Financial Performance - Operating revenue for the first nine months reached CNY 185,081,255.55, a 52.49% increase year-on-year[6] - Net profit attributable to shareholders surged by 250.53% to CNY 25,023,365.04 for the first nine months[6] - Basic and diluted earnings per share increased by 266.67% to CNY 0.11[7] - The company reported a net profit excluding non-recurring gains and losses of CNY 18,841,538.67, up 395.18% year-on-year[6] - Net profit for the first three quarters of 2019 reached CNY 130,255,558.93, compared to CNY 112,979,155.43 in the same period of 2018, reflecting an increase of approximately 15.2%[26] - The net profit for Q3 2019 reached CNY 8,630,057.58, compared to CNY 15,792,348.87 in Q3 2018, reflecting a decrease of 45.4%[31] - Net profit for Q3 2019 was CNY 9,716,435.93, a decrease from CNY 10,393,867.47 in Q3 2018, representing a decline of approximately 6.5%[36] Assets and Liabilities - Total assets increased by 3.76% to CNY 935,526,573.80 compared to the end of the previous year[6] - The total assets of the company as of September 30, 2019, amounted to RMB 935,526,573.80, up from RMB 901,592,867.72 at the end of 2018[21] - Total assets as of September 30, 2019, amounted to CNY 1,060,193,046.56, compared to CNY 935,977,065.99 at the end of 2018, showing a growth of about 13.3%[26] - Total liabilities as of September 30, 2019, were CNY 303,706,976.45, an increase from CNY 196,767,399.38 in the previous year, representing a rise of approximately 54.3%[26] - The company’s total liabilities increased, with short-term borrowings rising to RMB 70,000,000.00 from RMB 50,000,000.00, indicating a strategy to leverage for growth[21] Cash Flow - The net cash flow from operating activities decreased by 60.55% to -CNY 37,366,643.56 compared to the same period last year[6] - Cash flow from operating activities for the first nine months of 2019 was CNY 132,385,359.60, slightly down from CNY 132,559,203.68 in the previous year[39] - The company reported a net cash outflow from operating activities of CNY 37,366,643.56 in Q3 2019, compared to a net outflow of CNY 23,274,794.46 in Q3 2018[40] - Operating cash flow for the first three quarters of 2019 was -45,911,098.00 RMB, compared to -34,412,528.22 RMB in the same period of 2018, indicating a decline in cash flow[42] - Cash flow from financing activities showed a net increase of 11,797,442.83 RMB, recovering from a net outflow of -12,590,106.91 RMB in the same quarter last year[43] Shareholder Information - The total number of shareholders reached 28,966 by the end of the reporting period[12] - Major shareholder Jiang Hongye holds 43.21% of the shares, with 49,960,000 shares pledged[12] Research and Development - The company invested RMB 8,031,892.03 in development expenses, a significant increase of 202.19% from RMB 2,657,892.32, focusing on new retail and coding projects[16] - Research and development expenses grew by 61.61% to RMB 38,243,259.21, driven by increased personnel costs to support future business development[18] - Research and development expenses in Q3 2019 were CNY 10,257,051.39, significantly higher than CNY 2,691,883.76 in Q3 2018, marking an increase of 280.5%[35] Inventory and Accounts Receivable - Accounts receivable increased by 47.64% to RMB 205,968,119.75 from RMB 139,509,325.86, primarily due to extended payment terms influenced by major clients' acceptance processes[15] - Inventory rose by 59.15% to RMB 25,057,257.77 from RMB 15,744,051.36, reflecting proactive investments in multiple client projects not yet recognized as revenue[15] - The company’s inventory as of September 30, 2019, was CNY 25,057,257.77, up from CNY 15,744,051.36 in the previous year, indicating a growth of approximately 59.5%[24] Operating Costs - The company's operating costs increased by 52.03% to RMB 99,659,264.44, in line with the growth in business scale and revenue[18] - Total operating costs for Q3 2019 were CNY 57,098,729.25, up from CNY 42,778,409.67 in Q3 2018, indicating a rise of about 33.4%[29] - The total operating costs for Q3 2019 were CNY 41,427,476.76, compared to CNY 38,139,795.34 in Q3 2018, reflecting an increase of 6.0%[35] Financial Expenses - The company reported a significant decrease in financial expenses, down 70.02% to -RMB 3,341,396.36, due to reclassification of some bank interest income as investment income[18] - The financial expenses for Q3 2019 were CNY -135,550.54, a significant improvement from CNY -3,042,048.46 in Q3 2018[35]

证券代码：603189 证券简称：网达软件 公告编号：2019-029 上海网达软件股份有限公司 关于参加上海辖区上市公司投资者集体接待日活动 的公告 本公司董事会及全体董事保证本公告内容不存在任何虚假记载、误导性陈 述或者重大遗漏，并对其内容的真实性、准确性和完整性承担个别及连带责任。 为进一步加强与投资者的互动交流工作，上海网达软件股份有限公司（以下 简称"公司"）将参加由上海上市公司协会、上证所信息网络有限公司共同举办 的"2019 年上海辖区上市公司投资者集体接待日"主题活动，现将有关事项公 告如下： 本次集体接待日活动将在上证所信息网络有限公司提供的网上平台，采取网 络 远 程 的 方 式 举 行 ， 投 资 者 可 以 登 录 " 上 证 路 演 中 心 " 网 站 （ http://roadshow.sseinfo.com ） 或 关 注 微 信 公 众 号 ： 上 证 路 演 中 心 （sse_roadshow），参与公司本次投资者集体接待日活动，活动时间为 2019 年 9 月 26 日（星期四）下午 15:00 至 17:00。届时公司财务总监沈宇智先生、董事 会秘书孙琳女士将通过网络在线 ...

