SIGLENT(688112)2023-05-18 16:00Financial Performance - The company's operating revenue for 2022 was CNY 397,707,385.06, representing a 30.90% increase compared to CNY 303,823,156.30 in 2021[25]. - The net profit attributable to shareholders for 2022 was CNY 140,773,560.31, a significant increase of 73.67% from CNY 81,058,482.42 in 2021[25]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 128,837,161.91, up 69.49% from CNY 76,016,539.44 in 2021[25]. - The net cash flow from operating activities for 2022 was CNY 29,115,538.62, a decrease of 20.37% compared to CNY 36,563,840.34 in 2021[25]. - The total assets at the end of 2022 were CNY 1,599,891,205.63, an increase of 8.86% from CNY 1,469,728,259.37 at the end of 2021[25]. - The net assets attributable to shareholders at the end of 2022 were CNY 1,487,493,356.89, reflecting a 6.91% increase from CNY 1,391,359,445.45 at the end of 2021[25]. - The basic earnings per share for 2022 was 1.32 yuan, an increase of 33.33% compared to 0.99 yuan in 2021[26]. - The gross profit margin for the main business was 57.51%, an increase of 0.64 percentage points compared to the previous year, driven by higher sales of mid-to-high-end products[110]. Dividend and Share Capital - The company plans to distribute a cash dividend of 8.50 RMB per 10 shares, totaling 90,666,695 RMB, which accounts for 64.41% of the net profit attributable to shareholders for 2022[5]. - The company will increase its share capital by 4.9 shares for every 10 shares held, resulting in a total increase of 52,266,683 shares, changing the total share capital to 158,933,383 shares[5]. - The company plans to distribute a cash dividend of RMB 4.6875 per 10 shares, totaling RMB 50,000,015.63 (including tax) for the 2021 fiscal year[176]. - The cash dividend represents 64.41% of the net profit attributable to ordinary shareholders in the consolidated financial statements, which is RMB 140,773,560.31[181]. Research and Development - The company’s R&D investment accounted for 14.49% of operating revenue, an increase of 1.89 percentage points from 12.60% in 2021[26]. - R&D investment reached 57.61 million yuan, an increase of 50.46% year-on-year, with R&D personnel growing by 32.20%[46]. - The company has developed 264 patents, including 179 invention patents and 41 software copyrights, enhancing its competitive edge in the electronic testing and measurement instrument industry[75]. - The company has focused on software-based measurement functions, which rely increasingly on algorithm development to improve performance[75]. - The company aims to leverage its continuous R&D investments to maintain a sustainable innovation capability in the competitive market[75]. Product Development and Market Strategy - The company launched 9 new products during the reporting period, enhancing its product lineup and market competitiveness[47]. - The company aims to increase its global market share and is focusing on the localization of mid-to-high-end products to replace imports, enhancing its brand influence[54]. - The company is actively expanding its global market presence while increasing brand awareness and product competitiveness[71]. - The company has established subsidiaries in the USA, Germany, and Japan, and has expanded its presence in over 80 countries and regions worldwide[56]. - The company is focusing on technology and product innovation, with core technologies in high bandwidth low noise oscilloscopes and real-time spectrum analysis[94]. Governance and Management - The company has established a comprehensive governance structure in compliance with relevant laws and regulations, enhancing decision-making fairness and rationality[146]. - The company’s board includes specialized committees such as the Strategy and Development Committee, Audit Committee, Nomination Committee, and Compensation and Assessment Committee[146]. - The company has implemented a restricted stock incentive plan for 2022, which was approved in the shareholder meeting[149]. - The total remuneration for directors, supervisors, and senior management during the reporting period amounted to 821.28 million yuan[152]. - The company has a structured process for approving the remuneration distribution plans for directors and senior management, requiring shareholder or board approval[158]. Risk Management - The company has detailed various risks it may face in its operations within the report[4]. - The company has no non-operating fund occupation by controlling shareholders or related parties[7]. - There are no violations of decision-making procedures regarding external guarantees[8]. - The company faces challenges in expanding its dealer network and managing them effectively, which is critical for maintaining service quality and brand reputation[103]. - The company has a risk of core technology leakage, which could adversely impact its competitive position if not managed properly[101]. Environmental and Social Responsibility - The company emphasizes environmental protection and social responsibility, adhering to legal regulations and promoting sustainable development[193]. - The company has not faced any administrative penalties related to environmental issues during the reporting period[196]. - The company invested 4.12 million yuan in charitable donations during the reporting period[200]. - The company has implemented measures to enhance employee rights and customer protection, aligning with its core values of being people-oriented and customer-centric[194].