上海凯鑫(300899) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was ¥154,070,701.28, a decrease of 32.40% compared to ¥227,925,969.91 in 2021[19]. - The net profit attributable to shareholders for 2022 was ¥27,370,122.65, down 43.05% from ¥48,063,431.51 in 2021[19]. - The net profit after deducting non-recurring gains and losses was ¥16,608,656.00, a decline of 58.23% from ¥39,759,322.63 in 2021[19]. - The net cash flow from operating activities increased by 14.32% to ¥52,560,968.92 in 2022, compared to ¥45,976,975.90 in 2021[19]. - The total assets at the end of 2022 were ¥709,002,793.72, a slight decrease of 0.04% from ¥709,261,984.75 at the end of 2021[19]. - The company's basic earnings per share for 2022 was ¥0.4291, down 43.05% from ¥0.7535 in 2021[19]. - The weighted average return on equity for 2022 was 4.17%, a decrease of 3.42% from 7.59% in 2021[19]. - The company received government subsidies totaling ¥1,752,637.83 in 2022, down from ¥4,739,226.70 in 2021[25]. - The company achieved a net profit of RMB 27,370,122.65 for the year 2022, with the parent company reporting a net profit of RMB 28,904,293.83[131]. - The total distributable profit as of December 31, 2022, was RMB 180,941,056.94, after allocating 10% of the parent company's net profit to statutory surplus reserves[131]. Research and Development - The company’s R&D expenditure accounts for 12.05% of its revenue, with 28.09% of its employees engaged in research and development[36]. - The company has obtained 48 patents, enhancing its technological capabilities and industry recognition[37]. - The company is in the pilot stage for several R&D projects aimed at resource recovery from wastewater, which are expected to enhance future economic benefits[56]. - The company is focusing on developing new technologies for wastewater treatment and resource recovery, which aligns with national green development initiatives[58]. - The company plans to increase R&D investment to develop new technologies and expand existing customer business needs in new fields, adhering to a strategy of "deep cultivation vertically and horizontal expansion"[87]. - The company has allocated 200 million RMB for research and development in 2023, focusing on innovative separation technologies[157]. Market Expansion and Strategy - The company is focused on developing new technologies and expanding its market presence, although specific figures and timelines were not disclosed in the report[6]. - The company aims to support the construction of a resource-circulating industrial system, aligning with national environmental policies[31]. - The company aims to expand its market presence in Southeast Asia, South Asia, Africa, and Europe by leveraging local advantages and providing customized industrial fluid separation solutions[89]. - The company plans to expand its market presence in Southeast Asia, targeting a 10% market share by 2025[157]. - A strategic acquisition of a local competitor is anticipated to be completed by Q2 2023, which is expected to increase the company's market share by 5%[158]. - The company is considering strategic acquisitions to enhance its market position, with a budget of 500 million RMB allocated for potential deals[156]. Corporate Governance - The company emphasizes the importance of risk awareness regarding forward-looking statements and future plans, urging investors to understand the differences between plans, forecasts, and commitments[6]. - The company has established a complete independent business system with capabilities in R&D, procurement, production, and sales, ensuring operational independence[100]. - The board of directors consists of 9 members, including 3 independent directors, complying with legal and regulatory requirements[98]. - The company maintains a strict internal audit system, enhancing governance and ensuring the achievement of operational goals[99]. - The company has a fully independent financial accounting department, ensuring independent financial decision-making and compliance with tax obligations[101]. - The company has implemented a transparent information disclosure system, ensuring timely and accurate communication with investors[98]. Shareholder Relations and Dividends - The company plans to distribute a cash dividend of 2.30 RMB per 10 shares to all shareholders, based on a total of 63,783,466 shares[6]. - The company maintained a cash dividend payout ratio of 100% of the distributable profit for the year[129]. - The company has committed to maintaining a dividend payout ratio of 30% of net profits for the next three years[156]. - The company has established a mechanism to reclaim any illegal gains from shareholders who violate their commitments[154]. Financial Management and Compliance - The company has engaged Da Hua Certified Public Accountants for auditing services, ensuring compliance and transparency in financial reporting[18]. - The company has confirmed that the raised funds have been fully in place and verified by an accounting firm[79]. - The company has not engaged in any transactions that would compromise its independence from the controlling shareholder, ensuring asset and financial independence[102]. - The company has no significant guarantees during the reporting period, with a total guarantee amount of RMB 0[195]. - The company has no non-operating related party debts during the reporting period[184]. Employee and Management Structure - The total number of employees at the end of the reporting period was 89, with 38 in production, 8 in sales, 25 in technology, 8 in finance, and 10 in administration[125]. - The educational background of employees included 19 with master's degrees or above, 39 with bachelor's degrees, and 31 with diplomas or below[125]. - The company has a clear succession plan in place for its senior management roles[108]. - The company has a diverse board with members holding various academic and professional positions, including professors and independent directors[114]. Risk Management - The company has outlined potential risks and corresponding mitigation strategies in its management discussion and analysis section[6]. - The company recognizes the risk of exchange rate fluctuations, particularly with USD and EUR, which could impact profitability and procurement costs[91]. - The company is addressing the risk of increasing accounts receivable due to business expansion by managing customer credit ratings and enhancing collection efforts[93].