Financial Performance - The company's operating revenue for the first half of 2019 reached ¥118,835,104.27, representing a 92.07% increase compared to ¥61,870,120.53 in the same period last year[17]. - The net profit attributable to shareholders of the listed company was ¥16,393,307.47, a significant turnaround from a loss of ¥8,653,547.15 in the previous year, marking a 289.44% increase[17]. - The basic earnings per share for the reporting period was ¥0.07, compared to a loss of ¥0.04 per share in the same period last year, reflecting a 289.44% improvement[19]. - The company reported a net profit after deducting non-recurring gains and losses of ¥11,047,412.39, compared to a loss of ¥10,471,254.49 in the same period last year, marking a 205.50% increase[18]. - The company achieved a sales revenue of RMB 118.83 million in the first half of 2019, representing a 92.7% increase year-over-year[34]. - Net profit for the same period reached RMB 16.39 million, a significant increase of 289.44% compared to the previous year[34]. Cash Flow and Assets - The net cash flow from operating activities was negative at -¥33,129,163.46, worsening from -¥19,615,377.28 in the previous year, indicating a 68.89% decline[18]. - The total assets at the end of the reporting period were ¥896,017,692.88, a slight decrease of 0.62% from ¥901,592,867.72 at the end of the previous year[18]. - The net assets attributable to shareholders of the listed company decreased by 1.51% to ¥782,441,691.73 from ¥794,399,611.41 at the end of the previous year[18]. - The company's cash and cash equivalents decreased to RMB 128,589,584.96 from RMB 157,211,159.70 year-over-year[81]. - The company reported a total current asset of RMB 643,823,919.21 as of June 30, 2019, compared to RMB 631,684,041.44 at the end of 2018[81]. Research and Development - Research and development expenses rose by 64.35% to ¥25,706,730.44, driven by increased investment in R&D to support future business growth[42]. - The company emphasizes a combination of applied and forward-looking research in its R&D efforts, particularly in video processing and analysis technologies[38]. - The company is focusing on enhancing its core capabilities in artificial intelligence, integrating technologies like facial recognition and big data analysis into existing software products[39]. Market and Industry Trends - The 5G commercial licenses were issued in June 2019, marking the beginning of the 5G era in China, which is expected to drive innovation in various sectors[25]. - The ultra-high-definition video industry in China is projected to enter a strategic opportunity period for technology development and results transformation over the next five years[26]. - The artificial intelligence market in China is expected to exceed 10 trillion yuan, with a compound annual growth rate of 33.38% over the next five years[29]. - The combination of 5G and ultra-high-definition video is anticipated to create diverse and high-value application scenarios in the future[28]. Strategic Focus and Future Plans - The company is actively exploring applications of 5G, artificial intelligence, and edge computing, focusing on customer core needs[36]. - The company plans to provide comprehensive lifecycle solutions centered around data, integrating smart technologies and 5G applications[39]. - The company plans to continue expanding its market presence and investing in new product development to sustain growth in the upcoming quarters[89]. Shareholder and Governance - The company held two shareholder meetings during the reporting period, including the first extraordinary meeting on January 7, 2019, which approved the investment in the Netda Mobile Internet Industrial Park project[59]. - The annual shareholder meeting on May 13, 2019, approved several key reports, including the 2018 financial settlement report and the profit distribution plan for 2018[60]. - The actual controller and shareholders have committed to not transferring or entrusting the management of their shares for 36 months from the listing date[61]. Risks and Challenges - The company faces risks including technology risk, customer dependency risk, intensified industry competition, rising operational costs, and project investment risk[56]. - The company is closely monitoring the operational status of its investment in AsiaInfo Technologies to mitigate potential risks[57]. Accounting and Financial Policies - The company adheres to specific accounting policies for inventory, revenue recognition, and research and development expenditures, ensuring compliance with relevant accounting standards[129]. - The company recognizes revenue from the sale of goods when the major risks and rewards of ownership have been transferred to the buyer, and the related economic benefits are likely to flow to the company[190]. - The company recognizes impairment losses based on expected credit losses for financial assets measured at amortized cost and certain debt instruments[154].

