Financial Performance - For the year ended December 31, 2023, the company's revenue was approximately RMB 120,205,000, an increase of about 15.8% compared to approximately RMB 103,767,000 for the year ended December 31, 2022[2]. - The loss attributable to owners of the company for the year ended December 31, 2023, was approximately RMB 47,155,000, compared to a loss of approximately RMB 11,929,000 for the year ended December 31, 2022[2]. - Basic loss per share for the year ended December 31, 2023, was approximately RMB 7.05, compared to RMB 1.85 for the year ended December 31, 2022[2]. - The company reported a gross profit of RMB 55,145,000 for the year ended December 31, 2023, compared to RMB 48,052,000 for the year ended December 31, 2022[3]. - The group reported a net impairment loss of RMB 602 thousand for contract assets in 2023, compared to RMB 215 thousand in 2022[35]. - The company reported a loss attributable to equity holders of RMB 47,155,000, compared to a loss of RMB 11,929,000 in the previous year[28]. Revenue Breakdown - Revenue from mainland China increased to RMB 119,223,000 in 2023, up from RMB 102,483,000 in 2022, representing a growth of approximately 16.3%[11]. - Revenue from software development services surged to RMB 50,974,000 in 2023, a significant rise from RMB 27,714,000 in 2022, reflecting an increase of approximately 83.7%[15]. - The company generated approximately RMB 100,790,000 in revenue from a major state-owned telecommunications operator in 2023, up from RMB 71,691,000 in 2022, which is an increase of around 40.6%[13]. - The embedded hardware and standard APM software sales revenue decreased by approximately 68.4% to about RMB 5.5 million for the year ended December 31, 2023, due to a shift towards comprehensive system integration solutions[49]. - The overall APM system solution revenue rose by approximately 4.1% to about RMB 48.7 million for the year ended December 31, 2023, reflecting a recovery in operations post-COVID-19[46]. Assets and Liabilities - The total non-current assets as of December 31, 2023, amounted to RMB 33,528,000, an increase from RMB 16,049,000 as of December 31, 2022[4]. - Current assets as of December 31, 2023, totaled RMB 256,329,000, down from RMB 313,323,000 as of December 31, 2022[4]. - The company's total liabilities as of December 31, 2023, were RMB 14,510,000, compared to RMB 40,000,000 as of December 31, 2022[5]. - Trade receivables decreased to RMB 12,844,000 from RMB 25,862,000, a decline of 50.3%[28]. - The total contract assets amounted to RMB 101,296 thousand as of December 31, 2023, with a decrease from RMB 103,227 thousand in 2022[34]. Expenses and Costs - Cost of goods sold decreased significantly to RMB 2,430,000 from RMB 10,238,000, a reduction of 76.2%[21]. - Research and development expenses for the year amounted to RMB 38,922,000, up from RMB 36,592,000, reflecting a growth of 6.4%[21]. - Sales and distribution expenses increased by approximately 105.6% from about RMB 14.2 million in 2022 to approximately RMB 29.2 million in 2023, driven by increased marketing efforts in post-COVID-19 China and expansion into new business markets related to CBDC[52]. - Administrative expenses increased by approximately 78.2% from about RMB 24.3 million in 2022 to approximately RMB 43.3 million in 2023, attributed to further business development in software and technology services[54]. Strategic Focus and Development - The company is focusing on developing a Central Bank Digital Currency (CBDC) network system and providing Application Performance Management (APM) products and services to telecom operators and large enterprises in China[6]. - The group is actively engaging with local ministries, central banks, and financial institutions to establish cooperative relationships for CBDC projects[39]. - The company plans to develop CBDC solutions, including distributed ledger technology and digital identity verification, to enhance its digital financial services globally[43]. - The company aims to leverage the digital economy's growth and the ongoing digital transformation across various sectors to capture new opportunities[44]. Compliance and Governance - The company has adopted new and revised Hong Kong Financial Reporting Standards for the current financial year[8]. - The audit committee, consisting of independent non-executive directors, reviewed the group's financial performance for the year ending December 31, 2023, ensuring compliance with applicable accounting standards and regulations[73]. - Ernst & Young has verified the financial statements for the year ending December 31, 2023, ensuring consistency with the preliminary financial report[74]. - The board composition reflects a commitment to governance and oversight, which is essential for strategic decision-making[74]. Dividends and Equity - The company did not recommend the payment of a final dividend for the year ended December 31, 2023, consistent with the previous year[2]. - As of December 31, 2023, the total equity of the company was approximately RMB 242.6 million, down from about RMB 289.8 million as of December 31, 2022[59]. - The company did not declare or pay any dividends during the year, consistent with the previous year[27].
国际商业数字技术(01782) - 2023 - 年度业绩