the previous year[41] - The net profit after deducting non-recurring gains and losses was CNY 218,234,601.75, up 186.50% from CNY 76,171,693.93 in 2021[41] - The basic earnings per share for 2022 was CNY 1.11, reflecting a 136.17% increase compared to CNY 0.47 in 2021[41] - Total assets at the end of 2022 reached CNY 5,085,222,913.81, a 75.27% increase from CNY 2,901,436,340.37 at the end of 2021[41] - The net assets attributable to shareholders increased by 174.81% to CNY 4,003,258,453.87 from CNY 1,456,712,178.89 in 2021[41] - The company reported a net cash flow from operating activities of CNY 16,492,567.54, down 83.97% from CNY 102,906,718.42 in the previous year[41] - The weighted average return on equity for 2022 was 11.41%, an increase of 2.64% from 8.77% in 2021[41] Market Strategy and Expansion - The company plans to continue expanding its market presence and investing in new product development to drive future growth[29] - The company is actively expanding its market presence through strategic investments and partnerships[55] - The company plans to expand its market presence and enhance its product offerings through ongoing research and development initiatives[67] - The company is exploring opportunities for mergers and acquisitions to strengthen its market position[55] - The company aims to accelerate the localization of sputtering target supply, enhancing its technological innovation capabilities[85] - The company is expected to continue expanding its market presence in response to favorable government policies and industry trends[84] Research and Development - The company emphasizes the importance of research and development in new materials and technologies[55] - The company’s R&D investment as a percentage of operating revenue was 5.32% in 2022, down from 6.16% in 2021[80] - The company has 220 R&D personnel, a 19.57% increase from 184 in the previous year[78] - The first major R&D project aims to enhance ultra-pure metal material organization technology, with the goal of achieving international advanced levels in grain size and uniformity[75] - The company has initiated the development of advanced process ultra-pure Cu and Cu alloy targets for semiconductor applications, currently in mass production stage[75] - The company is focusing on the development of ultra-high purity metal materials and sputtering targets to maintain competitive advantages in the semiconductor field[198] Corporate Governance and Transparency - The company guarantees the authenticity, accuracy, and completeness of the financial report for the year[50] - The company is committed to maintaining transparency in its financial disclosures and corporate governance[50] - All directors attended the board meeting to review the report[50] - The company has not engaged in any repurchase transactions among its top shareholders during the reporting period[102] Shareholder Information - The company's total share capital increased from 227,621,934 shares on December 31, 2021, to 265,568,436 shares on December 31, 2022, representing a growth of approximately 16.67%[87] - The number of shareholders holding ordinary shares at the end of the reporting period was 29,513, down from 39,366 at the end of the previous month, indicating a decrease of about 25%[90] - Major shareholder Yao Lijun holds 21.38% of the shares, totaling 56,765,724 shares, with a pledge of 23,277,200 shares[90] Supply Chain and Production - The company has established multiple production bases for semiconductor precision components, enhancing its production capacity and filling domestic supply gaps[149] - The company has developed a comprehensive range of ultra-high-purity metal sputtering targets, covering advanced, mature, and specialty process fields[148] - The company is implementing projects to build production lines for ultra-high-purity metal sputtering targets, significantly increasing production capacity[148] - Ultra-pure metal sputtering targets are identified as key core materials for chip manufacturing, involving multiple technical challenges[200] Financial Position and Assets - As of December 31, 2022, the company's cash and cash equivalents amounted to ¥1,315,179,075.85, a significant increase from ¥482,097,307.06 at the beginning of the year, representing a growth of approximately 173.5%[109] - Total liabilities decreased to CNY 1,099,122,897.38 in 2022 from CNY 1,435,646,758.13 in 2021, a decrease of approximately 23.4%[175] - The company's total non-current liabilities decreased to CNY 306,368,396.92 in 2022 from CNY 594,711,462.88 in 2021, a reduction of about 48%[175] - The company's equity attributable to shareholders reached CNY 4,003,258,453.87 in 2022, compared to CNY 1,456,712,178.89 in 2021, representing an increase of approximately 174%[175]