BEYONDSOFT(002649)2024-08-30 11:29Financial Performance - In the first half of 2024, the company achieved a revenue of CNY 3.367 billion, representing a year-on-year growth of 4.76% [3] - The overall gross profit margin remained stable at 24.18% [3] - The net profit attributable to shareholders was CNY 75 million, a decline of 45.85% year-on-year [4] - The company signed new business contracts totaling CNY 230 million in the first half of the year [4] Revenue Breakdown By Product - Revenue from product and solution services was CNY 779 million, down 5.83%, accounting for 23.13% of total revenue [4] - Revenue from R&D engineering services grew to CNY 2.012 billion, up 9.66%, representing 59.76% of total revenue [4] - Revenue from IT operation and maintenance services reached CNY 559 million, an increase of 4.97%, accounting for 16.61% of total revenue [4] By Industry - Financial services revenue was CNY 872 million, up 8.44%, with a gross margin of 23.86% [5] - Internet services revenue was CNY 1.256 billion, up 4.21%, accounting for 37.31% of total revenue [5] - High-tech services revenue was CNY 779 million, slightly up 6.17%, with a gross margin of 26.82% [5] By Region - Domestic revenue was CNY 2.383 billion, up 7.50%, with a gross margin of 23.06% [5] - Overseas revenue was CNY 985 million, down 1.34%, with a gross margin of 26.89% [5] New Business Development - The company is actively expanding into new sectors such as digital agriculture and smart energy, with initial projects underway [6] - In the digital agriculture sector, the company has accumulated experience in various scenarios including smart farming and supply chain management [6] - The company is also exploring partnerships in the smart energy field, focusing on digital systems for photovoltaic projects [6] Strategic Outlook - The company aims to optimize its business structure and enhance cash flow management in response to market changes [7] - It plans to maintain stable revenue growth while ensuring profitability through differentiated resource allocation [7] - The company anticipates that new business areas will contribute significantly to revenue in 2024, with a target of achieving further breakthroughs [7] Challenges and Risks - The decline in net profit is attributed to increased investment in new business areas and foreign exchange losses due to fluctuations in the Japanese yen [4] - The company expects to face challenges related to market conditions and policy changes that may impact new business development [7]