超卓航科(688237) - 2023 Q4 - 年度财报

Financial Performance - The company reported a net profit attributable to shareholders of -35,001,564.72 RMB for the year 2023[6]. - The company's operating revenue for 2023 reached ¥270,164,255.63, representing a 93.38% increase compared to the previous year[20]. - The net profit attributable to shareholders for 2023 was ¥19,301,178.14, a decrease of 53.29% from the previous year[21]. - The basic earnings per share for 2023 was -0.39 yuan, a decline of 152.00% compared to 2022[24]. - The weighted average return on net assets for 2023 was -2.74%, a decrease of 9.59 percentage points from 2022[24]. - The net profit attributable to shareholders decreased by 159.64%, and the net profit excluding non-recurring gains and losses dropped by 53.29%[25]. - Basic earnings per share and diluted earnings per share fell by 152.00%, while the basic earnings per share excluding non-recurring gains and losses decreased by 58.49%[25]. - The net cash flow from operating activities for 2023 was significantly impacted by non-recurring losses, amounting to -¥65,815,262.12[22]. - The company reported a total revenue of 270.16 million yuan for the year, representing a year-on-year growth of 93.38%[35]. - The company’s total revenue for the reporting period increased by 93.38% year-on-year, but the net profit attributable to shareholders turned from profit to loss due to various factors, including a loss of 5.995 million yuan from a criminal case and increased R&D investments[103]. Research and Development - The company's R&D investment accounted for 10.51% of operating revenue, slightly down from 10.98% in the previous year[24]. - The company increased its research and development investment in new projects related to new energy vehicles and polysilicon production equipment, leading to a rise in R&D expenses[25]. - The company achieved a total R&D investment of ¥28,383,847.99, representing an 85.11% increase compared to the previous year[84]. - R&D investment accounted for 10.51% of total revenue, a decrease of 0.47 percentage points from the previous year[84]. - The company applied for 60 new patents during the reporting period, with 42 patents granted, bringing the total to 197 applications and 102 granted patents[82]. - The company has developed multi-metal mixed material additive manufacturing technology, which enhances manufacturing efficiency and reduces material waste[79]. - The company is focusing on the application of cold spray solid-state additive manufacturing technology in various industries, including new energy vehicles and polysilicon production equipment[85]. - The company has established a national-level postdoctoral research station and various research centers to support its R&D efforts and maintain technological leadership[100]. Technology and Innovation - The company’s core technology, cold spray solid-state additive manufacturing, allows for the deposition of a wide range of metals and alloys, overcoming limitations of traditional deposition techniques[57]. - Cold spray solid-state additive manufacturing technology has a deposition efficiency exceeding 90%, capable of depositing over 40 kg of metal powder per hour, significantly reducing processing time and improving production efficiency[57]. - The cold spray technology is environmentally friendly, generating almost no pollution during the deposition process[57]. - The cold spray solid additive manufacturing technology can restore the performance of components and extend service life, achieving a coating strength of up to 400 MPa[78]. - The company has launched a mobile additive manufacturing platform designed for in-situ repair of aircraft structural components[78]. - The automated fatigue damage repair technology enhances the consistency and stability of the remanufacturing process[78]. - The company is actively exploring new applications for cold spray technology in various fields, including civil aviation and large hydropower generator components[37]. - The company is committed to exploring new application scenarios for cold spray technology across various industries, including aerospace, energy, and medical devices[70]. Market and Business Strategy - The company plans to continue expanding its market presence and developing new technologies in the upcoming fiscal year[24]. - The company anticipates new opportunities in both military and civilian markets with the further development and promotion of its additive manufacturing technology[35]. - The company is actively pursuing strategic acquisitions to enhance its market position and product offerings[177]. - The company aims to enhance its research and production capabilities in additive manufacturing technology, focusing on military and civilian applications, including new energy vehicle components and industrial machinery[159]. - The company plans to accelerate the industrialization of new cold spray application projects and expand its business scale by exploring new application scenarios for cold spray technology[161]. - The company will continue to invest in R&D and innovation, focusing on new materials, products, and processes to enhance its competitive edge in the industry[162]. - The company intends to strengthen its market development efforts, particularly in the manufacturing and maintenance of military aircraft, while expanding its civilian business[164]. Governance and Compliance - The company has established a governance structure that includes a board of directors and specialized committees to enhance decision-making efficiency and fairness[169]. - The board of directors has four specialized committees: Strategic Decision Committee, Audit Committee, Nomination Committee, and Compensation and Assessment Committee[169]. - The company reported no issues regarding independence from its controlling shareholders in terms of business, personnel, assets, and finance[169]. - The company emphasized the importance of compliance and governance following the warning letter, committing to improve information disclosure management[187]. - The company has a focus on enhancing its operational governance and compliance awareness to prevent future regulatory issues[187]. - The company has scheduled multiple shareholder meetings throughout 2023 to discuss governance and operational strategies[172][173]. Operational Challenges - The company has not achieved profitability since its listing, indicating ongoing financial challenges[4]. - The company faces risks related to the potential loss of core technical personnel, which could adversely affect technology development and new product research[105]. - The company relies on imported aluminum powder for cold spray technology, with domestic alternatives still needing improvement in quality, posing a supply risk[106]. - The company has a significant accounts receivable balance of ¥15,579.39 million, representing 9.46% of total assets, which carries a risk of uncollectible accounts[108]. - The company experienced a significant increase in share-based payment expenses due to the implementation of a restricted stock incentive plan, impacting its profitability[103]. Employee and Talent Management - The company has a total of 478 employees, including 82 R&D personnel, focusing on enhancing its talent pool and management systems[41]. - The number of R&D personnel increased to 82, representing 17.15% of the total workforce, compared to 63 personnel and 19.75% in the previous period[96]. - The average salary for R&D personnel rose to 10.33 million RMB, up from 7.60 million RMB in the prior year, reflecting a significant investment in talent[96]. - The company adheres to labor laws and provides competitive salary strategies to attract industry talent[200]. - The company offers a comprehensive "care package" and organizes various activities to enrich employees' lives[200]. - The company aims to continuously attract top talent and optimize personnel structure to meet future development needs[200].