Financial Performance - Revenue for the reporting period was RMB 1,577,251,272.59, a decrease of 19.52% compared to the same period last year[12] - Net profit attributable to shareholders of the listed company was RMB 448,740,509.48, an increase of 34.84% year-on-year[12] - Basic earnings per share (EPS) were RMB 0.81, up 24.62% compared to the same period last year[12] - Total assets at the end of the reporting period were RMB 5,739,450,935.68, an increase of 4.95% compared to the end of the previous year[12] - Net cash flow from operating activities was RMB 258,580,564.07, a decrease of 12.24% year-on-year[12] - Revenue for the first half of 2024 was 1.577 billion yuan, a decrease of 19.52% year-on-year[18] - Net profit attributable to shareholders of the listed company was 449 million yuan, an increase of 34.84% year-on-year[18] - Revenue for the reporting period decreased by 19.52% to 1,577,251,272.59 yuan compared to the same period last year[35] - Net profit for the first half of 2024 was 447,159,229.33 yuan, an increase of 34.6% compared to 332,162,617.20 yuan in the same period of 2023[131] - Total operating revenue for the first half of 2024 was 1,577,251,272.59 yuan, a decrease of 19.5% compared to 1,959,799,769.49 yuan in the same period of 2023[130] - Net profit for the first half of 2024 was 18,085,272.47 yuan, compared to a net loss of -36,901,481.10 yuan in the first half of 2023[132] Subsidiaries and Business Operations - The company's subsidiaries include JiaLian Payment, XGD Payment, and Changsha Fadu Internet Technology[5] - JiaLian Payment achieved revenue of 1.083 billion yuan, a decrease of 19.16% year-on-year, with a total transaction volume of approximately 722.47 billion yuan[20] - JiaLian Payment's net profit increased by 27.86% year-on-year to 257 million yuan[20] - The company's subsidiary, Jialian Payment, achieved a net profit of RMB 256,847,800[52] - The company's subsidiary, Shenzhen Xinguodu Payment Technology Co., Ltd., achieved a net profit of RMB 116,952,318.29[52] - The company transferred 100% equity of Shenzhen Xinguodu Tengyun Software Co., Ltd. to optimize its asset structure and reduce operating risks[53] - The company established Hong Kong Pro C Limited and PROC SINGAPORE PTE.LTD. to support its strategic planning and long-term development[53] - The company established Hunan Jiami Technology Co., Ltd. with its own funds to support its strategic planning[54] - The company deregistered Hunan Fengdu Software Co., Ltd. to streamline its organizational structure and improve operational efficiency[54] Dividend and Shareholder Information - The company plans to distribute a cash dividend of RMB 2 per 10 shares (tax included) to all shareholders[2] - A total cash dividend of RMB 112,060,384.60 was distributed, with RMB 2 per 10 shares, accounting for 100% of the total profit distribution[67] - The company's total distributable profit was RMB 222,021,386.89[67] - The company's cash dividend for 2023 is 37,492.89 million yuan, accounting for 49.66% of the net profit attributable to the parent company[76] - The company's cash dividend for 2022 is 11,904.51 million yuan, accounting for 265.84% of the net profit attributable to the parent company[76] - The company's cash dividend for 2020 is 12,141.78 million yuan, accounting for 140.36% of the net profit attributable to the parent company[76] - The company's cash dividend for 2019 is 12,140.84 million yuan, accounting for 68.95% of the net profit attributable to the parent company[76] R&D and Innovation - R&D expenses in H1 2024 amounted to 125 million yuan, accounting for 7.91% of total revenue, with 175 patents and 469 software copyrights obtained[31] - R&D investment decreased by 17.10% to 124,823,915.53 yuan, reflecting potential adjustments in innovation strategy[35] - The AI business saw increased investment, with the release of the first AI "digital employee" product, now in the commercialization phase[28] - The company obtained multiple international certifications, including MPoC, PCI P2PE, and FELICA, laying the foundation for expanding into key overseas markets[26] Cross-Border and Overseas Operations - The company obtained the Hong Kong MSO license in April 2024, further expanding its global payment license portfolio[18] - The company's cross-border payment brand Paykka has launched overseas local acquiring and B2B foreign trade collection services, achieving full commercialization[18] - JiaLian Payment has opened over 450,000 terminals for foreign card acceptance, with