Financial Performance - For the fiscal year ending December 31, 2023, the company reported interest income of RMB 52.218 million, a slight increase of 0.6% compared to RMB 51.909 million in 2022[26]. - The net loss attributable to the owners of the parent company for the year was RMB 8.233 million, representing a 14.4% improvement from a loss of RMB 9.622 million in the previous year[26]. - Basic loss per share improved to RMB (0.01) from RMB (0.02), reflecting a 14.4% reduction in losses[26]. - Total comprehensive loss for 2023 was RMB 8,464,552, down from RMB 9,785,003 in 2022, showing a decrease of about 13.4%[32]. - The company reported a pre-tax loss of RMB 10,392,317 for 2023, compared to a loss of RMB 11,281,738 in 2022, indicating an improvement of about 7.9%[41]. - The annual loss attributable to equity holders of the parent company decreased to RMB 8,232,972 in 2023 from RMB 9,621,937 in 2022, representing a reduction of approximately 14.4%[29]. - Total sales cost for the year ended December 31, 2023, was RMB 14,825, compared to RMB 278,329 in 2022, indicating a significant reduction[177]. - Revenue from sales of goods and commissions increased significantly to RMB 1,117,846, up from RMB 594,438, marking a growth of approximately 88.1%[191]. Assets and Liabilities - Total assets decreased by 1.2% to RMB 886.918 million from RMB 897.809 million in 2022[26]. - Net assets decreased by 1.0% to RMB 871.726 million compared to RMB 880.191 million in the previous year[26]. - The company's receivables decreased by 0.5% to RMB 872.746 million from RMB 876.876 million in 2022[26]. - The company's equity attributable to owners of the parent decreased by 0.9% to RMB 869.767 million from RMB 878.104 million in the previous year[26]. - The total liabilities for the company amounted to RMB 15.191 million, down from RMB 17.618 million in the previous year[13]. - The company maintains a registered capital of RMB 600 million, unchanged from the previous year[26]. Cash Flow and Expenses - The company recorded a significant reduction in administrative expenses, which fell to RMB 10,117,686 in 2023 from RMB 12,384,225 in 2022, a decrease of approximately 18.3%[29]. - The net cash used in operating activities for 2023 was RMB 2,454,519, compared to RMB 84,755,935 in 2022, indicating a significant improvement in cash flow management[41]. - Employee costs for the year were RMB 3,182,478, a decrease from RMB 4,746,005, reflecting a reduction of approximately 32.9%[190]. - Total compensation for the highest-paid individuals amounted to RMB 1,204,063, a decrease from RMB 1,293,839 in the previous year, reflecting a reduction of approximately 6.9%[9][10]. Income and Gains - Other income and gains for 2023 amounted to RMB 1,786,003, down from RMB 3,341,565 in 2022, reflecting a decline of about 46.4%[29]. - The company recorded a total of RMB 680,290 in interest income from impaired loans, down from RMB 723,639, indicating a decline of about 6.0%[189]. - The total amount of tax benefits recorded was subject to uncertainties due to the interpretation of tax regulations, which may lead to adjustments in future tax liabilities[188]. Accounting Policies and Financial Reporting - The consolidated financial statements include the company and its subsidiaries as of December 31, 2023[43]. - The group has confirmed deferred tax assets related to all deductible temporary differences associated with lease liabilities, with no impact from the revisions on the financial statements[49]. - The group’s accounting policies are consistent with the revised standards, resulting in no significant impact on the financial statements[48]. - The group recognizes revenue from the sale of goods and service fees in accordance with applicable accounting policies, with amounts recorded as deferred income when related to assets[62]. - The company recognizes interest income on loans using the effective interest method, discounting future cash flows to measure impairment losses[90]. - The company assesses impairment losses based on the present value of expected future cash flows[161]. - The company’s accounting policies require significant judgments and estimates that may lead to substantial adjustments in asset or liability values in the future[161]. Impairment and Goodwill - The company reported a provision for impairment losses of RMB 51,611,534 in 2023, slightly down from RMB 51,565,498 in 2022, showing a marginal decrease of about 0.09%[41]. - As of December 31, 2023, the carrying amount of goodwill was zero, down from RMB 2,059,114 in 2022[171]. - The group assesses goodwill impairment by evaluating the recoverable amount of cash-generating units, confirming impairment losses when the recoverable amount is less than the carrying amount[73]. - The group confirms that any impairment losses recognized for goodwill cannot be reversed in subsequent periods[73]. Dividends and Shareholder Information - The company did not propose a final dividend for the year[26]. - Dividends are recognized as liabilities when approved and declared by shareholders[158].
泰和小贷(01915) - 2023 - 年度业绩