KCGJ(SH:600097)2024-03-28 16:00Financial Performance - The company's net profit attributable to shareholders for 2023 is CNY 148,363,220.94, representing a 39.84% increase compared to CNY 106,095,441.66 in 2022[4]. - Total revenue for 2023 is CNY 2,014,553,819.25, which is a 3.79% increase from CNY 1,940,918,187.55 in 2022[20]. - The basic earnings per share for 2023 is CNY 0.62, up 40.91% from CNY 0.44 in 2022[21]. - The company reported a net profit of CNY 97,410,626.57 after deducting non-recurring gains and losses, which is a significant increase of 178.46% from CNY 34,982,151.92 in 2022[20]. - The company's net assets attributable to shareholders at the end of 2023 are CNY 2,242,263,093.51, reflecting a 7.27% increase from CNY 2,090,392,958.28 at the end of 2022[20]. - The net profit attributable to the parent company was 148 million RMB, a significant increase of 39.84% year-on-year, primarily due to rising gross margins and increased asset disposal gains[34]. - The net profit for 2023 was CNY 162,985,011.60, representing a 48.5% increase from CNY 109,703,511.25 in 2022[178]. Cash Flow and Assets - The net cash flow from operating activities for 2023 is CNY 107,416,745.32, a decrease of 11.44% compared to CNY 121,295,137.64 in 2022[20]. - The company's total assets as of the end of 2023 amount to CNY 3,402,941,792.06, a slight decrease of 0.93% from CNY 3,434,777,590.41 at the end of 2022[20]. - Cash and cash equivalents decreased to CNY 518,569,127.49 in 2023 from CNY 632,853,979.16 in 2022, a decline of about 18.1%[168]. - Total current assets increased to CNY 1,568,121,846.78 as of December 31, 2023, up from CNY 1,490,854,330.20 in 2022, representing a growth of approximately 5.2%[168]. - Total non-current assets decreased to CNY 1,834,819,945.28 in 2023 from CNY 1,943,923,260.21 in 2022, reflecting a decline of about 5.6%[169]. Operational Highlights - In 2023, the company's tuna purse seine fleet caught 93,200 tons, a year-on-year decrease of 2.65%, while sales volume dropped by 20.88% to 62,400 tons, resulting in revenue of 776.53 million RMB, a decrease of 2.18% year-on-year[27]. - The company processed 39,200 tons of krill and produced 540 tons of krill powder, generating revenue of 11.27 million RMB during the reporting period[27]. - The company’s tuna processing plant has maintained stable operations since its launch in 2022, achieving a processing yield above the industry average[30]. - The company’s tuna fleet consists of 11 vessels, with an annual catch capacity of approximately 100,000 tons, maintaining a leading position among domestic peers[30]. Dividends and Shareholder Returns - The company plans to distribute a cash dividend of CNY 1.90 per 10 shares, totaling CNY 45,777,946.21, based on a total share capital of 240,936,559 shares as of December 31, 2023[4]. - The company has established a comprehensive cash dividend policy to ensure stability and continuity in shareholder returns[103]. - The company declared a cash dividend amounting to ¥45,777,946.21, which represents 30.86% of the net profit attributable to ordinary shareholders in the consolidated financial statements[106]. Governance and Compliance - The company held 4 shareholder meetings during the reporting period, ensuring all procedures were legally valid and protecting the rights of all shareholders[71]. - The company disclosed 4 regular reports and 37 temporary announcements, ensuring transparency and timely information sharing[73]. - The company has established a sound governance structure with clear responsibilities among the board, supervisory committee, and management[71]. - The company has not faced any penalties from securities regulatory agencies in the past three years[92]. Environmental and Social Responsibility - The company invested ¥485.70 million in environmental protection during the reporting period[111]. - The company achieved a significant increase in photovoltaic power generation, with a year-on-year growth of 721%, raising its share of total electricity consumption from 3% to 17.8%[114]. - The company made a total contribution of ¥5.77 million to public welfare projects during the reporting period[116]. - The company is committed to sustainable fishing practices and has implemented strict operational standards to protect marine biodiversity[113]. Future Outlook - The company aims to achieve an operating income of RMB 2.4 billion and a net profit of RMB 100 million for the year 2024[65]. - The company is focusing on diversifying its business by exploring stable return opportunities in shipping services and expanding its international market presence[31]. - The company plans to enhance its tuna processing industry ecosystem and improve cost management and product innovation[65].