JNGX(600527)2023-04-19 16:00Financial Performance - The company achieved a total revenue of RMB 830.97 million in 2022, a decrease of 5.01% compared to RMB 874.82 million in 2021[22]. - The net profit attributable to shareholders was RMB 83.54 million, down 18.55% from RMB 102.57 million in the previous year[22]. - The operating cash flow net amount reached RMB 166.29 million, a significant increase of 457.36% compared to a negative RMB 46.53 million in 2021[22]. - The basic earnings per share decreased to RMB 0.048, down 18.64% from RMB 0.059 in 2021[23]. - The operating profit was 94.60 million RMB, down 17.37% compared to the previous year[44]. - The company reported a total revenue of 1.5 billion in 2022, representing a year-over-year growth of 10%[94]. - The gross margin improved to 35%, up from 32% in the previous year, due to cost optimization strategies[94]. - The company reported a total comprehensive income of RMB 83,540,905.82 for the year 2022, compared to a total of RMB 102,613,243.11 in 2021, indicating a decrease of about 18.5%[186]. Assets and Liabilities - The total assets at the end of 2022 were RMB 2.50 billion, a decrease of 1.04% from RMB 2.53 billion at the end of 2021[22]. - Total assets decreased from RMB 2,526,978,800.66 in 2021 to RMB 2,500,663,466.32 in 2022, a decline of approximately 1.04%[167]. - Total liabilities increased from RMB 142,229,541.46 in 2021 to RMB 153,596,564.44 in 2022, an increase of approximately 8.5%[167]. - The company's equity attributable to shareholders decreased from RMB 2,384,749,259.20 in 2021 to RMB 2,347,066,901.88 in 2022, a decline of about 1.58%[168]. - The company's accounts receivable increased from RMB 12,392,206.64 in 2021 to RMB 17,355,470.87 in 2022, an increase of approximately 40.5%[166]. Research and Development - Research and development expenses amounted to 30.41 million RMB, a decrease of 11.65% year-on-year[45]. - The company has 19 valid invention patents and 18 utility model patents, emphasizing its commitment to technological innovation[40]. - The company’s R&D focus includes high-performance fibers and smart manufacturing technologies[62]. - The company has developed 6 new products, including hydrophilic low-melting point copolyester and polyester core composite short fibers, and applied for 9 patents during the reporting period[68]. Market and Production - The company is advancing a technical transformation project for a 42,000-ton differentiated polyester staple fiber production line, with installations completed for both domestic and imported production lines[29]. - The company is expanding its real estate leasing business by constructing two new industrial standard factories, adding approximately 80,000 square meters to the existing 100,000 square meters[30]. - The company has a production capacity of 230,000 tons for composite short fibers and 36,000 tons for polyester staple fibers, which will increase to 42,000 tons after technical upgrades[33]. - The company exported goods worth USD 5.15 million during the reporting period[29]. Governance and Compliance - The company maintains a strict governance structure, ensuring independence from its controlling shareholder and compliance with relevant laws and regulations[89]. - The company emphasizes transparency in information disclosure and investor relations management, ensuring timely and accurate communication with stakeholders[90]. - The company has not faced any penalties from securities regulatory agencies in the past three years[101]. - The company has not reported any significant internal control deficiencies during the reporting period[115]. Environmental and Social Responsibility - The company invested 982,500 CNY in environmental protection during the reporting period[116]. - The wastewater treatment facility has a capacity of 2,000 tons per day, utilizing a physical-chemical and biological treatment process[118]. - The company reported no exceedance of pollutant discharge standards, with total wastewater discharge of 6,471 tons against a permitted amount of 69,493 tons[117]. - The company has established an emergency plan for sudden environmental incidents, which was filed with the local ecological environment bureau on April 23, 2021[121]. Shareholder Information - The total number of shares held by the chairman and general manager, Tao Ye, remained unchanged at 126,680,000 shares[93]. - The top shareholder, Tao Guoping, holds 22.57% of the shares, totaling 390,792,006 shares[145]. - The company has no significant changes in the shareholding structure or major shareholders during the reporting period[148]. - The total pre-tax remuneration for the board members and supervisors amounts to 414.32 million yuan[93]. Future Outlook - The company plans to enhance its product quality and expand its market presence in response to consumer demand[66]. - In 2023, the company plans to accelerate industrial transformation and upgrade, targeting the hygiene materials market while increasing marketing efforts and expanding cooperation with international hygiene material manufacturers[84]. - The company provided a forward guidance of 5% revenue growth for the next fiscal year, projecting revenues to reach approximately 1.575 billion[94].