众望布艺(605003) - 2022 Q4 - 年度财报

Financial Performance - The company's operating revenue for 2022 was CNY 416,518,242.29, a decrease of 29.04% compared to CNY 587,006,533.90 in 2021[21] - The net profit attributable to shareholders for 2022 was CNY 90,809,854.16, down 38.30% from CNY 147,185,744.74 in the previous year[21] - The basic earnings per share for 2022 was CNY 0.83, a decline of 38.06% from CNY 1.34 in 2021[22] - The cash flow from operating activities for 2022 was CNY 99,774,048.34, a decrease of 26.51% compared to CNY 135,766,838.63 in 2021[21] - The total comprehensive income for 2022 was CNY 90,233,345.14, compared to CNY 147,218,445.60 in 2021, reflecting a decrease of 38.7%[181] - The company reported a net investment loss of CNY 2,304,095.35 in 2022, compared to a gain of CNY 10,913,354.75 in 2021[180] Assets and Liabilities - The total assets as of the end of 2022 amounted to CNY 1,253,892,690.99, reflecting a 2.14% increase from CNY 1,227,598,283.97 at the end of 2021[21] - The company's current assets decreased to CNY 638,094,048.18 in 2022 from CNY 745,408,855.37 in 2021, representing a decline of about 14.4%[172][173] - Total liabilities decreased to CNY 122,987,023.96 in 2022 from CNY 141,825,962.08 in 2021, a reduction of about 13.3%[173][174] - The company's equity attributable to shareholders increased to CNY 1,130,905,667.03 in 2022 from CNY 1,085,772,321.89 in 2021, reflecting a growth of approximately 4.2%[174] Cash Flow and Investments - The total cash inflow from investment activities was CNY 728,002,935.93, while cash outflow was CNY 908,249,267.23, resulting in a net cash flow of -CNY 180,246,331.30 for investment activities[189] - The company reported a net cash flow from financing activities of -CNY 45,100,000, compared to -CNY 44,226,226.41 in the previous year, indicating a slight increase in cash outflow[190] - The total cash and cash equivalents at the end of 2022 were CNY 30,784,721.95, down from CNY 149,309,878.65 at the end of 2021, reflecting a decrease of 79.4%[190] Research and Development - The company has a strong design and R&D team, focusing on innovative fabric technologies and maintaining industry-leading quality standards[40] - Research and development expenses for 2022 were CNY 19,303,391.21, slightly down from CNY 20,169,292.02 in 2021[184] - The company has been actively involved in the research and development of new products, including environmentally friendly decorative fabrics and new polymer fibers[86] Market and Sales - The company faced significant cost pressures due to rising raw material prices, particularly in chemical fibers, with POY prices increasing from ¥7,750 per ton in February to ¥9,200 per ton in June 2022[31] - The U.S. furniture market experienced a sharp decline in demand in 2022, leading to high inventory levels among furniture companies[33] - The company is focusing on deepening existing market relationships and maximizing customer potential to secure orders and ensure timely delivery[31] Governance and Compliance - The company has maintained a governance structure that complies with the requirements of the China Securities Regulatory Commission, ensuring clear responsibilities and coordination among the board, supervisory committee, and management[77] - The company has not reported any significant differences in governance practices compared to regulatory requirements, indicating compliance with relevant laws and regulations[77] - The company has established effective internal control systems for managing subsidiaries, ensuring oversight in asset, business, and strategic planning[110] Shareholder and Dividend Policies - The company plans to distribute a cash dividend of CNY 4.10 per 10 shares, totaling CNY 45,100,000.00 based on a total share capital of 110,000,000 shares[6] - The cash dividend represents 49.66% of the net profit attributable to ordinary shareholders in the consolidated financial statements[108] - The company has established a cash dividend policy, mandating a minimum cash distribution of 10% of the distributable profit each year, with higher percentages based on the company's development stage and capital expenditure plans[104] Employee and Management Structure - The company employed a total of 608 staff, with 435 in the parent company and 173 in major subsidiaries[98] - The workforce composition includes 478 production personnel, 19 sales personnel, 55 technical personnel, 48 management personnel, and 8 financial personnel[99] - The company has expanded its management team with experienced professionals from various sectors, enhancing its operational capabilities[86]