Financial Performance - In 2022, the company's operating revenue was CNY 219.63 million, a decrease of 23.16% compared to CNY 285.83 million in 2021[29]. - The net profit attributable to shareholders was CNY 60.63 million, down 33.17% from CNY 90.73 million in 2021[29]. - The gross profit margin for 2022 was 53.30%, slightly up from 52.21% in 2021[29]. - Total assets at the end of 2022 were CNY 816.78 million, a slight increase of 0.53% from CNY 812.48 million at the end of 2021[30]. - The total liabilities increased by 27.64% to CNY 41.63 million from CNY 32.61 million in 2021[30]. - The weighted average return on equity decreased to 8.11% in 2022 from 21.60% in 2021[29]. - The net cash flow from operating activities was CNY 101.39 million, a decrease of 7.29% from CNY 109.36 million in 2021[32]. - The company reported a basic earnings per share of CNY 0.43, down 73.20% from CNY 1.62 in 2021[29]. - The company's asset-liability ratio (consolidated) was 5.10% at the end of 2022, compared to 4.01% at the end of 2021[30]. - The company disclosed a slight variance in the annual performance report, with operating revenue reported at CNY 219.63 million, a 0.44% decrease from the preliminary report[35]. - The company's total revenue for the year was 219.63 million yuan, a year-on-year decrease of 23.16%[49]. - Net profit for the year was 65.65 million yuan, down 31.77% compared to the previous year[49]. - The total assets at the end of the reporting period were 816.78 million yuan, an increase of 0.53% year-on-year[49]. - The net assets were 775.15 million yuan, a decrease of 0.60% year-on-year[49]. - The company's OHM brand achieved revenue of 44.02 million yuan, with a net profit of 10.53 million yuan, down 0.77% and 24.63% respectively year-on-year[49]. - Non-recurring gains and losses totaled 7.22 million yuan for the year, compared to 6.21 million yuan in the previous year[39]. Investments and Acquisitions - In July 2022, the company completed a cash capital increase of RMB 18.36 million in Hunan Kute Intelligent Technology Co., holding 51% of its shares, thus gaining actual control over the company[3]. - The investment in Hunan Kute is expected to enhance the company's diversified product layout in the industrial machinery and crane sectors, creating synergies with existing products[3]. - Goodwill increased by 41.87% due to the acquisition of Kute Company during the reporting period[55]. - The company increased its investment in Hunan Kute Intelligent Technology Co., Ltd. by CNY 18.36 million, acquiring 51% equity and gaining actual control, thus including Kute in the consolidated financial statements[114]. Market and Industry Risks - The company faces currency risk as it purchases equipment in euros while generating revenue in RMB, which could negatively impact future performance if the euro appreciates[11]. - The company acknowledges that the industrial wireless remote control equipment market is cyclical, closely tied to the engineering machinery and transportation machinery sectors[12]. - The company relies on a long-term partnership with HBC for wireless control equipment, which poses a risk due to potential changes in the macroeconomic environment and competition[11]. - The company faces foreign exchange risk due to purchasing industrial wireless remote control devices in euros while generating revenue in RMB, which could negatively impact future operating performance[132]. - Net profit decreased by 31.77% compared to the same period last year, primarily due to cyclical downturns in the downstream construction machinery industry and reduced market demand[62]. Research and Development - R&D expenditure amounted to RMB 12,967,043.99, representing 5.90% of operating revenue, an increase from 4.23% in the previous period[96]. - The total number of R&D personnel increased from 54 to 67, with the number of undergraduate degree holders rising from 32 to 39[97]. - The company holds 93 patents, up from 86 in the previous period, including 4 invention patents, an increase from 3[99]. - Several R&D projects have reached mass production, including industrial wireless remote control systems and a universal remote control for concrete pump trucks, expected to enhance product offerings and sales[100]. - The company is developing a mobile crusher output measurement system, which is currently in the customer sample testing phase, aimed at enhancing market competitiveness[101]. - The company is focusing on expanding its product line with new technologies, including a programmable display screen and a high-altitude spraying robot control system, both of which are in production[101]. Governance and Compliance - The company has established a governance structure to mitigate risks associated with actual control by major shareholders, with the largest shareholder holding 57.86% of shares[10]. - The company has implemented governance measures to mitigate risks associated with the actual controller's influence on company decisions[125]. - The company has committed to ensuring the authenticity, accuracy, and completeness of its application documents[155]. - The company has fulfilled its commitments regarding the prohibition of related party transactions and the accuracy of application documents[155]. - The company has committed to not engaging in new sales activities with Sichuan Mingshi Electronic Technology Co., Ltd. since the commitment was issued[157]. Shareholder and Management Commitments - The actual controller of the company, Zhou Tong, committed to lifting the transfer restrictions on his shares in three batches, with each batch being one-third of the shares held before listing[158]. - Company executives, including the general manager and vice general manager, are restricted from transferring more than 25% of their total shareholdings annually during their tenure[158]. - The company has committed to maintaining a limit on the number of shares that can be transferred by directors and senior management during their tenure[153]. - The controlling shareholders, LI TONG and Zhou Tong, committed not to interfere in the company's management or infringe on its interests[183]. - The company’s board and senior management pledged to avoid unfair benefit transfers and to restrict personal consumption behaviors[184]. Future Plans and Strategies - The company plans to expand its business areas to find new profit growth points amid a decrease in market demand[49]. - The company aims to maintain and innovate its sales model in 2023, targeting steady growth in the main business of industrial wireless control equipment[123]. - The company is focusing on expanding its market share and revenue while enhancing its profitability and risk resistance capabilities[123]. - The company plans to establish an overseas sales center for the OHM brand to strengthen domestic competitiveness and actively explore international mid-range markets[120]. - The company anticipates stable industry performance in 2023, driven by the release of national macro policies and a shift towards electrification and intelligent technologies[118].
海希通讯(831305) - 2022 Q4 - 年度财报(更正)