凯迪股份(605288) - 2023 Q4 - 年度财报

Financial Performance - The adjusted revenue for 2023 reached ¥1,233,941,503, representing a 5.29% increase compared to ¥1,171,946,545 in 2022[22]. - Net profit attributable to shareholders for 2023 was ¥107,625,105, a significant increase of 121.39% from ¥48,614,420 in 2022[22]. - Basic earnings per share for 2023 were ¥1.53, up 121.74% from ¥0.69 in 2022[23]. - The weighted average return on equity increased to 5.07% in 2023, up by 2.72 percentage points from 2.35% in 2022[23]. - The total assets at the end of 2023 amounted to ¥2,680,281,995, reflecting a 7.3% increase from ¥2,497,960,575 at the end of 2022[22]. - The net cash flow from operating activities for 2023 was ¥235,322,403, a 123.27% increase compared to ¥105,397,058 in 2022[22]. - The company reported a total of ¥6,403,120 in non-recurring gains for 2023, compared to ¥10,345,844 in 2022[27]. - The fourth quarter revenue was ¥335,552,698, with a net profit of ¥19,095,773 attributable to shareholders[24]. - The net profit attributable to the parent company was RMB 107,625,104.97, showing a significant increase of 121.39% compared to the previous year[31]. - The company’s total share capital is 70,198,912 shares[6]. Dividend and Profit Distribution - The company plans to distribute a cash dividend of 4.60 RMB per 10 shares, totaling approximately 32.29 million RMB, representing a dividend payout ratio of 30%[6]. - As of December 31, 2023, the company's undistributed profits amounted to approximately 854.89 million RMB[6]. - The company’s net profit attributable to ordinary shareholders for the year was 107,625,104.97 RMB, with a cash dividend payout ratio of 30.00%[125]. Corporate Governance - The company has maintained a standard unqualified audit report from Tianjian Accounting Firm[5]. - The company has not faced any significant risks that would prevent the board from ensuring the accuracy and completeness of the annual report[8]. - The company has confirmed that all board members attended the board meeting[4]. - The company has established a robust corporate governance structure, ensuring compliance with relevant laws and regulations, which enhances operational efficiency[90]. - The company has a clear division of responsibilities among its governance bodies, which supports orderly production and operational activities[90]. - The company is committed to maintaining independence in its operations and has measures in place to ensure this independence is not compromised[91]. Risk Management - The company has a comprehensive risk statement in the management discussion and analysis section, detailing potential risks faced[8]. - The company is addressing market risks by strengthening its manufacturing capabilities in Vietnam and enhancing logistics services[85]. - The company faces raw material price volatility risks, which can impact production costs and gross margins[85]. - The company is exposed to exchange rate risks as a significant portion of its export revenue is settled in USD and EUR, with fluctuations in the RMB/USD exchange rate affecting profitability[88]. - The company recognizes the competitive landscape in the linear drive industry and aims to maintain its technological and service advantages[85]. Research and Development - The company holds 37 invention patents, 250 utility model patents, and 120 design patents as of the end of the reporting period, reflecting its strong R&D capabilities[36]. - The company is investing in R&D to enhance product customization and innovation, aiming to compete effectively with established overseas brands[73]. - The company is focusing on enhancing its management capabilities through increased investment in various information systems[30]. Market Expansion and Strategy - The company plans to continue expanding its market presence and investing in new technologies to drive future growth[22]. - The company is focusing on expanding its market presence in emerging regions like Asia and South America, where demand for linear drive systems is expected to grow[73]. - The company aims to enhance production capacity and technical capabilities to maintain its leading position in the linear drive market[76]. Employee and Management - The company has a total of 1,852 employees, with 1,178 in production, 77 in sales, 236 in technical roles, 23 in finance, and 338 in administration[118]. - The company’s employee training program focuses on enhancing skills and capabilities, with a comprehensive approach to training management[120]. - The company is focusing on talent development and management culture to foster a positive work environment[80]. - The management team includes experienced professionals with diverse backgrounds in finance, engineering, and management, contributing to the company's strategic direction[98]. Compliance and Legal Matters - The company has received a warning letter from the China Securities Regulatory Commission regarding compliance issues, and it is taking measures to strengthen adherence to relevant laws and regulations[160]. - The company has not reported any penalties from securities regulatory authorities in the last three years, except for the recent warning letter[101]. - The company has not reported any significant lawsuits or arbitration matters for the year[160]. Environmental and Social Responsibility - The company invested 1.6 million CNY in environmental protection measures during the reporting period[131]. - The company has implemented carbon reduction measures, including installing rooftop solar panels and promoting green commuting among employees[133]. - The company made a total donation of 930,000 CNY to various charitable organizations, including 250,000 CNY to the Changzhou Red Cross Society[133]. Shareholder Information - The total number of shares held by the chairman, Zhou Rongqing, remained unchanged at 210,000 shares, with a pre-tax compensation of ¥603,600.00[94]. - The total number of shares held by the general manager, Zhou Shucheng, also remained unchanged at 15,400,000 shares, with a pre-tax compensation of ¥603,600.00[94]. - The total number of shares held by director Lu Xiaobo decreased from 9,800 to 2,940 shares, a reduction of 6,860 shares due to the termination of the equity incentive plan, with a pre-tax compensation of ¥517,774.52[94]. - The total number of shares held by deputy general manager Zhou Yanqin decreased from 28,000 to 8,400 shares, a reduction of 19,600 shares due to the termination of the equity incentive plan, with a pre-tax compensation of ¥1,669,446.04[96]. - The total pre-tax compensation for all listed executives amounted to ¥5,214,628.32[96].