foreign card transaction volume in the first half of 2024 reaching 2.3 times that of the entire year of 2023[20] - Cross-border payment and overseas acquiring business achieved significant progress, with Paykka successfully launching overseas local acquiring and B2B foreign trade collection products, fully commercialized[24] - Overseas revenue has been growing rapidly, accounting for an increasing proportion of the company's total revenue, with potential risks from intensified competition, trade barriers, and geopolitical factors[56] Risk Factors - The company faces risks related to exchange rate fluctuations and increased accounts receivable from overseas customers as overseas revenue grows[57] - Potential risks from changes in tax policies, including uncertainties in tax incentives such as VAT refunds for software products and preferential corporate income tax for high-tech enterprises[58] - Financial risks and goodwill impairment risks associated with mergers and acquisitions, including improper valuation, financing risks, and integration challenges[59] - Risks of not meeting market demand due to the complexity of electronic payment services and the need for rapid innovation in products, technologies, and services[60] - Risks of strategic transformation progress falling below expectations or failing, particularly in expanding into new business areas and emerging technologies[61] - Challenges in adapting the existing team to global development needs, including insufficient experience in overseas business and marketing, and potential risks from local political, economic, and regulatory environments[62] - Operational risks related to the establishment of a mutual insurance company, including regulatory changes and uncertainties in the profitability of the mutual insurance model[63] Corporate Governance and Shareholder Relations - The company held an online investor communication session on April 11, 2024, discussing the overall business and performance for 2023[64] - The 2023 annual shareholders' meeting had a participation rate of 38.31%[65] - The company's board secretary, Guo Qiaoyi, resigned on March 28, 2024, and Li Zefang was appointed as the new board secretary on the same date[66] - The company's 2024 semi-annual profit distribution plan was approved on August 16, 2024, with a base of 560,301,923 shares[67] - Two equity incentive plans were in effect during the reporting period, with partial stock options canceled and adjustments made to exercise prices[69] - The 2022 stock option incentive plan entered its second exercise period, adopting a self-exercise model[69] Employee Welfare and Training - The company conducted 59 training sessions in the first half of 2024, including the "New Star Program" for new employee onboarding[78] - The company has a comprehensive employee welfare system, including free annual health check-ups, holiday gifts, and various recreational activities[77] - The company organized a total of 21 training sessions, covering 487 participants, focusing on professional skills, general qualities, management communication, and mentoring[79] - The company conducted 6 offline psychological theme salon activities and various EAP (Employee Assistance Program) initiatives to support employee mental health[79] - The company implemented a learning reward program to incentivize employees who obtain advanced professional qualifications[78] Environmental and Social Responsibility - The company has not received any environmental penalties during the reporting period and is not listed as a key pollutant discharge unit[73] - The company voluntarily reduces pollutant emissions and continuously improves environmental performance, with all products passing ROHS testing requirements[86] - The company actively participates in anti-fraud campaigns and was commended by the Shenzhen Public Security Bureau Nanshan Branch in March 2024[88] - The company emphasized product quality and information security, achieving certifications such as ISO9001, ISO27001, and ISO14001, and received multiple industry awards including the Red Dot Award 2023[82] - The company established a comprehensive customer and consumer rights protection mechanism, with subsidiaries receiving multiple AAA-level credit certifications and being recognized as "Contract-abiding and Credit-worthy Enterprises"[83] Financial Statements and Accounting Policies - The financial statements were approved by the board of directors on August 16, 2024[151] - The company's financial statements