FJR(SH:688272)2024-04-24 08:54Financial Performance - The company reported a net profit attributable to shareholders of -96,318,668.17 yuan for the year 2023, with the parent company achieving a net profit of -86,495,669.61 yuan[7]. - As of December 31, 2023, the parent company's undistributed profits amounted to -64,763,983.87 yuan[7]. - The company plans not to distribute profits or increase capital reserves for the year 2023, focusing on maintaining stable operations[7]. - The company's operating revenue for 2023 was ¥209,334,114.14, representing an increase of 88.77% compared to ¥110,891,094.70 in 2022[22]. - The net loss attributable to shareholders for 2023 was ¥96,318,668.17, compared to a loss of ¥87,730,452.67 in 2022[22]. - The net cash flow from operating activities for 2023 was ¥26,945,005.89, a significant recovery from a negative cash flow of ¥97,385,180.55 in 2022[22]. - The total assets at the end of 2023 were ¥669,727,745.53, down 10.58% from ¥748,961,427.23 at the end of 2022[23]. - The company's net assets attributable to shareholders decreased by 15.90% to ¥490,789,552.29 in 2023 from ¥583,608,785.45 in 2022[22]. - The basic earnings per share for 2023 was -¥1.27, compared to -¥1.15 in 2022[24]. - The weighted average return on net assets for 2023 was -17.99%, a decrease of 4.07 percentage points from -13.92% in 2022[24]. Risk Management - The company was placed under delisting risk warning due to negative net profit and revenue below 100 million yuan in 2022, but has since met the criteria to apply for the removal of this warning[4]. - The company has not identified any significant risks that could materially affect its operations during the reporting period[5]. - The company will continue to disclose progress regarding its application to lift the delisting risk warning, pending approval from the Shanghai Stock Exchange[4]. - There were no non-operating fund occupations by controlling shareholders or related parties reported[9]. - The company has not violated decision-making procedures for external guarantees[9]. Research and Development - The R&D expenditure as a percentage of operating revenue was 34.69% in 2023, down from 43.68% in 2022[24]. - The company is actively engaged in the development of new technologies and products to drive future growth[22]. - The company added 12 new patents and 3 new software copyrights during the reporting period, totaling 79 valid patents[37]. - The company achieved a 49.92% increase in research and development expenses, totaling approximately ¥72.61 million in the current year compared to ¥48.43 million in the previous year[90]. - The R&D investment accounted for 34.69% of the operating income, a decrease of 8.99% from the previous year[91]. - The company has established strong technical reserves in infrared thermal imaging technology, with advancements in various core technologies[110]. Market Strategy - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming year[22]. - The company aims to expand its presence in the civilian market, focusing on applications in industrial temperature measurement, gas detection, and security monitoring[72]. - The company is positioned as a midstream supplier for state-owned military enterprises, focusing on equipment matching and horizontal development[71]. - The company is actively enhancing its R&D capabilities and governance to mitigate risks associated with new product development failures[119]. - The company is focusing on expanding its market presence through innovative product development and advanced technology integration[80]. Product Development - The company is focusing on the R&D and industrialization of non-cooling infrared detectors, which are critical upstream components[38]. - The company has developed a multi-spectral thermal imaging device with a cost reduction of approximately 40% compared to previous models, enhancing its market competitiveness[96]. - The company has successfully developed and mass-produced multifunctional handheld thermal imagers and other advanced products, enhancing its competitive edge[72]. - The company is developing a non-cooled infrared thermal imaging detector, which will utilize infrared MEMS chips to convert infrared optical signals into weak electrical signals[55]. - The company achieved a high-performance non-cooling infrared detector chip with a response rate of 100 LSB/K, NETD of 35 mK, and a frame rate of 50 Hz, filling a technological gap in core detection chips[84]. Financial Health - The company reported a total revenue of 10,721 million CNY, with a year-on-year increase of 47.5% compared to 7,261.12 million CNY in the previous period[96]. - The company achieved a total revenue of 5,713.57 million RMB, with a net profit of 1,874.47 million RMB, representing a significant increase compared to the previous period[103]. - The company reported a revenue increase of 15% year-over-year, reaching $1.2 billion in Q4 2023[180]. - The company reported a significant increase in revenue, achieving a total of $1.2 billion for the fiscal year, representing a 15% year-over-year growth[182]. - The company reported a gross margin of 45%, up from 42% in the previous year, indicating improved operational efficiency[182]. Governance and Compliance - The company has established a robust internal control system to enhance risk prevention and operational standards[172]. - The company held two shareholder meetings during the reporting period, with all proposals approved and no proposals rejected[174]. - The total pre-tax remuneration for current and former directors, supervisors, and senior management in 2023 amounted to 10.95 million yuan[178]. - The company has maintained compliance with legal and regulatory requirements for the convening and conducting of shareholder meetings[174]. - The company has undergone changes in its board composition, with several new appointments and resignations in 2023[192].