WISCOM(002090)2023-04-09 16:00Financial Performance - The company's operating revenue for 2022 was approximately ¥1.53 billion, a decrease of 6.89% compared to ¥1.64 billion in 2021[22]. - The net profit attributable to shareholders of the listed company was approximately ¥30 million, down 79.29% from ¥144 million in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was approximately ¥20 million, an increase of 61.06% from ¥12 million in 2021[22]. - The cash flow from operating activities was approximately ¥93 million, representing a significant increase of 140.93% compared to ¥39 million in 2021[22]. - The basic earnings per share decreased to ¥0.0789, down 78.88% from ¥0.3735 in the previous year[22]. - The total assets at the end of 2022 were approximately ¥2.61 billion, an increase of 4.26% from ¥2.50 billion at the end of 2021[22]. - The net assets attributable to shareholders were approximately ¥1.25 billion, a slight decrease of 0.48% from ¥1.25 billion in 2021[22]. - The weighted average return on net assets was 2.40%, down 9.10% from 11.50% in the previous year[22]. - The company reported a significant decrease in financial expenses, with a reduction of 115.58% to -CNY 1,894,990.68 due to decreased interest expenses[81]. - The company achieved a net profit of ¥18,963,207.41 for the year 2022, with a distributable profit of ¥488,224,904.40 after accounting for dividends and reserves[174]. Revenue Breakdown - Revenue from the smart energy sector reached ¥798.79 million, accounting for 52.28% of total revenue, with a year-on-year increase of 1.77%[69]. - The smart city business generated ¥725.64 million, representing 47.50% of total revenue, but saw a decline of 14.66% compared to the previous year[69]. - The company’s direct sales model accounted for 100% of total revenue, with a decrease of 6.89% year-on-year[72]. - The total operating cost for the smart energy segment was CNY 554,177,644.77, accounting for 48.73% of total operating costs, showing a year-on-year increase of 1.60%[75]. - The smart city segment's operating cost was CNY 582,044,973.53, representing 51.18% of total operating costs, with a year-on-year decrease of 18.09%[75]. Market Strategy and Development - The company aims to enhance its market share in the non-fossil energy sector, targeting a 20% increase in the share of non-fossil energy in total energy consumption by 2030[34]. - The company is actively developing products for the renewable energy market, including wind and solar energy solutions, to align with national carbon neutrality goals[35]. - The company is positioned as a key supplier for major state-owned power companies, responding to the national "dual carbon" strategy by focusing on power automation and information technology[38]. - The company plans to leverage advancements in 5G, IoT, big data, and AI to enhance its product offerings in the new power system[38]. - The company is focusing on expanding its market presence through new product development and strategic partnerships in the energy sector[83]. Research and Development - The company holds over 130 patents and more than 350 software copyrights, reflecting its commitment to research and development[54]. - The company’s R&D expenses increased by 14.14% to CNY 188,271,212.58 compared to CNY 164,947,094.90 in the previous year[81]. - The number of R&D personnel increased by 2.51% to 327, with the proportion of R&D staff in the company rising to 27.90%[84]. - The company launched a new energy management system (EMS) for energy storage, enhancing its competitive position in the renewable energy sector[83]. - The company has initiated several R&D projects aimed at enhancing product lines, including the development of a nationwide distribution terminal based on domestic FUXI chips[82]. Corporate Governance - The company has actively improved its corporate governance structure and internal control systems in accordance with applicable laws and regulations[125]. - The company maintains complete independence from its controlling shareholder in terms of business, personnel, assets, and finance[130]. - The board of directors consists of 9 members, including 3 independent directors, meeting the requirements of relevant laws and regulations[127]. - The company has established a robust investor relations management system, utilizing various communication methods to address investor inquiries and relay company performance and industry dynamics[135]. - The company emphasizes social responsibility and actively engages with stakeholders to balance interests among shareholders, creditors, employees, customers, suppliers, and society[132]. Environmental Commitment - The company has been recognized as a green factory in Jiangsu Province for 2022, reflecting its commitment to environmental management and sustainability[190]. - The company has implemented various energy-saving measures, including promoting paperless offices and advocating for resource conservation, which contribute to its low-carbon initiatives[189]. - The company has achieved an annual power generation of approximately 1.2 million KWh from its rooftop photovoltaic system, saving an average of 485 tons of standard coal and reducing carbon dust emissions by 326 tons, as well as cutting down CO2 emissions by 1,196 tons[190]. - The company has not faced any administrative penalties related to environmental issues during the reporting period, indicating compliance with environmental regulations[188]. - The company has been actively involved in low-carbon park construction projects, providing comprehensive solutions for industrial parks[190]. Employee Relations and Welfare - The company has a training program that includes new employee orientation and ongoing professional development for existing staff[168]. - The company has a diverse educational background among employees, with 145 holding master's degrees or above[166]. - The company has implemented a robust employee welfare system, including health check-ups and maternity support, to protect employee rights[193]. - The total number of employees at the end of the reporting period was 1,296, with 432 in the parent company and 864 in major subsidiaries[166]. - The company has established a comprehensive salary policy that includes basic salary, performance pay, and various benefits to maintain competitiveness[167].