DCITS(SZ:000555)2014-03-25 16:00Financial 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].