超声电子(000823) - 2023 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2023 was ¥5,457,355,570.10, a decrease of 18.22% compared to ¥6,672,882,674.89 in 2022[18]. - The net profit attributable to shareholders for 2023 was ¥195,990,910.99, down 52.98% from ¥416,790,207.84 in the previous year[18]. - The net profit after deducting non-recurring gains and losses was ¥190,934,156.07, a decline of 53.70% from ¥412,411,693.26 in 2022[18]. - The basic earnings per share for 2023 was ¥0.3650, a decrease of 52.98% compared to ¥0.7762 in 2022[18]. - The total assets at the end of 2023 were ¥8,446,040,819.87, a decrease of 1.62% from ¥8,585,359,470.53 at the end of 2022[18]. - The net assets attributable to shareholders increased by 2.82% to ¥4,611,426,517.45 from ¥4,485,069,955.98 in 2022[18]. - The cash flow from operating activities for 2023 was ¥665,306,775.26, down 21.01% from ¥842,243,053.69 in 2022[18]. - The company achieved total revenue of CNY 5,457,355,570.10 in 2023, a decrease of 18.22% compared to the previous year[43]. - The net profit attributable to the parent company was CNY 19,599.09 million, down 52.98% year-on-year[42]. - The company's operating costs were CNY 4,463,944.48 million, a reduction of 16.73% from the previous year, primarily due to decreased revenue[43]. - The company reported a gross margin of 17.58% in the electronic components manufacturing sector, a decrease of 1.68% compared to the previous year[47]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of ¥1 per 10 shares to all shareholders, with no bonus shares issued[3]. - The company implemented a cash dividend plan for the 2022 fiscal year, distributing 1 RMB per 10 shares, totaling 53,698,938.20 RMB, which represents 100% of the distributable profit[142]. - The company's profit available for distribution to shareholders was reported at 197,138,896.96 RMB[144]. Research and Development - The company completed 116 new product and technology development projects, with 61 projects entering production[38]. - The company holds a total of 579 patents, including 153 invention patents, and has been recognized as a national-level innovative enterprise[37]. - The number of R&D personnel increased to 1,125 in 2023, representing a growth of 19.94% compared to 2022, with R&D personnel now accounting for 15.00% of the total workforce[61]. - R&D investment amounted to ¥271,113,790.63 in 2023, a decrease of 1.05% compared to ¥273,990,045.58 in 2022, while the R&D investment as a percentage of revenue increased to 4.97% from 4.11%[62]. - The company is actively involved in research and development of new technologies to improve its product offerings and maintain competitive advantage[116]. Market Position and Strategy - The company is positioned in the PCB industry, which accounts for over 50% of the global market share, with a focus on high-density and high-capacity products[29]. - The company has established a competitive edge in the PCB market through advanced manufacturing equipment and core technologies, including high-frequency and high-speed PCB technologies[35]. - The company is focusing on enhancing its technological capabilities and optimizing production processes to improve competitiveness in the PCB industry[86]. - The company aims to enhance its core competitiveness by focusing on high-end products and deepening strategic partnerships with mid-to-high-end clients[100]. - The company plans to enhance its market presence in automotive, medical, and smart home applications to achieve balanced development across multiple sectors[96]. Operational Efficiency - The company is actively pursuing digital factory construction to enhance operational efficiency and reduce costs[42]. - The company has a structured approach to managing labor, personnel, and payroll, further supporting its operational independence[109]. - The company has seen a 15% reduction in operational costs due to improved efficiency measures implemented in 2023[200]. Environmental Compliance - The company has maintained compliance with environmental protection regulations and has obtained pollution discharge permits valid until 2026[158]. - The company has reported a total of 4441 thousand cubic meters of air emissions from its facilities[160]. - The company has implemented measures to ensure that its wastewater and air emissions are within the legal limits[160]. - The company invested 18.6877 million yuan in environmental protection during the reporting period[166]. - The company achieved a 100% compliance rate for all pollutant emissions, meeting environmental assessment requirements[163]. Governance and Management - The company has established a comprehensive governance structure to ensure compliance with legal and regulatory requirements[108]. - The company operates independently from its controlling shareholder in terms of business, personnel, assets, and finance, with a complete accounting system and independent financial management[109]. - The company has a structured approach to decision-making regarding remuneration, involving the board and shareholders[125]. - The company has maintained a good integrity status, with no significant debts due that remain unpaid during the reporting period[182]. Future Outlook - In 2024, the company expects sales revenue of 6.319 billion yuan, a year-on-year increase of 15.80%[100]. - The company has set a performance guidance for 2024, projecting a revenue increase of 20% compared to 2023[199]. - The company is exploring potential mergers and acquisitions to strengthen its market position, with a budget of 1,077 million yuan allocated for this purpose[200]. - Overall, the company remains optimistic about achieving a net profit margin of 18% by the end of 2024, up from 15% in 2023[200].