泰嘉股份(002843) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was ¥977,751,414.03, an increase of 85.64% compared to ¥526,700,015.49 in 2021[34]. - The net profit attributable to shareholders for 2022 was ¥130,498,370.03, reflecting an 86.90% increase from ¥69,822,412.52 in 2021[34]. - The net profit after deducting non-recurring gains and losses was ¥109,091,168.77, which is a significant increase of 153.95% compared to ¥42,958,424.20 in 2021[34]. - The total assets at the end of 2022 reached ¥1,986,333,238.08, marking a 95.94% increase from ¥1,013,734,184.44 at the end of 2021[34]. - The net assets attributable to shareholders increased by 19.43% to ¥704,906,527.42 from ¥590,208,743.31 in 2021[34]. - The basic earnings per share for 2022 was ¥0.62, up 82.35% from ¥0.34 in 2021[34]. - The diluted earnings per share also stood at ¥0.62, reflecting the same growth of 82.35% compared to ¥0.34 in 2021[34]. - The company reported a weighted average return on equity of 20.38%, an increase of 7.23 percentage points from 13.15% in 2021[34]. - The company's revenue from the top five customers totaled ¥387,953,211.25, accounting for 39.68% of the annual sales[98]. - The company reported a financial income of approximately ¥32.75 million in 2022, a significant recovery from a loss of approximately ¥1.04 million in 2021[110]. Business Operations and Strategy - The company reported a significant asset restructuring in September 2022, acquiring Dongguan Botai Electronics Co., Ltd., which expanded its business into power supply, establishing a dual main business model of "cutting + power supply"[30]. - The company completed a major asset restructuring in September 2022, acquiring control of Platinum Electronics, which has strengthened its position in the consumer electronics power supply sector[69]. - The full acquisition of Meterson has further solidified the company's cutting business, enhancing its market competitiveness and operational capabilities[70]. - The company aims to enhance its market share in the saw cutting business with a "Double Fifty" development target during the 14th Five-Year Plan period[86]. - The company has implemented a divisional structure to improve internal efficiency, establishing saw cutting and power divisions[87]. - The company plans to maintain industry leadership in the saw cutting business through research innovation and technology upgrades[88]. - The company is focusing on vertical integration of the supply chain in the power business to ensure stable supply and cost reduction[88]. - The company has initiated a stock incentive plan to motivate core team members in the power business segment[87]. - The company is actively cultivating and recruiting talent to enhance management levels in line with its strategic development needs[88]. - The company plans to continue expanding its market presence and investing in new technologies following the restructuring of Platinum Electronics[155]. - The company is focused on integrating the operations of acquired entities to enhance overall performance and efficiency[155]. - Future guidance indicates a commitment to maintaining growth through strategic acquisitions and product development initiatives[155]. Research and Development - The company has invested in R&D, successfully developing and launching new energy photovoltaic/storage power supply products, which are now in mass production[72]. - The company successfully developed several new product series in 2022, including high-speed cutting tools and specialized saw blades for titanium alloys[133]. - R&D personnel increased by 174.47% to 258 in 2022, reflecting the addition of R&D staff from the merger with Platinum Electronics[139]. - The proportion of R&D investment to operating revenue decreased to 4.00% in 2022 from 5.31% in 2021[139]. - The company aims to enhance high-end product performance, with a target of over 20% improvement in product lifespan and up to 50% reduction in production costs for new products[139]. Financial Management - The company plans not to distribute cash dividends, issue bonus shares, or increase capital using reserves[5]. - The company has engaged Tianzhi International Accounting Firm for auditing services during the reporting period[28]. - The company’s management discusses potential risks in future operations in the report[4]. - The company reported a risk of declining gross profit margin due to market competition and rising raw material prices[88]. - The direct material cost for bimetal band saw blades was ¥207,062,709.16, representing 62.93% of the total operating cost in 2022, an increase of 26.20% compared to 2021[94]. - Management expenses rose by 27.92% to ¥91,157,779.86 in 2022, primarily due to the consolidation of Platinum Electronics[136]. - R&D expenses surged by 39.96% to ¥39,152,210.33 in 2022, also influenced by the consolidation of Platinum Electronics[136]. - Operating cash inflow increased by 85.00% to ¥974,424,257.24 in 2022, attributed to the consolidation of Platinum Electronics[142]. - Investment cash inflow rose significantly by 447.52% to ¥270,508,073.54 in 2022, driven by increased recovery of financial investments and the consolidation of Platinum Electronics[146]. - The net increase in cash and cash equivalents soared by 4,636.76% to ¥92,203,690.95 in 2022, mainly due to the consolidation of Platinum Electronics[150]. - Cash and cash equivalents increased to ¥171,715,312.29, representing 8.64% of total assets, up from 6.13% at the beginning of the year, a change of 2.51%[154]. - Accounts receivable rose to ¥415,526,709.88, accounting for 20.92% of total assets, an increase of 13.96% from 6.96% at the start of the year[154]. - Inventory increased to ¥274,575,475.62, making up 13.82% of total assets, up 3.19% from 10.63% at the beginning of the year[154]. - Short-term borrowings reached ¥365,860,020.82, which is 18.42% of total assets, an increase of 5.07% from 13.35% at the start of the year[154]. - Goodwill amounted to ¥134,384,459.00, representing 6.77% of total assets, primarily due to the acquisition of Meitec and the consolidation of Platinum Electronics[154]. - The company reported a significant increase in accounts payable to ¥388,106,860.79, which is 19.54% of total assets, up 13.13% from 6.41% at the beginning of the year[196]. - Deferred tax assets increased to ¥107,316,601.69, accounting for 5.40% of total assets, up from 0.72% at the start of the year, a change of 4.68%[196]. Corporate Governance - The company’s financial report is guaranteed to be true, accurate, and complete by its management, including the chairman and accounting heads[4]. - The company emphasizes the importance of risk awareness regarding forward-looking statements in the report[4]. - The company’s stock is listed on the Shenzhen Stock Exchange under the code 002843[23]. - The company’s registered address is located in Changsha, Hunan Province, with a postal code of 410200[24]. - The company’s website is http://www.bichamp.com, providing further information and updates[24]. - The company was recognized as a "Manufacturing Single Champion Demonstration Enterprise" and received a nomination for the Provincial Quality Award in 2022[130].