Core Viewpoint - The company, Jiuyuan Yinhai, is experiencing a decline in stock price and has a high rolling price-to-earnings (PE) ratio compared to the industry average, indicating potential overvaluation in the current market context [1][4]. Company Overview - Jiuyuan Yinhai focuses on three strategic directions: healthcare insurance, digital governance, and smart cities, utilizing technologies such as big data, cloud computing, blockchain, artificial intelligence, and mobile internet to enhance public welfare and support national governance modernization [2]. - The company is recognized as a national high-tech enterprise and has received multiple awards for its innovation and competitiveness in the software industry [2]. Financial Performance - In the first quarter of 2025, the company reported a revenue of 208 million yuan, representing a year-on-year increase of 6.25%, and a net profit of 14.90 million yuan, reflecting a year-on-year growth of 17.18% [3]. - The company's gross profit margin stands at 45.26%, indicating a healthy profitability level [3]. Market Position - As of June 10, the company's stock closed at 17.64 yuan, down by 2.00%, with a rolling PE ratio of 95.45, significantly higher than the industry average of 73.57 [1][4]. - Jiuyuan Yinhai ranks 109th in terms of PE ratio within its industry, which has a median PE of 78.91 [1][4].

证券代码：002777 证券简称：久远银海 公告编号：2025-022 四川久远银海软件股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 一、股东大会审议通过利润分配方案情况 配预案为: 以总股本 408,231,038 股为基数，向全体股东每 10 股派发现金红利 1.50 元 （含税），共分配现金红利 61,234,655.70 元，剩余未分配利润结转以后年度。不送红 股，不以公积金转增股本。 在分配方案实施前公司总股本由于可转债转股、股份回购、股权激励行权、再融资 新增股份上市等原因而发生变化的，分配比例将按分派总额不变的原则相应调整。 二、权益分派方案 本公司2024年年度权益分派方案为：以公司现有总股本408,231,038股为基数，向全 体股东每10股派1.500000元人民币现金（含税；扣税后，通过深股通持有股份的香港市 场投资者、QFII、RQFII以及持有首发前限售股的个人和证券投资基金每10股派1.350000 元；持有首发后限售股、股权激励限售股及无限售流通股的个人股息红利税实行差别化 税率征收，本公司暂不扣缴个人所得税，待个 ...

证券代码：002777 证券简称：久远银海 公告编号：2025-022 四川久远银海软件股份有限公司 2024 年年度权益分派实施公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、 误导性陈述或重大遗漏。 四川久远银海软件股份有限公司（下称"公司"或"本公司"）2024年年度权益分 派方案已获2025年4月18日召开的公司2024年年度股东大会审议通过，具体内容详见 2025年3月24日及2025年4月21日公司在巨潮资讯网披露的《四川久远银海软件股份有限 公司2024年度利润分配预案的公告》（公告编号：2025-011）、《四川久远银海软件股 份有限公司2024年年度股东大会决议的公告》（公告编号：2025-016）。现将权益分派 事宜公告如下： 一、股东大会审议通过利润分配方案情况 1.2025 年 4 月 18 日，公司召开 2024 年年度股东大会审议通过的 2024 年度利润分 配预案为: 以总股本 408,231,038 股为基数，向全体股东每 10 股派发现金红利 1.50 元 （含税），共分配现金红利 61,234,655.70 元，剩余未分配利润结转以后年度。不送 ...

Group 1 - The core business of the company focuses on three strategic directions: medical insurance, digital governance, and smart cities, utilizing technologies such as big data, cloud computing, blockchain, artificial intelligence, and mobile internet to empower people's livelihoods and support national governance modernization [2] - The company has been recognized as a national high-tech enterprise and has received multiple awards, including being listed among China's top 100 growing companies and various provincial and national honors [2] - As of March 31, 2025, the company had 57,693 shareholders, with an average holding value of 352,800 yuan and an average holding quantity of 27,600 shares [1] Group 2 - In the first quarter of 2025, the company reported revenue of 208 million yuan, a year-on-year increase of 6.25%, and a net profit of 14.90 million yuan, reflecting a year-on-year growth of 17.18% with a gross profit margin of 45.26% [3] - The company's rolling price-to-earnings (PE) ratio is 94.85, significantly higher than the industry average of 71.26 and the industry median of 79.62, ranking it 111th in the industry [1][4]

