Financial Performance - The company's operating revenue for the year ended December 31, 2022, was RMB 13,830.3 million, representing a growth of approximately 45.0% compared to RMB 9,536.1 million in 2021[2]. - Gross profit was RMB 3,243.2 million, with a gross margin of 23.5%, up from 19.6% in the previous year[2]. - Net profit attributable to shareholders was RMB 1,167.0 million, reflecting an increase of approximately 64.7% from RMB 708.5 million in 2021[2]. - Revenue from domestic operations increased by approximately 42.4%, while revenue from overseas operations grew by approximately 50.5% compared to the previous year[2]. - The total comprehensive income for the year was RMB 1,189.4 million, compared to RMB 711.0 million in the previous year[5]. - The company's consolidated net profit attributable to ordinary shareholders for 2022 was RMB 1,166,998,457, an increase of 64.6% compared to RMB 708,506,406 in 2021[25]. - The basic earnings per share for 2022 was RMB 1.54, up from RMB 0.94 in 2021, reflecting a growth of 64.0%[26]. - The adjusted net profit attributable to ordinary shareholders for 2022 was RMB 1,166,436,457, compared to RMB 708,074,406 in 2021, indicating a 64.5% increase[25]. - The company reported a pre-tax profit of RMB 1,151,970,808 for 2022, which is a significant increase from RMB 748,001,169 in 2021, representing a growth of 54.0%[20]. Dividends and Shareholder Returns - The company proposed a final dividend of RMB 0.462 per share for the year ended December 31, 2022, compared to RMB 0.281 per share in 2021[2]. - The company declared cash dividends of RMB 562,000 for the current year, compared to RMB 432,000 in the previous year, reflecting a 30.0% increase[25]. - The company will withhold a 10% tax rate on dividends for shareholders investing through the Shanghai-Hong Kong Stock Connect[97]. - The company will withhold a 20% tax rate on dividends for mainland individual investors investing in its H shares through the Stock Connect[98]. Assets and Liabilities - Total assets as of December 31, 2022, amounted to RMB 28,203.3 million, an increase from RMB 19,478.6 million in 2021[7]. - The total liabilities increased to RMB 13,666,245,433 in 2022 from RMB 8,893,621,576 in 2021, reflecting a growth of about 53.5%[8]. - The total equity attributable to shareholders rose to RMB 10,144,245,884 in 2022, compared to RMB 9,781,997,943 in 2021, showing an increase of approximately 3.7%[8]. - The total amount of short-term borrowings as of December 31, 2022, was RMB 1,754,882,426, compared to RMB 1,717,697,001 in the previous year[50]. - The total amount of accounts payable was RMB 2,031,652,081 as of December 31, 2022, compared to RMB 1,773,023,142 in the previous year[52]. - The total amount of long-term borrowings was RMB 3,950,988,482 as of December 31, 2022, compared to RMB 1,289,500,000 in the previous year[54]. Research and Development - Research and development expenses for the year were RMB 783.9 million, compared to RMB 473.2 million in 2021, indicating a focus on innovation[3]. - Research and development expenses increased by 65.7% to approximately RMB 783.9 million, compared to RMB 473.2 million in 2021, reflecting increased investment in R&D[64]. Market and Operational Insights - The company plans to continue evaluating the performance of each segment to allocate resources effectively[32]. - The company plans to expand its market presence and invest in new product development to enhance competitive advantage in the optical components sector[34]. - The company is focused on developing new products and technologies, including ultra-low loss optical fibers, to meet the demands of long-distance and high-capacity connections[90]. - The company achieved a significant improvement in production efficiency through technological innovation and digital transformation, enhancing its manufacturing capabilities[90]. - The company is preparing to enhance its capabilities in offshore wind power installation, with its subsidiary, Changfei Baosheng Marine Engineering Co., Ltd., expected to achieve significant market breakthroughs in 2023[94]. Corporate Governance and Compliance - The company has established an audit committee consisting of three independent non-executive directors to oversee financial reporting and internal controls[99]. - The company has complied with all provisions of the corporate governance code during the fiscal year ending December 31, 2022[101]. - The company has not repurchased, sold, or redeemed any of its listed securities during the fiscal year 2022[99]. - The company emphasizes that forward-looking statements are subject to risks and uncertainties, including changes in the regulatory environment and market growth in China[102]. Strategic Acquisitions and Investments - The group completed the acquisition of Wuhu Qidi Semiconductor Co., Ltd. and Wuhu Terahertz Engineering Center Co., Ltd. for a total investment of RMB 779.7 million[80]. - The group acquired a 49% stake in Changfei Optical Fiber Cable (Suzhou) Co., Ltd. for RMB 183.3 million, with its financial performance included in the consolidated financial statements from January 2022[82]. - The company completed the acquisition of Bochuang Technology Co., Ltd., enhancing its position in the optical module and device sector, which is expected to benefit from the growing global market driven by cloud data centers and 5G network demands[93]. - The acquisition of Anhui Changfei Advanced Semiconductor Co., Ltd. in May 2022 has positioned the company to leverage the growing market for third-generation semiconductor products, particularly in the electric vehicle sector[94]. Employee and Workforce Development - The group employed approximately 10,532 full-time employees as of December 31, 2022, an increase from 7,889 full-time employees as of December 31, 2021[78]. - The company implemented an employee stock ownership plan, repurchasing 2,000,000 shares for 100 employees[27].
长飞光纤光缆(06869) - 2022 - 年度业绩