comply with enterprise accounting standards, accurately reflecting the company's financial status, operating results, and cash flows[155] - The accounting period is from January 1 to December 31 each year[156] - The operating cycle is 12 months, used as the standard for dividing the liquidity of assets and liabilities[157] - The functional currency is RMB, with overseas subsidiaries using the currency of their primary economic environment, converted to RMB for financial reporting[158] - Significant bad debt provisions for receivables are determined for amounts exceeding 0.5% of the company's total assets[160] - Significant non-wholly owned subsidiaries are those contributing over 10% to the company's net profit[160] - Significant joint ventures or associates are those where investment income or loss exceeds 10% of the company's net profit[160] - Significant contingent liabilities are those exceeding 10% of the company's net assets or net profit[160] Cash Flow and Financial Position - Cash and cash equivalents decreased by 110.11% to -21,984,417.25 yuan, primarily due to increased cash dividend distribution[35] - The company's monetary funds accounted for 64.82% of total assets, with a slight decrease of 1.74% compared to the previous year[39] - The company's investment income increased to 27,063,170.05 yuan, accounting for 6.03% of total profit, mainly due to profits from equity investments[38] - Total financial assets amounted to RMB 1,582,951,537.71, including other equity instrument investments of RMB 876,826,537.71 and other non-current financial assets of RMB 206,125,000.00[42][47] - The company's investment amount in the reporting period was RMB 281,300, a decrease of 98.43% compared to the same period last year[44] - The company's trading financial assets (excluding derivative financial assets) had a value change gain of RMB 409,166.67 during the reporting period[45] - The company's total entrusted wealth management amount was RMB 450 million, with an outstanding balance of RMB 50 million[49] - The company's monetary funds increased to 3.72 billion yuan at the end of the period, up from 3.64 billion yuan at the beginning of the period[124] - Accounts receivable rose to 350.33 million yuan, compared to 335.36 million yuan at the start of the period[124] - Inventory grew to 156.77 million yuan from 121.09 million yuan at the beginning of the period[124] - Other receivables increased significantly to 109.41 million yuan, up from 61.76 million yuan at the start of the period[124] - The company's total current assets reached 4.6 billion yuan, up from 4.4 billion yuan at the beginning of the period[124] Shareholder and Equity Information - Shareholder Liu Xiang holds 34.49 million shares of unrestricted common stock[118] - Shareholder Liu Ya holds 16.59 million shares of unrestricted common stock[118] - Shareholder Yuan Mulan holds 5.01 million shares, including 4.99 million shares through a margin trading account[117] - Shareholder Yuan He holds 3.94 million shares, including 544,500 shares through a margin trading account[117] - The company's directors and senior management collectively increased their holdings by 370,000 shares during the reporting period[119] - Total assets increased to 5,739,450,935.68 yuan, up 4.95% from 5,468,848,631.11 yuan at the beginning of the period[125][126] - Long-term equity investments grew to 131,051,033.87 yuan, a 25.6% increase from 104,344,244.15 yuan[125] - Monetary funds rose to 1,063,214,642.82 yuan, up 6.17% from 1,001,449,756.69 yuan[128] - Accounts receivable decreased to 71,861,535.15 yuan, down 47.3% from 136,293,143.38 yuan[128] - Total liabilities increased to 1,320,147,795.63 yuan, up 13.5% from 1,163,281,016.49 yuan[126] - Short-term borrowings stood at 199,063,970.00 yuan, compared to 0.00 yuan at the beginning of the period[125] - Contract liabilities decreased to 47,213,914.79 yuan, down 50.7% from 95,700,899.97 yuan[125] - Total owner's equity increased to 4,419,303,140.05 yuan, up 2.64% from 4,305,567,614.62 yuan[126] - Long-term equity investments in the parent company increased to 1,901,726,343.27 yuan, up 0.68% from 1,888,854,262.91 yuan[128] - Fixed assets decreased to 72,728,182.30 yuan, down 7.28% from 78,439,132.19 yuan[125] Business Strategy and Market Competition - Intensified competition in the domestic POS terminal market, with major manufacturers shifting focus to overseas markets, leading to potential changes in the competitive landscape of key overseas markets[55] - Overseas revenue has