公司名称：四川久远国基科技有限公司 统一社会信用代码：91510104350584325Y 类型：有限责任公司（非自然人投资或控股的法人独资） 住所：成都市锦江区工业园区三色路 163 号银海芯座 1 栋 1 单元 24 层 2401 号 法定代表人：张洁然 证券代码：002777 证券简称：久远银海 公告编号：2025-021 四川久远银海软件股份有限公司 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、基本情况 四川久远银海软件股份有限公司（以下简称"公司"）全资子公司四川久远国基科技有 限公司（以下简称"久远国基公司"）因经营需要，于近日完成了法定代表人变更的工商登 记手续，并取得了成都市锦江区行政审批局核准换发的《营业执照》，本次工商登记变更除 法定代表人变更外，其他登记事项未发生变更。变更后的营业执照基本信息如下： 成立日期：2015 年 07 月 22 日 经营范围：软件开发；研究、销售计算机软、硬件、网络设备；信息系统集成；销售办公 机械、机电设备（不含九座以下乘用车）、光电设备、通讯设备（不含无线电发射设备）；智 能弱电工程设计、施工；公共 ...

Company Overview - Sichuan Jiuyuan Yinhai Software Co., Ltd. focuses on three strategic directions: medical insurance, digital government, and smart cities, serving government departments and industry ecosystem entities [2] - The company utilizes technologies such as big data, cloud computing, blockchain, artificial intelligence, and mobile internet to empower people's livelihoods and support national governance modernization [2] - Jiuyuan Yinhai is recognized as a national high-tech enterprise and has received multiple awards, including being listed among China's top 100 growth companies and top 30 in Sichuan's software and information technology services [2] Financial Performance - For Q1 2025, the company reported revenue of 208 million yuan, representing a year-on-year increase of 6.25% [3] - The net profit for the same period was 14.90 million yuan, showing a year-on-year growth of 17.18% [3] - The gross profit margin stood at 45.26% [3] Market Position - As of May 21, the company's stock closed at 17.42 yuan, down 1.25%, with a rolling price-to-earnings (PE) ratio of 94.26 times [1] - The average PE ratio for the internet services industry is 73.31 times, with a median of 81.34 times, placing Jiuyuan Yinhai at the 110th position in the industry ranking [1][4] - The total market capitalization of the company is 7.11 billion yuan [1] Shareholding Structure - As of Q1 2025, 11 institutions hold shares in Jiuyuan Yinhai, including 5 funds, 4 other entities, 1 insurance company, and 1 trust, with a total shareholding of 172.29 million shares valued at 3.10 billion yuan [1]

证券代码：002777 证券简称：久远银海 公告编号：2025-021 四川久远银海软件股份有限公司 关于全资子公司完成工商变更登记并换发营业执照的公告 本公司及董事会全体成员保证信息披露的内容真实、准确、完整，没有虚假记载、误导 性陈述或重大遗漏。 一、基本情况 四川久远银海软件股份有限公司（以下简称"公司"）全资子公司四川久远国基科技有 限公司（以下简称"久远国基公司"）因经营需要，于近日完成了法定代表人变更的工商登 记手续，并取得了成都市锦江区行政审批局核准换发的《营业执照》，本次工商登记变更除 法定代表人变更外，其他登记事项未发生变更。变更后的营业执照基本信息如下： 公司名称：四川久远国基科技有限公司 统一社会信用代码：91510104350584325Y 类型：有限责任公司（非自然人投资或控股的法人独资） 住所：成都市锦江区工业园区三色路 163 号银海芯座 1 栋 1 单元 24 层 2401 号 法定代表人：张洁然 注册资本：6000 万元 成立日期：2015 年 07 月 22 日 经营范围：软件开发；研究、销售计算机软、硬件、网络设备；信息系统集成；销售办公 机械、机电设备（不含九座以下乘用 ...

