Financial Performance - The total revenue for the year ended December 31, 2023, was RMB 355,675,000, representing an increase of 18.06% compared to RMB 301,113,000 in 2022[2]. - The gross profit for 2023 was RMB 87,038,000, up from RMB 75,058,000 in 2022, indicating a gross margin improvement[2]. - The operating loss for 2023 was RMB 12,288,000, compared to an operating loss of RMB 6,308,000 in the previous year, reflecting increased operational challenges[4]. - The net loss for the year was RMB 18,612,000, compared to a net loss of RMB 14,611,000 in 2022, showing a worsening financial performance[4]. - The company reported a basic and diluted loss per share of RMB 1.68 for 2023, compared to RMB 1.31 in 2022, reflecting increased losses on a per-share basis[4]. - The total operating expenses for the year were RMB 93,767,000, slightly down from RMB 95,665,000 in 2022, indicating cost control efforts[2]. - Total other income for 2023 was RMB 17,140,000, a decrease of 20.5% from RMB 21,634,000 in 2022[34]. - The total tax expense for 2023 was RMB 3,758,000, slightly up from RMB 3,685,000 in 2022[40]. - The group reported a basic loss per share of RMB 23,932,000 for 2023, compared to RMB 15,140,000 in 2022, indicating a worsening of performance[41]. - Loss attributable to equity holders increased from approximately RMB 15.1 million in 2022 to approximately RMB 23.9 million in 2023[72]. Assets and Liabilities - Total assets decreased to RMB 411,646,000 in 2023 from RMB 405,237,000 in 2022, indicating a slight decline in asset management[6]. - The company’s total assets as of December 31, 2023, were RMB 452,483,000, compared to RMB 498,029,000 in 2022[27]. - The company’s total liabilities as of December 31, 2023, were RMB 41,403,000, compared to RMB 99,031,000 in the previous year[27]. - The carrying amount of investment properties as of December 31, 2023, is RMB 32,482,000, down from RMB 36,242,000 in 2022[49]. - The total cost of properties, plants, and equipment as of December 31, 2023, is RMB 448,136,000, compared to RMB 442,061,000 in 2022[51]. - The group’s bank balances and cash totaled approximately RMB 49.5 million as of December 31, 2023, an increase of about RMB 1.9 million compared to December 31, 2022[91]. Revenue Breakdown - Revenue from wigs was RMB 42,096,000, up 27% from RMB 33,205,000 in the previous year[32]. - Revenue from clothing and other products decreased to RMB 229,555,000, down 8% from RMB 249,353,000 in 2022[32]. - Revenue from cleaning and personal care products surged to RMB 84,024,000, a significant increase from RMB 18,555,000 in 2022[32]. - CMS business generated revenue of RMB 208,646,000, accounting for 58.7% of total revenue, while OBM business revenue was RMB 147,029,000, making up 41.3%[68]. - Revenue from CMS business rose from approximately RMB 195.0 million in 2022 to approximately RMB 208.6 million in 2023, an increase of about 7.0%[75]. - Revenue from OBM business increased from approximately RMB 106.1 million in 2022 to approximately RMB 147.0 million in 2023, a growth of approximately 38.6%[76]. Operational Efficiency and Strategy - The company plans to focus on market expansion and new product development to drive future growth, although specific figures were not disclosed[2]. - The company has a strategy for market expansion and product development, focusing on various consumer segments[18]. - The company is actively seeking tenants for its rental properties to optimize asset utilization[71]. - The company plans to enhance operational efficiency and seek opportunities for acquisitions of intellectual property with growth potential to diversify its business and broaden revenue sources[109]. Employee and Costs - The group’s employee costs rose to RMB 86,595,000 in 2023, an increase of 11.5% from RMB 77,478,000 in 2022[37]. - The total employee cost for the year was approximately RMB 85.5 million, up from RMB 77.5 million in 2022, with the number of employees increasing to 671[98]. - Administrative and other operating expenses decreased from approximately RMB 95.7 million in 2022 to about RMB 93.8 million in 2023, primarily due to a reduction in depreciation and amortization expenses to approximately RMB 7.2 million[83]. Investment and Capital Expenditure - The company’s capital expenditure for the year was RMB 19,119,000, compared to RMB 56,349,000 in the previous year[23]. - The group invested approximately RMB 19.1 million in property, plant, and equipment for the year ended December 31, 2023[94]. Governance and Compliance - The company has fully complied with the corporate governance code as of December 31, 2023[111]. - The audit committee, established on August 7, 2015, is responsible for reviewing the company's financial reporting procedures and internal control systems[114]. - The preliminary announcement of the group's financial performance for the year ending December 31, 2023, has been reviewed and confirmed by the auditor, but no assurance has been provided[116]. - The annual performance announcement will be published on the stock exchange and the company's website, with the annual report containing all required information to be sent to shareholders[117]. - The board of directors includes two executive directors and three independent non-executive directors[119].
中国派对文化(01532) - 2023 - 年度业绩