Financial Performance - The company's operating revenue for 2023 was ¥353,678,514.13, representing a 49.38% increase compared to ¥236,765,409.38 in 2022[25]. - The net profit attributable to shareholders for 2023 was ¥43,056,850.34, a decrease of 26.37% from ¥58,477,822.26 in 2022[25]. - The gross profit margin for 2023 was 17.52%, down from 33.83% in 2022[25]. - Total assets at the end of 2023 amounted to ¥464,506,037.69, a 9.96% increase from ¥422,417,623.18 at the end of 2022[27]. - Total liabilities increased by 53.52% to ¥103,237,408.14 in 2023, compared to ¥67,245,843.97 in 2022[27]. - The company's cash flow from operating activities for 2023 was ¥24,859,998.94, up 33.19% from ¥18,665,114.38 in 2022[27]. - The weighted average return on equity (ROE) based on net profit attributable to shareholders was 12.12% for 2023, down from 35.48% in 2022[25]. - The basic earnings per share for 2023 was ¥0.54, a decrease of 55.56% from ¥1.21 in 2022[25]. - The company reported a total of ¥17,327,982.79 in non-recurring gains and losses for 2023, compared to ¥14,970,103.85 in 2022[33]. - The company’s total asset growth rate for 2023 was 9.96%, significantly lower than 114.93% in 2022[27]. - Net profit for the period was ¥43,056,850.34, a decrease of 26.4% from the previous year, primarily due to declining sales prices and rising costs[48]. - Revenue for the period reached ¥353,678,514.13, representing a growth of 49.38% year-over-year, driven by expanded sales scale[48]. Research and Development - The company obtained a new invention patent in 2023, indicating ongoing investment in research and development[4]. - The company holds a total of 33 patents, including 5 invention patents and 28 utility model patents, reflecting its commitment to R&D[36]. - R&D expenditure amounted to ¥12,215,991.61, representing 3.45% of operating revenue, a decrease from 4.11% in the previous period[85]. - The total number of R&D personnel increased from 31 to 34, maintaining a stable proportion of 10.23% to 10.25% of total employees[86]. - The company is developing several projects aimed at enhancing automation and product quality, including a signal processing module and a wireless communication system based on FPGA technology[89]. - The company has completed the development of a PCBA signal data acquisition control system, improving testing efficiency and product quality[89]. - The company has implemented an automatic attachment technology for high-precision components, enhancing production efficiency and reducing defect rates[89]. - The company has established an independent R&D department to innovate key technologies and processes based on industry trends and client needs[185]. - The top five R&D projects included a design and engineering study for display and control circuit boards, with a total expenditure of CNY 6,000,000[186]. Market Expansion and Customer Relations - The company established a new branch in Suzhou in March 2023 to enhance its overall competitiveness and respond quickly to customer needs[4]. - The company is actively expanding its customer base, with new clients like Deep Super Optoelectronics and National Display Technology entering the sample verification stage[45]. - The company has established long-term partnerships with several display and electrical brands, enhancing its market position[37]. - The company plans to expand its market presence in the Yangtze River Delta region by setting up a branch in Suzhou to improve customer response and competitiveness[107]. - Major customers accounted for 97.70% of total sales, with the largest customer contributing ¥239,376,528.62, or 67.68% of total revenue[69]. Operational Efficiency and Manufacturing - The company is focusing on small-batch PCBA manufacturing services, which are expected to grow due to increasing consumer demand for personalized products[51]. - The company achieved a production capacity utilization rate of 106.92% for its PCBA control boards, with a total output of 144,329.11 units[181]. - The company plans to expand its high-end electronic manufacturing (PCBA products) with an investment of CNY 15,363 million, targeting an annual production capacity of 80,000,000 units by December 2024[182]. - The company is focusing on the automation and intelligent management of PCB production processes to meet increasing market demands[91]. - The company aims to improve its market competitiveness through advanced automation technologies and enhanced product integration[89]. Financial Management and Governance - The company has maintained a long-term partnership with Tianzhi International Accounting Firm, which has provided independent audit opinions reflecting the company's financial status accurately[96]. - The company has not received any non-standard audit opinions, indicating a clean audit report for the financial year[94]. - The company has not executed any changes to its cash dividend policy during the reporting period[153]. - The company’s profit distribution plan was approved by the board and shareholders, ensuring compliance with corporate governance[150]. - The company has maintained a strong governance structure, ensuring compliance with relevant laws and regulations, and protecting shareholder rights[196]. Social Responsibility and Community Engagement - The company has actively engaged in social responsibility initiatives, including donations totaling CNY 100,000 to support impoverished students and local events[99]. Shareholder Information - The total number of shareholders is 7,425[133]. - The largest shareholder, Hu Xiaoyu, holds 25,759,500 shares, accounting for 32.17% of total shares[137]. - The total number of shares held by the company’s directors and supervisors at the end of the reporting period was 42,203,200, representing 52.7013% of total shares[161]. - The company has no significant related party transactions during the reporting period[125]. - The company has no new commitments or overdue commitments during the reporting period[126].
雅葆轩(870357) - 2023 Q4 - 年度财报