Financial Performance - The Group's annual sales revenue decreased by 10% compared to the previous year, while overall costs decreased by 18%[20] - The annual loss increased by 34% compared to the same period last year, primarily due to a share-based payment recognition of RMB 5,855,000[20] - The Group recorded total revenue of approximately RMB 84,949,000 for the year ended December 31, 2022, a decrease of 10% compared to RMB 94,408,000 in 2021[33] - The Group's loss for the year ended December 31, 2022, amounted to approximately RMB 18,381,000, representing a 34% increase compared to RMB 13,768,000 in 2021[43] - Revenue for the year ended December 31, 2022, was RMB 84,949,000, a decrease of 10% compared to RMB 94,408,000 in 2021[135] - The loss attributable to shareholders for the year ended December 31, 2022, was RMB 18,381,000, compared to a loss of RMB 13,768,000 in 2021[135] Cost Management - The cost of sales decreased by 23% to approximately RMB 72,249,000 in 2022, down from RMB 93,492,000 in 2021, resulting in an overall gross profit margin of approximately 15%[37] - Administrative expenses increased by 46% to approximately RMB 21,399,000 in 2022, primarily due to share-based payment expenses of approximately RMB 5,855,000[41] - The Group plans to improve financial results in the coming year through increased sales and effective cost control measures[54] Operational Strategy - The Group is preparing for the end of the pandemic in 2023 by developing a long-term strategy and optimizing the Board's age structure[21] - Various measures were adopted to minimize operational impacts, including optimizing the operational structure and expanding the online product portfolio[22] - The Group enhanced efficiency and fine-tuned the revenue structure to strengthen operations during a challenging economic environment[19] - The Group implemented various measures to mitigate business impact during the pandemic, including optimizing operational structure and expanding online product offerings[25] Revenue Sources - Revenue from technical support services accounted for 91% of total Group revenue in 2022, down from 92% in 2021[73] - The Group's revenue from technical support services, which constitutes the majority of total revenue, decreased by 10% compared to the previous year[36] - For the year ended December 31, 2022, revenue from software product sales decreased by approximately 13% and revenue from technical support services decreased by approximately 10% compared to the same period last year, primarily due to a decrease in contracts[80] - Revenue from related hardware product sales increased by approximately 5% compared to the same period last year, driven by an increase in contracts[80] Assets and Liabilities - Total assets as of December 31, 2022, were RMB 95,810,000, down from RMB 100,082,000 in 2021, reflecting a decrease of approximately 2.5%[135] - Total liabilities increased to RMB 56,356,000 in 2022 from RMB 48,102,000 in 2021, representing a rise of about 17%[135] - Net assets decreased to RMB 39,454,000 in 2022 from RMB 51,980,000 in 2021, indicating a decline of approximately 24%[135] Employee and Staffing - As of December 31, 2022, the Group had 767 employees, down from 1,008 employees in 2021, with total staff costs amounting to approximately RMB 80,279,000, compared to approximately RMB 84,602,000 in 2021[82] - The Group aims to attract and retain key personnel by offering attractive remuneration packages[122] Risk Management - Management will regularly identify and assess key operational exposures to implement appropriate risk responses[119] - The Group's credit exposure management will continue to be exercised with due care, given the credit period granted to customers ranges from 120 to 180 days[49] - The Group's management monitors liquidity risk by maintaining an adequate level of cash and cash equivalents to finance operations and reduce cash flow fluctuations[114] Shareholder Information - The directors do not recommend the payment of dividends for the year ended 31 December 2022[156] - As of December 31, 2022, the company had no reserves available for distribution to shareholders, consistent with the previous year[180] - Goldcorp Industrial Limited holds 136,307,500 shares, representing 10.35% of the company's total shareholding[186] - Mdm Iu Pun, as the spouse of Mr. Hung Yung Lai, has an interest in 174,840,000 shares, accounting for 13.27% of the total shareholding[186] Compliance and Governance - There were no incidents of non-compliance with relevant laws and regulations that significantly impacted the Group's business during 2022[166] - The report indicates that all interests and positions are in compliance with the relevant regulations[192]
新利软件(08076) - 2022 - 年度财报