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神州信息(000555) - 2014 Q4 - 年度财报
2015-03-30 16:00
Financial Performance - The company's operating revenue for 2014 was CNY 6,559,007,918, a decrease of 14.97% compared to CNY 7,713,438,140 in 2013[24]. - The net profit attributable to shareholders for 2014 was CNY 279,531,140, representing an increase of 9.74% from CNY 254,718,777 in 2013[24]. - The net cash flow from operating activities reached CNY 503,133,542, a significant increase of 212.33% compared to CNY 161,089,588 in 2013[24]. - The total assets at the end of 2014 amounted to CNY 6,403,363,384, reflecting a growth of 6.14% from CNY 6,032,824,327 at the end of 2013[24]. - The net assets attributable to shareholders increased by 54.06% to CNY 2,929,881,997.26 from CNY 1,901,763,457 in 2013[24]. - The basic earnings per share for 2014 were CNY 0.6482, down 18.72% from CNY 0.7975 in 2013[24]. - The diluted earnings per share also stood at CNY 0.6482, reflecting the same percentage decrease as the basic earnings per share[24]. - The weighted average return on equity for 2014 was 13.69%, a slight decrease from 14.23% in 2013[24]. Dividend and Shareholder Returns - The company plans to distribute a cash dividend of RMB 0.60 per 10 shares (including tax) to all shareholders based on the total share capital on the equity distribution date for the 2014 fiscal year[6]. - The company reported a net profit of CNY 359,221,710.16 for the year 2014, with a total distributable profit of CNY 69,660,498.76 after accounting for losses[120]. - A cash dividend of CNY 0.60 per 10 shares (including tax) is proposed for the 2014 fiscal year, totaling CNY 27,534,357.48[120]. - The company has established a shareholder return plan for 2015-2017, which was approved by the board of directors[119]. Acquisitions and Investments - The company completed its first investment acquisition in 2014 by acquiring Beijing Zhongnongxinda Information Technology Co., expanding into the agricultural information sector[33]. - The company acquired a 100% stake in Zhongnongxinda Information Technology Co., Ltd. and established a joint venture with Chengdu Cultural Boya Investment Co., Ltd. and Chengdu Qinzhi Digital Technology Co., Ltd.[115]. - The company has invested a total of 71 million in acquiring Beijing Zhongnongxinda Information Technology Co., achieving 100% project progress[96]. - The company’s investment income from Digital China Software (BVI) Ltd. was ¥17,276,443.95, following a reduction in equity stake from 23.96% to 17.91% due to the IPO of Dingjie Software Co., Ltd.[76]. Revenue Breakdown - The technology service business generated a revenue of 1.704 billion, an increase of 6.91% compared to the previous year[36]. - The agricultural information business achieved revenue of 142 million, a year-on-year increase of 575.37%, with net profit growing by 619.21%[38]. - The application software development business generated revenue of 567 million, reflecting a 14.52% increase compared to the previous fiscal year[39]. - The financial specialized equipment business reported revenue of 469 million, up 13.09% year-on-year[41]. - The integrated solutions business saw revenue decline to 3.79 billion, a decrease of 27.27% compared to the previous year[43]. - The total revenue for the year was 6.56 billion, a decrease of 14.97% from the previous year, with high-margin businesses increasing their share of total revenue by nearly 10 percentage points[44]. Risk Management and Future Outlook - The company emphasizes the importance of risk factors that may adversely affect its future development and operational goals, as detailed in the board report[13]. - The company has outlined its future plans and potential risks in the board report, which investors should review carefully[13]. - The company’s strategic plan for 2015-2017 emphasizes risk control and quality assurance to ensure sustainable long-term development[35]. - The company faces market risks due to intensified competition in the software and IT services market, potentially leading to price wars[108]. - The company emphasizes the importance of product quality in technology development, adhering to international standards to mitigate risks[109]. Corporate Governance and Compliance - The company reported a standard unqualified audit opinion from ShineWing Certified Public Accountants for the annual report[6]. - The implementation of new accounting standards will not affect the financial statements for the year 2013 and the current period[113]. - The company has not made any major accounting error corrections that require retrospective restatement