Financial Performance - The company's operating revenue for 2018 was CNY 201.81 million, a slight increase of 2.64% compared to CNY 196.62 million in 2017[22]. - Net profit attributable to shareholders decreased by 78.51% to CNY 7.99 million from CNY 37.20 million in the previous year[22]. - Basic earnings per share fell by 76.47% to CNY 0.04 from CNY 0.17 in 2017[23]. - The weighted average return on equity decreased to 1.00%, down 3.68 percentage points from 4.68% in 2017[24]. - The company reported a net cash flow from operating activities of CNY 18.13 million, a decline of 47.27% from CNY 34.39 million in 2017[22]. - The total assets increased by 5.45% to CNY 901.59 million from CNY 854.98 million in 2017[22]. - The company's operating revenue for 2018 was CNY 201,676,953.35, an increase of 4.3% compared to CNY 193,377,289.90 in the previous year[191]. - The net profit for 2018 was CNY 7,994,068.99, compared to CNY 37,204,932.74 in the previous year, indicating a significant decline[188]. Research and Development - The company is focused on integrating advanced technologies such as AI and big data into its operations[12]. - The company’s R&D expenses increased significantly due to the expansion of its workforce and the completion of a new R&D building in Shanghai, leading to higher depreciation costs[24]. - Research and development expenses increased to CNY 48,251,774.95, compared to CNY 33,431,568.23 in the previous year, reflecting a focus on innovation[187]. - The company has obtained 12 national invention patents and 57 software copyrights, reflecting its commitment to innovation and intellectual property development[48]. - The company is investing in video coding, cloud computing, and artificial intelligence, expanding its R&D team and increasing salary costs due to the new Shanghai headquarters[42]. Market Strategy and Expansion - The company is actively involved in the development of a fusion media platform to enhance content management and market responsiveness[12]. - The company is exploring opportunities in the new retail sector, leveraging internet technologies for business transformation[12]. - The company has expanded its operations from regional to national level, deploying teams in multiple provinces including Shanghai, Zhejiang, and Guangdong, significantly enhancing customer satisfaction through refined operational management[44]. - The company is actively pursuing market expansion in the new retail and media sectors, leveraging its complete solutions and strong operational capabilities[45]. - The company aims to strengthen its strategic layout in the big video sector, leveraging market demand and mobile internet multimedia software development technology[92]. Risk Management - The company emphasizes the importance of risk awareness in its forward-looking statements regarding development strategies and operational plans[6]. - The company has outlined potential risks and countermeasures in the management discussion and analysis section of the report[7]. - The company faces risks related to technology development, including high costs and rapid iteration, which could impact its competitive position if not managed effectively[94]. - The company has a high dependency on major clients like China Mobile and China Telecom, which poses a risk if their business needs change significantly[94]. - The company anticipates increased competition in the big video market, which may raise barriers to entry and intensify market risks[95]. Shareholder and Dividend Policy - The company plans to distribute a cash dividend of 0.30 RMB per 10 shares, totaling 6,624,000 RMB to shareholders[5]. - The proposed cash dividend for 2018 is RMB 0.30 per 10 shares, totaling approximately RMB 6,624,000, which represents 82.86% of the net profit[102]. - The cash dividend for 2017 was RMB 0.60 per 10 shares, amounting to RMB 13,248,000, which is 35.61% of the net profit[102]. - The company has a profit distribution policy clearly defined in its articles of association, approved by the board of directors[99]. - The company plans to maintain a dividend payout ratio that aligns with its net profit performance in future years[103]. Corporate Governance - The company has established a governance structure that complies with the requirements of the Company Law and relevant regulations, ensuring clear responsibilities among various governance bodies[158]. - The board of directors consists of members who actively participate in training to enhance their understanding of relevant laws and regulations, ensuring