been growing rapidly, accounting for an increasing proportion of the company's total revenue, with potential risks from intensified competition, trade barriers, and geopolitical factors[56] - The company faces risks related to exchange rate fluctuations and increased accounts receivable from overseas customers as overseas revenue grows[57] - Potential risks from changes in tax policies, including uncertainties in tax incentives such as VAT refunds for software products and preferential corporate income tax for high-tech enterprises[58] - Financial risks and goodwill impairment risks associated with mergers and acquisitions, including improper valuation, financing risks, and integration challenges[59] - Risks of not meeting market demand due to the complexity of electronic payment services and the need for rapid innovation in products, technologies, and services[60] - Risks of strategic transformation progress falling below expectations or failing, particularly in expanding into new business areas and emerging technologies[61] - Challenges in adapting the existing team to global development needs, including insufficient experience in overseas business and marketing, and potential risks from local political, economic, and regulatory environments[62] - Operational risks related to the establishment of a mutual insurance company, including regulatory changes and uncertainties in the profitability of the mutual insurance model[63] Legal and Compliance - The company reported no significant litigation or arbitration cases, with minor cases involving amounts of 6,953.89 thousand yuan and 60.73 thousand yuan respectively[90] - The company and its controlling shareholder have no illegal or non-compliant records, and no significant debts or legal judgments[92] - The company's subsidiary signed a lease agreement for 9,749.26 square meters of office space, with a total rental cost of 56,725,860.97 yuan over three years[99] - The company provided a total guarantee amount of 190,000 million yuan for its subsidiary, Shenzhen Xinguodu Payment Technology Co., Ltd., with multiple instances of actual guarantees ranging from 26.4 million yuan to 2,554.46 million yuan[104][105] - The guarantees were issued as joint liability guarantees, with no collateral or counter-guarantees provided[104][105] - The guarantee periods varied, with some guarantees already fulfilled and others still ongoing, ranging from 2 months to 6 months[104][105] - The company did not have any significant contracts related to trusteeship, contracting, or leasing during the reporting period[100][101][102] - The company's guarantees were not provided to related parties, as all guarantees were issued to its subsidiary[104][105] - The company's total approved guarantee quota for subsidiaries during the reporting period is 450,000 RMB, with an actual guarantee amount of 27,396.56 RMB[107] - The actual guarantee balance for subsidiaries at the end of the reporting period is 21,279.22 RMB, accounting for 4.81% of the company's net assets[107] Equity and Share Capital - The company's wholly-owned subsidiary, Xin Guodu International Limited, invested HKD 6,000 to establish Hong Kong Pro C Limited[111] - The company's wholly-owned subsidiary, Changsha Fadu Internet Technology Co., Ltd., invested 5 million RMB to establish Hunan Jiami Technology Co., Ltd.[111] - The company's secondary wholly-owned subsidiary, Hong Kong Pro C Limited, invested 1,000 SGD to establish PROC SINGAPORE PTE.LTD[111] - The company's restricted shares increased by 279,375 shares, reaching a total of 133,053,690 shares, accounting for 23.76% of the total shares[112] - The company's unrestricted shares increased by 3,189,549 shares, reaching a total of 426,974,233 shares, accounting for 76.24% of the total shares[112] - Total shares increased by 3,468,924 shares due to the exercise of stock options, bringing the total to 560,027,923 shares[113] - 170 incentive recipients exercised 20,426,500 stock options at a price of 10.75 yuan per share in the second exercise period of the 2021 stock option incentive plan[113] - 74 incentive recipients exercised 12,500,000 stock options at a price of 15 yuan per share in the first exercise period of the 2022 stock option incentive plan

证券代码： 300130 证券简称：新国都 深圳市新国都股份有限公司 投资者关系活动记录表 编号：2024-003 投资者关系活动 √特定对象调研 □分析师会议 类别 □媒体采访 □业绩说明会 □新闻发布会 □路演活动 □现场参观 □其他 参与单位名称及 开源证券 高超 唐关勇 人员姓名 南方基金 金岚枫 景顺长城 孟禾 平安基金 叶芊 泓铭资本 李静 时间 2024年6 月4日 15:30-17:00 地点 深圳市南山区粤海街道深圳湾科技生态园10 栋B座20楼 会议室 上市公司接待人 投资者关系总监 郑亚林 员姓名 投资者关系活动 ...

