Lakala(300773)2022-12-03 08:41Group 1: Company Performance - The company reported a revenue of 4.168 billion yuan for the first three quarters, representing a year-on-year growth of 12.94% [4] - Payment technology revenue was 3.342 billion yuan, remaining flat year-on-year, while financial, e-commerce, and information technology revenues totaled 549 million yuan, growing by 111% [4] - The net profit attributable to shareholders was 735 million yuan, reflecting a year-on-year increase of 19.35% [4] Group 2: Business Segments - The company has seen significant growth in mobile POS, with the number of merchants increasing from 7,000 to 8,800, averaging around 600 new merchants signed daily [4] - The company launched a new product "Qianzhangtong" aimed at integrating various payment and financial needs into a single software solution [4] - The company has registered 20,000 merchants for its "Cloud Store" product, with 3,400 cash registers deployed and an average monthly transaction volume of 1,600 [5] Group 3: Market Outlook and Opportunities - The payment market is expected to continue growing due to economic and consumption growth, as well as technological advancements [5] - The promotion of digital currency is anticipated to significantly change the payment industry landscape, with the company already engaged in pilot projects with the central bank [5] - The company aims for net profits from non-payment businesses (financial technology, e-commerce technology, information technology) to reach 50% in the future, having already surpassed 30% [5] Group 4: Risk Management - The company processes approximately 30 million transactions daily, with a transaction value around 15 billion yuan [6] - Each transaction is assessed through a risk control system that evaluates factors such as time, amount, and location to identify potential fraud [6] - The company's fraud loss rate remains low, indicating a competitive advantage in risk management within the industry [6]