Financial Performance - Main business revenue for 2023 reached RMB 963,518,000, a 20.4% increase from RMB 800,425,000 in 2022[4] - Profit before tax for 2023 was RMB 370,643,000, up 29.6% from RMB 285,998,000 in 2022[4] - Net profit for 2023 was RMB 285,545,000, representing a 17.3% increase compared to RMB 243,608,000 in 2022[4] - The total revenue of the group increased by 20.4% year-on-year, reaching RMB 963.5 million for the year ended December 31, 2023, up from RMB 800.4 million in the previous year[17] - The company reported a net profit of RMB 285,545,000 for the year, representing a 17.3% increase from RMB 243,608,000 in 2022[198] - The company achieved a pre-tax profit of RMB 370,643,000, which is a 29.6% increase from RMB 285,998,000 in the previous year[197] Revenue Breakdown - Technology revenue, including platform service and supply chain technology service revenue, reached RMB 170.2 million, a year-on-year increase of approximately 64.8%, accounting for about 17.7% of total revenue, up from 12.9% in the previous year[12] - Revenue from platform services increased by 105.5% year-on-year to approximately RMB 145.8 million, driven by the expansion of inclusive matching services[19] - Digital financial solutions revenue from supply chain asset interest rose to RMB 701,349,000, compared to RMB 604,546,000 in 2022, marking a growth of 16.0%[197] - Revenue from supply chain technology services decreased by 24.4% year-on-year to RMB 24.4 million, primarily due to a strategic shift towards other technology-related services[20] Customer and Market Growth - The total number of customers reached 15,326, reflecting a 20% growth compared to the previous year[7] - The cumulative number of customers on the platform reached 15,300, a year-on-year increase of 20.5%, with over 97% being small and micro enterprises[12] - The financing amount provided directly and indirectly to small and micro enterprises reached RMB 22.16 billion, a year-on-year increase of approximately 12.1%[12] - The number of funding partners linked to the platform increased by 22.4% year-on-year, reaching 131 partners by December 31, 2023[14] Research and Development - Cumulative R&D investment reached RMB 200 million, with technology revenue growing approximately 65% to RMB 170 million, accounting for 18% of total revenue[6] - The group has invested approximately RMB 200 million in R&D, resulting in 62 patents and software copyrights as of December 31, 2023[15] - The group will continue to invest in research and development to maintain its technological leadership in the supply chain ecosystem[41] Dividends and Shareholder Returns - The company plans to distribute a dividend of HKD 0.269 per share, raising the payout ratio to 90%[5] - The company plans to distribute a dividend of HKD 0.269 per share for the year ending December 31, 2023, representing a growth of 259%[12] - The board proposed a final dividend of HKD 0.269 per share for the year ended December 31, 2023, an increase from HKD 0.075 per share for the year ended December 31, 2022[43] Operational Efficiency - Total operating expenses increased by 18.8% year-on-year to RMB 271.8 million, mainly due to business expansion leading to higher employee costs[24] - The operating cost-to-revenue ratio for 2023 was 28.1%, slightly down from 28.6% in 2022[25] - Employee costs increased by 22.7% year-on-year to RMB 177.8 million[24] Risk Management and Compliance - The company has established effective risk management and internal control systems, which were reviewed and deemed satisfactory by the board for the year ended December 31, 2023[109] - The audit committee is tasked with overseeing the risk management and internal control systems, conducting annual assessments of their effectiveness, and reporting findings to the board[108] - The company has adopted anti-corruption and whistleblowing policies in compliance with applicable laws and regulations[111] Corporate Governance - The company has adhered to the corporate governance code as per the Stock Exchange Listing Rules for the fiscal year ending December 31, 2023[67] - The board consists of two executive directors, one non-executive director, and four independent non-executive directors as of December 31, 2023[71] - Independent non-executive directors account for at least one-third of the board, ensuring independent judgment on strategies and performance[73] Environmental and Social Responsibility - The group is committed to promoting low-carbon operations and has established an online platform to effectively reduce paper usage and carbon emissions from business operations[182] - The group actively promotes environmental sustainability through initiatives such as paperless operations and resource conservation[182] - The company has engaged in charitable activities and community involvement to enhance corporate social responsibility[182] Shareholder Communication - The company has established a shareholder communication policy to ensure timely and transparent communication with shareholders through various channels, including the company's website and stock exchange announcements[107] - The company has established a professional investor relations service to enhance communication with existing and potential investors[124]
盛业(06069) - 2023 - 年度财报