澄天伟业(300689) - 2023 Q4 - 年度财报

Financial Performance - The company reported a cash dividend of 0.42 CNY per 10 shares (including tax) for all shareholders, with no bonus shares issued[3]. - The company experienced a decline in performance during the reporting period, with specific reasons and improvement measures detailed in the management discussion section[3]. - The company's operating revenue for 2023 was ¥394,279,154.06, a decrease of 26.26% compared to ¥534,698,528.28 in 2022[20]. - Net profit attributable to shareholders was ¥8,917,630.54, down 78.94% from ¥42,344,675.81 in the previous year[20]. - Basic and diluted earnings per share were both ¥0.08, a decline of 78.38% compared to ¥0.37 in 2022[20]. - The company reported a total of ¥11,152,571.11 in non-recurring gains and losses for 2023, compared to ¥8,172,973.98 in 2022[26]. - The smart card manufacturing sector accounted for 100% of the total revenue, with smart card products generating CNY 298.39 million, a decline of 29.79% from the previous year[64]. - Domestic sales were CNY 145.11 million, representing 36.80% of total revenue, down 30.20% year-on-year[65]. - International sales reached CNY 249.17 million, making up 63.20% of total revenue, a decrease of 23.75% compared to the previous year[65]. - The company produced 758 million smart cards in 2023, a 30.90% decrease from 1.10 billion in 2022[67]. - The gross profit margin for the smart card manufacturing industry was 17.26%, down 3.36% from the previous year[65]. - The semiconductor product revenue was CNY 48.60 million, down 33.49% year-on-year[64]. - The company achieved a net profit attributable to shareholders of 8.92 million yuan for the year 2023, with a parent company net profit of 26.42 million yuan[162]. Cash Flow and Investments - The net cash flow from operating activities increased by 3.42% to ¥71,147,967.07 from ¥68,796,041.52 in 2022[20]. - Investment activities resulted in a net cash outflow of ¥77,423,801.18 in 2023, a significant decrease from a net inflow of ¥42,582,050.65 in 2022[84]. - The cash and cash equivalents net increase was negative at -¥22,283,132.21, a decline of 122.11% compared to the previous year[84]. - The company reported an investment income of ¥4,532,092.81, accounting for 43.75% of total profit[86]. Market and Industry Outlook - The company operates in the integrated circuit industry, which is supported by various government policies and initiatives aimed at promoting technological advancement[30]. - The global semiconductor industry sales in 2023 decreased by 8.2% year-on-year, with a recovery in the second half of the year, particularly a 11.6% increase in Q4 sales compared to Q4 2022, totaling $146 billion[36]. - The smart card market in China has entered a mature phase, with significant growth opportunities in overseas markets, particularly in Southeast Asia, the Middle East, Africa, and South America[35]. - The overseas smart card market is showing growth potential, with increased overseas revenue as the company seeks long-term development opportunities[50]. Research and Development - The company has been recognized as a "National High-tech Enterprise" and has 179 patents, including 4 invention patents and 47 software copyrights[37]. - The company has completed the R&D of certain security chips, primarily applied in information security and signal transmission security, and will explore application scenarios to enrich its product line[46]. - The company has launched power semiconductor packaging materials, completing the production of lead frames for power devices[47]. - In 2022, the company completed R&D for MOSFETs, IGBTs, and IGBT modules, expanding its product line in digital energy and IoT sectors[48]. - The company has developed a method to improve the reliability of flash memory under various application scenarios, significantly enhancing data retention capabilities[79]. - The company has developed a non-contact smart card reading and writing detection device, achieving a significant improvement in work efficiency and cost reduction[80]. Production and Operations - The company is enhancing its production capacity and automation levels in smart card manufacturing to improve efficiency and product quality[42]. - The company has a production capacity exceeding 1.5 billion smart cards and 2 billion dedicated chips annually, positioning itself as a leading player in the industry[59]. - The company has implemented a fully automated timing system for AOI control, enabling both manual and automatic operation[80]. - The company has established a comprehensive internal management system to enhance operational efficiency and safeguard assets[169]. Governance and Compliance - The company is committed to enhancing its governance structure to ensure compliance with regulations and protect shareholder rights[114]. - The board of directors consists of 5 members, including 2 independent directors, complying with legal and regulatory requirements[117]. - The supervisory board has 3 members, including 2 employee representatives, also meeting legal and regulatory standards[118]. - The company adheres to strict information disclosure practices, ensuring timely and accurate communication with investors[120]. - The company has not reported any major internal control deficiencies, indicating a robust internal control environment[173]. Employee and Management - The total number of employees at the end of the reporting period is 577, with 142 in the parent company and 435 in major subsidiaries[155]. - The company has established a performance-based remuneration system for senior management, including basic salary, performance pay, and year-end bonuses[144]. - The total remuneration paid to directors, supervisors, and senior management in 2023 amounted to 1.4413 million yuan[145]. - The company emphasizes internal and external training programs to enhance employee skills and management capabilities[158]. Environmental Responsibility - The company has implemented measures to reduce carbon emissions, including using recycled water and optimizing energy consumption across its production lines[177]. - The company adheres to environmental regulations and has not faced any administrative penalties related to environmental issues during the reporting period[177].