Zhongkesoft (603927.SH) disclosed its 2023 annual report. The company achieved revenue of 6.503 billion dollars during the reporting period...
According to the Zhitong Finance App, Zhongkesoft (603927.SH) disclosed its 2023 annual report. During the reporting period, the company achieved revenue of 6.503 billion yuan, a year-on-year decrease of 3.01%; net profit to mother of 655 million yuan, an increase of 2.59%; deducted non-net profit of 645 million yuan, an increase of 4.8%; and basic earnings per share of 1.1077 yuan. The company plans to pay a cash dividend of 5.5 yuan (tax included) to all shareholders for every 10 shares, adding 4 shares for every 10 shares.
In 2023, the company achieved revenue of 6.503 billion yuan, a year-on-year decrease of 3.01%, of which: system integration business revenue was 1,229 billion yuan, down 18.42% year on year. The system integration business declined sharply due to the pace of customer acceptance, which in turn affected the company's overall revenue growth. The company's software business revenue continued to grow positively, achieving revenue of 5.260 billion yuan, an increase of 1.45% year on year.
The company's main business revenue declined. On the one hand, it was affected by the downstream customer acceptance process: in terms of system integration business, the growth rate of new orders for the company's system integration business was still at a high level. As of the end of December 2023, the company's unexecuted system integration project contract amount totaled about 2.5 billion yuan, laying the foundation for future system integration business revenue rebound; in the software business, due to changes and transformation in the insurance industry, the year-end project acceptance progress of some customers was delayed. Individual customers' IT budgets faced short-term adjustments, and the company's insurance IT business revenue declined slightly, but the company continued to maintain The competitive position in the existing market and strong customer stickiness seize the business opportunities brought by the direction of IFRS17 system construction, AIGC application in the insurance industry, and adaptation of insurance core business systems to localization transformation, further explore new customer needs and develop new projects, and lay the foundation for the further development of the insurance IT business in the future.