Financial Performance - The company's total revenue for 2023 was RMB 3,536,259,423.60, a slight decrease of 0.04% compared to RMB 3,538,908,884.94 in 2022[4] - Net profit attributable to shareholders for 2023 was RMB 719,494,375.58, down 33.2% from RMB 1,076,843,340.68 in 2022[4] - Total comprehensive income for the year 2023 was RMB 751,297,956.63, a decrease from RMB 1,120,440,199.87 in 2022, reflecting a decline of approximately 33%[5] - Basic earnings per share (EPS) for 2023 was RMB 0.88, down from RMB 1.32 in 2022, representing a decrease of about 33.33%[5] - The company reported a profit total of RMB 751,850,854.72 for 2023, down from RMB 1,121,671,536.82 in 2022, a decrease of about 33%[10] - The company achieved operating revenue of approximately RMB 3.536 billion, remaining essentially flat year-on-year, while net profit attributable to shareholders decreased by 33.18% to approximately RMB 719 million[44] Assets and Liabilities - The company's total assets as of December 31, 2023, reached RMB 8,411,350,886.39, up 37.5% from RMB 6,110,888,054.09 in 2022[3] - Current assets totaled RMB 5,937,283,670.86, an increase of 37.2% compared to RMB 4,327,100,944.42 in 2022[2] - Total liabilities rose to RMB 2,449,649,077.25, a substantial increase of 156.1% from RMB 957,718,676.14 in 2022[3] - The total accounts receivable balance as of December 31, 2023, is RMB 953,432,976.35, with a bad debt provision of RMB 23,813,666.81, representing 2.50% of the total[15] - The accounts payable as of 2023 is RMB 235,756,887.78, an increase from RMB 201,182,480.44 in 2022[15] - The company had bank borrowings of RMB 1.436 billion as of December 31, 2023, a significant increase from RMB 50 million in 2022[47] Research and Development - Research and development expenses increased significantly to RMB 1,010,597,572.06, representing a rise of 37.4% from RMB 735,419,692.61 in the previous year[4] - The company invested approximately RMB 1.19 billion in R&D for the year, representing a year-on-year increase of 34.25%[31] - The number of R&D personnel increased from 885 at the end of last year to 1,178, enhancing the R&D capabilities[31] - The company has developed 10GHz high-speed wafer KGD testing and high-density wafer testing methods with over 10,000 pins, which have been put into mass production[29] - The company is actively developing testing solutions for AI chips, high-performance computing chips, and automotive-grade chips[29] - The comprehensive gross margin decreased to 61.21% due to the downward pressure on certain product lines[23] Revenue Breakdown - Revenue from external transactions in 2023 was RMB 3,536,259,423.60, slightly down from RMB 3,538,908,884.94 in 2022, indicating a marginal decline of 0.07%[8] - Revenue from non-volatile memory in 2023 increased to RMB 1,072,193,991.40 from RMB 940,310,039.15 in 2022, marking an increase of approximately 14%[8] - Revenue from smart meter chips decreased significantly from RMB 594,579,681.69 in 2022 to RMB 273,770,814.68 in 2023, a decline of about 54%[8] - The sales revenue from the non-volatile memory product line was approximately RMB 1.072 billion in 2023[26] - The sales revenue from the smart meter chip product line was approximately RMB 274 million in 2023[27] Future Plans and Strategies - The company plans to continue investing in new technologies and market expansion strategies to drive future growth[4] - The company is focusing on expanding its product lines and entering new markets, particularly in the fields of electric vehicles and renewable energy[28] - The company is applying to issue A-share convertible bonds to raise up to RMB 2 billion for various development projects, including next-generation FPGA platforms and IoT chip development[46] - The group aims to enhance its competitive advantages in technology, service, quality, and brand in 2024, with plans to expand capacity and product application areas[53] - The group will continue to invest in R&D and strengthen its technological advantages through partnerships and innovation, focusing on cross-domain integrated innovation[53] Dividend and Shareholder Information - The company plans to distribute a cash dividend of RMB 1.00 per share, totaling RMB 81,906,040.00, which is 11.38% of the net profit attributable to shareholders for 2023[18] - The board proposed a final dividend of RMB 1.00 per 10 shares for the year ending December 31, 2023, totaling an expected cash distribution of RMB 81,906,040.00, down from RMB 110,248,627.50 in 2022[54] - The average weighted number of ordinary shares outstanding for the company was 816,735,532 in 2023[22] Compliance and Governance - The audit committee has reviewed the financial statements for the year ending December 31, 2023, confirming compliance with applicable accounting standards and sufficient disclosure[62] - The consolidated financial statements for the year ending December 31, 2023, have been verified by Ernst & Young Hua Ming LLP, confirming consistency with the reported figures[63] - The announcement does not constitute an audit under the standards set by the Hong Kong Institute of Certified Public Accountants, indicating no certification has been issued[63] - The board of directors includes executive directors Jiang Guoxing, Shi Lei, and Yu Jun, along with non-executive and independent non-executive directors[63]
上海复旦(01385) - 2023 - 年度业绩