众智科技(301361) - 2023 Q4 - 年度财报

Financial Performance - The company reported a total revenue of 116,336,000, with a cash dividend distribution of 0.70 CNY per 10 shares[5]. - The company's operating revenue for 2023 was CNY 220,061,594.20, representing a 9.79% increase compared to CNY 200,443,130.54 in 2022[26]. - Net profit attributable to shareholders for 2023 was CNY 73,168,808.72, a 22.04% increase from CNY 59,955,844.02 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was CNY 53,043,749.02, showing a decrease of 9.49% from CNY 58,606,010.75 in 2022[26]. - The total assets at the end of 2023 amounted to CNY 1,129,162,771.74, a 4.27% increase from CNY 1,082,939,146.86 at the end of 2022[26]. - The net assets attributable to shareholders increased by 6.82% to CNY 1,082,856,922.65 at the end of 2023, up from CNY 1,013,687,502.93 in 2022[26]. - The basic earnings per share for 2023 was CNY 0.63, a decrease of 5.97% from CNY 0.67 in 2022[26]. - The cash flow from operating activities for 2023 was CNY 49,564,298.24, down 22.18% from CNY 63,691,646.54 in the previous year[26]. - The company reported a weighted average return on equity of 6.99% for 2023, a decrease of 10.93% from 17.92% in 2022[26]. - The company reported a total non-operating income of 20,125,059.70 in 2023, a significant increase from 1,349,833.27 in 2022, representing a growth of approximately 1,392.5%[32]. Market and Industry Insights - The company operates in the "C Manufacturing" sector, specifically in "C38 Electrical Machinery and Equipment Manufacturing," focusing on automation products and solutions[36]. - The non-road internal combustion engine market in China saw sales of 140.29 thousand units for generator sets in 2023, up from 125.30 thousand units in 2022, reflecting a growth of about 12%[39]. - The global diesel generator market is projected to grow from $17.5 billion in 2020 to $30 billion by 2027, with a compound annual growth rate (CAGR) of 8%[40]. - The emergency power supply market in China is expected to exceed 1 trillion yuan by 2025, driven by government investments and increasing demand for emergency equipment[42]. - The company aims to leverage advancements in intelligent control systems to enhance the application space for internal combustion engines in emergency power supply systems[42]. - The company is committed to developing new generation internal combustion engine technologies to meet carbon neutrality goals and improve efficiency[39]. Research and Development - The company's R&D investment accounted for 9.71% of operating revenue, with 22 new patents authorized during the reporting period, including 21 utility model patents[86]. - As of December 31, 2023, the company has obtained a total of 436 patent authorizations, including 30 invention patents and 243 utility model patents[86]. - The company has completed the IMCS intelligent microgrid control system project, which aims to enhance energy efficiency and reduce fossil fuel consumption[108]. - The company is developing a fuel heater, which will enhance its product line in the diesel generator market[109]. - The company aims to strengthen its competitive position in the energy storage sector through innovative solutions and new product developments[108]. Governance and Management - The board of directors consists of 9 members, including 3 independent directors, ensuring a balanced governance structure[147]. - The company has established a transparent process for the appointment and evaluation of senior management, ensuring compliance with regulations[150]. - The company emphasizes the importance of information disclosure, ensuring that all disclosures are accurate, timely, and complete[152]. - The company has a robust governance structure with clear responsibilities and management systems, allowing departments to operate independently without external interference[159]. - The company has a complete and independent business system, capable of conducting operations without reliance on controlling shareholders or related parties[160]. Strategic Plans and Future Outlook - The company plans to focus on core technology R&D in generator control, multi-machine parallel technology, and hybrid energy control technology over the next three years (2023-2025)[136]. - The company aims to enhance its product lines in the new energy/hybrid energy sector, with ongoing development of BMS and EMS series products[137]. - The management anticipates a positive outlook for the upcoming fiscal year, with expectations of revenue growth driven by new product launches[176]. - The company plans to strengthen its market expansion efforts in both domestic and international markets, particularly in engineering machinery and energy storage sectors[140]. Social Responsibility and Community Engagement - The company is actively involved in social responsibility initiatives, including efforts to support rural revitalization[9]. - The company is committed to advancing the digitalization and intelligentization of power systems, which is crucial for achieving low-carbon and high-efficiency performance[55]. Employee and Board Dynamics - The total remuneration paid to directors, supervisors, and senior management during the reporting period amounted to 4.8233 million yuan[180]. - The company has established a flexible compensation system linked to performance, which has contributed to steady improvement in operational performance[194]. - The total number of employees at the end of the reporting period is 368, with 136 in production, 36 in sales, 148 in technology, 7 in finance, and 41 in administration[192].