Feiliks(300240)2024-04-25 10:42Financial Performance - Total assets increased by 3.67% to CNY 3,835,884,774.85 in 2023 compared to CNY 3,700,239,656.27 in 2022[14] - Operating revenue decreased by 25.81% to CNY 5,024,426,511.20 in 2023 from CNY 6,772,461,532.19 in 2022[14] - Net profit attributable to shareholders dropped by 79.74% to CNY 21,804,407.01 in 2023 from CNY 107,608,953.40 in 2022[14] - The company reported a net cash flow from operating activities of CNY 138,890,519.65, a decrease of 32.99% compared to CNY 207,259,625.33 in 2022[14] - Basic earnings per share fell by 79.31% to CNY 0.06 in 2023 from CNY 0.29 in 2022[14] - The weighted average return on equity decreased to 1.49% in 2023 from 7.74% in 2022, a decline of 6.25%[14] - Total revenue for the year reached approximately $5.024 billion, with a quarterly breakdown of $1.072 billion in Q1, $1.192 billion in Q2, $1.264 billion in Q3, and $1.497 billion in Q4[16] - Net profit attributable to shareholders was negative $13.76 million in Q1, positive $35.42 million in Q2, positive $20.03 million in Q3, and negative $19.88 million in Q4, indicating volatility in profitability[16] - The net cash flow from operating activities showed significant improvement, with a net inflow of $129.53 million in Q4 compared to a net outflow of $9.66 million in Q1[16] - The company reported a net profit excluding non-recurring items of negative $17.34 million in Q1, positive $11.73 million in Q2, positive $14.31 million in Q3, and negative $48.38 million in Q4, highlighting challenges in maintaining consistent earnings[16] Shareholder Information - The top three shareholders hold significant stakes, with each owning over 10%: Kunshan Yatong Automotive Maintenance Service Co., Ltd. at 11.43%, Kunshan Feida Investment Management Co., Ltd. at 11.43%, and Kunshan Jilida Investment Consulting Co., Ltd. at 10.85%[20] - The company has no preferred shareholders reported during the reporting period, indicating a focus on common equity[21] - There were no significant changes in the top ten shareholders compared to the previous period, suggesting stability in ownership[20] Logistics and Services - The company provides supply chain management services, focusing on integrated logistics and international freight forwarding, enhancing business synergy[3] - The logistics services include VMI/DC management, CKD management, and various transportation modes, with a total capacity of over 5000 TEU for inland shipping[5] - The company has established a two-way multimodal transport system connecting economically developed regions in China to Europe, enhancing its logistics network[5] - The company has a strong cross-regional coordination capability, managing multiple warehouses for different clients across key economic zones[7] - The company actively engages in insurance agency services to provide adequate coverage for warehousing and transportation risks[8] - The CKD management service optimizes logistics by packaging raw materials and components for direct delivery to clients, reducing costs[8] - The company provides a comprehensive logistics service network covering over 50 countries and regions, with partnerships exceeding 30 agents for over 5 years[13] - The company has established a B2B2C transportation network covering major provincial cities in China, enhancing logistics efficiency[10] - The company offers global after-sales logistics solutions, including inventory management and reverse logistics services[11] Environmental Initiatives - The company emphasizes low-carbon and green circular packaging solutions, offering comprehensive services from design to logistics management[5] - The company emphasizes low-carbon green circular packaging solutions, integrating innovative materials and services[12] Operational Efficiency - The VMI and DC service models allow for 24/7 customs clearance, ensuring timely delivery and efficient inventory management[8] - The company has implemented advanced security monitoring systems and quality certifications, maintaining a controlled error rate below 1‰[8] - The cash flow from operating activities in Q4 was a notable turnaround, reflecting improved operational efficiency and revenue generation[16] - The company has not reported any significant differences in financial metrics compared to previously disclosed quarterly reports, indicating consistency in financial performance[16] Dividend Information - The company reported a cash dividend of 0.15 yuan per 10 shares, based on a total of 370,770,200 shares, with no bonus shares issued[2] Strategic Initiatives - The company has not disclosed any major strategic initiatives or new product developments during the reporting period[19]