BEYONDSOFT(002649)2022-11-02 23:16Financial Performance - In the first three quarters of 2022, the company achieved operating revenue of CNY 4.766 billion, a year-on-year increase of 23.72% [3] - Operating profit for the same period was CNY 333 million, up 4.7% year-on-year, while net profit attributable to shareholders was CNY 278 million, a decrease of 5.57% [3] - In Q3 alone, the company reported operating revenue of CNY 1.691 billion, a year-on-year growth of 20.49% [3] Revenue Structure - By industry, the financial sector generated CNY 976 million in revenue, a significant year-on-year increase of 42.63% [3] - The internet sector achieved revenue of CNY 1.885 billion, growing by 24.13% year-on-year, while the high-tech sector reported CNY 1.159 billion, with a growth rate of 16.89% [3] - Revenue from products and solutions reached CNY 1.194 billion, up 17% year-on-year, and revenue from IT operations maintenance was CNY 854 million, a 10.82% increase [3] Profitability and Cash Flow - The gross profit margin for the first nine months was 25.73%, slightly up from 25.53% year-on-year [4] - Operating cash flow improved significantly from a negative CNY 85.22 million to a positive CNY 56.95 million in Q3 [4] - The company aims to maintain strong cash flow management, especially in the fourth quarter, which is typically a peak period for cash collection [4] Strategic Outlook - The company plans to focus on enhancing its business quality and expanding into new markets, particularly in financial technology and digital economy sectors [4] - It aims to become a leading comprehensive service provider in financial technology within the next 3-5 years [6] - The company is also exploring external investments and acquisitions to enhance its business capabilities [5] Challenges and Market Conditions - The company acknowledges the complexities of the current economic environment, including the impact of the pandemic and regulatory changes in the internet sector [8] - Despite challenges, the company remains cautiously optimistic about maintaining steady revenue growth and improving operational quality [8] - The international business has shown steady growth, with a focus on markets such as the US, Japan, and Southeast Asia [7]