捷安高科(300845) - 2023 Q4 - 年度财报

Fundraising and Utilization - The total amount of funds raised by the company was RMB 40,707.67 million, with a net amount of RMB 34,017.12 million after deducting issuance costs of RMB 6,690.55 million[3]. - As of the end of the reporting period, the company had utilized RMB 17,363.74 million of the raised funds, leaving RMB 16,653.38 million unutilized[3]. - The unutilized raised funds are currently held in a dedicated account as of December 31, 2023[10]. Project Progress and Investment - The company invested RMB 1,883.61 million in the reporting period, with a cumulative investment of RMB 17,363.74 million[4]. - The progress of the "Virtual Simulation Training System for Rail Transit" project reached 42.86% of the planned investment of RMB 11,553.25 million, with RMB 4,951.20 million utilized[4]. - The "Safety Operation Simulation Industrialization Project" has achieved 33.11% of its planned investment of RMB 9,665 million, with RMB 3,200.32 million utilized[4]. - The "R&D Center Project" has reached 24.20% of its planned investment of RMB 4,798.87 million, with RMB 1,161.47 million utilized[4]. - The company plans to complete the projects by December 30, 2024, due to delays caused by various external factors[5]. - There are no changes in the feasibility of the projects during the reporting period[11]. Financial Performance - The company's operating revenue for 2023 was ¥355,987,486.35, representing an increase of 18.16% compared to ¥301,287,628.24 in 2022[59]. - The net profit attributable to shareholders for 2023 was ¥50,339,530.72, a 12.44% increase from ¥44,768,969.96 in 2022[59]. - The net cash flow from operating activities reached ¥83,084,709.32 in 2023, a significant increase of 259.86% compared to ¥23,087,881.05 in 2022[59]. - Basic and diluted earnings per share for 2023 were both ¥0.45, up 12.50% from ¥0.40 in 2022[59]. - The total assets at the end of 2023 were ¥1,069,816,134.77, reflecting a growth of 7.84% from ¥992,037,049.05 at the end of 2022[59]. - The net assets attributable to shareholders increased to ¥817,888,713.17 at the end of 2023, a rise of 5.81% from ¥772,987,157.49 at the end of 2022[59]. - The company reported a net profit of ¥44,447,817.90 in Q4 2023, a significant recovery from a loss of ¥6,225,726.47 in Q1 2023[62]. Expenses and Cost Management - Sales expenses increased by 19.02% to ¥62,672,688.19 in 2023 from ¥52,658,158.85 in 2022, primarily due to increased market promotion and expansion efforts[25]. - Management expenses rose by 15.39% to ¥37,816,389.24 in 2023 from ¥32,773,489.42 in 2022, mainly due to increased depreciation, amortization, and office expenses[25]. - The direct material costs for the rail transit simulation training system increased by 25.93% to ¥90,129,808.95, accounting for 73.84% of the total cost[111]. - The company's direct labor costs decreased by 3.58% to ¥14,548,627.13, accounting for 8.55% of the total cost[111]. Research and Development - The company plans to enhance its research and development investment to maintain its leading position in virtual simulation technology[16]. - The company has established a robust R&D system, holding 434 software copyrights and 166 patents, ensuring a strong technological advantage in the industry[88]. - The number of R&D personnel increased by 9.50% to 219 in 2023, with the proportion of R&D staff rising to 35.38% of the total workforce[120]. - The company's R&D expenses increased by 13.78% to ¥39,803,372.99 in 2023, compared to ¥34,982,249.95 in 2022[118]. - The R&D investment accounted for 11.18% of operating revenue in 2023, slightly down from 11.61% in 2022[120]. Market Position and Strategy - The company is focusing on brand building and enhancing its market presence through improved customer interaction and participation in domestic and international skill competitions[20]. - The company is actively exploring the aviation training market, conducting market research to identify target customer groups and training needs[101]. - The company aims to integrate cutting-edge technologies like virtual reality and simulation into education and training, aligning with national policies promoting vocational education[78]. - The company's business model includes a focus on customized product solutions based on client needs, enhancing its market competitiveness[82]. Risk Management - The company has established a comprehensive internal control system to strengthen risk management and reduce the likelihood of risks impacting financial performance[19]. - The company is facing risks related to the timely collection of accounts receivable, which could impact cash flow and operational efficiency[22]. - The company has implemented measures to strengthen customer credit management, which has contributed to the reduction in accounts receivable[190]. Shareholder Returns - The profit distribution plan approved by the board is to distribute a cash dividend of 2.5 yuan (including tax) for every 10 shares, and to increase capital by transferring 3 shares for every 10 shares held[35]. - The company reported a total of 56 million yuan in cash dividends to shareholders, reflecting a commitment to return value to investors[35]. Compliance and Governance - The company has maintained compliance with information disclosure regulations, ensuring transparency and accuracy in financial reporting[194]. - The company adheres to the accrual basis of accounting, reflecting its financial position and results accurately as of December 31, 2023[163]. - The company's financial reports reflect the consolidated financial status and operational results for the fiscal year 2023[163].