during the reporting period[114]. - The company has not faced any penalties or corrective actions during the reporting period[167]. - The company has not changed its accounting firm during the reporting period[166]. Share Structure and Capital Changes - The company completed a private placement of 20,520,227 shares, increasing total shares from 431,214,014 to 451,734,241[179]. - The company issued an additional 7,171,717 shares on January 13, 2015, raising total shares to 458,905,958[179]. - The company’s total share capital is now 458,905,958 shares, with 20.06% being unrestricted shares[178]. - The shareholding structure includes 16.41% held by state-owned legal entities and 61.45% by other domestic investors[178]. Legal Matters - The company is involved in ongoing litigation with a total claim amount of 4,570,000 RMB related to a supply contract dispute, with no expected liabilities recognized[135]. - Another litigation involves a claim of 4,672,000 RMB against a supplier for failure to deliver goods, with a court ruling requiring the supplier to pay the company[135]. Research and Development - Research and development expenses amounted to CNY 30,512,990, representing 4.65% of total revenue, with a focus on cloud computing advancements[55]. - The company has accumulated over 500 independent innovative industry solutions and more than 300 software copyrights and technical patents[69]. - The company has established large-scale software R&D bases in Xi'an, Chengdu, Beijing, and Wuxi to track industry technology development trends[69]. - The company achieved a significant breakthrough in cloud computing PaaS and SaaS platform development, maintaining a leading advantage in the industry[69]. Community and Social Responsibility - The company emphasizes employee training and social responsibility through various community activities, enhancing both professional skills and civic awareness[130]. - The company utilizes advanced information technology to protect farmers' rights and interests, particularly in land contracting[128]. - The company has not been involved in any major environmental violations or administrative penalties during the reporting period[132].
神州信息(000555) - 2014 Q3 - 季度财报
2014-10-27 16:00
Financial Performance - Total assets decreased by 7.19% to CNY 5,599,205,116.42 compared to the end of the previous year[9] - Net profit attributable to shareholders decreased by 33.67% to CNY 21,011,578.87 for the current period[9] - Operating revenue decreased by 4.44% to CNY 1,481,285,957.39 compared to the same period last year[9] - Basic earnings per share decreased by 50.91% to CNY 0.0487 for the current period[9] - The company reported a 16.44% increase in net profit attributable to shareholders for the year-to-date period, totaling CNY 128,141,086.94[9] Cash Flow - Cash flow from operating activities showed a net outflow of CNY 191,464,189.77, an increase of 31.70% compared to the previous year[9] - Net cash flow from operating activities improved by 31.7% to CNY -191,464,189.77, driven by increased cash receipts from sales of goods and services[22] - Investment activities generated a net cash flow of CNY -165,312,229.40, a 666.24% increase compared to the previous year, mainly due to unexpired financial products[22] - Financing activities produced a net cash flow of CNY 213,302,896.42, reflecting a 99.68% increase due to new borrowings during the reporting period[22] Shareholder Information - The total number of ordinary shareholders at the end of the reporting period was 5,761[13] - The largest shareholder, Shenzhou Digital Software Co., Ltd., holds 45.17% of the shares[13] Asset Management - Accounts receivable decreased by 43.65% from the beginning of the year to CNY 26,102,989.95, mainly due to the maturity of receivable notes[18] - Prepayments decreased by 49.18% to CNY 35,628,899.78, attributed to the gradual realization of goods received during the reporting period[19] - Other current assets increased significantly by 11253.44% to CNY 200,000,000.00, primarily due to the presence of unexpired financial products at the end of the period[19] - Available-for-sale financial assets decreased by 57.17% to CNY 36,568,801.51, due to price fluctuations and the sale of part of these assets[19] Regulatory and Compliance - The company received a notice from the China Securities Regulatory Commission regarding the acceptance of its application for the issuance of shares to purchase assets, with approval still uncertain[24] - The company has ongoing commitments related to asset restructuring and compliance with regulatory requirements, with no violations reported as of