On the evening of April 22, Newland (000997) released its 2023 annual report. During the reporting period, the Company's total revenue and net profit reached record highs, with its ongoing digital transformation strategy producing notable results. In 2023, Newland achieved a total operating revenue of 8.25 billion yuan, marking an 11.94% increase compared to the previous year. The net profit attributable to shareholders of the listed company was 1.004 billion yuan. Excluding non-operational factors such as fluctuations in the value of equity assets held by the Company, the net profit attributable to the parent company was 1.084 billion yuan, a substantial increase of 136.82% from the previous year. The net cash flow from operating activities reached 2.227 billion yuan, more than double the net profit attributable to the parent company. In addition, the Company continues to enhance shareholder returns, with a total cash dividend of 5.00 yuan per 10 shares (tax included) for the whole of 2023.
A Visual Guide
Newland 2023 Annual Report

Focusing on the Digitalization and Intelligence of Global Offline Commercial Scenarios
Continuing to Develop Full-scene Digital Business Solutions
Dividends for 2023
A payout of 5 yuan per 10 shares (tax included), with a dividend yield of 3%
The proposed mid-year dividend for 2024: Not to exceed 50% of the net profit for the period
Smart Terminal Cluster
Total operating revenue: 3.199 billion yuan
Gross margin: 37.68%, up 4.41% year-on-year é
Overseas business revenue: 2.253 billion yuan, accounting for over 70% of the cluster ratio
Overseas gross margin: 49.86%, up 7.18% year-on-year é
Digital Payment
Terminals
Achieved No. 1 global rank in shipment volume for 2022 (2023 Nielsen Report)
Shipped 7 million units in 2023, with 3.5 million units shipped overseas
Increased penetration rate of intelligent systems
despite the overall decline in domestic demand
Grew global shipment of smart POS devices by over 90% year-on-year
Secured contracts with the five major state-owned banks

Intelligent Perception
Identification Terminal
Actively developing core technologies in machine vision, RFID, and OCR
Accelerating the development of integrated edge-to-cloud computing capabilities
Completing the productization and integration of the nvKit vision algorithm library
Supporting multiple IVD scenarios and customers
Signed an OpenHarmony ecosystem enablement agreement with Huawei
Won second prize in the OpenHarmony Application Innovation Competition and achieved top 15 in Code Contributions

