According to the Zhitong Finance App, Ling Wei Technology (301373.SZ) disclosed the 2023 annual report. The company achieved revenue of 466 million yuan in 2023, an increase of 16.11%; net profit to mother of 125 million yuan, an increase of 37.24%; deducted non-net profit of 112 million yuan, an increase of 31.38%; and basic earnings per share of 1.18 yuan. The company plans to pay a cash dividend of 3 yuan (tax included) for every 10 shares.
New nano materials are the company's main business. After years of intensive cultivation, products with core competitiveness such as matting agents, adsorbents, opening agents, and anti-rust pigments have been formed. As the company's market expansion results are showing, new products are gradually entering the fields of photovoltaics, petrochemical plastics, anti-rust pigments, etc. As market competition continues to intensify, the main nano materials industry has maintained remarkable growth. During the reporting period, revenue from new nanomaterials was RMB 410.2487 million, an increase of 19.33% over the same period last year.
At the same time, since the gross margin of new nanomaterials is higher than that of coating additives and other materials, the scale of the business continued to expand, resulting in net profit attributable to shareholders of listed companies of 124.8737 million yuan during the reporting period, an increase of 37.24% over the same period last year. Consolidate the company's main business and continuously improve its core strengths and resilience to risks, which will push the company steadily and far-reaching on the path of high-quality development.