the report date[31] - The company has committed to maintaining its dividend distribution policy without any violations reported as of the report date[33] - The company has not reported any unfulfilled commitments or plans for future actions related to its commitments[33] Investments - The company reported a total investment cost of approximately ¥480 million in securities, with a net loss of about ¥27 million during the reporting period[35] - The company held 11,821,900 shares of SJI, representing 14.28% of the total shares at the end of the period, with a loss of approximately ¥50 million[35] - The company increased its stake in Dingjie Software to 27,649,491 shares, accounting for 17.91% of the total shares, with a gain of approximately ¥22.66 million[35] - The company has not held any other listed company shares during the reporting period[36] - The company has not engaged in any derivative investments during the reporting period[37] Strategic Initiatives - The company is actively improving its internal control systems, including the identification of key control points and the implementation of corrective measures for any deficiencies found[29] - The company conducted multiple institutional research meetings discussing its strategic direction and merger plans, with participation from various investment institutions[39] - The company is focusing on expanding its smart city business and exploring acquisition strategies[39] Other Financial Activities - The company plans to issue shares to purchase assets and raise matching funds, with ongoing updates provided every five trading days during the suspension period[23] - As of August 22, 2014, the company had used CNY 174,950,000 of the raised funds, with a remaining balance and interest totaling CNY 25,270,000[25] - The court ruled that Anlibofa Group must pay the subsidiary, Digital China Information Systems Co., a total of CNY 38,876,998 plus interest of CNY 7,849,265.9 within ten days of the judgment[26] - The company sold its fractional shares for a net income of CNY 98.43 during the reporting period[28] - The company has converted CNY 2,500,000 into fixed-term deposits with a 3.08% interest rate for a duration of 6 months[27]
神州信息(000555) - 2014 Q2 - 季度财报
2014-08-25 16:00
Financial Performance - The company's operating revenue for the first half of 2014 was ¥2,912,768,036.14, a decrease of 11.97% compared to ¥3,308,796,090.89 in the same period last year[22]. - The net profit attributable to shareholders of the listed company was ¥107,129,508.07, an increase of 36.70% from ¥78,370,081.90 in the previous year[22]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was ¥87,325,455.18, up 20.11% from ¥72,706,172.66 year-on-year[22]. - The basic earnings per share for the reporting period was ¥0.2484, reflecting a slight increase of 1.22% compared to ¥0.2454 in the previous year[22]. - The total assets at the end of the reporting period were ¥5,893,482,753.41, a decrease of 2.31% from ¥6,032,824,327.11 at the end of the previous year[22]. - The net assets attributable to shareholders of the listed company increased by 3.83% to ¥1,974,668,332.45 from ¥1,901,763,457.00 at the end of the previous year[22]. - The net cash flow from operating activities was negative at -¥167,816,405.44, an improvement from -¥249,136,333.09 in the same period last year[22]. - The weighted average return on net assets was 5.48%, up from 4.60% in the previous year, indicating improved profitability[22]. Revenue Breakdown - The system integration business reported revenue of CNY 1,809.00 million, down 22% year-on-year due to cautious client selection[31]. - The technology services business saw revenue growth of 12.47%, reaching CNY 740.00 million[32]. - The application software development business generated CNY 198.00 million, a slight decline of 1.14% year-on-year[33]. - Revenue from financial specialized equipment increased by 30.42% to CNY 165.00 million[34]. - The gross profit margin increased by 1.25 percentage points compared to the previous year[30]. - The gross profit margin for the software and information technology services sector was 17.26%, an increase of 1.25% compared to the previous year[43]. - The revenue from technical services increased by 12.47% year-over-year, reaching approximately ¥740 million, with a gross profit margin of 24.56%[43]. Investment and R&D - R&D investment surged by 230.37% to CNY 44.90 million, reflecting increased focus on innovation[38]. - The company reported a total investment during the reporting period of approximately ¥362.88 million, a slight decrease of 2.03% compared to the previous year[50]. - The