compliance and effective governance[160]. - The company has a diverse board with members holding various positions in other organizations, enhancing its strategic oversight[144]. - The independent directors have extensive experience in finance and technology sectors, contributing to the company's governance[144]. - The company has maintained a stable leadership team since 2018, with no changes in shareholding among key executives[141]. Financial Reporting and Audit - The company has received a standard unqualified audit report from Ruihua Certified Public Accountants[4]. - The audit report confirms that the financial statements fairly reflect the company's financial position and operating results for the year ended December 31, 2018[169]. - The company has not encountered any significant accounting errors that would require correction or impact its financial statements[110]. - The company has adhered to the new financial reporting format issued by the Ministry of Finance, which will not affect the financial position or performance of the company[108]. - The company continues to engage Ruihua Certified Public Accountants as its external auditor, with an audit fee of RMB 900,000 for the year[111].

Financial Performance - The company's operating revenue for 2018 was CNY 201.81 million, a slight increase of 2.64% compared to CNY 196.62 million in 2017[22]. - Net profit attributable to shareholders decreased by 78.51% to CNY 7.99 million from CNY 37.20 million in the previous year[22]. - The basic earnings per share dropped by 76.47% to CNY 0.04 from CNY 0.17 in 2017[23]. - The weighted average return on equity fell to 1.00%, down 3.68 percentage points from 4.68% in 2017[24]. - Operating cash flow decreased by 47.27% to CNY 18.13 million from CNY 34.39 million in the previous year[22]. - The total revenue for the company was approximately ¥201.81 million, with a gross margin of 41.69%, reflecting a year-over-year increase of 2.64% in revenue but a decrease of 9.03% in gross margin percentage[56]. - The mobile internet segment generated ¥195.74 million in revenue, with a gross margin of 42.07%, showing a year-over-year revenue increase of 16.43% but a decrease in gross margin by 12.33 percentage points[56]. - The business intelligence segment reported revenue of ¥306.11 million, with a gross margin of 64.58%, experiencing a significant decline in revenue by 95.61% year-over-year[56]. - The company reported a total comprehensive income for the current period of ¥2,788,575.85, down from ¥37,204,932.74 in the previous period[178]. Investment and Development - The company increased its investment in technology development, leading to a 21.45% rise in operating costs to CNY 117.68 million[24]. - Research and development expenses rose significantly due to an expanded workforce in mobile coding, cloud computing, and artificial intelligence[24]. - The company is focusing on technology development and services, with increased investment in mobile encoding, cloud computing, and artificial intelligence[40]. - The company is actively developing new retail solutions by integrating AI and big data analytics, focusing on marketing recommendations and customer flow analysis[43]. - The company has developed capabilities to support over 100 million devices on its multi-screen interactive platform, enhancing user experience during high-demand events[46]. - The company is committed to the development of the ultra-high-definition video industry, with expectations for the industry to exceed 4 trillion RMB by 2022[35]. - The company aims to enhance its technology innovation and new product development, exploring areas such as multi-screen interaction technology and big data analysis technology[78]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of 0.30 RMB per 10 shares, totaling 6,624,000 RMB to shareholders as of December 31, 2018[5]. - For the fiscal year 2018, the company plans to distribute cash dividends of approximately RMB 6,624,000, which is 82.86% of the net profit available for distribution to shareholders[89]. - In 2017, the company distributed cash dividends totaling RMB 13,248,000, representing 35.61% of the net profit available for distribution[88]. - The company’s net profit for 2016 was RMB 71,659,774.46, with cash dividends of RMB 22,080,000 distributed, accounting for 30.37% of the net profit[87]. Risk Factors - The company has outlined potential risks in its annual report, which investors should pay attention to[7]. - The company emphasizes that forward-looking statements do not