Bojay(SZ:002975)2024-04-28 08:11Financial Performance - The company's operating revenue for 2023 was ¥905,356,756.19, a decrease of 25.60% compared to ¥1,216,799,161.00 in 2022[26]. - The net profit attributable to shareholders for 2023 was a loss of ¥57,229,887.93, representing a decline of 128.31% from a profit of ¥202,017,698.47 in 2022[26]. - The net cash flow from operating activities increased by 58.65% to ¥117,705,838.84 in 2023, compared to ¥74,193,223.79 in 2022[27]. - The total assets at the end of 2023 were ¥2,729,050,419.23, reflecting a growth of 4.92% from ¥2,600,542,752.50 at the end of 2022[27]. - The net assets attributable to shareholders decreased by 3.62% to ¥1,642,391,769.37 in 2023, down from ¥1,703,742,283.09 in 2022[27]. - The basic earnings per share for 2023 was -¥0.41, a decline of 128.08% from ¥1.46 in 2022[27]. - The company reported a negative net profit after deducting non-recurring gains and losses for the last three accounting years[28]. - The company experienced a significant decline in revenue from ¥1,216,121,302.18 in 2022 to ¥903,402,390.56 in 2023 after deducting certain income[28]. - The company's gross profit margin for 2023 was 47.17%, a decline of 1.54 percentage points from the previous year[72]. - The revenue from industrial automation equipment accounted for 87.21% of total revenue, amounting to CNY 789,584.71 million, down 24.63% year-on-year[73]. Risk Management - The company has a comprehensive risk management strategy in place to address potential risks in its future development[8]. - The company does not provide specific forward-looking commitments to investors, highlighting the need for risk awareness[8]. - The company emphasizes the importance of managing accounts receivable to prevent overdue situations[108]. - The company has implemented a forward foreign exchange business to mitigate foreign exchange risks, which is closely related to its operational needs[108]. - The company plans to strengthen its research and analysis of exchange rates to minimize foreign exchange losses[108]. Research and Development - The company invested 187 million yuan in R&D, representing 20.64% of its total revenue, with 565 R&D personnel making up 25.85% of the workforce[66]. - The company has filed 818 domestic patents and 22 international patents, indicating a strong commitment to innovation and technology development[67]. - The company is committed to developing industrial AI solutions, including a universal vision algorithm platform for various applications[123]. - The company is focusing on the development of new products in the automotive electronics and AI sectors, aiming to enhance its competitive edge[136]. - R&D investment amounted to ¥186,825,676.12 in 2023, representing a 6.60% increase from ¥175,263,387.93 in 2022[89]. Market and Business Strategy - The company is focused on the smart manufacturing sector, providing automation solutions to enhance production efficiency and product quality[40]. - The company is focusing on product diversification to mitigate risks associated with cyclical fluctuations in the consumer electronics industry[128]. - The company is actively expanding its presence in the overseas market, which is expected to drive future growth[136]. - The company aims to transition from a provider of non-standard customized products to a supplier of standardized, high-tech, high-value-added equipment[122]. - The company plans to enhance its machine vision capabilities by optimizing optical, algorithmic, electronic, and software technologies to improve core competitiveness[126]. Corporate Governance - The company has established a complete financial management system, with independent accounting practices and decision-making processes, free from interference by controlling shareholders[152]. - The company has a complete and independent organizational structure, with functional departments separate from those of controlling shareholders[150]. - The company has implemented internal controls and financial management practices to ensure compliance and operational efficiency[181]. - The company maintains a focus on governance and compliance, with no reported penalties for board members in the past three years[171]. - The board of directors has provided constructive opinions and suggestions for the company's development decisions, ensuring the fairness and objectivity of board decisions[181]. Future Outlook - The overall performance outlook for the year remains optimistic, with expectations for revenue growth across various business segments[136]. - The company has projected a revenue growth of 20% for the next fiscal year, aiming for 1.44 billion yuan in total revenue[163]. - New product launches are expected to contribute an additional 200 million yuan in revenue in 2024, focusing on innovative electronic solutions[163]. - The company plans to expand its market presence and enhance product development in the upcoming fiscal year[157]. - The company is exploring potential mergers and acquisitions to strengthen its market position[158]. Shareholder Relations - The company held its annual general meeting in compliance with relevant laws and regulations, ensuring equal treatment of all investors and protecting the rights of minority shareholders[141]. - The company is committed to improving information security management and has achieved ISO27001:2013 certification[132]. - The company has a structured decision-making process for remuneration, requiring approval from the board and shareholders[172]. - The company has not sold any major assets or equity during the reporting period[118][119]. - The company has implemented a stock incentive plan in 2023 to enhance the sense of mission and responsibility among core management and key technical personnel[187].