新国都(300130) 目标价: 昨收盘:21.86 (30%) (10%) 10% 30% 50% 70% 23/5/5 23/7/1623/9/2623/12/724/2/1724/4/29 新国都 沪深300 相关研究报告 事件：公司发布 2023 年年报，收入 38.01 亿元，同比减少 11.94%； 归母净利润 7.55 亿元，同比增加 1588.44%。 公司发布 2024 年一季报，收入 7.83 亿元，同比减少 22.74%；归 风险提示：收单业务竞争加剧；AI 应用不及预期；行业竞争加剧。 | --- | --- | --- | --- | --- | |--------------------|---------|---------------------------------|-------------------------------|--------| | | 2023A | 2024E | 2025E | 2026E | | 营业收入（百万元） | | 3801.26 4371.45 5070.89 5932.94 | | | | 营业收入增长率 (%) | -11.94% ...

公 司 研 究 证券研究报告 ＃＃iinndduussttrryyIIdd＃＃ 其他计算机设备 ＃investSuggestion＃ 公 司 点 评 报 告 净利润实现高增长，收单+设备双轮驱动。 2023 年，公司收单（嘉联支付）、 电子支付（新国都支付）主体实现收入分别为 25.8 亿、9.5 亿元；实现净利 润分别为 3.8 亿、2.1 亿元；在剔除去年支付资金退还对利润的影响后，收单 业务净利润同比增长 111%。2023Q4 单季度，公司实现营收 9.07 亿元，同比 下降 11.62%；实现归母净利润 2.03 亿元，同比实现扭亏。 增持 ( ＃ investSug gestionCh ange＃ 维持 ） S0190515050002 杨本鸿 yangbenhong@xyzq.com.cn S0190522080001 投资要点 ＃summary＃ 事件：2023 年实现营收 38 亿元，同比下降 12%；实现归母净利润 7.6 亿元， 同比增长 1588%；实现扣非净利润 7.0 亿元，同比增长 280%。 收单业务渠道成本下降，费率持续提升。2023 年，公司实现流水 1.94 万亿 元，同 ...

新国都（300130.SZ）2023 年年报&2024 年一季报点评 [盈利预测与财务指标 Table_Forcast] | --- | --- | --- | --- | --- | |----------------------------------------------------|--------|------------------|------------|-------| | 项目 /年度 | 2023A | 2024E | 2025E | 2026E | | 营业收入（百万元） | 3,801 | 4,233 | 4,810 | 5,462 | | 增长率（ %） | -11.9 | 11.4 | 13.6 | 13.6 | | 归属母公司股东净利润（百万元） | 755 | 908 | 1,041 | 1,193 | | 增长率（%） | 1588.4 | 20.2 | 14.7 | 14.7 | | 每股收益（元） | 1.36 | 1.63 | 1.87 | 2.14 | | PE | 16 | 13 | 12 | 10 | | PB | 2.8 | 2.4 | 2.1 | 1.8 ...

1.董事会、监事会及董事、监事、高级管理人员保证季度报告的真实、准确、完整，不存在虚假记载、误导性陈述或重 大遗漏，并承担个别和连带的法律责任。 深圳市新国都股份有限公司 2024 年第一季度报告 （一） 主要会计数据和财务指标 证券代码：300130 证券简称：新国都 公告编号：2024-023 2024 年第一季度报告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导性陈述或重大遗漏。 2.公司负责人、主管会计工作负责人及会计机构负责人(会计主管人员)声明：保证季度报告中财务信息的真实、准确、 完整。 □是 否 深圳市新国都股份有限公司 2024 年第一季度报告 | --- | --- | --- | --- | |------------------------------------------------------|------------------|------------------|----------------------------------| | □是 否 | 本报告期 | 上年同期 | 本报告期比上年同期增减 （ % ） | | 营业收入（元） | ...

