Financial Performance - The company's revenue for the reporting period was RMB 825,808 thousand, a decrease of 0.92% compared to the same period last year[50]. - Total revenue for the year was RMB 825,808 thousand, down from RMB 833,490 thousand in the previous year[65]. - The company's net profit attributable to shareholders was RMB 218,252 thousand, an increase of 8.45% year-on-year[50]. - The net profit for the period was RMB 218,252 thousand, reflecting an increase of RMB 17,002 thousand or 8.45% year-over-year[146]. - The company's operating income was RMB 825.808 million, a decrease of RMB 7.682 million or 0.92% year-on-year[165]. - The company's profit before tax was RMB 291.84 million, an increase of RMB 22.418 million or 8.32% year-on-year[166]. - The total comprehensive income for the reporting period was RMB 218,252 thousand, an increase of RMB 17,002 thousand or 8.45% compared to RMB 201,250 thousand in the same period of 2022[17]. - Basic earnings per share increased to RMB 13.15 in 2023, up from RMB 12.12 in 2022, marking an increase of 8.5%[102]. Income and Expenses - The company's other income for the reporting period was RMB 11,648 thousand, a decrease of RMB 15,695 thousand or 57.40% compared to RMB 27,343 thousand in the same period of 2022, primarily due to reduced interest income and VAT adjustments[1]. - Financing costs for the reporting period were RMB 20,658 thousand, a decrease of RMB 1,042 thousand or 4.80% from RMB 21,700 thousand in the same period of 2022, mainly due to revisions in some warehouse leases[2]. - Total administrative expenses for the reporting period were RMB 25,700 thousand, a decrease of RMB 3,251 thousand or 11.23% from RMB 28,951 thousand in the same period of 2022, mainly due to reduced R&D expenses[4]. - The company's sales cost for the reporting period was RMB 504,768 thousand, a decrease of RMB 31,458 thousand or 5.87% compared to the same period in 2022[39]. - The company incurred interest expenses of RMB 20,658,000 for lease liabilities in 2023, down from RMB 21,700,000 in 2022, a decrease of 4.8%[96]. - The company reported a decrease in sales costs to RMB 504,768,000 from RMB 536,226,000, resulting in improved margins[196]. Assets and Liabilities - The company's total assets minus current liabilities reached RMB 3,069,922 thousand, an increase from RMB 2,790,974 thousand in the previous year[43]. - The company’s net asset value increased to RMB 2,734,866 thousand, compared to RMB 2,556,481 thousand in the previous year[43]. - The company's current ratio as of December 31, 2023, was 2.81 times, down from 7.66 times in 2022[21]. - The company’s lease liabilities amounted to RMB 330,257 thousand, an increase from RMB 232,138 thousand in 2022[137]. - The company reported a total of RMB 206,377 thousand in trade and other payables, compared to RMB 80,215 thousand in the previous year[134]. Investments and Capital Expenditures - Capital expenditures during the reporting period amounted to RMB 535.767 million, significantly higher than RMB 18.791 million in the same period of 2022[24]. - The company plans to invest approximately RMB 1.44 billion in the construction of the Rizhao Port grain base, expected to be completed in 2024, to enhance its position in grain transshipment and distribution[25]. - The company added RMB 506,767,000 in construction in progress during 2023, significantly higher than RMB 52,261,000 in 2022[104]. Market and Operational Insights - In 2023, China's total grain imports reached 16,196.4 million tons, a year-on-year increase of 11.7%[33]. - Soybean imports accounted for 9,941 million tons, up 11.4%, representing 61.44% of total grain imports[33]. - The company achieved soybean throughput of 10,090 million tons, a year-on-year increase of 10.2%[33]. - The company’s grain throughput completed 11,630 million tons, a year-on-year increase of 6.5%, with the proportion of goods types increasing by 4.3 percentage points[33]. - The company is focusing on enhancing supply chain service capabilities and has completed a cargo throughput of 1.71 billion tons and container throughput of 41.32 million TEUs, with respective year-on-year increases of 5.6% and 10.8%[162]. - The company is implementing advanced technologies for equipment management, including remote control and automation, to improve operational efficiency[178]. Corporate Governance and Future Plans - The company is committed to high standards of corporate governance, which is crucial for its development and the protection of shareholder interests[182]. - The company plans to continue expanding its market presence and developing new products and technologies[60]. - The company has no intention to change the intended use of the proceeds from its initial public offering, ensuring funds are utilized as planned[181].
日照港裕廊(06117) - 2023 - 年度业绩