贝壳-W年度报告2023

（於開曼群島註冊成立以不同投票權控制的有限責任公司） 股份代號: 2423 2345294857104128136139142144147266268 •20231231131,429202226,09620.4%2023123120,280202215,76528.6%2023123110,03020229,4056.7%20231231133202254145.8%20231231986202287312.9% •20231231778202260728.2% •202312315,89020221,3972023123129,79820222,843 •2023123143,8172022123140,5168.1%20231231342,0212022123137,44612.2% •20231231427,65620221231394,0208.5%202312314397,13520221231349,68113.6% •202354,32020223,660 1995 202344031,4294,427 200122 2018ACNACN2018 ACNACNSaaS •(1)(2)(3)(4) •(1)SaaS(2) • •SaaS (i)(ii)(iii) ACN ACNACNACN22ACN(i)(ii)(iii) 202374%ACN ACNACN ACNACN AI20231231569 ACNSaaSAIACN SaaS SaaSSaaSSaaSACNA+ SaaSLink SaaSLink SaaSA+ SaaSSaaSSaaSSaaSHome SaaS NTSNTSNTS 2014 AIAI 20231231397,00042,00025620231231427,00043,800 2001AI20082010Link SaaS2011ACN 22ACN 2023123197,500100,6005,3205,350252023123125,10026,1001,2901,120 2018 2023123125536,000299,5002023123186%202366% ACN 202310,030202355202343202264 202353%202244% Home SaaSAI Home SaaS Home SaaS(BIM)Home SaaS Home SaaS20192023Home SaaS 2.5Home SaaS 2.5(BIM)(SSC) AI AIappAIAI 202270,0002023200,000202320226.095.1% 202310,000 AI 2008202312312.77SaaS (AI) AIAI ••• • •AI • •AIAI • AI 2022202312312,5461,937 AI VR2015VR2016VRVRVR VRVR 2022-20242023 202312311,6121,114202312317,831651737170ke.comlianjia.com (i)(ii)(iii)(iv)(v)(vi) 202431420231231 2023202260728.2%778202226,09620.4%202331,4292023 202224115.9%2023280202215,76528.6%202320,280 202220610.8%202322920227,46413.6%20238,476 20223545.8%20235120228,30142.2%202311,804 •20222876.7%202330620229,4056.7%202310,03020221,70013.7%20231,93220227,7055.1%20238,099 •2023109202250ab)c •202228194.8%202384 20235612022469 •2023257202220520232022 •20231792022179•202236116.3%20237720222023•20223314.2%20232920232022 202239.8%202347.2% 202223.6%202326.6% 202329.0%202229.4% 202231.3%202324.0% 202213857.6%2023217 202327.9%202222.7%20232022 20224645.5%202367 20227312.1%2023822022 20222523.9%20231920222023 202393202214820222023 20234,797202283320236.2%20221.4%20222023 20231,99420221,690 20235,89020221,397 EBITDA (i)(ii)(iii)(i)(ii)(iii)(iv)(v)(vi)(i)(ii)(iii)(iv)(v)(vi)(vii)EBITDA(i)(ii)(iii)(iv)(v)(vi)(vii)(viii) EBITDA 20221231611202312316012023 20221231422023123132 202120222023359335202220232873062022105202355202220236 2022202312311,6871,0672023 2022202312311792362022123120231231 2022202312314,9344,8572023 20231231309 202212315,843202312316,329 20221231202312316192902023123120239123.35%3.30% 202220231231611601 10%50% 20207202011 202311220235,8904,848151,4131,818 3,2167752962778 8356,1231,4051,5866,3348831,220 20228,46120221,3975,562277675,036 2,425918592584512 5,1614,0749213,509958866 202340(i)389415(ii)278271(iii)12(iv)1458914 202285(i)347365(ii)115116(iii)238158(iv)31(v)1229 20236,962(i)5,151(ii)756(iii)1,431427 20221,155(i)1,320(ii)400(iii)328759 2022202379387420222023 20231231 2023123142815510542 20231231 (i)202321020233155005002867612023315 (ii)2023895064202426202389 (iii)20238213020231352023821 (iv)202382316B2023720242272023823 (v)202376202310620238222023112220239138112020231332023376C0312023913 (vi)202372520231112023962024110202391988.533395123392023919 20231231 20231231 2023123140.0%2022123136.8% 202312312.9% A 2023123136 1231116,34420231231 20ACN 2001201320162017 44 202152018122017420101 20067201012001820033 2001620067 51 2018720071220219201712Ziroom Inc.20237Keep Inc.3650 199912200711 20191 58 202372021520181220208201852023720177201852015122017620048201432009122011420151220019200491986920018 19867 50 2021820181220208201611201662016102014820151220119201472008420112200152008319992001(Pepsi) 19967200510 48 20181220225201132008920105 20173102420159ZH23902020122023324692013122022883441820176202111(Missfresh Limited)MF 1998720045 54 202082022520143H CapitalH Capital2004920122Tiger Global20042200491994720042Veronis Suhler Stevenson 1992719945 54 202182022520223200062019122019121995112000620231017520203202252021620229301078MF 1991719947 55 2022320225201822017320225300232 2010820175AsiaInfo Holdings, LLCAsiaInfo-Linkage, Inc.20002014200822010820102014ITiSoftStone Holdings Limited2006520082199742005619958199611SAP AGSAP1991119954 1989719996 44 51 58 50 2018620132018 20 2100美團3690132619522015239010972498 13.51B(1) 13.51B(1)2023 2024329 28 13.51B(1) 20231231 201876A202251124232020813BEKE 200122 2023123120-F ••••••••••• •(i)(ii) • • • • • • •PCAOBPCAOB •PCAOBHFCAA20225HFCAA202120-F20221215PCAOB2022123120-FHFCAA20-FHFCAA • •A•A 2 20231231 ABAB8A.24AB (1)3,577,284,062A149,494,964B (2)ABPropitiousGlobal849,601,280A (3)104,258,701B77,681,824ADataBliss LimitedEverOrient InternationalLimitedData Bliss Limited (4)45,236,263B56,409,701ASapient Rich Holdings LimitedClover Rich LimitedSapient Rich Holdings Limited B1:1A149,494,964BAA149,494,964A4.2% BB (i)8A.17(1)(2)(3)(4) (ii)BB8A.18 (iii)B8A.18(2) (iv)BA