company has accumulated over 500 independent innovative industry solutions and more than 300 software copyrights and technology patents[46]. - The company established three major software development and delivery bases in Beijing, Xi'an, and Chengdu, certified by international standards such as CMMI4 and ISO27001[47]. Financial Management - The total amount of entrusted financial management funds reached 309,500,000 RMB, with 269,500,000 RMB in self-raised funds and a cumulative overdue principal and income amount of 0 RMB[61]. - The bank's floating income financial products showed varying returns, with the highest return being 281.1 RMB for a 20,000 RMB investment over three months[57]. - The average return for the money market funds managed by the company was reported at 91.5 RMB for a 14,000 RMB investment over a period of approximately 30 days[59]. - The company reported a total of 1,575.23 RMB in income from entrusted financial management, with a net income of 1,543.97 RMB after expenses[61]. - The financial products offered include guaranteed principal and floating income types, indicating a focus on capital preservation[57]. - The financial management strategy emphasizes risk management and compliance with regulatory requirements[60]. Shareholder and Governance - The company has not engaged in derivative investments during the reporting period[62]. - The company has not engaged in entrusted loans during the reporting period[63]. - The company has maintained compliance with corporate governance standards, with no discrepancies noted in its governance practices[84]. - The company has actively managed investor relations through various communication channels, ensuring transparency and responsiveness to inquiries[87]. - The company has conducted multiple communications with shareholders regarding stock name changes and business registration progress[79]. - The company conducted multiple investor communications, including 13 institutions on May 6, 2014, and 31 institutions on May 16, 2014, focusing on business strategy without providing related materials[81]. Legal and Compliance - The company has not reported any media controversies or bankruptcy restructuring matters during the reporting period[92]. - There were no significant litigation or arbitration matters affecting the company during the reporting period[90]. - The company has confirmed that there were no penalties or rectification situations during the reporting period[121]. - The company has not faced any risks of delisting due to illegal activities during the reporting period[122]. Future Plans - The company has initiated a three-year strategic plan for 2015-2017 to enhance its management system and optimize business layout[35]. - The company plans to continue expanding its financial product offerings to attract more investors[60]. - The company plans to focus on expanding its market presence and enhancing its product offerings in the upcoming quarters[165].
神州信息(000555) - 2014 Q1 - 季度财报
2014-04-27 16:00
Financial Performance - The company's operating revenue for Q1 2014 was ¥1,339,036,176.87, a decrease of 27.99% compared to ¥1,859,409,413.26 in the same period last year[9] - Net profit attributable to shareholders was ¥33,771,774.68, representing a significant increase of 165.86% from ¥12,702,890.91 year-on-year[9] - The net profit after deducting non-recurring gains and losses was ¥16,669,058.96, up 103.81% from ¥8,178,613.91 in the previous year[9] - Basic earnings per share increased by 96.73% to ¥0.0783 from ¥0.0398 in the same period last year[9] Cash Flow - The company's cash flow from operating activities showed an improvement, with a net cash outflow of ¥278,987,711.82, a reduction of 24.96% compared to ¥371,803,165.12 in the previous year[9] - Net cash flow from investing activities decreased by 127.41% year-on-year, primarily due to property purchases in the previous year[18] - Net cash flow from financing activities decreased by 618.84% compared to the same period last year, mainly due to loan repayments during the reporting period[18] - The impact of exchange rate changes on cash and cash equivalents increased by 35.70% year-on-year, attributed to exchange rate fluctuations during the reporting period[18] Assets and Liabilities - Total assets at the end of the reporting period were ¥5,670,295,880.32, down 6.01% from ¥6,032,824,327.23 at the end of the previous year[9] - The net assets attributable to shareholders increased by 1.30% to ¥1,926,495,831.83 from ¥1,901,763,457.11 at the end of the previous year[9] - The balance of accounts receivable increased by 159.50% to ¥120,198,004.05 