JUTZE(SZ:300802)2024-04-22 00:06Financial Performance - Total operating revenue for 2023 was CNY 560,937,843.46, a decrease of 17.94% compared to CNY 683,546,993.15 in 2022[5] - The net profit attributable to shareholders for Q4 2023 was CNY 17,200,610.42, while the net profit for the entire year was not specified but showed fluctuations across quarters[2] - The revenue from machine vision equipment decreased by 28.15% to CNY 239,545,462.03, down from CNY 333,402,687.62 in 2022[5] - The company reported a significant drop in revenue from the agency sales model, which fell by 31.87% to CNY 150,724,143.55[5] - Q1 2023 revenue was $134.88 million, Q2 was $143.82 million, Q3 was $178.11 million, and Q4 was $104.13 million, showing a significant increase in Q3[12] - Net profit attributable to shareholders in Q3 2023 was $27.32 million, while Q4 saw a decrease to $17.20 million[12] - The net profit after deducting non-recurring gains and losses in Q4 2023 was -$12.03 million, indicating a challenging quarter[12] Cash Flow - The cash flow from operating activities for Q4 2023 reached CNY 58,776,744.56, indicating a strong cash generation capability in the last quarter[2] - The total cash flow from operating activities for the year was not explicitly stated but showed a positive trend in Q4, suggesting overall operational efficiency[2] - Operating cash flow in Q4 2023 reached $58.78 million, up from $33.43 million in Q3[12] Revenue Composition - Domestic revenue accounted for 67.76% of total revenue in 2023, down from 74.05% in 2022, reflecting a 24.91% decline in domestic sales[5] - The overseas revenue increased by 10.49% to CNY 171,977,436.87, compared to CNY 155,648,005.13 in 2022[5] Cost Structure - The direct material cost for machine vision equipment was CNY 86,474,437.95, representing 67.69% of its total cost, a decrease from 71.59% in 2022[7] - The direct labor cost for control units and devices decreased significantly by 57.79% to CNY 2,911,152.07, indicating a shift in cost structure[7] Commitment to Improvement - The company expressed commitment to improving the quality of information disclosure to avoid similar issues in the future[12]