BEYONDSOFT(SZ:002649)2022-11-21 16:06Group 1: Company Overview - The company, 博彦科技, reported a recovery in business operations in the first half of 2021, driven by the normalization of the pandemic and a focus on optimizing business and customer structures [2][3] - Key development keywords for the company are "optimization" and "growth," with efforts to increase the proportion of high-viscosity and high-value-added businesses [2] Group 2: Financial Performance - The company achieved a revenue of 2.449 billion CNY in the first half of 2021, representing a year-on-year growth of 23.34% [3] - Revenue breakdown: - Internet industry revenue was 949 million CNY, with a growth rate of 36.20% - Financial industry revenue was 425 million CNY, with a growth rate of 35.90% [3] - The company’s gross profit margin improved to 24.52%, an increase of 3.9 percentage points compared to the same period last year [4] - Net profit attributable to shareholders was 176 million CNY, a year-on-year increase of 53.03% [4] Group 3: Revenue Structure - Revenue from domestic markets reached 1.6 billion CNY, with a growth rate of 33.63%, increasing its share from 60.26% to 65.28% [3] - Overseas revenue was 850 million CNY, with a growth rate of 7.75%, showing a slight decrease in its share of total revenue [3] Group 4: Cash Flow and Expenses - Operating cash flow was -9.05 million CNY, a significant decrease from 206 million CNY in the same period last year, attributed to normalized operating expenses [4][5] - Financing cash flow was -254 million CNY, primarily due to early repayment of bank loans and significant cash dividends [5] Group 5: Strategic Development - The company is focusing on two main directions for financial business development: product solutions and scenario-based financial services [6] - The acquisition of 北京融易通科技有限公司 in May 2021 aims to enhance the company's capabilities in mobile financial solutions [6] Group 6: Future Outlook - The company aims to maintain a compound annual growth rate of 20.17% in revenue over the past decade and expects to continue high-quality growth in the future [6] - The gross profit margin is projected to continue improving, with expectations of reaching 24.52% in the first half of 2021 [6][7]