[Table_MainInfo] 公司研究/信息设备/电子设备与仪器 证券研究报告 新国都（300130）公司年报点评 2024 年 04 月 09 日 [Table_InvestInfo] 投资评级 优于大市 维持 | --- | --- | |-------------------------------------------------|-------------| | 股票数据 | | | 04 [ Table_StockInfo 月 09 日收盘价（元） ] | 20.65 | | 52 周股价波动（元） | 14.96-31.27 | | 总股本 / 流通 A 股（百万股） | 557/424 | | 总市值 / 流通市值（百万元） | 11503/8761 | | 相关研究 | | | [Table_ReportInfo] 《分红位于计算机板块前列》 | | | 《 发 布 业 绩 预 告 ， 利 润 端 实 现 高 增 》 | | | 2024.01.25 | | | 《收单利润高增，支付硬件出海成果喜人》 | | | 2023.09.26 市场表现 | | [Table_QuoteInfo ...

业绩高速增长，海外布局完善 [ T able_StockInfo] 2024 年 03 月 27 日 证券研究报告•2023 年年报点评 买入 （维持） 当前价：21.45 元 新 国 都（300130）计算机 目标价：——元（6 个月） 收单流水 12月已重回增势，后续行业格局有望向龙头集中。公司 2023年收入 同比有所下滑，主要系牌照续展因素影响，全年收单业务实现收入 25.8亿元， 同比下降 15.7%，处理交易流水量为 1.94万亿元，同比下降 24.8%；但随着第 四季度嘉联支付收单产品线大批量出货，12月份月度流水实现环比增长。同时， 公司收单业务毛利率达到 34.1%，同比增长 15.64pp。伴随行业监管政策的逐步 明晰，行业格局有望迎来进一步出清，公司后续或重新调整经营拓客策略，预 计 2024 年收单业务流水重回增长趋势。 AIGC 持续变现，布局多模态打造成长动力。公司的 AI 业务在技术研发和商业 化运作已取得初步成绩，参股子公司 Duality Intelligence Limited面向海外市场 推出的多款工具类应用功能持续迭代，下载量持续攀升，带动公司投资收益超 预期增长。此外 ...

新国都（300130.SZ） 23 年度盈利高增，AI 技术助力海外业务突破 事件：2024 年 3 月 27 日晚，公司发布 2023 年年报。2023 年，公司实现 营收 38.01 亿元，同比下降 11.94%；归母净利润 7.55 亿元，同比增长 1,588.44%，业绩符合预期。 支付服务及硬件出海驱动增长，归母净利润同比大增。1）2023 年，公司实 现营收 38.01 亿元，同比下降 11.94%；实现毛利润 14.75 亿元，同比增长 35.22%；实现归母净利润 7.55 亿元，同比增长 1,588.44%；实现扣非归母 净利润 7.00 亿元，同比增长 279.84%；业绩符合预期。2）2023 年公司营 收有所下滑，主要是因为受牌照续展因素影响，收单业务交易流水同比下降 所致；而归母净利润的明显增长，主要系 2022 年商誉减值计提和营业外支 出中资金退还支出影响导致归母净利润基数较低所致。若剔除上述因素影 响，公司 2023 年归母净利润同比增速约为 110.09%。 支付牌照成功通过续展，国内渠道进一步完善。2023 年 7 月，嘉联支付《支 付业务许可证》成功通过续展，影响公司收单 ...

2023 年年度报告 深圳市新国都股份有限公司 2023 年年度报告全文 公司负责人刘祥、主管会计工作负责人郭桥易及会计机构负责人(会计主 管人员)邓淑萍声明：保证本年度报告中财务报告的真实、准确、完整。 所有董事均已出席了审议本报告的董事会会议。 2 3 二、载有会计师事务所盖章、注册会计师签名并盖章的审计报告原件。 以上文件均齐备、完整，并备于本公司董事会办公室以供查阅。 释义 深圳市新国都股份有限公司 2023 年年度报告全文 深圳市新国都股份有限公司 2023 年年度报告全文 | --- | --- | --- | --- | |-----------------------------|--------------------------------------------|----------------------------|--------| | 股票简称 | 新国都 | 股票代码 | 300130 | | 公司的中文名称 | 深圳市新国都股份有限公司 | | | | 公司的中文简称 | 新国都 | | | | 公司的外文名称（如有） | XGD INC. | | | | 公司的外文名称缩写 ...