compared to ¥46,318,871.47 at the beginning of the year[16] - Long-term borrowings increased to ¥238,065,000.00, indicating new long-term debt incurred during the reporting period[16] Income and Expenses - Operating tax and additional fees decreased by 64.73% compared to the same period last year, mainly due to a reduction in circulation tax[17] - Asset impairment losses decreased by 64.48% year-on-year, primarily due to a decrease in bad debt provisions[17] - Investment income increased by 1567.81% compared to the same period last year, mainly due to significant increases in financial management income and new shares issued by affiliated companies[17] - Non-operating income decreased by 87.67% year-on-year, primarily due to a reduction in government subsidies recognized in the current period[17] - Non-operating expenses increased by 76.23% compared to the same period last year, mainly due to donations made during the reporting period[17] Shareholder Engagement - The total number of shareholders at the end of the reporting period was 9,339[12] - The company received multiple inquiries from shareholders regarding changes to the stock abbreviation and business operations throughout the reporting period[27] - The company engaged in discussions with shareholders about the progress of business registration changes[27] - The company provided information on annual report data and business issues to shareholders during multiple communication sessions[27] Commitments and Future Outlook - The company has made various commitments regarding performance and asset ownership, with no violations reported as of the report date[20] - The company anticipates potential significant changes in cumulative net profit compared to the same period last year, but specific details are not applicable at this time[23] - The total investment amount for derivative investments at the end of the reporting period is 0.00, with no impairment provision recorded[26] - There were no sources of funds for derivative investments reported during the period[26]
神州信息(000555) - 2013 Q4 - 年度财报
2014-03-25 16:00
Financial Performance - The company's operating revenue for 2013 was ¥7,713,438,140.57, a decrease of 1.53% compared to the previous year[22]. - The net profit attributable to shareholders for 2013 was ¥254,718,777.19, representing a decline of 17.33% from the previous year[22]. - The net profit after deducting non-recurring gains and losses was ¥231,444,635.10, which increased by 112.66% year-on-year[22]. - The net cash flow from operating activities was ¥161,089,588.21, down 14.98% compared to the previous year[22]. - The basic earnings per share for 2013 was ¥0.80, a decrease of 16.67% from the previous year[22]. - Total assets at the end of 2013 amounted to ¥6,032,824,327.11, an increase of 6.58% from the end of 2012[22]. - The net assets attributable to shareholders at the end of 2013 were ¥1,901,763,457.00, reflecting a growth of 14.34% year-on-year[22]. - The weighted average return on equity for 2013 was 14.23%, a decrease of 6.00% compared to the previous year[22]. - The company reported a net profit of -28,182.12 million CNY for 2013, indicating it does not meet the conditions for profit distribution[115]. - The cumulative profit available for distribution has been negative for three consecutive years: -28,461.95 million CNY in 2012 and -27,632.33 million CNY in 2011[116][117]. - No cash dividends were distributed in 2013, 2012, or 2011, with a cash dividend ratio of 0.00% for each year[119]. Audit and Compliance - The financial report received a standard unqualified audit opinion from ShineWing Certified Public Accountants[6]. - The audit firm for the current year is Xinyong Zhonghe, with an audit fee of CNY 700,000[165]. - There were no violations of commitments related to related party transactions as of the report date[162]. - The company has maintained compliance with its commitments regarding dividend distribution policies[162]. - The company has not faced any investigations or penalties from regulatory authorities during the reporting period[166]. - There were no significant changes in the accounting firm during the audit period, ensuring continuity in audit practices[165]. Business Operations and Strategy - The company plans to focus on future development strategies and operational goals despite potential risks[12]. - The company has expanded its business scope to include research and development of financial self-service equipment and related software[21]. - The company is focusing on self-owned software, services, and financial specialized equipment, optimizing its business structure[32]. - The