constitute substantive commitments to investors, highlighting investment risks[6]. - The company faces significant technology risks due to the need for continuous innovation and timely upgrades in the mobile internet multimedia sector, with high costs associated with technology development[81]. - The company has a high dependency on major clients such as China Mobile and China Telecom, which poses risks if these clients shift towards in-house development or if market competition intensifies with the rise of internet giants like Tencent Video and iQIYI[81]. - Rising operational costs are a concern due to increasing property prices and competitive talent markets in first-tier cities, necessitating the introduction of high-margin products to stabilize profit growth[82]. Corporate Governance - The company has received a standard unqualified audit report from Ruihua Certified Public Accountants[4]. - The company has ensured the accuracy and completeness of the financial report, with all board members present at the meeting[8]. - The company adheres to the requirements of the Company Law and relevant regulations in its governance practices, ensuring no conflicts of interest with the controlling shareholder[148]. - The board of directors consisted of members who actively participated in meetings, with a total of 8 board meetings held during the year[152]. - The audit committee, strategic committee, compensation and assessment committee, and nomination committee were established to provide professional opinions for board decisions[148]. - The company has maintained a stable leadership structure with no changes in shareholding among the board members during the reporting period[130]. Market Presence and Expansion - The company has expanded its market presence in various provinces, including Chongqing, Sichuan, and Hainan, leading to increased initial investment costs[40]. - The company has deployed operational teams in multiple provinces, expanding from a regional to a national company, enhancing customer satisfaction through refined management[42]. - The company is investing in the Hefei Wangda mobile internet R&D industrial park, which may lead to reduced cash flow and increased financial costs due to the large investment and long construction period[82]. Social Responsibility - The company actively engages in social responsibility initiatives, including employment promotion and tax compliance[111]. - The company donated 100,000 RMB for infrastructure and 150,000 RMB worth of computer equipment to support education in Yunnan[109]. - The company has invested 250,000 RMB in improving educational resources in impoverished areas as part of its poverty alleviation efforts[109]. - The company is committed to environmental protection and has not faced any penalties for violations during the reporting period[112].

Financial Performance - Operating revenue for the first quarter reached CNY 60,215,311.13, representing an increase of 86.47% year-on-year[6] - Net profit attributable to shareholders was CNY 10,649,085.90, a significant increase of 256.48% compared to the same period last year[6] - Basic earnings per share were CNY 0.05, up 266.67% from a loss of CNY 0.03 in the previous year[6] - Diluted earnings per share also stood at CNY 0.05, reflecting the same percentage increase[6] - Operating profit for Q1 2019 was ¥10,971,135.73, recovering from a loss of ¥6,795,294.66 in the same period last year[22] - Net profit for Q1 2019 was ¥10,649,085.90, compared to a net loss of ¥6,805,294.66 in Q1 2018, marking a turnaround in profitability[23] - The company reported a total comprehensive income of ¥905,017.54 for Q1 2019, recovering from a loss of ¥7,347,611.26 in the same quarter last year[23] Cash Flow - The net cash flow from operating activities was negative CNY 18,158,107.44, a decline of 36.75% year-on-year[6] - The net cash flow from operating activities for Q1 2019 was -¥18,158,107.44, compared to -¥13,278,673.20 in Q1 2018, indicating ongoing cash flow challenges[30] - Cash inflows from operating activities totaled ¥39,734,005.70 in Q1 2019, compared to ¥31,439,300.24 in Q1 2018, showing growth in cash receipts[29] - The cash flow from operating activities showed a total inflow of ¥45,789,858.55 in Q1 2019, an increase from ¥33,287,739.46 in Q1 2018, reflecting improved operational performance[32] Assets and Liabilities - Total assets at the end of the reporting period were CNY 902,015,055.57, a slight increase of 0.05% compared to the previous year[6] - The company's current assets totaled CNY 