Financial Performance - For the fiscal year ending December 31, 2024, the company's revenue was approximately RMB 104,023,000, a decrease of about 13.5% compared to RMB 120,205,000 for the fiscal year ending December 31, 2023[2]. - The company reported a loss attributable to shareholders of approximately RMB 75,068,000 for the fiscal year ending December 31, 2024, compared to a loss of RMB 47,155,000 for the fiscal year ending December 31, 2023[3]. - Basic loss per share for the fiscal year ending December 31, 2024, was approximately RMB 9.85, compared to RMB 6.19 for the fiscal year ending December 31, 2023[2]. - Gross profit for the fiscal year ending December 31, 2024, was RMB 45,578,000, down from RMB 55,145,000 in the previous year[3]. - Total comprehensive loss for the fiscal year ending December 31, 2024, was RMB 75,510,000, compared to RMB 47,313,000 in the previous year[3]. - Revenue for 2024 is projected to be approximately RMB 77,465,000, compared to RMB 100,790,000 in 2023, indicating a decline[16]. - The total revenue from customer contracts for 2024 is RMB 104,023,000, down from RMB 120,205,000 in 2023, representing a decrease of about 13.4%[19]. - Other income for 2024 totals RMB 6,040,000, down from RMB 9,326,000 in 2023, indicating a decrease of about 35.5%[25]. - The company recorded a loss attributable to equity holders of approximately RMB 75.1 million for the year ending December 31, 2024, compared to a loss of approximately RMB 47.2 million for the year ending December 31, 2023[66]. Expenses and Costs - Research and development expenses for the fiscal year ending December 31, 2024, were RMB 32,288,000, compared to RMB 38,922,000 for the fiscal year ending December 31, 2023[3]. - Administrative expenses increased to RMB 55,756,000 for the fiscal year ending December 31, 2024, from RMB 43,304,000 in the previous year[3]. - The total service cost for 2024 is CNY 57,424,000, down from CNY 62,630,000 in 2023, reflecting a decrease of approximately 8.5%[26]. - Selling and distribution expenses are anticipated to decrease from approximately RMB 29.2 million for the year ending December 31, 2023, to approximately RMB 23.0 million for the year ending December 31, 2024, a reduction of about 21.2%[62]. - Research and development costs are expected to decline from approximately RMB 38.9 million for the year ending December 31, 2023, to approximately RMB 32.3 million for the year ending December 31, 2024, a decrease of about 17.0%[63]. - The total financing costs for 2024 are CNY 372,000, slightly up from CNY 367,000 in 2023[29]. Assets and Liabilities - Total assets increased to CNY 242.572 billion in 2024 from CNY 167.689 billion in 2023, representing a growth of approximately 44.5%[4]. - Current assets reached CNY 256.329 billion in 2024, up from CNY 192.110 billion in 2023, indicating an increase of about 33.5%[4]. - Net assets decreased to CNY 164.552 billion in 2024 from CNY 242.062 billion in 2023, reflecting a decline of approximately 32.1%[5]. - Total liabilities decreased to CNY 41.119 billion in 2024 from CNY 47.285 billion in 2023, showing a reduction of about 13.5%[4]. - The company’s total non-current liabilities were CNY 3,137 million in 2024, a significant increase from CNY 510 million in 2023, indicating a rise of approximately 516.5%[5]. - The company’s total current liabilities were CNY 41,119 million in 2024, down from CNY 47,285 million in 2023, representing a decrease of about 13.5%[4]. Revenue Breakdown - The revenue from integrated APM system solutions is RMB 38,426,000 for 2024, down from RMB 48,723,000 in 2023, a decline of approximately 21.5%[19]. - The revenue from software services is RMB 41,947,000 for 2024, compared to RMB 50,974,000 in 2023, reflecting a decrease of around 17.7%[19]. - The revenue from technical services increased to RMB 21,190,000 in 2024 from RMB 15,031,000 in 2023, marking a growth of approximately 41.1%[19]. - Revenue from the integrated APM system solutions decreased by approximately RMB 10.3 million, while revenue from software development services decreased by approximately RMB 9.0 million[54]. - Revenue from embedded hardware and standard APM software is expected to decrease from approximately RMB 5.5 million for the year ending December 31, 2023, to approximately RMB 2.5 million for the year ending December 31, 2024, a reduction of about 54.5%[59]. Business Segments - The company operates in two main business segments: Central Bank Digital Currency (CBDC) and Application Performance Management (APM) solutions for telecom operators and large enterprises[7]. - The CBDC business aims to provide an integrated system including software development services, technical services, and hardware sales[7]. - For the APM segment, the company offers comprehensive APM system solutions, software development services, technical services, and sales of embedded hardware and standard APM software[7]. - The company is focused on expanding its CBDC business and enhancing its APM solutions to capture more market share in China[7]. Future Outlook - The company anticipates a continued focus on expanding its integrated APM system solutions and software development services in the upcoming year[20]. - The company plans to expand its CBDC products and services globally, aiming to provide better digital financial services to local users[48]. - The company is actively exploring opportunities to convert discussions with local financial institutions into revenue-generating collaborations[48]. - The company’s strategy focuses on leveraging its technological advantages to explore new growth areas while maintaining its existing business[47]. Corporate Governance - The board of directors does not recommend the payment of a final dividend for the fiscal year ending December 31, 2024, consistent with the previous year[2]. - The company has implemented a stock option plan since November 21, 2016, to incentivize and reward eligible individuals for their contributions to the group[82]. - The board believes that having the same individual serve as both Chairman and CEO ensures consistency in the company's leadership direction[91]. - The audit committee was established on November 21, 2016, and includes independent non-executive directors[95]. - Ernst & Young confirmed that the financial statements for the year ending December 31, 2024, are consistent with the preliminary financial report[97].
国际商业数字技术(01782) - 2024 - 年度业绩