Newtouch(SH:688590)2024-04-29 09:41Financial Performance - The company achieved total operating revenue of CNY 1,682,692,866.75 in 2023, representing a year-on-year increase of 27.92%[21]. - The net profit attributable to shareholders of the listed company was CNY 68,615,164.59, marking a turnaround from a loss in the previous year[21]. - The net cash flow from operating activities increased to CNY 85,943,227.17, a significant improvement compared to the previous year's negative cash flow[21][24]. - Basic earnings per share rose to CNY 0.29, compared to a loss of CNY 0.22 in 2022[22]. - The company's total assets reached CNY 2,699,689,831.86 at the end of 2023, up 13.42% from the previous year[21]. - The company achieved total revenue of 1.683 billion yuan, a year-on-year increase of 27.92%[34]. - The net profit attributable to shareholders was 68.6152 million yuan, with a net profit of 101.8887 million yuan after excluding convertible bond interest[34]. - The gross profit margin for the main business was 26.23%, an increase of 6.21 percentage points compared to the previous year, with the IT solutions business gross margin recovering to 29.29%[45]. - The company reported a revenue increase of 6.21 percentage points in its overall gross margin compared to the previous year[117]. Research and Development - Research and development expenses accounted for 10.43% of operating revenue, a decrease of 1.42 percentage points from the previous year[23]. - The company's R&D investment reached 175.55 million yuan in 2023, a year-on-year increase of 12.65%, with a total of 834 R&D personnel, up 8.31%[41]. - The company submitted 37 patent applications in 2023, including 19 invention patents, and was granted 2 invention patents and 18 software copyrights[41]. - The company developed the "Newtouch IDWM Data Model" which integrates with domestic property and life insurance business applications, significantly reducing implementation costs and enhancing data system autonomy for financial institutions[80]. - The company's core technologies are all self-developed and have obtained corresponding software copyrights, providing comprehensive technical support for IT solutions offered to clients[78]. Strategic Investments and Acquisitions - The company made strategic investments totaling 18.30 million yuan to acquire 100% of Chongqing Shunli Technology Co., enhancing its competitive strength in the southwest region[46]. - A strategic investment of 29.22 million yuan was made to acquire 51% of Shanghai Mugao Network Technology Co., focusing on IT infrastructure solutions[47]. - The company also invested 10.20 million yuan to acquire 51% of Shanghai Qiongchuang Information Technology Co., targeting digital and intelligent upgrades for retail enterprises[48]. - The company reported an investment amount of ¥156,254,711.85 for the reporting period, representing a 41.46% increase compared to ¥110,461,783.90 in the same period last year[143]. Market Expansion and Future Plans - The company plans to continue focusing on market expansion and enhancing operational efficiency in the upcoming year[24]. - The company plans to explore the market potential of small and medium-sized financial institutions to enhance its revenue growth and risk resilience[110]. - The company aims to enhance revenue from SaaS, traffic, and computing power in 2024, with a focus on increasing market share among major clients in the financial sector[154]. - The company plans to strengthen its brand position and market competitiveness by promoting comprehensive solutions to all clients in the industry[154]. - The company plans to enhance its customer service platform, aiming for a 40% improvement in response times[171]. Governance and Compliance - The company has not reported any non-operating fund occupation by controlling shareholders or related parties[7]. - The company has not violated decision-making procedures for providing guarantees[7]. - The company has maintained a standard unqualified audit report from the accounting firm[5]. - The company has not reported any governance special arrangements or important matters[7]. - The company has not faced any penalties from securities regulatory agencies in the past three years[178]. Employee and Management - The company employed a total of 6,406 staff, with 4,304 in the parent company and 2,102 in major subsidiaries[187]. - The workforce includes 5,094 production personnel, 253 sales personnel, 834 technical staff, and 225 administrative staff[188]. - The total pre-tax remuneration for all key personnel in the reporting period amounts to 869.73 million CNY[166]. - The company has implemented a long-term incentive mechanism to align employee interests with shareholder value through stock option plans[189]. - The company encourages middle management to conduct quarterly training sessions, integrating this into their annual performance evaluations[190]. Dividend Policy - The company plans to distribute a cash dividend of 0.80 yuan per 10 shares (including tax) for the 2023 fiscal year[5]. - The company has established a cash dividend policy that protects the rights of minority investors and complies with relevant regulations[192]. - The structured decision-making process for profit distribution ensures clarity and transparency in the dividend policy[192]. - The company does not plan to increase capital reserves or issue bonus shares in the current profit distribution proposal[191].