Shenzhen Kangjia A (000016.SZ) released its 2023 annual report. The company's revenue was 178.49...
According to the Zhitong Finance App, Shenzhen Kangjia A (000016.SZ) released its 2023 annual report. The company's revenue was 17.849 billion yuan, a year-on-year decrease of 39.71%. The net loss attributable to shareholders of listed companies was 2.164 billion yuan, an increase of 47.15% over the previous year. Net loss attributable to shareholders of listed companies after deducting non-recurring profit and loss was $2,914 million, an increase of 9.38% over the previous year. The basic loss per share was $0.8986.
In 2023, the company focused on its main business, promoted business restructuring, and actively optimized some industrial, trade and environmental protection businesses where the main business was under-empowered and had a low level of gross profit, and the company's revenue declined by a certain margin.
In 2023, due to factors such as product strategy adjustments and continued supply chain fluctuations, the company's color TV business suffered a certain amount of loss. In terms of domestic color TV sales, the company made systematic adjustments to the current product planning and sales strategy. The launch period for the new high-end X6/M6/R7 products was mainly concentrated in the second half of 2023. The introduction and sales climbing cycle of new color TV products was relatively lagging behind, and it failed to fully make up for the clean-up losses caused by the delisting of old products, which affected the sales scale and total profit of the company's domestic color TV business to a certain extent; in terms of color TV export and OEM business, due to continuous fluctuations in upstream supply chain costs in 2023, the gross profit level of orders delivered by the company's color TV export and OEM business was low, although the gross profit level of orders delivered by the company's color TV export and OEM business was low. Adoption of the strategy The adjustments gradually improved the quality of operations in the second half of 2023, but gross profit for the whole of 2023 still could not fully cover rigid expenses.
Furthermore, the company adheres to the principle of “park service guarantee strategic main business” and continues to shrink the park business. There were almost no new large-scale industrial park projects in 2023, and related revenue declined year-on-year. At the same time, although the company's semiconductor business has achieved certain results in many key technologies in the industrial chain, it is still in the early stages of industrialization. R&D investment continues to grow, and it has failed to achieve large-scale and efficient output, affecting the company's overall operating profit.