晓程科技(300139) - 2023 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2023 was CNY 236,961,183.82, an increase of 8.44% compared to CNY 218,520,602.69 in 2022[23]. - The net profit attributable to shareholders was a loss of CNY 34,377,782.08, improving by 58.39% from a loss of CNY 82,628,268.72 in the previous year[23]. - The cash flow from operating activities showed a significant recovery, with a net inflow of CNY 2,606,633.78 compared to an outflow of CNY 20,831,201.47 in 2022, marking a 112.51% improvement[23]. - The basic and diluted earnings per share improved to -0.13 from -0.30, reflecting a 56.67% reduction in losses[23]. - Total assets decreased by 5.87% to CNY 1,135,501,449.61 at the end of 2023, down from CNY 1,206,282,165.90 in 2022[23]. - The net assets attributable to shareholders decreased by 6.62% to CNY 957,831,696.72 compared to CNY 1,025,768,695.34 in the previous year[23]. - The company reported a total revenue after deducting non-operating income of CNY 228,378,858.15 for 2023, up from CNY 212,044,001.32 in 2022[24]. - The company experienced a quarterly revenue of CNY 65,316,376.31 in Q3 2023, with a net profit attributable to shareholders of CNY 3,223,015.73[26]. - The company recorded a loss of CNY 19,469,863.61 attributable to shareholders in Q1 2023, which improved to a profit of CNY 58,512,916.26 in Q2[27]. Solar Power Segment - The company's revenue from solar power generation has significantly decreased due to a substantial drop in electricity prices, impacting overall performance[3]. - The solar power segment generated revenue of CNY 25,270,733.77 in 2023, a decrease of 30.93% from CNY 36,585,473.14 in 2022[53]. Gold Production and Market - In 2023, the global gold market demand remained strong, with a total demand of 4,448 tons, a decrease of only 5% compared to 2022, while the international average gold price reached $1,940.54 per ounce, up 8% year-on-year[34]. - The company's gold mining operations in Ghana produced a total of 150,152.16 tons from the AKROMA mine, with an average grade of 2.174 g/t, resulting in a theoretical metal amount of approximately 326,453.49 grams[40]. - The AKOASE mine had a total output of 94,459.2 tons with an average grade of 1.77 g/t, yielding a theoretical metal amount of about 167,351.2 grams[41]. - In 2023, the company increased its gold production capacity by expanding its mining operations and enhancing its management systems, which included the development of a gold mine management system for better monitoring and efficiency[39]. - The company’s gold consumption in China reached 1,089.69 tons in 2023, reflecting an increase of 8.78% compared to 2022, with gold jewelry consumption rising by 7.97%[36]. - The company has three gold mines in Ghana, namely AKROMA, AKOASE, and FGM, and is focused on enhancing its production capabilities and operational efficiency[36]. - The global central bank demand for gold reached 1,037 tons in 2023, marking the second-highest level in history, indicating a strong trend in gold accumulation[34]. - The company’s total gold production in China was 519.289 tons in 2023, representing a year-on-year growth of 4.31%[35]. - The company's gold sales revenue for 2023 was 155 million, accounting for 65.43% of total revenue[192]. Subsidiaries and Acquisitions - The company has established a new subsidiary, Akroma Gold Trading LLC, in Dubai, which is primarily focused on expanding the downstream gold trading business[14]. - The company has made strategic acquisitions, including a 95% stake in FGM Resources Ghana Limited, enhancing its operational footprint in the region[14]. - The company established a new subsidiary, AD ASTRA HOLDING LIMITED, in Hong Kong with a registered capital of HKD 10,000, holding 100% ownership[61]. - The subsidiary Akroma Gold reported a net profit of GHS 653,028.1, contributing significantly to the company's overall performance[82]. Technological Advancements - The company has launched the XC7000 chip, designed for the digital detonator industry, featuring low power consumption and high precision, positioning it as a leading product in the market[15]. - The company is focusing on technological advancements in integrated circuits, aiming to improve product reliability and performance[15]. - The integrated circuit design business, particularly the XC7000B chip, has completed development and is now in mass production, successfully used in overseas applications[44]. - The company has developed a smart mining management system that enables remote monitoring and data analysis of mining equipment, fully deployed in its own mines[47]. Risk Management and Governance - The company has faced risks related to future developments, which are detailed in the management discussion section of the report[3]. - The company has not provided specific forward-looking guidance or commitments regarding future plans, emphasizing the need for investors to understand the associated risks[3]. - The company has emphasized the importance of maintaining accurate financial reporting and accountability among its management team[3]. - The company has established new subsidiaries during the reporting period, including Tianjixingcheng Holdings Co., Ltd., JCTJ INDUSTRIAL.LTD, and BXC US, Inc., with no significant impact on overall operations[82]. - The company strictly adheres to the requirements of the Company Law and relevant regulations, ensuring compliance in governance and operational activities[88]. - The board of directors has established four specialized committees to enhance decision-making capabilities and governance standards[89]. - The company has a clear asset ownership structure, ensuring no asset or funds are misappropriated by the controlling shareholder[93]. - The company has not faced any objections from the board of directors regarding operational matters during the reporting period[115]. - The supervisory board found no risks during its oversight activities in the reporting period[119]. Employee and Management Structure - The total number of employees at the end of the reporting period is 107, with 35 in the parent company and 72 in major subsidiaries[120]. - The professional composition includes 37 production personnel, 4 sales personnel, 19 technical personnel, 9 financial personnel, 25 administrative personnel, 2 procurement personnel, and 11 management personnel[120]. - The educational background of employees shows 6 with master's degrees or above, 41 with bachelor's degrees, 20 with associate degrees, and 40 with education below associate level[120]. - The company has established a scientific and effective salary management system to attract, motivate, and retain talent, including annual salary systems for executives and performance-based pay for other employees[121]. - The performance-based salary system evaluates work performance quarterly and pays monthly, linking salary to job value[122]. - The audit committee held meetings to review the 2022 annual report and financial statements, ensuring compliance with relevant laws and regulations[116]. - The company has maintained a consistent leadership structure with no reported changes in senior management during the reporting period[96]. Legal Matters and Compliance - The company has filed a lawsuit against MIDA for the return of a bid guarantee and compensation for related losses, with the amount involved approximately $3 million[146]. - The company received a partial compensation of ¥6,180,006.9 from a previous case regarding economic losses totaling ¥11,157,200[145]. - The company has frozen assets amounting to ¥1,800,000 in a case against Guodian Photovoltaic Co., Ltd. and is awaiting resolution[145]. - The company has not reported any penalties or rectifications during the reporting period[147]. - There were no significant related party transactions during the reporting period[149]. - The company has not engaged in any asset or equity acquisitions or sales during the reporting period[150]. - The company has not entered into any major contracts or leasing arrangements during the reporting period[156]. - The integrity status of the company and its controlling shareholders remains good, with no significant debts or court judgments unfulfilled during the reporting period[148]. Incident Reports - Akroma Gold Company experienced an armed robbery resulting in the theft of approximately 12 kg of gold, leading to an estimated direct economic loss of about $900,000[169]. - The incident occurred on April 18, 2024, when 11 armed individuals attacked the company's processing plant in Ghana[169]. - No fatalities were reported, but several local and Chinese employees sustained injuries during the incident[169]. - The company has implemented emergency response measures and enhanced security protocols following the robbery[169]. - Akroma Gold Company has filed complaints with local authorities, including the Chinese embassy and the police department, regarding the incident[169].