Investment Rating - The report maintains a "Recommendation" rating for the company, with a target price of 22.8 yuan [2][9]. Core Views - The company achieved a revenue of 1.339 billion yuan in 2024, a slight decline of 0.55% year-on-year, and a net profit attributable to shareholders of 73 million yuan, down 55.96% year-on-year. In Q1 2025, revenue increased to 208 million yuan, a growth of 6.25% year-on-year, with a net profit of 15 million yuan, up 17.18% year-on-year [2][9]. - The company is steadily advancing in smart healthcare and actively laying out data elements, with a focus on developing integrated solutions for smart hospitals and healthcare systems [9]. - The company has established partnerships with various data operation units to promote the implementation of data elements in the market, leveraging public data resources to create a comprehensive solution and technical system [9]. Financial Summary - For 2024, total revenue is projected at 1.339 billion yuan, with a year-on-year growth rate of -0.5%. By 2025, revenue is expected to rise to 1.487 billion yuan, reflecting an 11% growth rate [4]. - The net profit attributable to shareholders is forecasted to be 73 million yuan in 2024, with a significant recovery to 154 million yuan in 2025, indicating a growth rate of 110.2% [4]. - The company's earnings per share (EPS) is expected to increase from 0.18 yuan in 2024 to 0.38 yuan in 2025, with a projected price-to-earnings (P/E) ratio of 60x for 2025 [4][9].

Investment Rating - The report maintains a "Recommendation" rating for the company, with a target price of 22.8 yuan [2][9]. Core Views - The company achieved a revenue of 1.339 billion yuan in 2024, a slight decline of 0.55% year-on-year, while the net profit attributable to shareholders dropped by 55.96% to 73 million yuan. In Q1 2025, revenue increased by 6.25% year-on-year to 208 million yuan, and net profit rose by 17.18% to 15 million yuan [2][9]. - The company is actively advancing smart healthcare solutions and has established a new product system for smart hospitals, enhancing its offerings in the healthcare sector [9]. - The company is focusing on data elements and has developed a comprehensive solution and technical system for public data resources, collaborating with various data operation units to promote market implementation [9]. - Despite facing slight pressure on performance in 2024 due to external factors, the company is expected to benefit from the rise of data elements and AI industries, with significant market potential anticipated [9]. Financial Summary - In 2024, total revenue is projected to be 1.339 billion yuan, with a year-on-year growth rate of -0.5%. By 2025, revenue is expected to increase to 1.487 billion yuan, reflecting an 11% growth rate [4][10]. - The net profit attributable to shareholders is forecasted to recover significantly from 73 million yuan in 2024 to 154 million yuan in 2025, marking a growth rate of 110.2% [4][10]. - The company's earnings per share (EPS) is expected to rise from 0.18 yuan in 2024 to 0.38 yuan in 2025, with a price-to-earnings (P/E) ratio of 98 in 2024, decreasing to 46 in 2025 [4][10].

证券代码：002777 证券简称：久远银海 公告编号：2025-020 四川久远银海软件股份有限公司 本公司及董事会全体成员保证信息披露内容的真实、准确和完整，没有虚假记载、 误导性陈述或重大遗漏。 司"）收到控股股东四川久远投资控股集团有限公司（以下简称"久远集团"）的有关 股权改革的《告知函》，久远集团的股东方中国工程物理研究院正在筹划久远集团股权 改革的相关事宜，该事项可能会导致久远集团控股股东和公司实际控制人发生变更。具 体详见公司在《证券时报》《中国证券报》《上海证券报》《证券日报》和巨潮资讯网 （www.cninfo.com.cn）披露的《关于控股股东的实际控制人拟变更的提示性公告》（公 告编号：2017-011）。 久远集团的股东方中国工程物理研究院研究决定启动久远集团股权改革的相关事宜，该 事项可能会导致久远集团控股股东和公司实际控制人发生变更。具体详见公司在《证券 时报》《中国证券报》《上海证券报》《证券日报》和巨潮资讯网（www.cninfo.com.cn） 披露的《关于公司的实际控制人拟变更的进展公告》（公告编号：2023-044）。 函》，现就有关事项公告如下： 一、截止本公告日，久远 ...