639.830 million, compared to CNY 631.684 million at the end of 2018, indicating a growth in liquidity[13] - The total liabilities stood at CNY 106.282 million, slightly down from CNY 107.193 million at the end of 2018[15] - Total liabilities as of Q1 2019 amounted to ¥222,165,635.39, an increase from ¥196,767,399.38 in the previous year[22] - The total assets as of Q1 2019 were ¥901,592,867.72, remaining unchanged from the previous year, indicating stability in asset management[36] - The total liabilities for Q1 2019 were ¥107,193,256.31, consistent with the previous year, suggesting no significant changes in debt levels[37] Shareholder Information - The total number of shareholders at the end of the reporting period was 24,853[8] - The top shareholder, Jiang Hongye, held 43.21% of the shares, amounting to 95,400,000 shares, with a portion pledged[8] Research and Development - The company reported a significant increase in development expenditures, rising to CNY 4.805 million from CNY 2.658 million, indicating a focus on innovation[14] - Research and development expenses increased to ¥13,163,695.43 in Q1 2019, up from ¥7,049,198.98 in Q1 2018, reflecting a focus on innovation[22] - Research and development expenses increased to ¥7,965,992.48 in Q1 2019, up from ¥6,205,389.29 in Q1 2018, reflecting a focus on innovation[26] Inventory and Receivables - Accounts receivable increased to CNY 167.842 million from CNY 139.509 million, reflecting a year-on-year growth of approximately 20.3%[13] - Inventory levels rose to CNY 16.460 million from CNY 15.744 million, reflecting a strategic buildup of stock[13] - The company reported a total of ¥15,744,051.36 in inventory as of Q1 2019, indicating stable inventory levels compared to the previous year[36] Future Outlook - The company has not indicated any major changes in its future outlook or guidance for the upcoming periods[11]

2018 年第三季度报告 公司代码：603189 公司简称：网达软件 上海网达软件股份有限公司 2018 年第三季度报告 1 / 20 | 目录 | | --- | | 一、 | 重要提示 | 3 | | --- | --- | --- | | 二、 | 公司基本情况 | 3 | | 三、 | 重要事项 | 7 | | 四、 | 附录 | 9 | 2018 年第三季度报告 一、 重要提示 1.1 公司董事会、监事会及董事、监事、高级管理人员保证季度报告内容的真实、准确、完整， 不存在虚假记载、误导性陈述或者重大遗漏，并承担个别和连带的法律责任。 二、 公司基本情况 1.2 公司全体董事出席董事会审议季度报告。 2.1 主要财务数据 1.3 公司负责人冯达、主管会计工作负责人沈宇智及会计机构负责人（会计主管人员）张棋杰保 证季度报告中财务报表的真实、准确、完整。 3 / 20 1.4 本公司第三季度报告未经审计。 单位：元 币种：人民币 本报告期末 上年度末 本报告期末比上年度末增 减(%) 总资产 844,236,478.98 854,981,006.38 -1.26 归属于上市公司 股东的净资产 798,7 ...

Financial Performance - The company's operating revenue for the first half of 2018 was ¥61,870,120.53, a decrease of 25.98% compared to ¥83,591,239.06 in the same period last year[18]. - The net profit attributable to shareholders for the first half of 2018 was -¥8,653,547.15, representing a decline of 172.51% from ¥11,934,558.60 in the previous year[18]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was -¥10,471,254.49, a decrease of 209.65% compared to ¥9,550,041.01 in the same period last year[18]. - The net cash flow from operating activities was -¥19,615,377.28, a significant decline from ¥653,591.82 in the previous year, marking a decrease of 3,101.17%[18]. - Basic earnings per share for the reporting period were -0.04 yuan, down 180.00% from 0.05 yuan in the same period last year[19]. - The weighted average return on equity decreased by 2.58 percentage points to -1.08% compared to 1.50% in the same period last year[19]. - The company achieved operating revenue of 61.87 million yuan in the first half of 2018, a decrease of 21.72 million yuan or 25.98% compared to the same period last year[33]. - The net profit attributable to shareholders of the listed company for the same period was -8.65 million yuan, a decline of 20.59 million yuan compared to the previous year[33]. Assets and Liabilities - The net assets attributable to shareholders at the end of the reporting period were ¥782,957,488.41, an increase of 0.43% from ¥779,588,735.42 at the end of the previous year[18]. - The total assets at the end of the reporting period were ¥829,405,960.46, reflecting a growth of 1.41% compared to ¥817,864,656.58 at the end of the previous year[18]. - Total assets decreased from RMB 854,981,006.38 at the beginning of the period to RMB 829,405,960.46 at the end of the period, a decline of approximately 3%[80]. - Total liabilities decreased from RMB 50,121,970.82 to RMB 46,448,472.05, a decline of about 5.3%[80]. - Owner's equity decreased from RMB 804,859,035.56 to RMB 782,957,488.41, a reduction of approximately 2.7%[81]. Operational Insights - The company's revenue for the reporting period was 61.87 million