Financial Performance - For the year ended December 31, 2022, the group recorded revenue of approximately RMB 1.53 billion, representing a year-on-year growth of approximately 11.2%[20] - The group achieved a gross profit of approximately RMB 403.1 million, a slight decrease of about 0.2% year-on-year, due to rising costs of key raw materials like chips amid ongoing global supply chain constraints[20] - The net profit for the year was approximately RMB 161 million, reflecting a year-on-year increase of about 16.7%, with a net profit margin of approximately 10.5%, up by 0.5 percentage points year-on-year[20] - Total revenue for 2022 was RMB 1,530,251, up 11.1% from RMB 1,376,524 in 2021[22] - The company reported a net profit before tax of RMB 164,070, an increase of 5.3% from RMB 154,939 in 2021[22] - The company reported a total comprehensive income for the year of RMB 166,688,000, up from RMB 135,668,000 in 2021, reflecting an increase of approximately 22.8%[161] Revenue Breakdown - Revenue from the core business of embedded software and secure payment products grew strongly, increasing by approximately 34.0% year-on-year[20] - Revenue from embedded software and secure payment products reached RMB 1,009,115, an increase of 33.9% from RMB 752,828 in 2021[22] - Revenue from the domestic market in China was RMB 1,279,351, while overseas markets contributed RMB 250,900[26] - Revenue from regions outside mainland China was approximately RMB 250.9 million, achieving a breakthrough growth of about 107.5%[20] - The platform and service business segment recorded revenue of approximately RMB 521.1 million, a year-on-year decline of about 16.4%, accounting for approximately 34.1% of total revenue[109] Dividends and Shareholder Returns - The board proposed a final dividend of HKD 0.12 per ordinary share (equivalent to approximately RMB 0.105), an increase from HKD 0.10 in the previous year, along with a special dividend of HKD 0.04 per ordinary share (equivalent to approximately RMB 0.035)[20] - The company proposed a final dividend of HKD 0.12 per share for 2022, compared to HKD 0.10 per share in 2021, which is a 20% increase[51] Costs and Expenses - Research and development costs were RMB 112,955, compared to RMB 120,502 in 2021, indicating a decrease of 6.1%[22] - Total sales, research and development, and administrative expenses amounted to RMB 1,454,515, an increase of 15.4% from RMB 1,259,883 in 2021[37] - The company reported a net financial cost of RMB 8,499, compared to RMB 783 in 2021, indicating a significant increase in financial expenses[22] Assets and Liabilities - The company's current assets totaled approximately RMB 1.82 billion, with a year-on-year growth of about 1.9% and a debt-to-asset ratio of approximately 26.4%[106] - Total assets increased to RMB 2,813,857 thousand in 2022, up from RMB 2,609,965 thousand in 2021, representing a growth of approximately 7.8%[166] - Total liabilities increased to RMB 743,294 thousand in 2022, up from RMB 601,360 thousand in 2021, which is an increase of approximately 23.5%[167] - The asset-liability ratio as of December 31, 2022, was approximately 26.4%, compared to 23.0% in 2021[132] Inventory and Receivables - The total inventory cost recognized as an expense for the year ended December 31, 2022, was RMB 933,325,000, up from RMB 826,971,000 in 2021, indicating an increase of about 12.87%[80] - The total inventory as of December 31, 2022, was RMB 362,621,000, compared to RMB 286,921,000 in 2021, reflecting a rise of approximately 26.36%[79] - The accounts receivable net value as of December 31, 2022, was RMB 340,322,000, slightly down from RMB 342,339,000 in 2021, showing a decrease of about 0.59%[82] - The aging analysis of accounts receivable showed that the amount overdue for more than one year increased to RMB 26,272,000 in 2022 from RMB 14,120,000 in 2021, representing an increase of approximately 86.61%[83] Strategic Initiatives - The company is actively expanding its business related to the third-generation social security card in mainland China, with revenue from this segment in the domestic market reaching approximately RMB 775.8 million, a year-on-year increase of about 14.8%[109] - The company aims to leverage new technologies such as 5G, blockchain, and artificial intelligence to expand its secure payment products and solutions into various industries[117] - The group aims to build an innovative ecosystem for a secure payment industry as part of its transformation strategy[119] - The Zhuhai Financial Technology Center was put into use in Q4 2022, aiming to attract high-quality talent and projects from the Guangdong-Hong Kong-Macao Greater Bay Area[118] Employee and Compensation - The company employed 1,583 staff as of December 31, 2022, a decrease of 41 employees compared to 1,624 at the end of 2021[147] - Total employee compensation, including directors' remuneration, amounted to approximately RMB 250.9 million for the year, compared to RMB 216.3 million in 2021, marking an increase of about 15.9%[147] Investments and Capital Expenditure - The group reported a capital expenditure of approximately RMB 67.0 million for the year ended December 31, 2022, down from RMB 81.7 million in 2021[135] - The company has no significant investments or capital asset plans for 2023[139] Governance and Compliance - The company maintained compliance with all provisions of the Corporate Governance Code as of December 31, 2022[151]
金邦达宝嘉(03315) - 2022 - 年度业绩