On the evening of April 7, Hangzhou Raycloud Technology Co.Ltd(688365) ( Hangzhou Raycloud Technology Co.Ltd(688365) . SH) released the annual report for 2021. During the reporting period, Hangzhou Raycloud Technology Co.Ltd(688365) achieved an operating revenue of 545 million yuan, an increase of 6.94% over the same period last year, of which the core SaaS business revenue increased by 15.03% over the same period last year Hangzhou Raycloud Technology Co.Ltd(688365) said that the growth of core SaaS business was mainly due to the rapid growth of business income of fast wheat ERP, deep drawing and Youcheng.
In 2021, Hangzhou Raycloud Technology Co.Ltd(688365) continued to develop the SaaS business of small and medium-sized e-commerce, and explored the value of multi platform development. The report shows that the company’s multi platform revenue of express assistants continued to grow, among which the revenue of express assistants on pinduoduo platform increased by 31.29% over the same period last year. Tiktok Kwai and tiktok tiktok increased by 392.55% compared with the beginning of the year, and the number of users who had raised voice charges increased by 231.26% compared with the beginning of the year. The income of multi platform platforms showed rapid growth.
At the same time, Hangzhou Raycloud Technology Co.Ltd(688365) also focuses on the big business market. In 2021, the overall revenue of the company’s large business maintained a rapid growth compared with the same period last year, and the sales and revenue exceeded 100 million yuan for the first time in 2021. The revenue of the company’s core large business products (mainly including fast wheat ERP, deep drawing, juwo WMS, fast wheat design, fast wheat Xiaozhi and other products) increased from 468652 million yuan in 2020 to 1093498 million yuan, an increase of 133.33% over the same period last year.
With the continuous deepening of big business strategy, the core products of big business series fast wheat ERP have increased significantly. The report shows that at the end of 2021, the number of effective paying users of fast wheat ERP increased by 90.83% over the same period last year. Meanwhile, Hangzhou Raycloud Technology Co.Ltd(688365) has preliminarily completed the construction of direct selling team system in 2021, and completed the construction of direct selling team in nearly 30 cities across the country.
In the field of e-commerce detail page design and multi platform release, after the wholly-owned acquisition of deep drawing intelligence, Hangzhou Raycloud Technology Co.Ltd(688365) further consolidated its market leading edge. With the further integration and coordination between deep drawing products and fast wheat design, the revenue of Hangzhou Raycloud Technology Co.Ltd(688365) e-commerce detail page design and multi platform release ushered in rapid growth in 2021. Compared with the scale of fast wheat design in the same period last year, the sales increased by 501%, and the overall revenue was relatively fast. Fast wheat design increased by 977.70% in the same period last year.
In terms of supporting hardware, Hangzhou Raycloud Technology Co.Ltd(688365) supporting hardware revenue increased by 2.44% over the same period last year, with an overall steady increase. During the reporting period, Hangzhou Raycloud Technology Co.Ltd(688365) continued to strengthen the operation of self operated printer stores on tmall, Taobao, jd.com, pinduoduo and other platforms, and further explored the overseas market. During the reporting period, the self operated sales volume gradually increased, and the domestic self operated income accounted for 45.10% of the overall income; At the same time, the income of foreign trade products rose to 23.58% of the total income, becoming a new increment of the company’s hardware business.
With the rapid development of mobile Internet technology, small and medium-sized enterprises have increasingly urgent needs for mobile and collaborative management of daily affairs such as sales, administration, finance and personnel. In 2018, Hangzhou Raycloud Technology Co.Ltd(688365) took advantage of the nailing platform to enter the enterprise service market and launched a series of products such as Youcheng finance, Youcheng reimbursement, Youcheng CRM and tomato form. In 2021, a series of operating revenue increased by 54.24% over the same period last year.