yuan, a decrease of 25.98% compared to the same period last year, primarily due to the adjustment in major clients' procurement approval schedules[19]. - Operating costs decreased by 20.46% year-on-year, with third-party procurement costs down by 16 million yuan, while labor costs increased by approximately 5 million yuan due to staff expansion[19]. - The company continues to focus on developing and selling mobile internet software products, particularly in the audio and video fields, maintaining a leading advantage[25]. - The company adopts a direct sales model primarily targeting large enterprise clients, often acquiring project contracts through bidding[25]. - The mobile internet industry is experiencing a slowdown in active user growth, with only a 20 million increase in active users in the first half of 2018[27]. Market and Strategic Positioning - The company is positioned to benefit from the ongoing development of 5G technology, which is expected to enhance video quality and user experience[28]. - The company emphasizes a "technology + service" business model to support multimedia business operations, aiming to improve operational efficiency for clients[25]. - The company has established strategic partnerships with mainstream media to enhance the integration of traditional and new media, focusing on cloud services and AI technology[36]. - The company is expanding its presence in the Internet of Things sector, providing operational support for various projects, including vehicle networking and smart home gateways[35]. Risks and Challenges - The company faces seasonal risks in revenue distribution, with significant income concentrated in the second half of the year, particularly in Q4[51]. - There is a high dependency on major clients such as China Mobile and China Telecom, which poses risks if their demand changes or if they choose to develop in-house capabilities[53]. - The company is at risk of declining profitability due to rising main business costs and the potential for lower-margin orders as it expands its client base[54]. - The company acknowledges the risk of revenue decline if the mobile video market becomes dominated by major internet players like Tencent and iQIYI[54]. - The company must continuously invest in technology and product upgrades to maintain its competitive edge in the mobile internet multimedia sector[52]. Human Resources and Talent Management - The company has a workforce of 1,056 employees, with 73.67% holding a bachelor's degree or higher, and over 92.14% being research and development personnel[31]. - The company has established a talent cultivation system but still faces risks related to the scarcity of high-end talent in the fast-evolving industry[54]. Corporate Governance and Compliance - The company has held one shareholder meeting during the reporting period, approving several key reports and proposals[56]. - The company is committed to not transferring or managing its shares for a specified period post-IPO, ensuring stability in shareholding[57]. - There are no significant litigation or arbitration matters during the reporting period[61]. - The company has not disclosed any stock incentive plans or employee stock ownership plans during the reporting period[61]. - There are no major related party transactions reported in the current period[63]. Financial Reporting and Accounting Policies - The company adheres to the enterprise accounting standards, ensuring that financial statements reflect its financial status and operating results accurately[118]. - The company’s financial reports are prepared based on the assumption of going concern, indicating no significant issues affecting its operational continuity[116]. - The company has no significant changes in accounting policies or estimates during the reporting period[177]. - The company recognizes revenue from product sales when the significant risks and rewards of ownership have been transferred to the buyer, and the related economic benefits are likely to flow to the company[167].

公司代码：603189 公司简称：网达软件 上海网达软件股份有限公司 2018 年第一季度报告 1 / 18 | 一、 | 重要提示 3 | | --- | --- | | 二、 | 公司基本情况 3 | | 三、 | 重要事项 6 | | 四、 | 附录 8 | 2018 年第一季度报告 一、 重要提示 2018 年第一季度报告 | | 本报告期末 | 上年度末 | 本报告期末比上年度末增 | | --- | --- | --- | --- | | | | | 减(%) | | 总资产 | 848,445,412.09 | 854,981,006.38 | -0.76% | | 归属于上市公司 | 798,053,740.90 | 804,859,035.56 | -0.85% | | 股东的净资产 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减(%) | | 经营活动产生的 | -13,278,673.20 | -29,789,255.84 | -55.42% | | 现金流量净额 | | | | | | 年初至报告期末 | 上年初至上年报告期末 | 比上年同期增减（ ...

