BEYONDSOFT(SZ:002649)2023-11-01 08:38Financial Performance - In the first three quarters of 2023, the company achieved revenue of 4.872 billion CNY, a year-on-year increase of 2.22% [3] - The net profit attributable to shareholders was 224 million CNY, with operating cash flow turning positive at 10.14 million CNY [3] - The overall gross margin was 24.72%, with Q3 revenue at 1.658 billion CNY, showing a slight year-on-year decline but a steady quarter-on-quarter increase [3] Industry Performance - The financial sector reported revenue of 1.223 billion CNY, a year-on-year growth of 25.26%, accounting for 25% of total revenue [3] - Revenue from the internet and high-tech sectors experienced a slight decline of approximately 3% [3] - Domestic business revenue reached 3.385 billion CNY, a year-on-year increase of 1.54%, while overseas revenue was 1.487 billion CNY, up 3.78% [3] Strategic Initiatives - The company is actively optimizing its business structure and expanding into emerging industries such as cloud computing, big data, artificial intelligence, and IoT [4] - A dedicated team for industry-specific innovation has been established to enhance capabilities in financial technology and other sectors [4] - Collaborations with major AI model vendors like Microsoft, Baidu, and Huawei are ongoing to develop AIGC application solutions [4] Future Outlook - The company anticipates stable overall revenue for 2023, with profitability expected to improve gradually [4] - The focus will remain on enhancing customer quality and cash flow management in the internet and high-tech sectors, while the financial sector is projected to continue growing at a rate above industry averages [4] - The company aims to maintain a balanced revenue contribution from overseas operations, currently at around 30% [8]