Financial Performance - For the year ended December 31, 2023, the Group's loss attributable to owners was RMB7.5 million, a significant improvement from a loss of RMB54.3 million in 2022, representing a reduction of approximately 86.2%[3] - Total revenue increased by 46.9% from RMB51.3 million in 2022 to RMB75.3 million in 2023, driven by growth in new media services and cross-border e-commerce[10] - The basic loss per share for 2023 was RMB0.003, compared to RMB0.024 in 2022, indicating improved financial performance[3] - Loss before income tax for 2023 was RMB 7.5 million, a significant improvement from a loss of RMB 53.5 million in 2022, representing an 85.9% decrease[28] - The adjusted net loss for 2023 was RMB 7.0 million, down from RMB 53.5 million in 2022, indicating a reduction of approximately 87.9%[50] - The loss attributable to the owners of the Company decreased to RMB 7,522 thousand in 2023 from RMB 54,282 thousand in 2022, representing a reduction of approximately 86.1%[128] - Basic and diluted loss per share for 2023 was RMB (0.003), a decrease of 87.5% from RMB (0.024) in 2022[28] Revenue and Growth - Total revenue for the year ended December 31, 2023, was approximately RMB 75.3 million, representing an increase of approximately 46.9% compared to 2022[30] - The increase in total revenue was mainly due to significant growth in interactive marketing services income and the introduction of overseas advertisement placement business[31] - Online advertising services revenue increased to RMB 75,273,000 in 2023 from RMB 50,644,000 in 2022, representing a growth of 48.8%[113] - Revenue from two major customers accounted for over 10% of total revenues, totaling RMB 61,544,000 in 2023, up from RMB 31,459,000 in 2022[115] Expenses and Costs - Cost of sales was approximately RMB 54.0 million in 2023, representing an increase of approximately 55.8% compared to 2022[33] - Selling and distribution expenses were RMB 9.9 million for 2023, representing an increase of 8.0% compared to 2022[35] - Administrative expenses were RMB 24.2 million for 2023, representing a decrease of 45.8% compared to 2022[40] - Fair value gain on financial assets at fair value through profit or loss amounted to approximately RMB 3.2 million in 2023, compared to a loss of approximately RMB 11.1 million in 2022[41] Assets and Liabilities - Total equity decreased by approximately 10.8% to RMB 57.6 million as of December 31, 2023, compared to RMB 64.6 million in 2022, primarily due to operating losses[53] - Net current assets fell by approximately 12.2% to RMB 48.0 million as of December 31, 2023, down from RMB 54.7 million in 2022, attributed to decreases in cash and trade receivables[54] - Cash at banks and on hand decreased by 7.6% to RMB 38.2 million as of December 31, 2023, compared to RMB 41.3 million in 2022, mainly due to payments related to operating activities[59] - Non-current assets decreased to RMB 9.574 million in 2023 from RMB 9.959 million in 2022, a reduction of 3.9%[79] - Current assets decreased to RMB 58.903 million in 2023 from RMB 66.030 million in 2022, a decline of 10.8%[79] - Trade receivables dropped significantly from RMB 8.383 million in 2022 to RMB 1.843 million in 2023, a decrease of 78.1%[79] - Total equity attributable to owners of the Company decreased to RMB 57.572 million in 2023 from RMB 64.642 million in 2022, a reduction of 10.9%[81] Corporate Governance and Compliance - The company has complied with all applicable corporate governance code provisions except for the separation of the roles of chairman and CEO[167] - The audit committee consists of three independent non-executive directors, ensuring oversight of financial reporting and internal controls[174] - The company's auditors have agreed on the figures in the consolidated financial statements for the year ended December 31, 2023[179] - The company is committed to high standards of corporate governance to safeguard shareholder interests and enhance corporate value[167] Future Outlook and Strategy - The outlook for 2024 includes a commitment to providing efficient sales and promotions for brand clients and enhancing the shopping experience for consumers[17] - The company plans to enhance service quality and create competitive technical services, focusing on diverse product categories and engaging content to attract and retain users[21] - The Group aims to improve supply chain management and explore diversified cooperation with third parties to provide high-quality and cost-effective products[22] - The company will continue to build and expand its talent pipeline, optimizing its organizational structure to create a learning and service-oriented team[23] Shareholder Information - The 2024 annual general meeting is scheduled for June 20, 2024, with a notice to be published in April 2024[160] - The annual report for the year ended December 31, 2023, will be dispatched to shareholders in April 2024[180] - The annual report for the year ending December 31, 2023, will be sent to shareholders in April 2024 and published on the company's website[182]
豆盟科技(01917) - 2023 - 年度业绩