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Admiralty sharesCandycrushsodasagacandycrushsagaThe net profit of returning home in 2023 increased by more than 70% compared with the same period last year, and the new base strives to put into production in 2024. On the evening of April 26th, Admiralty shares (301133Candycrushsodasagacandycrushsaga.SZ) Disclosure of periodic annual reports, the company realized operating income in 2023 9Candycrushsodasagacandycrushsaga.2.6 billion yuan, an increase of 27.00% over the same period last year.
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Admiralty sharesCandycrushsodasagacandycrushsagaThe net profit of returning home in 2023 increased by more than 70% compared with the same period last year, and the new base strives to put into production in 2024. On the evening of April 26th, Admiralty (301133.SZ) disclosed its regular annual report that the company's operating income in 2023 was 926 million yuan, an increase of 27.00% over the same period last year; and the net profit of returning home was 90.8817 million yuan, an increase of 73.70% over the same period last year. The company's weighted average rate of return on net assets rose 3.88 percentage points to 10.22% year-on-year, and the net cash flow generated by operating activities was 127 million yuan, an increase of 110.25% over the same period last year. Admiralty is mainly for domestic and foreign vehicle manufacturers and their first-class suppliers, providing car wheel hub decoration, car logo decoration and car body decoration, and has established long-term and stable cooperative relations with many well-known vehicle manufacturers at home and abroad. Benefiting from the recovery of the global automobile market, the company's customer orders continued to increase, and its revenue grew steadily; at the same time, the company achieved remarkable results in reducing costs and increasing efficiency, superimposed with a decline in raw material prices and a sharp drop in sea freight charges. In 2023, the company's gross profit margin increased by 5.93 percentage points year-on-year to 25.49%, and its profitability increased significantly. The company seizes the market opportunity of continuous improvement of new energy vehicle penetration, actively opens up new energy vehicle customers, low wind resistance wheel hub market and hub insert business to achieve more projects of mainstream new energy vehicle brands at home and abroad. At the same time, the company continues to enrich the product layout and set up an interior decoration department to speed up the expansion of automobile internal and external decoration business. at present, it has been certified by a number of vehicle factories and the project has been designated. "Qingyuan Admiralty production Base expansion Project" has been completed and put into use, which has become an important support for the rapid growth of the company's production and operation scale. In the first quarter of 2024, the company's operating performance maintained high growth, with operating income of 267 million yuan, an increase of 35.48% over the same period last year, and net profit of 27.0226 million yuan, an increase of 53.70% over the same period last year. The company said that in 2024, it will continue to be market-oriented, strengthen the development and expansion of new projects and new products, deeply develop the business of existing customers, actively develop new customers at home and abroad, focus on expanding the European market, and strive for more supporting positions for middle and high-end car companies. We will increase the development of new projects for customers in the new energy automobile industry, and strive to enhance the market share of accessories products inside and outside the company. At the same time, the company will also speed up the construction of Guangzhou automobile lightweight engineering plastic parts production base and Nantong automobile internal and external decoration parts and automobile lightweight materials production project, and strive to realize the project production and operation in 2024. (Wen Sui) proofreading: Yang Lilin