Nsfocus(SZ:300369)2023-05-30 10:17Financial Performance - In 2022, the company achieved operating revenue of 2.629 billion yuan, a year-on-year increase of 0.76% [1] - The net profit attributable to shareholders was 283.7 million yuan, with net cash flow from operating activities decreasing by 21.02% to 59.93 million yuan [1] - The gross profit margin for 2022 was 62.28%, an increase of 0.89 percentage points compared to 2021 [2] Business Overview - Data security business grew by 45%, with total orders reaching 252 million yuan in 2022 [2] - In the cloud computing sector, orders amounted to 395 million yuan, a year-on-year increase of 75% [2] - The industrial internet sector saw orders of approximately 78 million yuan, growing by 22.30% [2] Market and Regional Performance - The energy sector experienced the highest growth at 11.3%, driven by increased investments in network security under the "dual carbon" strategy [2] - Revenue from the Beijing headquarters grew by 13.35%, while the southern region saw a decline of 3.73% [3] - International business revenue increased for five consecutive years, with a 14% year-on-year growth in orders [3] Strategic Initiatives - The company is focusing on internal reforms and management improvements to enhance efficiency and reduce costs [2] - A new equity incentive plan was announced, covering 400-500 core employees, with revenue targets set at 3.36 billion yuan for 2023 [4] - The company plans to raise up to 1.2 billion yuan through a private placement to fund key projects in R&D and technology innovation [5] Technology and Innovation - The establishment of the Innovation Research Institute in May 2022 aims to foster collaboration with Tsinghua University and enhance R&D capabilities [3] - The launch of the T-ONE CLOUD strategy in May 2022 focuses on cloud-native security solutions [4] - The company is investing heavily in AI and privacy computing technologies to address customer pain points in data security [7][8] Future Outlook - The company anticipates growth in special industries, education, and finance sectors, with a focus on enhancing customer relationships and channel strategies [6] - The SaaS model is gaining traction, with a significant increase in customer acceptance for security services [9] - The company aims to expand its international presence, particularly in the Asia-Pacific region, aligning with the "Belt and Road" initiative [10]