company is actively exploring new business growth points through innovation in business models and technology research and development[98]. - The company will focus on productizing its software and technology services, improving sales models to enhance business stability[103]. - The company aims to achieve a profit attributable to the parent company of CNY 260 million in 2014[102]. - The company is committed to strengthening talent development to ensure sustainable growth and mitigate risks associated with talent retention[101]. Risk Factors and Management - The company disclosed significant risk factors that may adversely affect future strategic goals and operational targets[12]. - The company emphasizes the importance of reviewing disclosed information on designated media to mitigate investment risks[12]. - The company faces market risks due to increasing competition and potential price wars in specific segments[106]. Shareholder Information - The company underwent a change in its major shareholder, with Shenzhou Digital Software Co., Ltd. holding 45.17% of the shares as of December 30, 2013[21]. - The largest shareholder, Shenzhou Digital Software Co., Ltd., holds 45.17% of the shares, amounting to 194,770,055 shares[187]. - The company had a total of 7,184 shareholders at the end of the reporting period, compared to 10,030 shareholders five trading days prior[187]. - The controlling shareholder is Digital China Software Co., Ltd., which holds a registered capital of 600 million USD and focuses on investment holding[191]. - There was a change in the controlling shareholder on December 23, 2013, with Digital China Software becoming the new controlling entity[192]. Asset Management and Financial Activities - The company completed a major asset restructuring in 2013, significantly changing its main business and improving profitability[31]. - The company completed the absorption merger with Digital China Information Service Co., Ltd. on December 16, 2013, approved by the China Securities Regulatory Commission, issuing 319,399,894 new shares[138]. - The company completed a significant asset restructuring in 2013, which altered its main business and improved its financial position[121]. - The company raised 200 million yuan in supporting funds during the merger process[138]. - The total amount of raised funds is CNY 20,000.00 million, with CNY 17,242.05 million invested during the reporting period[80]. - The cumulative amount of raised funds invested is CNY 17,242.05 million, with CNY 14,240.60 million allocated to repay debts to Kunshan Development Zone Guotou Holdings Co., Ltd.[80]. Customer and Market Engagement - The company has a comprehensive customer service system that provides end-to-end IT lifecycle services, enhancing customer satisfaction and service quality[66]. - The company is focused on expanding its market presence through strategic mergers and acquisitions, as indicated by the ongoing restructuring efforts[172]. - The company plans to enhance its market coverage and customer base in key industries such as finance and telecommunications, aiming to increase both the number of clients and revenue per client[102]. Research and Development - The company has developed over 500 proprietary industry solutions and holds more than 300 software copyrights and technology patents, showcasing its strong R&D capabilities[63]. - Research and development expenses amounted to ¥24,386.24 million, representing 3.16% of the company's audited revenue and 12.82% of the audited net assets[49]. Financial Management - The company reported a total return of 771.93, indicating a strong performance in financial management[73]. - The highest single investment in money market funds was 20,000, yielding a return of 61.59[72]. - The company utilized self-raised funds for entrusted financial management, showcasing financial independence[73]. - The investment strategy included a mix of money market funds and bank principal-protected financial products[72]. - The company did not report any litigation issues related to its financial management activities[73]. Legal and Regulatory Matters - The company has not faced any administrative penalties during the reporting period[126]. - The company has not reported any major litigation or arbitration matters during the reporting period[130]. - There were no media inquiries or widespread doubts regarding the company during the reporting period[131]. - The company reported no non-operating fund occupation by controlling shareholders or related parties[133]. - There were no bankruptcy reorganization matters during the reporting period[134].