BLT(688333)2023-03-30 16:00Financial Performance - The company's operating revenue for 2022 was 918.08 million yuan, an increase of 66.32% compared to the previous year[47]. - The net profit attributable to shareholders for Q4 2022 was 101.62 million yuan, marking a significant recovery from a net loss of 32.41 million yuan in Q1 2022[42]. - The weighted average return on equity for 2022 was 5.64%, an increase of 10.02 percentage points from the previous year[41]. - The gross profit margin for 2022 was 54.55%, an increase of 6.32 percentage points from the previous year[47]. - Operating profit was 58.48 million yuan, a significant increase of 142.89 million yuan year-on-year[173]. - The company's total revenue reached 918,078,592.81, representing a 66.32% increase compared to the previous year[199]. - The aerospace sector generated revenue of 637,685,398.93, with a year-over-year growth of 101.71%[1]. - Revenue from self-developed 3D printing equipment and services was 418,138,390.26, with a year-over-year increase of 91.71%[1]. Assets and Liabilities - Cash and cash equivalents at the end of the period amounted to ¥262,108,465, representing 8.65% of total assets, an increase of 40.82% compared to the previous period[2]. - Accounts receivable reached ¥554,483,071, accounting for 18.29% of total assets, with a significant increase of 96.69% from the previous period due to rapid revenue growth[2]. - Inventory stood at ¥539,013,591, which is 17.78% of total assets, reflecting a 38.03% increase attributed to production stockpiling[2]. - Short-term borrowings increased to ¥412,174,058, representing 13.60% of total assets, a substantial rise of 374.01% driven by operational funding needs[2]. - The company reported a significant increase in other receivables, which reached ¥24,257,461, up 222.36% from the previous period due to increased deposits and guarantees[2]. - The total amount of contract assets was ¥45,846,623, accounting for 1.51% of total assets, with a growth of 180.68% due to increased sales equipment and warranty deposits[2]. - The company has seen a significant increase in other current liabilities, which rose by 584.55% to approximately 32 million[99]. - The company's retained earnings increased by 51.29% to approximately 220 million, driven by profitability during the reporting period[99]. Research and Development - The company plans to enhance its research and development efforts, investing in new technologies and materials to improve product development capabilities[25]. - R&D investment accounted for 17.71% of operating revenue, a decrease of 2.98 percentage points compared to 2021[41]. - The company has developed a series of metal 3D printing equipment, including laser selective melting, laser stereolithography, and arc additive manufacturing technologies[69]. - The company has filed a total of 440 patents, with 276 granted, including 81 invention patents[106]. - The company is focusing on developing large-size, multi-laser efficient additive manufacturing equipment, which is expected to enhance production capabilities[112]. - The company has achieved significant improvements in the stability and efficiency of its SLM equipment control software, enhancing the overall performance of its manufacturing processes[90]. - The company is actively involved in national key R&D projects, contributing to advancements in metal additive manufacturing technology[106]. - Research and development investment for the year reached 9,980 million, with a total investment of 28,200 million planned for various projects[133]. Market Strategy and Expansion - The company aims to achieve a production value of 10 billion yuan in the additive manufacturing industry by 2023, as outlined in the Shaanxi Province three-year action plan[21]. - The company focuses on metal 3D printing services, equipment, and materials, aiming to provide a one-stop service for customers[24]. - The company intends to expand its production capacity for customized metal 3D printing products and related equipment to capture market opportunities[25]. - The company is committed to maintaining technological leadership by continuously investing in core technology development[24]. - The company is focused on the rapid growth of the additive manufacturing industry and aims to establish a full industrial chain innovation advantage[25]. - The company is addressing the challenges of limited application scope and collaboration mechanisms in the additive manufacturing sector[21]. - The company is actively exploring new markets and applications in the aerospace sector to sustain growth[199]. Technological Advancements - The arc additive manufacturing technology (WAAM) has demonstrated high deposition efficiency and material utilization, with maximum forming sizes reaching 4m and 10m, addressing urgent customer needs for customized products[70]. - The company has successfully manufactured large aluminum and stainless steel components using arc additive manufacturing, with some components validated by aerospace customers[73]. - The company provides a full set of solutions for metal additive manufacturing and remanufacturing technology, generating revenue from the value-added services offered to customers[76]. - The company has developed new materials and optimized manufacturing processes, resulting in a significant reduction in powder preparation costs and the ability to supply large quantities of specialized metal powders[142]. - The company has completed the testing of a high-efficiency heat exchange structure, which can be applied in various engineering scenarios requiring thermal management[132]. - The company has achieved a 2.5 times increase in forming efficiency by optimizing the printing layer thickness from 0.05mm to 0.14mm for SLM mold parts[132]. - The company is promoting the application of high-stability, high-efficiency, low-cost laser selective melting equipment in various industries, achieving international advanced levels[130]. Workforce and Human Resources - The company has a workforce of over 1,400 employees, with R&D personnel making up 30.23% of the total[106]. - The number of R&D personnel increased to 435, representing 30.23% of the total workforce, up from 267 and 23.84% respectively[135]. - The average salary of R&D personnel increased to ¥12.04 million, compared to ¥10.22 million in the previous period[135]. - Total R&D personnel compensation reached ¥5,238.77 million, a significant increase from ¥2,729.27 million in the previous period[135]. Financial Management - The company plans to distribute a cash dividend of 0.70 yuan per share, totaling 7.99 million yuan, and to increase its share capital by 4 shares for every 10 shares held[53]. - Financial expenses increased by 93.84% to 10.02 million yuan due to increased bank borrowings as the company expands its operations[175]. - The company confirmed stock payment expenses of 162.54 million yuan in 2022 due to the implementation of a restricted stock incentive plan in November 2020[67].