Financial Performance - For the fiscal year ending December 31, 2024, the total revenue was RMB 192,477,000, a decrease of 19.3% compared to RMB 238,461,000 in 2023[4] - The profit before tax for 2024 was RMB 17,061,000, down 18.8% from RMB 21,002,000 in 2023[4] - The annual profit for 2024 was RMB 12,331,000, reflecting a decline of 23.1% from RMB 16,035,000 in 2023[4] - Gross profit for 2024 was RMB 66,980,000, compared to RMB 95,196,000 in 2023, indicating a significant drop[5] - Revenue for the year ended December 31, 2024, totaled RMB 192.477 million, a decrease from RMB 238.461 million in 2023, representing a decline of approximately 19.3%[25] - The gross profit for 2024 was RMB 66.980 million, down from RMB 95.196 million in 2023, indicating a decrease of about 29.6%[25] - Net profit attributable to the company for the year ended December 31, 2024, was RMB 12,139,000, down 24.5% from RMB 16,125,000 in 2023[32] - Basic earnings per share for the year ended December 31, 2024, was RMB 0.04, compared to RMB 0.05 in 2023, reflecting a decrease of 20%[32] - Net profit decreased by 23.1% from RMB 16.0 million in 2023 to RMB 12.3 million in 2024, with a net profit margin decline from 6.7% to 6.4%[59] Revenue Breakdown - Data services revenue for 2024 was RMB 69.925 million, slightly down from RMB 70.425 million in 2023, reflecting a decrease of approximately 0.7%[25] - Marketing services revenue decreased significantly from RMB 85.722 million in 2023 to RMB 71.862 million in 2024, a decline of about 16.2%[25] - The company reported a loss in gross profit for investment banking services amounting to RMB 1.747 million in 2024, compared to a profit of RMB 44,000 in 2023[25] - Marketing services gross profit decreased by 26.4% from RMB 42.5 million in 2023 to RMB 31.3 million in 2024, with a gross margin decline from 49.6% to 43.5%[50] - Training services gross profit fell by 70.3% from RMB 13.2 million in 2023 to RMB 3.9 million in 2024, with a gross margin decrease from 26.4% to 15.6%[53] Expenses and Costs - Employee compensation and benefits amounted to RMB 112.057 million in 2024, down from RMB 120.363 million in 2023, a reduction of approximately 6.5%[28] - Total expenses for the year ended December 31, 2024, were RMB 203.090 million, compared to RMB 233.204 million in 2023, indicating a decrease of about 12.9%[28] - Cost of revenue decreased by 12.4% from RMB 143.3 million in 2023 to RMB 125.5 million in 2024, mainly due to reduced venue and setup costs for offline activities[47] - General and administrative expenses decreased by 16.8% from RMB 54.1 million in 2023 to RMB 45.0 million in 2024[55] - Sales and marketing expenses decreased by 6.1% from RMB 18.1 million in 2023 to RMB 17.0 million in 2024[54] Assets and Liabilities - Total assets as of December 31, 2024, amounted to RMB 761,606,000, up from RMB 739,447,000 in 2023[13] - Total liabilities increased to RMB 182,624,000 in 2024 from RMB 171,697,000 in 2023[13] - The equity attributable to the owners of the company was RMB 579,556,000 in 2024, compared to RMB 568,111,000 in 2023[13] - The company reported a total of RMB 30,073,000 in accounts receivable as of December 31, 2024, down 26.5% from RMB 41,280,000 in 2023[37] - The company’s cash and cash equivalents decreased to RMB 70,254,000 in 2024 from RMB 103,682,000 in 2023, a decline of 32.3%[35] Research and Development - Research and development expenses increased to RMB 17,753,000 in 2024 from RMB 15,662,000 in 2023, representing a rise of 13.3%[5] - Research and development expenses decreased by 11.8% from RMB 17.8 million in 2023 to RMB 15.7 million in 2024[56] Corporate Governance and Compliance - The company has not adopted new or revised accounting standards that are expected to have a significant impact on its financial statements for the current or future reporting periods[22] - The company has complied with the corporate governance code, except for the separation of the roles of Chairman and CEO, which are held by the same individual[100] - The company will continue to review and monitor its corporate governance practices to ensure compliance with the corporate governance code[101] - The audit committee has reviewed the consolidated financial statements for the year ending December 31, 2024, and confirmed they are prepared in accordance with applicable accounting standards[103] Strategic Initiatives and Future Plans - The company continues to provide comprehensive equity investment services in China, including data services, marketing services, investment banking, and training services[14] - The company plans to continue seeking capital appreciation through investments, as indicated by the acquisition of the Zhi Da Fund[17] - The company aims to achieve diversified business growth by 2025, leveraging strong resource integration capabilities and technological empowerment[44] - The company is focused on building a more comprehensive venture capital ecosystem to provide efficient and precise services to entrepreneurs and investors[44] - The company plans to continue offering customized training services targeting institutional clients, especially government agencies and large enterprises[42] Shareholder Information - The company did not declare or pay any dividends for the year ended December 31, 2024, consistent with 2023[33] - The board has decided not to recommend any final dividend for the year ending December 31, 2024[95] - The 2025 Annual General Meeting is scheduled for May 22, 2025[96] - The annual report for the year ending December 31, 2024, will be distributed to shareholders and published on the company's website at an appropriate time[107] - The board expressed gratitude to all employees for their efforts, focus, loyalty, and integrity, as well as to shareholders, customers, banks, and other business partners for their trust and support[108]
清科创业(01945) - 2024 - 年度业绩