DFGC(000679)2023-04-14 16:00Financial Performance - The company's operating revenue for 2022 was ¥149,462,333.69, a decrease of 15.24% compared to ¥176,334,372.09 in 2021[19]. - The net profit attributable to shareholders for 2022 was -¥50,162,615.70, showing an improvement of 76.77% from -¥215,911,693.13 in 2021[19]. - The net cash flow from operating activities was -¥40,878,586.88, a decline of 190.35% compared to -¥14,078,990.83 in 2021[19]. - Basic earnings per share for 2022 were -¥0.1407, an improvement of 76.93% from -¥0.6100 in 2021[19]. - The total assets at the end of 2022 were ¥968,988,048.24, a decrease of 6.78% from ¥1,039,486,499.70 at the end of 2021[19]. - The net assets attributable to shareholders at the end of 2022 were ¥369,307,314.69, down 11.96% from ¥419,469,930.39 at the end of 2021[19]. - The company reported a total revenue of 149.46 million yuan in 2022, a decrease of 15.24% compared to 176.33 million yuan in 2021[40]. - The net loss attributable to shareholders was 50.16 million yuan, a reduction in loss of 76.77% year-on-year[40]. - Retail business revenue was 144.49 million yuan, down 16.45%, accounting for 96.67% of total revenue[41]. - The total profit for 2022 was CNY -59,756,541.50, a significant reduction from CNY -295,598,067.03 in 2021[178]. - The company's operating profit was CNY -59,774,500.90, compared to CNY -295,595,348.46 in the previous year, indicating a narrowing loss[177]. Revenue and Sales Trends - The company has shown a consistent decline in revenue and profitability over the past three years, indicating ongoing financial challenges[19]. - In 2022, the company's retail sales in Dalian experienced a decline of 16.45%, with revenue amounting to 14,448.72 million yuan[34]. - The total retail sales in China for 2022 reached 43,973.3 billion yuan, a decrease of 0.2% compared to the previous year[29]. - The online retail sales in China grew by 4.0% in 2022, with physical goods online retail sales increasing by 6.2%[29]. - The company reported a quarterly operating revenue of ¥42,524,084.05 in Q1, ¥39,328,479.55 in Q2, ¥32,358,177.62 in Q3, and ¥35,251,592.47 in Q4 of 2022[23]. - Dalian Friendship reported a significant increase in online sales, which accounted for 30% of total sales in 2022, up from 20% in 2021[192]. Operational Adjustments and Strategies - The company maintained its focus on enhancing operational efficiency and optimizing the shopping experience despite the decline in sales[33]. - The company is focusing on the transformation of the Jinshigu project in Dalian and seeking strategic partnerships with other domestic real estate companies[37]. - The company plans to enhance its sustainable development capabilities by exploring external opportunities and strategic collaborations[37]. - The company aims to enhance its retail operations by optimizing management, accurately targeting customer groups, and deepening cooperation with brand partners[65]. - The company is addressing potential funding risks by improving capital structure and ensuring liquidity stability[67]. - The company has initiated a new strategy to improve supply chain efficiency, aiming to reduce operational costs by 8% in the upcoming fiscal year[192]. Governance and Management - The company has established a governance structure that complies with relevant laws and regulations, ensuring effective internal control and risk management[71]. - The company maintains independence from its controlling shareholder in terms of personnel, assets, finance, and operations, ensuring autonomous business capabilities[75]. - The board of directors operates efficiently, fulfilling their duties and ensuring compliance with laws and regulations[72]. - The supervisory board actively monitors the legality and compliance of the actions of directors and senior management, ensuring shareholder rights are protected[73]. - The company has a dedicated financial department with an independent accounting system, ensuring financial independence and integrity[75]. - The company has implemented effective investor relations management, facilitating ongoing communication with investors through various channels[73]. Shareholder and Equity Information - The total number of shares after the recent changes is 356,400,000, maintaining a 100.00% ratio[145]. - The total number of shareholders at the end of the reporting period was 42,147, with no significant changes noted[147]. - The controlling shareholder, Wuxin Investment Holdings (Shenzhen) Co., Ltd., holds 28.06% of the shares, totaling 100,000,000 shares[148]. - The second largest shareholder, Dalian Friendship Group Co., Ltd., holds 3.34% of the shares, totaling 11,907,894 shares[148]. - The company reported no changes in the controlling shareholder or actual controller during the reporting period[150]. Future Outlook and Plans - The company plans to expand its market presence by entering three new regional markets in 2023, aiming for a revenue increase of 20% in these areas[192]. - Dalian Friendship is investing in new product development, with a budget allocation of 100 million yuan for R&D in 2023, focusing on enhancing product quality and innovation[192]. - The company has set a performance guidance for 2023, targeting a revenue growth of 10% and a net profit margin improvement of 5%[192]. - The company is exploring potential mergers and acquisitions to enhance its market share, with a focus on companies that complement its existing product lines[192]. - The company plans to expand its market presence and invest in new product development to drive future growth[194].