Financial Performance - The company's operating revenue for 2017 was CNY 196,622,865.33, a decrease of 12.14% compared to CNY 223,787,561.34 in 2016[21]. - The net profit attributable to shareholders for 2017 was CNY 37,204,932.74, down 48.83% from CNY 72,701,761.14 in the previous year[21]. - The net profit after deducting non-recurring gains and losses was CNY 26,185,874.99, a decrease of 57.28% compared to CNY 61,298,784.95 in 2016[21]. - The net cash flow from operating activities was CNY 34,387,624.72, a slight decrease of 0.37% from CNY 34,513,931.23 in 2016[21]. - Basic earnings per share were 0.17 yuan, down 58.54% from 0.41 yuan in the previous year[22]. - The weighted average return on net assets was 4.68%, significantly lower than 15.49% in the previous year[22]. - The company reported a total revenue of 196.62 million yuan, a decrease of 12.14% compared to the previous year, primarily due to a decline in technology development income[22]. - Operating costs for the year amounted to 96.89 million yuan, an increase of 9.36% year-on-year, mainly due to a rise in overall employee compensation costs[23]. - The company experienced a net profit of approximately 37.20 million yuan, down from 72.70 million yuan in the previous year[25]. - The company reported a net profit attributable to shareholders of 16.89 million yuan in Q4, with a total annual net profit of 37.20 million yuan[27]. Assets and Liabilities - As of the end of 2017, the total assets amounted to CNY 854,981,006.38, reflecting a 1.52% increase from CNY 842,206,994.16 at the end of 2016[21]. - The net assets attributable to shareholders increased to CNY 804,859,035.56, up 1.92% from CNY 789,700,140.56 in 2016[21]. - The company's total liabilities decreased to CNY 50,121,970.82 from CNY 52,506,853.60, a reduction of about 4.6%[158]. - The company's equity attributable to shareholders increased to CNY 804,859,035.56 from CNY 789,700,140.56, marking a growth of approximately 1.3%[159]. - The total assets of the company as of December 31, 2017, amounted to ¥854,981,006.38, an increase from ¥842,206,994.16 at the beginning of the year[158]. Cash Flow - The company reported a net cash flow from operating activities of CNY 34.39 million, a slight decrease of 0.37% compared to the previous year[57]. - Cash inflow from operating activities totaled CNY 213,811,435.46, a decrease of 1.3% from CNY 216,906,415.31 in the previous period[169]. - Cash inflow from investment activities reached CNY 1,205,006,184.23, significantly higher than CNY 147,337,694.54 in the prior period, reflecting increased investment recovery[169]. - The ending cash and cash equivalents balance decreased to CNY 181,654,473.26 from CNY 410,172,065.94, indicating a liquidity contraction[170]. Research and Development - Research and development expenses increased by 33.25% to CNY 42.80 million, reflecting the company's commitment to innovation[57]. - The company holds 12 national invention patents and 48 software copyrights as of the end of the reporting period[49]. - The company plans to increase investments in artificial intelligence in 2018, aiming to integrate smart technology into video and operational processes[46]. - The company will increase R&D investment in cloud computing, big data, IoT, and artificial intelligence to improve product competitiveness and enhance user experience[78]. Strategic Initiatives - The company signed a strategic cooperation agreement with China Mobile IoT Company to establish an IoT business ecosystem, targeting projects in smart cities and other areas[47]. - The company aims to build an interactive media ecosystem centered on mobile internet multimedia software development, leveraging its advantages in telecom operators and central media enterprises to expand into multimedia companies and local TV stations[76]. - The company actively participated in the large video business projects of telecom operators, providing comprehensive solutions including management backends and application products for end users[45]. Risk Management - The company emphasizes the importance of risk awareness regarding its development strategies and operational plans[6]. - The company faces risks related to technology development, including the need for timely upgrades and new technology R&D to maintain competitive advantage[80]. - The company has a high dependency on major clients like China Mobile and China Telecom, which poses risks if these clients change their business needs or strategies[81]. Shareholder Information - The company plans to distribute a cash dividend of CNY 0.60 per 10 shares, totaling CNY 13,248,000 to shareholders[5]. - In 2017, the company distributed cash dividends of 0.60 CNY per 10 shares, with a total profit attributable to shareholders of 37,204,932.74 CNY, representing a payout ratio of 35.61%[86]. - The company’s major shareholders have committed to not reducing their holdings for 36 months post-IPO[88]. Governance and Compliance - The audit report issued by Ruihua Certified Public Accountants confirmed the accuracy and completeness of the financial statements[4]. - The company has established a profit distribution policy as per the amended articles of association approved in 2016[85]. - The company has not reported any significant deficiencies in internal controls during the reporting period[137]. - The company has maintained effective communication with stakeholders, emphasizing social responsibility and the protection of their rights[133].