ENJOYOR(SZ:300020)2023-04-25 16:00Financial Performance - The company's operating revenue for 2022 was ¥1,611,887,360.75, representing a decrease of 19.39% compared to ¥1,999,686,204.20 in 2021[26]. - The net profit attributable to shareholders for 2022 was ¥69,393,888.85, down 29.89% from ¥98,973,352.30 in the previous year[26]. - The net profit after deducting non-recurring gains and losses was ¥65,001,952.08, a decrease of 15.19% from ¥76,646,215.16 in 2021[26]. - The basic earnings per share for 2022 was ¥0.11, down 26.67% from ¥0.15 in 2021[26]. - The total assets at the end of 2022 were ¥6,564,708,565.83, a slight decrease of 0.37% from ¥6,589,119,675.96 at the end of 2021[26]. - The net cash flow from operating activities for 2022 was ¥90,024,870.60, a significant improvement compared to a negative cash flow of ¥260,368,904.13 in 2021, marking a 134.58% increase[26]. - The weighted average return on equity for 2022 was 2.00%, down from 2.85% in 2021[26]. - The company reported a total net asset of ¥3,496,319,592.02 at the end of 2022, an increase of 1.32% from ¥3,450,812,699.29 at the end of 2021[26]. - The total non-recurring gains and losses for 2022 were ¥4,391,936.77, significantly lower than ¥22,327,137.14 in 2021 and ¥21,133,204.15 in 2020[32]. - The company reported a significant increase in contract assets, which rose to ¥2,162,121,058.54, accounting for 32.94% of total assets, up from 26.87% in the previous year[97]. Revenue Breakdown - The revenue from the smart transportation segment was ¥744,853,149.41, accounting for 46.21% of total revenue, which represents a decline of 21.30% from the previous year[80]. - The smart healthcare segment generated ¥206,531,079.38, a significant drop of 40.77% compared to ¥348,720,270.92 in 2021[80]. - The company reported a 46.25% increase in comprehensive service revenue, reaching ¥39,225,057.86 in 2022[80]. - The company's total operating revenue for 2022 was approximately CNY 1.61 billion, a decrease of 19.39% compared to the same period last year[82]. - The gross profit margin for the information technology services sector was 26.40%, reflecting a slight increase of 0.76% year-on-year[82]. Strategic Initiatives - The company focuses on the "Urban Brain" initiative, which integrates big data, cloud computing, and AI to enhance urban management and governance[40]. - The "Urban Brain" system architecture includes one data foundation, one intelligent public data platform, multiple industry applications, and one comprehensive decision-making center[42]. - The company aims to empower smart city construction and services through its self-developed "Urban Brain" series products and industry solutions[42]. - The company is actively investing in R&D, focusing on the development of the Enloop big data platform to enhance data integration and governance capabilities[90]. - The company is developing a comprehensive urban traffic governance solution based on a "cloud-edge-end" technology system, enhancing its leadership in the intelligent transportation industry[91]. Market and Industry Trends - The software and information technology service industry in China achieved a total software business revenue of ¥1,081.26 billion in 2022, representing a year-on-year growth of 11.2%[38]. - The total profit of the software and information technology service industry reached ¥126.48 billion in 2022, with a year-on-year increase of 5.7%[38]. - The market for software and information technology services is expected to expand due to increasing demands for digital economy initiatives and smart city projects[37]. Governance and Compliance - The company has a governance structure that complies with relevant laws and regulations, with a board of directors consisting of 9 members, including 3 independent directors[127]. - The company emphasizes quality and risk management in its project execution, adopting a principle of "better to delay or abandon than to force" for high-risk projects[117]. - The company is committed to timely and accurate information disclosure, ensuring all shareholders have equal access to information[131]. - The company has established a dedicated team to monitor the progress of major projects and report to management regularly[117]. - The company actively fulfills its corporate social responsibilities while creating value for shareholders[179]. Employee and Talent Management - The company has a total of 633 employees, with 313 in technical roles and 239 in sales[163]. - The company is actively optimizing its talent structure and enhancing its employer brand to attract high-level talent for future growth[72]. - The company has a comprehensive annual training plan covering various professional skills and management knowledge[165]. - The number of R&D personnel increased to 253, with a slight rise in the proportion of R&D staff to 39.97% of total employees[95]. Future Outlook - The company provided a positive outlook for the next fiscal year, projecting a revenue growth of 25%[151]. - New product launches are expected to contribute an additional 300 million RMB in revenue in the upcoming year[151]. - The company aims to raise CNY 1 billion through a private placement to fund the "City Brain" solution development, smart hospital projects, and working capital[111]. - The company plans to focus on the "Yinjian City Brain" series products and services, aiming for deeper penetration in existing industries and clients to enhance profitability[107]. Risk Management - The company faces policy risks due to its reliance on government clients, which are influenced by macroeconomic conditions and government policies[114]. - The company has implemented measures to mitigate core personnel turnover risks, including talent management and incentive mechanisms[116]. - The company faces risks in its smart city business model due to large investment amounts, long project cycles, and potential delays caused by government changes or financial constraints[117]. - The company has established a performance evaluation and incentive mechanism to enhance employee motivation and ensure transparency in management practices[130].