BIRD(SH:600130)2024-04-29 08:05Financial Performance - The company's operating revenue for 2023 was CNY 417,468,142.74, a decrease of 21.90% compared to CNY 534,560,938.45 in 2022[21]. - The net profit attributable to shareholders of the listed company was CNY 13,953,641.46, down 23.44% from CNY 18,225,842.48 in the previous year[21]. - The net cash flow from operating activities decreased by 54.85% to CNY 77,338,123.42 from CNY 171,287,459.14 in 2022[22]. - The company’s operating profit was CNY 2,174.66 million, a decrease of 36.08% year-on-year[39]. - The total revenue from domestic sales was CNY 209,620,234.53, a decrease of 31.17% year-on-year[44]. - The total comprehensive income for 2023 was CNY 22,211,453.96, down 30.9% from CNY 32,183,658.41 in 2022[159]. - The company reported a significant decrease in cash received from sales, totaling CNY 491,809,972.92 in 2023, down 20.7% from CNY 620,492,030.82 in 2022[164]. Assets and Liabilities - The total assets at the end of 2023 were CNY 1,201,224,543.28, showing no change compared to CNY 1,201,209,586.02 at the end of 2022[22]. - The company reported a net asset attributable to shareholders of CNY 1,012,814,135.13, an increase of 1.39% from CNY 998,915,375.26 in 2022[22]. - Total liabilities decreased to ¥135.79 million from ¥153.09 million, a reduction of 11.3%[151]. - The company’s total equity increased to approximately ¥1.07 billion from ¥1.05 billion, marking a growth of 1.3%[151]. Cash Flow - The company’s net cash flow from operating activities for 2023 was ¥77,338,123.42, a decrease of 54.8% compared to ¥171,287,459.14 in 2022[165]. - The net cash flow from investment activities was negative at -¥56,523,617.86, contrasting with a positive net cash flow of ¥16,386,228.72 in 2022[165]. - The net increase in cash and cash equivalents for the year was ¥176,369,955.16, a substantial rise from ¥7,327,089.27 in 2022[169]. Research and Development - R&D expenses amounted to CNY 17,624,783.42, down 13.64% from CNY 20,408,315.05 year-on-year, representing 4.22% of operating revenue[48]. - The number of R&D personnel was 48, accounting for 11.54% of the total workforce[49]. Market Conditions - The smartphone market in China saw a shipment volume of approximately 271 million units in 2023, a year-on-year decline of 5.0%[35]. - The company experienced a significant decline in mobile phone export business due to international market volatility and weak demand[34]. - The mobile communications industry is highly competitive, with significant technological and market risks, limiting the company's competitive advantages in the supply chain[65]. Governance and Compliance - The company emphasizes the importance of governance and compliance with laws and regulations to protect shareholder interests[67]. - The board of directors has been proactive in managing insider information and ensuring compliance with disclosure obligations[68]. - The company has established a comprehensive internal control system, which has been audited and received a standard unqualified opinion[102]. Shareholder Information - The total number of ordinary shareholders as of the end of the reporting period is 66,273, down from 69,125 at the end of the previous month[122]. - The largest shareholder, Waveguide Technology Group Co., Ltd., holds 125,946,400 shares, accounting for 16.40% of total shares[124]. - The company has not faced any penalties from securities regulatory authorities in the past three years[79]. Audit and Financial Reporting - The company issued a standard unqualified audit report for the financial statements[4]. - The audit committee reviewed the 2022 financial statements and found no significant errors or omissions, agreeing to proceed with the audit[86]. - The financial statements are prepared in accordance with the enterprise accounting standards, ensuring a true and complete reflection of the company's financial status[194]. Future Outlook - The company plans to strictly control expenditures and focus on "cost-saving" measures until new profit growth points are identified[63]. - The company aims to explore new industries and fields through innovation and collaboration to achieve sustainable development[62]. - The company is exploring new strategies for market expansion and product development in the financial services sector[115].