Porton(SZ:300363)2023-04-17 18:18Group 1: Strategic Focus Areas - The company's strategic focus for 2023 revolves around five key areas: "end-to-end" capabilities, globalization, new business development, digitalization, and breakthroughs in new technologies [1][2]. - The emphasis on "end-to-end" capabilities aims to enhance early-stage services in the CDMO sector [1]. - Globalization is viewed as both a challenge and an opportunity, prompting organizational and business transformations [2]. Group 2: Financial Performance and Projections - In 2022, the company experienced significant increases in gross margin and net profit margin due to high capacity utilization and cost-reduction R&D efforts [2][3]. - For 2023, a decline in gross and net profit margins is anticipated due to the completion of large orders and ongoing investments in new business ventures [2][3]. Group 3: Expense Management - The increase in expenses in 2022 was attributed to higher management, sales, and R&D costs, driven by organizational expansion and ongoing technology development [3]. - The company expects overall expenses in 2023 to remain stable compared to 2022, although the expense ratio may rise [3]. Group 4: Shareholder Returns - The company announced a cash dividend payout ratio of 30% for 2022, totaling CNY 602 million, alongside a share buyback amounting to CNY 1 billion, reflecting a commitment to shareholder returns [5]. Group 5: Risk Management and Challenges - The company faces macroeconomic challenges, including geopolitical influences, a difficult financing environment, and the need for technological advancements [6]. - Emphasis is placed on enhancing internal controls and compliance to mitigate risks associated with international operations [4][6].