ISS(SH:600756)2014-03-14 16:00Financial Performance - The company's operating revenue for 2013 was CNY 876,078,783.87, representing a 22.27% increase compared to CNY 716,491,205.04 in 2012[30]. - The net profit attributable to shareholders of the listed company decreased by 89.36% to CNY 4,204,263.27 from CNY 39,504,734.20 in the previous year[30]. - The net profit attributable to shareholders after deducting non-recurring gains and losses was CNY 1,452,152.82, down 95.96% from CNY 35,972,787.12 in 2012[30]. - The basic earnings per share dropped by 85.92% to CNY 0.02, down from CNY 0.142 in the previous year[32]. - The weighted average return on equity fell to 0.54%, a decrease of 4.63 percentage points from 5.17% in 2012[32]. - The net profit attributable to shareholders decreased by 89.36% to CNY 2,752,110.45, primarily due to special tax adjustments related to the joint venture[36]. - The company achieved a net profit of 340.91 million yuan from its subsidiary, Shandong Inspur E-Government Software Co., Ltd.[52]. - The company reported a net profit of 49.8181 million yuan (unaudited) in 2013[87]. - The net profit for the year was RMB 3,550,003.43, a significant decrease of 90.9% from RMB 39,187,823.77 in 2012[144]. - The net profit for the period is RMB 11,722,694.63, contributing to the overall equity changes[159]. Cash Flow and Investments - The net cash flow from operating activities increased by 128.28% to CNY 68,362,366.84 from CNY 29,946,916.95 in 2012[30]. - The company's cash and cash equivalents decreased by 39.33% to CNY 218,080,722.60, primarily due to investments in bank wealth management products[45]. - The net cash flow from operating activities for the year was RMB 68,362,366.84, an increase of 128.5% compared to RMB 29,946,916.95 in the previous year[148]. - The net cash flow from investing activities was -RMB 197,816,331.03, worsening from -RMB 42,065,650.02 in the previous year[149]. - Cash inflow from investing activities totaled RMB 3,783,523.08, a significant decrease from RMB 33,419,598.19, reflecting a decline of 88.7%[149]. - Cash outflow from investing activities increased to RMB 201,599,854.11 from RMB 75,485,248.21, marking a rise of 166.5%[149]. - The net cash flow from financing activities was -RMB 12,724,629.35, compared to -RMB 6,909,419.20 in the previous year, indicating a deterioration of 84.5%[149]. Assets and Liabilities - The total assets of the company at the end of 2013 were CNY 1,413,277,683.93, a 3.36% increase from CNY 1,367,325,865.18 at the end of 2012[30]. - The total liabilities rose to RMB 639,198,865.18 from RMB 585,976,079.83, an increase of approximately 9.1%[138]. - Total current assets increased to RMB 944,183,794.06 from RMB 918,734,314.93, a growth of approximately 2.5%[136]. - Total equity decreased to RMB 774,078,818.75 from RMB 781,349,785.35, a decline of about 0.3%[138]. - The total equity attributable to the parent company at the end of the year was RMB 780,521,451.76, with a decrease of RMB 11,516,706.76 during the year[154]. Market Presence and Strategy - The company maintained the leading market share in the tobacco software application sector, covering over 20 provinces[36]. - The company expanded its market presence in the government information sector, covering more than half of the provinces in China[36]. - The company plans to focus on smart government solutions and services, leveraging its experience in the tobacco industry and government information technology[56]. - The company aims to enhance its asset management efficiency and improve overall operational levels[56]. Corporate Governance and Management - The company has established an independent management structure, including separate administrative, financial, marketing, development, and quality control systems, ensuring no interference from the controlling shareholder[122]. - The company has implemented a performance evaluation system for senior management, linking their bonuses directly to operational performance[123]. - The board of directors held a total of 7 meetings during the year, with all directors participating in the meetings[117]. - The independent directors did not raise any objections to the board's proposals during the reporting period[118]. - The supervisory board found no issues with the company's risk management during the reporting period[120]. Employee and Workforce - The number of employees in the parent company is 1,129, while the number in major subsidiaries is 378, totaling 1,507 employees[104]. - The company has 1,247 technical personnel, 171 sales personnel, 15 financial personnel, and 74 administrative personnel, reflecting a strong technical workforce[104]. - The educational background of employees includes 134 with a master's degree or above, 1,170 with a bachelor's degree, and 164 with a diploma, indicating a highly educated workforce[105]. - The total remuneration for directors and senior management during the reporting period was 2.3437 million yuan, with an average of 234.37 thousand yuan per person[94]. Risk Management and Compliance - The company has set up an internal control system to ensure compliance, asset security, and the accuracy of financial reporting, with no significant deficiencies found during evaluations[126]. - The company has independent financial management practices, including separate bank accounts and tax obligations, with no reliance on the controlling shareholder for financial decisions[122]. - The company has not reported any significant accounting errors or omissions during the reporting period, enhancing the quality and transparency of its financial disclosures[127]. Shareholder and Dividend Information - The company plans to distribute a cash dividend of CNY 0.10 per 10 shares, totaling CNY 2,787,472.80[8]. - The proposed cash dividend distribution is 0.10 yuan per 10 shares, totaling 2,787,472.80 yuan, which accounts for 66.30% of the net profit attributable to shareholders[60]. - The cumulative distributable profit for shareholders as of December 31, 2013, is 297,867,434.41 yuan after statutory surplus reserve allocation[60]. - The company plans to carry forward the remaining undistributed profit of 295,079,961.61 yuan to future years[60].