Financial Performance - For the year ended December 31, 2023, the company's revenue was RMB 70,377,000, a decrease of 17.2% compared to RMB 84,949,000 in 2022[4] - The gross profit for the year was RMB 14,574,000, representing a gross margin of 20.8%, an increase from RMB 12,700,000 in the previous year[4] - The company reported a loss before tax of RMB 8,264,000, significantly improved from a loss of RMB 18,381,000 in 2022[4] - Basic and diluted loss per share for the year was RMB 0.63, compared to RMB 1.40 in the previous year, indicating a reduction in loss per share[4] - The company’s revenue from hardware product sales was RMB 422,000, a decrease from RMB 2,974,000 in the previous year, indicating a decline of approximately 85.8%[20] - The company recognized a loss of RMB 4,819,000 from its segments for the year ended December 31, 2023, compared to a loss of RMB 8,378,000 in 2022[31] - The company recorded a loss of approximately RMB 8,264,000 for the year ended December 31, 2023, a reduction of 55% compared to a loss of RMB 18,381,000 in 2022[53][61] Revenue Breakdown - Total revenue for the year ended December 31, 2023, was RMB 70,377,000, a decrease from RMB 84,949,000 in the previous year, representing a decline of approximately 17.2%[20] - Software product sales amounted to RMB 2,866,000, down from RMB 4,395,000 in the previous year, reflecting a decrease of about 34.7%[20] - Technical support service revenue was RMB 67,089,000, which accounted for 95.4% of total revenue, compared to RMB 77,580,000 in the previous year[20] - The company provided outsourced financial services to banking clients, generating RMB 54,769,000 in revenue, and developed, installed, and maintained payment software services, contributing RMB 12,320,000[20] - Software product sales revenue for the year ended December 31, 2023, was RMB 2,866,000, while hardware product sales revenue was RMB 422,000, contributing to total sales revenue of RMB 70,377,000[31] Assets and Liabilities - Total assets decreased to RMB 61,549,000 from RMB 86,047,000 in 2022, reflecting a decline of 28.4%[6] - Current liabilities were reduced to RMB 12,751,000 from RMB 31,571,000, a decrease of 59.5%[6] - The total equity of the company decreased to RMB 31,190,000 from RMB 39,454,000, a decline of 21.0%[8] - The company’s cash and cash equivalents decreased to RMB 35,107,000 from RMB 54,896,000, a drop of 36.2%[6] - Accounts receivable decreased from RMB 30,147,000 in 2022 to RMB 24,204,000 in 2023, reflecting a reduction in trade receivables[10] - Accounts payable decreased from RMB 12,625,000 in 2022 to RMB 10,109,000 in 2023, indicating improved cash flow management[47] - Total borrowings as of December 31, 2023, were approximately RMB 26,919,000, down 37.1% from RMB 42,785,000 in 2022, primarily due to reduced bank loans[64] Cash Flow and Financial Ratios - The net cash outflow for the year was approximately RMB 19,789,000, compared to a net cash inflow of RMB 9,920,000 in 2022[65] - The current ratio as of December 31, 2023, was approximately 4.8 times, up from 2.7 times in 2022[65] - The debt-to-asset ratio as of December 31, 2023, was approximately 55.7%, down from 58.8% in 2022, indicating an improvement in financial stability[69] Employee and Operational Costs - The company reported a total employee cost of RMB 61,375,000 for the year ended December 31, 2023, down from RMB 80,279,000 in 2022[40] - Employee costs for the year were approximately RMB 61,375,000, down from RMB 80,279,000 in 2022, reflecting a reduction in workforce from 767 to 622 employees[74] - Depreciation of property, plant, and equipment for the year ended December 31, 2023, was RMB 830,000, compared to RMB 987,000 in 2022[33] - The financing costs for the year ended December 31, 2023, were RMB 1,124,000, slightly higher than RMB 1,113,000 in 2022[38] Corporate Governance and Compliance - The company has no direct controlling shareholder following the resignation of the former chairman and executive director, Mr. Xiong Rongli, in November 2022[12] - The company confirmed compliance with GEM listing rules regarding public float as of the announcement date[88] - The company has adhered to corporate governance principles and codes, with a focus on internal controls and fair disclosure, except for deviations noted in the corporate governance report[90] - There were no known violations of the securities trading code by directors during the fiscal year ending December 31, 2023[91] - Deloitte has agreed that the preliminary financial data aligns with the audited financial statements for the year ending December 31, 2023[92] - The audited financial statements were reviewed by the Audit and Risk Management Committee before being submitted to the board for approval[94] Future Outlook and Strategy - The company plans to enhance its payment products and deepen customer cooperation in the fintech sector, leveraging opportunities from the promotion of digital currency and big data applications[55] - The company has optimized its operational structure to improve profitability, including terminating underperforming contracts and focusing on high-margin business clients[53] - The company aims to create value for users by innovating and enhancing service offerings in collaboration with financial clients[55]
新利软件(08076) - 2023 - 年度业绩