KAMA(SH:900953)2024-04-25 09:05Financial Performance - The company's operating revenue for 2023 was ¥2,950,060,608.83, representing a 3.10% increase compared to ¥2,861,485,606.29 in 2022[20]. - The net profit attributable to shareholders for 2023 was -¥176,290,728.74, slightly improved from -¥177,731,786.94 in 2022[20]. - The net cash flow from operating activities for 2023 was -¥136,968,818.98, a significant decline from ¥88,407,218.35 in 2022, marking a 254.93% decrease[20]. - The total assets at the end of 2023 were ¥3,280,342,942.64, down 10.99% from ¥3,685,367,891.43 in 2022[20]. - The net assets attributable to shareholders decreased by 41.04% to ¥253,227,592.29 from ¥429,518,321.03 in 2022[20]. - The basic earnings per share for 2023 remained at -¥0.28, unchanged from 2022[21]. - The weighted average return on net assets for 2023 was -51.64%, a decrease of 17.35 percentage points from -34.29% in 2022[21]. - The company reported a net loss of ¥1,072,991,657.14 for 2023, compared to a net loss of ¥1,030,025,372.78 in 2022[175]. - The total comprehensive income for 2023 was a loss of CNY 223,697,308.94, compared to a loss of CNY 261,773,394.15 in 2022[178]. - The company's total equity at the end of the reporting period is CNY 640,000,000, with a total comprehensive loss of CNY 42,966,284.36 for the year[195]. Revenue and Sales - The company reported a quarterly revenue of ¥741,095,193.12 in Q1, ¥807,471,858.62 in Q2, ¥687,380,943.68 in Q3, and ¥714,112,613.41 in Q4 of 2023[22]. - In 2023, the company sold 73,200 units of cargo vehicles, an increase of 35.35% year-on-year[31]. - The company's revenue reached 2.95 billion RMB, a growth of 3.1% compared to the previous year[31]. - The sales revenue from cargo vehicles reached RMB 2,595,716,613.92, which is a critical performance indicator for the company[160]. - The company reported a total sales volume of 73,227 units, a year-on-year increase of 35.35%, with a notable 54.96% increase in micro trucks[52]. Research and Development - Research and development expenses increased by 64.48% to 71.81 million RMB, reflecting a focus on new product development[32]. - The total R&D expenditure was approximately ¥108.88 million, accounting for 3.69% of total revenue, with capitalized R&D representing 34.05% of the total[45]. - The company launched 117 new product announcements and 536 change extension announcements during the reporting period, with several new electric vehicle models developed[46]. Market and Strategic Focus - The company is actively pursuing product transformation and upgrades, focusing on new energy projects[26]. - The company plans to focus on expanding both domestic and international markets, particularly in the new energy vehicle sector, and aims to enhance operational efficiency[63]. - The company anticipates a stable growth trend in the cargo vehicle market for 2024, driven by supportive policies and market confidence[62]. - The company aims to improve profitability by focusing on cost reduction and enhancing operational efficiency through centralized procurement and new material applications[64]. Environmental and Social Responsibility - The company invested ¥400,000 in environmental protection during the reporting period[102]. - The company has established a carbon emission reduction plan aiming for peak carbon emissions by 2030, integrating it into its development strategy[110]. - The company has committed 6.34 million yuan to poverty alleviation and rural revitalization projects, including a direct donation of 50,000 yuan to support local initiatives[116]. - The company has implemented measures to enhance environmental protection and pollution prevention, ensuring compliance with legal standards[115]. Governance and Management - The board of directors consists of 9 members, including 3 independent directors, ensuring compliance with relevant laws and regulations[68]. - The supervisory board comprises 7 members, including 3 employee supervisors, who are responsible for overseeing the legality and compliance of the company's financial activities[69]. - The company maintains a strict separation between itself and its controlling shareholder in terms of personnel, assets, finance, and operations, ensuring independent operations[67]. - The company has established a robust information disclosure management system to ensure accurate, timely, and complete information dissemination to all shareholders[69]. Financial Management - The total liabilities decreased to ¥2,874,368,251.86 in 2023 from ¥3,050,060,891.71 in 2022, a reduction of 5.8%[171]. - The company's short-term borrowings dropped significantly to ¥155,217,673.60 in 2023 from ¥335,215,097.17 in 2022, a decrease of 53.7%[170]. - The company has a total of 191,943,280 CNY in deposits with Guoji Financial Co., Ltd. during the reporting period[132]. - The company has a total guarantee amount (including guarantees to subsidiaries) of 100,000,000, accounting for 39.49% of the company's net assets[139]. Audit and Compliance - The audit report confirms that the financial statements fairly reflect the company's financial position as of December 31, 2023[157]. - The company has appointed Da Xin Accounting Firm for auditing services, with a remuneration of 800,000 RMB and an audit tenure of 7 years[123]. - The company has no reported penalties from securities regulatory agencies in the past three years[84].