中科海讯(300810) - 2023 Q4 - 年度财报

Financial Performance - In 2023, the company's total revenue reached 16,458.04 million CNY after price adjustments, compared to 21,804.50 million CNY in 2022, reflecting a significant impact from pricing adjustments [14]. - The company reported a net profit attributable to shareholders of -15,692.37 million CNY for 2023, with a credit impairment loss of 7,887.57 million CNY due to receivables [14]. - The company's operating revenue for 2023 was ¥164,580,434.92, a decrease of 24.52% compared to ¥218,045,033.92 in 2022 [58]. - The net profit attributable to shareholders for 2023 was -¥156,923,683.82, representing a decline of 1,338.10% from ¥12,674,556.66 in 2022 [58]. - The net profit after deducting non-recurring gains and losses was -¥162,899,192.47, a decrease of 3,496.52% compared to ¥4,796,066.52 in the previous year [58]. - The basic earnings per share for 2023 was -¥1.3293, down 1,337.71% from ¥0.1074 in 2022 [58]. - The company's cash flow net amount from operating activities was -¥70,446,470.74, a decline of 88.49% compared to -¥37,374,942.62 in 2022 [58]. - The company's weighted average return on net assets was -16.53% for 2023, down from 1.24% in 2022 [58]. - The company's undistributed profits decreased by 65.13% to CNY 85.28 million from CNY 244.57 million in the previous year [135]. - The company’s cash flow from operating activities showed a net outflow of 70.45 million yuan, worsening from a net outflow of 37.37 million yuan in the previous year [158]. Research and Development - The company has developed a third-generation underwater acoustic signal processing platform with an annual production capacity of 130 units, responding to increasing demand for domestic products [17]. - The company has completed the development of a domestic core processing chip, HX-A200, which supports sonar data processing and artificial intelligence computing environments [17]. - The company has made significant investments in R&D, particularly in integrating underwater acoustic technology with high-performance computing and artificial intelligence [10]. - The company is focusing on integrating artificial intelligence and big data technologies into sonar systems to enhance performance and intelligence [120]. - The company plans to integrate underwater acoustic technology with high-performance computing, big data, and artificial intelligence for future R&D [160]. - The company’s R&D team consists of 228 members, with 10 PhDs and 61 Masters, accounting for 61.46% of the total workforce [151]. - The company is investing 100 million RMB in R&D for new technologies, focusing on AI and machine learning applications [186]. Product Development and Market Strategy - The company has achieved a systematic product layout in underwater acoustic big data, integrating data systems with intelligent sonar systems and unmanned detection systems [17]. - The company has focused on customized production based on signed contracts, adapting product designs according to customer needs, which allows for small batch production [7]. - The company's forward-looking collision avoidance sonar system has completed domestic adaptation and related testing in 2023, entering mass production and delivery stages, with expected steady growth in order volume for 2024 [20]. - In 2023, the company secured a smart sonar project with a total bid amount nearing 100 million yuan, successfully completing key technology validation and prototype development, with delivery expected in 2024 [21]. - The company has completed the development and delivery of a certain type of underwater simulation training system in 2023, with the first set of products delivered to customers, and plans to promote this project in 2024 [21]. - The company has achieved significant progress in underwater big data, with two types of underwater big data collection systems from 2022 entering mass production and delivery, laying a solid foundation for its big data business [21]. - The company plans to leverage its research achievements in underwater big data and high-performance computing to expand its market presence in multi-level data center construction for various training bases and research institutions in 2024 [22]. - The company has received bulk orders for its forward-looking collision avoidance sonar products, indicating strong market demand [119]. - The company has completed the first phase of a data computing center project in 2023, with delivery expected in 2024, and is pursuing further similar projects [147]. Intellectual Property and Compliance - As of December 31, 2023, the company holds 23 authorized invention patents, an increase of 5 from the previous year, along with 204 software copyrights, which increased by 6 [10]. - The company’s financial statements have been signed and stamped by responsible parties, ensuring compliance with regulatory standards [74]. - The company has not reported any significant changes in accounting data that would require restatement for previous years [85]. Management and Governance - The company has undergone significant management changes in 2023, with multiple key personnel resignations and appointments aimed at improving operational efficiency [168]. - The company disclosed its commitment to expanding its business through the management of its subsidiaries, particularly in the technology sector [167]. - The management changes reflect the company's strategic focus on innovation and market expansion in the technology industry [167]. - The company is actively engaging in the recruitment of experienced professionals to strengthen its leadership team and drive future growth [168]. - The total pre-tax remuneration for directors, supervisors, and senior management during the reporting period amounted to CNY 1,023.02 million [190]. - The chairman, Cai Huizhi, received a total pre-tax remuneration of CNY 749,800 [190]. - The total remuneration for the general manager, Zheng Hongtao, was CNY 1,273,200 [194]. - The board of directors held a total of three meetings during the reporting period, with significant resolutions including the establishment of a wholly-owned subsidiary and the temporary use of idle raised funds [195]. Market Outlook and Future Plans - The national defense budget for 2024 is set at 1,665.54 billion yuan, reflecting a year-on-year growth of 7.2%, maintaining a stable increase in defense spending for nine consecutive years, which supports the company's market outlook [24]. - The company has projected a revenue growth of 10% for the next fiscal year, targeting 1.65 billion RMB [186]. - New product launches are expected to contribute an additional 200 million RMB in revenue in the upcoming year [186]. - Market expansion plans include entering three new international markets by Q3 2024, aiming for a 5% market share in each [186]. - The company plans to implement a shareholder dividend return plan for the years 2023-2025 [198].