SCHEDULE OF DISAGGREGATION OF REVENUE |
SCHEDULE
OF DISAGGREGATION OF REVENUE
Major products/services lines | |
Year ended December 31, | |
| |
2022 | | |
2023 | | |
2024 | |
| |
RMB | | |
RMB | | |
RMB | |
CPaaS | |
| | | |
| | | |
| | |
- Text messaging | |
| 119,416 | | |
| 136,654 | | |
| 132,242 | |
- Voice calls | |
| 25,953 | | |
| 25,958 | | |
| 35,708 | |
- Others (Note2) | |
| 46,796 | | |
| 32,799 | | |
| 21,457 | |
Cloud-based CC | |
| 310,765 | | |
| 256,961 | | |
| 268,081 | |
Cloud-based UC&C | |
| 89,350 | | |
| 117,554 | | |
| 116,078 | |
Other services | |
| 1,354 | | |
| 1,098 | | |
| - | |
Revenues | |
| 593,634 | | |
| 571,024 | | |
| 573,566 | |
Note 1: The gross amount of revenue from
services as an agent was RMB89 million, RMB69 million and RMB50 million for the years ended December 31, 2022, 2023 and 2024. The net
amount of revenue from services as an agent was RMB14 million, RMB16 million and RMB15 million for the years ended December 31, 2022,
2023 and 2024 respectively.
Note 2: Others mainly include CPaaS revenue
from the customers’ use of the Group’s Internet of Things (IoT) and jointly-operated CPaaS platforms.
Timing of revenue recognition | |
Year ended December 31, | |
| |
2022 | | |
2023 | | |
2024 | |
| |
RMB | | |
RMB | | |
RMB | |
Point in time | |
| 381,163 | | |
| 331,220 | | |
| 301,480 | |
Over time | |
| 212,471 | | |
| 239,804 | | |
| 272,086 | |
Revenues | |
| 593,634 | | |
| 571,024 | | |
| 573,566 | |
Primary geographical markets (based on the location of customers) | |
Year ended December 31, | |
| |
2022 | | |
2023 | | |
2024 | |
| |
RMB | | |
RMB | | |
RMB | |
The PRC | |
| 556,663 | | |
| 539,867 | | |
| 543,774 | |
Japan | |
| 36,971 | | |
| 31,157 | | |
| 29,792 | |
Revenues | |
| 593,634 | | |
| 571,024 | | |
| 573,566 | |
Revenue based on a gross basis/ net basis | |
Year ended December 31, | |
| |
2022 | | |
2023 | | |
2024 | |
| |
RMB | | |
RMB | | |
RMB | |
On a gross basis | |
| 579,629 | | |
| 555,409 | | |
| 558,926 | |
On a net basis | |
| 14,005 | | |
| 15,615 | | |
| 14,640 | |
Revenues | |
| 593,634 | | |
| 571,024 | | |
| 573,566 | |
|
SCHEDULE OF CONTRACT ASSETS AND CONTRACT LIABILITIES |
The Group’s contract assets and contract liabilities
as of December 31, 2022, 2023 and 2024 are as follows:
SCHEDULE
OF CONTRACT ASSETS AND CONTRACT LIABILITIES
| |
December 31, | |
| |
2022 | | |
2023 | | |
2024 | |
| |
RMB | | |
RMB | | |
RMB | |
Contract assets | |
| 50,838 | | |
| 26,107 | | |
| 27,752 | |
Contract liabilities | |
| 359,801 | | |
| 363,228 | | |
| 306,112 | |
|
SCHEDULE OF CONTRACT ASSETS |
Changes in the contract assets balances for the years
ended December 31, 2022, 2023 and 2024 are as follows:
SCHEDULE
OF CONTRACT ASSETS
| |
Year ended December 31, | |
| |
2022 | | |
2023 | | |
2024 | |
| |
RMB | | |
RMB | | |
RMB | |
Gross amount at the beginning of the year | |
| 31,722 | | |
| 63,144 | | |
| 36,469 | |
Increases due to revenue recognized during the year | |
| 50,825 | | |
| 27,787 | | |
| 44,616 | |
Transfers to accounts receivable during the year | |
| (19,403 | ) | |
| (54,462 | ) | |
| (31,601 | ) |
Gross amount at the end of the year | |
| 63,144 | | |
| 36,469 | | |
| 49,484 | |
Allowance for credit loss of contract assets | |
| (12,306 | ) | |
| (10,362 | ) | |
| (21,732 | ) |
Contract assets, net | |
| 50,838 | | |
| 26,107 | | |
| 27,752 | |
The movement of the allowance
for contract assets is as follows:
| |
Year ended December 31, | |
| |
2022 | | |
2023 | | |
2024 | |
| |
RMB | | |
RMB | | |
RMB | |
Balance at the beginning of the year | |
| 10,604 | | |
| 12,306 | | |
| 10,362 | |
Additions charged to credit loss | |
| 1,702 | | |
| (1,944 | ) | |
| 11,370 | |
Balance at the end of the year | |
| 12,306 | | |
| 10,362 | | |
| 21,732 | |
|
SCHEDULE OF CONTRACT LIABILITIES |
Changes in the contract liabilities balances for the
years ended December 31, 2022, 2023 and 2024 are as follows:
SCHEDULE
OF CONTRACT LIABILITIES
| |
Year ended December 31, | |
| |
2022 | | |
2023 | | |
2024 | |
| |
RMB | | |
RMB | | |
RMB | |
Balance at the beginning of the year | |
| 285,936 | | |
| 359,801 | | |
| 363,228 | |
Revenue recognized that was included in the contract liabilities balance at the beginning of the year | |
| (96,082 | ) | |
| (92,339 | ) | |
| (80,856 | ) |
Other operating income recognized that was included in the contract liabilities balance at the beginning of the year | |
| - | | |
| - | | |
| (49,530 | ) |
Increase due to cash received, excluding amount recognized as revenue during the year | |
| 169,947 | | |
| 95,766 | | |
| 73,270 | |
Balance at the end of the year | |
| 359,801 | | |
| 363,228 | | |
| 306,112 | |
|