Everyday Network (SZ:300295)2023-04-20 16:00Financial Performance - The company's total revenue for 2022 was ¥158,542,705.01, a decrease of 42.01% compared to ¥273,412,807.33 in 2021[20]. - The net profit attributable to shareholders was ¥5,994,789.71, down 77.82% from ¥27,025,102.06 in the previous year[20]. - The basic earnings per share decreased to ¥0.03, a decline of 78.57% from ¥0.14 in 2021[20]. - The total assets at the end of 2022 were ¥1,682,544,552.93, a decrease of 5.95% from ¥1,788,934,445.70 at the end of 2021[20]. - The company reported a quarterly revenue of ¥66,146,099.34 in Q3 2022, with a net profit of -¥1,635,688.93 for the same quarter[23]. - The net profit excluding non-recurring gains and losses was ¥13,286,537.09, showing a 134.34% increase from -¥38,695,057.23 in 2021[20]. - In 2022, the company's total revenue was 24,920.39 million yuan, a decrease of 31.26% compared to the previous year[49]. - The net profit attributable to shareholders was 5.99 million yuan, down 77.82% year-on-year[49]. - The main business revenue from real estate network marketing services was 146.46 million yuan, accounting for 59.53% of total revenue, a decline of 42.50% year-on-year[50]. - The internet financial and platform service business generated 90.66 million yuan, representing 36.85% of total revenue, with a slight increase of 1.44% year-on-year[50]. Cash Flow and Investments - The cash flow from operating activities showed a significant increase to ¥334,843,187.67, up 1,985.47% from ¥16,055,995.19 in 2021[20]. - Operating cash inflow decreased by 31.92% year-on-year to ¥469,439,923.77, primarily due to a decline in main business revenue and lower recovery of deposits[66]. - Operating cash outflow saw a substantial decrease of 80.01% year-on-year, totaling ¥134,596,736.10, mainly due to increased loan recoveries by subsidiaries[66]. - The net cash flow from operating activities surged by 1,985.47% year-on-year, reaching ¥334,843,187.67, influenced by the changes in cash inflows and outflows[65]. - Investment cash inflow dropped by 56.20% year-on-year to ¥1,907,622,451.37, attributed to reduced frequency and total amount of financial product purchases[65]. - The company's total investment during the reporting period reached ¥159,385,046.34, representing a significant increase of 198.70% compared to the previous year's investment of ¥53,360,000.00[78]. Market Conditions and Risks - The company emphasizes the risk of fluctuations in the real estate market and intensified market competition[3]. - The real estate market in China saw a 24.3% decline in sales area, with total sales amounting to ¥133,308 billion, down 26.7%[34]. - The digital marketing market in China is expected to grow at an annual rate exceeding 20%, with a market size projected to surpass ¥1.2 trillion in 2022[37]. - The company faces risks from market fluctuations in the real estate sector, which may impact confidence and credit risks among developers[90]. - The financial services business may be limited by regulatory changes, with a focus on exploring new channels within compliance[92]. Corporate Governance and Management - The company has established a governance structure compliant with relevant laws and regulations, ensuring proper decision-making processes[96]. - The board of directors consists of 5 members, including 2 independent directors, complying with legal and regulatory requirements[99]. - The company has established a performance evaluation and incentive mechanism for senior management, linking their compensation directly to performance[101]. - The audit committee under the board is responsible for internal and external audit communication and supervision, ensuring the authenticity and completeness of financial information[102]. - The company maintains independence from its major shareholders, with no interference in decision-making or operational activities[106]. - The company has a strategic committee, audit committee, and compensation committee, all led by independent directors, providing professional opinions for board decisions[99]. Employee and Social Responsibility - Employee compensation accounted for 68.87% of operating costs, totaling ¥9,098,074.77 in 2022, a slight decrease from 69.39% in 2021[55]. - The company conducted 18 specialized training sessions during the reporting period, focusing on "data operations" and "user engagement" to enhance team capabilities[132]. - Employee rights are prioritized, with a focus on training and development opportunities, as well as a supportive corporate culture[147]. - The company actively engages in social responsibility initiatives, including tax compliance and charitable activities[148]. - No significant environmental issues were reported, and the company is not classified as a key pollutant unit[143]. Financial Reporting and Compliance - The audit report indicates a standard unqualified opinion on the financial statements for the year ended December 31, 2022, reflecting the company's financial position and operating results accurately[200]. - The financial statements were prepared in accordance with the accounting standards for enterprises, ensuring fair representation of the company's financial status[200]. - The company has established a robust internal control system to ensure the accuracy of financial reporting and manage operational risks[137]. - The internal control audit report confirmed that the company maintained effective financial reporting internal controls as of December 31, 2022[141]. - The company emphasized compliance management and did not experience any major legal violations during the reporting period[144]. Shareholder Information - The first major shareholder, Hu Guanghui, holds 15.05% of the shares, while the second major shareholder, Jiang Ning, holds 1.96%[188]. - The total number of ordinary shareholders at the end of the reporting period is 24,822, with 23,621 shareholders holding shares as of the end of January[188]. - The company does not have a controlling shareholder, as the largest shareholder's stake is below the regulatory threshold for control[191]. - The company has maintained its governance structure without a controlling shareholder since September 2018[192]. - The company has not reported any high-risk entrusted financial management situations during the reporting period[175].