Financial Performance - Revenue for the year ended December 31, 2023, was RMB 5,952,028, representing a 31.9% increase from RMB 4,511,062 in 2022[2] - Operating profit for 2023 was RMB 580,971, a significant recovery from an operating loss of RMB 129,519 in 2022[2] - Net profit surged to RMB 1,099,218 in 2023, up 925.0% from RMB 107,245 in 2022[2] - Adjusted net profit (non-GAAP) reached RMB 2,156,185, reflecting a 169.7% increase from RMB 799,449 in 2022[2] - Total revenue for the year ended December 31, 2023, was RMB 5,952,028, an increase from RMB 4,511,062 in the previous year, representing a growth of approximately 32.2%[32] - The company reported a net profit of RMB 1,099,218 for the year ended December 31, 2023, compared to RMB 107,245 in the previous year, indicating a significant increase[32] - The cash flow from operating activities for the year ended December 31, 2023, was RMB 3,047,009, up from RMB 1,003,042 in the previous year[34] - The company's total assets increased from RMB 14,826,867 as of December 31, 2022, to RMB 17,940,048 as of December 31, 2023, reflecting a growth of approximately 20.5%[33] - The company's total liabilities increased from RMB 3,186,104 as of December 31, 2022, to RMB 4,510,855 as of December 31, 2023[33] - The basic earnings per share increased significantly from RMB 0.12 in 2022 to RMB 1.26 in 2023, reflecting a growth of 950%[42] User Growth and Engagement - Average monthly active users (MAUs) grew by 47.4% to 42.3 million in 2023, compared to 28.7 million in 2022[5] - The number of paid enterprise customers reached a historical high of 5.2 million, contributing to a 44.9% increase in cash collections[6] - Revenue from key accounts (KA clients) rose from RMB 1,033.6 million in 2022 to RMB 1,261.7 million in 2023, marking an increase of about 22.0%[38] Cost and Expenses - Research and development expenses increased by 30.5% to RMB 1,543.6 million in 2023, primarily due to higher employee-related costs and technology investments[14] - Marketing expenses remained stable at RMB 1,991.2 million in 2023, compared to RMB 2,000.9 million in 2022, with a reduction in advertising costs offset by increased employee-related expenses[13] - Operating costs rose by 40.4% to RMB 1,059.9 million in 2023, mainly due to increased server and bandwidth costs[12] Shareholder Returns - A new share repurchase plan was approved by the board, allowing the company to repurchase up to USD 200 million of shares over the next 12 months starting March 20, 2024[9] - The company repurchased a total of 1,765,456 American Depositary Shares for a total consideration of 0.09 per ordinary share, totaling approximately $79.2 million, which was fully paid in December 2023[49] Corporate Governance and Compliance - The audit committee reviewed the unaudited financial results for the year ended December 31, 2023, with no disagreements on accounting policies[27] - The company complied with all corporate governance codes during the reporting period, except for the separation of roles between the Chairman and CEO[24] Technology and Innovation - The company plans to enhance its technology infrastructure and optimize data analysis and deep learning capabilities to improve recommendation algorithms[9] - The company has developed a large model for generative AI services, which is the first of its kind in the recruitment industry to complete the filing under the "Interim Measures for the Management of Generative AI Services" in January 2024[9] Liabilities and Financial Position - The company has no significant contingent liabilities as of December 31, 2023[22] - The company has no major investment or capital asset future plans as of December 31, 2023[20] - The company does not use any derivative financial instruments to hedge foreign exchange risks but monitors currency risks regularly[21] Employee and Operational Metrics - The total number of employees as of December 31, 2023, was 5,346, with 49.3% in sales and marketing, 26.1% in R&D, 19.2% in operations, and 5.4% in general administration[23] - Customer advances increased to RMB 73,196 thousand in 2023 from RMB 58,630 thousand in 2022, showing a rise of 25%[48] Other Financial Metrics - The current income tax expense surged from RMB 427 thousand in 2022 to RMB 108,488 thousand in 2023, reflecting a significant increase of over 25,400%[41] - The amount payable for share repurchases was recorded at RMB 113,387 thousand in 2023, indicating a new liability category[48] - Other payables decreased significantly to RMB 17,832 thousand in 2023 from RMB 55,800 thousand in 2022, a decline of 68%[48]
BOSS直聘-W(02076) - 2023 - 年度业绩